Mining

Let us take a close look… New Jersey Mining Company (OTCQB:NJMC) today announced results of its underground drill program and summarized its 2014 activities at the McKinley gold project in central Idaho. In 2014, NJMC drilled 21 small diameter (B sized) core holes totaling 1,273 feet (388 meters) from within the underground workings of the […]

Ground Electromagnetic Survey Completed on Blocks 4 and 5 Copper Targets, Oman Savannah Resources (AIM:SAV) has said that it has competed a ground electromagnetic survey, at Blocks 4 and 5 Copper Projects, located in the mineral rich Oman Ophiolite belt. This work is the precursor to drilling over a series of high priority copper targets […]

Oxus Gold stock (LSE:OXS) is an extremely volatile market where it seems the price is consolidating. A closer look reveals that the bulls appear to be having upper hands at the moment and therefore, the price could go upwards. The price is currently above the EMA 21 and the Williams’ % Range period 20 is […]

Stratex International shares (LSE:STI) started crashing at the beginning of this month and this can continue for the rest of the month. A break below the demand level at 2.00 would result in further strengthening of the bearish outlook. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50, and 200. […]

Interim Results Sable Mining Africa Ltd, the AIM listed iron ore exploration and development company, has presented its results for the six months ended 30 September 2014. Highlights: · Focus on the high grade, high margin, low capital intensity Nimba Iron Ore Project in south-east Guinea · Commercial viability of Nimba demonstrated through Preliminary Feasibility […]

Operational update Alecto Minerals (AIM:ALO), an AIM quoted mineral exploration company focussed on West and East Africa, has provided an update on its operational, exploration and corporate activities. Alecto, a gold and base metals exploration company with a focus on Africa, currently operates in four countries across the continent with projects at varying levels of […]

Drilling has commenced on the Hot Maden Gold-Copper Project in Turkey Mariana Resources, the AIM listed exploration and development company with projects in South America, announces that drilling has commenced on the Hot Maden gold-copper project in Turkey. This project is subject to a signed arrangement agreement pursuant to which, and in accordance with the […]

++BREAKING NEWS++ Appointment of Chief Operating Officer Cluff Natural Resources Plc, the natural resources investing company, has announced the appointment of Andrew Nunn as the Company’s Chief Operating Officer. In a statement Cluff said “Andrew joined the Company in May 2014 as Senior Project Manager and has been promoted to the Board with immediate effect. […]

Termination of Yorkville equity swap and issue of equity Alecto Minerals plc (AIM:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, announces that the equity swap agreement, announced on 7 November 2013 between the Company and YA Global Master SPV Ltd has been terminated by mutual consent. Following termination of the […]

GOLD (XAUUSD) Dominant Bias: Bearish The long-term bias on Gold is bearish, but the medium-term bias is bullish. Even the medium-term bullish bias has been put in a precarious condition, because price has been trending downwards this week. Any movement below the support level at 1187.00 would make it illogical to seek long trades, while […]