Mining

GOLD: Since July 2014, Gold has been very weak. This market dropped seriously from the month of July 2014, testing the support level at 1182.94 in October 2014. Since then, the market has been making some serious attempts to go bullish. The market is thus bullish in the medium-term, but bearish in the near-term. The […]

Allotment of Ordinary Shares following Exercise of Conversion Rights Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that it has received notice of exercise in respect of the convertible security previously issued on 16 September 2014 at a conversion price of 1.6 pence being 92.5% of the […]

African Barrick Gold (LSE:ABG) released its unaudited results for the third quarter yesterday. Its share price rose from 195.00 to 200.00 on some impressive results. Typically, we (writers) rush to post the same headlines and stories that everyone else is writing. I have been thinking lately that waiting a day or two offers a slightly […]

Emed Mining shares (LSE:EMED) have gained strength as a result of buying pressure in the market. When we look at our chart in order to determine a bias, we see a bullish bias as the price makes higher highs and lower lows. The market moves because someone is interested in a higher price or a […]

GOLD (XAUUSD) Dominant Bias: Bullish As it was expected, the trend on Gold has turned bullish – with a Bullish Confirmation Pattern in the market. The recent bearish bias drove the price as low as the demand level at 1183.00. That demand level was tested vigorously before further downward plunge was rejected, and since then, […]

PPA signed to provide power to Cerro Bayo Gold and Silver mine, Chile Rame Energy plc, the international power generator and engineering company, has announced that its wholly owned subsidiary, Seawind Holdings SpA, has signed a power purchase agreement with Compañia Minera Cerro Bayo Limitada to supply power to the isolated electrical grid system of […]

Drilling Update, Horse Hill-1, Weald Basin UK Stellar Resources’ (AIM:STG) Horse Hill-1 well has now been drilled to the third casing point at 6,612 feet measured depth, and will now be electrically logged through the observed reservoir sections. Electronic logging and full interpretation of these logs is expected to take approximately one week. The depth […]

Bonanza Rock Chip Results from Mariana’s New RurimaracAu-Ag Property, 4km from Soledad Cu-Au-Ag Prospect, Central Peru Mariana Resources, the AIM quoted exploration and development company focused in South America, announces that bonanza rock chip channel sampling results from the new strategic 2,000Ha Rurimarac gold tenements confirm high grade gold and silver mineralisation exposed in...

Quarter 3, 2014 Operations and Production update – Gedabek and Gosha Gold, Copper and Silver mines, Azerbaijan Anglo Asian Mining, an AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for the three months […]

Further Upgrade of JORC Resource at Mpokoto Gold Project Armadale, an AIM quoted investment company focused on natural resources projects in Africa, has announced a further significant resource increase and an upgrade in the JORC Code compliant Mineral Resource estimate classification for the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of […]