Mining

Transfer of Convertible Loan Agreement and Board Changes Paragon Diamonds Limited, the AIM quoted diamond development and production company in Africa announces that Obtala Resources Limited, the holder of £1,996,000 loan notes in the Company, as well as 27.33% of the Company’s issued share capital, has entered into an agreement to sell the Notes to […]

GOLD (XAUUSD) Dominant Bias: Bearish Contrary to the assumption that Gold would be bullish, its price has gone downwards significantly within the last 2 weeks. There is now a Bearish Confirmation Pattern in the market and the market can continue to be weak. There are support levels at 1275.00 and 1265.00, which would serve as […]

Going for Gold? The Ecuadorian government has announced plans to abolish the windfall tax which torpedoed Kinross Gold’s Fruta del Norte gold project. Ecuadorian President, Rafael Correa, recently stated on national radio that changes would be made to the country’s mining laws, which he acknowledged, “…have been a failure on the part of the government.” […]

‘Excellent’ bulk Sample Grade from Tongo Project, Sierra Leone Stellar Diamonds, the London listed (LSE:STEL) diamond development company focused on West Africa, has issued the final bulk sample grade at its Tongo kimberlite project in Sierra Leone has exceeded 178 carats per hundred tonnes. Highlights: · 1,182 carats recovered from kimberlite ore at an average […]

Approval Granted for Drilling at Schonberg Precious Metals Project, Austria Noricum Gold Limited, the Austrian focused gold exploration and development company, has been granted approval to conduct 3,000 metres of drilling at the Company’s wholly owned Schonberg Precious Metals Project in south-central Austria. This follows a site visit and oral hearing convened by the Austrian […]

More High-Grade Polymetallic Mineralisation Discovered at Hammaslahti Target, in Southern Finland FinnAust Mining plc is pleased to report the discovery of more copper, zinc, lead silver and gold mineralisation at its Hammaslahti Project. FinnAust is an AIM listed exploration company, which is actively exploring a portfolio of copper, zinc and nickel projects in Finland and […]

Interim Results Horizonte Minerals Plc, (LSE:HZM) (TSX:HZM) the exploration and development company focused in Brazil, announces its unaudited financial results for the six months ended 30 June 2014 and the Management Discussion and Analysis for the same period. Overview: · Significant progress has been made in advancing the 100% owned Araguaia Nickel Project (‘Araguaia’) as...

Instrument: XAUUSD Order: Buy Entry date: August 15, 2014 Entry price: 1313.73 Stop loss: 1293.32 Take profit: 1373.32 Instrument: XAGUSD Order: Buy Entry date: August 15, 2014 Entry price: 19.9263 Stop loss: 19.7083 Take profit: 20.5083 NB: 2% per trade is risked. All open trades are closed after the duration of the signals has expired. […]

Condor de Oro Copper-Gold-Molybdenum Drilling Update Peru – Further Positive Indications Hole 6 Mariana Resources Ltd, the AIM listed exploration and development company with projects in Peru, Argentina and Chile, announces further positive results from its scout drilling programme at the 102 sq km Condor de Oro copper-gold-molybdenum project. Overview – Positive indications in all...

Low Opex Potential at Gabon DSO Iron Ore Project – Desktop Order of Magnitude Study Ferrex plc, the AIM quoted iron ore and manganese development company focused in Africa, has said that a desktop study for operations and associated costs has highlighted that significant potential exists for low operating costs at its 309 sq km […]