Mining

What is happening on Anglo Asian Mining stock (LSE:AAZ)? The market has long been showing deadly struggle between bulls and bears; plus the bulls are currently gaining upper hands. Wouldn’t it look better if the bears accept reality and stop struggling? A blind man who is keeping malice with the housekeeper would suffer by wandering […]

The condition on Red Rock Resources (LSE:RRR) is currently perfect for long trades. After a prolonged bear market which ended at the end of July 2013, the price has been trending upwards till now. Chart readings that are focused on smaller timeframes would subject one to too much confusing noise, and that is why it […]

It has not been a good year for the Orosur (LSE:OMI) share price, having fallen from 50.28 pence per share on 12 September 2012 to 7.00 by 13 July this year.  The share price has drifted in the doldrums for the past two months, managing to regain ground to the 10.00 range at 13 August […]

BlueRock Diamonds plc (LSE:BRD) has set off to rock the diamond industry this morning as its shares were floated on the AIM market.  Shares are priced at 10.25 pence, which is a 46% premium to the placing price of 7.00 pence.  The shares are being sold on a Periodic Auction Call basis.  As of 3:00 […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A big week for the markets with participants finally permitted to look away from the prospect of Fed tapering, if only briefly and for disturbing geopolitical and potentially military headlines regarding Syria, only to have to look back again […]

Premier Gold Resources stock (LSE:PGR) is a significantly bull market, resulting from the recent long term consolidation. The events that led to this kind of price action have succeeded in triggering a long term bullish signal. In this profession of speculation, prices tend to react to events and fundamentals in speedy manners. This month, the […]

The newly-merged mining-giant, Glencore Xstrata, have written down Xstrata’s assets by $7.7bn. Announced alongside to a decline in half-year revenues, the results highlight difficulties for the company that may take years to resolve though senior management remain positive for the future. Commenting on the results Ivan Glasenberg, Glencore Xstrata’s CEO, said that they “again...

Glencore Xstrata (LSE:GLEN) share price tumbled this morning after the mining behemoth reported a first half loss of $8.9 billion.  The share price had dropped 1.49% and 4.20 pence by 1:00 pm, falling from 301.95 to 297.45.  This is a far cry from last year when pre-Xstrata-acquisition Glencore reported a $2.3 billion profit.  In fact, […]

Rare Earth Minerals stock (LSE:REM) is on the rise. Soon, it would become the rise and rise, based on the chart analysis explained here. The stock was recently caught in some kind of bearish run which dragged on for several months. It was a kind of consolidation to the downside. Since August 2013, the price […]

It’s that time of the year again for publicly-listed firms to submit their reports that show how well (or how bad) they performed. This time, it’s the second quarter finish. Talvivaara Mining At first glance, one can safely assume that Talvivaara (LSE:TALV) did not come out a winner six months since January of this year. […]