Mining

UK mining share prices rallied today with a a long list of gainers on the F3MNG Index.  The entire sector was up by just under 3.0% at mid-afternoon, it’s biggest gain in a month. Kenmare Resources (LSE:KMR) was up 5.46% to 29.85.  Hochschild Mining (LSE:HOC) was up 4.82% to 280.50.  Petropavlosk (LSE:POG) gained 4.91% to […]

The past eight months have probably been the toughest in platinum mining giant Lonmin’s (LSE:LMI) history.  Losing CEO Ian Farmer to illness and suffering through the death of 34 men during labor riots at its Marikana mine virtually at the same time has been difficult to say the least. In an ADVFN article “Lonmin Closes […]

Here is the technical analysis forecast on Emed stock (LSE:EMED), based on the extant circumstances in the market.   Right now, the price has closed below the EMA 21 and is trading below it, while the Williams % Range period 20 has gone into the oversold situation. This means that the selling pressure is currently […]

Shares in AIM listed Tanzania gold miner Shanta Gold (LSE:SHG) have not covered me in glory. It has not been a disastrous share tip but it would be a lie to say that the stock has flown. I did have hopes of lift off as the shares reached 24p in January but today they sit […]

AIM listed wannabee gold miner Chaarat Gold (LSE:CGH) has issued an update on its operations in the Kyrgyz Republic which is – on balance – very encouraging but hidden at the bottom of the text are a couple of minor blemishes. On balance it supports the very strong buy case but it is worth reading […]

Shares in AIM and Canada listed Aureus Mining (LSE:AUE) trade higher today at 40p post the company’s 2012 results release and an update on financing for the company’s New Liberty gold project in Liberia. However, the shares are still well below the 57.25p at which I called them a post t1ps sell in November. I […]

I have always had a soft spot for AIM listed Turkish explorer Ariana Resources (LSE:AAU). Its management team do not take the piss on salaries and battle on showing grim determination to deliver and perhaps things are starting to go the way of Kerim Sener and his team. The newsflow of late has been positive. […]

AIM-listed Kryso Resources (LSE:KYS) is a tip of the year from myself at 32p. The shares currently trade slightly above this level at 32.75p despite continued unfavourable sector sentiment and an update last month that delays meant that its development project “is not now expected to be completed by March 2014 as previously scheduled”. So […]

The prime focus of AIM and TSX Listed EMED Mining (LSE:EMED) is on restarting the huge Rio Tinto copper mine in Spain but it was set up in Cyprus (it initially targeted a small copper deposit there) and so lo and behold it still has some Cypriot bank exposure. And yesterday the company announced that as […]

Africa is often falsely apprehended for one big homogeneous economy. Africa is the world’s second largest continent after Asia, and so would suggest large quantities of resources, no?  So what does 80,000 tonnes of, for example; iron ore actually mean for an economy within this beautiful continent? And if Africa truly does hold precious, base […]