Mining

Anglo American’s (LSE:AAL) platinum business – the world’s largest producer of PGM – is set to close four of its shafts in the Rustenberg mining district, leading to a potential loss of jobs and a reduced production in the coming years. The move, however, is not so much as the result of the recent unrest […]

Shares in AIM Listed gold miner Goldplat (LSE:GDP) have been hit hard by a profits warning. It is a minor profits warning and the market has over-reacted sending the shares down by 9.71% to 11.625p. At this price I believe you would be buying for a June 2013 yield of 6.9% rising to 8.6% for […]

Shares of FTSE 250 constituent Centamin plc (LSE:CEY) climbed up earlier today after the Egypt-focused gold producer said it beat target production output for 2012, whilst also partly shedding light into alleged suspension of gold exports on hold at the ports of the Islamic state circulating around last week. In a statement, Centamin disclosed it […]

All hope was lost today for those who thought they will be able to make really good money with the sale of African Barrick Gold plc (LSE:ABG) – well, at least for those who bought the shares after Tanzania’s largest gold producer announced talks for a potential offer to sell the company off five months […]

Mining firm Anglo American names replacement for former chief executive Cynthia Carroll. The multinational mining giant and the world’s largest supplier of platinum Anglo American has named Mark Cutifani as their new Chief Executive. Once a trainee-miner Mr Cutifani, 54, resigned from his position as chief executive of the South African firm AngloGold to take […]

For once it was being interviewed. The podcast is pretty wide ranging covering gold, Governmental profligacy, Greece, cats, West Ham, gold stocks and especially the mining juniors. It lasts about 20 minutes and you can listen HERE Dominic is one of the keynote speakers at the UKInvestor Show on April 13 where he will be […]

I flagged up on the third of January an explicit allegation that fully listed gold miner Centamin (LSE:CEY) was not in fact selling any gold. The allegation was originally not made by an attention seeking share commentator (i.e. me) but by a well regard research analyst in a published note distributed by a respected London […]

Sometimes you do wonder about some of the folks running AIM listed companies. Is there some sort of secret sweepstake CEO’s hold each year to see who can act like the biggest knob with a press release that sends investors the wrong way. If so, AIM listed Bellzone Mining (LSE: BZM) put in a strong late […]

The price of a tonne of iron has raced ahead from lows of $86.50 in September to reach $145.50 in Asian trade this week. Why has this happened? Will it last? And how to play it? Let’s start with the easy one? Why? China. PMI data for November just before Christmas encouraged folks into believing that […]

Since Boxing Day I have diligently published first my macro assumptions for 2013 and then once a day a share tip for 2013. The six tips so far have appeared in various places. The 7th will go out at around noon on 2nd January. The six to date include three gold miners, one income play […]