Mining

 Top broker Ocean Securities has published a buy note on Amara Mining (LSE:AMA) in which it suggests that investors buy the shares at 65p with a target price of 99p. I long followed Amara, formerly known as Cluff Gold on t1ps.com and I also regard the shares as very cheap. As I shall explain below. […]

ASX- and AIM-listed Wolf Minerals Limited (LSE:WLFE) has secured additional funding needed to start the Hemerdon Tungsten Project in southwest England, the specialty metal exploration and development company said today. The company’s majority shareholder, Resource Capital Fund V LP, agreed to provide a funding package of US$82 million (£51 million) secured against the said project. […]

Heavy trading of stocks of Orogen Gold plc (LSE:ORE), were seen earlier today after the gold explorer hinted a possibility of new gold veins not previously identified, adding to the prospectivity of its Deli Jovan gold project in Serbia, Eastern Europe. Over 155 million shares swapped ownership by 14:30 GMT, following Orogen Gold’s statement that […]

West Africa-focused Stellar Diamonds plc (LSE:STEL), has accomplished its target of expanding its resource from its Tongo project in Sierra Leone to at least a million carats, following the conclusion of expansion drilling, the company said Wednesday. In a statement, Stellar announced a 63% in a JORC-compliant inferred resource from Dyke-1 of its Tongo licence […]

Leyshon Resources (LSE:LRL) shares are poised to move skywards, while brave speculators ride their gains accordingly. The price was recently flat – forming serious bottoms. So why buy stocks when we have a bear market? If the market does not appear attractive, we usually scan for another stocks (or we could stay out of the […]

 AIM-listed, South Africa-focussed precious metals miner Pan African Resources (LSE:PAF) has today updated investors on the ongoing process for its prospective Rand1.5 billion (circa. £110 million) acquisition of Evander Gold Mines Ltd. At a current 20.75p share price, capitalising the company at just over £300 million (£378 million adjusting for a prospective rights issue), Pan […]

AIM, Canada and Peru-listed Latin American gold miner, Minera (LSE:MIRL) has followed last week’s publication of a feasibility study on its Ollachea project in Peru with an announcement that it has awarded a contract to begin drilling extensions of the Ollachea ore bodies from underground. This is a company I followed for a couple of […]

Maybe I am just thick but today’s news from AIM listed Gem Diamonds (LSE:GEMD) that it is to sell its Australian mine at Ellendale has me utterly baffled. You see the price tag just bears no relation to its balance sheet value. Needless to say it is the price tag that is far lower. The […]

Gold explorer, Nyota Minerals Limited (LSE:NYO), has unearthed further potential for its proposed open pit mine in its flagship project in Ethiopia ahead of the definitive feasibility study (DFS) soon to be released within this month. In a statement, the ASX- and AIM-quoted exploration and development company said further high-grade mineralisation was encountered below the […]

AIM, Canada and Peru-listed gold mining stock Minera IRL (LSE:MIRL) has today announced the results of a feasibility study on its Ollachea project in Peru. This is a company I have followed for a couple of years on t1ps.com and more recently on my own blog and which I have recently written about in a modestly […]