Mining

All Gold stocks are off today. A large sell order in the physical gold market has seen the gold price weaken by about 2.5%. Inevitably those who said that gold was a bubble to burst at $900 and at $1200 will be wheeled out again to blather on about bubbles and the end of the […]

An unnamed investor wanting to acquire a majority interest in an iron ore project northwest of Greenland blasted the trading of Red Rock Resources plc (LSE:RRR) shares, sending the stock on top of the London Stock Exchange’s percentage gainers shortly after midday, London time. The slow and quiet buy and sell of stakes in the […]

The best thing speculators can do on the Rare Earth Minerals plc. (LSE:REM) shares is to stay out of that market. As poignant as it seems, whenever the price rebounds upwards, it plunges precipitously. So be wary and remain safe. The crab makes use of its eyes when doing its self-employed sentinel job. Technical Forecast […]

Noventa Limited (LSE:NVTA) stock currently offers a great money-making opportunity for traders and investors. Shorting or purchasing opportunities creep into the markets anyway. Looking at the chart, the current significant bullish outbreak might make the enamored bear to short further, therefore signing a warrant that would eventually make them lose their socks. The present market […]

Shares of iron ore producer, African Minerals Limited (LSE:AMI), closed an eighth lower than their value on the London Stock Exchange today, after the mining firm admitted its current financial capacity is limited even as it released over half a billion dollars of fund and is in discussions with lenders to extend credit. African Minerals, […]

AIM-listed, Latin America-focussed gold miner Minera IRL (LSE:MIRL) has today announced a resource update for its Don Nicolas project in the mining-friendly Santa Cruz province of Argentina. These are shares I previously recommended on t1ps.com ( the site I founded in 2000 and edited until September this year before leaving to establish the new Nifty […]

After nine months of intense negotiations and 11th hour calls, shareholders of Anglo-Swiss commodities and mining giants, Glencore plc (LSE:GLEN) and Xstrata plc (LSE:XTA), have finally approved the “merger of equals” to create a global natural resources powerhouse. However, Xstrata shareholders rejected the £88 million Revised Management Incentive Arrangements, which would have provided...

Shareholders of leading platinum producer, Lonmin plc (LSE:LMI) approved the proposed rights issue to raise funds needed to rehabilitate the company’s balance sheet following the multi million pound losses incurred during the tragic events at its South African mines. In a statement early afternoon today, world’s number three platinum miner said about 91.1% of the […]

Poised to end the year with a much lower production than what had previously been reduced, Talvivaara’s Board of Directors revamped its composition resulting in a change of leadership as its Chief Executive Officer was replaced, a day after the Finland-focussed nickel and zinc producer announced the metals recovery plant is still shut following a […]

South Africa is prone, like most African States, to erupt in a flurry of violence when the last straw breaks the camel’s back. The situation at Marikana, wherever the blame lies, has unfortunately been unscrupulously capitalised upon by those wishing to shift the balance of power in the run up to the Mangaung (Bloemfontein) ANC […]