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Mining

Buyers Should Start Whetting Their Appetite for Red Rock Resources

05 Sep 2012 @ 18:47
The stock price of Red Rock Resources (LSE:RRR) will soon give traders and investors a great opportunity to buy at a very low risk and high reward price. They should start whetting their appetite, because the market would soon resume a long-term journey to the north. The reason behind this would be explained in the […]
 

Zanaga: To Become A Significant Iron Ore Producer

04 Sep 2012 @ 19:00
Zanaga Iron Ore Company Ltd. (LSE:ZIOC) is poised to become a “very significant iron ore producer” having one of the largest iron ore resources in Africa. That is according to the miner’s Non-Executive Chairman, Clifford Elphick, following the release of a revised resource estimate of its deposit from the Zanaga Iron Ore Project in Congo […]
 

Talvivaara Assures Shareholders Amidst Liquidity Woes

03 Sep 2012 @ 23:25
Talvivaara Mining Company (LSE:TALV) assured its shareholders the company has enough cash to support its operation for the rest of the year and its employees are not endangered of losing their jobs. The base metals miner made the statement today, in response to “recent  publicly reported claims regarding the development of the Company’s cash position  […]
 

Beowulf Eyes Long-Term Demand for Iron Ore

31 Aug 2012 @ 20:00
High hopes are being placed on mineral resources explorer Beowulf Mining plc (LSE:BEM) with the release of assay results from its iron ore project in Sweden. Shares soared 10.5% in early morning trading today and settled at 10.25 pence by 12:00 PM GMT, after the Sweden-focussed “guardian of treasure” said significant high-grade iron mineralisation reaching […]
 

Pan African Sells Gold Project for AU$6 Million

29 Aug 2012 @ 20:55
UPDATED: Pan African Resources plc (LSE:PAF) is to sell its Manica Gold Project  in Mozambique for Au$6 million in its plan to focus on its assets in South Africa but will still hold an indirect interest in the project, the company announced Wednesday, 9th August 2012. In a statement, the company revealed it has entered […]
 

Condor Gold Concludes Drilling Programme

29 Aug 2012 @ 20:45
UPDATED: Condor Gold plc (LSE:CNR) has concluded its drilling programme at its 100% owned La India Project in Nicaragua and said it is ready to present an updated resources estimate by September 2012. Eleven holes were drilled during the final phase of the programme for a combined depth of 1,890 metres and encountered mineralisations of […]
 

African Minerals Shares Fall on Reduced Guidance

24 Aug 2012 @ 22:00
Sierra Leone-focussed miner African Minerals Limited (LSE:AMI) revised its guidance for the year to produce only about five to six million tonnes of iron ore, sending shares down 15.42% to £2.535 in early morning trading today. In a statement, African Minerals said the severe wet season has resulted in material handling issues and delay in […]
 

Gold - $1672 and climbing – this is just the start

24 Aug 2012 @ 05:17
The Gold price has raced ahead by $32.30 to $1672.80 an ounce today thanks to the release of the last minutes of the meeting of the Federal Reserve Open Markets Committee (FOMC) that showed QE3 is just inevitable. Like we did not know that already. But this is just the start. Phrases involving genies and […]
 

Petropavlovsk's Profit Plunges 90%

23 Aug 2012 @ 23:26
How was it possible for one miner to produce more gold at a higher price and yet report a 90% dilution of profit? That must have been the question in every Petropavlovsk plc’s (LSE:POG) shareholder’s mind right now after reading the half year results released today. All 286,074 ounces of gold sold at a price […]
 

Petropavlovsk: This Is Really a Difficult Market

23 Aug 2012 @ 21:25
The shares price of Petropavlovsk (LSE:POG) have gapped down with significant selling pressure. This is a bear market, but the market condition has been very difficult recently. The crucial thing is to pinpoint high probability entries or stay out of this market – as the analysis below would reveal. Every trader may derive gains from […]
 
 
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