Mining

I tipped AIM listed gold producer Goldplat (LSE:GDP) at 11.5p in October 2011 and after the publication today of results for the year to 30th June I am now 56% ahead with the shares at 16.75p. Not bad. But there is far more to come. I have just come off the phone with the company’s […]

Directors of both Glencore (LSE:GLEN) and Xstrata (LSE:XTA) have finally reached the final terms for the much anticipated mega-merger of the year, leaving the last say to Xstrata’s shareholders whether to approve or reject the making of another global commodity and mining powerhouse, official statements released today from both companies read. The marriage of the […]

I have noted before that the valuation of AIM listed investment company Zoltav Resources (LSE:ZOL) is a total joke. Results today suggest that other folks are starting to twig. I am aware that Roman Abramovich’s son is the largest  shareholder so that might float your boat but this good ship is going down. The shares […]

World’s number two platinum producer, Impala Platinum Holdings Limited (LSE:IPLA), has approved a wage increase – the second within six months – in response to the demand from workers more than two weeks ago, in a move to avert the potential threat of a second strike that weighed heavy on the company’s financials for the […]

I tipped AIM listed gold mine developer Chaarat Gold (LSE:CGH) at 45p in May 2010. Standing at 24.375p after the publication today on half calendar year results I do not look too clever. Yet. But I had a long chat with the company today, notably with its Finance director Linda Naylor and these shares are […]

I tipped AIM listed gold stock Pan African Resources (LSE:PAF) at 2.6785p back in November 2005. Long term investing pays off. Ignoring dividends, those who bought then are 570% ahead with the shares at 18p. That values Pan African at £260 million but having just had a long chat with CEO Jan Nelson I am convinced […]

While the world’s top three platinum producers are trying to stabilise their operations following the violent and unsettling labour unrest that rocked South Africa’s mining industry in the past weeks, the exploration side of the sector does not seem to be affected. The statement is particularly true of another South African platinum explorer ,Jubilee Platinum […]

Heavy trading of shares of Atlantic Coal plc (LSE:ATC) cut the price down a tenth of its value yesterday, as the US-focussed coal producer revealed the cost of operating the business for the first six months of its current fiscal year diluted whatever revenues it earned for the January-June period. By 9:30 AM GMT, over […]

It is expected that the Create Resources Holdings stock (LSE:CRHL) will rise as explained below. Bears do not have any chance here any more! It is high time sellers smoothed their positions and changed their bias (or else they will be caught in a wrong direction). What is bad news for sellers is good news […]

Despite repeated appeals coupled with threats of possible legal actions against them, majority of the workers of the world’s biggest producer of platinum, Anglo American plc (LSE:AAL), still have not returned to work a week after the global commodities miner resumed operations at its Rustenburg mines in South Africa. In a statement issued today, Anglo […]