Lou Gutheil

The Petra Diamonds (LSE:PDL) share price tumbled by 2.5 pence today to 111.70, a 2.2% drop, proving once again that diamond mining is not for the faint of heart investor.  It is believed that the decline is a result of the company’s first quarter 2014 production and sales report.  Apparently, there is a new corollary […]

Platinum miner Lonmin (LSE:LMI) watched its share price gain 19.4 pence to 347.50 this morning, a leap of 5.91%, following the release of its impressive, 38-page final report for the year ending 30 September 2013. Financial Focal Points Although Lonmin’s total revenue declined to $1.52 billion from $1.61 billion in 2012, the company’s focus on […]

Mining giant GlencoreXstrata (LSE:GLEN) and its cousin, Antofagasta (LSE:ANTO) released their production reports for the third quarter today.  Drops in the share price of both companies help to drag the FTSE 100 down from it ethereal heights. Antofagasta shares dropped 3.68% to 864.50, a difference of 33.0 pence.  By comparison GlencoreXtrata shares slid 0.55% to […]

The share price of African Barrick Gold (LSE:ABG) continued to gain ground on the London Exchange today.  A 9.9% increase over yesterday’s close to 186.70 continues a recovery that began on 13 July, when the share price was at 105.10,  and an unabated upward trend that commenced on 14 October.  ABG shares were valued at […]

Lloyds Banking Group (LSE:LLOY) share price is currently trading 78.19 pence, down slightly from the 80 pence mark it had reached at Friday’s close.  The share price has been climbing steadily through this calendar year, in effect, doubling in value from one year ago.  If the share price continues to remain above 73.6 pence for […]

The storms may be raging this morning, but Aggreko (LSE:AGK) is powering up the FTSE 100 with a 5.3% increase in its share price, a growth of 83.00 pence per share to 1,600.00. Normally, this is where I would say, as others already have, that the increase comes following Aggreko’s release of its interim results […]

Once upon a time there were mining giants.  They mined huge amounts of different ores all over the world.  In order to get their mining done, the giants needed the help of elves.  WRONG STORY!  They needed that help of other giants.  One of them was a giant Caterpillar.  The Caterpillar became very rich and […]

If you follow this column on even a semi-regular basis, you know that I stand on the axiom that “cause and effect are not necessarily closely related in time and space.”  Were it not for the single word “necessarily,” Shire Plc (LSE:SHP) would have resoundingly proven me wrong today.  Shire released it Q3 financials at […]

In the early days following the birth of his company, a CEO friend of mine who demanded a minimum 15% sales increase  year-on-year during each period, paradoxically warned his staff to maintain a low profile because “The higher you raise your flag, the more people there are who will shoot at it.”  Nick Robertson, CEO of […]

I love it when there are compelling reasons to invest in a company.  Yesterday I wrote about Fastjet (LSE:FJET).  The compelling reason to invest in Fastjet is its strategic objective to become the low-cost airline of choice in Africa.  Having now established its first international flight, it is poised to succeed.  Likewise, there are compelling […]