Commodities

Oxus Gold stock (LSE:OXS) is now rated a buy because of the current bullish price action. The breakout that has been performed this month can still be sustained in spite of the correction that is currently happening. We cannot enter a market simply because of a strong volume. There are other factors to be considered. […]

Gulf Keystone shares (LSE:GKP) are making noteworthy attempts to go up. The price dived further in August 2015, but it later rose before the end of that month. In September there was easement in the bullish effort; but right now, the price is making some bullish effort against all odds. What is the result of […]

Leading up to its October meeting from the 9th to the 11th of this month in Lima, Peru, the International Monetary Fund released its World Economic Outlook today. The release was skillfully crafted, including its title, “Uncertainty, Complex Forces Weigh on Global Growth.” Maurice Obstfeld, IMR Economic Counsellor and Director of Research, described the global […]

October, the bear killer month, has got off to a flying start with all the bourses and most commodities rising strongly on Monday. Europe led the way with the DAX, CAC and FTSE all up around 3%. The Volatility index (VIX) went under 20 for the first time in weeks losing nearly 8 percent, while […]

Mexico Update MX Oil plc, the AIM quoted oil and gas investment company, has discussed the progress it is making in Mexico together with its partner Geo Estratos with regards to the on-going Bid Round 1 Licensing round and its efforts to secure onshore conventional concessions in the re-opening Mexican energy sector. The Company has […]

Result of Open Offer North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced the results of the Open Offer for up to US$2.8 million which will be used to progress the Company’s flagship Namib Project to a construction decision. Result of Open Offer – The Open […]

Signing of Fertiliser Sale Agreement African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced that it has signed a legally binding fertiliser sale agreement with a Zambian based purchaser introduced by COMESA/ACTESA. This follows the signing of a framework fertiliser supply […]

Disposal of the Company’s Ethiopian assets Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on Africa, has announced the disposal of its wholly owned subsidiaries Nubian Gold Exploration Limited and Rift Valley Resources Limited, which hold all of the Company’s interests in the Federal Democratic Republic of Ethiopia, namely the Wayu Boda and […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards for several weeks, with intermittent rallies along the way. The intermittent rallies were sometimes strong enough to threaten the existing bearish bias in the short term. On October 2, 2015, price spiked upwards seriously, threatening the existing bearish bias again; but the bias would not […]

Half-yearly Results MX Oil, the AIM quoted oil and gas investing company focused on the re-opening Mexican energy sector, has announced its unaudited half-yearly results for the six month period ended 30 June 2015. Highlights for H1 2015 · Significant progress made regarding the onshore conventional field bidding round in Mexico · Access granted to […]