Premier African Mineral amass "multi-commodity suite" of African assets

Oct 03 2013 @ 05:01
Follows positive August results. Explorer-developer Premier African Minerals (LSE:PREM) has announced that it has amassed a multi-commodity suite of assets in Africa. In late August 2013, PREM released positive results from a Preliminary Economic Assessment (PEA) and concept mining study on the flagship RHA tungsten (WO3) project in Zimbabwe. The PEA envisaged a six-year operation […]

Grocers Drag FTSE to Three-Month Low

Oct 02 2013 @ 09:18
UK grocers Sainsbury (LSE:SBRY) and Tesco (LSE:TSCO) published their interim results this morning.  The overall news for Sainsbury was not so bad; for Tesco, not so much.  Nonetheless, the share price of both grocery chains placed a burden on the FTSE from which has spent the day trying to recover. Follow a good report, Sainsbury […]

Weekly currency roundup – US budget concerns dominate sentiment

Sep 30 2013 @ 10:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]

Noricum Gold announce Rotgülden Gold and Precious Metals Project results

Sep 30 2013 @ 06:36
Golden results? Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced further significant high grade gold and silver mineralisation from its 2013 underground drill programme at the Company’s 100% owned Rotgulden Gold and Precious Metals Project (‘Rotgulden’). Highlights: · Significant gold (‘Au’), silver (‘Ag’) and copper (‘Cu’) mineralisation...

Mind Your Miners

Sep 25 2013 @ 09:30
Sometimes investing makes you smile.  Other times it can make you want to jump off the nearest tall building.  Although certainly not the only sector that can take you through those highs and lows, mining provides a pretty good example that investing is not for the faint of heart.  Take these recent headlines, for example: […]

The Ins & Outs of the Dow

Sep 11 2013 @ 09:12
Every evening Americans turn on their TV’s to catch up on the news of the day.  Among the top five headlines of the day, there is inevitably something like this:  “The Dow Jones Industrial Average was up 32 points today on news that . . .”  For the average American, that’s the most attention that […]

Orosur Mining Is on the Yellow Brick Road

Sep 10 2013 @ 08:54
It has not been a good year for the Orosur (LSE:OMI) share price, having fallen from 50.28 pence per share on 12 September 2012 to 7.00 by 13 July this year.  The share price has drifted in the doldrums for the past two months, managing to regain ground to the 10.00 range at 13 August […]

BlueRock Ready to Rock Diamond Industry

Sep 04 2013 @ 09:43
BlueRock Diamonds plc (LSE:BRD) has set off to rock the diamond industry this morning as its shares were floated on the AIM market.  Shares are priced at 10.25 pence, which is a 46% premium to the placing price of 7.00 pence.  The shares are being sold on a Periodic Auction Call basis.  As of 3:00 […]

Weekly currency roundup – Syria dominated the markets

Aug 30 2013 @ 05:24
Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]

Weekly currency roundup – Federal Reserve minutes batter riskier assets

Aug 23 2013 @ 06:45
Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]
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