Commodities

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This was the week that US politicians finally saw the error of their ways and pulled their country back from the brink of debt default, albeit by delaying the inevitable for just a few months meaning we’re likely to […]

I was browsing through the financial headlines this morning, when two in particular caught my eye, reminding me of the lengths to which are all inclined to go to find a reasonable explanation for things that have happened although we rarely understand the cause of the effect.  This happens because we tend to believe that […]

Nyota Minerals Limited (LSE:NYO), a gold exploration and development company in East Africa, has announced that it has concluded the strategic review, which commenced in May 2013, with the signing of two agreements with a new development partner (“Partner”) for the Tulu Kapi Gold Project in Ethiopia (“Tulu Kapi”). The two agreements are (i) a […]

Noricum Gold Limited (LSE:NMG), an Austrian focused gold exploration and development company, has today provided investors with an update on its 2013 work programme at the Company’s 100% owned Rotgülden Gold and Precious Metals Project, which is currently focused on the previously producing mine, one of four targets identified. Highlights: · High grades of up […]

Centurion Resources (LSE:CEN), an AIM listed multi-commodity exploration and development company with projects in Austria, announces its interim results for the six months ended 31 August 2013. Overview: • Prospective 33 sq km Mitterberg Copper Project, Austria, has strong potential to host high copper grades • Exploration target of 11.0Mt-11.7Mt, with a grade range of […]

Gedabek Gold, Copper and Silver Mine JORC Measured and Indicated Mineral Resources Increase to 1.12 Moz of gold Anglo Asian Mining (LSE:AZZ), a gold producer in Azerbaijan, has announcds an increase in its JORC compliant gold resource at its flagship Gedabek gold/copper/silver mine (‘Gedabek’) located in the Republic of Azerbaijan to 44,644,658 tonnes at 0.783 […]

Sula Iron & Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone,has raised £800,000 by way of a placing of 40,000,000 new ordinary shares in the capital of the company (‘the Placing Shares’) at a price of 2 pence per Placing Share (‘the Placing’) with a range of institutional and other investors (‘the Placees’). […]

Anglo Asian Mining (LSE:AAZ), a gold producer in Azerbaijan, has announced that it has entered into a loan facility agreement (‘Facility Agreement’) with Amsterdam Trade Bank N.V. (‘ATB’). Under the terms of the Facility Agreement, ATB has agreed to provide a committed term loan facility of up to US$37 million (the ‘ATB Facility’) to Azerbaijan […]

Wishbone Gold (LSE:WSBN), an exploration and acquisition company focused on precious metals, is holding its Annual General Meeting (‘AGM’) later today. At the meeting, Executive Chairman Richard Poulden will make the following statement: “Since listing on AIM in July 2012, the Company has made a great deal of progress towards achieving our stated strategy of […]

How resourceful of them. Black Mountain Resources (LSE:BMZ) have announced further exploration success at their New Departure project with silver grades exceeding 5,000g/t. The company had previously made number of announcements this year of positive grab sample results at its New Departure mine in Montana. Today, the company announced the results of grab samples from […]