Commodities

Alecto Minerals (LSE:ALO), a mining exploration company focusing on West and East Africa, is has provided a market update on the Company’s exploration activities at its Kossanto Gold Project, West Mali. Highlights: • Trenching and soil sampling at Gourbassi East demonstrated the following positive results: o Trenching over the Gourbassi East Main Zone reveals high […]

Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, has announced that it has raised £2 million (before expenses) by way of an oversubscribed placing of 200,000,000 new ordinary shares of no par value in the capital of the compmay, with new and existing shareholders in the Company at a price of 1 […]

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 […]

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 […]

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 […]

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...

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: […]

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 […]

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 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 […]