Mining

BP shares (NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold has been going upwards since the beginning of this year, with first 7 trading days in February being quite significant as far as the bullish journey was concerned. Price topped at 1263.13 on February 11, 2016. On the daily chart, a Golden Cross had already taken place in early […]

…and Notice of Annual General Meeting Savannah Resources plc (AIM:SAV) announces the release of its audited financial results for the year ended 31 December 2015 along with the notice of its Annual General Meeting, which is to be held in London on 16 March 2016. Operations · Significant progress made in implementing our strategy of […]

Baoulé Diamond Export and Upcoming Sale Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced that it has exported a diamond parcel of 3,341 carats from trial mining of its Baoulé kimberlite project in the Aredor area of Guinea to Antwerp. These goods will be cleaned and […]

Appointment of Mineral Sands Industry Leaders to Assist in Development of Pituffik Titanium Project, Greenland FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced that, in line with its strategy to rapidly assess the near term production potential of the Pituffik Titanium Project in Greenland, it has appointed […]

Cash Placing of £1.75 million Savannah Resources (AIM:SAV) has raised £1,747,473 (before expenses) through the placing of 98,295,329 ordinary shares of 1.0p each at a placing price of 1.777778p per ordinary share to Al Marjan Limited, an existing investor. HIGHLIGHTS: · Raised gross proceeds of £1,747,473 · Funds will predominantly be used to fund the […]

Q4 2015 Operations Update Magnolia Petroleum, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi Lime and the Hunton in Oklahoma. Q4 […]

Issue of Equity MX Oil, the AIM quoted oil and gas investing company, has announced that it has raised £175,000 via a placing of 14 million ordinary shares at a price of 1.25 pence per share. The Placing is in response to demand received from new and existing shareholders to participate on the same terms […]

Horizonte Minerals , (AIM:HZM) (TSX:HZM) the nickel development company focused in Brazil, has announced the award of four new concession areas adjacent to its Araguaia nickel project which is being developed as the next major nickel project in Brazil. · Two new southern concessions, totalling 15,674 hectares, are located in a prospective position adjacent to […]

Joint Venture with Randgold Resources for the Advancement of Kossanto West Gold Project in Western Mali Alecto Minerals plc, the Africa-focused gold and base metal exploration and development company, has announce dthat Caracal Gold Mali SARL, its wholly owned subsidiary, has entered into a joint venture agreement with Randgold Resources (Mali) Limited for the exploration […]