Mining

The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20%  at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

Africa Potash stock (LSE:AFPO) is a bear market; and the bulls regret buying the stock. For the past 6 months, the price has been trending downwards slowly and gradually. This is a bias that is expected to continue for the next several weeks and months. There are currently conflicting signals in the chart. Although the […]

Commences First Phase of Exploration at Walchen VMS Deposit, Austria Noricum Gold Limited, the Austrian focused precious and base metal exploration and development company, has announced that the first stage of exploration work at the Walchen VMS deposit in Austria, acquired in late March 2015, is now underway. Highlights: · Noricum management and field staff […]

First 5,000 Carats Achieved from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced an operational update from trial mining at its 75% owned, five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Trial mining has yielded a total of 5,087 […]

Gulf Resources, Inc. (Nasdaq:GURE) a leading manufacturer of bromine, crude salt and specialty chemical products in China, has announced that it has filed its Pro Forma 8-K for the acquisition of Shouguang City Rongyuan Chemical Co., Ltd. (SCRC). Gulf Resources signed the Equity Interest Transfer Agreement with SCRC on Jan. 12, 2015. The transaction was […]

Placing to raise £1.2 million African Potash Limited, the AIM listed African exploration company, is pleased to announce that it has secured funding of approximately £1.2m by way of a placing of new ordinary shares through Cornhill Capital Limited. The Placing proceeds will enable the Company: a) to redeem the outstanding convertible securities held by […]

NEW HIGH GRADE DRILL RESULTS FROM INFILL MINERAL RESOURCE DRILLING PROGRAMME AT THE ARAGUAIA NICKEL PROJECT, BRAZIL Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the completion of its infill resource drilling programme at its 100% owned Araguaia nickel project in Para State, north central Brazil where initial results have […]

Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining , the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 31 March 2015. Production overview: · Gold production for Q1 […]

GOLD (XAUUSD) Dominant Bias: Bullish The dominant bias on Gold has turned bullish as bulls are making effort to push price north. This fact has proven to be true in the last few weeks. There is a Bullish Confirmation Pattern in the market and it is likely that bears effort will often be frustrated, enabling […]