Mining

click here. Beacon Hill Resources (LSE:BHR)  the AIM and ASX (ASX:BHU) listed coal producer, has said that it has entered into an agreement to acquire, in stages, up to a 70% interest in the prospecting and exploration licence 3788L (‘Licence 3788L’) which has strong potential for Pig Iron mineralisation located in the Tete Province of […]

Touchstone shares (LSE:TGL) have been falling and things would remain downbeat. The price has been trending downwards for most past of this year, losing thousands of points along the way. The price would have a leg down, show some stabilization, and then show another leg down. Any reversal formations on the charts have been transitory […]

Anglo Asian Mining (LSE:AAZ), the AIM listed gold producer in Azerbaijan, have issued positive exploration update from additional drilling undertaken at its flagship Gedabek gold, copper, silver mine in western Azerbaijan. – Current c.3,000m drilling programme has discovered new high grade gold extension at Gedabek, north-west of the main Gedabek deposit (see map) · Elevated […]

FinnAust Mining (LSE:FAM), an exploration company with an extensive and highly prospective portfolio of Finnish copper and nickel assets, had announced the readmission of its enlarged issued share capital to trading on AIM following the reverse takeover of Centurion Resources plc. Contingent with the reverse takeover, the Company raised £3.4 million through the placing of […]

Sable Mining Africa (LSE:SBLM), the AIM listed exploration company, has revealed that its 80% owned subsidiary company West Africa Exploration S.A. (‘WAE’) has entered into a memorandum of understanding with the Government of Liberia (the ‘MOU’), the purpose of which is to enable the parties to conduct technical due diligence, 3rd party discussions and negotiations […]

Alecto Minerals plc (LSE:ALO), the AIM quoted mining exploration company focussed on West and East Africa, is have provided an update on the Company’s exploration activities at its 207 sq km Kossanto Gold Project in the prospective Kenieba Inlier in western Mali. Overview: · Contract signed with Amco Drilling (UK) Limited for 2,000m diamond core […]

Armadale (LSE:ACP), an AIM quoted investment company focused on natural resource projects in Africa, have released assay results from the Company’s recent investment in the highly prospective, low-cost, Mpokoto Gold Project in the Katanga Province in the south of the Democratic Republic of Congo. The results were returned from the final 20 holes of a […]

Mariana Resources (LSE:MARL) which broke northward in a significant mode at the beginning of November 2013, is currently being pulled back. This is a good opportunity for the bulls to go long at cheaper prices. Here, the ADX period 14 is sloping above the level 50 (signifying a very strong bias), while the DM+ is […]

Beacon Hill Resources (LSE:BHR) can be sold at 0.80 and later exited at 0.20 in what could potentially be a profitable short trade. The long-term bias is downwards and the bulls are too weak to effect any meaningful changes, until further notice. The price has been trending downwards for several months, breaking new lows, even […]

Mariana Resources (LSE:MARL), an AIM quoted exploration and development company focused in Peru and southern Argentina, have released positive initial results from scout drilling at Pucayacu target of the Condor de Oro copper-gold project, located along the prolific gold-copper Cordillera del Condor belt in Northern Peru. Highlights: – First two holes indicate multiple mineralisation...