Mining

Atlantic Coal (LSE:AIM), the AIM listed anthracite coal production and processing company with primary activities in Pennsylvania, USA, has announced its results for the six months ended 30 June 2013. Overview: · Increased profitability. A net profit of US$2,488,465 compared with a loss in H1 2012 of US$1,366,923 · Bolstered anthracite portfolio through the exercise […]

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: […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced “encouraging assay results” from the company’s recently completed expansion exploration programme at the Nimba Iron Ore Project in south-east Guinea (‘Nimba Project’). In a statement the company cited “results demonstrate high grade canga in the expansion area with best grade and vertical width of […]

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, has announced that it has received the final positive assay results from its nine hole 2,000m drilling programme targeting iron mineralisation at its wholly owned 153 sq km Ferensola Project. The full set of results confirm Ferensola’s prospectivity for […]

Uranium Resources (LES:URA), an AIM listed uranium exploration and development company, has provided an update on its Tanzanian uranium project development and acquisition strategy. Mineralogical studies have identified uraninite and coffinite as main uranium minerals and unequivocally validate the Company’s uranium roll-front exploration model at the company’s Mtonya site, which is also...

On Goldstone Resources market (LSE:GRL) the southward breakout that occurred within the last two months proved to be a false one. The price then moved back inside the Trendlines, later breaking the upper Trendline to the upside, and trading further upwards in a turbulent manner. What happen in other businesses are not what happen in […]

What is happening on Anglo Asian Mining stock (LSE:AAZ)? The market has long been showing deadly struggle between bulls and bears; plus the bulls are currently gaining upper hands. Wouldn’t it look better if the bears accept reality and stop struggling? A blind man who is keeping malice with the housekeeper would suffer by wandering […]

The condition on Red Rock Resources (LSE:RRR) is currently perfect for long trades. After a prolonged bear market which ended at the end of July 2013, the price has been trending upwards till now. Chart readings that are focused on smaller timeframes would subject one to too much confusing noise, and that is why it […]

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 […]