Mining

There has been perpetual massive sell-off on Petropavlovsk shares (LSE:POG) and this is a scenario that is expected to continue. It is unwise to look for bullish signals in this market right now (the bull’s supremacy is non-existent). One only grimaces at someone one sees (otherwise one is suffering from a mental condition). What would […]

Xstrata plc Chief Executive Officer Mick Davis has agreed with Glencore International plc to not take up the six month role of Chief Executive Officer and Executive Director of Glencore Xstrata plc (“Glencore Xstrata” or “the Combined Group”) following completion of the merger. Consequently Mr Davis will step down from Xstrata plc upon completion of […]

It’s been a 14-month distance that Glencore (LSE:GLEN) and Xstrata (LSE:XTA) have run, but the finish line is now within view as China’s Ministry of Commerce (MOFCOM) has approved the merger of the companies.  Thus the last and final obstacle to the merger’s completion has been removed.  The share price of Glencore was up 3.22% […]

Last week, on 09 April 2013, we published an article under the headline “Mining Stocks Make Major Gains.”  In that article we cautioned that “It’s going to take a steady stream of good news from the mining companies and commodity pricing in general for the F3MNG index to pass the 20,000 mark, which it has […]

UK mining share prices rallied today with a a long list of gainers on the F3MNG Index.  The entire sector was up by just under 3.0% at mid-afternoon, it’s biggest gain in a month. Kenmare Resources (LSE:KMR) was up 5.46% to 29.85.  Hochschild Mining (LSE:HOC) was up 4.82% to 280.50.  Petropavlosk (LSE:POG) gained 4.91% to […]

The past eight months have probably been the toughest in platinum mining giant Lonmin’s (LSE:LMI) history.  Losing CEO Ian Farmer to illness and suffering through the death of 34 men during labor riots at its Marikana mine virtually at the same time has been difficult to say the least. In an ADVFN article “Lonmin Closes […]

Here is the technical analysis forecast on Emed stock (LSE:EMED), based on the extant circumstances in the market.   Right now, the price has closed below the EMA 21 and is trading below it, while the Williams % Range period 20 has gone into the oversold situation. This means that the selling pressure is currently […]

Shares in AIM listed Tanzania gold miner Shanta Gold (LSE:SHG) have not covered me in glory. It has not been a disastrous share tip but it would be a lie to say that the stock has flown. I did have hopes of lift off as the shares reached 24p in January but today they sit […]

AIM listed wannabee gold miner Chaarat Gold (LSE:CGH) has issued an update on its operations in the Kyrgyz Republic which is – on balance – very encouraging but hidden at the bottom of the text are a couple of minor blemishes. On balance it supports the very strong buy case but it is worth reading […]

Shares in AIM and Canada listed Aureus Mining (LSE:AUE) trade higher today at 40p post the company’s 2012 results release and an update on financing for the company’s New Liberty gold project in Liberia. However, the shares are still well below the 57.25p at which I called them a post t1ps sell in November. I […]