Mining

I have always had a soft spot for AIM listed Turkish explorer Ariana Resources (LSE:AAU). Its management team do not take the piss on salaries and battle on showing grim determination to deliver and perhaps things are starting to go the way of Kerim Sener and his team. The newsflow of late has been positive. […]

AIM-listed Kryso Resources (LSE:KYS) is a tip of the year from myself at 32p. The shares currently trade slightly above this level at 32.75p despite continued unfavourable sector sentiment and an update last month that delays meant that its development project “is not now expected to be completed by March 2014 as previously scheduled”. So […]

The prime focus of AIM and TSX Listed EMED Mining (LSE:EMED) is on restarting the huge Rio Tinto copper mine in Spain but it was set up in Cyprus (it initially targeted a small copper deposit there) and so lo and behold it still has some Cypriot bank exposure. And yesterday the company announced that as […]

Africa is often falsely apprehended for one big homogeneous economy. Africa is the world’s second largest continent after Asia, and so would suggest large quantities of resources, no?  So what does 80,000 tonnes of, for example; iron ore actually mean for an economy within this beautiful continent? And if Africa truly does hold precious, base […]

To howls of abuse I suggested that Sirius Minerals (LSE:SXX) was a slam dunk sell at 27.75p on the day it submitted planning applications for its Potash project on the North York Moors. My reasons were multiple. Its ability to gain planning permission was a side issue although an RNS last week makes for interesting […]

Another week and another milestone has been reached for Norseman Gold (LSE:NGL). We are not yet at the point where we can say that the shares will return to AIM but we are getting closer. Let me explain. As you may well remember Norseman – one of my moist disastrous share tips in a 25 […]

Egypt based FTSE 250 listed gold miner Centamin (LSE:CEY) yesterday gave guidance for 2013 output – that it does so 2 weeks ahead of the publication of 2012 results is a bit odd. Is it a case of getting the bad news out ahead of the next bad news…the results. The company states that it expects […]

Shares in fully listed mining group Anglesey (LSE:AYM) have bounced sharply to 9.375p, valuing it at £15 million, on the back of news that TSX listed Labrador Iron Mines in which it holds a 15% stake has signed a link up with Indian giant Tata. LIM’s shares have bounced on the move to 75 cents […]

Kibo Mining (LSE:KIBO) is currently at a critical level. Would the price turn upwards and assume a protracted uptrend or would just plummet further? The answer is below.   The ADX period 14 is at the level 30 (with the DM- far above the DM+): this shows a strong bearish pressure. The MACD (default parameters) […]

Gold and copper producer Antofagasta plc (LSE:ANTO) saw its shares rose on the London Stock Exchange on Tuesday after the company announced it will be paying out dividend for 2012 in the amount more than twice it gave the year before, following record production and revenue. In the company’s preliminary results released earlier today, the […]