Mining

World’s number two platinum producer, Impala Platinum Holdings Limited (LSE:IPLA), has approved a wage increase – the second within six months – in response to the demand from workers more than two weeks ago, in a move to avert the potential threat of a second strike that weighed heavy on the company’s financials for the […]

I tipped AIM listed gold mine developer Chaarat Gold (LSE:CGH) at 45p in May 2010. Standing at 24.375p after the publication today on half calendar year results I do not look too clever. Yet. But I had a long chat with the company today, notably with its Finance director Linda Naylor and these shares are […]

I tipped AIM listed gold stock Pan African Resources (LSE:PAF) at 2.6785p back in November 2005. Long term investing pays off. Ignoring dividends, those who bought then are 570% ahead with the shares at 18p. That values Pan African at £260 million but having just had a long chat with CEO Jan Nelson I am convinced […]

While the world’s top three platinum producers are trying to stabilise their operations following the violent and unsettling labour unrest that rocked South Africa’s mining industry in the past weeks, the exploration side of the sector does not seem to be affected. The statement is particularly true of another South African platinum explorer ,Jubilee Platinum […]

Heavy trading of shares of Atlantic Coal plc (LSE:ATC) cut the price down a tenth of its value yesterday, as the US-focussed coal producer revealed the cost of operating the business for the first six months of its current fiscal year diluted whatever revenues it earned for the January-June period. By 9:30 AM GMT, over […]

It is expected that the Create Resources Holdings stock (LSE:CRHL) will rise as explained below. Bears do not have any chance here any more! It is high time sellers smoothed their positions and changed their bias (or else they will be caught in a wrong direction). What is bad news for sellers is good news […]

Despite repeated appeals coupled with threats of possible legal actions against them, majority of the workers of the world’s biggest producer of platinum, Anglo American plc (LSE:AAL), still have not returned to work a week after the global commodities miner resumed operations at its Rustenburg mines in South Africa. In a statement issued today, Anglo […]

Continental Precious Minerals (TSX:CZQ) is listed on the TSX  market and at 22 cents it is valued at C$12.48 million – yet sits on net cash of C$13.8 million. It also happens to own a potentially enormous Uranium prospect in Sweden. In two years time, Continental will either have farmed out its prospect to a […]

A broken diamond during drilling is often regarded as not a good news, all the worse if there were two. But in the case of Stellar Diamonds plc (LSE:STEL), the company may be saying this is the kind of news they want to read about. Here’s why. Drilling for its bulk sampling programme at the […]

Like all gold juniors Ortac Resources (LSE:OTC) has had a fairly miserable year in share price terms. But that does not reflect what has happened on the ground. I tipped this stock at 0.775p in September 2010 and at 0.605p today the company is valued at just £14 million. For reasons I shall explain below […]