Mining

Tin hat on I offer up a couple of thoughts on our favourite oil and gas joke company valuation play US Oil & Gas (USOP) and a little company on AIM, Great Western Mining (LSE: GWMO). You see they are from the same stable and the connection does not end there. Both companies were set […]

GCM Resources (LSE:GCM) shares currently evince some probability of a northward journey. Right now, the bullish attempts might look desultory, but event on the chart would unfold as extrapolated below. Technical Forecast We can say that the historical traces of buyers and sellers could determine what might unfold in a foreseeable future. Given the visual […]

All Gold stocks are off today. A large sell order in the physical gold market has seen the gold price weaken by about 2.5%. Inevitably those who said that gold was a bubble to burst at $900 and at $1200 will be wheeled out again to blather on about bubbles and the end of the […]

An unnamed investor wanting to acquire a majority interest in an iron ore project northwest of Greenland blasted the trading of Red Rock Resources plc (LSE:RRR) shares, sending the stock on top of the London Stock Exchange’s percentage gainers shortly after midday, London time. The slow and quiet buy and sell of stakes in the […]

The best thing speculators can do on the Rare Earth Minerals plc. (LSE:REM) shares is to stay out of that market. As poignant as it seems, whenever the price rebounds upwards, it plunges precipitously. So be wary and remain safe. The crab makes use of its eyes when doing its self-employed sentinel job. Technical Forecast […]

Noventa Limited (LSE:NVTA) stock currently offers a great money-making opportunity for traders and investors. Shorting or purchasing opportunities creep into the markets anyway. Looking at the chart, the current significant bullish outbreak might make the enamored bear to short further, therefore signing a warrant that would eventually make them lose their socks. The present market […]

Shares of iron ore producer, African Minerals Limited (LSE:AMI), closed an eighth lower than their value on the London Stock Exchange today, after the mining firm admitted its current financial capacity is limited even as it released over half a billion dollars of fund and is in discussions with lenders to extend credit. African Minerals, […]

AIM-listed, Latin America-focussed gold miner Minera IRL (LSE:MIRL) has today announced a resource update for its Don Nicolas project in the mining-friendly Santa Cruz province of Argentina. These are shares I previously recommended on t1ps.com ( the site I founded in 2000 and edited until September this year before leaving to establish the new Nifty […]

After nine months of intense negotiations and 11th hour calls, shareholders of Anglo-Swiss commodities and mining giants, Glencore plc (LSE:GLEN) and Xstrata plc (LSE:XTA), have finally approved the “merger of equals” to create a global natural resources powerhouse. However, Xstrata shareholders rejected the £88 million Revised Management Incentive Arrangements, which would have provided...

Shareholders of leading platinum producer, Lonmin plc (LSE:LMI) approved the proposed rights issue to raise funds needed to rehabilitate the company’s balance sheet following the multi million pound losses incurred during the tragic events at its South African mines. In a statement early afternoon today, world’s number three platinum miner said about 91.1% of the […]