Mining

I first tipped AIM listed gold explorer and producer Shanta Gold (LSE:SHG) at 21.5p in July 2011. In my most recent performance stats (August 31st) it is in there at 20.5p but the shares are today trading at 29.25p and are still, very cheap. The Tanzanian based company is valued at £93 million, has cash […]

Lonmin (LSE:LMI), the world’s third largest miner of platinum announced yesterday that is had “presented an offer to the employee delegate” of the miners who have been on strike for just over a month now.  The workers have been waiting for feedback before continuing negotiations. The strike action last month had employees so enraged that […]

Zimbabwe-focussed African Consolidated Resources plc (LSE:AFCR) is to commence a bankable feasibility study (BFS) this month with the aim of achieving a 100,000 ounces a year production capacity from one of its gold projects in the country. The natural resources explorer announced its plan following a sixfolds increase of its revised JORC-compliant resource estimate at […]

Shares of dually-listed Thor Mining plc (LSE:THR) (ASX:THR) rose unusually high on the Australian Stock Exchange earlier today and prompted the regulators to initiate an inquiry and suspended trading of the miner’s securities. Regulators on the Australian Stock Exchange suspended trading of dually listed Thor Mining plc earlier today, following greater than usual share price […]

Labour unrest has reached the perimeters of the world’s largest producer of platinum as Anglo American plc’s (LSE:AAL) subsidiary suspended operations at its Rustenburg mines to “protect the safety and security of its employees from outside intimidation”. In a statement released shortly after 2:00 PM GMT, Anglo American said its 80% owned Anglo American Platinum […]

There is now a perfect opportunity to make money on Aquarius Platinum Limited. The company shares (LSE:AQP) are now ready to take off and skyrocket, following a long period of battering by sellers. This is valid because the more extended the selling pressure is and the more the price finds more robust demand zones, the […]

It is expected that Bellzone Mining Shares (LSE: BZM) will continue to fall lower and lower as explained in this article. Never think a price will not fall any further as a result of being appearing very cheap. Bullish corrections would merely enable sellers to enter the markets at higher prices in the context of […]

The world’s second largest supplier of platinum, Impala Platinum Holdings Limited (LSE:IPLA), is now facing a new demand of wage increase from its workers, the company confirmed today. In a statement, the producer of 25% of the world’s platinum group of elements supply said it has received another wage increase demand from the Interim Workers […]

The stalemate in the £48 billion merger terms offered by Glencore (LSE:GLEN) to Xstrata  (LSE:XTA) will remain to be as it is even as Glencore has officially announced its revised terms yesterday. Qatar Holding LLC, owner of about 12% of Xstrata and its second biggest shareholder, hinted today it needs more time to study Glencore’s […]

Last night was probably one of the busiest phone call moments for those people involved in the mega-merger to form another global mining powerhouse as both Glencore (LSE:GLEN) and Xstrata (LSE:XTA) called to adjourn their meetings today following a revision of the merger terms to appease Xstrata’s dissatistfied investor, Qatar Holdings. The lakeside view from […]