Commodities

Armadale, an AIM quoted investment company focused on natural resource projects in Africa, has welcomed the announcement by Mine Restoration Investments Limited, in which Armadale holds an interest of approximately 40%, to commence full coal briquetting commercial production. MRI is listed on the Alt-X Exchange of the Johannesburg Stock Exchange and aims to develop profitable […]

North River has submitted its Environmental Impact Assessment and Environmental Management Plan to the Namibian Ministry of Environment and Tourism, for its Namib Lead & Zinc Project. Colin Christian and Associates, an experienced Namibian environmental consultancy, completed the EIA on behalf of North River. The report is the culmination of almost two years of an […]

Atlantic Coal, an AIM listed anthracite coal mining company operating in Pennsylvania, USA, has announced a production and sales update for both the quarter and full year ended 31 December 2013 from its Stockton Anthracite Mine , located near Hazleton, Pennsylvania. Q4 2013 Key production and sales fundamentals: ● 45% increase in clean coal production […]

If there was an albatross around the neck of the FTSE during 2013, it had to have been the entire mining sector. If the sector had performed better as a hole – er, I mean as a whole – who knows what heights the FTSE could have hit during the year. But, as was the […]

DekelOil Public Limited (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has announced that it has received 400,000,000 FCFA (approximately 610,000 Euros) out of a total advance payment of 600,000,000 FCFA (approximately 915,000 Euros), as part of an off-take agreement signed with Societe Africaine de Raffinerie, a […]

“When historians write this story 10 or 20 years from now, they are going to look at a very different U.S. Everything has changed.” That was the forecast of Philip Verleger, energy sector guru and former director of energy policy at the U.S. Treasury Department, in an article published this week. Energy Investors, Beware! Your […]

Empyrean Energy (AIM:EME), ae US onshore oil, gas and condensate exploration, development and production company, has arranged a US$5 million drawdown under Tranche B of its facility with Macquarie Bank to fund operations during 2014. The work will include the increased pace of drilling expected on the Sugarloaf AMI, an Eagle Ford Shale oil, condensate […]

Anglo Asian Mining (AIM:AAZ), an AIM listed gold producer in Azerbaijan, has issued positive exploration updates from new drilling undertaken just north of its flagship Gedabek gold, copper, silver mine in western Azerbaijan. Overview: – On-going ~3,000m drilling programme has shown continuation of a high grade gold zone just 400m north of the Gedabek operating […]

Sula Iron & Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, has completed a detailed ground magnetometer and geochemical soil survey over several of its gold targets at its wholly owned 153 km2 Ferensola Project. The project, which is prospective for both iron and gold is located within the northern sector of the […]

Goldplat (AIM:GDP), the AIM listed gold producer in Africa, has announced that its current Executive Director Mr. Hansie van Vreden has been appointed Chief Operating Officer of Goldplat with immediate effect. This appointment will see Hansie responsible for Goldplat’s gold recovery operations and expansion opportunities in Africa. As previously announced, Dr Robert Pitts Smith stepped […]