Mining

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 […]

Shares in AIM, Canada and Peru listed Minera IRL (LSE:MIRL) commenced 2013 at more than 50p but currently trade down at 43p – capitalising this Latin America focused gold miner at just below £75 million. This has not been one of my greatest tip from my t1ps.com days (I tipped it at 69p) so what to […]

Some 650 workers are at risk of losing their jobs after the UK Coal Mine Holdings announced earlier today they are closing down the Daw Mill colliery in Warwickshire, England following a fire deep into the coal mine that continues to burn “ferociously” to this day. In a statement, Chief Executive Kevin McCullough said the […]

Orosur Mining (LSE:OMI), the AIM and Canada listed, South America focused gold producer and explorer much beloved by my fat friend Evil Knievil, last month announced the completion of a development that “will enable the company to access higher grade transverse stope ore at Arenal Deeps for the first time in the last quarter of […]

London and Australia-listed, Philippines-focused gold producer Medusa Mining (LSE:MML) is a top multi-bagging recommendation from my past life at t1ps and I commented that I again thought the shares were cheap in an article last month. Following recent interim results, the following is my current take… Click here to read my article of last month The […]

AIM listed gold and diamond mining company African Consolidated (LSE:AFCR) has had a tortuous history.  It has perennially been a little short of the readies but its big problem has been that almost all of its operation and assets lie in the socialist paradise that is Zimbabwe. And that has resulted either in restrictions on […]

Pumps and valves provider to the oil and gas, mining, and energy sectors, Weir Group (LSE:WEIR), beat market expectations after ending 2012 with annual profits beyond market consensus, pushing shares up on the London Stock Exchange on Wednesday. The FTSE 100 engineering firm gained as much as 5.5% to £22.84 by 13:00 GMT, following the […]

AIM-listed Rare Earth Global Limited (LSE:REG) did not meet market expectations and will report a loss for the year ended 2012, the China-focused miner, refiner, and trader of rare earth elements forewarned today ahead of the preliminary results to be reported in May. REG sustained more losses in the second half of 2012 after the […]

Ratings agency Standard & Poor’s said late Monday Rio Tinto plc’s (LSE:RIO) debt may further rise in the current year and the next unless the diversified global miner sells off large assets or iron ore price stabilises at a certain price, pushing the London-listed firm’s shares down on Tuesday. S&P revised its outlook from stable […]