Mining

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 […]

“See the guy at the end of the bar?  Did ya notice that he has taken nary a sip?  See how his head is leaning over his glass?  Look closer.  He’s not drinking.  He’s just crying. You see, he bought shares in Bumi (LSE:BUMI) about a-year-and-a-half ago.  Put his life savings in, as I understand, […]

A day after Lonmin workers went back to resume working the mines at Rustenburg, miners at one of the mines of the world’s third largest gold producer failed to report last night and instead held a strike, confirming fears the labour unrest in South Africa is spreading across the mining industry. “An unprotected strike at […]