18 Sep 2012 @ 21:58
Crowds cheered at a football pitch in South Africa but not to support its favourite team. The audience were Lonmin (
LSE:LMI) miners, who finally gave in and compromised to a 22% increase in wages announced by their representatives in the negotiation with management that is hoped to bring the six-week strike, which claimed 45 lives, […]
18 Sep 2012 @ 08:55
Latin America-focussed precious metal explorer Condor Gold (
LSE:CNR) exceeded its target resource base from its La India Project in Nicaragua but the standard used was that of the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), the company said today. In a statement, Condor stated it now has over 2.4 million ounces of gold at […]
17 Sep 2012 @ 17:54
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 […]
14 Sep 2012 @ 11:22
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 […]
13 Sep 2012 @ 15:40
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 […]
13 Sep 2012 @ 12:31
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 […]
12 Sep 2012 @ 16:15
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 […]
12 Sep 2012 @ 14:00
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 […]
11 Sep 2012 @ 16:29
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 […]
11 Sep 2012 @ 12:45
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 […]