Commodities

Completion of Analysis of Historic Drilling Results at Kerboulé Gold Project, Burkina Faso Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has provided an update on the 399.5 sq. km. Kerboulé Gold Project, located in the highly prospective Birrimian-age Djibo gold belt in northern Burkina Faso, […]

GOLD (XAUUSD) Long-term Bias: Bearish Gold trended lower last year – just as it did in the year 2013. From January 2014 to early March of the same year, price moved upwards significantly, topping at 1391.97. Since then, further rally was rejected and price began to come down, although the bulls made desperate effort to […]

Ground Electromagnetic Survey Completed on Blocks 4 and 5 Copper Targets, Oman Savannah Resources (AIM:SAV) has said that it has competed a ground electromagnetic survey, at Blocks 4 and 5 Copper Projects, located in the mineral rich Oman Ophiolite belt. This work is the precursor to drilling over a series of high priority copper targets […]

Just minutes after the New York Stock Exchange opened this morning (Tuesday, 23 December), Santa delivered an early Christmas present. The Dow Jones Industrial Average (DJIA) went flying past the 18,000 mark for the first time ever. Only a decade ago, and certainly following the 2008-2009 financial crisis, no one would have believed that 18,000 […]

Operational update Alecto Minerals (AIM:ALO), an AIM quoted mineral exploration company focussed on West and East Africa, has provided an update on its operational, exploration and corporate activities. Alecto, a gold and base metals exploration company with a focus on Africa, currently operates in four countries across the continent with projects at varying levels of […]

Drilling has commenced on the Hot Maden Gold-Copper Project in Turkey Mariana Resources, the AIM listed exploration and development company with projects in South America, announces that drilling has commenced on the Hot Maden gold-copper project in Turkey. This project is subject to a signed arrangement agreement pursuant to which, and in accordance with the […]

++BREAKING NEWS++ Appointment of Chief Operating Officer Cluff Natural Resources Plc, the natural resources investing company, has announced the appointment of Andrew Nunn as the Company’s Chief Operating Officer. In a statement Cluff said “Andrew joined the Company in May 2014 as Senior Project Manager and has been promoted to the Board with immediate effect. […]

Termination of Yorkville equity swap and issue of equity Alecto Minerals plc (AIM:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, announces that the equity swap agreement, announced on 7 November 2013 between the Company and YA Global Master SPV Ltd has been terminated by mutual consent. Following termination of the […]

Raises US$5 million in Conjunction with Nairobi Stock Exchange Listing Atlas Development (AIM:ADSS), the African focussed support services and logistics company, has announced that in connection with its previously announced cross listing on the Growth Enterprise Market Segment of the Nairobi Securities Exchange it has successfully raised US$5 million (KES 450 million) through a private...

GOLD (XAUUSD) Dominant Bias: Bearish The long-term bias on Gold is bearish, but the medium-term bias is bullish. Even the medium-term bullish bias has been put in a precarious condition, because price has been trending downwards this week. Any movement below the support level at 1187.00 would make it illogical to seek long trades, while […]