Commodities

I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

Drilling Highlights Potential for Increase in Kimberlite Tonnage at Lemphane Pipe, Lesotho Paragon Diamonds Limited, the AIM quoted diamond development company, is pleased to announce a recently completed drilling programme at its flagship Lemphane Kimberlite Project in Lesotho has demonstrated the potential for a further increase in the Project’s present tonnage estimate of 48Mt of...

Gold futures traded in a tight range on Thursday in what was a relatively quiet session across most financial assets. Traders had one eye on Friday’s non-farm payroll numbers and stock markets retreated across the board. The S&P 500 pared early losses to finish lower by -0.12% on the day. ECB Chief Mario Draghi said […]

I really did expect to write about something other than oil today, but you know what they say about the best laid plans of mice and men. The mere mention of ExxonMobil (NYSE:XOM) in my article yesterday led me to think a bit more about the issue, especially as XOM makes for a good example […]

Positive Study for Acceleration of Cash Flows from Surface Mining at Tongo Project in Sierra Leone Stellar Diamonds plc, the London quoted (AIM:STEL) diamond development company focused on West Africa, announces the results of an independent study on its 100% owned 1.45 million carat Tongo Dyke-1 project in eastern Sierra Leone. The study and associated […]

First Diamond Export from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds, the London listed (AIM:STEL) diamond development company focused on West Africa, announces its first export of diamonds and an operational update from trial mining at its 75% owned five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Diamond parcel of 941 carats exported […]

Expands Operations into Mozambique Atlas Development & Support Services Limited (AIM:ADSS), the African focussed support services and logistics company, has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique. The agreement, with an international oil company, underlines Atlas Development’s...

There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth  consecutive  article on the subject), I feel compelled to remind us all that it’s not […]

I am finding it difficult to stray too far from the subject of oil, post the OPEC conference. It’s absurd to think that the reactions, responses and fallout are going to stop just because the headlines point us to the next big story. The immediate aftermath was highly predictable as investors thought the sky was […]

SIGNIFICANT GOLD TARGET AT KEPEZ WEST Ariana Resources, the gold exploration and development company focused on Turkey, has announced a resource target* on a zone of mineralisation delineated at the Kepez West prospect following the analysis of geophysical and geochemical data. Kepez West is one of several highly prospective targets within the Kiziltepe Sector of […]