Commodities

Drilling Update at Schonberg Project Noricum Gold Limited, the Austrian focused gold exploration and development company, has provided an update on drilling being undertaken at the 100% owned Schonberg Gold and Precious Metals Project, located in an historic copper mining zone in south-central Austria. Previous exploration has already identified up to eight veins along a […]

Gulf Resources, a manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the third quarter ended September 30, 2014. Third Quarter 2014 Highlights: – Net revenue was $31.1 million, a year-over-year decrease of 6% – Gross profit was $9.2 million, a year-over-year decrease of 16% – Gross […]

BHP Billiton (LSE:BLT) apparently ascribes to the policy of “Don’t ask for permission. Ask for forgiveness.” Reasonble certain that their legal department has found a loophole in a long-standing ban on export of U.S. crude oil, the Anglo-Australian energy giant has set in process a plan to act without permission. That could be risky business. […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is a weak market, and it is not advisable to seek long trades in this market, unless everything has gone completely bullish. The market dropped heavily last week, reaching as low as the demand level of 1161.20. There is a strong Bearish Confirmation Pattern in the market and the […]

Latest Operations Update reveals all Goldplat plc, the AIM listed gold producer in Africa, announces an operations update for its two market leading gold recovery businesses in South Africa and Ghana, and its Kilimapesa Gold Project in Kenya. The Directors remain confident that the Company is on track to report an operating profit for FY […]

U.S. markets took a downturn today following the release of its monthly monetary policy review findings and actions. The S&P 500 dropped off by 0.14% to 1,982.30. The Dow closed at 16,974.31, down .18%. The Nasdaq took the biggest hit at 4,549.23, down 0.33%. Today’s report was not the end of the world as some […]

GOLD: Since July 2014, Gold has been very weak. This market dropped seriously from the month of July 2014, testing the support level at 1182.94 in October 2014. Since then, the market has been making some serious attempts to go bullish. The market is thus bullish in the medium-term, but bearish in the near-term. The […]

Allotment of Ordinary Shares following Exercise of Conversion Rights Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that it has received notice of exercise in respect of the convertible security previously issued on 16 September 2014 at a conversion price of 1.6 pence being 92.5% of the […]

African Barrick Gold (LSE:ABG) released its unaudited results for the third quarter yesterday. Its share price rose from 195.00 to 200.00 on some impressive results. Typically, we (writers) rush to post the same headlines and stories that everyone else is writing. I have been thinking lately that waiting a day or two offers a slightly […]

Completion of Second Exploration Drill Hole African Potash, the AIM listed company focused on sub-Saharan potash assets, has announced the “successful completion and intersection of multiple potash seams” at its second exploration drill hole at its Lac Dinga Potash Project in the Republic of Congo. This latest drill hole was completed at one of two […]