Commodities

A scoping study shows Mpokoto is an attractive gold development project with highly attractive returns, Armadale Capital says. Armadale – which has the right to an 80% interest in the project in the Democratic Republic of Congo – says it is now focussed on advancing Mpokoto to the next stage of its development before targeting […]

Savannah Resources has agreed to acquire interests in the highly prospective Block 5 and Block 6 copper projects in Oman from Gentor Resources Inc. Savannah says the acquisition of these projects, which contain part of one of the best preserved copper-rich Ophiolite belts in the world, forms part of its growth strategy of building a […]

Mariana receives US$600,000 funding for Argentinean gold and silver exploration Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, announces that it has received Arg$4,745,826, Argentinean Pesos (circa US$600,000) funding by way of VAT refund from the Argentinean Tax Authorities. Monies received are in respect of VAT levied […]

Sula Iron and Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, has said that drilling has commenced at its Ferensola Iron Project located in the mineral rich Sula-Kangari Greenstone Belt in Sierra Leone. The drilling forms part of a 2014 exploration programme, which aims to define a JORC Direct Shipping Ore Iron Mineral […]

Centamin (LSE:CEY) share price is trading down just under 2.0% from yesterday’s close at 53.30. At mid-afternoon CEY is at 52.25, following release of the company’s first quarter 2014 production results. I suggest that it takes a great deal of patient understanding when reading a report like Centamin’s. Gold’s Not Glittering Like It Used To […]

This space is normally devoted to commentary on one or more companies’ share price. Today it is about exposing what may be the biggest scandal ever to hit stock exchanges around the world. The problem in the U.S. is so  bad that the FBI is now investigating the massive fraud being perpetrated on U.S. investors. […]

The day we have been waiting for has finally arrived as Gulf Keystone Petroleum (LSE:GKP) has completed the move from the AIM to the Main Market today. Non-Executive Chairman, Simon Murray, observed that “The move up reflects the considerable success that the Company has enjoyed since its IPO, and marks the end of the move […]

Today was scheduled to be the big day for Gulf Keystone Petroleum’s (LSE:GKP) migration from the AIM to the Main Market, but that has been pushed back until tomorrow, 25 March 2014. Meanwhile the GKP share price continues it’s three month decline that began in earnest on 06 March. The GKP share price is currently […]

To tell the truth, I have said it. Many times. It’s a boring field in which to work, and it’s generally considered one of the most boring of investment sectors. It doesn’t have the pizzazz of technology nor the energizing risk of mining or oil exploration. It doesn’t even come close the the fever pitch […]

Lucy MacDonald, who manages some $7.3 billion in assets in her position as CIO of Allianz Global Investors, has declared that BP (LSE:BP.) (NYSE:BP) is now “more investable” as a result of the company’s entering into an administrative agreement with the U.S. Environmental Protection Agency four years past the Deepwater Horizon catastrophe in the Gulf […]