Global News

Positive PEA on Tongo Project and Mining Licence Application, Sierra Leone Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced the results of the preliminary economic assessment from its Tongo kimberlite diamond project in Sierra Leone. Independent consulting company Paradigm Project Management was retained by the Company...

What are the details? Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Alcyon. The gross charter rate […]

Commissioning of Plant at Pickstone-Peerless Gold Mine Vast Resources plc, the AIM-listed resource and development company, has announced the commissioning of the ball mill and the carbon in leach plant at the Pickstone-Peerless Gold Mine, thus facilitating the start of gold adsorption and marking a further milestone in its transition into a cash generative mining […]

“The wisest rule in investment is: When others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” ~ Jonathan Sacks “Panic is … […]

“However, it is pleasant to win over the long term. Contrary to popular opinion, losses are part of winning. Take sports for example.” – Markham Gross A drawdown is the peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and […]

The biggest financial news of the week, up until Greek Prime Minister Alexis Tsipras announced his resignation, has, arguable been George Soros investing the equivalent of £1.43 million in Arch Coal (NYSE:ACI) and Peabody Energy (NYSE:BTU), two coal mining companies that have have been struggling, having lost 98% of their value over the past several years. […]

Easyjet stock (LSE:EZJ) has a clean ‘buy’ signal on it, based on the current price action in the chart. In this month of August, effort was initially made to push the price upwards but this was stalled by the last bearish correction. However, the price is now gliding upwards smoothly. This is an interesting development. […]

Diageo shares (LSE:DGE) are expected to rally, following the current rejection at the support level of 1750, which is already a formidable floor (barring further bearish effort). The adamant floor was tested in May and June 2015, but further bearish attempts were foiled. This same support level has been tested recently and we can see […]

What are the details? Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), a real estate company focused on the management, acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets, announced today its financial results for the second quarter ended June 30, 2015. Highlights: – NOI for the quarter increased by 25% to NIS 1,043 million (US$ […]

Baozun Inc. (Nasdaq:BZUN), a brand e-commerce solutions provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2015. Second Quarter 2015 Financial Highlights: – Total net revenues were RMB517.6 million (US$83.5 million), an increase of 98.0% year-over-year. – Income from operations was RMB4.7 million (US$0.8 million), an increase of...