Mining

Oxus Gold stock (LSE:OXS) is now rated a buy because of the current bullish price action. The breakout that has been performed this month can still be sustained in spite of the correction that is currently happening. We cannot enter a market simply because of a strong volume. There are other factors to be considered. […]

Leading up to its October meeting from the 9th to the 11th of this month in Lima, Peru, the International Monetary Fund released its World Economic Outlook today. The release was skillfully crafted, including its title, “Uncertainty, Complex Forces Weigh on Global Growth.” Maurice Obstfeld, IMR Economic Counsellor and Director of Research, described the global […]

Signing of Fertiliser Sale Agreement African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced that it has signed a legally binding fertiliser sale agreement with a Zambian based purchaser introduced by COMESA/ACTESA. This follows the signing of a framework fertiliser supply […]

Disposal of the Company’s Ethiopian assets Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on Africa, has announced the disposal of its wholly owned subsidiaries Nubian Gold Exploration Limited and Rift Valley Resources Limited, which hold all of the Company’s interests in the Federal Democratic Republic of Ethiopia, namely the Wayu Boda and […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards for several weeks, with intermittent rallies along the way. The intermittent rallies were sometimes strong enough to threaten the existing bearish bias in the short term. On October 2, 2015, price spiked upwards seriously, threatening the existing bearish bias again; but the bias would not […]

Interim Results Savannah Resources (LSE:SAV) has announced its interim financial results for the six months ended 30 June 2015. HIGHLIGHTS: OPERATIONS · Focussed on the development of multi-commodity portfolio: copper in Oman, with additional gold upside potential, and heavy mineral sands in Mozambique · Agreement signed with Rio Tinto for the combination of Rio’s Mutamba […]

Exercise of Warrants and Issue of Shares African Potash Limited, the AIM listed African exploration company, has announced that on 28 September 2015 Cornhill Capital Limited exercised its remaining 10 million warrants to subscribe for new Ordinary Shares in the capital of the Company at an exercise price of 0.3p per share (further details of […]

Disposal of the Company’s Ethiopian assets Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on Africa, has announced the disposal of its wholly owned subsidiaries Nubian Gold Exploration Limited and Rift Valley Resources Limited, which hold all of the Company’s interests in the Federal Democratic Republic of Ethiopia, namely the Wayu Boda […]

Scoping Study Demonstrates Robust Economics for a Joint Venture Heap Leach Project with Desert Gold Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company, has announced that further to the co-operation agreement entered into with Desert Gold Ventures Inc. (TSX.V:DAU), as announced on 9 March 2015, to assess the potential for jointly developing their respective […]

Bolnisi Project Exploration Update Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on exploration works currently underway at the 861 km2 Bolnisi Project which is located in the Republic of Georgia. Highlights · Fieldwork in Georgia is well underway with the focus on Tsitel Sopeli […]