Mining

The price of a tonne of iron has raced ahead from lows of $86.50 in September to reach $145.50 in Asian trade this week. Why has this happened? Will it last? And how to play it? Let’s start with the easy one? Why? China. PMI data for November just before Christmas encouraged folks into believing that […]

Since Boxing Day I have diligently published first my macro assumptions for 2013 and then once a day a share tip for 2013. The six tips so far have appeared in various places. The 7th will go out at around noon on 2nd January. The six to date include three gold miners, one income play […]

I promised something for everyone in my 2013 seven tips of the year. The penny stock is still to come. You have been served up a great income play and a profitable growth play plus one mining stock. There were four mining stocks vying for three places in my (hopefully) magnificent seven. This one made […]

Platinum miner Lonmin (LSE:LMI) had asked Kris Kringle for only two things for Christmas: platinum in its stocking and peace on earth, especially at its Marikana mining site in South Africa.  Given the rough year that Lonmin had in 2012, it didn’t seem too much to ask. With the economy being as it is, Santa […]

I have written before about AIM Listed Ireland based Great Western Mining (LSE:GWMO) noting that it shares far too many connections with mega joke valuation company US Oil & Gas (USOP). I note that today shares in Great Western are off by 16% at 2p valuing the company at £1.3 million. It doubt very much […]

Gold has been performing well for quite some time now. If you are looking to diversify your investment and planning to venture beyond equities and mutual funds, then commodities is the way to go.

Rangold Resources (LSE:RRS) share price dropped 55.00 pence today to 6065.00, likely in response to a fire in the Tongon gold mine in Côte d’Ivoire over the Christmas shutdown.  The holiday is typically a time when maintenance staff can make needed repairs without interrupting manufacturing operations.  Apparently, however, someone must have forgotten to snuff out the […]

Since the shares remain suspended there was no rush to comment on the news from AIM and ASX listed Norseman Gold (LSE:NGL) which came out on Friday 14th December. It does not read well but having spoken to the company’s advisors it is not a write off yet. As I shall explain below.  You may […]

Investors are advised to ignore Goldstone Resources (LSE:GRL) shares until a clearer trading signal forms on its chart. One way of recognizing this is explained below. A difficult market requires a creative approach. It is a modern hound that is well suited to hunt a modern hare.   In the past several months, the trend […]

I previously commented on fully-listed Anglesey Mining (LSE:AYM) late last month – concluding that the shares, at just over 7p, were not for the risk-averse, but that the upside potential was sufficient for me to rate them a ‘speculative buy’. They had previously soared from the 11.75p at which I recommended them in October 2009 […]