Mining

New chief executive asked to relocate Rio Tinto’s HQ to Australia. British-Australian miners Rio Tinto’s new chief executive, Sam Walsh, has been told to move its headquarters to Australia by mining billionaire Gina Rinehart, arguing that it will benefit “shareholders who have seen much diminution in value via investments in risky countries, and for the […]

I met up with Roger Lawson of ShareSoc last week to chat about life and record a video. The son of a miner, Roger is a self made man and commands my respect for that. When I lash out at an aspect of AIM, the City establishment can dismiss me as a maverick. See if […]

On 17th January AIM listed Chaarat Gold (LSE:GCH) announced that the Government of the Kyrgyz Republic had implemented a new tax code effective as of 1st January. The new system is clearer than the old offering more transparency and as it happens will benefit Chaarat when it starts producing around Christmas. Please note Call Me […]

Rio Tinto (LSE:RIO) share price had plunged by as much as 28.00 pence by 2:10 pm today from yesterday’s close of 3,458.00.  The company announced the ouster of CEO Tom Albanese and Energy CEO Doug Ritchie. As with all announcements of this kind, the termination was described as a “mutual agreement.”  Why do they say […]

Like many junior miners, AIM listed Highland Gold Mining (LSE:HGM) saw its share price decimated during 2012. The stock traded at 197p at the start of the year. Just before Christmas I flagged this up as a stock to have a nibble at when the share price was as low as 91p. In the three weeks that […]

I wrote a strong buy note on Aquarius Platinum (LSE:AQP)on Christmas Eve urging investors to buy at 55p. Well ho, ho, ho and a Merry Christmas to you all. I hope that you filled your stockings. I mean boots with that hot share tip. The shares are now 71.75p Why? Thank Anglo American (LSE:AAL) which […]

Boa Tarde ( Good Afternoon ) Looking for BRIC’s news.. Brazil is a major part of BRIC, here you will learn about this large and expending market. I know it’s a bit chilly in the UK at the moment, but Brazil is hot .. and not only weather wise. We are home to the next […]

Anglo American’s (LSE:AAL) platinum business – the world’s largest producer of PGM – is set to close four of its shafts in the Rustenberg mining district, leading to a potential loss of jobs and a reduced production in the coming years. The move, however, is not so much as the result of the recent unrest […]

Shares in AIM Listed gold miner Goldplat (LSE:GDP) have been hit hard by a profits warning. It is a minor profits warning and the market has over-reacted sending the shares down by 9.71% to 11.625p. At this price I believe you would be buying for a June 2013 yield of 6.9% rising to 8.6% for […]

Shares of FTSE 250 constituent Centamin plc (LSE:CEY) climbed up earlier today after the Egypt-focused gold producer said it beat target production output for 2012, whilst also partly shedding light into alleged suspension of gold exports on hold at the ports of the Islamic state circulating around last week. In a statement, Centamin disclosed it […]