Mining

It is expected that Bellzone Mining Shares (LSE: BZM) will continue to fall lower and lower as explained in this article. Never think a price will not fall any further as a result of being appearing very cheap. Bullish corrections would merely enable sellers to enter the markets at higher prices in the context of […]

The world’s second largest supplier of platinum, Impala Platinum Holdings Limited (LSE:IPLA), is now facing a new demand of wage increase from its workers, the company confirmed today. In a statement, the producer of 25% of the world’s platinum group of elements supply said it has received another wage increase demand from the Interim Workers […]

The stalemate in the £48 billion merger terms offered by Glencore (LSE:GLEN) to Xstrata  (LSE:XTA) will remain to be as it is even as Glencore has officially announced its revised terms yesterday. Qatar Holding LLC, owner of about 12% of Xstrata and its second biggest shareholder, hinted today it needs more time to study Glencore’s […]

Last night was probably one of the busiest phone call moments for those people involved in the mega-merger to form another global mining powerhouse as both Glencore (LSE:GLEN) and Xstrata (LSE:XTA) called to adjourn their meetings today following a revision of the merger terms to appease Xstrata’s dissatistfied investor, Qatar Holdings. The lakeside view from […]

The stock price of Red Rock Resources (LSE:RRR) will soon give traders and investors a great opportunity to buy at a very low risk and high reward price. They should start whetting their appetite, because the market would soon resume a long-term journey to the north. The reason behind this would be explained in the […]

Zanaga Iron Ore Company Ltd. (LSE:ZIOC) is poised to become a “very significant iron ore producer” having one of the largest iron ore resources in Africa. That is according to the miner’s Non-Executive Chairman, Clifford Elphick, following the release of a revised resource estimate of its deposit from the Zanaga Iron Ore Project in Congo […]

Talvivaara Mining Company (LSE:TALV) assured its shareholders the company has enough cash to support its operation for the rest of the year and its employees are not endangered of losing their jobs. The base metals miner made the statement today, in response to “recent  publicly reported claims regarding the development of the Company’s cash position  […]

High hopes are being placed on mineral resources explorer Beowulf Mining plc (LSE:BEM) with the release of assay results from its iron ore project in Sweden. Shares soared 10.5% in early morning trading today and settled at 10.25 pence by 12:00 PM GMT, after the Sweden-focussed “guardian of treasure” said significant high-grade iron mineralisation reaching […]

UPDATED: Pan African Resources plc (LSE:PAF) is to sell its Manica Gold Project  in Mozambique for Au$6 million in its plan to focus on its assets in South Africa but will still hold an indirect interest in the project, the company announced Wednesday, 9th August 2012. In a statement, the company revealed it has entered […]

UPDATED: Condor Gold plc (LSE:CNR) has concluded its drilling programme at its 100% owned La India Project in Nicaragua and said it is ready to present an updated resources estimate by September 2012. Eleven holes were drilled during the final phase of the programme for a combined depth of 1,890 metres and encountered mineralisations of […]