Commodities
Buy platinum metal rather than the miners, says ShoreCap
Prospects of industrial action in South Africa could make speculation in platinum worthwhile, suggested stockbroker Shore Capital on Friday.
Eland Oil & Gas close to beating 30,000 bopd target
Oil and gas production and development company Eland Oil & Gas on Thursday successfully completed its Opuama-10 well in Nigeria and will be handing over to the field production team imminently.
Commodities: Base metals prices dive on EM, China concerns
A mix of US dollar strength, weak Chinese data and worries that the Turkish currency crisis might have a 'knock-on' effect on growth in other emerging markets saw a wave of selling hit markets, leaving Bloomberg's commodity index just off a fresh 52-week low.
WTI slips following weekly DoE inventory data
US crude oil inventories rose last week as net imports recovered and domestic output continued climbing higher.
Savannah Petroleum continues 100% success record with Niger discovery
British independent oil and gas company Savannah Petroleum on Wednesday made a new oil discovery through its Eridal-1 exploration well in the Agadem Rift Basin, South East Niger.
Cadence lauds acceleration of Auroch Minerals' drilling programme
Cadence Minerals on Wednesday reported that investee company Auroch Minerals accelerated its drilling programme with the start of works at its Bonaventura base metals project in South Australia.
Touchstone to expand further after programme boosts production and sales
Touchstone Exploration on Tuesday reported that it will follow the strong production growth of the first half of the year with drilling campaigns before the start of next year.
Commodities: WTI lower after US rig count data, gold threatens drop below $1,200/oz.
Commodities saw almost across-the-board declines at the start of the week, with oil futures weighed down by further gains in the US dollar, predictions for increased supplies and a jump in the US oil rig count.
Scotgold sees 'significant advancement' in Loch Lomond mine permitting
Scotgold Resources on Monday told investors that despite delays, "significant advancement" has been made in the permitting process of its Cononish Gold and Silver Mine, near Loch Lomond in Scotland.
Premier African Minerals gets govt assurances on RHA stake
Premier African Minerals on Monday received positive feedback from the Zimbabwean government regarding the firm’s proposal to increase its holding in RHA Tungsten to 90%.
Reabold seeking quick returns on California project after successful workover
Oil and gas investment company Reabold Resources on Monday confirmed that work is scheduled to commence this week on a California oil licence in which it has an option to invest.
Avesoro swings to profit as gold production soars by 300%
Gold miner Avesoro Resources on Monday swung to a pretax profit for the first half of the year after the firm’s production and sales increased threefold compared to last year.
Pathfinder adds two new faces amid raft of personnel changes
Pathfinder Minerals’ shares stormed on Friday after it appointed Simon Farrell and Scott Richardson Brown as non-executive co-chairman and non-executive director respectively in a slew of board changes.
Commodities: WTI dips, UniCredit sees scope for powerful 'short covering' in copper
Commodity prices slipped on Thursday, amid slight losses in the energy complex, with trading in the main metals contracts mixed.
Commodities: WTI skids to seven-week low after DoE weekly inventory data
West Texas Intermediate hit the skids following the release of unexpectedly bearish inventory data in the States and amid concerns that gasoline demand was already slowing.
Great Western tanks as Sharktooth draws a blank
Great Western Mining saw its share price plummet by over 50% on Wednesday after recording no significant gold, copper or trace element geochemistry in the first batch of samples from its latest digging in Nevada.
Faroe Petroleum set for strong H2 after maintenance slows production
Independent oil and gas company Faroe Petroleum on Wednesday narrowed its annual production expectations after bringing all wells back online following a busy maintenance schedule in the first half of the year.
Griffin Mining anxious over H2 commodity prices after profits fall
Griffin Mining on Tuesday reported a drop in first half pretax profit and said the rest of the year will prove “challenging” if commodity prices fail to improve.
Ironridge defines high priority lithium target in Ghana
Mineral exploration firm Ironridge Resources said on Tuesday it had defined a high-priority lithium pegmatite target at the Apam West license, part of its Cape Coast Lithium Portfolio in Ghana.
Jubilee Metals appointed sole operator of Zambian Kabwe project
Jubilee Metals on Monday became the sole operator of the Kabwe lead, zinc and vanadium project in Zambia after increasing its interest in Kabwe Operations to 87. 5%.