With a £2.5bn programme to built its potash (strictly – polyhalite) mine in Yorkshire, Sirius Minerals (AIM:SSX) plans to become by 2022 the largest operating underground mine in Britain, if not in the British Isles. Promising also to be one the cheapest suppliers of a unique multi-nutrient fertiliser to a hungry world agricultural market for…
“…one particular world-renowned expert on such porphyries believes Cascabel (Solgold’s 86% owned flagship copper-gold project in Ecuador) could be perhaps THE biggest new such discovery in the world, let alone in the Andes.” When faced with such a comment you can either pass it by or you can pause to take a look. But you…
The resurgence in gold has been remarkable. Since its gloomy low less than three months ago it has risen by more than 20% and, despite a recent recovery in equities spurred by a single economic indicator suggesting the US economy is not as bad as everyone thought, is still forging upwards. So much so that…
Just another tale of mining woe – or an investors’ opportunity? ‘The Theory’, of course, is that as a miner approaches production, with all initial spending nearly over and cash generation in view, investors will be taking note and pushing the shares up. Not down, as in the case of Aureus Mining (AUE)! So how…
Trains and Planes and Automobiles and Paint, and Kits, and Glue put together the way Hornby thought was That the Thing to Do ? A modern day nursery rhyme or a business school case study in the making? Hornby (AIM: HRN), with a market cap of £20m now (versus a peak of £100m) and annual…
Well it certainly won’t float those with a hole in their hull. And many captains (and their backers) will wait to ensure they’re catching the flow and not the ebb tide. So today I canter through those goldies we’ve already explored and some we haven’t and, along with many mixed metaphors, bring up to date…
The Holy Grail of the junior mining sector is a miner still cheap but soon to generate the large cash inflow to justify the investment that bankers (and shareholders) will have put up to get it going. With this in mind, investors might be puzzled as to why Kefi Minerals’ (KEFI) shares show no signs…
Current mid price: 9.0p Market Cap: £168m Possible yield: 9.0% If, in the present environment, we were to point to a producing gold miner paying a secure looking more 6%+ historic yield, with every prospect of useful medium-term capital appreciation and a higher yield, you might say “pull the other one”. But with UK-listed South…
Uranium, as I point out in the upcoming magazine, looks to be a commodity that possibly will recover ahead of the rest. As it happens, Spanish uranium developer Berkeley Energia (BKY:AIM & ASX) (formerly known as Berkeley Resources) is about to come across private investors’ radars in a presentation this week. It has already flagged…
So all the while that lack of news has had investors muttering that it is about to go bust, Ncondezi Energy (AIM:NCCL) has been quietly progressing its negotiations with China’s SEPCO to build its 300MW power plant on its Tete coal field in Mozambique. A surprise RNS late afternoon yesterday (January 11th) spurred the shares…
