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Investing in African Minerals on the London Stock Exchange

African Minerals as a source of wealth is nothing new. From the Romans to the British Empire, there have been major fortunes made from investing in African resources. Although the chances of making an Empire’s worth of money are slim, there is certainly the possibility for some smart investments into African minerals today. A number of different African minerals companies are currently trading on the London Stock Exchange, and for the savvy investor, this sector represents a major opportunity. African Mining Mining is one of the biggest industries throughout Africa, and the continent is rich in a number of minerals that are increasingly...

Timing of Good News

So often lately it seems any price rise resulting from favourable company regulatory news delivered before the opening of the market is swallowed up by bad macro-economic sentiment by day's end. Whilst it's impossible to isolate the effect of the timing of a release on price, a little look at price ranges on those days when news is released can provide some interesting results. Using Berkeley Mineral Resources - our favourite African mineral processing company - as an example, let's look at the timing of their past six regulatory announcements since the beginning of April 2012. Here they are: 1. 3rd April 2012...

Purchase: Range Resources

We've been eying them off for long enough. We listed them in December 2010 as one of 17 potential speculative investments to watch in the year ahead...

Berkeley Mineral Resources and Gold

With our share portfolio in free-fall there's not much good news coming out of Investor Trader for the moment. That is unless you consider Investor Trader's new colour scheme news-worthy? I had hope for Berkeley Mineral Resources (BMR.L) when I fleetingly glanced over last Thursday's Kabwe tailings JORC results RNS pre market-open. But irrespective of what nuggets it contained, deep down I think I knew the market was always going to shrug its shoulders and continue its southerly trajectory. The news? Well on the plus side we're sitting on a higher grade of lead. Masoud Alikhani, Chairman of BMR had this to say: "We...

Berkeley Mineral Resources

Anyone looking at the three month chart below (courtesy of SharePrice.co.uk) could be forgiven for assuming that June contained a profit warning or the like for Berkeley Mineral Resources. But not so! Just another month in the life of an AIM-listed minerals share.     In fact, since June of this year, in this amateur's humble opinion, there's been pretty much nothing but good news coming out of Berkeley Mineral Resources. Let's take a closer look. Below is the nuts and bolts of the past couple of months worth of BMR's news releases in a timeline. For the full releases that these (italicised) snippets are...

A Little Look at Alecto

We bought a bunch of Alecto Energy back in November 2010, our reasons then were speculative but simple: "Alecto has been awarded three gold and copper mining and two uranium mining licenses in the Mauritanide mobile belt of Mauritania and there’s the possibility of more good news on the horizon." Since we jumped on board, trading in Alecto has been within a range of between three and four-and-a-half pence a share. Volumes are probably slightly down on where they were six months ago but without doing too much homework on the matter, I reckon that's probably true across the board for AIM...

Alecto Energy Gains Following Final Results

Following the announcement of their 2010 results, Alecto Energy added a healthy glow to our portfolio on Tuesday, finishing 24% up on the day. We bought into Alecto back in November last year at 3.75 pence a share on the back of their three gold and copper mining and two uranium mining licenses in the Mauritanide mobile belt of Mauritania and the possibility of more licences to come. I like a company that has its irons scattered in a few fires. In yesterday's results Malcolm James - in his Chairman's report - had this to say: This has been an important year for...

Stellar Diamonds Finds….Well….Yeah, Diamonds

Stellar Diamonds today announced "encouraging initial diamond recoveries from drill core samples of the Company's 100% owned Droujba kimberlite pipe in south east Guinea". Highlights from the sample included: 538 diamonds recovered from 291.62kg of Kimberlite 5 commercial sized diamonds larger than 0.85mm recovered Largest recovered diamond measures 5.60mm x 2.80mm x 1.80mm Majority of diamonds are classified as white, colourless and transparent Macro-diamond grade forecast to be undertaken You can read the full release over at the London Stock Exchange website. Here's why we got on board with Stellar initially. Today's good news just reinforces that decision. In the month and a bit since then, Stellar Diamonds has...

Purchase – Stellar Diamonds

Diamonds are a boy's best friend. Well, maybe not best friend but with a 43% gain since we purchased a bunch in mid December 2010, Stellar Diamonds have at least made my Christmas card list. After selling up some Hutchison China Meditech and and all of our Workspace Group on 17th December 2010 we turned around and plonked the proceedings into Stellar Diamonds (STEL.L). We purchased 12,233 shares at 8.195 pence for a total outlay of £1,002.49. In the handful of days of Christmas trading since then, Stellar has packed on another 4 pence and currently trades at 12.2 pence as I type. Why...

Hitting £100K in 2011

Like Santa and his helpers, late December proved to be a busy period for Investor Trader. On December 17th we completed five trades and then backed up again on the 30th with a further three (including a couple of purchase from our list of 17 potentials I wrote about last week). But more about that soon. Now, if we're to hit the magical million by April 2014, then 2011 has to see us get somewhere close to £100K (at least). We've got to step it up a little. Unfortunately I don't have the exact figures to back this up but I...

17 Potential (Speculative) Investments for 2011

Following on from my most recent post - Which Shares Should I Invest In - I've spent a few days pouring over my own pool of potential investments. No small job in the end as the list had ballooned to over 50 possibles, thanks in no small part to suggestions from our readers. I've had a cursory glance over the lot of 'em and have very crudely trimmed that list back to 17 based on a bunch of criteria that underlines my investment philosophy (I'd love to look more deeply in to each and every one of them but there's...

Purchase – Dominion Petroleum

Following a tip from a reader a couple of weeks back, we took a closer look at Dominion Petroleum - an independent energy company focused on exploring for new oil and gas reserves in East and Central Africa. Currently Dominion are active in offshore Tanzania and the Lake Edward Basin in and around the Uganda, Democratic Republic of Congo border. It's been a rocky path for Dominion since it was founded in 2004. Trading in Dominion Petroleum was suspended in July 2009 before a US$10 million injection from Blue Gold Hedge Fund got them back on track. They've since been back to...