Shares in FTSE 250 gold miner Centamin (CEY) traded flat at 104.8p despite the firm cashing in on the surge in the gold price last year after reporting record revenue for 2020 and soaring profit.For the year ended 31 December 2020, pre-tax profit grew 82% to $315 million year-on-year with EBITDA standing at $439 million at a 53% margin, while group free cash flow jumped 91% to $142 million.Revenue

Gold Digger Caledonia Mining (CMCL:AIM) has downgraded its 2017 production guidance by up to 13% due to transportation issues. It now expects to produce between 52,000 and 57,000 ounces versus the previous 60,000 ounce target. Earnings guidance is slashed by up to 29%; moving from 34c to a range of 24c to 31c per share, based on a $1,275 per ounce gold price.

The FTSE 100 is down 0.4% to 6,887.01, taking its cue from weak Asian and US markets, as wildcard presidential candidate Donald Trump's chances of winning appear to have increased.High street retailer Next (NXT) slips 0.7% to £47.75 as it trims full year guidance for sales growth from -2.5% to 2.5% to -1.75% to +1.25%.Housebuilder Persimmon (PSN) gains 0.8% to £17.51 as it reports private sales

Shares is coming to ScotlandWe've just confirmed the line-up for the next Shares investor evening to be held in Scotland. Appearing on stage on 5 October 2016 at the Edinburgh Radisson Blu Hotel will be financial services giant Aberdeen Asset Management (ADN), gold miners Caledonia Mining (CMCL:AIM) and Scotgold Resources (SGZ:AIM), oil and gas specialists Solo Oil (SOLO:AIM) and Sound Energy (SOU

Dubbed 'micro caps' by investors, the London stock market's smallest quoted company fry can be binary bets, as likely to 'turn turtle' as morph into a 'ten-bagger', the latter the holy grail of growth company investing. Yet despite their inherent risks, micro caps should form at least a portion of a well-diversified portfolio, since they offer potential for rapid-paced growth and abundant share pr

London shares make early gains on Thursday as UK investors draw a line under three days of reverses and go shopping for bargains. Overseas issues have dominated the UK investor mindset over the past few days with US interest rate hikes and three-straight days of devaluation of China's yuan currency by the People's Bank of China.The benchmark FTSE 100 index is trading around 40 points, or 0.6%, hig

The chief executive of Caledonia Mining (CMCL:AIM) has warnedinvestors that they may need to 'revise' expectations for the miner's future financial performance if the gold price doesn't improve from current $1,120 per ounce levels.Steve Curtis' comments are made on the back of the Zimbabwe-based miner's latest results where rising costs and lower gold output sees second-quarter profit more than ha

'Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.' Warren Buffett's famous quotation certainly resonates with gold mining equities. Five years ago you couldn't move for every Tom, Dick and Harry talking about the merits of the sector, giving you tips on hot prospects and everyone declaring them

UK markets continue to slide on Tuesday as gains across the mining sector are offset by gloomy corporate newsflow, led by upmarket fashion brands Burberry (BRBY) and Mulberry (MUL:AIM), and from recruiter Michael Page (MPI). The benchmark FTSE 100 index loses 30 points in early trading, down to 6,337, testing 2014 lows.Fashion brand Burberry slides 5% to £14.05 as chief executive Christopher Bail

Resource firms are coming into focus as investors search for oversold equities and yield opportunities. But anyone deploying cash here needs to step back and take a careful look at the project economics relating to each individual miner or oil and gas play given what is likely to remain a challenging backcloth for commodity prices.When commodity prices were roaring away, picking a successful secto