Mining Review Sunday Roundup 7th Feb

Mining Review – Sunday Roundup 7th February 2021

It was a week that failed to live up to expectations, with the promise of a “silver short squeeze” failing, just as I predicted, and then precious metals tumbling hard, before a late bounce.

Tin is the latest metal to have supply concerns, and the LME is very low on stock, although Shanghai stocks seem ok.  Consequently the price has risen sharply in recent weeks. Continue reading

Apollo Consolidated expands Lake Rebecca

   Apollo Consolidated Resources (ASX: AOP)

Purchased a small parcel of land from Bulletin Resources (ASX: BNR) and Matsa Resources (ASX: MAT) for A$5.6 million, at their Lake Rebecca Project, 150 kilometres northeast of Kalgoorlie in Western Australia.

The portion that has been sold is a 400 m wide, 1.35 square-kilometre strip that adds significant value to AOP’s portfolio. Continue reading

Leviathan Gold receives TSX-V OK for trading

   Fosterville South Exploration (TSX.V: FSX)

Leviathan Gold Finance Ltd. has received conditional approval from the TSX Venture Exchange to list its common shares on the TSX-V under the symbol LVX.

Final approval of the listing is subject to the Leviathan meeting certain standard requirements of the TSXV. Leviathan Gold expects to satisfy all of the requirements and will make a further announcement once the TSXV has issued a bulletin confirming the date on which trading on the TSXV will commence. Continue reading