Mining Review – Sunday Update 30th May

Mining Review – Sunday Update 30th May

A brief note today as the monthly update is out tomorrow, carrying full details of the month’s news.

Another positive week for metals and miners, and the US$ Index sits at a critical support level, will 90 break?   If it does this would be very positive for gold.

 

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Mining Review – Sunday Update 30th May

 

A brief note today as the monthly update is out tomorrow, carrying full details of the month’s news.

Another positive week for metals and miners, and the US$ Index sits at a critical support level, will 90 break?  If it does, it’s obviously very bullish for gold and other metals.

Inflation is also a major concern now, and normally good for gold.

 

 

Mining Review – Stocks on our watchlist in the news

Nouveau Monde Graphite – Commenced trading on the NYSE.

Los Cerros – First drill hole at Ceibal in Colombia intercepts porphyry.

Fosterville South – Extended the Walhalla Gold Belt

Wesdome – Extended the high grade footwall zone at Kiena

UEC – Increased their warehouse holdings of physical uranium

Lithium Power Intl. – Divested their Argentinian assets.

 

 

Precious Metals

Gold 1903 1%
Silver 27.94 1%
Palladium 2728 -4%
Platinum 1177 0%
Rhodium 25300 -6%

 

 

Base Metals

Copper 4.6 2%
Nickel 8.06 5%
Zinc 1.36 1%
Tin 14.23 -6%

 

 

Energy Metals

Cobalt 19.78 0%
Manganese 3.21 -3%
Lithium 12705 0%
Uranium 31 1%

 

 

Bulk Commodities

Iron Ore 183 -9%
Coking Coal 155 8%

 

The Market Review for the 30th May 2021 is complete.

 

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