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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