Kaiser also discusses the companies he is watching in the diamond space.
Supply concerns bumped the red metal’s price up 2 percent on Wednesday.
Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) released its full results for 2016, commenting that it generated strong operating cash flow of $8.5 billion. Underlying earnings came in at $5.1 billion, and the company plans to return $3.6 billion to shareholders.
Rio Tinto Exploration has discovered new zones of uranium mineralization at the Henday property, 40 percent owned by Forum Uranium. Follow-up drilling has been recommended at the Hollow Lake, Epitaph and Elephant target areas.
Haywood Securities has released its Junior Exploration Report for the second quarter of 2016, including its revised watch list of junior miners. Here’s a look at who made the list this quarter.