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McEwen Mining’s share price rose 29.03 percent last week, while Endeavour Silver’s saw a jump of 28.98 percent.
The top gainer on the TSX this week was Ur-Energy. It was followed by Nevada Copper, Primero Mining, Aureus Mining and Osisko Gold Royalties.
Last week’s other top gainers were Western Potash, Teranga Gold, Ivanhoe Mines and Lithium Americas.
Last week was a tough one for mining stocks, but Polaris Minerals, China Gold International, NovaGold Resources, Cameco and Altius Minerals saw gains.
Energy Fuels was the top gainer on the TSX this week with a jump of 14.4 percent. It was followed by Paladin Energy, US Geothermal, Pretium Resources and Lucara Diamond.
The top gainer on the TSX last week was Corvus Gold, which released news from its Nevada-based North Bullfrog project.
China-based Beijing Tairui Innovation Capital Management has agreed to make an $80-million strategic investment in Western Potash.
Western Potash was the top gainer on the TSX last week after releasing a scoping study for its Milestone project. It was followed by Lithium Americas, Sandstorm Gold, Ivanhoe Mines and Alamos Gold.
The top gainer listed on the TSX this week was Royal Nickel. It was followed by Champion Iron, Silver Bull Resources, Treasury Metals and Western Potash.
IC Potash, Allana Potash, DuSolo Fertilizers, Great Quest Fertilizer and Western Potash are among the potash companies that will be attending PDAC.
A new study criticizes Saskatchewan’s potash tax system, noting that it limits the province’s ability to perform against international competitors. Saskatchewan is responsible for producing 30 percent of the world’s potash and the fertilizer is the backbone of government revenue in the province.
By Vivien Diniz
Shares of Western Potash spiked today, fueled by rumors that the development and acquisitions company could be at the center of a bidding war.
Now is the time to be brave, to buy when everyone else is selling, advises Stephan Bogner, analyst with Rockstone Research and CEO of bullion dealer Elementum International. Content to go against the grain, Bogner believes investors should be 100% invested in precious metals, both in physical metals and equities.
The Leader-Post reported that Western Potash expects that their deal with a Chinese JV company that will see them purchase a 20 percent stake in the company for $32 million will close later this week.