London’s Alternative Investment Market ended the week positively.
London’s Alternative Investment Market (AIM) ended the week positively. The market received a 2.15-point bump from its previous close to finish at 703.02 points.
Mwana Africa (AIM:MWA) gained the most this week, finishing at GBP 1.55. That marks a GBP-0.18, or 12.73-percent, increase for the Africa-based company. Mwana is engaged in exploring for, developing and producing nickel, gold, copper and diamonds, and had a trade volume of 2.6 million.
Rare Earth Minerals (AIM:REM) also had a strong week, staying steady at GBP 0.04. The company engages in the identification, development and mining of rare earths in Western Australia and saw a trade volume of 14.6 million for the week.
Alexander Mining (AIM:AXM) saw the biggest losses this week, dropping GBP 0.25, or 8.7 percent, to GBP 2.62. The company, which is engaged in the commercialization of its mineral processing technologies, had a trade volume of 1.6 million this week. African Eagle Resources (AIM:AFE) also had a down week, hitting GBP 0.28. That constitutes a GBP-0.02, or 0.28-percent, drop for the Chilean nickel exploration and development company. African Eagle’s trade volume was 5.3 million.