Resource News

The Alternative Investment Market dipped 0.11 percent today, with Regency Minerals and Solo Oil recording substantial gains.

Today, the Alternative Investment Market (AIM) dropped 0.11 percent, or 0.85 points, settling at 775.22 points.

According to Investing.com, stocks were mixed in Britain and in Europe as new sanctions on Russia weighed on investors and market participants looked ahead to the outcome of the coming referendum on Scottish independence. A poll on Scottish independence released Wednesday shows that support for the “no” vote is back in the lead, with 53 percent of voters against independence.

One of the biggest resource gainers on the market was Regency Mines (LSE:RGM), which gained 44.29 percent, or GBP0.22, to trade at GBP0.50. The company has interests in oil in the United Kingdom and in nickel and other minerals in Papua New Guinea, Sudan and Australia. Regency recently expanded its land holdings for its Sudan potash project.

Solo Oil’s (LSE:SOLO) share price also increased, rising 31.55 percent, or GBP0.35, to trade at GBP1.10. Solo Oil holds direct and indirect investments in oil and gas exploration, development and production projects in the Americas, Europe and Africa.

On the losing side, Mariana Resources (LSE:MARL), which develops gold, silver and copper properties in Peru and Argentina, dropped 44.23 percent, or GBP12.83, to trade at GBP29.00. Finally, Sierra Leone-focused African Minerals (LSE:AMI) dropped 20 percent, or GBP3.60, to trade at GBP18.00.

MARKETS

Markets
TSX19991.88+105.94
TSXV673.02+3.30
DOW33336.67+27.16
S&P 5004207.27-2.97
NASD12779.91-74.89
ASX7071.00+78.30

COMMODITIES

Commodities
Gold1786.79-2.21
Silver20.28+0.01
Copper3.65-0.05
Palladium2257.00-19.00
Platinum951.50-3.50
Oil92.76-1.58
Heating Oil3.480.00
Natural Gas8.71-0.16

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