Resource Big News Roundup: Pistol Bay Acquires Gold Exploration Claims in Red Lake; E3 Metals Builds First Lab Scale Lithium Extraction Flow System; Western Copper and Gold Acquires Canadian Creek Property

- August 2nd, 2019

In case you missed it, here is this week’s resource big news roundup.

The US stock market took a $25 billion a minute hit on Wednesday when Federal Reserve Chair Jerome Powell announced the bank’s interest rate cuts, despite his explanation as to why the cuts are not the start of a lengthy easing cycle. The S&P/TSX Composite index (INDEXTSI:OSPTX) took a hit as well from the news. On Friday, the index took a second hit following a sharp escalation in the US-China trade war, but oil prices lifted energy stocks, keeping the losses in check. As for the S&P/TSX Venture Composite Index (INDEXTSI:JX), the index climbed 0.97 points to open the market today at 592.30 points. All but three of the 12 subgroups were down to begin the session.

In case you missed it, here is this week’s resource big news roundup:




To see our previous Resource Investing Big News Roundups, please click here.


Profit from resource markets this year

Read our new report to get started!

Get the latest Base Metals Investing stock information

Leave a Reply