Resource Big News Roundup: Searchlight Stakes High-Grade Kulyk Lake Rare Earth Project; IsoEnergy Expands Larocque East Uranium Property Through Staking; Global Energy Metals Receives Approval for Acquisition of Right To Use Re-2ox Technology

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) steadily rose as oil and gold prices climbed, sparking gains in the energy, materials and technology. Oil prices were on the rise following a report that the US could postpone tariffs on Mexico. On Friday, the index rose after data showed a higher than expected addition of jobs in May and a dip in the unemployment rate. According to Statistics Canada, the economy added 27,700 new jobs in May. Canada’s current unemployment rate is currently sitting at a record low of 5.4 percent. At 9:40 a.m. ET, the index was up 26.1 points at $16,253.9. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, had a turbulent week but finished on the rise.

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

Battery:

• Global Energy Metals Receives Approval for Acquisition of Right To Use Re-2ox Technology at Nevada Battery Metals Projects

Critical:

• American Manganese Granted Its Second Patent in Lithium-Ion Battery Recycling

Energy:

• Forum Energy Metals Acquires the Love Lake Nickel-Copper-Platinum-Palladium-Gold Project, Saskatchewan
• IsoEnergy Expands Larocque East Uranium Property Through Staking

Precious:

• Monterey Minerals Completes Purchase of 323 square kilometers in the Pilbara region of Western Australia
• Gold Resource Corporation Expands Isabella Pearl Deposit Intercepting 22.86 Meters of 1.03 G/T Gold Step-Out
• Searchlight Resources Stakes High-Grade Kulyk Lake Rare Earth Project
• Paramount Gold Receives Permit From Malheur County for its Proposed Grassy Mountain Underground Mine in Eastern Oregon
• Blackrock Gold Amends Key Terms of Silver Cloud Project Securing Buyout Option and Reduces Upfront Obligations
• SIRIOS intersects 31.3 g/t Au over 1.0 m in the Eclipse Zone at Cheechoo
• Wealth and Wealth Copper Enter into Share Purchase Agreement to Acquire Escalones Copper-Gold Porphyry Project
• Newrange Gold Negotiates Sale of Colombian Assets

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