Resource Big News Roundup: Standard Lithium Announces Positive PEA; Allante Announces Proposed Qualifying Transaction with Wealth Copper; Talisker Enters into Agreements Further Increasing Spences Bridge Gold Belt Land Position

Political tensions across the international landscape continued to drive market prices this week, including a sharp rise in the S&P/TSX Composite index (INDEXTSI:OSPTX) following accusations from US President Donald Trump regarding a tanker attack on June 13. Oil prices reached a three-week high after tensions between the US and Iran continued to rise following an attach on a US surveillance drone on Thursday. The index jumped nearly 100 points following the announcement of Thursday’s drone attack. The S&P/TSX Venture Composite Index (INDEXTSI:JX) dropped 33.98 points to begin the week, opening Friday’s trading at 16,540.85. 

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

Base

• Nevada Copper Remains on Schedule to Enter Production Q4 2019
• Telson Mining Corporation Reports Tahuehueto Underground Assays
• Allante Announces Proposed Qualifying Transaction with Wealth Copper Ltd.

Battery

• A.I.S. Resources Commences Manganese Export From Peru
• Go Cobalt Announces Declaration of Dividend
• E3 Metals Engages Integrated Sustainability to Complete Brine Production Infrastructure Study on Clearwater Petro-Lithium Project
• Standard Lithium Announces Positive Preliminary Economic Assessment and Upgrading of Mineral Resource at Its Southern Arkansas Lithium Brine Project
• One World Lithium Announces Aquifers Containing Brines, Additional Claims Staked and Summary Drilling Report in July 2019

Critical

• Imperial Intersects 113.9 m and 95.5 m of Strong Scandium and Rare Earth Mineralization at Crater Lake

Precious

• Talisker Enters into Agreements Further Increasing Spences Bridge Gold Belt Land Position
• Triumph Gold Commences a Landmark Drill Program on the Freegold Mountain Property, Yukon, Testing Beneath the Gold Rich Blue Sky Porphyry and WAu Breccia
• Nexus Gold Expands Newfoundland Holdings

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