Resource Big News Roundup: Talisker to Commence Trading; Nexus Returns High-Grade Sample; Go Cobalt Identifies Geophysical Target and Doubles Land Package

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

The TSX composite index followed a steady decline this week in anticipation of trade talks between the United States and China at their G20 meeting. On Friday US President Donald Trump stated that he hoped for productive talks with Chinese President Xi Jinping, however he remained adamant that he would not promise any easing of the trade tariffs that sparked the international trade dispute.

Uncertainty in the international markets had an effect on Canada’s main index this week, setting the Toronto Stock Exchange’s S&P/TSX Composite Index (INDEXTSI:OSPTX) up for its first weekly loss in the month of June. Six of the six major sectors within the index had losing weeks, including the energy sector which dipped by 0.4 percent. The S&P/TSX Venture Composite Index (INDEXTSI:JX) opened Friday’s trading session at 584.67 points, down approximately 10 points on the week.