5 Top Weekly TSX Stocks: Dalradian Resources Surges After Buying Smelter Royalty
Last week’s other top-gaining TSX stocks were Katanga Mining, Sherritt International, eCobalt Solutions and Alamos Gold.
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Last week’s other top-gaining TSX stocks were Katanga Mining, Sherritt International, eCobalt Solutions and Alamos Gold.
Last week’s other top-gaining TSX stocks were Mega Uranium, Avesoro Resources, Largo Resources and Corvus Gold.
Last week’s other top-gaining mining stocks on the TSX were Nautilus Minerals, Arizona Mining, Largo Resources and Coro Mining.
Last week’s other top-gaining mining stocks on the TSX were Lithium Americas, Pilot Gold, INV Metals and Laramide Resources.
A sinking iron ore spot price and an attack on oil fields in Iraq pushed the Australian Securities Exchange to a lower finish this week.
The Australian Securities Exchange rose 12.9 points or 0.24 percent to 5,422.8 points on Friday, according to The Sydney Morning Herald.
The Australian Securities Exchange closed at 5,349.7 points today, down 18.2 points from the last session
The CEO of Aquila Resources (ASX:AQA, TSX:AQA) expects that continued growth in Chinese steel production will support the price of iron ore even while analysts are predicting a glut due to oversupply, Mining Weekly reported.
Reuters reported Aquila Resources (ASX:AQA) is scrambling to cut planned spending on an Australian iron ore project after cost estimates jumped a quarter to A$7.6 billion.
Falling zinc prices continue to weigh on miners’ profits and news of softening Chinese demand has not helped the situation. But despite the slide, juniors and majors are still gearing up for the eventual supply crunch.
Reuters Africa reported that Aquila (ASX:AQA) has been blocked from voting on a joint venture coal plan.
Bloomberg reported that Aquila Resources (ASX:AQA) is looking to raise money by selling its Avontuur manganese asset.
Bloomberg reported that Aquila’s (ASX:AQA) sale of the Washpool coal project has many interested buyers.
Mining Weekly reported that Aquila Resources (ASX:AQA) announced a significant increase to resources at the Eagle Downs project in Queensland.
