INDUSTRY REPORT: The Weekly Dig – July 18, 2014

POSTED ON July 18, 2014 BY Haywood Mining Team
CATEGORY Haywood Securities,

This week proved to be a tumultuous one with increasing turmoil in Israel, further sanctions against Russia and a passenger jetliner shot out of the sky over Ukraine making global markets jittery.

In response to these events, gold rose above $1,300 per ounce after an early-week price plunge following Janet Yellen speech early in the week. Gold finished the week at $1,311 per ounce, while silver steadied at $20.93 per ounce. Platinum and palladium followed a similar trend, falling below $1,500 per ounce and $860 per ounce respectively, before finishing at $1,489 and $881 per ounce on Friday. Copper and nickel were both down for the week, falling 2.7% and 4% respectively and finishing at $3.19 and $8.43 per pound on Friday.

Highlights of this edition of the Weekly Dig includes:

Insights on drilling results from: Integra Gold, Encounter Resources and Gold Standard Ventures
Research on Asanko Gold's decision to build their West African gold mine, disappointing Q2 production numbers from B2Gold and Luna, Lundin Mining's first ore shipment from their Eagle mine in Michigan and an initiation report on Highland Copper Company.
Also, you'll read about other mining related news from companies such as Barrick, Argonaut, Cameco, Cordoba and others.
Plus you'll get all of the Haywood Mining Team's updated Comparables Tables.

Click here for the full report

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Haywood Mining Team

Canadian mining companies have been among the industry leaders, creating new exploration and development undertakings and drawing on their recognized production expertise to generate new opportunities. Our mining research team follows all segments of this sector, covering base and precious metal sectors for large and small-cap companies. Haywood's mining sector coverage also continually seeks opportunities in the dynamic Canadian junior market sector, one that has a rich culture in exploration and development. More →

gmark@haywood.com

Haywood Mining Team

gmark@haywood.com

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