INDUSTRY REPORT: The Weekly Dig – July 25, 2014

POSTED ON July 25, 2014 BY Haywood Mining Team
CATEGORY Haywood Securities,

Despite ongoing tensions in the Ukraine and Gaza, gold fell below the psychological barrier of $1,300 per ounce on Thursday following improved U.S. economic reports showing better employment, Consumer Price Index, and housing data. In other news, platinum, palladium, and silver all fell slightly, finishing at $1,477 per ounce platinum, $879 per ounce palladium and $20.75 per ounce silver. Base metals all rose slightly, each finishing the week at $3.24 per pound of copper, $8.68 per pound of nickel, $1.09 per pound of zinc, and $1.02 per pound of lead.

Highlights of this edition of the Weekly Dig includes:

Exciting drilling results from the three C's: Cayden, Condor and Constantine.
Analysis of: IDM Mining's Preliminary Economic Assessment for their high-grade Red Mountain project as well as updated resource estimates from Wellgreen Platinum and Indico Resources.
You'll also get to see who raised money this week in the junior mining sector.
Plus you’ll get the always informative 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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