Top High Volume Trading TSXV Stocks
Here are some of the top trading TSXV stocks for the week ending on May 17.
Lithium Battery Technology Developments
Lithium – Batteries are going to drive the future of lithium, according to international research firm Roskill.
Will China’s “Control Coal” Policy Impact the US?
Coal – China's "control coal" policy may not bode well for the United States, which plans to ship the fossil fuel to Asia via West Coast terminals.
Weekly Round-Up: Strong US Dollar Weighs Down Commodities
A strong US dollar has pushed down most commodity prices this week with gold, silver and oil posting losses.
Company News
Alabama Graphite Reports Final Assays Results from 2012 Drilling Program at Coosa
Graphite – Alabama Graphite Corp. (CNSX:ALP,US:ABGPF) announced assay results from the remaining core holes from its 2012 drilling program at the Coosa Graphite Project, Alabama.
James River Coal Shares Rise to Highest Level in Two Months
Coal – Bloomberg reported that shares of James River Coal Co. (NASDAQ:JRCC) rose to a two-month high, gaining 16 percent to reach $2.58, following the company's decision to exchange around "$243.4 million of convertible bonds for $123.3 million of new notes due in 2018."
Marengo’s PNG Copper-Moly-Gold Project Stalls on Power Supply Issues
Moly – Marengo Mining Ltd. (TSX:MRN,ASX:MMC) provided an update on its Papua New Guinea-based Yandera copper-molybdenum-gold project, commenting that before a final feasibility study can be prepared, the company needs to identify an alternative cost-competitive source of power for the project. That's because Marengo's preferred third-party power provider has backed out of the proposed arrangements for power supply.
Striking South African Lonmin Workers Return to Work
Platinum – AllAfrica reported that 83 percent of workers striking at Lonmin plc's (LSE:LMI) South Africa-based Marikana mine went back to work on Wednesday night. They had been ordered back to work earlier in the day by the president of the Association of Mine Workers and Construction Union.
Company Videos
INN Video: Mines Management CEO Glenn Dobbs on Mining in Montana
Gold – Mines Management (TSX:MGT) Chairman and CEO Glenn Dobbs spoke to Resource Investing News about the Montanore Project near the town of Libby in Montana.
INN Video: James McDonald of Kootenay Silver Provides Updates on Promontorio
Silver – Kootenay Silver (TSXV:KTN) President and CEO, James McDonald spoke with the Investing News Network during PDAC in Toronto on the Company's flagship Promontorio project.
INN Video: Mark Premo of Avanti on the Coming Year at the Kitsault Mine
Moly – Avanti Mining Inc. (TSXV:AVT) COO, Mark Premo spoke with the Investing News Network about the company's flagship Kitsault project in BC. Mr. Premo comments on the recent award of a provincial environmental certificate, which enables the Company to move forward with the permitting process at the project.
INN Video: William Lamb of Lucara Diamond Corp. on Botswana As the Best Jurisdiction for Diamond Production
Diamond – Lucara Diamond Corp. (TSX:LUC) CEO, William Lamb spoke with the Resource Investing News Network about working in diamond production in Botswana. Mr. Lamb comments “In terms of Diamond production, Botswana would be by far, the best jurisdiction to work in.”
Market News
Zinc Price Up 0.6 Percent
Zinc – FastMarkets reported that zinc is up about 0.6 percent, noting that in the sell off that has taken place recently it is the only metal that has breached the low that it hit in April.
Graphene-boron Mix Promising for Lithium-Ion Batteries
Lithium – Phys.org reported that calculations made by Rice University showed that a graphene-boron anode should be able to hold a lot of lithium and perform at a proper voltage for use in lithium-ion batteries.
US Palladium Bar Price Up 4.6 Percent This Week
Palladium – MetalMiner reported that the US palladium bar price increased by 4.6 percent this week, the third week in a row that the price of the metal has risen.
BMO: Diamond Prices to Rise 6 Percent a Year to 2020
Diamond – Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
