Categories: Base Metals / Energy / General Market Commentary / Precious Metals
Topics: General Base Metals / General Energy / General Market Commentary / General Precious Metals

RSD Weekly Recap: Midas Gold (TSX: MAX), Cordoba Minerals (TSX-V: CDB), Mawson Resources (TSX: MAW)

This is Gerardo Del Real with the Resource Stock Digest weekly recap.

Gold was relatively flat last week, gaining a dollar and settling at $1,323 an ounce.

Silver closed at $16.56 an ounce for a weekly gain of 0.4%.

The dollar closed at 90.13 for a weekly gain of 0.2%.

Copper managed to pick up three cents for the week, settling at $3.14/lb.

Platinum was flat, settling at $963 an ounce.

Palladium gained 0.8% and settled at $992 an ounce.

Zinc lost another five cents, closing at $1.48/lb.

Oil managed a 1% weekly gain, settling at $62.05/barrel.

Uranium was also relatively flat, closing at $22.00/lb.

Midas Gold (TSX: MAX) CEO Stephen Quin went over the recent bipartisan support that the Stibnite project received from the Idaho legislature. He also provided an update on the recent metallurgical work and improved economics at Stibnite.

Cordoba Minerals (TSX-V: CDB) CEO Mario Stifano discussed the share price performance of Cordoba, outlined the details of the updated resource estimate and went over the next steps at the San Matias district.

Mawson Resources (TSX: MAW) CEO Michael Hudson talked about the recent high-grade results from the district scale land package in Finland.

That’s all for this week. This is Gerardo Del Real with the Resource Stock Digest weekly recap.