Trump trade war blows up big week for mining majors
A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.
Shares in Quebec-based Maya Gold & Silver up 10% after pouring first silver at Moroccan mine, one of only a handful of primary silver mines on the continent.
Keith Phillips, a managing director and head of Cowen & Company's Mining Investment Banking Group, says strong companies with solid balance sheets are on the hunt for precious metals development projects or small producers trading at steep discounts.
HIgh-grade maiden resource for 1 of 4 deposits Highland Copper wants to combine to restart mining in region where copper production dates back to 1845.