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

RSD Weekly Recap: Riverside Resources (TSX-V: RRI)

June 13, 2017

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

Gold closed at $1,266 for a 1% loss. Silver also traded lower, closing at $17.17 an ounce, down nearly 2% for the week.

Platinum closed at $937 an ounce, down 1.6% for the week but palladium hit a 16-year high, surging past the $900 level.

Copper closed at $2.62/lb. for a weekly gain of approximately 2.4%.

Zinc closed at $1.12/lb.

Oil continued lower, losing nearly 4% for the week while uranium was pretty much flat, closing near the $20/lb. level.

I spent a couple of days at the 121 Mining Investment Conference in New York which was well organized, well attended and had great presenters.

In between meetings and presentations I had the opportunity to chat with Riverside Resources (TSX-V:RRI) CEO John-Mark Staude, who shared details of the exploration program at its Cecilia project in Sonora, Mexico and upcoming drill results at Glor.

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