Resurgence of Metals & Mining in both ASX / TSX Boards

Independent Investment Research (ASX: ASX)

SYDNEY, NSW, AUSTRALIA, March 12, 2017 /EINPresswire.com/ -- The momentum continues for junior resources

The junior resources market is continuing the momentum that we saw in 2016. Although we saw the gold price, which has been one of the main drivers of the recovery in the sector, fall in the latter part of the year, it has now recovered and is trading at around a healthy US$1,240/oz. We have also now seen sustained recoveries in the prices of the major base metals, copper lead and zinc, with zinc being the standout. All this, along with the continuing interest in the so called “battery” resources, lithium, graphite and more lately cobalt has proved positive for investors; and has brought life back into the market after the five years of pain from 2011 to 2016. Our review of 2016 and forecasts for 2017 are covered in our 2nd “Blue Book”, which also covers the 60+ companies who were at the 121 Group’s recently held Cape Town Conference. This largely includes companies listed in Australia, Canada and London, and with 80% having their focus on Africa. More information can be accessed via www.independentresearch.com.au or our Daily News website being http://news.independentresearch.co . The full report covering these companies can be accessed on https://www.livewiremarkets.com/wires/34735

Anton D'Silva
Independent Investment Research
+61280016693
email us here

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