West Wits releases positive DFS

West Wits releases positive DFS

Markets were generally well behaved last week, ending on a positive note with the gold price edging higher. Rare earth stocks continued to attract attention while uranium equites saw another wave of buying as the uranium price hit a five year high of US$35/lb. The iron ore price slide continued.

Last week we saw a smattering of companies in the Mines & Money Online Conference that included Australian, Canadian and London listed companies. We have provided some vital statics on these along with a very brief comment. We will cover more companies in subsequent Weeklies. In many cases I have earmarked these for further research and perhaps a detailed commentary, depending upon what I learn. I have also added brief comments on some other companies that presented to me during the week.