Weekly Stock Market News - Issue #72

It was another busy week in the junior markets for us, we caught up with Mick Billing, Executive Chairman of Thor Mining (ASX:LON; THR) who called in to the studio to give shareholders an update.

Darren Hazelwood CEO of Panther Metals PLC (NEX:PALM)  came into the London studio to give shareholders a better insight into the recent announcement on the acquisition of additional ground surrounding the former little bear mine next to your Big Bear project.

We are watching with interest that China is ready to use rare earths to strike back in a trade war with the United States. China accounted for 80% of rare earth imports between 2014 and 2017 by the United States, which has excluded them from recent tariffs along with some other critical Chinese minerals.

Today we are seeing producing rare earth companies share price react to the looming trade war and a few smaller juniors could cash in. In particular we are looking at Mkango Resources, with a BFS underway at their Songwe Hill Rare Earths project in Malawi, US$11m cash in the bank, we may see  significant interest in the coming weeks, months ahead when you consider their market cap is under cash value. 

Announcements over the past 7 days: