NA Proactive news snapshot: Snowline Gold, Endeavour Mining, Playgon Games, KULR Technology Group UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF) has said that it will initiate a fully funded 2021 exploration program in the first week of June at its flagship Einarson and Rogue projects in Yukon’s metal-rich Selwyn Basin, in Canada. The Yukon territory-focused gold exploration company said that discovery-stage drilling at Einarson and Rogue is designed to follow up multiple zones of high-grade gold found on surface, which included up to 34 grams per metric ton (g/t) of gold at Einarson, and up to 152 g/t gold at Rogue. “Geological programmes will also include the assessment of structural and lithological controls on mineralization in the region,” said the company.
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What happened
Shares of
Great Panther Mining Limited (NYSEMKT:GPL) fell right out of the gate on Tuesday, dropping as much as 14% in the first hour of the trading day. Based on a news update from the company, the drop appears warranted.
So what
Before the market opened today, Great Panther provided an update on development efforts at its Tucano asset, a wholly owned mining operation in Brazil. Simplifying things a little bit, heavier-than-normal rains impacted mine slope stability in a portion of the mine. For safety reasons the company has halted activity at some of its operations in the area. The company is working to resolve the issue.
FTSE 100 ends lower while Wall Street slips from best levels after mixed US economic data
The UK blue-chip index drifted to a negative finish, while US investors try to assess the latest housing and confidence figures Commodity companies lose ground
US stocks lose nearly all their early gains
UK public finances scarred by pandemic costs
5.02pm: FTSE softly lower at market close
The FTSE 100 closed Tuesday down 22 points, 0.3%, at 7,030, while the FTSE 250 shed 45 points, 0.2%, to 22,439.
The DAX has been the outperformer on a largely slow day, with the German Ifo hitting a two-year high, IG Senior Market Analyst Joshua Mahony wrote. On the UK front, reflation stocks have performed well, while miners continue to lose ground.
FTSE 100 ends lower while Wall Street slips from best levels after mixed US economic data
The UK blue-chip index drifted to a negative finish, while US investors try to assess the latest housing and confidence figures Commodity companies lose ground
US stocks lose nearly all their early gains
UK public finances scarred by pandemic costs
5.02pm: FTSE softly lower at market close
The FTSE 100 closed Tuesday down 22 points, 0.3%, at 7,030, while the FTSE 250 shed 45 points, 0.2%, to 22,439.
The DAX has been the outperformer on a largely slow day, with the German Ifo hitting a two-year high, IG Senior Market Analyst Joshua Mahony wrote. On the UK front, reflation stocks have performed well, while miners continue to lose ground.