In the Tip TV Mining episode for the week, we look at the commodities’ price performance, mining stocks, and the leaders and laggards in the industry with Bonnie Hughes, Natural Resources Forecaster, and Charlie Gibson, Head of Mining, Edison Research.
The commodities have had a wild run after the Doha meeting, especially oil. While the gyrations continue and support the global equities, the weekly performance suggests that oil and iron ore are at the bottom of the table, with the precious metal platinum being the top weekly performer.
Gibson and Hughes continue to look at the key fundamental news for a few mining stocks - Noricum Gold (LON:NMG), Serabi Gold (LON:SRB), Rio Tinto (LON:RIO), Goldfields (NYSE:GFI), SnipGold (V:SGG), McEwan Mining (NYSE:MUX).
Highlighting the leaders and laggards in the mining industry on a weekly basis, Gibson also looks at the YTD performance in the FTSE 100, noting that the top spot has been retained by the UK miners, while the banking stocks occupy the bottom spots.