1. Clean Air Metals: Although this company had been struggling in recent weeks, it surged impressively this week by 85 percent. This has been attributed to a strong demand for nickel, copper and palladium, which the company mines in Thunder Bay, North Ontario.
2. New Found Gold Corp: Their shares spiked by 18 percent this week following the release of their latest drilling results which turned out to be important economic finds in their gold mines.
3. Pure Gold Mining: The company’s shares increased by 12 percent this week. This can be credited to the company’s successful drilling exercises and strong gold prices that have boosted investors’ confidence.
4. Taseko Mines Ltd.: The company’s shares increased by 11 percent this week following strong copper prices and the company’s successful implementation of strategies aimed at increasing production in its mines.
5. Ivanhoe Mines Ltd.: Despite several hurdles the company has faced in recent times, shares have seen an increase of about 8 percent this week. This is linked to its high-quality, long-life, uncorrelated assets, which are key attractions for investors.