Otmane El Rhazi : EY’s Mining Eye index climbs first time in a year

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

ofessional services firm EY’s Canadian Mining Eye index has gained 4% during the three months ended June, recording a gain for the first time since the second quarter of 2014, compared with a 1% decline in the first quarter. The index outperformed the S&P/TSX Composite index, which slipped 2% during the quarter, while the London Metal Exchange index (LMEX) declined 5% over the quarter. EY’s AIM-based Mining Eye rose 13% during the second quarter.