Another Obscure Mining Stock Soars as Trump Administration Takes Stake

Key Takeaways Shares of Trilogy Metals (TMQ) skyrocketed on Tuesday after the Trump administration announced it would take a stake in the Canadian mining company, the latest in a string of government investments in industries deemed critical for national security. The White House on Monday afternoon said it was investing $35.6 million in Trilogy Metals "to support mining exploration in Alaska's Ambler Mining District.†The investment will give the federal government a 10% stake in the Vancouver-based miner. ...