Tanzanian Royalty Exploration is trading 8.11% up at $1.05, supported by a strong precious-metals backdrop rather than a newly identified company-specific announcement.
- Gold reached a seven-week high after weaker U.S. jobs data reduced expectations for a September Federal Reserve rate hike; mining shares broadly advanced.
- Reuters reported the mining sector up 4%, while gold gained 4.8% for the week.
- Recent momentum includes gains of 16.66% on August 5 and 2.73% on August 6.