Mississauga, ON -- (SBWIRE) -- 03/07/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Serengeti Resources Signs Binding Agreement For Company's Copper-Gold Project, Shares Up 400% From Late 2015."
Companies mentioned in this article include BHP Billiton Limited (NYSE:BHP), Rio Tinto (NYSE:RIO) and Serengeti Resources Inc. (TSX-Venture:SIR).
Mining stocks have risen sharply in trading today, driven by a rally in commodities. Iron ore prices registered huge gains today amid expectations that China will announce further stimulus measures.
Among the major mining stocks, BHP Billiton Limited (NYSE:BHP) was a big gainer. Shares of the mining company were up more than 5%. BHP though remains attractively valued. The stock is still offering a dividend yield of more than 5%. BHP's Australian rival Rio Tinto (NYSE:RIO) has also risen sharply in trading today. At last check, RIO was up 5.67%. RIO has gained more than 12% in the last three trading sessions alone. Like BHP, Rio is also offering an attractive dividend yield of 6.05%.
In the junior mining space, one of the biggest gainers in trading today is Serengeti Resources Inc. (TSX-Venture:SIR). Based in Vancouver, Canada, Serengeti is a mineral exploration company currently advancing its Kwanika copper-gold project and exploring its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia.
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