Despite continued weakness in the mining sector, the Ubika Mining 20 Index (UM 20) slipped just 2.0% for the month, compared with a 9.4% drop by the TSX Mining Index. Allana Potash Corp. (TSX: AAA) was the top component company during this time, surging 25% after the potash project developer received a C$137 million cash-and-stock takeover offer from Israel Chemicals.
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