City Investors Circle – London
The CIC London Market Review for January 2020 has just been published.
To read, please click HERE
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City Investors Circle – London
The CIC London Market Review for January 2020 has just been published.
To read, please click HERE
To subscribe for our free newsletter and for information about our events, click HERE Continue reading
Colonial Coal {TSX.V:CAD}
Has been trading high volumes of shares over the last few days.
Over 4 million shares have traded in the last three days, and the price is holding steady. Continue reading
Irving Resources {CSE: IRV}
Provided assays from five shallow diamond drill holes completed at its Omui mine site, part of its 100-per-cent-controlled Omu gold project, Hokkaido, Japan, in late 2019. Continue reading
Scorpio Gold Corp. (TSX-V: SGN)
Announced the signing of a Toll Milling Agreement between the Company’s affiliate, Goldwedge LLC, and Lode-Star Mining Inc.
The Agreement will allow for the processing of ore delivered from Lode-Star’s mining properties to Scorpio Gold’s 400 ton per day Goldwedge milling facility located in Manhattan, Nevada. Continue reading
Far Resources Ltd {CSE: FAT}
Far, and its partners BattMat Technologies, Inc. and Electric Blue Power, announced commencement of fabrication and testing of the first prototype units of its VAB Controller© (Vehicle Automated Battery/Block Controller and Monitoring System), thus meeting a key milestone towards commercialisation and revenue generation. Continue reading
OneCoin
New Zealand authorities are investigating the involvement of Samoan churches promoting OneCoin to their parishioners.
US authorities have also allowed former OneCoin founder Ruja Ignatova to be served via alternative service via the OneCoin Dubai office, and her previous email address. Continue reading
Coronavirus will impact miners and metal prices
China has confirmed that the coronavirus contagion is spreading, with 15 cities now under quarantine.
This is going to hugely impact commerce in China, and by default, mining companies as metal prices are already starting to slip as anticipated demand is lowered during the crisis. Continue reading
Neometals Ltd (ASX: NMT)
Provided an update on its Barrambie Titanium and Vanadium Project.
The Company has successfully produced high purity (>98%) titanium hydrolysate (hydrated titanium dioxide ‐ TiO2.2H2O) from the titanium recovery stage of its Australian pilot plant trial. Importantly, titanium recovery from Barrambie concentrate exceeded 90%. Continue reading
Cabral Gold {TSX.V: CBR}
Released results from an additional four diamond drill holes from the phase 2 drilling program at the Cuiu Cuiu project, Para State, Brazil.
This was designed to test the continuity of high-grade zones within the MG (Moreira Gomes) deposit, ans included 14.2 m of 6.7 g/t Au. Continue reading
GoldMining Inc. {TSX: GOLD / OTCQX: GLDLF}
Announced it has been named to the 2020 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
Gold also announced an Investor Relations Agreement. Continue reading
Cabral Gold {TSX.V: CBR}
Provided a summary of the 2019 corporate highlights and accomplishments.
The Company continues to work towards unlocking the high-grade potential of its 100% owned Cuiu Cuiu Gold Project in Para, Brazil, and has made a number of new discoveries in 2019 on the project. Continue reading
Canuc Resources Corp. {TSX-V: CDA}
Provided an update on the previously announced Partnership Agreement with an Internet of Things (IoT) service provider firm.
Canuc is currently in talks with oil & gas production and service companies, and with mining companies that have operations in western Canada. Canuc is expecting to bring new clients to Ioticiti within the first quarter of 2020. Continue reading
Zen Graphene Solutions {TSX.V: ZEN}
Has issued shares to clear a CAD$17,000 debt. Continue reading
Tinka Resources {TSX.V: TK}
Sentient Global Resources Fund IV LP has filed an early warning report in respect of its holdings in Tinka Resources Ltd..
On January 13, 2020 Sentient IV, exercised its pre-existing participation rights in respect of a private placement financing previously announced by Tinka on December 19, 2019, Sentient IV acquired for 10,288,066 common shares of Tinka at an aggregate price of C$2.5 million (or a price of C$0.243 per share). Continue reading
Strongbow Exploration Inc.{TSX.V: SBW}
Plans to raise $2-million through a non-brokered private placement of 40 million units of the company, priced at five cents per unit.
Each unit comprises one common share and one-half of one common share purchase warrant priced at 7 cents. Continue reading
Thor Mining Plc (AIM, ASX: THR)
Advised gold, nickel, and chromium assays from preliminary geochemistry reconnaissance at its 100% owned Pilbara Goldfield tenements in Western Australia..
The program comprised stream sediment samples from 44 sites. Continue reading
Wesdome {TSX: WDO}
Reported production from the The Eagle River complex in the fourth quarter of 2019 totalled 21,332 ounces of gold, representing an increase of 24 per cent from the same period last year.
Full-year 2019 production of 91,688 ounces of gold as compared with 71,625 ounces of gold production of fiscal 2018 represents a 28-per-cent increase year on year and an almost a twofold increase since 2016. Continue reading
Tinka Resources Ltd. {TSX.V: TK}
Announced the closing of the CAD 18.5m strategic private placement financing announced on December 19, 2019.
They also announced a new board member.
Palladium
The price has hit another all time high today of $2,118, up $2 fro the last trading day as the price rises inexorably.
This is due to a tightness in supply, caused by auto manufacturers. Continue reading
OneCoin scam
The lover (or former lover) of OneCoin founder Dr. Ruga Ignatova is reported to be co-operating with the FBI in relation to the OneCoin scam, according to a report in the Daily Record.
OneCoin is still operational in some jurisdictions, such as Uganda, and is believed to have cost investors in the ponzi scheme between $4 billion and $12 billion. Continue reading