City Investors Circle – London
Market Review for April 2020 has been published.
Topics include gold and precious metals, where to invest in a bear market, and a review of featured stocks and sectors, including coverage of new gold stocks.
To read the April 2020 Review please click here
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Nouveau Monde Graphite Inc. {TSX.V: NOU}
Announced that it has received non-dilutive financial leverage totaling $5,206,905 to advance its business strategy./
These amounts in the form of grants and loans will be invested in particular to create a graphite purification demonstration plant to qualify Nouveau Monde’s value-added products as anode material for lithium-ion batteries. Continue reading
Lithium Power International (ASX: LPI)
Submitted its quarterly Activity Report for the period ended 31 March 2020.
The highlight was on 4 February 2020, the Maricunga Project’s Environmental Impact Assessment (EIA) was approved by Chilean authorities following a 15-month review process. Continue reading
Gold Road Resources (ASX: GOR)
Held an online conference to run through their Q1 2020 earnings.
The transcript of that call is now available. Continue reading
European {World} Gold forum online.
The regular European Gold Forum run by the Denver Gold Group ran last week, and is a show I enjoy travelling to Zurich each year to attend, despite the high costs of doing so!
This year, because of the covid-19 virus, the conference was run entirely online, and to my surprise it worked very well, with no technical hitches. Here are my thoughts. Continue reading
Orla Mining {TSX: OLA}
Confirmed that all activities with their Camino Rojo project in Zacatecas are proceeding “on track” with employees working remotely due to covid-19 restrictions.
Camino Rojo is an open pit gold and silver project that lies 30 miles south of Newmont’s Peñasquito mine.
Continue reading
Gold Road {ASX: GOR}
Published their Q1 2020 results to the 31st March, showing steady progress, despite some operational and weather issues experienced during the quarter.
The highlight was 59,595 ounces produced*(GOR 50%) at attributable AISC of A$1,135/oz, equivalent to approximately US$ 721 at current exchange rates. Continue reading
Cabral Gold {TSX.V: CBR}
Announced additional results from rock samples collected as part of the current regional surface sampling program within the eastern part of the Cuiú Cuiú gold project in Brazil, and the identification of another new and previously unknown high-grade target called Medusa. Continue reading
Irving Resources {CSE: IRV}
Announced it has recently completed four diamond drill holes at Omu Sinter and has now resumed drilling at Omui Mine Site, both targets being part of its 100% controlled Omu Gold Project, Hokkaido, Japan.
Following review of the COVID-19 situation in the Omu region, an area where no confirmed cases have been reported, Irving has decided to continue exploration. Continue reading
Scorpio Gold {TSX.V: SGN}
Has elected to settle its semi-annual interest payment on its US$7,175,000 secured subordinated convertible debentures. The interest payment date is April 27, 2020 and the interest payment record date is April 20, 2020.
Subject to the approval of the TSX Venture Exchange the Company will issue a total of 6,368,600 common shares to settle its semi-annual interest payment of US$361,699. Continue reading
Wesdome Gold Mines {TSX: WDO}
Published its gold production results for Q1 2020, with output of 25,122 ounces, a 32% increase from 19,010 ounces in the same period in 2019. Sales rose 41% YOY to 26,500 ounces from 18,760. Continue reading
Strongbow Exploration {TSX.V: SBW}
Received the final assays for the overlimit copper assays from the high-grade discovery at the United Downs project, Cornwall, U.K
Three samples within the 14.69 m intercept reported assays greater than 20 per cent copper. Continue reading
Silver
An estimated 40% of world silver mine production has been suspended due to mine closures ordered by the Peruvian and Mexican governments as part of their states of emergency due to the covid-19 virus.
The Peruvian is expected to extend the lockdown, due to expire on the 26th April, for another two weeks. Worryingly, the number of new coronavirus cases in both Peru and Mexico is rising exponentially. Continue reading
Denver Gold Show – Zurich
This year’s Denver Gold Show in Zurich, the European God Forum, has been cancelled, and replaced by an online “World Gold Forum”
Presenting companies numbers are around 30% down on last year. Continue reading
Tyranna Resources {ASX: TYX}
TYX are looking to focus on their newly acquired nickel projects, Dragon and Knight,as they seek to find a toll miner for their Eureka gold project north of Kalgoorlie, and the sale of their Jumbuck gold project. Continue reading
Minera Alamos {TSX.V: MAI}
We are initiating coverage of Minera Alamos, a gold development company based in Sonora, Mexico.
Minera are funded to completion of their of their first project, and due to produce gold later in 2020. Continue reading
Enviroleach {CSE: ETI}
At the request of IIROC (Investment Industry Regulatory Organisation of Canada), Enviroleach Technologies Inc. is confirming that the company’s management is unaware of any material change in the company’s operations that would account for the recent increase in market activity. Continue reading
Happy Easter
We wish all our readers a peaceful and safe Easter.
This is probably the saddest and most challenging time of our lives.
It’s a perfect time to reflect on the sacrifices being made on our behalf by the people putting their lives on the line for our benefit, in particular our brave NHS staff, but not forgetting shop workers, transport staff, and the people processing the food we buy.
Stay safe and well, wear a face mask, and keep washing your hands. Continue reading
Market news – Monday 13th April
US equity markets are open
The COMEX is open.
European equity markets are closed
LBMA is closed. Continue reading
Canuc Resources {TSX.V: CDA}
Issued a shareholder update, outlining steps taken by the company due to the covid-19 pandemic.
Shareholders are encouraged to contact the company directly during the crisis. Continue reading
