Monthly Market Review May 2021

City Investors Circle Monthly Market Review May 2021

Mining stocks and the metals have enjoyed a wonderful May, virtually everything has moved in a positive direction, driven by a rising gold price and stimulus spending.

The review has comments on Ascot Resources, Orla Mining, Newcore Gold, Augusta Gold, Trillium Gold, Mako Mining, the potential of Ecuador as a new source of large scale copper projects, gold, copper, and iron ore. Continue reading

Mining Review – Weekly Update 16th May

 Mining Review – Weekly Update 16th May 2021

Iron Ore prices continue to fall after the recent all time highs recorded in China, with the Dalian Commodities Exchange futures dropping the daily limit, and ending the session 3.6% down on Friday.

Workers at two of BHP’s large copper mines in Chile have rejected managements’ offers , and have voted to strike. The price of copper could well move higher until these disputes are resolved. Continue reading