City Investors Circle Annual Review
Has been published on the 31st December 2022.
This cover the best and worst performances of mining stocks we follow, commodities, and crypto.
We suggest the best metals to follow in 2023. Continue reading
Monthly Archives: December 2022
City Investors Circle Watchlist Additions
City Investors Circle Watchlist Additions
I am adding some new companies to our watchlist based on my opinion of their management team, jurisdiction, and newsflow potential. These are not recommendations, just companies we will be following.
In come Japan Gold, Skeena Resources, Tristar Gold, plus early stage stories Auteco Minerals and Barton Gold. Continue reading
Neometals’ Vanadium Recovery Project – Corporate Update
Neometals (ASX: NMT)
Has agreed an extension of its Co-operation Agreement with Critical Metals Ltd , in relation to the parties’ proposed vanadium recovery operation in Finland, to 28 February 2023.
Neometals is earning a 50% share in an incorporated JV to develop a vanadium recovery project with unlisted Scandinavian mineral development company, Critical Metals Ltd. Continue reading
City Investors Circle Watchlist Deletions
City Investors Circle Watchlist deletions
As the year ends it’s time to review companies listed on our watchlists, remove those companies that we longer feel so strongly in favour of, and adding in a few that have taken our fancy recently.
Out are going Banyan Gold, Fosterville South, Kootenay Silver, Los Cerros, Pure Gold Mining, Radisson Mining, and Tinka Resources. Continue reading
Canadian and UK Markets Are Closed Today
Markets Update Tuesday 27th December 2022
The Canadian and UK stock markets are closed today due to the Bank Holiday in both countries. They both reopen tomorrow, 28th December at normal times.
The US markets are open today. Continue reading
Mining Review 26th December 2022
Mining Review 26th December 2022
i-80 Gold and Rokmaster Resources both announced good gold discoveries, and Cyprium Metals announced an offtake prepayment facility of their Nifty Copper project. Continue reading
Merry Christmas from City Investors Circle
Merry Christmas from City Investors Circle – London
We would like to wish all our readers a relaxing and peaceful Christmas, and a healthy, prosperous, and Happy New Year for 2023.
It’s been yet another challenging year, and new challenges are testing us, but we have prevailed thus far, and we should remain positive moving into 2023. Continue reading
Argosy Minerals Produce 99.76% Lithium Carbonate
Argosy Minerals Limited (ASX: AGY)
Advised of further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with current commissioning works having produced battery quality 99.76% lithium carbonate product as part of the overall development towards commencing the 2,000 tpa lithium carbonate production operation. Continue reading
Colonial Coal says projects unaffected by Sukunka EA
Colonial Coal (TSX.V: CAD)
Following the slide in the company’s share price following the decision by B.C environmental authorities to decline the AE for Glencore’s Sukunka project, Colonial Coal have issued a clarifying news release.
The Sukunka decision has no effect on CAD’s B.C. projects. Continue reading
Cyprium Announce a US$35M Secured Offtake Prepayment Facility for Nifty
Cyprium Metals (ASX: CYM)
Announced that it has signed an exclusive Term Sheet with Transamine SA for US$35 million in respect of a Copper Cathode Offtake Secured Prepayment Facility.
This Offtake Prepayment Facility is part of the targeted AU$240 million to AU$260 million debt funding package to finance the restart of the Nifty Copper Project in WA. Continue reading
I-80 Gold Finds More High Grade Mineralization at Ruby Hill
i-80 GOLD CORP. (TSX: IAU)
Reported the discovery of high-grade zinc mineralization from the first hole drilled to test the “Hilltop Corridor” at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada.
The first hole testing the Hilltop Corridor (iRH22-61) intersected high-grade mineralization grading 12.3% Zinc over 39.6 metres. Continue reading
Rokmaster samples 18.26 g/t Au Eq over 3.5m
Rokmaster Resources (TSX.V: RKR)
Reported final assay results from the 2022 prospecting programs on it’s 100% owned Revel North Properties, extending more than 40 km NW of Revel Ridge.
The highlight was 18.26 gpt gold equivalent over 3.5 metres. Continue reading
Uranium Energy Reports Q1 Results 2023
Uranium Energy Corp (NYSE: UEC)
Reported, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended October 31, 2022 with the U.S. Securities and Exchange Commission.
Highlights included Industry leading growth with two accretive acquisitions of UEX Corp., and Rio Tinto’s world-class, development-stage Roughrider Project. Continue reading
Mining Review 18th December 2022
Mining Review 18th December 2022
Panama was the focus of the mining world this week as the government of that Central American country withdrew the mining licence for the El Cobre copper mine after failing to come to an agreement with owner First Quantum Minerals.
Ascot Resources, Calidus Resources, Cornish Metals, and Maple Gold Mines all made news this week. Continue reading
Lithium Power’s Maricunga Deal Imminent
Lithium Power Intl.(ASX: LPI)
Updated on the consolidation of 100% ownership of LPI’s flagship Maricunga lithium brine project in Chile.
The consolidation is due to complete “imminently”, according to the company. Continue reading
Cornish Metals Issues 9 Month MD & A
Cornish Metals (TSX.V / AIM: CUSN)
Released its unaudited financial statements and management, discussion and analysis (“MD&A”) for the nine months ended October 31, 2022.
Cornish Metals is a mineral exploration and development company focused on its projects in Cornwall, United Kingdom. Continue reading
Newcore Gold Enchi Work Update
Newcore Gold (TSX.V: NCAU)
Provided an update on work programs and exploration activities underway at the Company’s 100% owned Enchi Gold Project in Ghana.
Current activities focused on de-risking and advancement of the Project include the completion of an updated Mineral Resource Estimate to be released in January 2023. Continue reading
Maple Gold Intersects Near Surface Gold
Maple Gold Mines (TSX.V: MGM)
Reported complete assay results for four drill holes and partial assay results for five (5) additional drill holes from the Company’s ongoing 2022 drilling at its 100%-controlled Eagle Mine Property located in Québec, Canada. Continue reading
Ascot Resources Announce Mine Financing
Ascot Resources (TSX: AOT)
Announced the Company has entered into non-binding letters of intent for a total of approximately C$200 million in project financing for construction of the Premier Gold Project, located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Calidus Resources Upbeat Presentation
Calidus Resources (ASX: CAI)
MD David Reeves presented an upbeat update on the company’s progress to work through their initial teething problems at the Warrawoona Gold Mine, in the Pilbara, Western Australia.
The proposed Pirra Lithium spin out was also discussed briefly. Continue reading