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

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


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 metresContinue 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

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

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