Westhaven Gold (TSX.V: WHN) is pleased to announce initial drill results from its recently completed drill campaign at its 100% owned Skoonka Creek gold property.
Skoonka Creek is located within the prospective Spences Bridge Gold Belt (SBGB), a four-hour drive from Vancouver, and 12 km northeast of Lytton, BC. Continue reading
Calidus Resources (ASX: CAI) is pleased to declare commercial production at the Warrawoona Gold Project. The processing plant is now operating at nameplate capacity.
A total of 191,000t @ 0.85g/t was processed in December with 5,053 ozs of gold produced. Continue reading
Uranium Energy Corp (NYSE: UEC)
Has won a $17.85 million award to supply 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the U.S. Department of Energy – National Nuclear Security Administration.
The award is in response to the NNSA’s Request for Proposals to establish its strategic national Uranium Reserve program. Continue reading
Neometals (ASX / AIM: NMT)
Announced that Primobius GmbH, the joint venture company owned 50:50 by Neometals and SMS group GmbH, has executed revised agreements with Stelco Holdings Inc.
Stelco Holdings Inc. and Primobius have agreed term extensions for the technology license and lithium-ion battery recycling JV option agreements entered into in late 2021
Mining Review 8th January 2023
Gold and silver have risen strongly this week, gold is now at US$1866.
Some of our stocks were lively in the first week of trading after the Canadian tax loss selling season ended, with Karora, Minera Alamos, and Orla Mining performing well. Continue reading
City Investors Circle
The first few days of the new year have started well for precious metals, with gold and silver up and trading strongly.
Some of our watchlist stocks have had a good first week, with i-80 Gold, Karora Resources, Minera Alamos, and Orla Mining all rising strongly. Continue reading
Skeena Resources (TSX / NYSE: SKE)
Has closed a royalty sale with Franco-Nevada Corporation pursuant to which Skeena granted a 0.5% net smelter returns royalty on the Eskay Creek gold-silver Project to Franco-Nevada in exchange for a closing cash consideration of C$27 million and contingent cash consideration of C$1.5 million. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Has been featured in a recommendation by Sprott Research.
Sprott say UEC is “supplanting Cameco as the go to Uranium stock”. Continue reading
Osisko Development (TSX.V: ODV)
Announced the results of an independent Feasibility Study (“FS” or the “Technical Report”) prepared by BBA Engineering Ltd. in accordance with NI 43-101 for the Company’s 100%-owned Cariboo Gold Project, located in central British Columbia. Continue reading
Argosy Minerals (ASX: AGY)
Advised of further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 98% of the total works completed for the development of the 2,000 tpa lithium carbonate production operation, including current commissioning works at 90% completion, during which the Company has produced battery quality 99.76% lithium carbonate product, towards commencing lithium carbonate production operations. Continue reading
Stock Markets not trading today.
The Canadian, UK, and US stock markets are all closed today, Monday 2nd January 2023, due to New Year, in lieu of Sunday, a non trading day.
They all resume trading at their regular times on Tuesday 3rd January 2023. Continue reading
Happy New Year
City Investors Circle wish all their readers a happy, healthy, and prosperous 2023.
As the New Year arrives we should approach it with optimism, and hope. Continue reading
