Mining Review 15th December 2024

image_pdfimage_print

Mining Review 15th December 2024

The big news this week was that one of our companies, O3 Mining, has been acquired by Agnico Eagle in a friendly takeover.

Capricorn Metals, Orla Mining, and pacgold all released good exploration results.

 

 

.

Orla Mining

 

City Investors Circle Mining Review 15th December 2024

Gold had a positive week, due to the US dollar falling slightly. Most industrial metals fell due to Chinese economic concerns.


.

The big news this week was that one of our companies, O3 Mining, has been acquired by Agnico Eagle in a friendly takeover.

This was hardly a surprise due to the proximity of O3’s Marben project to the giant Canadian Malartic mine owned by Agnico Eagle.

Capricorn Metals, Orla Mining, and Pacgold all released good exploration results.

 

/

All the news from our watchlist companies can be found below, click the link to read the full story.

  Orla Mining Expanded High-Grade Mineralization 800 Metres

  O3 Mining is to be Acquired By Agnico Eagle in Friendly Transaction

  Capricorn Metals Significantly Expanded the Karlawinda Project Tenure

  Pacgold Reported Positive Progress at Alice River

  Perpetua Resources and Sunshine Silver Announced an Agreement

  UEC Acquired Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets

  Mining Review 8th December 2024

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2105 1.74%
Gold 2649 0.61%
Silver 30.58 -1.35%
Palladium 960 -0.58%
Platinum 925 -0.94%
Rhodium 4575 0.00%
Copper 4.1 0.74%
Nickel 7.25 1.40%
Zinc 1.39 -1.42%
Tin 13.39 2.29%
Cobalt 10.91 0.00%
Manganese 2.9 0.00%
Lithium 10050 -0.73%
Uranium 76.6 -0.78%
Iron Ore 105 0.38%
Coking Coal 204.5 -0.24%
Thermal coal 133.5 8.10%
 
 
Metal ETFs Price Weekly % change
GLD 244.29 0.55%
GDX 36.65 -0.46%
GDXJ 47.01 -0.63%
Sil 36.29 -5.47%
SILJ 11.7 -0.76%
GOEX  (PCX) 32.35 -1.61%
URA 29.39 -7.58%
COPX  40.94 -2.48%
HUI  297.79 4.02%
Gold / Silver ratio 86.63 -1.93%

#

.

.=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness,and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.D