Mining Review 16th March 2025
A busy week with Awale Resources, Cabral Gold, Meeka Metals and Ora Banda Mining all releasing positive drill results.
Gold briefly touched $3,000 before retracing slightly, as the US continues to suck in gold from around the world.
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Orla Mining – Musselwhite Gold Mine
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City Investors Circle Mining Review 16th March 2025
Gold briefly touched $3,000 before retracing slightly, as the US continues to suck in gold from around the world. One theory is this is because US banks have to comply with Basel 3 by mid-year, and are importing gold to cover bullion they leased out years ago.
Most precious and base metals ended the week higher after yet another positive stimulus message from the Chinese governement.
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Mining Review
A busy week with Awale Resources, Cabral Gold, Meeka Metals and Ora Banda Mining all releasing positive drill results.
Awale have recorded some of the highest grades in Africa in the last year and high-grade discoveries continue to be made on very prospective land in the Ivory Coast.
Cabral have been quiet for a while but have now announced some new gold discoveries that boosted the share price. CEO Alan Carter has a large personal investment here bought in the market.
Meeka Metals, on the cusp of initial production in Western Australia announced a new gold discovery.
Ora Banda Mining, also in Western Australia, announced an “outstanding” discovery as they expand production and exploration at their Daveyhurst project.
All of this week’s stories can be read in full by clicking the links below.
Cabral Gold Trenched 20m @ 3.6 g/t Gold at Machichie
Awalé Resources Updates on Drilling at High-Grade Gold Target
Ora Banda Mining’s New Outstanding Gold Discovery
G Mining Ventures CEO Named Producer of the Year
G Mining Ventures Commences Construction at Oko West
Capricorn Delivered Strong Half Year Results
Orla Mining Completes the Musselwhite Acquisition
Meeka Metals Discovers a New High-Grade Gold Zone
PDAC 2025 reviews can be read below
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Market Data
Weekly Price Changes
(US$ unless stated)
| Metal Prices | Price $ | Weekly % change |
| Gold price in UK £ | 2317 | 2.57% |
| Gold | 2988 | 6.22% |
| Silver | 33.83 | 3.84% |
| Palladium | 958 | 1.70% |
| Platinum | 1010 | 4.55% |
| Rhodium | 5250 | -0.94% |
| Copper | 4.7 | 0.43% |
| Nickel | 7.49 | 0.67% |
| Zinc | 1.35 | 3.05% |
| Tin | 16 | 8.25% |
| Cobalt | 12.1 | 5.77% |
| Manganese | 4 | 0.00% |
| Lithium | 10009 | -0.11% |
| Uranium | 63.3 | -1.25% |
| Iron Ore | 102.2 | -4.40% |
| Coking Coal | 177 | -4.17% |
| Thermal coal | 106.9 | 0.38% |
| Metal ETFs | Price | Weekly % change |
| GLD | 275.24 | 2.55% |
| GDX | 43.64 | 4.80% |
| GDXJ | 54.99 | 5.89% |
| Sil | 39.62 | 8.82% |
| SILJ | 12.28 | 8.48% |
| GOEX (PCX) | 36.26 | 4.32% |
| URA | 23.9 | -0.17% |
| COPX | 41.32 | 3.43% |
| HUI | 342.75 | 4.89% |
| Gold / Silver ratio | 88.32 | 0.65% |
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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
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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.
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Declaration
At the time of writing the author may hold positions in any of the stocks mentioned.
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