Mining Review 26th July 2026

Mining Review 26th July 2026

Avino Silver, New Murchison Gold, and Westgold posted quarterly results.

Cabral Gold and Lahontan Gold announced good drill results.

 

 

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City Investors Circle

 

 

 

 

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City Investors Circle Mining Review 26th July 2026

 

 

Avino Silver, New Murchison Gold, and Westgold posted quarterly results.

Cabral Gold and Lahontan announced good drill results.

 

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It was another turbulent week in the markets, particularly mining stocks and commodities, as Trump’s war on Iran swayed to and fro from total annihilation of the population to peace talks, on a daily basis.

It’s nigh on impossible to time an entry at the moment so I just take a long term view and ignore the noise.

I traded a little with my Pacgold sale funds, adding to my position in Equinox Gold as it simply looks too cheap in my opinion. I am taking a long term view based on a premier management team that has been successful in creating shareholder value over a number of companies.

 

 

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Full access to this week’s stories can be found by clicking the links below,

   Avino Silver Announced Q2 2026 Production Results

  New Murchison Gold Posted Quarterly Results for June 2026

  Lahontan Drilled 9.9m at 2.40 g/t Au and 50.7 g/t Ag in Santa Fe Mine Stockpile

  AIC Mines Announced a New MD as Joseph El-Raghy Retires

  Westgold Gold Production Beats FY26 Guidance

  Cabral Gold Drill Results from Infill Drilling at the MG Gold Deposit

  AIC Mines Announce Eloise Three-Year Production Outlook

  Mining Review 19th July 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 3042 2.42%
Gold in AUD$ 5804 1.47%
Gold 4052 1.50%
Silver 58.03 4.35%
Palladium 1227 0.08%
Platinum 1585 0.19%
Rhodium 7825 -0.63%
Copper 6.2 1.81%
Nickel 7.78 4.29%
Zinc 1.65 3.12%
Tin 24.19 0.33%
Cobalt 25.53 0.00%
Lithium 20457 -4.07%
Uranium 86.8 1.28%
Iron Ore 98 -2.00%
Coking Coal 226 -3.00%
Thermal coal 136 3.03%
Metal ETFs Price Change
GLD 372 1.09%
GDX 75 5.63%
GDXJ 98 6.52%
Sil 75 4.17%
SILJ 25 4.17%
GOEX  (PCX) 70 6.06%
URA 40 2.56%
COPX  78 6.85%
HUI  626 5.74%
Gold / Silver ratio 69.83 -2.73%

 

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Click HERE for live Spot Metal Prices 

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City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

 

 



Avino Silver Announces Q2 2026 Production Results

Avino Silver & Gold Mines (TSX: ASM)

Reported Q2 2026 production results of 267,305 silver ounces , 2,178 gold oz, and 729,929 pounds of copper, for a total of 534,945 silver equivalent oz.

Q2 2026 represented a meaningful increase in contribution from La Preciosa with a 59% increase in silver production.

 

 

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Avino Silver

La Preciosa silver mine, Durango, Mexico – Courtesy of Avino Silver

 

 

 

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Avino Silver TSX: ASM
Stage Production
Metals Silver, Gold, Copper
Market cap C$1.39 billion @ C$7.95
Location Durango, Mexico
Website www.avino.com

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AVINO ANNOUNCES Q2 2026 PRODUCTION RESULTS
 

 

 

 

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Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) a long-standing silver producer in Mexico, reports second quarter 2026 production results of 267,305 silver ounces (“oz”), 2,178 gold oz and 729,929 pounds of copper (“lbs”), for a total of 534,945 silver equivalent1 (“AgEq1”) oz.

 

 

 David Wolfin, President and Chief Executive Officer of Avino Silver said,

 

“The second quarter of 2026 represented a meaningful increase in contribution from La Preciosa with a 59% increase in silver production, as we continue to move the project forward.

 

“Mill performance remained solid during the quarter, with tonnes milled exceeding expectations and contributions from La Preciosa development ore continued to increase throughout the quarter.

 

“We will continue to optimize performance across our operations to advance our transformational growth plans.

 

“As noted previously and as La Preciosa advances, we expect that total 2026 production will be more heavily weighted to the second half of 2026.”

 

 

 

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PRODUCTION HIGHLIGHTS – Q2 2026

  • Steady Progress at La Preciosa:  Ongoing extraction, haulage, and processing of mineralized development material from La Preciosa was above plan in Q2 2026, primarily due to Mill Circuit 2 becoming available. This increased throughput was offset by intentional processing of lower-grade development ore during elevated metal prices, that would have otherwise been stockpiled. 
  • Increased La Preciosa Development Production: Avino produced 534,945 silver equivalent1 ounces in Q2 2026, a decrease from Q2 2025, and was a result of lower copper production. The decrease reflects planned mining sequencing into lower copper grade areas near the historical open pit operations at Avino. At La Preciosa, development production increased 59% from Q1 2026, contributing 100,658 AgEq1 ounces, and consisting of 84,806 silver oz and 182 gold oz.
  • Consistent Mill Throughput: In Q2 2026, mill throughput remained on plan with 184,293 tonnes processed from both Avino and La Preciosa. Continued steady mill performance and availability reflects the impact of targeted upgrades and automation initiatives led by our operations and maintenance teams over recent years. 

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To read the full news release, please click HERE

 

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The live Spot gold price can be found HERE

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=======

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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

.

=======

,

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.

.

Disclosure

At the time of writing the author holds no shares in Avino Silver and Gold.

.

To read our full terms and conditions, please click HERE



Cabral Gold Drill Results from Infill Drilling at the MG Gold Deposit

Cabral Gold (TSX.V: CBR)

Announced results from 41 additional RC infill drill holes recently drilled as part of the pre-production drill-to-measured resource upgrade and production de-risking of the gold-in-oxide ore within the MG starter pit at the Cuiú Cuiú Gold District, Brazil.

Notable results from this final batch of RC drill results included 10m @ 0.72 g/t gold from surface in RC744 and 13m @ 0.46 g/t gold from surface in RC745.

 

 

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Cabral Gold

Cabral Gold drill crew – Courtesy of Cabral Gold

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$324 m   @ C$1.06
Location Tapajos, Para State, Brazil
Website www.cabralgold.com

 

 

 

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Cabral Gold Announces Additional Drill Results from Pre-Production Infill Drilling at the MG Gold Deposit, Cuiú Cuiú Gold District, Brazil

Vancouver, British Columbia–(Newsfile Corp. – July 21, 2026) –Cabral Gold Inc.(TSXV: CBR) (OTCQX: CBGZF) (“Cabral” or the“Company“) is pleased to announce results from 41 additional reverse circulation (“RC”) infill drill holes recently drilled as part of the pre-production drill-to-measured resource upgrade and production de-risking of the gold-in-oxide ore within the MG starter pit at the Cuiú Cuiú Gold District, Brazil.

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Highlights

  • Results have been received on an additional 41 infill RC holes targeting the gold-in-oxide material in the eastern and central parts of the MG starter pit. The program of infill drilling was aimed at improving the confidence around the current mine plan at MG and upgrading the indicated resource to measured classification
  • Notable results from this final batch of RC drill results from MG include;
    • 10m @ 0.72 g/t goldfrom surface in RC744
    • 13m @ 0.46 g/t goldfrom surface in RC745
    • 14m @ 0.81 g/t goldfrom surface in RC746
    • 16m @ 0.77 g/t goldfrom surface in RC747
    • 17m @ 1.93 g/t goldfrom surface in RC748
    • 14m @ 0.74 g/t goldfrom surface in RC749

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  • Drilling has been completed at MG on this program for a total of 5,767 meters drilled in 165 holes. All assay results have now been received on the MG pre-production infill drill program
  • Exploration and resource development drilling is ongoing with six drill rigs, four diamond drills and two reverse circulation drills, currently operating at the Jerimum Cima, Machichie NE, Machichie, and Central targets.

 

 

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Alan Carter, Cabral’s President and CEO, commented,

“This final set of infill drill results from the MG gold deposit confirms the presence of consistent grades over significant widths from surface in gold-in-oxide material.

 

“This provides us with greater confidence in planned ore delivery in advance of mining at the MG gold deposit.

 

“With 6 drill rigs currently operating at the Jerimum Cima, Machichie NE, Machichie Main, and Central targets, and construction of our Phase 1 heap leach mine nearing completion, the next few months promise to be an exciting time for shareholders.”

 

 

To read the full news release, please click HERE

 

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To view the latest share price and stock chart, please click HERE

To View Cabral Gold’s historical news, please click here

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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.

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.

.

Disclosure

At the time of writing the author holds shares in Cabral Gold.

.

.

To read our full terms and conditions, please click HERE

 



AIC Mines Announce Eloise Three-Year Production Outlook

AIC Mines (ASX: A1M)

Announced its FY27 Production and Cost Guidance, and FY28 and FY29 Production
Targets for the combined Eloise and Jericho copper mines.

This is an exciting period for the Company, as it transitions from a small-scale single mine operation to a 1.5Mtpa dual mine operation producing over 25,000tpa copper in concentrate.

 

 

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AIC MInes

Eloise Copper Mill – Credits AIC Mines

 

 

 

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AIC Mines ASX: A1M
Stage Production, development
Metals Gold, copper
Market Cap A$459 Million   @ A$0.62
Location Queensland, Australia
Website www.aicmines.com.au/

 

 

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AIC Announce Eloise Three-Year Production Outlook

 

AIC Mines Limited (ASX: A1M) (“AIC Mines” or the “Company”) is pleased to
announce its FY27 Production and Cost Guidance, and FY28 and FY29 Production
Targets for the combined Eloise and Jericho copper mines.

This is an exciting period for the Company, as it transitions from a small-scale single mine operation to a 1.5Mtpa dual mine operation producing over 25,000tpa copper in concentrate.

 

 

CAPITAL STRUCTURE
Shares on Issue: 797,619,821

 

 

HIGHLIGHTS

• FY27 Guidance: The combined Eloise and Jericho projects are expected to
produce 17,500t – 18,500t Cu in concentrate in FY27, weighted to the second
half of the year following commissioning of the 1.1Mtpa plant expansion. The
blended average AISC is expected to fall within a range of A$4.80/lb – A$5.20/lb
(US$3.36 – US$3.64/lb) Cu sold and AIC of A$5.20/lb – A$5.60/lb (US$3.64/lb –
US$3.92/lb) Cu sold, net of by-product credits. Reduced underground
development at Eloise drives strong cashflow, particularly in the first half of FY27.

• FY28 Production Target of 20,000 – 22,000t Cu in concentrate: Commissioning
of the Stage 1 Eloise plant expansion to 1.1Mtpa and ramp-up of underground
production at the Jericho mine is planned for the December 2026 Quarter. This
is expected to increase copper production by approximately 50% to over
20,000tpa in concentrate from FY28 (see cautionary statement below).

• FY29 Production Target of 25,000 – 27,000t Cu in concentrate: The Stage 2 Eloise
plant expansion to 1.5Mtpa is now targeted to be completed in the December
2028 Quarter, approximately 2 years earlier than previously planned. This
expansion, along with accelerated underground development at Jericho, is
expected to increase copper production by a further 25% to over 25,000tpa in
concentrate from FY29 (see cautionary statement below).

• No additional funding is required for the Stage 2 Eloise plant expansion or
accelerated underground development at Jericho. However, the US$40 million
Trafigura Prepayment Facility for the Eloise Expansion Project (currently drawn
to US$30 million) has recently been expanded by US$10 million to a total US$50
million to ensure cost overruns or production delays can be managed, if required.
• Cautionary Statement: The Guidance and Production Targets are based on a
combination of approximately 95% Probable Ore Reserves and 5% Inferred Mineral
Resources. There is a low level of geological confidence associated with Inferred
Mineral Resources and there is no certainty that further exploration work will result
in the determination of Indicated Mineral Resources or that a Production Target
will be realised. Refer to page 5 and Appendix 1 of this announcement for the
material assumptions pertaining to the Production Targets.

All $ figures in this report refer to A$ unless otherwise stated. US$ data is based on an AUD:USD exchange rate of 0.7.

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To read the full news release please click HERE

 

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.To View AIC Mining’s latest share price and chart, please click here

.To View AIC Mines’ historical news, please click here

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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.

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.

.

Disclosure

At the time of writing the author holds shares in AIC Mines.

.

To read our full terms and conditions, please click HERE

.



Mining Review 19th July 2026

Mining Review 19th July 2026

Ora Banda increased Mineral Resources by 159%.

Mogotes Metals announced a us$15 million investment by BHP.

 

 

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City Investors Circle

 

 

 

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Mining Review 19th July 2026

Ora Banda increased Mineral Resources by 159%.

Mogotes Metals announced a us$15 million investment by BHP.

 

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Full access to this week’s stories can be found by clicking the links below,

  New Murchison Gold High-grade Gold Intercepts

  Copper Giant – Initiating Coverage

  Ora Banda Mining Increase Mineral Resources by 159%

  Mogotes Metals Announces US$15 million Investment by Rio Tinto

  G2 Goldfields Update on Arrangement with G Mining and Spin-Out of G3

  Talamore Announces Construction Financing Package for the Coffee Project

  Mining Review 12th July 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 2970 -3.10%
Gold in AUD$ 5720 -3.13%
Gold 3992 -2.92%
Silver 55.61 -7.01%
Palladium 1226 -3.08%
Platinum 1582 -2.29%
Rhodium 7875 0.96%
Copper 6.09 -1.93%
Nickel 7.46 -0.93%
Zinc 1.6 -3.03%
Tin 24.11 2.60%
Cobalt 25.53 0.00%
Lithium 21325 -3.92%
Uranium 85.7 0.18%
Iron Ore 100 1.01%
Coking Coal 233 -2.10%
Thermal coal 132 0.76%

 

 

Click HERE for live Spot Metal Prices 

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.



New Murchison Gold High-grade Gold Intercepts

New Murchison Gold (ASX: NMG)

Announced high-grade gold intercepts from recent grade control and resource definition drilling programs at the Cloudkicker deposit.

The drill programs have returned positive assay results that confirm the shallow, high-grade gold mineralisation present at Cloudkicker.

 

 

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New Murchison Gold

New Murchison Gold vista – Credits New Murchison Gold

 

 

 

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New Murchison Gold ASX: NMG
Stage Development
Metals Gold
Market cap A$478 million  @  A$0.44
Location Murchison, Western Australia
Website www.newmurchgold.com.au

 

 

 

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NEW MURCHISON HIGH-GRADE GOLD INTERCEPTS AT CLOUDKICKER DEPOSIT

New Murchison Gold Limited (NMG or the Company) is pleased to announce high-grade gold intercepts from recent grade control and resource definition drilling programs at the Cloudkicker deposit.

The drill programs have returned positive assay results that confirm the shallow, high-grade gold mineralisation present at Cloudkicker.

These areas are higher grade and better widths than seen in the recent resource
estimation. Cloudkicker is adjacent to the existing Crown Prince open pit although considered a separate deposit.

It was included in the M51/886 mining approval allowing for mining to commence immediately.

Best intersections from this drilling program include:
• 10m @ 13.61g/t Au from 44m incl. 3m @ 32.17g/t Au from 46m in CKGC020
• 9m @ 9.31g/t Au from 3m incl. 3m @ 14.30g/t Au from 3m in CKGC015
• 8m @ 9.22g/t Au from 62m incl. 3m @ 14.32g/t Au from 67m in CKRD017
• 7m @ 8.70g/t Au from 55m incl. 1m @ 38.30g/t Au from 59m in CKGC045A
• 1m @ 54.80g/t Au from 58m in CKGC062
• 8m @ 6.47g/t Au from 60m incl. 3m @ 12.87g/t Au from 60m in CKRD008
• 9m @ 5.86g/t Au from 72m incl. 3m @ 10.27g/t Au from 75m in CKRD008
• 5m @ 7.33g/t Au from 91m incl. 1m @ 11.10g/t Au from 91m in CKRD022
• 7m @ 5.00g/t Au from 72m incl. 2m @ 10.38g/t Au from 73m in CKRD019
• 8m @ 4.13g/t Au from 0m in CKGC018
• 4m @ 7.76g/t Au from 58m incl. 1m @ 22.90g/t Au from 60m in CKGC045

Ore zones at Cloudkicker are divided into domains (4000 series) for modelling. The shallow intercepts have extended caprock mineralisation and have added data to domains 4001-4005 with a particular focus on domain 4001.

Domain 4001 is the most significant ore zone in the Cloudkicker deposit as it has the highest grade and the largest volume. Latest drilling results have shown that domain 4001 is more continuous than previously modelled.

Multiple standout assay results included 54.8g/t Au in CKGC062 at 58m, 52.6g/t Au in CKGC020 at 59m and 38.3g/t in CKGC045A at 59m. Additionally, high grade shallow intercepts in the caprock were intercepted, including 16.6g/t in CKGC015 at 5m.

 

 

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Alex Passmore NMG’s CEO commented:

“We are very pleased to report these high grade results that will likely increase the grade and tonnage within the Cloudkicker deposit from the initial modelling.

 

“The deposit is within the footprint of our existing operations (mineralisation strikes up to the margin of our final waste dump design) and so provides relatively easy additional ounces to be brought into our production profile.

 

“Production from Cloudkicker can be brought online with very little additional resourcing on site and so presents a high return project.

 

“Mining has commenced and first caprock ore is to be crushed in September 2026.”

 

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To read the full news release please click HERE

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..

To View New Murchison Gold’s latest share price and chart, please click here

.To View New Murchison Gold’s historical news, please click here

.

=======

.

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 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.

.

Disclosure

At the time of writing the author holds shares in New Murchison Gold.

.

To read our full terms and conditions, please click HERE



Mining Review 12th July 2026

Mining Review 12th July 2026

Minerals 260 increased the Bullabulling resource to 6.2m ounces of gold.

Mogotes Metals drilled 180m of 0.98 copper equivalent at Filo Sur.

 

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City Investors Circle
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City Investors Circle Mining Review 12th July 2026

 

 

Mining Review 12th July 2026, Minerals 260 increased the Bullabulling resource to 6.2m ounces of gold.

Mogotes Metals drilled 180m of 0.98 copper equivalent at Filo Sur.

Errington Metals expanded its land position on the prolific Sudbury Basin.

 

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Full access to this week’s stories can be found by clicking the links below,

  Mogotes Metals Drilled 180 m at 0.98% Copper Equivalent at Filo Sur

  Catalyst Metals Hedged 30,000 Ounces of Gold

  Errington Metals Expands Land Position in the Sudbury Basin

  Minerals 260 Bullabulling Resource Increased to 6.2m Oz Au

  Minerals 260 Halted for a Market Update

  Wesdome Extended Reserve Life to 8 Years at Both Mines

  Mining Review 5th July 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 3065 -1.95%
Gold in AUD$ 5905 -1.86%
Gold 4112 -1.49%
Silver 59.8 -3.55%
Palladium 1265 1.12%
Platinum 1619 -1.16%
Rhodium 7800 1.30%
Copper 6.21 0.65%
Nickel 7.53 1.48%
Zinc 1.65 2.48%
Tin 23.5 -6.75%
Cobalt 25.53 0.00%
Lithium 22195 2.95%
Uranium 85.55 -0.18%
Iron Ore 99 1.02%
Coking Coal 238 -1.65%
Thermal coal 131 1.55%

 

.

Click HERE for live Spot Metal Prices 

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.



Mining Review 5th July 2026

Mining Review 5th July 2026

Lahontan and Lefroy announced positive development updates.

Capricorn and Ramelius divested non-core properties.

 

 

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City Investors Circle

 

 

 

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City Investors Circle Mining Review 5th July 2026

 

 

Lahontan and Lefroy announced positive development updates.

Capricorn and Ramelius divested non-core properties.

 

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Full access to this week’s stories can be found by clicking the links below,

  Capricorn Divested Big Springs for A$26 million

  Catalyst Metals FY26 Production Update

  Lahontan Santa Fe Mine Development and Exploration Update

  Lefroy Exploration Commence Mt Martin Scoping Study

  Market Review June 2026

  Ramelius Sold Edna May to Forrestania for $300 million

  Mining Review 28th June 2026

 

.

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 3126 -1.34%
Gold in AUD$ 6017 -0.67%
Gold 4174 -1.47%
Silver 62 -9.23%
Palladium 1251 -6.01%
Platinum 1638 -3.18%
Rhodium 7700 -10.00%
Copper 6.17 -3.16%
Nickel 7.42 -4.75%
Zinc 1.61 -1.85%
Tin 25.2 7.24%
Cobalt 25.53 0.00%
Lithium 21558 -9.88%
Uranium 85.7 -0.58%
Iron Ore 98 -0.99%
Coking Coal 242 -0.41%
Thermal coal 129 -5.15%

.

Click HERE for live Spot Metal Prices 

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

 



Market Review June 2026

Market Review June 2026 published

The highlighted company is Errington Metals.

The main news concerned G2 Goldfields’ shareholders approving the combination with G Mining Ventures and the spinout of newco G3.

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City Investors Circle

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City Investors Circle Market Review June 2026

 

The highlighted company is Errington Metals.

lisker Resources, Canadian company focused on the Bralorne Gold Proejct, a district-scale gold belt in British Columbia.

The company have started the Mustang Mine on a low capex model, and is using ore sorting and producing its first gold and trucking for toll-milling or off-take shipping. The company is now targeting its Olymous Mine at its second mine.

Talisker have a structured plan to raise production over a number of steps in the next five years.

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The main news concerned G2 Goldfields‘ shareholders approving the combination with G Mining Ventures and the spinout of newco G3.

This creates a major gold producer in the Oko region of Guyana, and gives G3 shareholders  the exploration licences of G2 in a prolific gold region. This is a fantastic opportunity to create further shareholder valua in the longe term.

 

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Other significant news in the Review included,

 Equinox Gold Secures Land Access Agreements at Los Filos Mine

This is huge news for Equinox Gold, as Los Filos in one of the world’s largest gold mines, and this agreement allows for the restart of the mine and further exploration of this prolific area.

 

To read the June 2026 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of June’s news releases is listed below, click the relevant link to be taken to the full story.

 

image_pdfimage_print
  Market Review June 2026

  Ramelius Sell Edna May to Forrestania for $300 million

  Mining Review 28th June 2026

  Equinox Gold Secures Land Access Agreements at Los Filos Mine

  Minerals 260 Bullabulling resource update on track as drilling extends mineralisation at depth

  Benz Defines Maiden Gold Exploration Target at Glenburgh

  New Murchison Gold Updated MRE for Garden Gully

  Cabral Gold Drills a Significant New Mineralized Zone

  Altair Announce Appointment of Specialist Advisor – Dr Sonia Scarselli

  Mining Review 21st June 2026

  Benz Confirms Free Milling Gold with High Recoveries at Icon

  Heliostar to Expand La Colorada with Strong Drill Results and Permits

  Silver Storm Receives La Parrilla Surface Drilling Permits

  G2 Goldfields Shareholders Approve Transaction With G Mining Ventures

  Barton Gold to Expand Tunkillia Phase 2 Upgrade Drilling

  Minerals 260 Commences Early Construction and Development Activities at Bullabulling

  Mining Review 14th June 2026

  Initiating Coverage of Errington Metals

  Silver Storm Celebrates First Silver Pour at La Parilla

  Lahontan Drills 91m At 0.43 g/t Au And Discovers a New Gold Zone

  Minerals 260 Continues To Grow Its Resource

  Omai Gold Drills 8.54g/t Au over 20.6m at Northeast Wenot

  Fuerte Metals Announces Name Change To Talamore Mining Corp.

  Mining Review 7th June 2026

  Orla Mining Blockade Dispute Over, workers Return

  Caprice Resources – High-Grade Gold Growth at The Island Gold Project

  Pacgold to Demerge Its Queensland Assets

  Ora Banda DRIVE to 300 aspiration To Double Production

  Orla’s Share Price Falls as Mine Blockaded in Worker Dispute

  Market Review May 2026

+++++++

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.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE



Ramelius Sell Edna May to Forrestania for $300 million

Ramelius Resources (ASX: RMS)

Advised that it has entered into a binding agreement with Forrestania Resources Limited (ASX: FRS) for the sale of the Edna May Gold Hub, including processing infrastructure and regional satellite tenements, for total consideration of $300 million in upfront cash and Forrestania shares.

 

 

 

.

 

 

 

.

Ramelius Respurces AXS: RMS
Stage Production
Metals Gold
Market cap A$5,2 Billion @ A$3.07
Location Western Australia
Website www.rameliusresources.com.au

.

Ramelius Sell Edna May to Forrestania for $300 million

 

Ramelius Resources Limited (ASX: RMS) (“Ramelius” or the “Company”) is pleased to advise that it has entered into a binding agreement with Forrestania Resources Limited (ASX: FRS) (“Forrestania”) for the sale of the Edna May Gold Hub, including processing infrastructure and regional satellite tenements (“Edna May”), for total consideration of $300 million in upfront cash and Forrestania shares (“Transaction”).

The Transaction is consistent with Ramelius’ disciplined approach to portfolio optimisation and capital allocation, realising significant value for Edna May while retaining exposure to potential upside.

 

Transaction details

Under the Share and Asset Purchase Agreement (“SAPA”), Ramelius has agreed to sell Edna May to Forrestania for $3002 million total consideration comprising a mix of $200 million in upfront cash and $100m in Forrestania shares. The shares will be subject to 18 months escrow, and a further six months orderly sale commitment, subject to customary exceptions.

A deposit of $20 million is payable to Ramelius, with the balance of cash and shares payable upon completion.

Completion remains subject to satisfaction or waiver of customary conditions precedent for a transaction of this nature. These include:
• Forrestania announcing receipt of at least $200 million in binding commitments under
its proposed equity raising;
• Forrestania shareholder approval for the issuance of shares under the SAPA and the
equity raising in accordance with ASX Listing Rule 7.1; and
• customary third-party consents and approvals.

Subject to the satisfaction of these conditions, completion is expected to occur in the September 2026 Quarter.

Ramelius will provide further updates regarding the Transaction as appropriate.

Following completion, Ramelius is expected to become a substantial shareholder in Forrestania.

Ramelius’ equity interest will provide continued exposure to Edna May, along with potential future value created by Forrestania through a re-start of the processing plant and ongoing consolidation of the region.

Ramelius acquired Edna May from Evolution Mining Limited in 2017. Under its ownership, the operation produced 760koz3 between 2018 and 2025, delivering significant cash flow.

With Edna May now on care and maintenance, the Transaction provides Ramelius with an opportunity to crystallise value from a non-core asset and further focus resources on its core business.

 

.

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To read the full news release please click HERE

To see the latest share price and chart, please click HERE.

To View Ramelius Resources’ historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds no shares in Ramelius Resources.

.



Mining Review 28th June 2026

Mining Review 28th June 2026

Equinox Gold celeberated finally receiving land access rights from all groups at their Los Filos gold mine in Mexico.

Minerals 260 commenced early stage construction at its Bullabulling gold mine.

 

 

 

.

City Investors Circle

 

 

.

City Investors Circle Mining Review 28th June 2026

 

 

Mining Review 28th June 2026

Equinox Gold celeberated finally receiving land access rights from all groups at their Los Filos gold mine in Mexico.

Minerals 260 commenced early stage construction at its Bullabulling gold mine.

 

+++++++

.

Full access to this week’s stories can be found by clicking the links below,

 Equinox Gold Secured Land Access Agreements at Los Filos Mine

  Minerals 260 Bullabulling resource update on track as drilling extends       mineralisation at depth

  Benz Mining Defined Maiden Gold Exploration Target at Glenburgh

  Cabral Gold Drilled a Significant New Mineralized Zone

  Altair Announced the  Appointment of Specialist Advisor – Dr Sonia Scarselli

  Benz  Mining Confirmed Free Milling Gold with High Recoveries at Icon

  Mining Review 21st June 2026

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 280626 % change
Gold price in UK £ 3100 -1.34%
Gold in AUD$ 5888 -0.67%
Gold 4090 -1.47%
Silver 59 -9.23%
Palladium 1188 -6.01%
Platinum 1615 -3.18%
Rhodium 7200 -10.00%
Copper 6.13 -3.16%
Nickel 7.62 -4.75%
Zinc 1.59 -1.85%
Tin 24 7.24%
Cobalt 25.53 0.00%
Lithium 21386 -9.88%
Uranium 85.5 -0.58%
Iron Ore 100 -0.99%
Coking Coal 243 -0.41%
Thermal coal 129 -5.15%

Click HERE for live Spot Metal Prices 

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.



Equinox Gold Secures Land Access Agreements at Los Filos Mine

Equinox Gold (TSX: EQX, NYSE: EQX)

Announced that it has signed 20-year land access agreements with all three communities that host its Los Filos Mine in Guerrero, Mexico.

With these agreements in place, the Company has initiated activities to support the gradual restart of heap leach operations and is advancing technical studies to evaluate potential expansion opportunities.

 

 

.

Equinox Gold

Los Filos gold project, Mexico – Courtesy of Equinox Gold

 

 

 

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Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$11 Billion @ C$13.81
Location Canada, Nicaragua, USA
Website www.equinoxgold.com

 

 

 

.

 

Equinox Gold Secures Long-Term Land Access Agreements with All Three Communities at Los Filos Mine, Planning and Technical Work Underway to Support Mine Restart and Annual Production Expansion

 

Equinox Gold Corp.(TSX: EQX, NYSE American: EQX)(“Equinox Gold” or the “Company”) is pleased to announce that it has signed 20-year land access agreements with all three communities that host its Los Filos Mine in Guerrero, Mexico (“Los Filos”).

With these agreements in place, the Company has initiated activities to support the gradual restart of heap leach operations and is advancing technical studies to evaluate potential expansion opportunities.  

 

 

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Darren Hall, Chief Executive Officer of Equinox Gold, commented:

“We appreciate the constructive engagement with the communities of Carrizalillo, Mezcala and Xochipala that host our multi-million-ounce Los Filos Mine.

 

“These new 20-year agreements reflect a shared commitment to responsible operations and sustainable benefits over time and provide an important foundation for strengthening our long-term relationship with the communities and fostering an environment that supports future investment and long-term value creation.

 

“With land access agreements in place, we will commence planning for the restart of heap leach operations, while continuing to pursue our exploration programs and technical and engineering studies to assess longer-term development options, including construction of a carbon-in-leach (“CIL”) processing facility.

 

“Los Filos is a world-class deposit, which based on the June 30, 2022 mineral reserve and resource estimation contains 5.4 million ounces of mineral reserves, 7.9 million ounces of measured and indicated mineral resources (exclusive of reserves), 3.2 million ounces of inferred mineral resources, and significant exploration upside.

 

“We believe there is meaningful potential to expand the resource base and increase annual production over time. Our technical work will include an assessment of opportunities to optimize and grow the operation, including evaluating increases to the envisioned CIL mill throughput relative to previous studies, as well as updating project economics and development plans.

 

“The 2022 technical report was prepared using a mineral reserve gold price assumption of US$1,450 per ounce, and we believe there may be opportunities to enhance project economics through updated metal prices, as well as optimized operating assumptions and technical parameters (see October 19, 2022 news release).

 

“We intend to advance this work through a phased, de-risking approach that reflects technical, operational, permitting and stakeholder considerations, while maintaining collaborative engagement with our community partners”.

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To read the full news release please click HERE

To see the latest share price and chart, please click HERE.

To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold and Orla Mining.

.

 



New Murchison Gold Updated MRE for Garden Gully

New Murchison Gold (ASX: NMG)

Announced a significant, JORC-compliant update to the Mineral Resource Estimate at its Garden Gully Gold Project, located near Meekatharra, Western Australia.

The global Garden Gully Gold Project MRE has increased by 47%, expanding to a total remaining resource of 4.42 Mt at 2.5 g/t Au for 359,000 ounces of contained gold.

 

 

.

New Murchison Gold

New Murchison Gold vista – Credits New Murchison Gold

 

 

 

.

New Murchison Gold ASX: NMG
Stage Development
Metals Gold
Market cap A$456 million  @  A$0.42c
Location Murchison, Western Australia
Website www.newmurchgold.com.au

 

 

 

.

New Murchison Gold Updated MRE for Garden Gully gold project

 

 

 

New Murchison Gold Limited (ASX: NMG) (“NMG” or “the Company”) is pleased to announce a significant, JORC-compliant update to the Mineral Resource Estimate (MRE) at its flagship Garden Gully Gold Project, located near Meekatharra, Western Australia.

HIGHLIGHTS

• The global Garden Gully Gold Project Mineral Resource Estimate (MRE) has increased by 47%, expanding to a total remaining resource of 4.42 Mt at 2.5 g/t Au for 359,000 ounces of contained gold.
• This represents a 29% increase over the November 2024 estimate, or a 47% total increase when including full, reconciled production mining up to April 1, 2026.
• Combined Measured and Indicated categories account for 71% of the global project ounces, ensuring excellent local grade predictability for near-term mine planning.

o Open Pit (OP) Measured Resource component of 39 koz at 3.83 g/t Au, providing immediate, low-risk mill feed.
o MRE beyond optimised pit shell estimated as Underground (UG) component at 1.2% g/t Au cut-off.
• Cloudkicker adds 31 koz to global inventory with 80% classified as indicated (yielding 25koz at 2.3 g/t Au).
• Lydia (Maiden MRE) 55koz at 1.78 g/t Au.
• Abbotts (Maiden MRE) 44koz at 1.75 g/t Au.
• The Cloudkicker and Lydia deposits are located within 800 m of the active Crown Prince hub. This immediate proximity allows both satellite assets to directly leverage existing haul roads, established site facilities, and current operational personnel—enabling rapid, low-capital development with zero infrastructure drag.

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To read the full news release please click HERE

 

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..

To View New Murchison Gold’s latest share price and chart, please click here

.To View New Murchison Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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 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.

.

Disclosure

At the time of writing the author holds shares in New Murchison Gold.

.

To read our full terms and conditions, please click HERE



Mining Review 21st June 2026

Mining Review 21st June 2026

Another week dominated by the US war on Iran, and then the FED’s announcement unsettled the market just as the price of commodities and mining stocks were recovering.

G2 Goldfields’ shareholders approved the acquisition by G Mining Ventures at a SGM.

 

 

.

City Investors Circle

 

 

 

.

City Investors Circle Mining Review 21st June 2026

 

 

.

Mining Review 21st June 2026 – Another week dominated by the US war on Iran, and then the FED’s announcement unsettled the market just as the price of commodities and mining stocks were recovering.

G2 Goldfields’ shareholders approved the acquisition by G Mining Ventures at a SGM.

Minerals 260 announced early construction and development activities at Bullabulling gold mine in Western Australia.

 

Full access to this week’s stories can be found by clicking the links below,

Archives

  Benz Mining Confirms Free Milling Gold with High Recoveries at Icon

  Heliostar to Expand La Colorada with Strong Drill Results and Permits

  Silver Storm Received the  La Parrilla Surface Drilling Permits

  G2 Goldfields Shareholders Approved the Transaction With G Mining Ventures

  Barton Gold to Expand Tunkillia Phase 2 Upgrade Drilling

  Minerals 260 Commenced the Early Construction and Development Activities at    Bullabulling

  Mining Review 14th June 2026

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 3142 -0.16%
Gold in AUD$ 5928 -0.77%
Gold 4151 -1.42%
Silver 65 -4.13%
Palladium 1264 -1.94%
Platinum 1668 -2.34%
Rhodium 8000 -10.01%
Copper 6.33 -1.56%
Nickel 8 -1.11%
Zinc 1.62 0.00%
Tin 22.38 -6.75%
Cobalt 25.53 0.00%
Lithium 23731 0.00%
Uranium 86 1.18%
Iron Ore 101 -0.98%
Coking Coal 244 -0.41%
Thermal coal 136 -8.72%
Metal ETFs Price % change
GLD 387 0.00%
GDX 83 3.75%
GDXJ 107 1.90%
Sil 84 2.44%
SILJ 28 3.70%
GOEX  (PCX) 76 5.56%
URA 48 4.35%
COPX  85 -1.16%
HUI  704 3.07%
Gold / Silver ratio 63.86 2.82%
10 yr Tbond (TNX) 4.45 -0.67%
2 yr T bond US2Y 4.18 2.96%
US  index (DXY) 101 1.19%

Click HERE for live Spot Metal Prices 

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.



Benz Confirms Free Milling Gold with High Recoveries at Icon

Benz Mining Corp (ASX: BNZ)

Reported highly encouraging initial cyanidation test work results from the Icon camp at the Glenburgh Gold Project in Western Australia.

Benz’s initial test results confirm that the gold at Icon is free milling with high recovery rates and low reagent consumption across all grade profiles tested.

 

 

.

Benz Mining

 

 

 

.

Benz Mining ASX: BNZ   / TSX.V: BZ
Stage Exploration
Metals Gold
Market cap A$638 million  @A$1.91
Location Western Australia
Website www.benzmining.com

.

Benz Confirms Free Milling Gold with High Recoveries at Icon

 

Benz Mining Corp (ASX: BNZ) (“Benz” or the “Company”) is pleased to report highly encouraging initial cyanidation test work results from the Icon camp at the Glenburgh Gold Project in Western Australia.

Benz’s initial test results confirm that the gold at Icon is free milling with high recovery rates and low reagent consumption across all grade profiles tested.

.

HIGHLIGHTS:

▪ ~95.5% gold extraction within 24 hours from composite samples representative of the
higher-grade core of the Icon deposit, confirming excellent conventional leach
performance with rapid leach kinetics, low final residues and low cyanide and lime
consumption.
▪ Consistently strong extraction across the Icon grade range tested, with high gold
extraction maintained from higher-grade core material through to the broader
mineralised halo, including material grading down to approximately 0.10 g/t gold.
▪ Icon mineralised halo represents an exciting incremental recoverable gold opportunity,
with material grading from 0.1- 0.3g/t gold leaching strongly and returning gold extraction up to 93.3%. Strong recovery at these grades is an important differentiator for Glenburgh.
▪ Important operational upside for future open-pit studies: low grade halo (0.1-0.3 g/t gold) has the potential to become mill feed rather than waste, with potential to substantially reduce any future strip ratios.

▪ Glenburgh drilling ramp-up and pre-development programs underway: Benz is ramping up to 12 RC shifts across Hurricane, Icon and Thunderbolt Camps, alongside advancing metallurgical, geotechnical and orebody knowledge programs, reflecting increasing confidence in Glenburgh emerging as a large-scale multi-million-ounce gold system.

 

 

.

Benz CEO, Mark Lynch-Staunton, commented:

“These are exactly the kind of metallurgical results we want to see from a large, open-pittable gold system.

 

“The higher-grade Icon core has delivered excellent gold extraction of approximately 95.5% within 24 hours, but the real significance is that strong extraction levels are maintained well beyond the high grade core and into the broader mineralised halo.

“The notably consistent extraction response across the tested grade range is an important differentiator for Glenburgh. Material grading down to approximately 0.10 g/t Au leachedb strongly to very low final residues, highlighting an exciting incremental recoverable gold opportunity around the higher-grade zones.

 

“In a future open-pit scenario, material inside the pit shell has to be mined.

 

“The question is whether that material is waste, dilution or recoverable gold. These initial results show that the broader Icon mineralised halo has the potential to contribute recoverable gold, supporting favourable future open-pit mining metrics at Glenburgh.

 

“This is still early-stage metallurgical work, but it strongly supports our view that Icon is a clean leaching gold system with the scale, geometry and metallurgical characteristics required to become a major part of the Glenburgh growth story.”

.

.

To read the full news release please click HERE

 

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The live Benz Mining share price and chart can be found HERE 

 

The live gold price can be found HERE

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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

.

=======

,

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.

.

Disclosure

At the time of writing the author holds shares in Benz Mining.

.

To read our full terms and conditions, please click HERE



Mining Review 14th June 2026

Mining Review 14th June 2026

Silver Storm Mining announced the first silver pour at its restarted La Parilla silver mine in Mexico.

The price of gold and other metals continued to fluctuate on the narrative of the Iranian and US governments.

 

 

City Investors Circle

 

 

 

 

City Investors Circle Mining Review 14th June 2026

 

 

Mining Review 14th June 2026 – Silver Storm Mining announced the first silver pour at its restarted La Parilla silver mine in Mexico.

Omai Gold continued to declare high-grade gold assays, and must surely be a strong contender for a bid sooner rather than later as it continues to stack up its mineral resource?

 

+++++++

 

The price of gold and other metals continued to fluctuate on the narrative of the Iranian and US governments.

 

+++++++

 

News from our watchlist companies is listed below, please click the link to  read the full story.

  Silver Storm Celebrates First Silver Pour at La Parilla

  Lahontan Drills 91m At 0.43 g/t Au And Discovers a New Gold Zone

  Minerals 260 Continues To Grow Its Resource

  Omai Gold Drills 8.54g/t Au over 20.6m at Northeast Wenot

  Fuerte Metals Announces Name Change To Talamore Mining Corp.

  Mining Review 7th June 2026

 

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price % change
Gold price in UK £ 3147 -3.02%
Gold in AUD$ 5974 -2.74%
Gold 4211 -2.70%
Silver 67.8 -0.29%
Palladium 1289 2.38%
Platinum 1708 -4.69%
Rhodium 8890 -0.11%
Copper 6.43 2.72%
Nickel 8.09 -3.80%
Zinc 1.62 1.25%
Tin 24 -4.00%
Cobalt 25.53 0.00%
Lithium 23730 -1.13%
Uranium 85 -1.33%
Iron Ore 102 0.00%
Coking Coal 245 -0.81%
Thermal coal 149 0.68%

+++++++

.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.


Initiating Coverage of Errington Metals

Errington Metals (TSX.V EM)

Errington is an interesting company located in Sudbury Ontario, with an early resource of 13m tons of copper at a grade of 4% Copper equivalent.

Management have skin in the game, and previous experience of delivering shareholder value.

 

 

.

Errington Metals

 

 

 

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Errington Metals TSX.V: EM
Stage Exploration
Metals Copper / gold / zinc
Market cap Cad$158 million @ C$3.60
Location Yukon, Canada
Website www.erringtonmetals.com

 

 

.

City Investors Circle Initiating Coverage of Errington Metals

 

 

Errington Metals (TSX.V: EM) is an interesting company located in Sudbury Ontario, with an early resource of 13m tons of copper at a grade of 4% Copper equivalent.

Management have decent skin in the game, and previous experience of delivering shareholder value.

 

Highlights

Unlocking High-Grade Critical Metals in the Sudbury Basin
 

Errington Metals is redefining the exploration landscape in Canada’s most prolific mining district.

Sudbury is globally renowned for copper-nickel-PGE deposits, but its massive, high-grade VMS potential has remained largely ignored, and hence underexplored..

Backed by a technically seasoned management team, board and advisors with exceptional track records of building companies, Errington is aggressively advancing its flagship Sudbury Basin Project to deliver superior long-term value for our shareholders and source metals for the global green transition.

The asset has over twice the grade of Foran, and superior infrastructure and location.

.

Management

David Harquail is ex Franco Nevada, and Dan Myersen has just sold Foran for C$3.5 billion. 

Management own over 22% of the company.

 

This week the company released good drill results, and a new capmpaign is planned to try and reach an asset of 20 million tons at around 4% copper equivalent.

I am planning to make an initial investment before the new round of drill results are announced.

.

=======

Live metal prices can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds no shares in Errington Metals.

.

To read our full terms and conditions, please click HERE

.

.

2026 Key Catalyst

We are currently executing an aggressive 45,000-metre drill program specifically designed to support our initial mineral resource estimate and test high-priority regional targets.

.

 



Fuerte Metals Announces Name Change To Talamore Mining Corp.

Fuerte Metals (TSX.V: FMT)

Announced that it has changed its name to “Talamore Mining Corp.”  and trading symbol to “TALA”.

The board of directors of the Company passed a resolution on April 27, 2026, approving the Name Change in accordance with the articles of the Company.

 

 

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Fuerte MEtals

Map courtesy of Fuerte Metals Corp.

 

 

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Fuerte Metals TSX.V: CAD
Stage Exploration
Metals Gold
Market cap Cad$1.12 billion @ C$7.96
Location Yukon, Canada
Website www.fuertemetals.com

.

Fuerte Announces Name Change To Talamore Mining Corp. and Provides AGM Results

.

Vancouver, British Columbia – June 3, 2026– Fuerte Metals Corporation (TSX.V: FMT, OTCQB:FUEMF) (“Fuerte” or the “Company”) is pleased to announce that it has changed its name to “Talamore Mining Corp.” (the “Name Change”) and trading symbol to “TALA”.

The board of directors of the Company passed a resolution on April 27, 2026, approving the Name Change in accordance with the articles of the Company.

It is anticipated that the Company’s common shares (the “Common Shares”) will commence trading on the TSX Venture Exchange (the “TSXV”) under the new name, “Talamore Mining Corp.” effective as of the open of markets on June 8, 2026. The Common Shares will trade under the trading symbol “TALA” on the TSXV.

The CUSIP number assigned to the Company’s shares following the Name Change is 874085103 (ISIN: CA8740851032).

The Name Change does not affect the rights of the Company’s shareholders (the “Shareholders”). There is no consolidation or division of capital associated with the Name Change.

Shareholders will not be required to take any action in connection with the Name Change. Issued certificates or direct registration statements representing Common Shares will not be affected by the Name Change and will not need to be exchanged.

The Company encourages Shareholders to contact their broker with any questions regarding the Name Change.

Fuerte also announces the results of voting at its Annual General and Special Meeting held June 3, 2026 in Whitehorse, Canada. A total of 99,895,092 common shares were voted, representing 71.04% of the issued and outstanding common shares as at the record date of the meeting. Shareholders voted in favour of all items put forward by the Company.

.

The full news release can be viewed HERE

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To view Fuerte Metals’ latest share price and chart, please click HERE

 

.To View Fuerte Metals’ historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds shares in Fuerte Metals.

.



Mining Review 7th June 2026

Mining Review 7th June 2026

Orla Mining and Equinox Gold fell on news of a blockade at Orla’s Camino Rojo mine in Mexico. The blockade has now been lifted and work resumed.

The American war on Iran continues to create volatility in the market.

 

 

.

City Investors Circle

 

 

.

City Investors Circle Mining Review 7th June 2026

 

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Orla Mining and Equinox Gold fell on news of a blockade at Orla’s Camino Rojo mine in Mexico. The blockade has now been lifted and work resumed.

This seems to be the result of a long running dispte between Orla and a union at the mine, which has also involved a court case over representation at the mine between two unions.

One hopes the issue will be resolved quickly as it’s now damaging both companies share prices before the business combination.

 

Pacgold has announced it is to demerge its Queensland assets, including the prospective Alice River gold project, into a new company, Manda.

The company will then focus on the White Dam gold project, where small scale production of around 500 – 600 ounces per month has started, and this will fund exploration to try and extand the resource and life of mine.

Pacgold shareholders will benefit form an in-specie distribution of 1 for 6 shares in Manda.

It would appear however that this benefit is reserved for Australia and New Zealand based shareholders, but not those in the rest of the world. I have asked the company to confirm this, but have not received a reply so far, which augurs badly, in my opinion.

I am going to sell my holding if UK shareholders are excluded from the in-specie distribution on the principle that we are being disadvantaged to the benefit of local shareholders.

Surely ALL shareholders should be treated equally?

 

+++++++

 

The American war on Iran continues to create volatility in the market, with gold moving further downwards during the constant positive and negative announcements being made by Trump and Iran.

Every sign of peace results in a higher gold price and oil falls, then another announcement reverses everything. This is a real nonsense, a US President should not be behaving like this in my opinion.

Where is the UN?

 

+++++++

 

 

 

Archives

image_pdfimage_print

  Orla Mining Blockade Dispute Over, workers Return

  Caprice Resources – High-Grade Gold Growth at The Island Gold Project

  Pacgold to Demerge Its Queensland Assets

  Ora Banda DRIVE to 300 aspiration To Double Production

  Orla Mining’s share Price Falls as Mine Blockaded in Worker Dispute

  Market Review May 2026

 

 

 

Metal Prices                      Price Weekly % change
Gold price in UK £ 3245 -3.97%
Gold in AUD$ 6142 #DIV/0!
Gold 4328 -4.71%
Silver 68 -9.33%
Palladium 1259 -8.04%
Platinum 1792 -6.62%
Rhodium 8900 0.00%
Copper 6.26 -1.42%
Nickel 8.41 -2.21%
Zinc 1.6 0.00%
Cobalt 25.53 0.00%
Lithium 24000 -4.70%
Uranium 86.15 1.12%
Iron Ore 102 -2.86%
Coking Coal 247 2.92%
Thermal coal 148 7.25%


Orla Mining Blockade Dispute Over, workers Return

Orla Mining (TSX: OLA)

Reported that the illegal blockade has ended and operations have resumed at its Camino Rojo Mine in Zacatecas, Mexico.

Dialogue continues onsite between management, employees, and the union including the resumption of bonus negotiations.

 

 

.

Camino Rojo panoramic view, Zacatecas, Mexico – Courtesy of Orla Mining

 

 

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Orla Mining TSX : OLA
Stage Development
Metals Gold
Market cap C$5.43 Billion   @ C$15.70
Location Mexico + Nevada + Canada 
Website www.orlamining.com

 

 

 

.

Orla Mining Reports Resumption of Operations at Camino Rojo

 

Vancouver, BC – June 5, 2026– Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to report that the illegal blockade has ended and operations have resumed at its Camino Rojo Mine in Zacatecas, Mexico.

Dialogue continues onsite between management, employees, and the union including the resumption of bonus negotiations.

Without further interruptions, the Company reiterates its 2026 gold production guidance for Camino Rojo of 110,000 to 120,000 ounces.

.

 

Jason Simpson, President and Chief Executive Officer of Orla Mining said,

“We are pleased to welcome our employees back to work and thank the union and the Mexican Labour Authority for their partnership in resolving the matter.

 

“We look forward to continuing our dialogue with the employees and union partners to reach a mutually beneficial agreement on the productivity bonus.

.

“The Company continues to engage constructively with our employees, and union leadership, with the support of federal labour authorities, and looks forward to providing further updates as the process advances.”

.

To read the full news release please click HERE

 

+++++++

.

To see the latest share price and chart, please click HERE.

 

To View Orla Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds shares in Orla Mining.

.