Northern Miner London Symposium

Northern Miner London Symposium

Took place at 133 Houndsditch for the second year in a row.

As London mining events go it was an intimate affair with around 20 mining companies present, as well as some illustrious visitors from the Canadian Mining Hall of Fame.

 

 

.

Northern Miner

Rick Rule 3rd from the right and Rob McEwan far right on the Symposium panel

 

 

,

Northern Miner London Symposium November 2025

Took place at 133 Houndsditch for the second year in a row. This venue also hosts the 121 Mining Conferences. It’s a brisk walk from Aldgate station, and easy to find.

As London mining events go it was an intimate affair with around 20 mining companies present, as well as some illustrious visitors from the Canadian Mining Hall of Fame.

I only managed to find four companies of interest, and had good meetings with all of them.

I met Firefly for a catchup, and was impressed by the progress they are making at the Ming copper mine in Newfoundland. I don’t see an urgency to invest here yet, but it’s one that remans firmly on my watchlist.

My second meeting was with Firefly’s neighbour in Newfoundland, New Found Gold, a company that has has fallen from grace somewhat, with retail investors disappointed with the Mineral Resource Estimate. This has perhaps created an opportunity, I am going to review again before making a decision about investing.

I then met Brad O’Rourke of Scottie Resources, possibly the best presentation I saw all day. Scottie have moved forward and they plan to commence production in 2028, not too far away as we’re in 2026 in a months’ time.

What I like is the district scale of their project, with high-grade gold intercepts all over their project area.

My final meeting was with American Eagle Gold Corp. This looks a bit too early stage for my current focus, but I have added to my personal watchlist.

 

——-

 

So, in conclusion, the London Mining Symposium is a small mining conference with a handful of companies at the stage I prefer, with an interesting panel of experts, in a good venue. I plan to attend nest year.

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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.

.

.

To read our full terms and conditions, please click HERE




Market Review November 2025 Published

Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver. Other companies mentioned include Orla Mining and Equinox Gold.

 

 

.

 

 

,

City Investors Circle Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver.

Other companies mentioned include Orla Mining and Equinox Gold.

The main topic is the nominal all-time high price of silver, and the root causes.

After a brief wobble of the gold and silver prices they have bounced back and producing miners remain around recent highs.

——-

To read the November 2025 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

.

——-

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

  Silver Price Hits An All-Time High

  West Red Lake Gold Mines Drills at Fork

  Kaiser Reef to Commence Union Hill Waste Dump Drilling

  Barton Gold Tunkillia Upgrade Drilling Completed

  Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76m

  Horizon Minerals Gold Mining Update

  Mining Review 23rd November 2025

  Mining Conference Week 1 Reviewed

  Swiss Mining Conference

  121 Mining Conference London

  Colonial Coal Continues Talks With Interested Parties

  Pacgold White Lion Drilling Intersects Gold Mineralisation

  Orla Mining Generates $93 Million FCF in Q3

  Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au

  Mining Review 16th November 2025

  G Mining Ventures Reports Strong Q3 2025 Results

  Catalyst Settles Legal Case For The Tandarra Gold Project

  Lefroy to Commence Lucky Strike Gold Production

  Capricorn Grows Mt Gibson Underground Resource

  Meeka Metals Reports 8m @ 14.8g/t Au at Turnberry South

  Pacgold launches restart of White Dam Gold Mine

  Mining Review 8th November 2025

  West Red Lake Gold Confirms High-Grade Gold in Lower Austin

  Equinox Gold Delivers Record Q3 Production and Revenue

  Wesdome Intersects New Zone at Kiena’s Dubuisson Deposit

  Horizon Minerals Notice Of Share Consolidation

  Omai Gold Drills 20.33 g/t Au over 5.3m at Wenot

  Western Gold Grade Control Supports Mine Decision

  New Murchison Gold Complete Strong Production Ramp Up

  Mining Review 2nd November 2025

  Market Review September 2025

 

.

——-

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




Mining Review 23rd November 2025

Mining Review 23rd November 2025

A week dominated by the first mining conferences of the season in London and Zurich.

Mining stocks took a hammering, but I met a few new companies I like the look of and merit further research.

 

.

Zurich Mining Conference

Swiss Mining Conference – Zurich 2025

 

 

.

City Investors Circle Mining Review 23rd November 2025

 

 

Mining Review 23rd November 2025

A week dominated by the first mining conferences of the season in London and Zurich.

Mining stocks took a hammering, but I met a few new companies I like the look of and I feel merit further research.

——-

 

The 121 Mining Conference in London seemed well attended but it’s always hard to gauge because most booths have two company representatives, making estimating  the number of investors present difficult to assess.

I personally didn’t think it was so vibrant, but that’s probably because of the falling mining stock prices affecting my mood.

I had some interesting meetings though and am currently deciding whether to invest in any of the companies I met.

——-

I then met 55 North at a private luncheon presentation. This company is run by an experienced and successful mining CEO, Bruce Reid if Carlisle fame.

I like this story a lot and have decided to make an initial investment.

——-

The Zurich Mining Show was the largest to far, and filled the room. What I like about this show is that, unlike the PDAC, you can meet the company CEOs on their stand, rather than a university student filling in for a pittance.

All the companies at the show have substance, it’s not cheap to participate here, so early stage explorers in moose pasture are nowhere to be seen.

This makes for a good show and I had numerous meetings with solid companies. As a result I am reviewing three potential investments in new companies that look to have my key criteria, Tier 1 jurisdiction, strong management, funded to near term production in a project with scale.

Once I have reviewed the companies I will add any I think deserve inclusion into the watchlists.

 

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Swiss Mining Conference

  121 Mining Conference London

  Colonial Coal Continues Talks With Interested Parties

  Pacgold White Lion Drilling Intersected Gold Mineralisation

  Orla Mining Generated $93 Million FCF in Q3

  Omai Gold Drilled 20.33 g/t Au over 5.3m and 2.72 g/t Au

  Mining Review 16th November 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 231125 Weekly % change
Gold price in UK £ 3107 0.19%
Gold in AUD$ 6299 0.82%
Gold 4067 -0.44%
Silver 50.16 -1.26%
Palladium 1375 -2.27%
Platinum 1519 -2.00%
Rhodium 8000 -1.23%
Copper 4.98 -1.39%
Nickel 6.52 -3.41%
Zinc 1.42 3.65%
Tin 16.82 -0.36%
Cobalt 22.03 0.00%
Lithium 12659 5.74%
Uranium 76.2 -1.68%
Iron Ore 103.9 -1.05%
Coking Coal 195 -0.51%
Thermal coal 114.5 2.23%

.

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Swiss Mining Conference

Swiss Mining Conference

Another day another mining conference, this one in Zurich, one of my favourites on the circuit.

I spoke with a CEO today whose company looks set to enter production late 2026, and feel it’s time to make an investment.

 

 

.

Swiss Mining conference

 

 

Swiss Mining Conference

Another day another mining conference, this one in Zurich, one of my favourites on the circuit.

I spoke with a CEO today whose company looks set to enter production late 2026, and feel it’s time to make an investment. That CEO is Alan Carter of Cabral Gold.

Alan is British, has invested a large amount of his personal money into Cabral, supporting the company when rising finance was really tough, and the company are now preparing for trial production commencing at the end of next year.

Cabral has arranged a gold swap, with a rate of 10% interest, to finance the building of the plant. This is a novel approach and sets Cabral apart from the crowd. One wonders whether this may be emulated by other miners in the future?

So, Cabral plan a new Mineral Resource Estimate during mid 2026, and then to enter trial production by year end. For me this is the sweet spot, as the company climbs the final hill on the Lassonde curve towards production and cashflow.

The amount of gold permitted to be mined under a Brazilian trial production licence is quite generous, and will allow Cabral to generate some meaningful cash, plus expand its exploration projects, which will ensure plenty of newsflow and no stock dilution moving forwards.

Cabral’s project is only 12 miles from G Mining Ventures’ newly opened producing TZ mine, and they look an obvious predator at some point, given the close proximity.

I am planning to personally invest in Cabral in the near future.

——-

 

Equinox Gold is a company I have not met for some time, so I was pleased to catchup with its IR guy today for the first time since the acquisition of Calibre mining to produce a solid mid-tier gold mining company with producing mines in five countries.

Equinox are running two large gold mines in Canada that are both starting up, with Valentine now up to commercial production, and Greenstone nearly there, but with a few teething troubles.

They are both throwing off cash, as are the former Calibre producing mines in Nicaragua.

The company has around $1.2 – $1.4 billion in debt, and the primary objective is to reduce that as fast as possible. The Pan gold mine in Nevada has been sold to Minera Alamos for around $115 million as a starter, and I feel the Nicaraguan mines may be next.

If the gold price remains at current levels, I feel the bulk of the debt will be gone by this time next year.

——-

 

One other mining company I met today that has a project I like is Cerro de Pasco Resources, with a polymetallic tailings project in Peru.

I like tailings projects because the hard work has already been done, the ore is sitting at surface so doesn’t have to be mined, reducing both costs and time.

The tailings in question are high-grade, and contain galium, a critical metal used to make microchips, and one on the USA’s critical list.

Still a bit early stage , but the forthcoming catalysts are the acquisition of the remaining tailings, with a high copper content, and the acquisition of the Vulcan owned mining plant close by.

Mining is critical to the town of Cerro de Pasco, high up in the Andes with no other large employer, and was built to provide labour for the mine.

This is a story I will follow closely for now.

——-

=======

.

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

I may own some of the shares mentioned in this report.

.

To read our full terms and conditions, please click HERE




Mining Review 16th November 2025

Mining Review 16th November 2025

G Mining Ventures reported strong Q3 2025 results aided by the high gold price.

Lefroy and Pacgold announced the start of early stage production at their new mines.

 

 

.

 

 

.

 

 

City Investors Circle Mining Review 8th November 2025

 

 

Mining Review 16th November 2025 – News from our watchlist companies

G Mining Ventures reported strong Q3 2025 results aided by the high gold price and solid production figures combined with a low AISC figure.

Lefroy and Pacgold both announced the start of early stage production at their new mines located in Western Australia and South Australia respectively.  Lefroy’s share price has moved up strongly, whilst Pacgold’s is yet to respond to imminent production news, so this could be an opportunity if they execute well.

I already hold both companies and I am considering topping up Pacgold before production commences.

Catalyst Metals settled the court case for the Tandarra licence, this removing that piece of uncertainty from their story.

——-

It was a volatile week for gold but the yellow metal ended positive, up around 1.2%. Silver rose 5%, and lithium a whopping 7.93% as Chinese EV demand rises once again.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Pacgold White Lion Drilling Intersects Gold Mineralisation

  G Mining Ventures Reported Strong Q3 2025 Results

  Catalyst Metals Settled the  Legal Case For The Tandarra Gold Project

  Lefroy to Commence Lucky Strike Gold Production

  Capricorn Metals Grew the Mt Gibson Underground Resource

  Meeka Metals Reported 8m @ 14.8g/t Au at Turnberry South

  Pacgold launched the restart of White Dam Gold Mine

  Mining Review 8th November 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 3101 1.27%
Gold in AUD$ 6248 1.31%
Gold 4085 2.10%
Silver 50.8 5.57%
Palladium 1407 0.00%
Platinum 1550 17.51%
Rhodium 8100 0.31%
Copper 5.05 2.02%
Nickel 6.75 -0.88%
Zinc 1.37 -4.86%
Tin 16.88 3.56%
Cobalt 22.03 0.00%
Lithium 11972 7.93%
Uranium 77.5 -0.90%
Iron Ore 105 -0.94%
Coking Coal 196 -0.51%
Thermal coal 112 -2.61%
Metal ETFs Price Weekly % change
GLD 376 2.17%
GDX 76 4.11%
GDXJ 97 4.30%
Sil 68 4.62%
SILJ 22.88 5.24%
GOEX  (PCX) 69 3.99%
URA 44.75 -6.42%
COPX  61.15 0.25%
HUI  615 6.03%
Gold / Silver ratio 80.41 -3.29%

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Meeka Metals Reports 8m @ 14.8g/t Au at Turnberry South

Meeka Metals (ASX: MEK)

Reported drilling at Turnberry South, part of the Murchison Gold Project continues to hit broad zones of high-grade gold outside the Stage 1 open pit, currently in production, and is likely to expand the Resource and extend open pit mining.

 

 

.

Meeka Metals

Meeka Metals drill site – Credits Meeka Metals

 

 

.

Meeka Metals ASX: MEK
Stage Development, exploration
Metals Gold
Market cap A$690m   @  A$0.22.5
Location Near Kalgoorlie, Western Australia
Website www.meekametals.com.au

 

.

 

Meeka Metals reports 8m @ 14.8g/t Au – More High-Grade Gold at Turnberry South.

 

Meeka Metals (ASX: MEK) reported drilling at Turnberry South, part of the Murchison Gold Project (“Murchison”) continues to hit broad zones of high-grade gold outside the Stage 1 open pit, currently in production, and is likely to expand the Resource and extend open pit mining.

Thick high-grade drill results from Turnberry South include:
o 8m @ 14.79g/t Au from 44m including 2m @ 53.05g/t Au (25TBRC061)
o 20m @ 3.57g/t Au from 47m including 2m @ 13.25g/t Au (25TBRC064) and
10m @ 5.01g/t Au from 73m including 3m @ 14.74g/t Au (25TBRC064)
o 8m @ 4.06g/t Au from 58m including 1m @ 20.87g/t Au (25TBRC032) and
4m @ 12.50g/t Au from 84m including 1m @ 46.69g/t Au (25TBRC032)
o 3m @ 10.96g/t Au from 53m (25TBRC087)
o 10m @ 2.70g/t Au from 53m including 2m @ 7.20g/t Au (25TBRC068)
o 15m @ 1.23g/t Au from 36m including 5m @ 2.32g/t Au (25TBRC058) and
5m @ 5.44g/t Au from 79m including 2m @ 12.62g/t Au (25TBRC058)
o 17m @ 1.07g/t Au from 70m including 2m @ 4.98g/t Au (25TBRC040)
o 16m @ 1.06g/t Au from 67m including 1m @ 6.52g/t Au (25TBRC065)
• These strong results continue to highlight potential to grow the Resource and Reserves, and will likely extend the Stage 1 open pits beyond the initial ~2 years previously planned.

• RC drilling continues at Turnberry following up the high-grade gold intersections on the
north eastern flank, as well as reconnaissance drilling within a ~3km section (between
Turnberry and St Anne’s) of the broader ~20km Fairway shear zone that transects Meeka’s tenure.

 

 

.
Commenting on the drilling, Meeka’s Managing Director Tim Davidson said:

 

“These results continue to strengthen the medium-term open pit production outlook beyond the initial ~2 year Stage 1 mine plan.

 

“The high-grades intersected will improve the tenor of the Resource in the areas
drilled and will enhance both future production and cash generation.

 

“Growth drilling remains ongoing at Turnberry as well as first pass drilling in the highly prospective 3km belt of largely untested greenstones between Turnberry and St Anne’s which forms part of the broader 20km Fairway shear zone that transects our tenure.”

.

To read the full news release, please click HERE

——-

To view the latest share price and chart, 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 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 Meeka Metals. 

.

To read our full terms and conditions, please click HERE




Mining Review 8th November 2025

Mining Review 8th November 2025

Equinox Gold reported record production and revenue in Q3, benefitting from the high gold price and recent production start-up at the Valentine gold mine.

New Murchison Gold confirmed their start-up at Crown Prince had been strong. Omai and Wesdome both reported good exploration results.

 

 

.

Omai Gold Mines

Credits – Omai Gold Mines

 

 

 

.

City Investors Circle Mining Review 8th November 2025

 

.

Equinox Gold reported record production and revenue in Q3, benefitting from the high gold price and recent production start-up at the Valentine gold mine.

New Murchison Gold confirmed their start-up at Crown Prince had been strong. Omai and Wesdome both reported good exploration results.

——-

It was a bit of a nervy week, with the gold price oscillating around the key $4,000 level, and finished even for the week. Silver fell back 1.5% as it fell out of favour after the recent run.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  West Red Lake Gold Mines Confirmed High-Grade Gold in Lower Austin

  Equinox Gold Delivered Record Q3 Production and Revenue

  Wesdome Gold Intersected New Zone at Kiena’s Dubuisson Deposit

  Horizon Minerals Notice Of Share Consolidation

  Omai Gold Drilled 20.33 g/t Au over 5.3m at Wenot

  Western Gold Resources Grade Control Supports Mine Decision

  New Murchison Gold Completed a Strong Production Ramp Up

  Mining Review 2nd November 2025

 Market Review September 2025

.

——-

Market Data

Weekly Price Changes

(US$ unless stated).

Metal Prices Price Weekly % change
Gold price in UK £ 3062 0.43%
Gold in AUD$ 6167 0.80%
Gold 4001 -0.10%
Silver 48.12 -1.57%
Palladium 1407 -24.72%
Platinum 1319 -7.50%
Rhodium 8075 0.00%
Copper 4.95 -3.88%
Nickel 6.81 -1.59%
Zinc 1.44 3.60%
Tin 16.3 -0.06%
Cobalt 22.03 9.06%
Lithium 11092 -1.40%
Uranium 78.2 -3.69%
Iron Ore 106 0.19%
Coking Coal 197 1.55%
Thermal coal 115 4.55%
Metal ETFs Price Weekly % change
GLD 368 0.00%
GDX 73 1.39%
GDXJ 93 -1.06%
Sil 65 -1.96%
SILJ 21.74 -4.65%
GOEX  (PCX) 66.35 1.61%
URA 47.82 -13.45%
COPX  61 -1.13%
HUI  580 -0.17%
Gold / Silver ratio 83.15 1.50%

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




New Murchison Gold Complete Strong Production Ramp Up

New Murchison Gold (ASX: NMG)

Provided an update on production at the Crown Prince Gold Mine.

The operation has had a strong second month of mining and crushing and is now fully ramped up with 60,877 dry tonnes of ore at an agreed grade of 3.95g/t Au trucked to Westgold’s Bluebird gold processing facility 36km by road south of Crown Prince.

 

 

.

New Murchison Gold

New Murchison Gold project location map – Courtesy of New Murchison Gold Ltd.

 

 

.

New Murchison Gold ASX: NMG
Stage Development
Metals Gold
Market cap A$356 million  @  A$0.33c
Location Murchison, Western Australia
Website www.newmurchgold.com.au

 

 

 

.

NEW MURCHISON GOLD COMPLETE STRONG PRODUCTION RAMP UP 
AT CROWN PRINCE

 

New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to provide an update on production at the Crown Prince Gold Mine (Crown Prince).

The operation has had a strong second month of mining and crushing and is now fully ramped up with 60,877 dry tonnes of ore at an agreed grade of 3.95g/t Au (adjusted for recovery) trucked to Westgold Resources Limited’s (ASX:WGX, “Westgold”) Bluebird gold processing facility 36km by road south of Crown Prince.

Mining is well established with the operation performing strongly. NMG’s operations team and contractors are collectively working together on site underpinning the stability of the operation.

In accordance with the Ore Purchase Agreement between NMG and WGX the agreed monthly recoverable gold ounces in ore trucked to Bluebird was 7,285 oz with the related ore sales payment due at the end of November 2025.

The unreconciled production inventory on site at the end of October is approximately 37,900t (wet tonnes) of Crown Prince ore on the ROM awaiting crushing and approximately 11,200t (wet tonnes) of crushed high-grade product, which provides a solid foundation for continuing strong production in November.

.

 

 

 

,

.

Alex Passmore NMG’s CEO commented:

 

“Our second month has completed the ramp up of the mine and with a concerted effort from our operations team with the support of Ozland Mining and MLG Crushing has exceeded expectations for our second month.

 

“We have a strong foundation for production in November.

 

“We are very pleased with the successful delivery of our first mine and while retaining focus on ongoing operations the Company is now able to refocus our exploration effort to support future opportunities.”

.

To read the full news release 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 26th October 2025

Mining Review 26th October 2025

Ora Banda Mining and Wesdome Gold recorded solid production and record revenue for a quarter.

Kaiser Reef increased Henty reserves by 29%

 

 

.

Kaiser Reef

Henty Gold mine, Tasmania – Credits Kaiser Reef

 

 

 

City Investors Circle Mining Review 26th October 2025

Ora Banda Mining and Wesdome Gold recorded solid production and record revenue for a quarter.

Kaiser Reef increased Henty gold reserves by 29%

It was a nervy week for those of us invested in precious metal stocks as the price of gold fell and then rebounded, causing large drops and swings in many stock prices, even solid producing miners.

I’m not convinced the volatility has gone, and some market participants have reduced or sold their holdings predicting a top, but I’m not good at trading so I’m holding my positions and intend to ride out the volatility and emerge stronger once it’s over.

 

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Wesdome Announced Q3 2025 Results and Record Quarterly Production

  Kaiser Reef Increased Henty Reserves by 29%

  G Mining Ventures Approved The  Oko West Mine Construction

  Ora Banda Mining Reported Record Revenue and Production

  Horizon Minerals Boosted by Spectacular Gold Grades

  Catalyst Metals  Advanced Four Eagles With Exploration Tunnel Approval

  Mining Review 19th October 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 261025 Weekly % change
Gold price in UK £ 3091 4.83%
Gold in AUD$ 6348 3.85%
Gold 4115 5.22%
Silver 48.76 4.50%
Palladium 1410 7.97%
Platinum 1600 2.69%
Rhodium 8050 14.46%
Copper 5.15 -1.27%
Nickel 6.92 -1.33%
Zinc 1.37 0.71%
Tin 16.04 -3.77%
Cobalt 15.77 0.06%
Lithium 10684 2.97%
Uranium 76.5 1.82%
Iron Ore 105.2 -0.95%
Coking Coal 192.3 1.04%
Thermal coal 108 0.93%

 

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Horizon Minerals Boosted by Spectacular Gold Grades

Horizon Minerals (ASX: HRZ)

Provided an update on the drilling program under way at its 100% owned high-grade Burbanks gold project, located 9km south of Coolgardie in the Western Australian Goldfields.

Results include some spectacular High-grade gold intercepts.

 

 

.

Horizon Minerals

Baroora gold project – Credits Horizon Minerals

 

 

 

.

Horizon Minerals ASX: HRZ
Stage Development, Production
Metals Gold,Nickel, Cobalt
Market cap A$257 million @ A$0.86
Location Kalgoorlie, Western Australia
Website www.horizonminerals.com.au

 

 

.

HORIZON MINERALS BURBANKS DRILLING RETURNING SPECTACULAR GRADES

 

 

Horizon Minerals Limited (ASX: HRZ) (“Horizon” or the “Company”) is pleased to provide an update on the drilling program under way at its 100% owned high-grade Burbanks gold project, located 9km south of Coolgardie in the Western Australian Goldfields.

 

.

HIGHLIGHTS

• Underground mining at Burbanks historically produced 324koz @ 22.7g/t Au
• The historical production is in addition to the existing JORC (2012) Mineral Resource of:
o 6.1Mt grading 2.4g/t Au for 466koz 
• Horizon commenced a 30,000m drilling program in late June 2025, with the initial 15,000m targeting mostly infill to upgrade the existing resource. Eighteen of the planned 45 Phase 1 holes have been drilled with assays returned for 15 holes, with highlights as follows: 
o 1.55m @ 99.65g/t Au from 336.3m including 0.4m @ 350.00 g/t Au from 336.7m
and 0.35m at 64.29g/t Au from 336.3m (25HBBD004)
o 5.3m @ 3.49g/t Au from 235.7m including 0.6m @ 19.22 g/t Au from 238.7m
(25HBBD004)
o 1.7m @ 37.18g/t Au from 71.0m (25HBBD004)
o 3.7m @ 5.13g/t Au from 222.4m including 0.57m @ 27.52g/t Au from 224.8m
(25HBBD004)

 

 

 

,

Managing Director and CEO Mr Grant Haywood said

“These spectacular high-grade intersections from our infill diamond drilling program further demonstrate the exceptional quality of the orebody and underscores the potential of our Burbanks project.

 

“Confirming such strong results within our existing resource area provides real assurance in the project and demonstrates the opportunity to deliver improved resource confidence that will feed directly into development studies, ultimately providing valuable high-grade feed to our 100% owned Black Swan processing plant.” 

.

To read the full news release please click HERE

 

——-

 

 To View Horizon Mineral’s latest share price and chart, please click HERE

 

..To View Horizon Minerals’ 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 Horizon Minerals.

.

To read our full terms and conditions, please click HERE




Mining Review 19th October 2025

Mining Review 19th October 2025

G Mining Ventures and Orla Mining both declared record production and revenue.

Gold lost 3% on Friday causing producing miners to correct sharply.

 

 

.

Orla Mining

Credits – Orla Mining

 

 

 

.

City Investors Circle Mining Review 19th October 2025

 

 

 

Mining Review 19th October 2025 

G Mining Ventures and Orla Mining both declared record production and revenue.

Meeka Metals and Minerals 360 both reported thick,  high-grade gold intercepts in their latest drill programs in Western Australia.

——-

Gold lost 3% on Friday causing some producing miners to correct sharply, despite still finishing the week 6% up. Silver rose nearly 5% during the week, whilst most industrial metals trod water or fell backwards slightly.

Tungsten remains the metal that has risen the most in percentage terms in 2025.

Archives

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

Capricorn Increased the Warriedar Acquisition Consideration

Meeka Metals Reported Thick, High-Grade Gold in First Drill at Turnberry North

Orla Mining Reported Strong Q3 Gold Production from Musselwhite

G  Mining Ventures Reported Record Q3 2025 Production

Kaiser Reef Production Update Quarter ending September 2025

Minerals 260 Reported Thick, Shallow high-grade Gold Intercepts

Mining Review 12th October 2025

 

.

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 191025 Weekly % change
Gold price in UK £ 3167 5.08%
Gold in AUD$ 6311 4.00%
Gold US$ 4254 5.51%
Silver 52.24 4.71%
Palladium 1505 8.66%
Platinum 1636 2.76%
Rhodium 8300 16.90%
Copper 4.74 -1.25%
Nickel 6.77 -1.31%
Zinc 1.41 0.71%
Tin 15.92 -3.63%
Cobalt 15.77 0.06%
Lithium 10313 3.06%
Uranium 79.14 1.85%
Iron Ore 105 -0.94%
Coking Coal 192 1.05%
Thermal coal 108 0.93%
Metal ETFs Price Weekly % change
GLD 391 5.68%
GDX 79 3.95%
GDXJ 105 6.06%
Sil 75 5.63%
SILJ 25.24 8.00%
GOEX  (PCX) 73 5.80%
URA 54 3.85%
COPX  63 5.00%
HUI  637 3.92%
Gold / Silver ratio 81.43 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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 12th October 2025

Mining Review 12th October 2025

Orla Mining announced a potential significant discovery at Musselwhite.

Capricorn Metals and Erdene Resource Development both announced updated resources.

 

 

.

G Mining Ventures

G Mining Oko West project panoramic view – Courtesy of Reunion Gold

 

 

 

 

City Investors Circle Mining Review 12th October 2025

 

Mining Review 12th October 2025

Orla Mining announced a potential significant discovery at Musselwhite.

Capricorn Metals and Erdene Resource Development both announced updated resources in a generally positive week for mining stocks.

 

——-

 

The price of gold holding above $4,000 and silver reaching an all time high kept the price of most producing precious metal mining companies near their recent highs. Some Australian companies lost around 5% in Friday trading due to a fall in the gold price, only for that to reverse later in the day, benefitting TSX listed stocks.

The price of copper remains around recent highs, and tungsten is still strong due to its military applications.

 

——-

 

My portfolio suffered a bit of pain this past week as some mining stocks, even gold producers, fell away badly after the gold price appeared to top out and fall back.

The late rally past $4,000 will, hopefully, mean a strong day on the ASX on Monday, and that may restore some of the Friday losses on that market. My portfolio was at an all-time high just before the pullback.

I met management from Stallion Uranium and made a small investment afterwards as the company are well funded, have prospective ground in the Athabasca Basin, and have a drill program scheduled to commence in January.

 

——-

 

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  Pacgold Raises Funds to Acquire The White Dam Gold Mine

  Barton Gold Trading Halt

  G Mining Ventures Secured Financing to Construct Oko West

  Capricorn Metals Confirmed 4 m Ounces of Gold Reserves

  Orla Mining Discovered Potential 2 KM Extension at Musselwhite 

  Pacgold Announced A Transformational Acquisition

  Erdene Resource Development Zuun MRE Update

  Mining Review 5th October 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 3014 4.44%
Gold in AUD$ 6068 3.07%
Gold 4032 3.70%
Silver 49.89 3.74%
Palladium 1385 7.70%
Platinum 1592 1.02%
Rhodium 7100 0.35%
Copper 4.8 1.48%
Nickel 6.86 -0.15%
Zinc 1.4 2.94%
Tin 16.52 4.82%
Cobalt 15.76 0.06%
Lithium 10007 -0.05%
Uranium 77.7 -3.96%
Iron Ore 106 1.92%
Coking Coal 190 0.00%
Thermal coal 107 0.00%
Metal ETFs Price Weekly % change
GLD 370 3.35%
GDX 76 -1.40%
GDXJ 99 -0.74%
Sil 71 0.00%
SILJ 23.37 1.61%
GOEX  (PCX) 69 -0.09%
URA 52 -11.19%
COPX  60 -3.18%
HUI  613 -0.74%
Gold / Silver ratio 80.82 -0.04%

 

 

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 26th October 2025

Mining Review 26th October 2025




Erdene Resource Development Zuun MRE Update

Erdene Resource Development (TSX: ERD)

Announced an updated mineral resource estimate for its 100% owned Zuun Mod molybdenum-copper porphyry project, located in the Khundii Minerals District, in southwestern Mongolia.

The updated resource estimate, when compared to the previous, demonstrates a significant increase.

 

 

.

 

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB:ERDCD) (“Erdene” or the “Company”) is pleased to announce an updated mineral resource estimate for its 100% owned Zuun Mod molybdenum-copper porphyry project, located in the Khundii Minerals District, in southwestern Mongolia.

 

HIGHLIGHTS

  • 100% owned license hosts one of Asia’s largest undeveloped molybdenum-copper deposits
  • Only 35 kilometers from Erdene Mongol’s Bayan Khundii Gold Mine in region of growing infrastructure and 180 kilometres from China, the world’s largest molybdenum consumer
  • The updated resource estimate, when compared to the previous, demonstrates a significant increase:
    • 22% increase in Measured and Indicated molybdenum (“Mo”) resources to 333 million pound (“Mlbs”) and 95% increase in Inferred Mo resources to 300 Mlbs
    • 16% increase in Measured and Indicated copper (“Cu”) resources to 384 Mlbs and 75% increase in Inferred Cu resources to 350 Mlbs
  • Substantial exploration upside within very large molybdenum-copper and copper-silver porphyry complex
  • Drilling planned in Q4 2025 to test expansion opportunities and copper targets 

 

.

Peter Akerley, Erdene’s President and CEO commented,

“We are very pleased to report the updated resource, confirming Zuun Mod as one of Asia’s largest undeveloped molybdenum-copper projects.

 

“The project is located less than 200 kilometres from the world’s largest molybdenum and copper consumer and steel producer, in a region seeing rapid infrastructure build-out, including Erdene’s Bayan Khundii Gold Mine.

 

“Molybdenum is highly valued as a critical mineral with growing demand in the advanced electronics, aerospace and defense sectors and expanding processing capacity in the region. The outlook for molybdenum is bullish and production from Zuun Mod is expected to be readily absorbed in the market.

 

“With an improved understanding of geologic and structural controls of the deposit, several opportunities for enhancement and expansion have materialized. Drilling is planned in Q4 to test these opportunities as well as copper targets in the northern portion of the porphyry complex.

 

“As we define the deposit further, we are continuing to progress marketing and technical studies to advance the project.”

 

.

To read the full news release, please click HERE

 

——-

.

To View Erdene Resource Development’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 Erdene Resource Development

.




Mining Review 5th October 2025

Mining Review 5th October 2025

Cornish Metals updated the PEA for its South Crofty tin mine in Cornwall, England.

Barton Gold commenced the DFS for stage 1 production.

 

 

.

Cornish Metals

 

 

 

City Investors Circle Mining Review 5th October 2025

Cornish Metals updated the PEA for its South Crofty tin mine in Cornwall, England.

Barton Gold commenced the DFS for stage 1 production.

Generally a good week for gold producers as the price of gold and silver rose over 3% each, as central banks continue to buy gold as a hedge against the dollar falling.

 

——-

 

My entire portfolio is now at an all-time high, and I continue to hold my producing gold stocks, and recently invested in another couple of early stage producers with scale potential, Benz Mining (TSX: BZ) and Erdene Resource Development (TSX: ERD).

The day after purchasing Erdene the company announced the pouring of first gold, so the price had a nice rise, but that was pure luck on my part, I knew it was coming, but not when.

The reason for my purchase was the availability of some funds after I sold some West Red Lake Gold Mines stock following their recent placing. Every time that stock moves ahead, they make an announcement that kills it, so I sold half my holding and put it elsewhere.

I also made an small investment in James Bay Minerals, (ASX: JBY)  which has a nice silver project in Nevada. This is early stage, hence my small initial investment, but by owning the shares it ensures I keep focused on the story.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

 Cornish Metals Updated the PEA for South Crofty tin mine

  Pacgold Halted Pending Announcement of a Project Acquisition

  G Mining Ventures Received Approval of SUDAM Tax Incentive

  New Murchison Gold Announced a Strong Start at Crown Prince

  Market Review September 2025 Published

  Barton Gold Commenced DFS for Stage 1 Production

  Mining Review 28th September


——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price $ Weekly % change
Gold price in UK £ 2886 2.78%
Gold in AUD$ 5887 2.19%
Gold 3888 3.32%
Silver 48.09 3.96%
Palladium 1286 3.04%
Platinum 1576 0.06%
Rhodium 7075 0.71%
Copper 4.73 -1.05%
Nickel 6.87 5.21%
Zinc 1.36 2.26%
Tin 15.76 0.01%
Cobalt 15.75 0.00%
Lithium 10012 -0.51%
Uranium 80.9 -3.23%
Iron Ore 104 0.48%
Coking Coal 190 1.60%
Thermal coal 107 -0.93%
Metal ETFs Price $ Weekly % change
GLD 358 3.25%
GDX 77.08 3.21%
GDXJ 99.74 3.67%
Sil 71 1.43%
SILJ 23 2.31%
GOEX  (PCX) 69.06 4.81%
URA 58.55 20.95%
COPX  61.97 8.72%
HUI  617.54 2.16%
Gold / Silver ratio 80.85 -0.61%

 

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Market Review September 2025 Published

Market Review September 2025

Benz Mining is the highlighted company.

Companies mentioned include Barton Gold, Erdene Resource Development, Equinox Gold, and West Red Lake Gold Mines.

 

 

.

Equinox Gold

 

 

.

City Investors Circle Market Review September 2025 Published

 

 

.

Market Review September 2025 – 

Benz Mining is the highlighted company.

Companies mentioned include Barton Gold, Erdene Resource Development, Equinox Gold, and West Red Lake Gold Mines.

——-

 

The average gain on stocks in our Tier 1 portfolio in September was 19%.

The highest risers were G Mining Ventures and Ora Banda Mining, rising 33% each.

There were no fallers.

——-

.

To read the September 2025 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

.

——-

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

 Barton Gold Commence DFS for Stage 1 Production

  Mining Review 28th September

  Equinox Workers Reported Injured at Valentine Gold Mine

  Lefroy’s High-Grade Gold Assays Support Lucky Strike Expansion

  Initiating Coverage – Erdene Resource Development

  Barton Gold’s Soil Assays Indicate Extensions and New Targets

  West Red Lake Gold Upsizes Bought Deal Financing

  Gold Road to Cease Trading on The ASX

  Mining Review 21st September 2025

  Barton Gold Resource Upgrade Drilling Begins at Tunkillia

  Initiating Coverage – Benz Mining

  Equinox Gold Delivers First Gold at its Valentine Gold Mine

  Orla Mining Stake Sold By Agnico Eagle

  West Red Lake Announces $30 Million Bought Deal

  Minerals 260 Report High-grade intercepts and new targets

  Mining Review 14th September 2025

  Lefroy’s Lucky Strike Gold Deposit advances towards operations

  Kaiser Reef Puts the A1 Mine on Care and Maintenance

  Galiano Gold Plunges 8% After Mine site Confrontation

  Murchison Gold Becomes Australia’s Newest Gold Producer

  Barton Gold ‘Stage 1’ Resources at Central Gawler Mill Pass 300koz Au

  Barton Gold Enters the ASX 500 Index

  Ora Banda Announces Outstanding Drill Results At Waihi

  Mining Review 7th September 2025

  Westgold 2025 Mineral Resources Estimate and Ore Reserves

  New Murchison Gold Report High-Grade Gold Hits At Abbotts

  Capricorn’s Karlawinda Expansion Project Siteworks Underway

  G Mining Ventures Receives Final Permit for Oko West Gold Project

  Kaiser Reef starts a strategic review of its A1 Gold Mine

  Galiano Gold Reports Q2 2025 Results

  Market Review August 2025 Published

 

——-

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




Mining Review 28th September

Mining Review 28th September

West Red Lake Gold Mines disappointed me with yet another fund raise.

Gold Road to exit the ASX with gold at an all time high.

 

 

.

Galiano Gold

Courtesy of Asanko Gold Mining

image_pdfimage_print

City Investors Circle Mining Review 28th September

West Red Lake Gold Mines disappointed me with yet another fund raise. I have sold half my holdings as I have lost faith in management, after being told the previous financing would be the last one prior to production.

Gold Road to exit the ASX with gold at an all time high, as its acquisition by Gold Fields completes.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

  Equinox Gold – Workers Reported Injured at Valentine Gold Mine

  Lefroy Exploration’s High-Grade Gold Assays Support Lucky Strike Expansion

 Initiating Coverage – Erdene Resource Development

  Barton Gold’s Soil Assays Indicate Extensions and New Targets

  West Red Lake Gold Upsizes Bought Deal Financing

  Gold Road to Cease Trading on The ASX

  Mining Review 21st September 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2808 2.59%
Gold in AUD$ 5761 3.04%
Gold 3763 2.06%
Silver 46.26 6.93%
Palladium 1248 7.87%
Platinum 1575 13.23%
Rhodium 7025 0.00%
Copper 4.78 6.46%
Nickel 6.53 -4.53%
Zinc 1.28 0%
Tin 15.75 -0.63%
Cobalt 15.75 4.10%
Lithium 10063 -0.31%
Uranium 83.6 8.57%
Iron Ore 103.5 -8.41%
Coking Coal 187 -0.53%
Thermal coal 108 0.00%
Metal ETFs Price Weekly % change
GLD 346.74 2.28%
GDX 74.68 3.72%
GDXJ 96.21 4.58%
Sil 70 5.23%
SILJ 22.48 7.05%
GOEX  (PCX) 65.89 2.95%
URA 48.41 -3.04%
COPX  57 6.54%
HUI  604.46 4.64%
Gold / Silver ratio 81.34 -4.56%

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 21st September 2025

Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland.

Minerals 260 reported high grade drill intercepts and new targets.

 

 

.

Benz Mining

Glenburgh project map – Courtesy of Benz Mining

 

 

.

 

City Investors Circle Mining Review 21st September 2025

 

Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland. This has given the shares a small boost, after the recent 41% increase during the last month.

Equinox is now in a position to exploit a gold price it could never have imagined during the contruction of their recent new mines, and therefore one hopes that they will focus on debt repayment whist the sun is still shining on the gold price.

Minerals 260 reported high grade drill intercepts and new targets. The share price has also moved strongly during the last month, up 70.83%. The presense of veteran Australian mining entrepreneur Tim Goyder on the management team ensures investor focus and a degree of confidence here.

 

Orla Mining shares took a 5% hit after Newmont anounced they had divested 43 million shares in the company, closely following Agnico Eagle’s announcement that they had sold their entire Orla holding of 38 million shares.

The share price has fallen from a recent high of C$17.60 to C$14.44, so I’m considering whether this might represent an opportunity after the market has absorbed this huge volume of selling within ten days.

 

——-

 

Archives

image_pdfimage_print

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

Barton Gold Resource Upgraded Drilling Begins at Tunkillia

Initiating Coverage – Benz Mining

Equinox Gold Delivered First Gold at its Valentine Gold Mine

Orla Mining Stake Sold By Agnico Eagle

West Red Lake Gold Mines Announced a $30 Million Bought Deal

Minerals 260 Reported High-grade intercepts and new targets

Mining Review 14th September 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2737 1.60%
Gold in AUD$ 5591 1.65%
Gold 3687 1.18%
Silver 43.26 2.46%
Palladium 1157 -5.01%
Platinum 1391 -0.57%
Rhodium 7025 -1.40%
Copper 4.49 -2.18%
Nickel 6.84 -2.01%
Zinc 1.34 0.00%
Tin 15.85 0.70%
Cobalt 15.13 0.07%
Lithium 10094 3.42%
Uranium 77 0.92%
Iron Ore 113 -0.18%
Coking Coal 188 0.53%
Thermal coal 108 5.88%
Metal ETFs Price Weekly % change
GLD 339 1.19%
GDX 72 2.86%
GDXJ 92 2.22%
Sil 66.52 1.02%
SILJ 21 2.44%
GOEX  (PCX) 64 3.23%
URA 49.93 18.88%
COPX  53.5 0.94%
HUI  577.67 3.34%
Gold / Silver ratio 85.23 -1.25%

 

.

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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 14th September 2025

Mining Review 14th September 2025

The price of gold hit an inflation adjusted all-time high this week, as economic uncertainty combines with political issues, and the Ukraine war grinds on.

Producing watchlist gold companies marched forward, with Capricorn Metals share price rising 6.62%, and Ora Banda Mining rising 4.6% in a positive week.

 

 

.

Lefroy Exploration

Lefroy Exploration Luck Strike map – Courtesy of Lefroy Exploration

 

 

.

City Investors Circle Mining Review 14th September 2025

The price of gold hit an inflation adjusted all-time high this week, as economic uncertainty combines with political issues, and the Ukraine war grinds on.

Producing watchlist gold companies marched forward, with Capricorn Metals share price rising 6.62%, and Ora Banda Mining rising 4.6% in a positive week.

New Murchison Gold became Australia’s newest mining producer last week, and has moved up around 71% in the last month. Lefroy Exploration is also up, around 37.5% in the last month as it moves towards a toll milling startup.

——-

I am still personally investing in producing mining companies and those close to production, as I believe they offer the best potential rewards. At some future point they will look fully valued and the rotation to late stage developers and early stage explorers, will start.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

Archives

Lefroy Exploration’s Lucky Strike Gold Deposit advances towards operations

Kaiser Reef put the A1 Mine on Care and Maintenance

Galiano Gold Plunged 8% After Mine site Confrontation

Murchison Gold Became Australia’s Newest Gold Producer

Barton Gold ‘Stage 1’ Resources at Central Gawler Mill Pass 300koz Au

Barton Gold Entered the ASX 500 Index

Ora Banda Mining Announced Outstanding Drill Results At Waihi

Mining Review 7th September 2025

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 140925 Weekly % change
Gold price in UK £ 2694 1.39%
Gold in AUD$ 5500 0.00%
Gold 3644 1.53%
Silver 42.22 2.60%
Palladium 1218 10.43%
Platinum 1399 1.67%
Rhodium 7125 -1.04%
Copper 4.59 2.68%
Nickel 6.98 0.72%
Zinc 1.34 3.08%
Tin 15.74 0.45%
Cobalt 15.12 0.00%
Lithium 9760 -4.57%
Uranium 76.3 -0.13%
Iron Ore 113.2 -3.08%
Coking Coal 187 1.08%
Thermal coal 102 -6.42%
Metal ETFs Price Weekly % change
GLD 335 1.21%
GDX 70 6.06%
GDXJ 90 5.88%
Sil 65.85 7.07%
SILJ 20.5 7.89%
GOEX  (PCX) 62 5.08%
URA 42 3.12%
COPX  53 3.92%
HUI  559 3.90%

 

.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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 7th September 2025

Mining Review 7th September 2025

G Mining Ventures received the final permit for the Oko West project in Guyana.

Westgold issued an updated MRE and Ore reserve calculation, and New Murchison Gold reported some high-grade exploration hits.

 

 

.

New Murchison Gold

New Murchison Gold vista – Credits New Murchison Gold

 

 

 

 

.

City Investors Circle Mining Review 7th September 2025

 

 

Mining Review 7th September 2025

G Mining Ventures received the final permit for the Oko West project in Guyana. The company have already started to order long lead items, and the development phase has now commenced.

This starts an exciting phase for the company, and I wonder if the time is ripe for it to make a bid for G2 Goldfields, their northern neighbour whose project abuts Oko West? A combination looks to make sense, there are two other predators, Anglogold and Zijin, so locking up the land now would make sense in my opinion.

Westgold issued an updated MRE and Ore reserve calculation, and the share price finally gained some traction as a result.

New Murchison Gold reported high-grade gold hits at Abbots.

 

——-

 

Generally my portfolio of producing gold stocks had a strong week, whereas the explorers were more mixed. Fortunately I focus on producers rather than explorers, so last week was probably my best of the year so far.

Will the FED rate cut, which looks rock solid for next week be the catalyst for a further run up in the price of gold, or is it already factored in?

——-

 

Gold is running strongly at the moment, buoyed by the seemingly imminent US rate cut, now estimated to be a half percent. Silver is also rising strongly on the back of rising industrial demand.

The price of lithium is falling back after a brief spurt on the back or China closing some lithium mines to cut the over supply in the markets and boost the price. The sale of EVs in Europe is still weak, price being a main factor in my opinion.

Copper is also falling back after the panic over trump’s tariffs and the rush to export into the USA before they became effective.

 

 

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

  Westgold 2025 Mineral Resources Estimate and Ore Reserves

  New Murchison Gold Reported High-Grade Gold Hits At Abbotts

  Capricorn’s Karlawinda Expansion Project Siteworks Underway

  G Mining Ventures Received the  Final Permit for Oko West Gold Project

  Kaiser Reef started a strategic review of its A1 Gold Mine

  Galiano Gold Reported Q2 2025 Results

  Market Review August 2025 Published

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 70925 Weekly % change
Gold price in UK £ 2657 3.75%
Gold in AUD$ 5500 4.27%
Gold 3589 9.59%
Silver 41.15 3.31%
Palladium 1103 0.36%
Platinum 1376 8.86%
Rhodium 7200 0.70%
Copper 4.47 -0.89%
Nickel 6.93 -0.86%
Zinc 1.3 1.56%
Tin 15.67 -0.76%
Cobalt 15.12 0.00%
Lithium 10227 -5.62%
Uranium 76.4 1.80%
Iron Ore 116.8 4.16%
Coking Coal 185 -0.70%
Thermal coal 109 -0.62%
Metal ETFs Price Weekly % change
GLD 331 4.07%
GDX 66 7.93%
GDXJ 85 6.46%
Sil 61.5 5.85%
SILJ 19 4.17%
GOEX  (PCX) 59 7.62%
URA 40.73 -0.42%
COPX  51 2.00%
HUI  538 4.26%
Gold / Silver ratio 87.22 6.07%

,

.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 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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE