Mining Review 26th October 2025
City Investors Circle
London based mining investor group
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Mining Review 26th October 2025
PDAC 2025 Day 4
The final day, which only runs from 9 am to midday, then to ironic cheers a voice booms out that the conference is closed.
I used the time to catch up with a couple of UK listed companies, including one caught up in a scandle not of its own making. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Announced that it has entered into an agreement with Rio Tinto America Inc. to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million pounds of historic resources. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Announced the start of a 2024 surface drilling program across its 100% owned Madsen Mine Property located in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
Victoria Gold (TSX: VGCX)
On the 24th June Victoria Gold reported a Heap leach pad “incident”, and operations were “temporaily suspended”, which sounded fairly innocuouos at the time.
What they failed to say was that around two million tons of a four million ton leachpad had slipped off the top of the mountain and collapsed down the side!
I seriously doubt the company can survive this catastrophe, and I predict it will cease to exist.
Orla Mining (TSX: OLA)
Announced good results for the first quarter ended March 31, 2024.
Q1 gold production was 33,223 ounces and gold sold was 32,046 ounces, and AISC¹ were $909 per ounce of gold sold. Continue reading
Cyprium Metals (ASX: CYM)
Advised it has secured an 18-month, A$21.0 million1 equivalent USD-denominated secured loan facility with Nebari Natural Resources Credit Fund II, LP. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Announced that it has filed a Technical Report Summary (“TRS”) on EDGAR, disclosing mineral resources for the Company’s Wyoming ISR Hub and Spoke Project [..] Continue reading
Apollo Consolidated (ASX: AOP)
Reported some high grade shallow gold intercepts from recent drilling at their Lake Rebecca gold project located north of Kalgoorlie, in Western Australia.
The highlight was 75.8 m @ 4.64 g/t Au, which included an exceptional 9 m @ 15.2 g/t Au. Continue reading
Minera Alamos Inc. (TSX.V: MAI)
Announced that this week, the Company successfully executed the first planned production blasts at the Nicho Norte pit, at the Santana gold mine in Sonora, Mexico. Continue reading
Neometals (ASX: NMT)
Announced the completion of an Association for the Advancement of Cost Engineering (“AACE”) Class 4 Preliminary-Feasibility Study (“PFS”) on the recovery of high-purity vanadium pentoxide (“V2O5”) from high-grade vanadium-bearing steel by-product (“Slag”).
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03 Mining (TSX: OIII)
CEO Jose Vizquerra has recently purchased C$349,147 worth of shares in an on market transaction.
Two recent analyst reports give higher target prices for the stock Continue reading
Radisson Mining {TSX.V: RDS}
Has closed its previously announced private placement for aggregate gross proceeds of $5-million. Continue reading
121 Oil and gas forum – London
The recent London Oil and Gas Forum took place in their original event space at Fenchurch Street, an excellent venue.
There wasn’t an abundance of companies, but those in attendance had some good stories to tell. Continue reading
Oil and Gas Council
The Annual Oil and Gas Council conference was held today, and, despite the recent fall in the oil price, the attendance was huge, with around 560 delegates.
The organisation and venue were very impressive, as was the smooth running of the presentations and panel discussions. All told a first class conference, that held delegates’ attention all day. Continue reading
Lithium Power International {ASX: LPI}
Provided a response to media reports on the licensing matter currently before the Chilean courts.
The case relates to the awarding of a CEOL to exploit lithium to the state-owned copper company, Codelco, immediately prior to the change of Chile’s government on 11 March 2018. The CEOL covers the entire Maricunga Salar, including properties owned by LPI’s joint venture entity Minera Salar Blanco SA. Continue reading
City Investors Circle would like to wish all their readers and subscribers a Merry Christmas and a happy, healthy, and prosperous New Year in 2018.
Canuc Resurces {TSX.V: CDA} CEO Chris Berlet impressed at a City Investors Circle luncheon in the City of London today.
A full house saw him introduce this newly formed company in London publicly for the first time, and the audience liked what they heard. Continue reading
