Mining Review 11th May 2025
Gold Road Resources agreed to be taken over by Gold Fields, after they received an improved offer.
Catalyst Metals acquired the Old Highway Project from Sandfire Resources, and West Red Lake Gold Mines reported on the first bulk sample gold sales from the Madsen Mine.
.
.
City Investors Circle Mining Review 11th May 2025
,
It was a strong week for gold, up around 3%, and virtually all the metals ended the week on a positive note.
The gold indexes also recorded strong gains across the boards, with the GOEX Gold Explorers Index up 11%, and the SIL Silver ETF up 11%.
——-
.
Gold Road Resources agreed to be taken over by Gold Fields, after they received an improved offer.
Catalyst Metals acquired the Old Highway Project from Sandfire Resources, and West Red Lake Gold Mines reported on the first bulk sample gold sales from the Madsen Mine.
News from companies on our watchlists from the last week are listed below, click the link to be taken to the full news release.
Archives
West Red Lake Gold Mines Reported on Bulk Sample Gold Sales
Catalyst Metals acquires Old Highway gold deposit
Catalyst Metals Limited – Trading Halt
Gold Road Agreed to Gold Fields’ Takeover
Challenger Gold – Initiating Coverage
——-
.
Market Data
Weekly Price Changes
(US$ unless stated).
Metal Prices | Price | Weekly % change |
Gold price in UK £ | 2510.49 | 3.23% |
Gold in AUD$ | 5184 | 3.33% |
Gold in US$ | 3325 | 2.94% |
Silver | 32.69 | 2.38% |
Palladium | 978.5 | 5.33% |
Platinum | 973.3 | 1.49% |
Rhodium | 5375 | 2.38% |
Copper | 4.62 | -0.43% |
Nickel | 6.97 | 0.72% |
Zinc | 1.16 | -0.85% |
Tin | 14.08 | -0.98% |
Cobalt | 15.29 | 0.00% |
Lithium | 8760 | -3.05% |
Uranium | 70.05 | 1.67% |
Iron Ore | 98.2 | -1.06% |
Coking Coal | 187.5 | 0.27% |
Thermal coal | 105 | 3.45% |
Metal ETFs | Price | Weekly % change |
GLD | 306.84 | 3.04% |
GDX | 50.37 | 7.35% |
GDXJ | 64.33 | 9.95% |
Sil | 42.57 | 10.11% |
SILJ | 12.73 | 9.74% |
GOEX (PCX) | 43.91 | 11.08% |
URA | 27.16 | 5.03% |
COPX | 39.16 | 0.90% |
HUI | 400.12 | 7.00% |
#
.
.=======
.
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.
.
Declaration
At the time of writing the author may hold positions in any of the stocks mentioned.
.