Mining Review 13th October 2024

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Mining Review 13th October 2024

A quiet week for news of substance from our watchlist companies.

Capricorn Metals announced production was still on track for guidance after a recent weather event. Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

 

 

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Cartier Resources

 

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City Investors Circle Mining Review 13th October 2024

 

 

A quiet week for news of substance from our watchlist companies, as we find ourselves awaiting drill results from the summer season, as is usual at thos time of year.

With high gold prices being maintained, the market expects some sparkling numbers from the producers starting soon as the next quarter’s results are announced. With a fiar wind this should propel producers’ share prices higher, and hopefully focus investors’ eyes back on the mining sector.

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Capricorn Metals announced production was still on track for guidance after a recent weather event. The price has fallen back recently after the news, and despite the company confirming production will come in at the lower end of guidance.

Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

News from our watchlist companies from the last week is below, click on the link to be taken to the full story.

  Neometals Successfully Closed a A$4 Million Placement

  Impact Minerals Issued a Project Update For Lake Hope

  Capricorn Metals KGP Q1 Production On Track For Guidance

  Barton Gold High Grade Tarcoola Assays Confirm Additional Open Pit Gold

  Thesis Gold Announced Completion of 2024 Field Program

  Cartier Resources Mobilized a Drill Rig to Advance High-Grade Gold Discovery

  Mining Review 6th October

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Market Data

Weekly Price Changes

(US$ unless stated)

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Metal Prices

Gold price in UK £ £2037 0.64%
Gold 2657 +0.11%
Silver 31.88 -1.21%
Palladium 1069 +5.63%
Platinum 995.2 -0.68%
Rhodium 4775 +1.06%
Copper 4.31 -2.93%
Nickel 7.78 -4.31%
Zinc 1.37 -3.52%
Tin 14.76 -3.72%
Cobalt 10.87 +0.09%
Manganese 2.98 -0.67%
Lithium 10184 -1.41%
Uranium 83.4 +1.21%
Iron Ore 105.8 -2.76%
Coking Coal 209 +7.18%
Thermal coal 149.3 +4.92%

 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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