Mining Review 16th April 2023

Mining Review 16th April 2023

Karora Resources and Calidus Resources both announced good news this week.

With the exception of gold, the other PM prices had a good week, and lithium continued it’s downward trajectory. 

 

.

Karora Resources

Karora Resources – Beta Hunt Mine Specimen Stone

,

,

,

Mining Review 16th April 2023

Karora Resources and Calidus Resources both announced good news this week.

With the exception of gold, the other PM prices had a good week, and lithium continued it’s downward trajectory.

Gold remains rangebound, but narrowly above the significant $2,000 price level.

 

Companies on our watchlist in the news this week

  Cartier Resources pegs Chimo post-tax NPV at $388M

  Karora Resources Discovered Significant Gold At Fletcher

  Ascot C$4 M Non-Brokered Flow Through Placement  Global Mining Finance Conference Program

  Calidus Resources announced a Record 16,000 Oz Gold Sold

  Cornish Metals South Crofty Tin Project Update

  Mining Review 9th April 2023

,
,
Market Data
Week on week price changes
(US$ unless stated)
Gold price in UK £ 1617 +0.06%
Gold 2005 -0.15%
Silver 25.41 +1.72%
Palladium 1504 +3.08%
Platinum 1059 +4.13%
Rhodium 7500 +2.04%
Copper 4.08 +1.75%
Nickel 10.53 +3.13%
Zinc 1.28 +0.79%
Tin 11.25 -0.62%
Cobalt 15.54 0.00%
Manganese 3.36 0.00%
Lithium 25501 -6.93%
Uranium 50.35 0.00%
Iron Ore 116.3 -1.86%
Coking Coal 286 -2.72%
Thermal coal 189 -7.35%
Magnesium 4264 +31.12%

,

,

=======

.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

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 Ascot Resources, Calidus Resources, and Karora resources.

.


Read more: http://www.city-investors-circle.com/archives/#ixzz7z54SkaEO