Mining Review 16th February 2025
Mining Review 16th February 2025
Horizon Metals announced the processing of the first ore from the Phillips Find gold mine. Ora Banda Mining announced good drill results from their Riverina gold project.
The price of gold jumped but with Donald Trump and Vladimir Putin talking about peace, what will happen if the Ukraine war finishes?
.
Calibre Mining – El Limon Mine, Nicaragua
City Investors Circle Mining Review 16th February 2025
.
The price of gold jumped again, but with Donald Trump and Vladimir Putin talking about peace, what will happen if the Ukraine war finishes?
I fear any sign of a peace settlement will drive the price of gold downwards fairly quickly, and that would remove some of the gains made recently in the producing gold miners.
I am an investor rather than a trader, but if such a move happens I may be tempted to reduce some of my holdings in my ISA (As there’s no CGT issue), and look to re-invest at a lower level in the same companies.
It’s going to be tough call, and valuations may fall faster than we would like if such a scenario arises, but it’s one I’m looking at.
——-
Horizon Metals announced the processing of the first ore from the Phillips Find gold mine. They are one of three companies moving into production that I have recently invested in due to their policy of early stage mining to self fund ongoing exploration, thus avoiding dilution.
Ora Banda Mining announced good drill results from their Riverina gold project. The share price has just reached A$1, four times my original purchase price less than a year ago. How I wish I could repeat that sort of decision more often!
——-
Ora Banda Announced Successful Drilling at Riverina
Horizon Minerals Processes First Ore at Phillips Find
Lefroy Exploration executed Agreement to mine the Lucky Strike gold deposit
Capricorn Metals Acquired Mummaloo to Expand Mt Gibson Tenure
Calibre Mining Expanded Mineralization to Surface at Frank
Horizon Minerals Poseidon Takeover Gets The Green Light
Mining Review 9th February 2025
——-
..
——-
.
Market Data
Weekly Price Changes
(US$ unless stated)
| Metal Prices | Price | Weekly % change |
| Gold price in UK £ | £2292 | 1.72% |
| Gold | 2883 | 1.96% |
| Silver | 32.17 | 2.29% |
| Palladium | 984 | -5.56% |
| Platinum | 1002 | -4.58% |
| Rhodium | 4550 | -1.64% |
| Copper | 4.78 | 2.20% |
| Nickel | 6.85 | 1.60% |
| Zinc | 1.27 | 2.42% |
| Tin | 14.14 | 2.49% |
| Cobalt | 10 | -8.95% |
| Manganese | 2.9 | 0.00% |
| Lithium | 10054 | -0.05% |
| Uranium | 70.05 | -0.78% |
| Iron Ore | 107 | -1.60% |
| Coking Coal | 190 | 0.53% |
| Thermal coal | 110 | -0.86% |
| Metal ETFs | Price | Weekly % change |
| GLD | 266.29 | 2.10% |
| GDX | 41.08 | 5.34% |
| GDXJ | 50.68 | 5.71% |
| Sil | 36.32 | 4.54% |
| SILJ | 11.41 | 5.81% |
| GOEX (PCX) | 33.84 | 5.30% |
| URA | 28.03 | 2.44% |
| COPX | 41.67 | 7.70% |
| HUI | 325.89 | 5.16% |
| Gold / Silver ratio | 89.62 | 0.65% |
.
#
.
.=======
.
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.
.