Mining Review 17th December 2023

Mining Review 17th December 2023

i-80 Gold Corp. released positive results from Granite Creek in a week with little news otherwise, as the conference season is over and focus turns to Christmas.

Confusing messages for the FED have kept down the price of gold just as it looked to be ready to take off, and some stocks have given back some of their recent gains.

 

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i-8- Gold Corp.

i-80 Gold Granite Creek project

 

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City Investors Circle Mining Review 17th December 2023

 

Confusing messages for the FED have kept down the price of gold just as it looked to be ready to take off, and some stocks have given back some of their recent gains as a result.

It’s almost as if the Fed chair Powell is betting on the price of gold as he releases contradictory statements in short timeframes.

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i-80 Gold Corp. released positive results from Granite Creek in a week with little news otherwise, as the conference season is over and focus turns to Christmas.

I-80 Gold continue to release high grade results from their exploration projects, all in Nevada, the best jurisdiction in my opinion, yet the market pays little attention, and the share price remains in the doldrums.

Colonial Coal had a positive AGM with all resolutions passed and directors re-elected. With the recnet activity with Tech, there is a feeling that Colonial will become the focus of M and A attention with one of the biggest coking coal resources in B.C.

Calidus Resources confirmed permission for Blue Bar production, which will add ounces to the mill at Warrawoona.

Click on the links below to be taken to the full stories on the website.

  Argosy Minerals Rincon Lithium Project Update

  Colonial Coal AGM Result

  i-80 Gold Released High-Grade Results from Granite Creek

  Calidus Resources Confirmed Approval of Blue Bar Production

  Global Mining Finance Conference Dates For 2024

  Gold Road New Corporate Presentation

  Mining Review 10th December 2023

 

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Market Data

Weekly price changes

(US$ unless stated)

 

Gold price in UK £ 1590 -0.25%
Gold 2018 1.00%
Silver 23.82 3.34%
Palladium 1173 23.47%
Platinum 945 2.61%
Rhodium 4400 0.00%
Copper 3.88 4.02%
Nickel 7.47 3.03%
Zinc 1.14 4.59%
Tin 11.35 2.53%
Cobalt 13.22 -11.04%
Manganese 2.66 -1.12%
Lithium 12466 -1.38%
Uranium 82.3 1.29%
Iron Ore 135 0.22%
Coking Coal 322 0.00%
Thermal coal 143 -4.03%
Magnesium 3063 0.69%
ETF Prices
GDX 31.06 4.90%
GDXJ 37.76 3.85%
Sil 27.9 4.81%
SILJ 9.91 5.43%
GOEX  (PCX) 24.94 3.36%
GLD 187.05 0.85%
COPX 37.17 5.21%

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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

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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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Disclosure

At the time of writing the author holds shares in Karora resources.

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