Mining Review 17th September 2023
We initiated coverage of West Red Lake Gold Mines, new owners of the Madsen Mine, formerly owned by Pure Gold Mining, which went into administration, and subsequently delisted from the TSX.V and AIM markets.
Ascot Recources, i-80 Gold, and Karora Resources all reported good drill results in a busy reporting week.
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City Investors Circle Mining Review 17th September 2023
Mining Review 17th September 2023 We initiated coverage of West Red Lake Gold Mines, new owners of the Madsen Mine, formerly owned by Pure Gold Mining, which went into administration, and subsequently delisted from the TSX.V and AIM markets.
With a new management team with a record for achievement, and a new plan to exploit the resources and existing mine infrastructure, WRLG looks set to deliver shareholder value, if executed correctly of course.
To read about WRLG, please click here.
Companies on our watchlist in the news last week
Ascot Recources, i-80 Gold, and Karora Resources all reported good drill results in a busy reporting week.
To read about this week’s news in detail, please click the links below,
Initiating Coverage West Red Lake Gold Mines
I-80 Gold Announced High-Grade Results From Ruby Hill
Ascot Resources Intercepted 32.9 g/t Gold Over 4.9m
Karora Resources Reported Good Drill Results From Fletcher South
Calidus’ Blue Spec Approval to Boost Output
Orla Mining Amended Credit Facility
Mining Review 10th September 2023
Market Data
Week on week price changes
(US$ unless stated)
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Metal and ETF Index Prices
| Gold price in UK £ | 1555 | 0.84% |
| Gold | 1924 | -0.83% |
| Silver | 23.21 | -4.23% |
| Palladium | 1248 | 2.39% |
| Platinum | 930 | -3.85% |
| Rhodium | 4100 | 0.00% |
| Copper | 3.82 | 0.79% |
| Nickel | 9.39 | -4.14% |
| Zinc | 1.16 | 6.42% |
| Tin | 11.62 | 2.56% |
| Cobalt | 14.85 | 0.00% |
| Manganese | 2.74 | -1.43% |
| Lithium | 22888 | -15.38% |
| Uranium | 62.1 | 6.34% |
| Iron Ore | 121.3 | 6.88% |
| Coking Coal | 313 | 18.91% |
| Thermal coal | 165 | 3.13% |
| Magnesium | 3505 | 5.56% |
| Lumber | 500 | -0.60% |
| GDX | 29.73 | 2.26% |
| GDXJ | 35.84 | 0.82% |
| Sil | 26.37 | 1.04% |
| SILJ | 9.46 | 0.22% |
| GOEX (PCX) | 24.15 | -1.03% |
| GLD | 178.69 | -0.80% |
| COPX | 38.47 | 0.46% |
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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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