Mining Review 20th August 2023

Mining Review 20th August 2023

A poor week for the mining juniors, with the price of gold falling due to anticipation of further FED rate increases, causing a strong US dollar.

Karora Resources reported record production sales and revue, and Newcore Gold and Silver Tiger reporting good drill results.

 

 

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City investors Circle

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City Investors-Circle Mining Review 20th August 2023

 

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Mining Review 20th August 2023 – A poor week for the mining juniors, with the price of gold falling due to anticipation of further FED rate increases, causing a strong US dollar.

Karora Resources reported record production sales and revue, and Newcore Gold and Silver Tiger reporting good drill results.

 

 

  Newcore Gold Intersects 3.28 g/t Gold over 11m

  Silver Tiger Intersected 3.3 m Of 1,153 g/t Silver Eq

  Impact Resources Revised the Terms of Sale  of the Commonwealth Project

  Ascot Resources Reported Q2 2023 Results and Construction Update

  Karora Resources Reported Record Production, Sales, and Revenue

  Calidus Resources Opportunity for Production Increase

  Mining Review 13th August 2023

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices

Gold price in UK £ 1484 -1.59%
Gold 1890 -1.25%
Silver 22.76 0.26%
Palladium 1258 -3.08%
Platinum 918 0.00%
Rhodium 4100 0.00%
Copper 3.73 -2.36%
Nickel 8.99 -1.86%
Zinc 1.05 -6.25%
Tin 11.34 -6.51%
Cobalt 14.85 0.00%
Manganese 2.91 -2.02%
Lithium 30455 -11.27%
Uranium 56.75 0.00%
Iron Ore 105.2 5.20%
Coking Coal 253 7.20%
Thermal coal 155 4.38%
Magnesium 3193 4.79%
Lumber 495 0.20%

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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 Ascot Resources, Calidus Resources, and karora Resources.

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