Mining Review 23rd April 2023

Mining Review 23rd April 2023

Calidus Resources, Colonial Coal, and Lithium Power Intl. all made positive news this week.

We initiated coverage of Goldshore Resources, after a positive London presentation.

 

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Goldshore

Goldshore project location map

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Mining Review 23rd April 2023

Calidus Resources, Colonial Coal, and Lithium Power Intl. all made positive news this week.

We initiated coverage of Goldshore Resources, after a positive London presentation. I was impressed with the track record and experience of the management team, the project ins in a tier 1 jurisdiction in Canada, and they already have a resources of over 4 million ounces.

 

Companies on our watchlist that made news last week

Calidus resources disappointed me by raising A$23m to increase production, when as a producer one would have hoped with such a high gold price further dilution would not have been necessary.

Lithium Power Intl. updated the market re their Maricunga lithium brine proect, then the Chilean governement decleared they were going to control the lithium industry in Chile, and restrict companies that want to operate there.

Colonial Coal responded to a new positive Broker Research Report from Tormont Media of the USA.

 Calidus Resources Raised A$23 M

 Colonial Coal New Research Report

 Rumble Resources New Presentation

 Lithium Power Maricunga Lithium Brine Project Update

 Initiating Coverage – Goldshore Resources

 Mining Review 16th April 2023

Read more: http://www.city-investors-circle.com/archives/#ixzz7zixySPTK

 

Market Data

Week on week price changes

All US$ unless stated

 

Metal Prices.

Gold price in UK £ 1597 -1.24%
Gold 1983 -1.10%
Silver 25.09 -1.26%
Palladium 1603 6.58%
Platinum 1139 7.55%
Rhodium 8000 6.67%
Copper 4.03 -1.23%
Nickel 11.58 9.97%
Zinc 1.25 -2.34%
Tin 12.06 7.20%
Cobalt 15.54 0.00%
Manganese 3.26 -2.98%
Lithium 25500 0.00%
Uranium 51 1.29%
Iron Ore 110 -5.42%
Coking Coal 287 0.35%
Thermal coal 191 1.06%
Magnesium 3851 -9.69%
Lumber 390 -6.92%
GDX 33.61 -4.22%
GDXJ 40.04 -5.54%
Sil 30.31 -5.61%
SILJ 10.99 -6.07%
GOEX  (PCX) 27.98 -5.79%
GLD 184.25 -1.13%
COPX 40.18 -3.39%

 

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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 is a shareholder of Calidus Resources, Colonial Coal, and Goldshore resources.

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