Mining Review 23rd July 2023
Gold and silver trod water this week, whilst iron ore, coking coal, and thermal coal all ended strongly positive.
American Creek and Rumble Resources announced good exploration results, and Cabral Gold announced an NSR with Osisko Gold Royalties for $5m.
Calidus presented at the Moosa Mining Conference, and the presentation is attached. The company is improving performance after a shaky start to gold production at their Warrawoona Gold Mine, WA.
Gold had a better week after poor US employment numbers, base metals were largely positive despite Chinese economic concerns. Calidus Resources, Cartier Resources, and i-80 Gold all reported good drill results.
Weekly Price Movements
(US$ Unless stated)
Metal and Index Prices
|Gold price in UK £||1527||2.19%|
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