Mining Review 25th June
Gold Road Resources was the main talking point this week, losing 15% after issuing reduced guidance, and as a result, inreased AISC.
Gold fell back $30 over the week, after the suprise 0.5% hike in UK base rates.
Gold Road Resources Gruyere Gold Mine at night
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City Investors Circle Mining Review 25th June 2023
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Mining Review 25th June
Gold Road Resources was the main talking point this week, losing 15% after issuing reduced guidance, and as a result, inreased AISC.
Gold fell back $30 over the week, after the suprise 0.5% hike in UK base rates.
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Companies from our watchlist in the news this week.
Gold Road Resources disappointed the market by reducing their production guidance for the remainder of the year by up to 20,000 ounces gold.
Orla MIning produced a set of high grade gold results fron the sulphides at Camino Rojo, Mexico.
Please click on the links below for the full stories.
Orla Mining Reported a Successful Drilling Program
Gold Road Resources Reduced Gruyere Production Guidance
Goldshore Filed a Technical report For Moss Gold
O3 Mining Delivered Malartic H Maiden MRE
Impact Minerals Published a MRE for Lake Hope, WA
Siren Gold Intersected Broad Mineralised Zone
Week on Week Price Changes
US$ unless stated
| Gold price in UK £ | 1513 | -2.05% |
| Gold | 1921 | -0.15% |
| Silver | 22.44 | -0.37% |
| Palladium | 1292 | 5.33% |
| Platinum | 927.98 | -4.09% |
| Rhodium | 5600 | 0.00% |
| Copper | 3.93 | 2.94% |
| Nickel | 9.62 | 7.62% |
| Zinc | 1.11 | 3.70% |
| Tin | 13 | 11.38% |
| Cobalt | 13.08 | 0.00% |
| Manganese | 3.06 | 0.00% |
| Lithium | 42412 | -0.34% |
| Uranium | 56.5 | 3.60% |
| Iron Ore | 113.5 | 1.44% |
| Coking Coal | 237 | -1.79% |
| Thermal coal | 141 | -5.52% |
| Magnesium | 2973 | -2.07% |
| Lumber | 560 | 43.29% |
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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 Goldshore, Gold Road Resources, Orla Mining, and O3 Mining
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