Mining Review 26th January 2025
Westgold increased production in Q2 2025.
Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements
Catalyst Metals
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City Investors Circle Mining Review 26th January 2025
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Westgold increased production in Q2 2025, but the AISC of A$2,725 look very high to me. Luckily the current gold price in Australian dollar is A$4,390, so still a healthy margin, but the market has taken note of the high AISC.
Capricorn Metals acquired the Deadman Flat gold project that adjoins their Karlawinda gold project, consolidating the area, which clearly makes sense. Better to acquire early rather than have to pay more later, and perhaps have competition. I expect the same to happen to BPM Minerals if they succeed at Mt. Gibson, Capricorn’s other gold project.
Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements.
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rchives
Wesdome Gold Provided an Eagle River Exploration Update
Capricorn Announced the Acquisition of Deadman Flat Project
Westgold Production lifted again in Q2, FY25
Calidus Resources Delisted From the ASX
West Red Lake Gold Intersected 45.70 g/t Au over 3.85m
Lefroy and BML Ventures to Advance the Lucky Strike Gold Deposit
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Other news releases from companies on our watchlists were
Ora Banda Mining sees a major shareholder lower their stake
Zacks select Orla Mining for outstanding growth in 2025
RBC Capital maintains its buy rating for Orla Mining
G Mining interview with VP IR at Metals Investor Forum
G Mining Ventures price target raised at CIBC
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Market Data
Weekly Price Changes
(US$ unless stated)
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| Metal Prices | Price | Weekly % change |
| Gold price in UK £ | 2223 | -0.31% |
| Gold | 2772 | 2.51% |
| Silver | 30.71 | 0.72% |
| Palladium | 968 | 1.79% |
| Platinum | 971 | 2.86% |
| Rhodium | 4675 | 2.19% |
| Copper | 4.15 | 0.24% |
| Nickel | 7.01 | -1.27% |
| Zinc | 1.27 | -0.78% |
| Tin | 13.53 | 1.05% |
| Cobalt | 10.73 | 0.00% |
| Manganese | 2.9 | 0.00% |
| Lithium | 10148 | 1.19% |
| Uranium | 73.2 | -0.95% |
| Iron Ore | 104.9 | 1.06% |
| Coking Coal | 191 | -2.30% |
| Thermal coal | 117 | 1.47% |
| Metal ETFs | Price | Weekly % change |
| GLD | 255.65 | 2.56% |
| GDX | 37.95 | 3.27% |
| GDXJ | 47.63 | 3.50% |
| Sil | 33.79 | 2.36% |
| SILJ | 10.74 | 1.61% |
| GOEX (PCX) | 32.5 | 3.37% |
| URA | 30.53 | 8.92% |
| COPX | 39.94 | 0.28% |
| HUI | 305.86 | 3.10% |
| Gold / Silver ratio | 90.26 | -4.31% |
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