Mining Review 27th October 2024

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Mining Review 27th October 2024

Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

The price of gold hit a new (nominal) all-time high. 

 

 

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Westgold

 

 

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City Investors Circle Mining Review 27th October 2024

The price of gold nearly hit a new (nominal) all-time high, and ended the week at $2,747.70 per ounce. Silver Came along for the ride, but fell back and ended the week at $33.67.

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Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

American Creek announced that Eric Sprott has backed the tokenization of their Cunningham Mining acquisition. As Sprott is a large AMK shareholder, this validates the tokenization project.

All news from last week is below, please click the link for the full report.

   Capricorn Metals Announced a Positive Exploration Update

  Pacgold drilling “Progressing Well”

  Thesis Gold Drilled 8 Metres of 11.39 GPT Gold Equivalent

  BPM Minerals Drill Results Extend the Louie Gold Discovery

  American Creek Acquirer Receives Sprott Token Investment

  Thesis Gold Files Updated PEA for Lawyers-Ranch Project

  Mining Review 20th October 2024

 

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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 £ 2124 1.82%
Gold 2750 1.03%
Silver 33.71 -0.09%
Palladium 1198 10.31%
Platinum 1032 0.88%
Rhodium 4750 -0.52%
Copper 4.27 0.47%
Nickel 7.27 -3.58%
Zinc 1.47 8.09%
Tin 14.16 -0.28%
Cobalt 10.89 0.09%
Manganese 2.94 0.00%
Lithium 9754 -0.20%
Uranium 81.9 -1.68%
Iron Ore 103.7 -0.38%
Coking Coal 202 -1.46%
Thermal coal 145.5 -1.22%
 
 
Metal ETFs Price Weekly % change
GLD 253.32 0.82%
GDX 41.56 -3.68%
GDXJ 52.87 -1.86%
Sil 40.45 2.82%
SILJ 14.35 -0.97%
GOEX  (PCX) 35.44 1.06%
URA 31.56 -3.78%
COPX  45 -1.77%
HUI  331.95 -3.66%
Gold / Silver ratio 81.58 -3.20%

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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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