Mining Review 28th September

Mining Review 28th September

West Red Lake Gold Mines disappointed me with yet another fund raise.

Gold Road to exit the ASX with gold at an all time high.

 

 

.

Galiano Gold

Courtesy of Asanko Gold Mining

image_pdfimage_print

City Investors Circle Mining Review 28th September

West Red Lake Gold Mines disappointed me with yet another fund raise. I have sold half my holdings as I have lost faith in management, after being told the previous financing would be the last one prior to production.

Gold Road to exit the ASX with gold at an all time high, as its acquisition by Gold Fields completes.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

  Equinox Gold – Workers Reported Injured at Valentine Gold Mine

  Lefroy Exploration’s High-Grade Gold Assays Support Lucky Strike Expansion

 Initiating Coverage – Erdene Resource Development

  Barton Gold’s Soil Assays Indicate Extensions and New Targets

  West Red Lake Gold Upsizes Bought Deal Financing

  Gold Road to Cease Trading on The ASX

  Mining Review 21st September 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2808 2.59%
Gold in AUD$ 5761 3.04%
Gold 3763 2.06%
Silver 46.26 6.93%
Palladium 1248 7.87%
Platinum 1575 13.23%
Rhodium 7025 0.00%
Copper 4.78 6.46%
Nickel 6.53 -4.53%
Zinc 1.28 0%
Tin 15.75 -0.63%
Cobalt 15.75 4.10%
Lithium 10063 -0.31%
Uranium 83.6 8.57%
Iron Ore 103.5 -8.41%
Coking Coal 187 -0.53%
Thermal coal 108 0.00%
Metal ETFs Price Weekly % change
GLD 346.74 2.28%
GDX 74.68 3.72%
GDXJ 96.21 4.58%
Sil 70 5.23%
SILJ 22.48 7.05%
GOEX  (PCX) 65.89 2.95%
URA 48.41 -3.04%
COPX  57 6.54%
HUI  604.46 4.64%
Gold / Silver ratio 81.34 -4.56%

.

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based 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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE