Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold.
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PAcgold Alice River Project location map, Queensland, Australia
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City Investors Circle Mining Review 4th June 2023
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold.
Pacgold Intersects Targeted Broad Zones of Veining
Neometals’ Primobius Positive Update
Minera Alamos Cerro de Oro Finance package Agreed
City Investors Circle Market Review May 2023 Published
Ascot Resources Reported Q1 Results and Construction Update
Gold Road 2023 AGM Presentation
City Investors Circle Mining Review 28th May 2023
Market Data
Week on week price changes
(US$ unless stated)
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Metal Prices
| Gold price in UK £ | 1568 | -0.63% |
| Gold | 1948 | 0.05% |
| Silver | 23.62 | 1.24% |
| Palladium | 1421 | -1.93% |
| Platinum | 1008 | -2.80% |
| Rhodium | 6500 | -5.80% |
| Copper | 3.72 | 3.62% |
| Nickel | 9.46 | -1.25% |
| Zinc | 1.03 | 1.98% |
| Tin | 11.6 | 3.39% |
| Cobalt | 13.08 | -2.32% |
| Manganese | 3.06 | 0.00% |
| Lithium | 40626 | 2.10% |
| Uranium | 54.6 | 1.87% |
| Iron Ore | 102.2 | 6.79% |
| Coking Coal | 224 | -1.75% |
| Thermal coal | 131 | -6.43% |
| Magnesium | 3289 | -4.36% |
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ETF prices
| GDX | 31.41 | 3.29% |
| GDXJ | 37.57 | 3.44% |
| Sil | 27.49 | 3.27% |
| SILJ | 9.98 | 4.50% |
| GOEX (PCX) | 25.58 | 3.90% |
| GLD | 181.05 | 0.07% |
| COPX | 37.33 | 4.80% |
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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 Ascot Resources, Gold Road Resources, Minera Alamos, and Pacgold.
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