Mining Review 6th April 2025

Mining Review 6th April 2025

It’s been a horrible week for investors in the markets as Trump’s “Liberation Day” tariffs turned the markets upside down.

The price of gold is down modestly, but some of my gold producers have fallen far more.

 

 

..

Meeka Metals

Courtesy of Meeka Metals

 

 

City Investors Circle Mining Review 6th April 2025

It’s been a horrible week for investors in the markets as Trump’s “Liberation Day” tariffs turned the markets upside down.

The price of gold is down modestly, but some of my gold producers have fallen far more.

After a storming month in March it’s painful to have to give back some of the gains just as the producing gold miners had built up a head of steam and looked to be finally responding to the high gold price.

The only consolation is that the price of gold is still 8% above where it was a month ago, despite the recent drop.

Silver lost a whopping 13.21% last week!   This has taken the gold / silver ratio over 100, the first time since 2021 it’s been over 100.

It’s no great shock that the base metals went into meltdown either, copper down n enormous 14% in a week is still a shock though.

——-

 

Amongt the compnies we follow on our watchlists, there was generally good news despite it not being reflected in their share prices.

Meeka Metals announced a positve development uodate as well as somme high-grade drill results from ther Murchison property.

Cabral Gold continues to pump out some good drill intercepts, 3m at 15.9 gpt is nice in gram metre terms.

Cornish Metals acquired some land that wil be useful for their minesite support infrestructure. The company is very quiet on shaft refurbishment and dewatering news though.

.

——-

All the news from our tier 1 and 2 watchlists companies last week is below, click on the link to be taken to the full story.

 Cabral Gold Drilled 3m @ 15.9 g/t gold at Machichie

  Meeka Metals Murchison Development Update

  Cornish Metals Acquired More Land at South Crofty

  Horizon Metals First Ore Processing Update

  City Investors Circle Market Review March 2025

  Meeka Metals Announced 36m of 2.82 G/T Gold at Turnberry

  Mining Review 30th March 2025

 

——-

.

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2366 -1.05%
Gold 3040 -1.49%
Silver 29.69 -13.21%
Palladium 925 -4.54%
Platinum 993 1.02%
Rhodium 5625 -2.60%
Copper 4.38 -14.62%
Nickel 6.67 -10.35%
Zinc 1.21 -6.92%
Tin 16.93 7.83%
Cobalt 15.38 -4.71%
Manganese 4 0.00%
Lithium 9873 -0.39%
Uranium 64.9 0.93%
Iron Ore 103 -0.29%
Coking Coal 177 1.55%
Thermal coal 102.5 2.50%
Metal ETFs Price Weekly % change
GLD 279.72 -1.53%
GDX 41.68 -8.54%
GDXJ 51.38 -9.62%
Sil 34.73 -12.05%
SILJ 10.46 -14.40%
GOEX  (PCX) 34.2 -9.81%
URA 20.82 -9.87%
COPX  32.67 -18.35%
HUI  325.8 -9.32%
Gold / Silver ratio 102.39 13.51%

 

.

Click HERE for live Spot Metal Prices 

#

.

.=======

.

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

.

=======

,

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