Mining Review 9th February 2025
Mining Review 9th February 2025
Calibre Mining added 30% gold at the Leprechaun pit at Valentine.
Westgold shares hammered after lower guidance revision.
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Cornish Metals South Crofty Mine, Pool, Cornwall. UK
It’s been another good week for investors in the mining space, with producing miners rising as the gold price reaches new (nominal) highs, rising 1.9% to $2,855.
I have been reviewing my personal portfolio for non performing copanies and have made a couple of sales. The principal sales were American Creek Resources, and Sierra Metals (not a watchlist company).
American Creek keeps delaying the gold crypto token backed takeover by Cunningham Mining, and I have a feeling this is not going to conclude, it’s taken a long time now, and the delays are encouraging.
I also sold Sierra Metals, as they are subject to a really poor bid by a Peruvian company.
With the funds I added to my holdings of Lefroy Exploration, lowering my average to close to the current share price. I also added to Meeka Metals, and made an initial investment in Horizon Minerals. All three are ASX listed.
The common demoninator of all is they are junior explorers all going into early production to fund ongoing exploration.
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City Investors Circle Mining Review 9th February 2025
Barton Gold Drilling Complete at Tolmer Au-Ag Discovery
Calibre Mining Added 30% Gold at Leprechuan
Ascot Resources Delays Mining Resumption Due To Capital Shortfall
Capricorn Metals Expanded Mt Gibson Project Tenure
American Creek Further Extends the Plan of Arrangement
Westgold Share Price Hammered as Guidance Cut
Mining Review 2nd February 2025
Mining Review for January 2025 Published
Read more: http://www.city-investors-circle.com/archives/#ixzz8zbNBtNHo
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| Metal Prices | 09225 | Weekly % change |
| Gold price in UK £ | 2307 | 1.72% |
| Gold | 2855 | 1.96% |
| Silver | 32.19 | 2.29% |
| Palladium | 985 | -5.56% |
| Platinum | 1022 | -4.58% |
| Rhodium | 4500 | -1.64% |
| Copper | 4.18 | 2.20% |
| Nickel | 7 | 1.60% |
| Zinc | 1.27 | 2.42% |
| Tin | 13.97 | 2.49% |
| Cobalt | 9.77 | -8.95% |
| Manganese | 2.9 | 0.00% |
| Lithium | 10140 | -0.05% |
| Uranium | 70.35 | -0.78% |
| Iron Ore | 104.8 | -1.60% |
| Coking Coal | 188 | 0.53% |
| Thermal coal | 115 | -0.86% |
| Metal ETFs | Price | Weekly % change |
| GLD | 263.98 | 2.10% |
| GDX | 41.04 | 5.34% |
| GDXJ | 51.13 | 5.71% |
| Sil | 36.16 | 4.54% |
| SILJ | 11.48 | 5.81% |
| GOEX (PCX) | 34.6 | 5.30% |
| URA | 29 | 2.44% |
| COPX | 41.12 | 7.70% |
| HUI | 328.84 | 5.16% |
| Gold / Silver ratio | 88.97 | 0.65% |
| 10 yr Tbond (TNX) | 4.497 | -1.82% |
| 2 yr T bond US2Y | 4.28 | 1.78% |
| US index (DXY) | 108.14 | -0.32% |
| SPJXGD | 65.01 | 4.12% |
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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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At the time of writing the author may hold positions in any of the stocks mentioned.
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