Mining Review 9th June 2024
It was an eventful week for Calibre Mining, reporting good drill results near their Valentine gold project in Newfoundland, and a “partial slope movement” at their mine in Nicaragua. It was the latter than the market focused on.
We have to hope that this can be contained and repaired without serious incident.
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City Investors Circle Mining Review 9th June 2024
It was an eventful week for Calibre Mining, reporting good drill results near their Valentine gold project in Newfoundland, and then a “partial slope movement” at their mine in Nicaragua. It was the latter than the market focused on.
We have to hope that this can be contained and repaired without serious incident, but the share price fell as investors became nervous. this will act as a drag on the price until, hopefully, the company comfirms the problem has been resolved.
Thesis Gold reported some very positive metallurgical testing and gold and silver recovery values for their Lawyers-Ranch project in northern B.C.
Barton Gold reported good progress at their 7,000m drill program, where highlighted samples have been sent for expedited assessment.
The week’s news releases for stocks on our watchlists are listed below, click on the link to be taken to the full story.
West Red Lake Gold Mines Outlined the 2024 Madsen Mine Plans
Calibre Mining Found New Gold Mineralisation At Valentine
Thesis Gold gave Positive Metallurgical Tests for Lawyers-Ranch
Calibre Mining Reported a Partial Slope Movement at Limon Norte
Barton Gold Tarcoola Goldfield Drilling Update
Wesdome Gold Reported Q1 2024 Financial Results
Click here to view all historical archive reports
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Market Data
Weekly price changes
(US$ unless stated)
| Metal Prices | Price | Weekly % change |
| Gold price in UK £ | 1806 | -1.31% |
| Gold | 2294 | -1.46% |
| Silver | 29.19 | -4.04% |
| Palladium | 918 | -5.36% |
| Platinum | 973 | -7.16% |
| Rhodium | 4700 | -0.53% |
| Copper | 4.5 | -3.64% |
| Nickel | 8.22 | -8.46% |
| Zinc | 1.29 | -5.15% |
| Tin | 14.46 | -3.66% |
| Cobalt | 12.07 | -0.33% |
| Manganese | 5.46 | 0.55% |
| Lithium | 13596 | -4.80% |
| Uranium | 87.2 | -3.75% |
| Iron Ore | 108.8 | -7.80% |
| Coking Coal | 326 | 0.00% |
| Thermal coal | 134.5 | -3.93% |
| Metal ETFs | ||
| GLD | 211.6 | -1.72% |
| GDX | 33.54 | -4.99% |
| GDXJ | 41.96 | -7.02% |
| Sil | 31.71 | -8.59% |
| SILJ | 11.49 | -8.37% |
| GOEX (PCX) | 27.7 | -6.26% |
| URA | 29.96 | -7.07% |
| COPX | 45.46 | -5.67% |
| HUI | 263.12 | -5.77% |
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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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