Mining Review Sunday Update 30th January 2022

City Investors Circle Mining Review 30th Jan. 2022

Gold was rising nicely until the FOMC meeting, but then reversed and lost value as the FED’s hawkish stance reversed earlier gains.

Lithium is the clear winner amongst the risers in the metal sector, followed by coking coal and palladium.   […] 

 

.

Tinka Resources Sylvia project, Peru

Tinka Resources Sylvia project, Peru

 

.

Just a brief review this week as the Monthly Review will be published tomorrow.

 

/

City Investors Circle Mining Review 30th Jan. 2022

Gold was rising nicely until the FOMC meeting, but then reversed and lost value as the FED’s hawkish stance reversed earlier gains, see HERE.

Gold often bottoms just before rate hikes kick in, and then rises afterwards, so we should remain vigilant for opportunities.

Lithium is the clear winner amongst the risers in the metal sector, followed by coking coal and palladium.

 

News from stocks on out watchlist this week.

 

  Rokmaster Reports Assay Results from Revel Ridge

  Cabral Gold Drills 55.1m @ 1.1 g/t gold at Cuiú Cuiú

  Galiano Gold Provided Exploration Drilling Update

  Ascot Resources Premier Mine Funding Shortfall

  Wesdome Gold Q4 2021 and Full Year Results

  03 Mining Intersects 12 g/t Au Over 8.3 M at Kappa

.

 

Market Data

(All quoted in US$)

.

Precious metals

Gold 1789 1%
Silver 22.38 6%
Palladium 2381 8%
Platinum 1012 6%
Rhodium 16850 -5%

 

.

Base Metals

Copper 4.48 0%
Nickel 10.37 8%
Zinc 1.66 3%
Tin 19.57 6%

 

.

Energy Metals

Cobalt 31.96 0%
Manganese 3.34 5%
Lithium 56961 10%
Uranium 45.05 1%

 

.

Bulk commodities

Iron Ore 138 4%
Coking Coal 439 5%
Magnesium 6917 -2%

.

.

=======

.

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.

.