Monthly Review May 2024
Has been published by City Investors Circle.
The highlighted company is Ora Banda Mining, and featured companies include Aris Mining and Karora Resources, plus a potential takeover target in Australia.
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City Investors Circle Monthly Review May 2024
The highlighted company is Ora Banda Mining, in production in Western Australia, looking ot increase gold production from 70,000 Oz PA to 100,000 Oz PA in 2025.
Ora banda has a 110 KM trend with a “string of pearls” of targets, and are looking to pivot to underground mining for higher grades and lower costs.
AISC is around A$2,400, and the gold price in Australia is currently A$3,550, so plenty of cashflow to expand exploration and develop their other projects..
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Other featured companies include Aris Mining and Karora Resources, plus a potential takeover target rumour from Australia..
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Precious and industrial metal prices in May were virtually all positive, and we list the gainers and very few losers monthly changes..
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All the company news from May 2024 is listed below, please click on the link to be taken to the full story on the website.chives
American Creek’s JV Partner Files Updated MRE
G Mining Ventures Gaves a Positive Update on the TZ Project
Neometals Option to acquire PM Waste Recovery Plant
West Red Lake Gold Mines Strengthened their Investor Relations Team
Aris Mining to Increase Ownership of Soto Norte to 51%
Cornish Metals Land Purchase at South Crofty
West Red Lake Gold Mines Intersected 37.33 g/t Au over 2.79m
Neometals Final Stage of ELi™ Pilot Trial Commences
Impact Minerals funded to complete Pre-Feasibility Study at Lake Hope
Gold Road Rose on Potential Bid Target Rumours
Aris Mining Reported Q1 2024 Results, $13.8 M Cash Flow
Cornish Metals’ Response To Share Price Movement
Calibre Mining Reported Strong Progress At Valentine
I-80 Gold Reported Q1 2024 Operating Results
Karora Resources Reported Record Revenue and Strong Cashflow in Q1
West Red Lake Gold Mines Clarified Madsen Has Resources, not Reserves
Gold Road Resources Lowers De Grey Mining Stake
West Red Lake Gold Mines Intersected 21.33 g/t Au over 3.1m
Calibre Mining To Update On The Valentine Gold Mine
Karora Resources and Westgold Merger Presentation
Gold Road Resources Results Presentation
Thesis Gold Announced An M & I Resource Of 4 Moz
Calidus Doubled their Share Purchase Plan to A$6m
Galiano Gold Q1 Operating and Financial Results
Capricorn Metals Announced an Exploration Update
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To read the full May 2024 Newsletter, please click HERE
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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 some of the companies mentioned above.
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