Market Review April 2026

April produced one standout news release, the acquisition of G2 Goldfields by G Mining Ventures. This has focused attention of other neighbouring explorers in Guyana, such as Altair Minerals and Tajiri Resources.

The Highlighted company is Altair Minerals.

Gold and other metals fluctuated with the news from the American attack on Iran, resulting in higher oil prices and lower gold prices.

 

 

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City Investors Circle Market Review April 2026 published

 

Market Review April 2026

April produced one standout news release, the acquisition of G2 Goldfields by G Mining Ventures. This has focused attention of other neighbouring explorers in Guyana, such as Altair Minerals and Tajiri Resources.

Gold and other metals fluctuated with the news from the American attack on Iran, with the Iranian denials of US demands resulting in higher oil prices and lower gold prices.

 

 

The Market Review for April 2026 has been published.

The focus is on the volatility in oil and the inverse correlation to the gold price.

The major news story in April 2026 was the acquisition of G2 Goldfields by G Mining Ventures, for an average of $560 per ounce of gold.

The high price is down to the synergies the deal creates, with the projects next door to each other, and a mine already under construction.

 

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The highlighted company this month is Altair Minerals, an ASX listed company with exploration licences in the Greater Oko region, surrounding the south and west of G Mining Ventures’ and G2 Goldfields’ projects in Guyana, South America.

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Other significant news in the Review included

 

Ora Banda Mining (ASX: OBM)

Announced record production and cashflow for Q1 2026.

 

To read the April 2026 Market Review, please click HERE.

 

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of March’s news releases is listed below, click the link to be taken to the full story.

  Capricorn Metals Report Exceptional Drill Results at Lexington

  Caprice Divests West Arunta Assets For $2.89M

  Altair Boosted by Endeavour Mining Investment

  Tajiri Resources Launches Concurrent Non‑Brokered Private Placement

  Mining Review 26th April 2026

  Meeka Metals Announce Mt Holland South Gold Acquisition

  Lahontan Reports Cyanide Recoveries Of 81% For Gold and 60% For Silver

  Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold

  Kaiser Reef Drilling Results and Exploration Update

  Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

  Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

  Mining Review 19th April 2026

  Barton Gold Challenger DFS Pit Optimisation Drilling Complete

  Ora Banda Reports Record Production and Cashflow in Q1

  Catalyst Metals’ Trident underground gold production nears

  Wesdome Announces Solid Results

  Orla Mining Falls on Union Concerns

  Omai Gold Increases Indicated Mineral Resources to 2.5m oz Au

  Horizon Minerals Becomes Maritana Minerals

  Mining Review 12th April 2026

  Equinox Gold Delivered 197,628 Oz of Gold in Q1

  Orla Mining Discovers High-Grade Zones at Musselwhite

  G Mining Ventures Acquires G2 Goldfields

  Mogotes Metals Drilling Update at Filo Sur

  Meeka Metals Rain Affected March 2026 Quarter Update

  Kaiser Reef Now Fully Leveraged to Spot Gold Prices

  Western Gold Commences Bore Drilling For Production

  Equinox Gold to Produce 540,000 Ounces of Gold PA

  Omai Gold Intersects 7.74 g/t Au over 13.5m at Wenot

  Benz Mining High-Grade Gold Discovery at Kilkenny

  Market Review March 2026

 

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 may hold shares in some or all of the companies mentioned

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Altair Minerals (ASX: ALR)

Announced that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altairat an issue price of A$0.043 per Placement Share, raising ~A$28.2 million. 

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair.

 

 

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	Altair Minerals	AXS: ALR
	Stage	Exploration
	Metals	Gold
	Market cap	A$328 m @ A$0.055c
	Location	Guyana
	Website	www.altairminerals.com.au

 

 

Altair Announce a $28 Million Premium Placement to Endeavour Mining

 

Altair Minerals Limited (ASX: ALR) (‘Altair or ‘the Company’) is pleased to announce that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altair (Placement Shares) at an issue price of A$0.043 per Placement Share (Placement Price) raising ~A$28.2 million.

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair following completion of the Placement

Strengthened treasury to accelerate and set the foundation to transform the scope of
exploration across Greater Oko
▪ Binding commitment of A$28.2 million received via a strategic placement to Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc. (LSE: EDV, TSX: EDV, OTCQX:
EDVMF) (“Endeavour”) at an issue price of A$0.043 per share (“Placement”).
▪ The Placement price represents a 5% Premium to Altair’s last closing price, and;
40% Premium to 30-Day VWAP (Volume Weighted Average Price)
11% Premium to 5-Day VWAP (Volume Weighted Average Price)
▪ Placement strengthens Altair’s pro-forma treasury to ~A$40 million setting the transformational foundation for exploration success through aggressive drill-testing across Greater Oko over the coming years – with immediate focus on scaling drilling activities and deploying regional exploration teams on untapped greenstone terrain.
▪ Proceeds of the Placement will support Altair in:
Increasing its current maiden drill program to ~50,000m (25,000m Diamond & 25,000m RAB)
Accelerate drilling through multiple rigs, immediately bringing forth a second RAB.
Accelerate current SOKO geochemical programs, immediately doubling trenching and soils rate
Advancing multiple potential discoveries simultaneously, through our application of systematic exploration to drive success
▪ Endeavour is the largest gold producer in West Africa and ranks in the top 10 senior gold producers worldwide. Upon Placement completion, Endeavour will become a 9.90% shareholder of Altair.
▪ Endeavour applies a bespoke methodology to exploration – leading to 22.4Moz Au (Measured & Indicated) in discoveries since 2016, and is strategically aligned with Altair’s large scale exploration plans and long-term vision at Greater Oko.
▪ Both Altair and Endeavour (the “Parties”) will set up a joint Technical Committee to leverage key technical synergies

The Guiana Shield is a continuation of the West African Birimian greenstone belt. The Parties can apply their collective exploration & development success to maximise value at Greater Oko.

The Parties can mutually elect Endeavour’s Executive Vice President of Exploration, Sonia Scarselli, formerly BHP’s Vice President of Exploration and Xplor, (or her alternate) to join as Special Advisor to the Board and Greater Oko Project.
▪ Endeavour’s investment into Altair demonstrates the growing interest by major mining firms globally into Guyana’s untapped gold industry.

 

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Altair Minerals Limited CEO, Faheem Ahmed, commented:

“We are excited to add Endeavour as a substantial strategic investor into Altair and to accelerate our Greater Oko exploration programme, leveraging the technical support from one of the most successful gold exploration teams globally.

 

“Endeavour is the largest gold producer in West Africa, renowned for its exploration track record and technical expertise across the West African Birimian Greenstone Belt.

 

“The greenstone belts on the Guiana Shield represent a geological continuity of the Birimian Greenstone Belt, which presents a unique synergy between both companies, allowing Altair to leverage the technical acumen at Endeavour in order to fasttrack exploration success at Greater Oko.

 

“The Greater Oko Project represents a unique consolidated land position in Guyana – where permits are fragmented in ownership and typically each block sits at approximately 4km Sq – presenting a major barrier to entry into one of the most prospective and untapped gold provinces globally.

 

“Greater Oko remains the largest consolidated gold exploration project in the country, with Altair seeking to unlock its value through a multi-year campaign.

 

“Endeavour’s investment into Altair, given their technical expertise in greenstone belt exploration, is a strong endorsement of the prospectivity and scalability of Altair’s land package.

 

“Both companies have a mutual appreciation and understanding for the unique opportunity present at hand with the Greater Oko Project in Guyana, a dominant land position sitting on the last untapped ‘Birimian-Like’ greenstone belt on the planet that sits on a pro-mining and politically stable jurisdiction.

 

“The ambitious exploration goals set by Altair follows a similar strategy set out by Endeavour across their portfolio. Hence, it is pleasing to bring Endeavour as a substantial shareholder, to join us on this journey as we begin scaling exploration and execution, with the added optionality of leaning on their technical support team to fast-track discovery.

 

“This Placement positions Altair to aggressively explore across Greater Oko and deliver exploration success. Immediately, we will seek to scale-up our drill programs while in parallel we increase our logistics and human resources over the coming weeks to prepare for materially larger regional exploration programs.

 

“Altair would like to thank all current and new shareholders for their continued support, and we look forward to updating the market with promising developments over the coming months”

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To read the full news release, please click HERE

 

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To view the latest Altair Minerals share price and chart, please click HERE

To View Altair Minerals’ historical news, please click here

.The live Spot gold price can be found HERE

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.

.

Disclosure

At the time of writing the author holds shares in Altair Minerals. 

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To read our full terms and conditions, please click HERE