Mining Review 16th August 2026

Mining Review 16th August 2026

Cabral Gold received the operating licence for its Cuiu Cuiu gold mine in Brazil.

G Mining Ventures and Avino Silver both reported strong operating and financial results.

 

 

City Investors Circle

 

 

 

 

 

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City Investors Circle Mining Review 16th August 2026

Cabral Gold received the operating licence for its Cuiu Cuiu gold mine in Brazil, and is set to commence phase 1 mining immediately. The share price reacted positively.

G Mining Ventures and Avino Silver both reported strong operating and financial results.

Copper Giant and Errington Metals both received strong financial backing from the markets in placements.

 

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Full access to this week’s news stories can be found by clicking the links below,

 Cabral Gold Received the Operating License for the Cuiú Cuiú Gold Mine

  G Mining Ventures Reported Strong Q2 2026 Results

  Avino Silver Reported Q2 2026 Financial Results

  Copper Giant Received Placing Funds from Denarius

  Errington Metals Upsizes Private Placement To $30 Million

  Westgold Cue Hub Expansion to 1.7Mtpa in FY28

  Lahontan Drilled 12.2m Grading 1.25 g/t Au Oxide at Clavada East

  Mining Review 8th August 2026

 

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price % change
Gold price in UK £ 3234 0.47%
Gold in AUD$ 6179 0.59%
Gold 4376 0.81%
Silver 65.58 3.34%
Palladium 1298 -4.35%
Platinum 1745 0.11%
Rhodium 8550 3.64%
Copper 6.58 0.00%
Nickel 7.61 -1.17%
Zinc 1.7 1.19%
Tin 27 6.13%
Cobalt 25.53 0.00%
Lithium 20685 2.25%
Uranium 87.25 0.87%
Iron Ore 95 -0.29%
Coking Coal 222 3.02%
Thermal coal 134 3.47%

 

 

 

Click HERE for live Spot Metal Prices 

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City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

To read our full terms and conditions, please click HERE



Avino Silver Reports Q2 2026 Financial Results

Avino Silver (TSX: ASM) 

A long-standing silver producer in Mexico, announces its unaudited condensed interim consolidated financial results for the second quarter of 2026. 

The Company achieved $26.8 million in revenues for Q2 2026, an increase of 23% from Q2 2025.

 

 

 

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Avino Silver

La Preciosa Mine – Courtesy of Avino Silver

AVINO REPORTS Q2 2026 FINANCIAL RESULTS

 

Avino Silver & Gold Mines Ltd. (ASM: TSX / NYSE American; FSE: GV6) a long-standing silver producer in Mexico, announces its unaudited condensed interim consolidated financial results for the second quarter of 2026. All amounts are in U.S. dollars unless stated otherwise.

 

Second Quarter 2026 Financial Highlights

  • Revenues: The Company achieved $26.8 million in revenues for Q2 2026, an increase of 23% from Q2 2025. 54% of revenues were derived from silver production at an average realized price of $68.90 per ounce.
  • Mine Operating Income: Mine operating income was $13.0 million, an increase of 27% from Q2 2025.
  • Net Income: Earnings, or net income after taxes, was $10.9 million, or $0.06 per diluted share, an increase of 281% and 200%, respectively, from Q2 2025. 
  • Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”)3 and Adjusted Earnings3: EBITDA was $12.6 million, an increase of 69% from Q2 2025. Adjusted earnings were $11.1 million, or $0.06 per share, an increase of 26% and unchanged, respectively, from Q2 2025.
  • Strong Cash Provided by Operating Activities and Operating Cash Before Working Capital Adjustments3: Cash provided by operating activities was $13.3 million, an increase of 59% from Q2 2025. The Company generated operating cash before working capital adjustments of $8.3 million, an increase of 32% compared to Q2 2025. 
  • Mine Operating Cash Flow Before Taxes: Mine operating cash flows before taxes was $14.4 million, an increase of 28% from Q2 2025.

 

 

 

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David Wolfin, President and CEO said,

“During the second quarter, the Company continued its main focus of advancing La Preciosa while free cash flow from Avino further adds to the balance sheet quarter after quarter.

 

”With La Preciosa development material doubling in mine and mill throughput during the quarter, our transformational growth plan toward becoming a Mexico-focused mid-tier primary silver producer remains on track, and we continue working on delivering long-term value for our shareholders.”

 

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To read the full news release, please click HERE

 

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The live Spot gold price can be found 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

.

=======

,

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 no shares in Avino Silver and Gold.

.

To read our full terms and conditions, please click HERE



Mining Review 26th July 2026

Mining Review 26th July 2026

Avino Silver, New Murchison Gold, and Westgold posted quarterly results.

Cabral Gold and Lahontan Gold announced good drill results.

 

 

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City Investors Circle

 

 

 

 

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City Investors Circle Mining Review 26th July 2026

 

 

Avino Silver, New Murchison Gold, and Westgold posted quarterly results.

Cabral Gold and Lahontan announced good drill results.

 

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It was another turbulent week in the markets, particularly mining stocks and commodities, as Trump’s war on Iran swayed to and fro from total annihilation of the population to peace talks, on a daily basis.

It’s nigh on impossible to time an entry at the moment so I just take a long term view and ignore the noise.

I traded a little with my Pacgold sale funds, adding to my position in Equinox Gold as it simply looks too cheap in my opinion. I am taking a long term view based on a premier management team that has been successful in creating shareholder value over a number of companies.

 

 

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Full access to this week’s stories can be found by clicking the links below,

   Avino Silver Announced Q2 2026 Production Results

  New Murchison Gold Posted Quarterly Results for June 2026

  Lahontan Drilled 9.9m at 2.40 g/t Au and 50.7 g/t Ag in Santa Fe Mine Stockpile

  AIC Mines Announced a New MD as Joseph El-Raghy Retires

  Westgold Gold Production Beats FY26 Guidance

  Cabral Gold Drill Results from Infill Drilling at the MG Gold Deposit

  AIC Mines Announce Eloise Three-Year Production Outlook

  Mining Review 19th July 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 3042 2.42%
Gold in AUD$ 5804 1.47%
Gold 4052 1.50%
Silver 58.03 4.35%
Palladium 1227 0.08%
Platinum 1585 0.19%
Rhodium 7825 -0.63%
Copper 6.2 1.81%
Nickel 7.78 4.29%
Zinc 1.65 3.12%
Tin 24.19 0.33%
Cobalt 25.53 0.00%
Lithium 20457 -4.07%
Uranium 86.8 1.28%
Iron Ore 98 -2.00%
Coking Coal 226 -3.00%
Thermal coal 136 3.03%
Metal ETFs Price Change
GLD 372 1.09%
GDX 75 5.63%
GDXJ 98 6.52%
Sil 75 4.17%
SILJ 25 4.17%
GOEX  (PCX) 70 6.06%
URA 40 2.56%
COPX  78 6.85%
HUI  626 5.74%
Gold / Silver ratio 69.83 -2.73%

 

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Click HERE for live Spot Metal Prices 

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.

City Investors Circle is based 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 emailandrew@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.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

 

 



Avino Silver Announces Q2 2026 Production Results

Avino Silver & Gold Mines (TSX: ASM)

Reported Q2 2026 production results of 267,305 silver ounces , 2,178 gold oz, and 729,929 pounds of copper, for a total of 534,945 silver equivalent oz.

Q2 2026 represented a meaningful increase in contribution from La Preciosa with a 59% increase in silver production.

 

 

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Avino Silver

La Preciosa silver mine, Durango, Mexico – Courtesy of Avino Silver

 

 

 

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Avino Silver TSX: ASM
Stage Production
Metals Silver, Gold, Copper
Market cap C$1.39 billion @ C$7.95
Location Durango, Mexico
Website www.avino.com

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AVINO ANNOUNCES Q2 2026 PRODUCTION RESULTS
 

 

 

 

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Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) a long-standing silver producer in Mexico, reports second quarter 2026 production results of 267,305 silver ounces (“oz”), 2,178 gold oz and 729,929 pounds of copper (“lbs”), for a total of 534,945 silver equivalent1 (“AgEq1”) oz.

 

 

 David Wolfin, President and Chief Executive Officer of Avino Silver said,

 

“The second quarter of 2026 represented a meaningful increase in contribution from La Preciosa with a 59% increase in silver production, as we continue to move the project forward.

 

“Mill performance remained solid during the quarter, with tonnes milled exceeding expectations and contributions from La Preciosa development ore continued to increase throughout the quarter.

 

“We will continue to optimize performance across our operations to advance our transformational growth plans.

 

“As noted previously and as La Preciosa advances, we expect that total 2026 production will be more heavily weighted to the second half of 2026.”

 

 

 

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PRODUCTION HIGHLIGHTS – Q2 2026

  • Steady Progress at La Preciosa:  Ongoing extraction, haulage, and processing of mineralized development material from La Preciosa was above plan in Q2 2026, primarily due to Mill Circuit 2 becoming available. This increased throughput was offset by intentional processing of lower-grade development ore during elevated metal prices, that would have otherwise been stockpiled. 
  • Increased La Preciosa Development Production: Avino produced 534,945 silver equivalent1 ounces in Q2 2026, a decrease from Q2 2025, and was a result of lower copper production. The decrease reflects planned mining sequencing into lower copper grade areas near the historical open pit operations at Avino. At La Preciosa, development production increased 59% from Q1 2026, contributing 100,658 AgEq1 ounces, and consisting of 84,806 silver oz and 182 gold oz.
  • Consistent Mill Throughput: In Q2 2026, mill throughput remained on plan with 184,293 tonnes processed from both Avino and La Preciosa. Continued steady mill performance and availability reflects the impact of targeted upgrades and automation initiatives led by our operations and maintenance teams over recent years. 

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To read the full news release, please click HERE

 

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The live Spot gold price can be found HERE

.

=======

.

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.

.

Disclosure

At the time of writing the author holds no shares in Avino Silver and Gold.

.

To read our full terms and conditions, please click HERE