Mining Review 5th May 2024
Calidus Resources had to double the amount of shares on offer in their retail share offer to A$6 million due to investor demand.
Capricorn Metals and West red Lake Gold Mines both released positive updates. Continue reading
Capricorn Metals (ASX: CMM)
Announced an exploration update for their Mt. Gibson and KArlawinda gold projects in Western Australia. Continue reading
Mining Review 14th April 2024
It was another exciting week for gold, with new all time highs being recorded, before a slight pullback late Friday evening.
The big news of the week was Karora Resources announcing a merger with ASX listed Westgold. Capricorn Metals and Orla Mining reported strong starts to 2024. Continue reading
Capricorn Metals (ASX: CMM)
Advised that the Karlawinda Gold Project achieved 26,017 ounces of gold production for the March 2024 quarter.
Gold production for the quarter was in line with the update provided to ASX on 11 March 2024 as a result of in excess of 280mm of rain in the quarter impacting open pit mining activities at KGP. Continue reading
Mining Review February 2024
Our monthly Mining Review has been published, reporting all the news from our watchlist companies.
There were many good drill results reported by our companies including Calibre Mining, Cabral Gold, and Karora Resources, to name but three of many. Continue reading
Has published a new corporate presentation for a recent conference, highlighting the low cost production at Karlawinda, and is developing a second mine at Mt. Gibson. Continue reading
Mining Review 8th January 2024
We revamped our watchlists into four definable tiers, ranging from producing miners to early stage exploration companies.
We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers down to tier 2 until they start delivering on their stated objectives. Continue reading
Market Review December 2023
City Investors Circle have published their Market Review for December 2023.
This includes a rebalancing of the four watchlist tiers to better reflect the current stage and performance of the companies held within them. Continue reading
City Investors Circle
As we approach the end of the year it is a good time to reassess our watchlist tiers, by moving achievers up, and non-achievers down into the tiers appropriate for their stage of production or development.
Coming into the top tier 1 include Galiano Gold (restored after overcoming problems at their Asanko Mine), Calibre Mining, and ASX listed Capricorn Metals. Continue reading
Capricorn Metals (ASX: CMM)
We are initiating coverage of Capricorn Metals, an ASX listed gold producer and exploration and development company based in Western Australia.
Capricorn exactly match our favoured criteria of production in a tier 1 jurisdiction, run by an experienced management team, with initial production and cashflow funding exploration and development of future projects, and organic growth. Continue reading
