Mining Review 13th August 2023
Mining Review 13th August 2023
Not much of a week for investors in the junior mining sector, gold and silver fell on US rate rise anticipation, and there was little news from companies on our watchlist.
Cartier Resources, Karora Resources, and Marathon Gold put out positive drilling and development news.
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Marathon Gold Valentian Project.
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City Investors Circle Mining Review 13th August 2023
Not much of a week for investors in the junior mining sector, gold and silver fell on US rate rise anticipation, and there was little news of substance from companies on our watchlist.
It has to be remebered that teams are in the field drilling suring the Candian summer, so news will start to arrive from september onwards.
News from companies on our watchlist.
Cartier Resources, Karora Resources, and Marathon Gold put out positive drilling and development news.
Otherwise it was a farily quiet week, as you can see from the list below.
The Diggers and Dealers Conference took place in Kalgoorlie, so ASX listed companies would likely have had their news out before the show, possibly contributing to the dearth of news this past week.
What little news there was can be viewed by clicking the links below.
Cartier Resources Highlighted 15km Gold Potential at Chimo
Karora Resources Released further Beta Hunt drill results
Rumble Resources Tipped by Wilson AM
Calidus Resources MD Interviewed at Diggers 2023
Marathon Gold Provides Q2 Construction Report
| Gold price in UK £ | 1508 | -1.18% |
| Gold | 1914 | -1.49% |
| Silver | 22.7 | -3.98% |
| Palladium | 1298 | 2.29% |
| Platinum | 918 | -1.18% |
| Rhodium | 4100 | 0.00% |
| Copper | 3.82 | -0.13% |
| Nickel | 9.16 | -6.72% |
| Zinc | 1.12 | -0.88% |
| Tin | 12.13 | -6.98% |
| Cobalt | 14.85 | 0.00% |
| Manganese | 2.97 | 0.68% |
| Lithium | 34324 | -4.26% |
| Uranium | 56.75 | 0.89% |
| Iron Ore | 100 | -5.57% |
| Coking Coal | 236 | 0.00% |
| Thermal coal | 148.5 | 4.58% |
| Magnesium | 3047 | -0.91% |
| Lumber | 494 | -0.40% |
| GDX | 29.46 | -0.34% |
| GDXJ | 35.41 | -0.42% |
| Sil | 26.32 | 0.57% |
| SILJ | 9.53 | -1.04% |
| GOEX (PCX) | 24.18 | -1.87% |
| GLD | 177.6 | -1.44% |
| COPX | 38.45 | -3.97% |
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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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 Calidus Resources and Karora Resources.
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