Mining Review 3rd March 2024

Mining Review 3rd March 2024

The week began quietly but ended with a bang as the price of gold soared 2.36% on US economic news, and the realisation that rate cuts are off the table for now and the FED is in a tight corner.

Orla Mining acquired Contact Gold to increase the size of their South Railroad Proeject in Nevada. Continue reading

City Investors Circle Tier 1 Watchlist Changes

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

Merry Christmas from City Investors Circle

Merry Christmas from City Investors Circle – London

We would like to wish all our readers a relaxing and peaceful Christmas, and a healthy, prosperous, and Happy New Year for 2024.

It’s been yet another challenging year, but we should remain positive moving into 2024, as there is a growing feeling things are starting to turn positive for the oversold junior mining sector. Continue reading

Gold up and some of Our Stocks are Lively

City Investors Circle

The first few days of the new year have started well for precious metals, with gold and silver up and trading strongly.

Some of our watchlist stocks have had a good first week, with i-80 Gold, Karora Resources, Minera Alamos, and Orla Mining all rising strongly.  Continue reading

Mining Review Sunday Update 12th June 2022

City Investors Circle Mining Review 12th June 2022

This week’s news was dominated by news from down under, with Gold Road and Calidus Resources putting out significant announcements. News from our Canadian watchlist was thin on the ground, with only Westhaven Gold putting out a drilling news release. […]  Continue reading

City Investors Circle Market Update February 2022

City Investors Circle Market Update February 2022

Has been published, with comments on gold, palladium, neon gas, Galiano Gold, Colonial Coal, Orla Mining, and up to date metals prices and performance analysis.

To read the Update, please click HERE

To subscribe to receive future updates, please email andrew@city-investors-circle.com   Continue reading

Mining Review 12th December 2021

Mining Review 12th December 2021

Gold finished the week strongly after inflation fears grew, but silver had another poor week and the gold to silver ratio climbed over 80 again.

The main story of the week is the bid by Kinross for Great Bear, at around  27% premium, when Barrick were rumoured to be suitors as they have staked a lot of land around the Great Bear project. This could result in a bidding war. Continue reading

Mining Review Sunday Update 21st November 2021

Mining Review Sunday Update 21st November 2021

Colonial Coal is surging again after the publication of a positive Canaccord Research report.

Ascot Gold is also climbing as some in the media speculate they could be the next takeover target.

A higher US dollar sent precious metal and commodities prices lower on Friday, turning what had been a good week into a negative one at the death. Continue reading

Mining Review Sunday Update 14th November 2021

Mining Review Sunday Update 14th November 2021

City Investors Circle weekly Mining Review features comments on Gold Road Resources, Apollo Consolidated, Tinka Resources, Orla Mining, Ascot Resources, and Silver Tiger.

Gold is heading upwards and sits at the US$1865 resistance level, as US inflation numbers rise. Newcrest took out Pretium in a US $2.8 billion deal. Continue reading

Mining Review Weekly Update 7th Nov. 2021

Mining Review Weekly Update 7th Nov. 2021

A fairly boring week as far as the mining and commodity sectors go, after a few weeks of excitement involving soaring metal prices, shortages of supply, and M & A activity amongst mining companies. Gold rose on interest rate news.

Who will be next in the M & A queue?  Colonial Coal looks a likely candidate, as do Bardoc Gold, Canuc Resources, and maybe even Cartier Resources, in my view. Continue reading

Mining Review Sunday Update 10th October

Mining Review Sunday Update 10th October

Another poor week for gold, until the US job numbers reported a big miss versus expectations, and then gold ended firmer slightly down from the previous week.

Colonial Coal rose again, as the price of coking coal remains at elevated levels amid reports that some Chinese power plants are burning coking coal due to a shortage of thermal coal. Continue reading