Tag Archives: Fiore Gold

Mining Review Sunday Update 9th January 2022

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City Investors Circle Mining Review 9th Jan. 2022

Gold has fallen back once again after the FED indicated it would raise interest rates in March, and the US dollar and bond yields rose.

Gold is hanging around $1,800, but many market commentators are predicting a fall as the rate hike nears, so maybe a time to look at moving some funds into cash until the next gold bull run starts. Gold stocks are already beaten up with many falling around 50% in a year, so you have to ask how much more can they fall?

Copper and some other base metals covered by the Market Review also fell, as the US dollar gained strength. Continue reading →

Fiore Gold Proxy Advisor Recommends Calibre Bid

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FIORE GOLD LTD. (TSX.V: F)

Announced that Institutional Shareholder Services (“ISS”) has recommended that Fiore shareholders vote FOR the proposed acquisition by Calibre Mining Corp, of all of the issued and outstanding shares of Fiore at the upcoming special meeting of shareholders  to be held on January 5, 2022. Continue reading →

Monthly Mining Review October 2021 Published

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Monthly Mining Review – October 2021

City Investors Circle published their monthly mining review for October 2021, which highlighted a growing shortage of magnesium and aluminium, due to Chinese smelters being offline, due to a coal shortage causing power cuts in the industrial northern area.

Colonial Coal (CAD.V) was the biggest riser in the portfolio for the second month in a row, a terrific feat. Other stocks mentioned include Apollo Consolidated, Fiore Gold, Latrobe Magnesium, Karora Resources, and Newcore Gold.  […]  Continue reading →

Fiore Gold Accepts Calibre Mining buyout Offer

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Fiore Gold (TSX.V: F)

Fiore Gold announced today they had accepted a bid from Calibre Mining for the company.  Calibre are based in unfashionable Nicaragua, so Fiore offers them a chance to diversify into a tier 1 jurisdiction.

Fiore shareholders will receive 0.994 of a Calibre common share and C$0.10 in cash for each Fiore common share held[…] Continue reading →

Mining Review Sunday Update 17th October 2021

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Mining Review Sunday Update 17th Oct. 2021

Copper and coal remain the key stories at the moment, as a shortage of supplies in both key commodities is driving their prices higher. Colonial Coal (TSX.V: CAD) rose to an all time high on the back of M & A speculation as a result.

Gold had a good week until Friday when US inflation numbers drove erased most of the week’s gains in a flash. Continue reading →

Fiore Gold Achieves Record gold Production in Q4

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FIORE GOLD LTD. (TSX.V: F)

Announced preliminary record gold production results for the Company’s fourth fiscal quarter (“Q4”) and the full fiscal year 2021 which ended September 30th, 2021, for its Pan open pit mine.

Fiore also achieved annual production guidance for the third consecutive year. Continue reading →

Mining Review Sunday Update 19th September

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Mining Review Sunday Update 19th September

The story of the week again, sadly, was the falling gold price, into the mid 1700’s, due to better than expected US retail figures, and a strengthening US dollar.

Iron ore is another casualty, but for a different reason.  Coking coal is roofing it as supply is tight, bring companies like Colonial Coal into investor focus. Continue reading →