Mining Review Sunday Update PDAC 2022
Another poor week for the junior mining sector as prices slid further downwards, with the TSX Venture Exchange Index down 9% in a week.
It was the week that Osisko Development announced the temporary closure and care and maintenance of the former Barkerville Gold’s Bonanza Ledge Mine in the Cariboo, due to the higher costs of mining. […] Continue reading
Mining Review Sunday Update 24th April 2022
Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.
Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold. […] Continue reading
Mining Review Sunday Update 17th April 2022
Another good week for gold and other precious metals as US interest rates are looking like having a .5% hike soon. Sadly the other reason is the continuing war in Ukraine.
Companies are releasing drill results from early campaigns, including Cabral Gold and Westhaven Gold. Minera Alamos continues its mine startup at Santana, Mexico.
Mining Review Sunday Update 10th April 2022
City Investors Circle Mining Review for the 10th April 2022.
Companies covered include, Ascot Resources, Calidus Resources, Canuc Resources, Cyprium Metals, Gold Road Resources, and Orla Mining.
Mining Review Market Update 27th March 2022
Another week of chaos in the world making markets very hard to predict.
Nickel continues to rise again as longs have a trapped short, the Chinese ‘Big Shot’ cornered, and sense some easy blood. Continue reading
Mining Review Sunday Update 20th March 2022
Nickel prices are back to normal, whatever that is, after a strange week where trading on the LME was interrupted several times, after deals were reversed earlier, ostensibly to bail out a horrendously underwater Chinese trader.
Gold remains above $1900 per ounce, despite interest rate rises this week being less than anticipated. Continue reading
City Investors Circle Mining Review 13th March 2022
Metal prices were heavily influenced by the Ukrainian conflict, with nickel making the headlines due to the price rising to $100,000 on the LME, before the market was closed as trading was becoming irrational.
Thermal coal also rose strongly in price as countries such as Germany move to secure supply to possibly replace Russian gas. Uranium rose strongly as Russia supplies 16% of US uranium imports. Continue reading
City Investors Circle Mining Review 6th March 2022
The war in Ukraine is causing price rises in most precious and base metals, as supply concerns dominate the markets.
Russia is a massive supplier of many critical metals, such as titanium alloy, nickel, platinum, palladium, and coal, and these metals are experiencing price rises as consumers scramble to secure supply. Continue reading
Mining Review Sunday Update 27th February 2022
War in the Ukraine is dominating the markets, and one beneficiary has been gold, as it always in in times of crisis and uncertainty. The others are oil and natural gas.
With the FED now possibly looking for a .25% rate rise, gold should receive an extra boost. […[ Continue reading
Mining Review Sunday Update 20th February
Gold is the story of the week, or rather the 2% week on week increase in price to around $1,900, sadly due to political tensions that look set to escalate into violence in the Ukraine.
Markets are rattled by the onset of war, and we can only hope that common sense will prevail, but it looks unlikely at this stage. […] Continue reading
Mining Review Sunday Update 13th February
The media is talking up the potential for a war in the Ukraine and an imminent Russian invasion, and that is driving gold and oil prices upwards.
Gold was up 3% week on week, and silver an impressive 5%. Naturally many gold and silver juniors had a good week as a result. […] Continue reading
Mining Review Sunday Update 6th February 2022
Gold is oscillating around the US$1,800 level, and has been for some time, and the feeling is it will continue to do so for some time yet, unless some significant news moves it strongly in one direction.
Radisson Mining, Cabral Gold, and Eloro Resources all reported good drill results, and Neometals reported their financials. Continue reading
City Investors Circle Mining Review January 2022
Has been published, including comments on copper, zinc, and tin.
The Review also features a new tier 1 watchlist of 11 stocks expected to generate positive news during the year. Continue reading
City Investors Circle Mining Review 30th Jan. 2022
Gold was rising nicely until the FOMC meeting, but then reversed and lost value as the FED’s hawkish stance reversed earlier gains.
Lithium is the clear winner amongst the risers in the metal sector, followed by coking coal and palladium. […] Continue reading
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
City Investors Circle Annual Review 2021 published
The Review covers the best performing stocks that have presented to us in London, the biggest risers from the watchlist during 2021, as well as the commodities that rose the most over the last year. […] Continue reading
City Investors Circle
Have published their Annual Mining Review featuring the best performing stocks on their mining watchlist, and also the commodities that have risen the most during 2021.
To read the Mining Review, please click […]
City Investors Circle – London
Published their Mining Review for November 2021.
Companies commented upon include Fiore Gold, Calibre Mining, Newcore Gold, Minera Alamos, and Los Cerros.
Commodities discussed include gold, silver, copper, tin, and coking coal. Continue reading
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