Mining Review 15th December 2024

Mining Review 15th December 2024

The big news this week was that one of our companies, O3 Mining, has been acquired by Agnico Eagle in a friendly takeover.

Capricorn Metals, Orla Mining, and pacgold all released good exploration results.

 

 

.

Orla Mining

 

City Investors Circle Mining Review 15th December 2024

Gold had a positive week, due to the US dollar falling slightly. Most industrial metals fell due to Chinese economic concerns.


.

The big news this week was that one of our companies, O3 Mining, has been acquired by Agnico Eagle in a friendly takeover.

This was hardly a surprise due to the proximity of O3’s Marben project to the giant Canadian Malartic mine owned by Agnico Eagle.

Capricorn Metals, Orla Mining, and Pacgold all released good exploration results.

 

/

All the news from our watchlist companies can be found below, click the link to read the full story.

  Orla Mining Expanded High-Grade Mineralization 800 Metres

  O3 Mining is to be Acquired By Agnico Eagle in Friendly Transaction

  Capricorn Metals Significantly Expanded the Karlawinda Project Tenure

  Pacgold Reported Positive Progress at Alice River

  Perpetua Resources and Sunshine Silver Announced an Agreement

  UEC Acquired Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets

  Mining Review 8th December 2024

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2105 1.74%
Gold 2649 0.61%
Silver 30.58 -1.35%
Palladium 960 -0.58%
Platinum 925 -0.94%
Rhodium 4575 0.00%
Copper 4.1 0.74%
Nickel 7.25 1.40%
Zinc 1.39 -1.42%
Tin 13.39 2.29%
Cobalt 10.91 0.00%
Manganese 2.9 0.00%
Lithium 10050 -0.73%
Uranium 76.6 -0.78%
Iron Ore 105 0.38%
Coking Coal 204.5 -0.24%
Thermal coal 133.5 8.10%
 
 
Metal ETFs Price Weekly % change
GLD 244.29 0.55%
GDX 36.65 -0.46%
GDXJ 47.01 -0.63%
Sil 36.29 -5.47%
SILJ 11.7 -0.76%
GOEX  (PCX) 32.35 -1.61%
URA 29.39 -7.58%
COPX  40.94 -2.48%
HUI  297.79 4.02%
Gold / Silver ratio 86.63 -1.93%

#

.

.=======

.

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

.

=======

,

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.

.

.D

To read our full terms and conditions, please click HERE

 




Mining Review 8th December 2024

Mining Review 8th December 2024

Mines and Money London was a fairly lively conference, but with few companies that excited me.

Westgold announced an increased resource, and Calibre Mining denied an announcement by Condor Gold.

 

 

.

Mines and Money

Mines and Money London- The magnificent Business Design Centre, at Islington.

 

 

Mining Review 8th December 2024

Mines and Money London was a fairly lively conference, but with few companies that excited me.

I guess I’ve attended too many conferences and become too aware of the slim chances of companies starting exploration in moose pasture in the back of beyond in the Yukon or Alaska becoming mines in the future.

Those type of companies dominate most mining events these days, with producers and late stage development companies funded through to production being in the minority.

I did like Exploits Discovery as a nearology play to New Found Gold in Newfoundland. I also liked Awale Resources, and Scottie Resources, and I am going to research further before making any invesment decisions.

Borealis Mining enters the Hall of Shame for their non show for an arranged meeting with no apology. Apalling behaviour and a total lack of professionalism.

——-

Canadian tax loss selling is occuring so there should be at least another week of opportunity before prices might start to rise again, if not longer.

——-

In this week’s news Westgold announced an increased resource, and Calibre Mining denied an announcement by Condor Gold regarding bidding for their asset in Nicaragua.

——-
All this week’s news from our watchlist companies can be viewed by clicking the links below

Archives

West Red Lake Gold Mines Madsen Mine Update

  Mines and Money Day 2 Review

  Westgold Doubles Bluebird South Junction Ore Reserve 107%

  Mines and Money Day 1 Review

  London Mines and Money Conference Starts Today

  Calibre Mining Responds to Condor Gold Announcement

  Gold Road to Benefit from Northern Star Acquisition of De Grey Mining

  Mining Review 1st December 2024

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 2069 -0.67%
Gold 2633 -0.34%
Silver 31 2.28%
Palladium 965.6 -1.51%
Platinum 933.8 -0.32%
Rhodium 4575 -3.17%
Copper 4.07 0.74%
Nickel 7.15 0.56%
Zinc 1.41 0.00%
Tin 13.09 2.83%
Cobalt 10.91 -6.59%
Manganese 2.9 0.00%
Lithium 10124 -2.34%
Uranium 77.2 0.13%
Iron Ore 104.6 0.00%
Coking Coal 205 0.49%
Thermal coal 123.5 -10.51%
 
 
Metal ETFs Price Weekly % change
GLD 242.95 -1.07%
GDX 36.82 -2.23%
GDXJ 47.31 -0.78%
Sil 38.39 5.67%
SILJ 11.79 -0.59%
GOEX  (PCX) 32.88 1.61%
URA 31.8 -1.70%
COPX  41.98 -1.52%
HUI  286.28 -4.92%
Gold / Silver ratio 84.94 -1.93%
10 yr Tbond (TNX) 4.15 -0.72%
2 yr T bond US2Y 4.11 -1.20%
US  index (DXY) 105.97 0.18%
SPJXGD 56.53 -0.07%

.

#

.

.=======

.

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

.

=======

,

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.

.

.D

To read our full terms and conditions, please click HERE




Mining Review 1st December 2024

Mining Review 1st December 2024

We initiated coverage of G2 Goldfields.

Calibre Mining and Impact Minerals announced good drill results.

 

 

G2 Goldfields

rchives

image_pdfimage_print

  

Mining Review 1st December 2024

We initiated coverage of G2 Goldfields.

Calibre Mining and Impact Minerals announced good drill results.

 

The November Market Review has just been published, which contains all the month’s news, and can be accesed here

 

——-
All this week’s news from our watchlist companies can be viewed by clicking the links below

Market Review 30th November Published

  G2 Goldfields Announced G3 Spinout Details

  Barton Gold New Corporate Presentation

  G2 Goldfields – Initiating coverage

  Calibre Mining Discovered Significant Gold Mineralization at Valentine

  Impact Minerals Announced a Maiden Resource for the Lake Hope HPA Project

  Mining Review 24th November 2024

.

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

..

Metal Prices Price Weekly % change
Gold price in UK £ 2083 -4.05%
Gold 2642 -2.72%
Silver 30.31 -3.35%
Palladium 980.38 0.55%
Platinum 936.79 -8.07%
Rhodium 4725 2.72%
Copper 4.04 -0.49%
Nickel 7.11 -0.14%
Zinc 1.41 4.44%
Tin 12.73 -2.53%
Cobalt 11.68 7.06%
Manganese 2.9 -1.02%
Lithium 10367 -1.81%
Uranium 77.1 -1.91%
Iron Ore 104.6 3.77%
Coking Coal 204 -0.24%
Thermal coal 138 -4.17%
 
 
Metal ETFs Price Weekly % change
GLD 245.59 -1.70%
GDX 37.66 -1.62%
GDXJ 47.68 -1.37%
Sil 36.33 0.78%
SILJ 11.86 -1.74%
GOEX  (PCX) 32.36 -1.34%
URA 32.35 -2.32%
COPX  42.63 0.09%
HUI  301.1 -2.34%

#

.

.=======

.

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

.

=======

,

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.

.

.D

To read our full terms and conditions, please click HERE




Mining Review 17th November 2024

Mining Review 17th November 2024

Cabral Gold and Thesis Gold announced good drill results, and Westgold increased their Starlight gold mineral resource by 91%.

Gold was truly thumped down as US rate cuts look increasingly unlikely as inflation looks to be returning.

 

.

121 Mining Conference London

The 121 Mining Conference booth layout.

 

 

.

City Investors Circle Mining Review 17th September 2024

 

It was a week to forget for gold and investors in the gold mining sector as the shiny metal retreated 4.5% on news that further US rate cuts are unlikely in the near term.

All the precious metals were thumped, as were the industrial metals in what turned out to be the worst week for quite a while, erasing a lot of the gains made in the last few weeks.

Trump’s election victory has benefited Bitcoin and Tesla shares, at the expense of mining and commodities.


 

A mixed week of announcements, and the start of the London Mining Season commmenced as the 121 Mining Conference took place in Hounsditch.The good news came from Cabral Gold and Thesis Gold, both declaring excellent drill results at their respctive projects.

Westgoldalso had some good news, announcing their Starlight mineral resource grew 91%.

The first of the London mining conferences for the 2024 autumn season, 121, seemed quiet, which was surprising given the recent surge in gold and silver stocks.

A list of news from our watchlist companies is below, please click the link to be take to the full story.

Archives

  Cabral Gold Identified a Gold-in-Oxide Blanket, Trenches 18M @ 1.9 g/t

  London 121 Mining Conference Seemed Quiet

  Westgold – Starlight Mineral Resource Grows by 91%

  Thesis Gold Announced a New Discovery at the Ring Zone

  Ora Banda Mining New Presentation

  Barton Gold Commenced a AC drilling at Tarcoola

  Mining Review 10th November 2024

 

——-

..

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

 

 

Metal Prices Price Weekly % change
Gold price in UK £ £2034 -2.12%
Gold 2564 -4.51%
Silver 30.27 -3.38%
Palladium 953 -3.93%
Platinum 949.33 -3.33%
Rhodium 4725 0%
Copper 4.02 -5.63%
Nickel 6.95 -5.70%
Zinc 1.32 -4.35%
Tin 13.15 -8.23%
Cobalt 10.9 0.00%
Manganese 2.93 0.00%
Lithium 10381 1.87%
Uranium 77.7 1.44%
Iron Ore 100.1 -2.25%
Coking Coal 205.3 -1.06%
Thermal coal 144 1.27%
 
 
Metal ETFs Price Weekly % change
GLD 236.59 -4.59%
GDX 35.51 -9.00%
GDXJ 45.11 -8.91%
Sil 35.13 -6.62%
SILJ 11.73 -10.93%
GOEX  (PCX) 30.32 -8.20%
URA 30.3 -2.26%
COPX  41.1 -6.84%
HUI  285.1 -8.62%

#

.

.=======

.

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

.

=======

,

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.

.

.D

To read our full terms and conditions, please click HERE

 

 




Mining Review 10th November 2024

Mining Review 10th November 2024

Westgold had a high-grade gold hit during drilling at Bluebird South. West Red Lake gave a positive mine restart update.

Gold and the precious metals slipped back slightly after the US election result which was seen as positive for the US dollar.

 

Gold Road

Gold Road Gruyere JV gold mine

 

City Investors Circle Mining Review 10th November 2024

 

The week was dominated by the US election, and the election of Donald Trump was seen as positive for the dollar, and the precious metals sold off a little in reponse. A strong dollar reduces the price of imported goods, and thus lowers inflation.

Gold and the precious metals slipped back slightly after the US election result which was seen as positive for the US dollar.

By the end of the week gold had moved back again showing how resilient it’s becoming to news that would normally sink the price. Central bank buying may be the reson for that of course.

——-

 

Last week was a quiet week newswise for our watchlist companies, yet there were some positive releases.

Westgold had a high-grade gold hit during drilling at Bluebird South.

West Red Lake Gold Mines gave a positive mine restart update for their Madsen gold mine in Ontario. This is the former Pure Gold (AIM and TSX) property that was bought out of administration for a song by WRLG after a poor mine startup left the former owners out of funds despite a decent gold price at the time.

WRLG are looking to commence production next year, and claim to have identified a better plan to make it work this time.

Colonial Coal were picked as a stock to follow by Simply Wall St. research house.

All the news from the last week is listed below, click on the lonk to be taken to the full story.

Archives

  West Red Lake Gold Provided an Update on Madsen Mine Restart

  G Mining Ventures Proposed Exercise of Warrants by Franco-Nevada

  Colonial Coal potential Highlighted by Simply Wall St.

  Cabral Gold Positive Prefeasibility Study at Cuiú Cuiú

  Capricorn raised $200 million to Underpin Growth

  Westgold Hits a High-Grade Gold Intercept at Bluebird South

  Mining Review 3rd November 2024

.
.

——-

.

.

.

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 2078 -0.19%
Gold 2685 -0.47%
Silver 31.33 -3.68%
Palladium 992 -7.10%
Platinum 982 -3.29%
Rhodium 4675 -1.58%
Copper 4.26 0.23%
Nickel 7.37 -3.16%
Zinc 1.38 -4.08%
Tin 14.33 -0.14%
Cobalt 10.9 0.09%
Manganese 3 -0.34%
Lithium 10190 1.45%
Uranium 76.6 -2.69%
Iron Ore 102.4 0.39%
Coking Coal 207.5 2.25%
Thermal coal 142.2 0.00%
 
 
Metal ETFs Price Weekly % change
GLD 247.96 -0.34%
GDX 39.02 -4.11%
GDXJ 49.52 -3.84%
Sil 37.62 -5.71%
SILJ 13.17 -5.92%
GOEX  (PCX) 33.03 -4.01%
URA 31 -3.17%
COPX  44.12 -1.71%
HUI  311.99 -4.37%
Gold / Silver ratio 85.70 -3.20%

.

.

#

.

.=======

.

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

.

=======

,

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.

.

.D

To read our full terms and conditions, please click HERE




Mining Review 3rd November 2024

Mining Review 3rd November 2024

Capricorn Metals announced a $200 million financing to increase Karlawinda gold production by 2026.

Gold and silver fell slightly, industrial metals rose a little as US election fever and Chinese economic news ebb and flow.

 

 

.

Capricorn Metals Karlawinda Mine

Capricorn Metals Karlawinda Mine, Western Australia

 

 

.

City Investors Circle Mining Review 3rd November 2024

 

Gold and silver fell slightly, industrial metals rose a little as US election fever and Chinese economic news ebb and flow.

With inflation increasing again in the US gold fell back a little on interest rate cut doubts, with some forecasters predicting the next step may be a rise. This has put a damoer on the gold price rise.

Disappointment at Chinese stimulus proposals led to induatrial metals weakening, with bellwether copper treading water.

——-

 

Capricorn Metals announced a $200 million financing to increase Karlawinda gold mine production by 2026. They also announced positive FY 2025 positive production numbers a few days before the financing.

American Creek announced the mailing out of materials for the AGM and Special Meeting of shareholders to approve the acquisition by Cunningham Mining, to be held on Wednesday November 27th at 5pm UK time.

The current price of 34 cents ask is 9 cents below the offer price of 43 cents, which offers an arbitrage opportunity, IF THE DEAL GOES AHEAD.

I have increased my position to try and take advantage of this potential arbitrage opportunity. Clearly some don’t think the deal will go through, but with Sprott’s backing announced I’m hopeful it will, and have taken a larger position with a view to a quick profit.

News from our watchlist stocks last week is listed below, click the link to be taken to the full story.

 

  Capricorn Metals Karlawinda to Increase Gold Production

  American Creek Resources Announced a Mailing of Meeting Materials

  Market Review for October 2024 Published

  Gold Road Issued an Updated Corporate Presentation

  Capricorn Metals Reported a Positive Q1 Production

  G Mining Filed an Oko West 43-101 Report

  Mining Review 27th October 2024

.

——-

.

.

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Gold price in UK £ 2120 -0.19%
Gold 2737 -0.47%
Silver 32.47 -3.68%
Palladium 1113 -7.10%
Platinum 998 -3.29%
Rhodium 4675 -1.58%
Copper 4.28 0.23%
Nickel 7.04 -3.16%
Zinc 1.41 -4.08%
Tin 14.14 -0.14%
Cobalt 10.9 0.09%
Manganese 2.93 -0.34%
Lithium 9895 1.45%
Uranium 79.7 -2.69%
Iron Ore 104.1 0.39%
Coking Coal 206.55 2.25%
Thermal coal 145.5 0.00%

.

/

#

.

.=======

.

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 27th October 2024

Mining Review 27th October 2024

Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

The price of gold hit a new (nominal) all-time high. 

 

 

.

Westgold

 

 

.

City Investors Circle Mining Review 27th October 2024

The price of gold nearly hit a new (nominal) all-time high, and ended the week at $2,747.70 per ounce. Silver Came along for the ride, but fell back and ended the week at $33.67.

——-

Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

American Creek announced that Eric Sprott has backed the tokenization of their Cunningham Mining acquisition. As Sprott is a large AMK shareholder, this validates the tokenization project.

All news from last week is below, please click the link for the full report.

   Capricorn Metals Announced a Positive Exploration Update

  Pacgold drilling “Progressing Well”

  Thesis Gold Drilled 8 Metres of 11.39 GPT Gold Equivalent

  BPM Minerals Drill Results Extend the Louie Gold Discovery

  American Creek Acquirer Receives Sprott Token Investment

  Thesis Gold Files Updated PEA for Lawyers-Ranch Project

  Mining Review 20th October 2024

 

——-

.

.

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Metal Prices Price Weekly % change
Gold price in UK £ 2124 1.82%
Gold 2750 1.03%
Silver 33.71 -0.09%
Palladium 1198 10.31%
Platinum 1032 0.88%
Rhodium 4750 -0.52%
Copper 4.27 0.47%
Nickel 7.27 -3.58%
Zinc 1.47 8.09%
Tin 14.16 -0.28%
Cobalt 10.89 0.09%
Manganese 2.94 0.00%
Lithium 9754 -0.20%
Uranium 81.9 -1.68%
Iron Ore 103.7 -0.38%
Coking Coal 202 -1.46%
Thermal coal 145.5 -1.22%
 
 
Metal ETFs Price Weekly % change
GLD 253.32 0.82%
GDX 41.56 -3.68%
GDXJ 52.87 -1.86%
Sil 40.45 2.82%
SILJ 14.35 -0.97%
GOEX  (PCX) 35.44 1.06%
URA 31.56 -3.78%
COPX  45 -1.77%
HUI  331.95 -3.66%
Gold / Silver ratio 81.58 -3.20%

.

/

#

.

.=======

.

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 20th October 2024

Mining Review 20th October 2024

A week of highs and lows, with Orla Mining and Westgold announcing positive production updates, and Calibre Mining and West Red Lake Gold issuing disappointing news to dampen the mood in a week where gold reached a new all-time high price of $2,720.

 

 

.

Westgold

 

 

City Investors Circle Mining Review 20th October 2024

 

.

A week of highs and lows, with Orla Mining and Westgold announcing positive production updates, and Calibre Mining and West Red Lake Gold issuing disappointing news to dampen the mood in a week where gold reached a new all-time high price of $2,722, due to political turmoil and US rate cut expectations.

Industrial metals trended downward in a week where the precious metals rose.

The gold / silver ratio fell to 80 as silver is currently outperforming gold due to its industrial applications.


Looking at our watchlist companies, there were mixed news releases. 

Orla Mining and Westgold had three positive news releases beteen them to start the week, and then just as the higher gold price was maintaining an optimistic mood, Calibre Mining released poor production figures, and then West Red Lake Gold Mines announced another discounted fundraising, crashing the shareprice.

News from all our main watchlist companies is below, click the lin to be taken to the full story.

  West Red Lake Gold Mines Raised Further Funds

  Calibre Announces Q3 & Year to Date 2024 Gold Production

  Cartier cuts a high-grade gold system with 14.7 g/t Au over 4.3 m

  Orla Mining Repays Revolving Credit To Become Debt-Free

  Westgold Announced Record Prodution Post Merger

  Orla Mining Announced a Positive Production Update

  Mining Review 13th October 2024

.

.

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Metal Prices Price Weekly % change
Gold price in UK £ £2086 2.41%
Gold 2722 2.45%
Silver 33.74 5.83%
Palladium 1086 1.59%
Platinum 1023 2.79%
Rhodium 4775 0%
Copper 4.25 -1.39%
Nickel 7.54 -3.08%
Zinc 1.36 -0.73%
Tin 14.2 -3.79%
Cobalt 10.88 0.09%
Manganese 2.94 -1.34%
Lithium 9774 -4.03%
Uranium 83.3 -0.12%
Iron Ore 104.1 -1.61%
Coking Coal 205 -1.91%
Thermal coal 147.3 -1.34%
 
 
Metal ETFs Price Weekly % change
GLD 251.27 2.14%
GDX 43.15 7.74%
GDXJ 53.87 8.54%
Sil 39.34 8.08%
SILJ 14.49 8.87%
GOEX  (PCX) 35.07 4.59%
URA 32.8 9.33%
COPX  45.81 -2.22%
HUI  344.56 7.93%
Gold / Silver ratio 80.68 -3.20%

 

.

/

#

.

.=======

.

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 13th October 2024

Mining Review 13th October 2024

A quiet week for news of substance from our watchlist companies.

Capricorn Metals announced production was still on track for guidance after a recent weather event. Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

 

 

.

Cartier Resources

 

.

City Investors Circle Mining Review 13th October 2024

 

 

A quiet week for news of substance from our watchlist companies, as we find ourselves awaiting drill results from the summer season, as is usual at thos time of year.

With high gold prices being maintained, the market expects some sparkling numbers from the producers starting soon as the next quarter’s results are announced. With a fiar wind this should propel producers’ share prices higher, and hopefully focus investors’ eyes back on the mining sector.

——-

Capricorn Metals announced production was still on track for guidance after a recent weather event. The price has fallen back recently after the news, and despite the company confirming production will come in at the lower end of guidance.

Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

News from our watchlist companies from the last week is below, click on the link to be taken to the full story.

  Neometals Successfully Closed a A$4 Million Placement

  Impact Minerals Issued a Project Update For Lake Hope

  Capricorn Metals KGP Q1 Production On Track For Guidance

  Barton Gold High Grade Tarcoola Assays Confirm Additional Open Pit Gold

  Thesis Gold Announced Completion of 2024 Field Program

  Cartier Resources Mobilized a Drill Rig to Advance High-Grade Gold Discovery

  Mining Review 6th October

.

.

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices

Gold price in UK £ £2037 0.64%
Gold 2657 +0.11%
Silver 31.88 -1.21%
Palladium 1069 +5.63%
Platinum 995.2 -0.68%
Rhodium 4775 +1.06%
Copper 4.31 -2.93%
Nickel 7.78 -4.31%
Zinc 1.37 -3.52%
Tin 14.76 -3.72%
Cobalt 10.87 +0.09%
Manganese 2.98 -0.67%
Lithium 10184 -1.41%
Uranium 83.4 +1.21%
Iron Ore 105.8 -2.76%
Coking Coal 209 +7.18%
Thermal coal 149.3 +4.92%

 

/

#

.

.=======

.

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 6th October

Mining Review 6th October

A quiet week news wise, with the only exploration success reported by West Red Lake Gold mines.

Gold rallied back to $2650 on the back of international tension, and silver is rallying hard too on falling mine production and increased industrial demand.

 

 

/

Karora Resources underground mining at Beta Hunt

 

 

.

City Investors Circle Mining Review 6th October

 

 

.

Mining Review 6th October

A quiet week news wise, with the only exploration success reported by West Red Lake Gold Mines.

Lefroy Exploration, an early stage Australian company reported an incresed resource at their project in Western Australia.

——-

 

Gold rallied back to $2665 on the back of international tension, and silver is rallying hard too on falling production and increased industrial demand.

 

——-

 

News from our watchlist companies is listed below, please click on the lin to be taken to the full story.

Archives

  Lefroy Announced High Grade Shallow Resource at Burns Central

  American Creek Received the Signing fee From Cunningham Mining

  West Red Lake Gold Intercepted 44.17 g/t Au over 1.3m

  Calibre Mining Strengthened Their Management Team

  Market Review September 2024 Published

  Mining Review 29th September 2024

.

.
.

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ £2024 1.76%
Gold $2654 -0.23%
Silver 32.27 1.99%
Palladium 1012 -0.30%
Platinum 1002 -0.50%
Rhodium 4725 -0.53%
Copper 4.44 -0.45%
Nickel 8.13 8.26%
Zinc 1.42 2.90%
Tin 15.33 4.36%
Cobalt 10.86 0.18%
Manganese 3 0.00%
Lithium 10330 -0.07%
Uranium 82.4 0.86%
Iron Ore 108.8 7.09%
Coking Coal 195 -2.50%
Thermal coal 142.3 -1.18%
 
 
Metal ETFs Price Weekly % change
GLD 245 0.00%
GDX 39.55 -2.01%
GDXJ 48.64 -1.98%
Sil 35.77 -0.89%
SILJ 13.04 -1.73%
GOEX  (PCX) 32.74 -2.79%
URA 30.32 4.19%
COPX  47.76 -0.62%
HUI  316.24 -3.12%

.

#

.

.=======

.

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

.

=======

,

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.

.

.




Mining Review 29th September 2024

Mining Review 29th September 2024

West Red Lake Gold Mines announced a high-grade gold discovery, and a Town Hall Meeting to meet local citizens to highlight the opportunities at the intended mine  reopening in 2025.

BPM Minerals completed drilling at their exciting Louie Project area.

 

 

.

BPM MInerals

BPM Minerals’ area map showing the proximity to Capricorn Metal’s Mount Gibson Project.

 

 

.

City Investors Circle Mining Review 29th September 2024

 

.

The week started quietly and then the Chinese government announced a huge economic stimulus package, and precious, base, and industrial metals all moved up in anticipation of greater demand.

Gold and silver remain strong, with the latter now starting to outpace the former, with the gold silver ratio dropping to around 82.

Copper jumped on the Chinese stimulus news just as it looked in danger of falling below $4 lb, and iron ore leapt back over $100 after looking in danger of falling below $90.

——-

 

West Red Lake Gold Mines announced a high-grade gold discovery, and a Town Hall Meeting to meet local citizens to highlight the opportunities at the intended mine  reopening in 2025.

Interestingly the share  price is dropping back a little since that good news, which may present an opportunity if it drifts any further.

BPM Minerals completed drilling at their exciting Louie Project area, very close to Capricon Metal’s Mt. Gibson gold project. This is a stock to keep an eye on as if they produce good drill results they must surely be a target for the larger neighbour just over the fence?

 

News from our watchlist companies is below, kist click on the link to read the  full story. 

Archives

  West Red Lake Gold Mines To Host a Red Lake Town Hall Meeting

  Uranium Energy Corp Expands U.S. Production Capacity

  BPM Minerals completes drilling at Louie

  Calidus Resources David Reeves No longer an Employee

  West Red Lake Gold Mines Intersected 49.39 g/t Au over 4.48m

  Aris Mining Published a New Corporate Presentation

  Mining Review 22nd September 2024

.
.

Click here for all company news archives

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

#

.

.=======

.

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 22nd September 2024

Mining Review 22nd September 2024

Gold reached a new (nominal) all-time high during the week as the US rate cut lowered the value of the US dollar.

BPM Minerals announced good drill results just south of Capricorn Metals’ Mount Gibson property in Western Australia.

 

 

.

BPM MInerals

 

 

.

City Investors Circle Mining Review 22nd September 2024

 

.

Gold reached a new (nominal) all-time high during the week, ending at $2,625 an ounce,  as the US rate cut lowered the value of the US dollar.

Industrial metals improved as anticipation of a Chinese government stimulus package to promote growth grows. Bellwether copper rose 3.39%.

——-

BPM Minerals announced good drill results just south of Capricorn Metals‘ Mount Gibson property in Western Australia. The stock rose sharply briefy to 14c, then fell back to close at 8 cents.

 

News from companies in our watchlists in listed below, click on the link to be taken to the full story.

  American Creek Aquisition to be Financed by Gold Tokens

  Westgold Published an Updated Corporate Update

  BPM Minerals High-Grade Gold Discovery at the Claw Gold Project

  Pacgold to Commence Aircore and RC Drilling at Alice River

  Capricorn Metals Updated Corporate Presentation

  Mining Review 15th September 2024

.

Click here for all company news archives

 

.

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly
Gold price in UK £ £1970 0.20%
Gold 2623 1.71%
Silver 31.21 1.23%
Palladium 1065 -0.75%
Platinum 980 -2.78%
Rhodium 4750 -1.04%
Copper 4.27 3.39%
Nickel 7.31 1.53%
Zinc 1.31 3.15%
Tin 14.47 1.62%
Cobalt 10.82 0.19%
Manganese 2.99 -1.64%
Lithium 9998 0.73%
Uranium 79.3 -0.88%
Iron Ore 91.8 -0.97%
Coking Coal 173 10.19%
Thermal coal 136.8 2.09%
 
 
Metal ETFs Price Weekly % change
GLD 242.21 1.48%
GDX 40.51 1.05%
GDXJ 49.71 1.49%
Sil 35.53 0.94%
SILJ 12.9 0.78%
GOEX  (PCX) 33.63 0.72%
URA 27.18 6.88%
COPX  43.4 4.96%
HUI  328.75 0.03%
ASX:XGD 23.78 0.25%
Gold / Silver ratio 84.04 0.47%

.

#

.

.=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 15th September 2024

Mining Review 15th September 2024

Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over.

American Creek was acquired by Cunningham Mining, as the takeover season hots up, with Centamin Egypt also being bought out, and Newmont sold out their interest in Haveiron to Greatland Gold.

 

 

.

Westgold

 

 

.

City Investors Circle Mining Review 15th September 2024

 

 

.

Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over, and heightened political tensions over the west arming Ukraine with long range weapons to strike deep inside Russia.

Silver also responded and other industrial metals turned positive after Russia threatened to cease the export of certain strategic metals to “unfriendly countries”.

——-

American Creek was acquired by Cunningham Mining, as the takeover season hots up. This is a strange transaction as Cunningham is funding the takeover with a token issue, as opposed to raising capital via a share issue or simply paying cash.

The takeover price is 43 cents, considerably higher than the share price on the day of the offer, over 100% in fact. The current share price of 27 cents is puzzling, and suggests that the market doubts that Cunningham can pull off the deal in my opinion.

I wonder if there’s an opportunity here?

——-

Centamin Egypt , listed in London, is also being bought out, by Anglogold Ashanti, and Newmont sold out their interest in Haveiron to Greatland Gold

——-

Looking at the news from other companies on our watchlists, G Mining Ventures and Calibre Mining continue to churn out good news with regularity. Westgold also reported further good news during the week.

To read the news in full for last week, please click on the links below to be taken to the full story.ive

  Calibre Mining Made a New Gold Discovery at Limon

  Westgold Reported Bonanza Gold Zone At Western Flanks

  G Mining Ventures Delivered PEA for Oko West Gold Project

  G Mining Ventures to Acquire the CentroGold Project from BHP

  American Creek Acquired by Cunningham Mining

  MIning Review 8th September 2024

.

Click here for all company news archives

,

Market Data

Weekly % Price Changes

(US$| unless stated)




Mining Review 1st September 2024

Mining Review 1st September 2024

Calibre Mining and Cornish Metals published drill results.

G Mining Ventures received the Operating licence for TZ.

 

 

.

Impact Minerals

 

 

.

City Investors Circle Mining Review 1st September 2024

Calibre Mining and Cornish Metals published drill results.

G Mining Ventures received the Operating licence for TZ.

 

Our Monthly Market Review can be read here

 

A list of this week’s news is below, click on the link to be taken to the full story.

   Market Review August 2024 published

  Impact Minerals Lodged a Mining Lease for the Lake Hope HPA Project, WA.

  G Mining Ventures Receives Operating Licenses for Tocantinzinho

  Calibre Mining Discoversed Above Reserve Grade Gold at The Pan Mine

  Gold Road Results Effected by Rain and Flooding

  Cornish Metals Reported Final Drill Reports

  Mining Review 25th August 2024

 

Click here for all company news archives

 

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 10924 Weekly % change
Gold price in UK £ 1918 0.84%
Gold 2526 0.52%
Silver 29.37 -1.58%
Palladium 988 4.00%
Platinum 940 -3.35%
Rhodium 4750 0.00%
Copper 4.17 0.72%
Nickel 7.5 -0.66%
Zinc 1.28 0.79%
Tin 14.72 -0.20%
Cobalt 11 -0.18%
Manganese 3.04 0.33%
Lithium 9987 1.10%
Uranium 79.2 -0.88%
Iron Ore 101 4.12%
Coking Coal 195 9.55%
Thermal coal 144 -1.37%
 
 
Metal ETFs Price Weekly % change
GLD 232.95 0.40%
GDX 38.88 -1.17%
GDXJ 46.4 -2.79%
Sil 32.9 -2.69%
SILJ 12.04 -3.37%
GOEX  (PCX) 31.64 -2.04%
URA 25.64 -4.36%
COPX  42.77 -2.73%
HUI  315.35 -1.27%
ASX:XGD 23.1 0.09%

 

.

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE

.




Market Review August 2024 published

Market Review August 2024

The highlighted company is Faraday Copper.

The review focuses on producing goldminers looking to scale up their operations from cashflow, Calibre Mining, Capricorn Metals, G Mining Ventures, and Ora Banda Mining.

 

 

.

Calibre Mining

 

 

.

City Investors Circle Market Review August 2024

.

The highlighted company this month is Faraday Copper, exploring for copper in Nevada.

.

The review focuses on producing goldminers looking to scale up their operations from cashflow, Calibre Mining, Capricorn Metals, G Mining Ventures, and Ora Banda Mining.

.

The Review also concloudes the Victoria Gold heap leach disaaster story,a nd it’s bad news for investors in that company sady.

.

We review the news from our watchlist companies over the month of August, and update our commodity price data showing the risers and fallers.

 

To receive our Monthly Review, and invitations to our free to attend events, please email andrew@city-investors-circle.com

 

To view the August 2024 Market Review, please click HERE

.

The live Spot gold price can be found HERE

.

=======

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

.

=======

,

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.

.

Disclosure

At the time of writing the author shares in some of the companies mentioned.

.

To read our full terms and conditions, please click HERE

 

 

 




Mining Review 25th August 2024

Mining Review 25th August 2024

Gold hit another new (nominal) all-time high during the week.

Aris Mining, Calibre Mining, and Westgold announced positive drill results.

 

 

.

Aris Mining

 

 

,

City Investors Circle Mining Review 25th August 2024

Gold hit another new (nominal) all-time high during the week, and ended above the critical $2500 level after Jay Powell suggested strongly that US rate cuts are imminent, sending bullion and stocks upwards in anticipation.

 


 

Aris Mining, Calibre Mining, and Westgold announced positive drill results in a week devoid of any real exciting news. This is the drilling season of course so we expect more excitement in the autumn as summer drill results are released.

Westgold, which aquired Karora Resources a few weeks ago, announced their first set of drill results from Beta Hunt as a combined company, and they didn’t disappoint.

American Creek, itself the subject of an acquisition, also announced drill results announced by JV partner Tudor Gold, at the Treaty Creek project in the Golden Triangle of British Columbia.

All the week’s news stories are listed below, please click the link to read the full story.

  Neometals Announced a Strategic Review

  Westgold Announced Fletcher Zone Drill Results At Beta Hunt

  West Red Lake Gold Mines Initiated a  Surface Drill Program

  Calibre Mining Intercepted High-Grade Gold At Eastern Borosi

  Aris Mining Announced High Grade Drill Results from Segovia Exploration

  American Creek’s JV Partner Drills 13.89 G/T Gold Eq

  Mining Review 18th August 2024

 

.

Click here for all company news archives

Market Data

Weekly % Price Changes

(US$| unless stated)

 

.

Metal Prices Price Weekly % change
Gold price in UK £ 1902 -1.96%
Gold 2513 0.16%
Silver 29.84 2.79%
Palladium 950 0.85%
Platinum 972.55 1.10%
Rhodium 4750 0.15%
Copper 4.14 1.22%
Nickel 7.55 2.86%
Zinc 1.27 8.55%
Tin 14.75 2.43%
Cobalt 11.02 -6.05%
Manganese 3.03 -10.36%
Lithium 9878 1.96%
Uranium 79.9 -1.72%
Iron Ore 97 3.08%
Coking Coal 178 -4.81%
Thermal coal 146 -3.95%
 
 
Metal ETFs Price Weekly % change
GLD 232.02 0.01%
GDX 39.34 2.21%
GDXJ 47.73 2.53%
Sil 33.81 2.86%
SILJ 12.46 3.15%
GOEX  (PCX) 32.3 2.96%
URA 26.81 5.88%
COPX  43.97 3.95%
HUI  319.42 2.35%
ASX:XGD 23.08 0.87%
Gold / Silver ratio 84.22 -2.56%

.

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE

.




Mining Review 18th August 2024

Mining Review 18th August 2024

Gold hit a new nominal all-time high this week, breaching $2,500.

Calibre Mining and Orla Mining published good results, and Victoria Gold, as predicted here, went into receivership and the stock will be delisted. 

 

 

Orla Mine Pony Creek

 

 

,

City Investors Circle Mining Review 18th August 2024

Gold hit a new nominal all-time high this week, breaching $2,500.

Calibre Mining and Orla Mining published good results,.

Victoria Gold, as predicted here, went into receivership and the stock will be delisted. The company has gone from one disaster to another, and now a shareholder is suing the company and some directors, which looks as though it will get messy.

Management are now blaming their lawyers for instructing them to keep quiet and not issue news releases. Well they employ the lawyers so they should have overridden that advice and informed the Yukon authorities what steps they were taking, and shareholders as well, of course.

——-

 

News from our watchlist companies last week is listed below, please click on the links to read the full story.

 Archives

  Orla Mining Reported Q2 2024 Financial Results

  Westgold Declared Maiden South Junction Ore Reserve

  Victoria Gold Placed Into Receivership

  Calibre Mining Reported Q2 and YTD Financial Results

  West Red Lake Gold Mines Intersect 1ed07.61 g/t Au

  Gold Road Resources New Presentation

  Mining Review 11th August 2024

 

Click here for all company news archives

 

Market Data

Weekly % Price Changes

(US$| unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 1940 1.73%
Gold 2509 3.17%
Silver 29.03 5.64%
Palladium 942 5.13%
Platinum 962 3.55%
Rhodium 4725 2.16%
Copper 4.09 4.34%
Nickel 7.34 1.10%
Zinc 1.17 0.00%
Tin 14.4 5.49%
Cobalt 11.73 0.09%
Manganese 3.38 -2.87%
Lithium 9688 -4.14%
Uranium 81.3 -0.25%
Iron Ore 94.1 -5.14%
Coking Coal 187 -4.10%
Thermal coal 152 2.01%
 
 
Metal ETFs Price Weekly % change
GLD 231.99 3.31%
GDX 38.49 7.39%
GDXJ 46.55 9.30%
Sil 32.87 8.48%
SILJ 12.08 10.32%
GOEX  (PCX) 31.37 10.93%
URA 25.32 2.43%
COPX  42.3 5.64%
HUI  312.09 8.67%
ASX:XGD 22.88 7.22%
Gold / Silver ratio 86.43 -2.34%
10 yr Tbond (TNX) 3.89 -1.27%
2 yr T bond US2Y 4.06 0.00%
US  index (DXY) 102.4 -0.73%
SPJXGD 57.64 9.87%

 

.

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE

.




Mining Review 11th August 2024

Mining Review 11th August 2024

A quiet week on the news front, with Calibre Mining announcing first gold ore from their new Volcan pit in Nicaragua.

The price of gold continues to oscilate, whilst most industrial metals continue to fall in price due to economic concerns.

 

 

.

G Mining Ventiures

Vincent-Luc Authier, Construction Manager at TZ with the First Gold Bar Poured at the Mine (CNW Group/G Mining Ventures Corp)

 

 

.

City Investors Circle Mining review 11th August 2024

 

 

.

A quiet week on the news front, with Calibre Mining announcing first gold ore from their new Volcan pit in Nicaragua. They also recieved approval for the Berry pit at Valentine in Newfoundland.

Victoria Gold have come out fighting, insisting the company will not close and will continue as a mining company, a statement I personally view as very optimistic given their current troubles, and debt position.

The price of gold continues to oscilate.

Some commodity prices have fallen quote sharply in the last month, with silver and copper both falling 10%, as have electronic metals zinc and tin.

——-

To read the most significant news from our watchlist companies this week, please click on the links below;

  Calibre Mining Delivered First Ore from Volcan

  Thesis Gold Received Amended 5-Year Exploration Permit

  Colonial Coal Featured in new Streetwise Report

  Calibre Mining Announced Approval For The Berry Pit at Valentine

  Cornish Metals Received Funds from Asset Sale

  Mining Review 4th August 2024

 

Click here for all company news archives

,

Market Data

Weekly price changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 1907 -0.16%
Gold 2432 -0.41%
Silver 27.48 -3.78%
Palladium 896 1.36%
Platinum 929 -3.73%
Rhodium 4625 -0.54%
Copper 3.92 -3.92%
Nickel 7.26 0.83%
Zinc 1.17 -1.68%
Tin 13.65 1.56%
Cobalt 11.72 -0.34%
Manganese 3.48 -3.87%
Lithium 10106 -3.13%
Uranium 81.5 -3.32%
Iron Ore 99.2 -3.41%
Coking Coal 195 -1.02%
Thermal coal 149 3.47%
 
 
Metal ETFs Price % change
GLD 224.56 -0.35%
GDX 35.84 -1.75%
GDXJ 42.59 -2.54%
Sil 30.3 -4.39%
SILJ 10.95 -4.45%
GOEX  (PCX) 28.28 -0.81%
URA 24.72 0.82%
COPX  40.04 -2.77%
HUI  287.18 -2.08%
ASX:XGD 21.34 -3.00%
Gold / Silver ratio 88.50 3.50%
10 yr Tbond (TNX) 3.94 3.96%
2 yr T bond US2Y 4.06 4.37%
US  index (DXY) 103.15 -0.07%

#

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE

.

 




Mining Review 4th August 2024

Mining Review 4th August 2024

Karora Resources has traded on the TSX for the last time, after the completion of its merger with Westgold.

Capricorn Metals announced their KGM with a positive upgrade.

 

 

Karora Resources

 

 

.

City Investors Circle Mining Review 4th August 2024

Karora Resources has traded on the TSX for the last time, after the completion of its merger with Westgold.

Capricorn Metals announced their KGM with a positive upgrade.

——-

Victoria Gold have finally found their voice and communicated witht he market, and are defiantly stating they will not cease trading, a statement I personally think is very optimistic.

With production stopped and the company incurring the cost of preventing pollution of the local waterways and the lenders having already declared a default on $250 million worth of loans, I cannot see how they will remain solvent in the longer term.

Whistleblowers have made accusations of lax policies on site, and the Yukon government are now participating in the pollution prevention work, and who will pay for that?

I am convinced Victoria Gold will not survive, the remediatiion work alone will have a massive cost, when it starts, and then the First Nations have to approve the resumption of mining, how long will that take?

——-

News from our watchlist companies last week is listed below, click on the link to be taken to the full story.

  Karora Resources and Westgold Complete Merger

  Capricorn Metals Expands KGP to 1.43 M Ounces of Gold

  Market Review July 2024

  Yukon Government Assisting at Victoria Gold disaster Site

  Gold Road Resources Quarterly Results Conference Call

  Mining Review 28th July 2024

 

Click here for all company news archives

,

Market Data

Weekly price changes

(US$ unless stated)

 

Metal Prices Price % Weekly change
Gold price in UK £ 1910 2.91%
Gold 2442 2.26%
Silver 28.56 2.22%
Palladium 884 -0.34%
Platinum 965 1.66%
Rhodium 4650 0.00%
Copper 4.08 0.99%
Nickel 7.2 2.56%
Zinc 1.19 0.85%
Tin 13.44 1.90%
Cobalt 11.76 0.00%
Manganese 3.62 -9.73%
Lithium 10432 -7.17%
Uranium 84.3 2.80%
Iron Ore 102.7 3.63%
Coking Coal 197 -3.90%
Thermal coal 144 4.35%
 
 
Metal ETFs Price % change
GLD 225.34 2.13%
GDX 36.48 0.00%
GDXJ 43.7 -1.64%
Sil 31.69 -4.66%
SILJ 11.46 -4.90%
GOEX  (PCX) 28.51 -2.70%
URA 24.52 -10.97%
COPX  41.18 -3.29%
HUI  293.27 0.20%

 

.

#

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE

.




Mining Review 21st July 2024

Mining Review 21st July 2024

Gold had a poor week, crashing to $2,400 when it looked on the cusp of breaching $2,500.

G Mining Ventures and Karora Resources both announced the closure of their respective business combinations, and Cabral Gold and West Red Lake Mining both announced high grade drill results.

 

 

.

Karora Resources

 

 

.

City Investors Circle Mining Review 21st July 2024

 

Gold had a poor week, crashing to $2,400 when it looked on the cusp of breaching $2,500. Silver followed and fell more in percentage terms.

Copper and nickel also fell back after being disappointed by the chinese governement’s Third Plenum announcement, which was perceived as negative for metals.

The Victoria Gold heap leach disaster in the Yukon goes from bad to worse, as now whistleblowers are announcing activities that went on at the mine that are very disturbing. (if proved true of course, and for now they’re just hearsay).

However, the future of the company looks incredibly bleak, and in my opinion it will cease to trade in short order, and disappear.

Production is halted, the company look to be unable to rectify the problems, debtors are owed $245 million, and are claiming a default on their loans, and the local First Nations are rightly outraged and look unlikely to allow the early restoration of mining, even if they company are able to do it, which they can’t.

I say this is done, Victoria will be toast soon.

G Mining Ventures and Karora Resources both announced the closure of their respective business combinations, with Reunion Gold and Westgold respectively.

On the exploration front Cabral Gold and West Red Lake Gold Mining both announced high-grade drill results.

Aris Mining confrmed 2024 production guidance and Calibre Mining comenced a huge 100,000 m drill capaign.

To read all the significant news from the companies on our watchlist from last week, please click on the links below.

Archives

  Cabral Gold Drilled 10m @ 3 g/t Gold at Machichie West
  Karora Resources and Westgold Merger Nears Completion
  Aris Mining H1 2024 Production, Reaffirms 2024 Guidance
  G Mining Ventures and Reunion Gold Completed Their Business Combination
  Calibre Mining To Commence A 100,000 M Drill Program
  West Red Lake Gold Mines Intersected 13.40 g/t Au over 10m
  Mining Review 14th July 2024

 

Click here for all company news archives

 

Market Data

Weekly price changes

(US$ unless stated)

.

Metal  Price Weekly
Gold price in UK £ 1851 -0.48%
Gold 2401 -0.46%
Silver 29.22 -5.13%
Palladium 906 -6.69%
Platinum 969 -4.44%
Rhodium 4550 -1.09%
Copper 4.24 -3.64%
Nickel 7.35 -2.52%
Zinc 1.24 -6.06%
Tin 14.37 -10.91%
Cobalt 11.76 -2.08%
Manganese 4.34 -4.82%
Lithium 11214 -6.89%
Uranium 84.7 -1.51%
Iron Ore 105 -2.60%
Coking Coal 213 -1.39%
Thermal coal 138.8 3.20%
 
 
Metal ETFs Price % change
GLD 221.73 -0.62%
GDX 37.38 -2.07%
GDXJ 45.9 -3.55%
Sil 34.31 -3.84%
SILJ 12.32 -5.16%
GOEX  (PCX) 30.22 -3.94%
URA 28.2 -9.56%
COPX  43.31 -9.71%
HUI  296.54 -1.45%

 

.

Click HERE for live Spot Metal Prices 

.

=======

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

.

=======

,

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.

.

.

To read our full terms and conditions, please click HERE