Mining Review 6th April 2025

Mining Review 6th April 2025

It’s been a horrible week for investors in the markets as Trump’s “Liberation Day” tariffs turned the markets upside down.

The price of gold is down modestly, but some of my gold producers have fallen far more.

 

 

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Meeka Metals

Courtesy of Meeka Metals

 

 

City Investors Circle Mining Review 6th April 2025

It’s been a horrible week for investors in the markets as Trump’s “Liberation Day” tariffs turned the markets upside down.

The price of gold is down modestly, but some of my gold producers have fallen far more.

After a storming month in March it’s painful to have to give back some of the gains just as the producing gold miners had built up a head of steam and looked to be finally responding to the high gold price.

The only consolation is that the price of gold is still 8% above where it was a month ago, despite the recent drop.

Silver lost a whopping 13.21% last week!   This has taken the gold / silver ratio over 100, the first time since 2021 it’s been over 100.

It’s no great shock that the base metals went into meltdown either, copper down n enormous 14% in a week is still a shock though.

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Amongt the compnies we follow on our watchlists, there was generally good news despite it not being reflected in their share prices.

Meeka Metals announced a positve development uodate as well as somme high-grade drill results from ther Murchison property.

Cabral Gold continues to pump out some good drill intercepts, 3m at 15.9 gpt is nice in gram metre terms.

Cornish Metals acquired some land that wil be useful for their minesite support infrestructure. The company is very quiet on shaft refurbishment and dewatering news though.

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All the news from our tier 1 and 2 watchlists companies last week is below, click on the link to be taken to the full story.

 Cabral Gold Drilled 3m @ 15.9 g/t gold at Machichie

  Meeka Metals Murchison Development Update

  Cornish Metals Acquired More Land at South Crofty

  Horizon Metals First Ore Processing Update

  City Investors Circle Market Review March 2025

  Meeka Metals Announced 36m of 2.82 G/T Gold at Turnberry

  Mining Review 30th March 2025

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2366 -1.05%
Gold 3040 -1.49%
Silver 29.69 -13.21%
Palladium 925 -4.54%
Platinum 993 1.02%
Rhodium 5625 -2.60%
Copper 4.38 -14.62%
Nickel 6.67 -10.35%
Zinc 1.21 -6.92%
Tin 16.93 7.83%
Cobalt 15.38 -4.71%
Manganese 4 0.00%
Lithium 9873 -0.39%
Uranium 64.9 0.93%
Iron Ore 103 -0.29%
Coking Coal 177 1.55%
Thermal coal 102.5 2.50%
Metal ETFs Price Weekly % change
GLD 279.72 -1.53%
GDX 41.68 -8.54%
GDXJ 51.38 -9.62%
Sil 34.73 -12.05%
SILJ 10.46 -14.40%
GOEX  (PCX) 34.2 -9.81%
URA 20.82 -9.87%
COPX  32.67 -18.35%
HUI  325.8 -9.32%
Gold / Silver ratio 102.39 13.51%

 

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Click HERE for live Spot Metal Prices 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 30th March 2025

Mining Review 30th March 2025

The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.

Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.

Catalyst Metals sold a mine and announced some good drill results.

 

 

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Mining Review Conroy Gold

Drill core from Conroy Gold exhibited at the 2025 PDAC

 

 

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City Investors Circle Mining Review 30th March 2025

The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.

Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.

Catalyst Metals sold a mine and announced some good drill results.

 

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

Archives

image_pdfimage_print

  Barton Gold Reported 17,600g/t Silver Intersected at Tarcoola’s Tolmer Prospect

  Gold Road Resources Announced Gruyere Underground Drill Results

  West Red Lake Gold Mines Madsen Mill Restarted

  Catalyst Metal’s Trident Drilling Extended Mineralisation Footprint

  Gold Road Resources Rejected Gold Field’s Offer

  Catalyst Metals Suspended In Relation to “Material Assay Results”

  Catalyst Metals Sells Its Henty Gold Mine to Kaiser Reef

  Mining Review 23rd March 2025

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Other news from our watchlist companies last week are listed below, click on the link to be taken to the full story.

Pacgold released a podcast update for their Alice River Gold exploration project

Gold Road explained their rejection of Gold Fields’ bid

 

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 2391 1.92%
Gold 3086 2.05%
Silver 34.21 3.35%
Palladium 969 2.27%
Platinum 983 0.72%
Rhodium 5775 0.43%
Copper 5.13 0.98%
Nickel 7.44 10.55%
Zinc 1.3 -2.26%
Tin 15.7 -1.69%
Cobalt 16.14 -0.62%
Manganese 4 0.00%
Lithium 9912 0.50%
Uranium 64.3 -1.53%
Iron Ore 103.3 3.30%
Coking Coal 174.3 0.17%
Thermal coal 100 0.00%
Metal ETFs Price  Weekly % change
GLD 284.06 2.00%
GDX 45.57 2.40%
GDXJ 56.85 2.38%
Sil 39.49 -0.05%
SILJ 12.22 -1.37%
GOEX  (PCX) 37.92 3.13%
URA 23.1 -7.60%
COPX  40.01 -4.14%
HUI  359.27 2.74%
Gold / Silver ratio 90.21 0.65%

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Click HERE for live Spot Metal Prices 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 23rd March 2025

Mining Review 23rd March 2025

The high price of gold  came through in some glittering results from Galiano Gold and Wesdome last week. This augurs well for the current quarter as the gold price is significantly higher now.

Gold Road Resources once again reported mechanical problems at Gruyere, which is becoming an annual event, and lowered guidance.

 

 

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Gold Road

Gold Road Resources Gilmour Mine in WA

 

Archives

City Investors Circle Mining Review 23rd March 2025

image_pdfimage_print
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The high price of gold  came through in some glittering results from Galiano Gold and Wesdome last week. This augurs well for the current quarter as the gold price is significantly higher now.

Gold Road Resources once again reported mechanical problems at Gruyere, which is becoming an annual event, and lowered guidance.

Wesdome Gold Reported Record Production in FY 2024

Capricorn Buys Out Its Hedge Book

 Calibre Mining’s  Buyout by Equinox Gold is Opposed by Van Eck

  Galiano Gold Reported Q4 And FY 2024 Results

  Awalé Resources Hit 2.0 g/t Gold Eq. over 52 metres at BBM

  Gold Road Reduced Guidance for the March Quarter

  Catalyst Metals Announced the  First Stoping Ore From Plutonic East

  Mining Review 16th March 2025

 

Other news from our watchlist companies last week are listed below, click on the link to be taken to the full story.

Cartier Resources announced a flow through and hard dollar financing.

Heliostar Metals Announced a C$17 million bought Deal financing.

Barton Gold presentation to the SMI Conference

Caprice Resources 1 minute video update

 

 

 

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Market Data

Weekly Price Changes

(US$ unless stated)

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Metal Prices Price Weekly % change
Gold price in UK £ £2,346 1.25%
Gold $3024 1.20%
Silver 33.1 -2.16%
Palladium 947.5 -1.10%
Platinum 976 -3.37%
Rhodium 5750 9.52%
Copper 5.08 8.09%
Nickel 6.73 -10.15%
Zinc 1.33 -1.48%
Tin 15.97 -0.19%
Cobalt 16.24 34.21%
Manganese 4 0.00%
Lithium 9863 -1.46%
Uranium 65.3 3.16%
Iron Ore 100 -2.15%
Coking Coal 174 -1.69%
Thermal coal 100 -6.45%
Metal ETFs Price Weekly % change
GLD 278.49 1.18%
GDX 44.5 1.97%
GDXJ 55.53 0.98%
Sil 39.51 -0.28%
SILJ 12.39 0.90%
GOEX  (PCX) 36.77 1.41%
URA 25 4.60%
COPX  41.74 1.02%
HUI  352.14 2.74%

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Click HERE for live Spot Metal Prices 

 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 16th March 2025

Mining Review 16th March 2025

A busy week with Awale Resources, Cabral Gold, Meeka Metals and Ora Banda Mining all releasing positive drill results.

Gold briefly touched $3,000 before retracing slightly, as the US continues to suck in gold from around the world.

 

 

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Orla Mining

Orla Mining – Musselwhite Gold Mine

 

 

 

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City Investors Circle Mining Review 16th March 2025

 

Gold briefly touched $3,000 before retracing slightly, as the US continues to suck in gold from around the world. One theory is this is because US banks have to comply with Basel 3 by mid-year, and are importing gold to cover bullion they leased out years ago.

Most precious and base metals ended the week higher after yet another positive stimulus message from the Chinese governement.

 

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Mining Review

 

A busy week with Awale Resources, Cabral Gold, Meeka Metals and Ora Banda Mining all releasing positive drill results.

Awale have recorded some of the highest grades in Africa in the last year and high-grade discoveries continue to be made on very prospective land in the Ivory Coast.

Cabral have been quiet for a while but have now announced some new gold discoveries that boosted the share price. CEO Alan Carter has a large personal investment here bought in the market.

Meeka Metals, on the cusp of initial production in Western Australia announced a new gold discovery.

Ora Banda Mining, also in Western Australia, announced an “outstanding” discovery as they expand production and exploration at their Daveyhurst project.

 

All of this week’s stories can be read in full by clicking the links below.

 Cabral Gold Trenched 20m @ 3.6 g/t Gold at Machichie

  Awalé Resources Updates on Drilling at High-Grade Gold Target

  Ora Banda Mining’s New Outstanding Gold Discovery

  G Mining Ventures CEO Named Producer of the Year

  G Mining Ventures Commences Construction at Oko West

  Capricorn Delivered Strong Half Year Results

  Orla Mining Completes the Musselwhite Acquisition

  Meeka Metals Discovers a New High-Grade Gold Zone

 

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PDAC 2025 reviews can be read below

  PDAC 2025 Day 4

  PDAC 2025 Day 3

 PDAC 2025 Day 2

  PDAC 2025 Day 1

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price $ Weekly % change
Gold price in UK £ 2317 2.57%
Gold 2988 6.22%
Silver 33.83 3.84%
Palladium 958 1.70%
Platinum 1010 4.55%
Rhodium 5250 -0.94%
Copper 4.7 0.43%
Nickel 7.49 0.67%
Zinc 1.35 3.05%
Tin 16 8.25%
Cobalt 12.1 5.77%
Manganese 4 0.00%
Lithium 10009 -0.11%
Uranium 63.3 -1.25%
Iron Ore 102.2 -4.40%
Coking Coal 177 -4.17%
Thermal coal 106.9 0.38%
Metal ETFs Price Weekly % change
GLD 275.24 2.55%
GDX 43.64 4.80%
GDXJ 54.99 5.89%
Sil 39.62 8.82%
SILJ 12.28 8.48%
GOEX  (PCX) 36.26 4.32%
URA 23.9 -0.17%
COPX  41.32 3.43%
HUI  342.75 4.89%
Gold / Silver ratio 88.32 0.65%

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Click HERE for live Spot Metal Prices 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 2nd March 2025

Mining Review 2nd March 2025

A mixed week for our stocks as profit taking saw falls in producing mining stocks.

Peace hopes for the Ukraine war took a knock after the Trump – Zalinski public spat at the White House, which may drive gold higher next week.

 

 

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Meeka Metals

 

 

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City Investors Circle Mining Review 2nd March 2025

A mixed week for our stocks as profit taking saw falls in producing mining stocks.

Peace hopes for the Ukraine war took a knock after the Trump – Zalinski public spat at the White House, which may drive gold higher next week.

 

I am currently in Toronto for the PDAC 2025, so I am just adding the statistics this week for completeness.

I will be reporting on the PDAC throughout the next few days.

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2282 1.53%
Gold 2858 1.87%
Silver 31.24 1.15%
Palladium 891 0.91%
Platinum 946 -1.80%
Rhodium 4700 2.75%
Copper 4.27 -5.02%
Nickel 7 2.48%
Zinc 1.26 4.72%
Tin 14.85 4.88%
Cobalt 9.77 -2.30%
Manganese 4.2 0.00%
Lithium 9888 -11.62%
Uranium 65 -6.64%
Iron Ore 106.9 0.65%
Coking Coal 187.5 -1.32%
Thermal coal 100.3 -3.18%
Metal ETFs Price Weekly % change
GLD 263.27 1.67%
GDX 39.72 -0.68%
GDXJ 48.66 -0.61%
Sil 34.73 -2.31%
SILJ 10.69 -3.33%
GOEX  (PCX) 32.48 -0.68%
URA 24.8 -7.03%
COPX  38.22 -5.76%
HUI  312.57 -1.63%

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Click HERE for live Spot Metal Prices 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE

 




Mining Review 23rd February 2025

Mining Review 23rd February 2025

Calibre Mining announced record gold production and looked forward to commencing production at their Valentine mine this year.

Westgold issued a drilling update for the Beta Hunt mine in Western Australia.

 

 

.

Mining Review Calibre Mining

Calibre Mining  –  The Valentine Mine in Newfoundland nears completion.

 

 

 

 

City Investors Circle Mining Review 23rd February 2025

 

Archives

A positive week for most stocks on our tier 1 watchlist of producers, as the price of gold ended up nearly 2%. Surprisingly, the gold ETFs all fell in a strong week for the gold price.

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Calibre Mining was the subject of some positive mining analyst upgrades after announcing record gold production numbers. The company are about to start mining at their new Valentine mine in Newfoundland, a game changer in terms of production and revenue which will elevate Calibre to mid-tier producer status.
The bad news this week came from American Creek Resources, and it was very predictable. It announced the termination of the agreement by Cunningham Mining of their acquisition funded by a gold “token” arrangement.
I seriously doubted this would ever work, I was told in Zurich last November that it was not going well, with little investor interest or backing, and so it has finally come to pass.
This was an attempt to mix shares and crypto, effectively doing a placing with tokens or coins instead of shares.
At the end of the day it’s was still a financing, and I doubt many traditional mining investors understood it sufficiently to want to participate, preferring the easier to understand route of buying shares and holding in their brokerage accounts.
The reason Cunningham gave was very lame in my opinion, that AMK had not informed them of the application by Seabridge to run a tunnel through the middle of the Treaty Creek deposit. Well I met Tudor Gold at the end of last year, and they told me about it then, so it’s hardly a new story, so quite how Cunningham can state they weren’t informed is beyond me. It looks like an excuse.

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

Calibre Mining Announced Record Gold Production

Gold Road Resources – 2024 Full Years Results

American Creek Resources Received a Termination Notice

Westgold Issues Beta Hunt Drilling Update

West Red Lake Gold Mines Madsen Mine Update

Capricorn Metals Published a New Corporate presentation

Mining Review 16th February 2025

 

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Click here for all company news archives

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price US$ Weekly % change
Gold price in UK £ £2327 1.53%
Gold 2937 1.87%
Silver 32.54 1.15%
Palladium 993 0.91%
Platinum 984 -1.80%
Rhodium 4675 2.75%
Copper 4.54 -5.02%
Nickel 7.02 2.48%
Zinc 1.33 4.72%
Tin 14.83 4.88%
Cobalt 9.77 -2.30%
Manganese 2.9 0.00%
Lithium 8886 -11.62%
Uranium 65.4 -6.64%
Iron Ore 107.7 0.65%
Coking Coal 187.5 -1.32%
Thermal coal 106.5 -3.18%
 
 
Metal ETFs Price US$ Weekly % change
GLD 270.74 1.67%
GDX 40.8 -0.68%
GDXJ 50.37 -0.61%
Sil 35.48 -2.31%
SILJ 11.03 -3.33%
GOEX  (PCX) 33.61 -0.68%
URA 26.06 -7.03%
COPX  39.27 -5.76%
HUI  320.59 -1.63%
Gold / Silver ratio 90.26 0.65%

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Click HERE for live Spot Metal Prices 

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE

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Other news releases from companies on our watchlists were

Westgold responded to press speculation

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Mining Review 16th February 2025

Mining Review 16th February 2025

Horizon Metals announced the processing of the first ore from the Phillips Find gold mine. Ora Banda Mining announced good drill results from their Riverina gold project.

The price of gold jumped but with Donald Trump and Vladimir Putin talking about peace, what will happen if the Ukraine war finishes?

 

image_printimage_pdf

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CAlibre Mining

Calibre Mining – El Limon Mine, Nicaragua

 

 

 

City Investors Circle Mining Review 16th February 2025

 

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The price of gold jumped again, but with Donald Trump and Vladimir Putin talking about peace, what will happen if the Ukraine war finishes?

I fear any sign of a peace settlement will drive the price of gold downwards fairly quickly, and that would remove some of the gains made recently in the producing gold miners. 

I am an investor rather than a trader, but if such a move happens I may be tempted to reduce some of my holdings in my ISA (As there’s no CGT issue), and look to re-invest at a lower level in the same companies.

It’s going to be tough call, and valuations may fall faster than we would like if such a scenario arises, but it’s one I’m looking at.

 

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Horizon Metals announced the processing of the first ore from the Phillips Find gold mine. They are one of three companies moving into production that I have recently invested in due to their policy of early stage mining to self fund ongoing exploration, thus avoiding dilution.

Ora Banda Mining announced good drill results from their Riverina gold project. The share price has just reached A$1, four times my original purchase price less than a year ago. How I wish I could repeat that sort of decision more often!

 

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

  Ora Banda Announced Successful Drilling at Riverina

  Horizon Minerals Processes First Ore at Phillips Find

  Lefroy Exploration executed Agreement to mine the Lucky Strike gold deposit

  Capricorn Metals Acquired Mummaloo to Expand Mt Gibson Tenure

  Calibre Mining Expanded Mineralization to Surface at Frank

  Horizon Minerals Poseidon Takeover Gets The Green Light

  Mining Review 9th February 2025

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Click here for all company news archives

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Market Data

Weekly Price Changes

(US$ unless stated)

 

 

Metal Prices Price Weekly % change
Gold price in UK £ £2292 1.72%
Gold 2883 1.96%
Silver 32.17 2.29%
Palladium 984 -5.56%
Platinum 1002 -4.58%
Rhodium 4550 -1.64%
Copper 4.78 2.20%
Nickel 6.85 1.60%
Zinc 1.27 2.42%
Tin 14.14 2.49%
Cobalt 10 -8.95%
Manganese 2.9 0.00%
Lithium 10054 -0.05%
Uranium 70.05 -0.78%
Iron Ore 107 -1.60%
Coking Coal 190 0.53%
Thermal coal 110 -0.86%
 
 
Metal ETFs Price Weekly % change
GLD 266.29 2.10%
GDX 41.08 5.34%
GDXJ 50.68 5.71%
Sil 36.32 4.54%
SILJ 11.41 5.81%
GOEX  (PCX) 33.84 5.30%
URA 28.03 2.44%
COPX  41.67 7.70%
HUI  325.89 5.16%
Gold / Silver ratio 89.62 0.65%

 

.

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 9th February 2025

Mining Review 9th February 2025

Calibre Mining added 30% gold at the Leprechaun pit at Valentine.

Westgold shares hammered after lower guidance revision.

 

 

.

Cornish Metals

Cornish Metals South Crofty Mine, Pool, Cornwall. UK

 

 

It’s been another good week for investors in the mining space, with producing miners rising as the gold price reaches new (nominal) highs, rising 1.9% to $2,855.

 

I have been reviewing my personal portfolio for non performing copanies and have made a couple of sales. The principal sales were American Creek Resources, and Sierra Metals (not a watchlist company).

 

American Creek keeps delaying the gold crypto token backed takeover by Cunningham Mining, and I have a feeling this is not going to conclude, it’s taken a long time now, and the delays are encouraging.

 

I also sold Sierra Metals, as they are subject to a really poor bid by a Peruvian company.

 

With the funds I added to my holdings of Lefroy Exploration, lowering my average to close to the current share price.  I also added to Meeka Metals, and made an initial investment in Horizon Minerals. All three are ASX listed.

 

The common demoninator of all is they are junior explorers all going into early production to fund ongoing exploration.

——-

 

 

City Investors Circle Mining Review 9th February 2025

 

 

   Barton Gold Drilling Complete at Tolmer Au-Ag Discovery

  Calibre Mining Added 30% Gold at Leprechuan

  Ascot Resources Delays Mining Resumption Due To Capital Shortfall

  Capricorn Metals Expanded Mt Gibson Project Tenure

  American Creek Further Extends the Plan of Arrangement

  Westgold Share Price Hammered as Guidance Cut

  Mining Review 2nd February 2025

  Mining Review for January 2025 Published

Read more: http://www.city-investors-circle.com/archives/#ixzz8zbNBtNHo

.

——-

..

Click here for all company news archives

.

.

——-

 

 

Metal Prices 09225 Weekly % change
Gold price in UK £ 2307 1.72%
Gold 2855 1.96%
Silver 32.19 2.29%
Palladium 985 -5.56%
Platinum 1022 -4.58%
Rhodium 4500 -1.64%
Copper 4.18 2.20%
Nickel 7 1.60%
Zinc 1.27 2.42%
Tin 13.97 2.49%
Cobalt 9.77 -8.95%
Manganese 2.9 0.00%
Lithium 10140 -0.05%
Uranium 70.35 -0.78%
Iron Ore 104.8 -1.60%
Coking Coal 188 0.53%
Thermal coal 115 -0.86%
Metal ETFs Price Weekly % change
GLD 263.98 2.10%
GDX 41.04 5.34%
GDXJ 51.13 5.71%
Sil 36.16 4.54%
SILJ 11.48 5.81%
GOEX  (PCX) 34.6 5.30%
URA 29 2.44%
COPX 41.12 7.70%
HUI 328.84 5.16%
Gold / Silver ratio 88.97 0.65%
10 yr Tbond (TNX) 4.497 -1.82%
2 yr T bond US2Y 4.28 1.78%
US  index (DXY) 108.14 -0.32%
SPJXGD 65.01 4.12%

 

#

.

.=======

.

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.

.

.DDeclaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

.

.

,




Mining Review 2nd February 2025

Mining Review 2nd February 2025

Calibre Mining celebrated its one millionth ounce of gold produced in Nicaragua.

Gold Road Resources, G Mining Ventures, and Ora Banda Mining all gave a positve outlook and guidance for 2025. Gold hit $2,800 late Friday.

 

 

.

Catalyst Metals

 

 

.

City Investors Circle Mining Review 2nd February 2025

 

This was an exciting week to be an investor in gold and precious metals, and companies in production as the gold price hit $2,800 in late trading on Friday in London.

There is a lot of discussion about gold being transferred in huge quantities from the vaults in London to the COMEX in New York, and the reasons for that.

China is known to have resumed buying, and the short term outlook looks to be positive for both gold and silver.

——-

I opened new small positions in Meeka Metals (ASX: MEK) and Horizon Minerals (ASX: HRZ), and added to Lefroy (ASX: LEX) as my buy in price was way higher, in order to lower my average price.

Meeka is looking to commence mining gold in March 2025 with first gold around mid-2025, at Andy Well, which will average 65,000 Oz gold PA for the first 7 years.

Horizon is due to commence gold production from the Paddington Mill this month, on a toll milling basis, and will generate A$30 million of cashflow at A$3600 gold price. (The current gold price in Australia is A$4,500)

Lefroy is negotiating with BLM to contract mine their first pit to generate early cashflow rather than equity dilution. I await the conformation of the deal and commencement of mining.

——-

Calibre Mining celebrated its one millionth ounce of gold produced in Nicaragua. This was achieved in 5 years. The company also declared a maiden Mineral Resource Estimate for the Talvera deposit of 630,000 ounces of gold.

Gold Road Resources, G Mining Ventures, and Ora Banda Mining all gave a positve outlook and guidance for 2025. Gold hit $2,800 late Friday.

 

——-

.

News from our watchlist companies this week is below, plase click the links to read the full story.

   Mining Review for January 2025 Published

  Awalé its 2.5 g/t Gold Eq. over 34m at the BBM Zone

  Calibre Pours its One-Millionth Ounce of Gold in Nicaragua

  West Red Lake Gold Mines Has New Targets from Surface Sampling

  Gold Road Announces Strong Outlook and Guidance for Gruyere in 2025

  G Mining Ventures Outlines Outlook for 2025

  Ora Banda Mining December Activities Report

  Mining Review 26th January 2025

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..

.

.

——-

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2268 2.02%
Gold 2800 1.01%
Silver 31.47 2.47%
Palladium 1043 7.75%
Platinum 1071 10.30%
Rhodium 4575 -2.14%
Copper 4.09 -1.45%
Nickel 6.89 -1.71%
Zinc 1.24 -2.36%
Tin 13.63 0.74%
Cobalt 10.73 0.00%
Manganese 2.9 0.00%
Lithium 10145 -0.03%
Uranium 70.9 -3.14%
Iron Ore 106.5 1.53%
Coking Coal 187 -2.09%
Thermal coal 116 -0.85%
 
 
Metal ETFs Price Weekly % change
GLD 258.56 1.14%
GDX 38.96 2.66%
GDXJ 48.37 1.55%
Sil 34.59 2.37%
SILJ 10.85 1.02%
GOEX  (PCX) 32.86 1.11%
URA 28.31 -7.27%
COPX  38.18 -4.41%
HUI  312.7 2.24%
Gold / Silver ratio 88.97 -4.31%

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE

 




Mining Review for January 2025 Published

Mining Review January 2025

City Investors Circle Mining Review for January 2025 has been published.

The highlighted company is Catalyst Metals.

Companies reporting good news included Calibre Mining, Orla Mining, Gold Road Resources and Ora Banda mIning.

 

 

.

Meeka Metals

 

 

City Investors Circle Mining Review January 2025

 

 

 

City Investors Circle Mining Review for January 2025 has been published.

 

/

The highlighted company is Catalyst Metals.

Companies reporting good news included Calibre Mining, Orla Mining, Gold Road Resources and Ora Banda mIning.

The review also lists the most significant news from our watchlist companies during January.

——-

 

To read the January 2025 Mining Review, please click HERE

 

——-

 

The review highlights the increasing price of Antimony due to Chinese and Russian domination of the market.

——-

Links to all our news reports from January 2025 are below, click the link to be taken to the full story.

  Awalé Hits 2.5 g/t Gold Eq. over 34m at the BBM Zone

  Calibre Pours its One-Millionth Ounce of Gold in Nicaragua

  West Red Lake Gold Has New Targets from Surface Sampling

  Gold Road Announces Strong Outlook and Guidance for Gruyere in 2025

  G Mining Ventures Outlines Outlook for 2025

  Ora Banda Mining December Activities Report

  Mining Review 26th January 2025

  Wesdome Gold Provides Eagle River Exploration Update

  Capricorn Announce the Acquisition of Deadman Flat Project

  Westgold Production lifts again in Q2, FY25

  Calidus Resources Delisted From the ASX

  West Red Lake Gold Intersects 45.70 g/t Au over 3.85m

  Lefroy and BML Ventures to Advance the Lucky Strike Gold Deposit

  Gold Road Announce Positive Gilmour PFS

  Mining Review 19th January 2025

  American Creek’s JV Partner Tudor Gold Intensifies Exploration Efforts

  Orla Mining Achieves Record Annual Gold Production

  Meeka Metals Announce High-Grade Gold at Turnberry

  Meeka Metals – Initiating Coverage

  Orla’s Proxy Advises Shareholders to Vote for the Musselwhite Acquisition

   Westgold Group Production Lifts in Q2 FY25

  Mining Review 12th January 2025

  Calibre Delivers Record Q4 Gold Production of 76,269 Ounces

  Faraday Copper Intersects 40.06 m at 0.78% Copper

  West Red Lake Gold Announces Positive Pre-Feasibility Study for Madsen

  G Mining Ventures Receives Vital Permit for Oko West

  G2 Goldfields Announces Filing of Reports for Proposed Spin-Out

  Gold Road Announces Record Production in December

  Mining Review 5th January 2025

  Perpetua Receives the Final Permit for Stribnite

  American Creek Resources Announces Amendment to Plan of Arrangement

  Market Review for December 2024 published

 

Live metal prices 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.

.

.

To read our full terms and conditions, please click HERE




Mining Review 26th January 2025

Mining Review 26th January 2025

Westgold increased production in Q2 2025.  

Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements

 

Catalyst Metals

Catalyst Metals

 

 

.

City Investors Circle Mining Review 26th January 2025

 

.

Westgold increased production in Q2 2025, but the AISC of A$2,725 look very high to me. Luckily the current gold price in Australian dollar is A$4,390, so still a healthy margin, but the market has taken note of the high AISC.

Capricorn Metals acquired the Deadman Flat gold project that adjoins their Karlawinda gold project, consolidating the area, which clearly makes sense. Better to acquire early rather than have to pay more later, and perhaps have competition. I expect the same to happen to BPM Minerals if they succeed at Mt. Gibson, Capricorn’s other gold project.

Gold Road Resources, West Red Lake Gold Mines, and Wesdome made positive news announcements.

 

——-

rchives

image_pdfimage_print
News releases from our tier 1 and 2 watchlist companies last week  are listed below, click the link to be taken to the full story.

Wesdome Gold Provided an Eagle River Exploration Update

Capricorn Announced the Acquisition of Deadman Flat Project

Westgold Production lifted again in Q2, FY25

Calidus Resources Delisted From the ASX

West Red Lake Gold Intersected 45.70 g/t Au over 3.85m

Lefroy and BML Ventures to Advance the Lucky Strike Gold Deposit

Gold Road Announced a Positive Gilmour PFS

Mining Review 19th January 2025

 

——-

 

Other news releases from companies on our watchlists were

Ora Banda Mining sees a major shareholder lower their stake

Zacks select Orla Mining for outstanding growth in 2025

RBC Capital maintains its buy rating for Orla Mining

G Mining interview with VP IR at Metals Investor Forum

G Mining Ventures price target raised at CIBC

.

——-

..

.

.

——-

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2223 -0.31%
Gold 2772 2.51%
Silver 30.71 0.72%
Palladium 968 1.79%
Platinum 971 2.86%
Rhodium 4675 2.19%
Copper 4.15 0.24%
Nickel 7.01 -1.27%
Zinc 1.27 -0.78%
Tin 13.53 1.05%
Cobalt 10.73 0.00%
Manganese 2.9 0.00%
Lithium 10148 1.19%
Uranium 73.2 -0.95%
Iron Ore 104.9 1.06%
Coking Coal 191 -2.30%
Thermal coal 117 1.47%
 
 
Metal ETFs Price Weekly % change
GLD 255.65 2.56%
GDX 37.95 3.27%
GDXJ 47.63 3.50%
Sil 33.79 2.36%
SILJ 10.74 1.61%
GOEX  (PCX) 32.5 3.37%
URA 30.53 8.92%
COPX  39.94 0.28%
HUI  305.86 3.10%
Gold / Silver ratio 90.26 -4.31%

,

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.

.

.DDeclaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE

 

 




Mining Review 19th January 2025

Mining Review 19th January 2025

Orla Mining announced results that beat the improved guidance for the year by 19%.

Westgold is set to increase production in Q1. Meeka Metals announced a high-grade gold dicovery at Turnberry, Murchison.

 

 

Meeka Metals

Archives

image_pdfimage_print
.
City Investors Circle Mining Review 19th January 2025
.
.
.
Gold continues to march forward despite being in a market where increasing yields and interest rates would normally knock it back. Silver was up a whopping 6% in a week, and the PGM metals were also all positive.
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The falling value of the British pound is an added bonus to bullion holders in the UK. 
.
UK investors that hold Australian, Canadian, and US stocks are also benefitting due to the the weakness of the pound.
,
,
——-
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.
Industrial metals were mostly positive, although lithium and uranium both fell.
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.
——-
.
.

Orla Mining announced results that beat the recently improved guidance for the year by 19%.

Westgold is set to increase production in Q1. Meeka Minerals announced a high-grade gold discovery at Turnberry, Murchison.

.

——-

All the significant news from our watchlist companies can be accessed by clicking the links below to be taken to the full story.

American Creek’s JV Partner Tudor Gold Intensifies Exploration Efforts

Orla Mining Achieved a Record Annual Gold Production

Meeka Metals Announce High-Grade Gold at Turnberry

Meeka Metals – Initiating Coverage

Orla Mining’s Proxy Advised Shareholders to Vote for the Musselwhite Acquisition

 Westgold Group Production Lifted in Q2 FY25

Mining Review 12th January 2025

.

——-

..

——-

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2230 3.90%
Gold US$ 2704 1.82%
Silver 30.49 6.40%
Palladium 951 4.82%
Platinum 944 4.61%
Rhodium 4575 5.59%
Copper 4.14 3.05%
Nickel 7.1 1.17%
Zinc 1.28 -3.76%
Tin 13.39 6.09%
Cobalt 10.73 0.00%
Manganese 2.9 0.00%
Lithium 10029 -0.22%
Uranium 73.9 -2.02%
Iron Ore 103.8 -5.31%
Coking Coal 195.5 -4.41%
Thermal coal 115.3 -7.51%
 
 
Metal ETFs Price Weekly % change
GLD 249.27 1.80%
GDX 36.75 2.68%
GDXJ 46.02 2.33%
Sil 33.01 0.18%
SILJ 10.57 1.26%
GOEX  (PCX) 31.44 1.87%
URA 28.03 -4.60%
COPX  39.83 0.59%
HUI  296.67 3.05%
Gold / Silver ratio 88.68 -4.31%

,

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.

.

.DDeclaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 12th January 2025

Mining Review 12th January 2025

Calibre Mining and Gold Road Resources both declared record gold production in December 2024, after slightly missing guidance earlier in the year.

The price of gold is climbing despite the US dollar and US Treasury rates climbing, a sign of political and economic uncertainty?

image_pdfimage_print
.

Faraday Copper

Faraday Copper Property – Arizona

 

 

City Investors Circle Mining Review 12th January 2025

,

Archives

Calibre Mining and Gold Road Resources both declared record gold production in December 2024, after slightly missing guidance earlier in the year.

——-

The price of gold is climbing despite the US dollar and US Treasury rates climbing, a sign of politican and economic uncertainty?

It of course is absolutely the reason the precious metal is climbing when it should be falling. china has been buying again and despite the high US job numbers signalling a stop to imminent US rate cuts, the precious metals all rose in value, when in a normal market they would have fallen.

For UK investors invested in physical gold, and / or Australian, American, and Canadian stocks, the lower value of the pound increases the value of those investments, so it’s a useful hedge against the UK Labour party train wrecking the economy, which they seem determined to do in short order.

——-

After last week’s falls, industrial and base metals were positive this week. It just seems to flip flop from week to week at the moment depending upon analysts’ view of the Chinese economy and economic stimulus.

——-

Turning to company news from stocks on our watchlist, the week was positive, with Calibre Mining and Gold Road Resources both declared record gold production in December 2024, after slightly missing guidance earlier in the year.

G2 Goldfields was the star of the week, rising 10% as it prepares to spin out non core projects into G3.

West Red Lake Gold Mines posted some decent Pre-feasabilty numbers ahead of the resumption of mining in early 2025.

Early stage explorer Faraday Copper released some positive drill intersections including 30m at 0.78% copper.

——-

All the significant news from our watchlist companies can be accessed by clicking the links below to be taken to the full story.

Calibre Mining Deliversed a Record Q4 Gold Production of 76,269 Ounces

Faraday Copper Intersected 40.06 m at 0.78% Copper

West Red Lake Gold Mines Announced a Positive Pre-Feasibility Study for Madsen

G Mining Ventures Received a Vital Permit for Oko West

G2 Goldfields Announced Filing of Reports for Proposed Spin-Out

Gold Road Announced  Record Production in December

Mining Review 5th January 2025

.

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ £2211 3.90%
Gold 2690 1.82%
Silver 30.43 6.40%
Palladium 968 4.82%
Platinum 992 4.61%
Rhodium 4725 5.59%
Copper 4.06 3.05%
Nickel 6.89 1.17%
Zinc 1.28 -3.76%
Tin 13.58 6.09%
Cobalt 10.91 0.00%
Manganese 2.9 0.00%
Lithium 9820 -0.22%
Uranium 72.9 -2.02%
Iron Ore 98.1 -5.31%
Coking Coal 195 -4.41%
Thermal coal 117 -7.51%
 
 
Metal ETFs Price Weekly % change
GLD 248.21 1.80%
GDX 35.97 2.68%
GDXJ 45.32 2.33%
Sil 32.81 0.18%
SILJ 10.46 1.26%
GOEX  (PCX) 31.02 1.87%
URA 27.17 -4.60%
COPX  39.17 0.59%
HUI  293.55 3.05%
Gold / Silver ratio 88.40 -4.31%
10 yr Tbond (TNX) 4.77 3.92%
2 yr T bond US2Y 4.38 3.06%
US  index (DXY) 109.64 0.59%
SPJXGD 59.69 2.70%

,

Click HERE for live Spot Metal Prices 

#

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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

.

=======

,

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.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 5th January 2025

Mining Review 5th January 2025

Perpetua Resources received the final permit required for their Stribnite gold and antimony mine in the USA.

American Creek announced an amendment to the Plan of Arrangement for the acquisition of the company.

 

 

.

Happy New Year

 

 

.

City Investors Circle Mining Review 5th January 2025

A week bereft of meaningful news, as it usual in between Xmas and New Year.

Perpetua Resources received the final permit required for their Stribnite gold and antimony mine in the USA.

American Creek announced an amendment to the Plan of Arrangement for the acquisition of the company.

I always doubted whether the plan to acquire the company via the issue of a crypto token would work, and perhaps this is the first sign it hasn’t?

Interestingly the announcement includes dropping the penalty for competing bids, a further suggestion that either someone else is interested or the token issue is not going too well I wonder?

Sprott is backing the crypto token so it may happen, but I have serious doubts. It almost looks to me as if they are hoping a competing bid will come in to save face all around.

I am considering selling my holding now.


 

Watchlist news snippets from last week are below, click on the link to be taken to the full story.

  Perpetua Resources Received the Final Permit for Stribnite

  American Creek Resources Announced Amendment to Plan of Arrangement

  Market Review for December 2024 published

  Happy New Year

  Capricorn Metals Announced CEO Retirement and Succession

  Gold Road Enters a Farm-in Deal With Iceni Gold

  Mining Review 29th December 2024

.

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2128 -0.71%
Gold 2642 -0.94%
Silver 28.6 -3.37%
Palladium 23.5 -4.48%
Platinum 948.3 0.56%
Rhodium 4475 0.00%
Copper 3.94 -2.68%
Nickel 6.81 -6.34%
Zinc 1.33 -3.60%
Tin 12.8 -4.48%
Cobalt 10.91 0.00%
Manganese 3 0.00%
Lithium 9842 -1.16%
Uranium 74.4 -3.66%
Iron Ore 103.6 -1.05%
Coking Coal 204 -0.24%
Thermal coal 126.5 -3.90%
 
 
Metal ETFs Price Weekly % change
GLD 243.83 -0.90%
GDX 35.03 -5.24%
GDXJ 44.29 -5.62%
Sil 32.75 -8.24%
SILJ 10.33 -6.92%
GOEX  (PCX) 30.45 -5.75%
URA 28.48 -4.83%
COPX  38.94 -4.96%
HUI  284.87 -5.97%
Gold / Silver ratio 92.38 -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 29th December 2024

Mining Review 29th December 2024

We list our watchlist additions for the New Year, G2 Goldfields, Astral Resources, Awale Resources, Exploits Discovery, and First Atlantic Nickel.

 

 

.

Orla Mining

The sun sets on 2024 at Orla Mining’s Camino Rojo mine in Mexico

 

 

City Investors Circle Mining Review 29th December 2024

 

Neometals made the news this week decalring their intention to delist from the London AIM Market, basically due to the lack of liquidity in the stock in London and difficulty in finding financing partners.

THis move makes sense in my opinion, there’s no point in paying the expensive AIM listing fees if you’re unable to raise capital nor generate investor interest in your company.

 

——-

 

All the news from our companies is listed below, please click on the link to be taken to the full story.

  Neometals to Delist from the London AIM Market

  G2 Goldfields – Initiating Coverage

  City Investors Circle Watchlist additions

  Merry Christmas from City Investors Circle

  City Investors Circle Watchlist Deletions

  Ora Banda Mining Wins The Mining.com.au Masters of Mining Emerging Explorer Award.

  Mining Review 22nd December 2024

 

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Gold in UK£ 2092
Gold 2623
Silver 29.41
Platinum 922
Palladium 913
Copper 4.01
Nickel 6.92
Zinc 1.37
Tin 12.97
Cobalt 11.32
Lithium carbonate                                9933 
Iron Ore 101
Coking Coal 203
Thermal coal 127
Tungsten 338
Ferro vanadium 26.3
Rhodium 4575
graphite flake 435
Spodumene 790
Oil WTI 70.6
Oil Brent 74.17

#

.

.=======

.

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 22nd December 2024

Mining Review 22nd December 2024

A busy week for news as the festive season approaches.

Westgold Announced an increase to production at Meekathara, and Ora banda Mining interescted first gold at Sand King.

 

 

.

Ora Banda Mining

Ora Banda Mining Riverina portal

 

 

City Investors Circle Mining Review 22nd December 2024

.

.

A busy week for news as the festive season approaches.

Westgold Announced an increase to production at Meekathara, and Ora banda Mining intersected first gold at Sand King.

All the news from our watchlist companies in the last week is below, click the lonks to be taken to the full story.

   Perpetua Resources Announced Continued Cooperation with U.S. Antimony

  Ora Banda Mining Intersected First Ore at Sand King

  Galiano Gold Announced a Buyout Of Offtake Agreement

  Westgold Announced Crown Prince Ore to Increase Production at Meekatharra

  PacGold Finds An extensive Geochemical Anomaly at Alice River

  Capricorn Metals Reserves Grow to 4 Million Ounces of Gold

  West Red Lake Gold Envisions a High-Grade Underground Satellite at the Fork Deposit

  Mining Review 15th December 2024

 

.

——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2090 -0.71%
Gold 2624 -0.94%
Silver 29.55 -3.37%
Palladium 917 -4.48%
Platinum 930.2 0.56%
Rhodium 4575 0.00%
Copper 3.99 -2.68%
Nickel 6.79 -6.34%
Zinc 1.34 -3.60%
Tin 12.79 -4.48%
Cobalt 10.91 0.00%
Manganese 2.9 0.00%
Lithium 9933 -1.16%
Uranium 73.8 -3.66%
Iron Ore 103.9 -1.05%
Coking Coal 204 -0.24%
Thermal coal 128.3 -3.90%

.

#

.

.=======

.

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 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

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..

.

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

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——-

..

.

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