Mining Review 8th January 2024
We revamped our watchlists into four definable tiers, ranging from producing miners to early stage exploration companies.
We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers down to tier 2 until they start delivering on their stated objectives. Continue reading
Mining Review 17th December 2023
i-80 Gold Corp. released positive results from Granite Creek in a week with little news otherwise, as the conference season is over and focus turns to Christmas.
Confusing messages for the FED have kept down the price of gold just as it looked to be ready to take off, and some stocks have given back some of their recent gains. Continue reading
Mining Review 10th December 2023
Gold has retreated from the new all time high around $2,170, and is currently trading under $2,000 again, as rate cut anticipation wains after some stronger then expected US employment numbers.
Companies in the news this week included West Red Lake Gold Mines, and I sold Argosy Minerals and Minera Alamos from my personal portfolio. Continue reading
Mining Review Sunday 3rd December
It was a good week for junior mining stocks after the price if gold spiked as a result of the FED hinting that rate rises are done and the market expects cuts in Q2 2024 onwards.
I have noticed the share price and volume of stocks traded for Colonial Coal increasing, and with no news released, wonder if the market senses a deal is in the offing? Continue reading
Mining Review 26th November 2023
i-80 Gold announced high grade results from their Cove Gold Project in an otherwise quiet week for news from our watchlist stocks.
The recent Global Mining Finance Conference was busy as it lead into the London Mining fortnight, with other conferences to follow. Continue reading
Mining Review 12th November 2023
The discovery of the week was the American Creek JV which reported finding a new gold system at Treaty Creek, British Columbia.
Karora Resources reported strong Q3 financial results, and i-80 Gold signed a term sheet for the JV of Ruby Hill. Continue reading
Mining Review 29th October 2023
Gold is over $2,000 as the Gaza situation spirals out of control and the threat of a wider regional conflict increases.
Ascot Resources, Calidus Resources, and Marathon Gold released excellent news this week. Continue reading
Mining Review 22nd October 2023
The price of gold has reached a record high in Australian dollar terms, at A$3,091.
Orla Mining announced a production guidance increase, and Calidus Resources requested a trading halt due a potential announcement re their Pirra Lithium subsidiary. Continue reading
Mining Review 15th October 2023
Gold powered back as the risk of escalation in the Middle East increased during a politically tense week.
Karora Resources announced strong Q3 production numbers, i-80 Gold and West Red Lake Gold posted positive updates. Continue reading
Mining Review 8th October 2023
Higher US bond yields were the focus this week as they pushed gold lower, and then on Friday retreated a tad to allow gold to rise into the close.
Neometals issued an update on their Barrambie titanium and vanadium project, announcing they have failed to agree terms with Xinjiang for offtake, and have terminated discussions. Continue reading
Mining Review 10th September 2023
Auteco closed the Green Bay Mine acquisition from the former AIM listed Rambler, and immediately spelt out their different approach, with a plan to double resources before recommencing mining.
Eloro and Skeena Resources both brought out new MRE’s in an otherwise quiet week. Continue reading
Mining Review 27th August 2023
Gold bounced back strongly after falling on US interest rate rise expectations.
American Creek and Karora Resources both reported good drill results from recent exploration activity.
Mining Review 13th August 2023
Not much of a week for investors in the junior mining sector, gold and silver fell on US rate rise anticipation, and there was little news from companies on our watchlist.
Cartier Resources, Karora Resources, and Marathon Gold put out positive drilling and development news. Continue reading
Mining Review 6th August 2023
Maple Gold and Pacgold reported exploration results this week, neither causing much excitement in the market.
Gold fell nearly 1% on US rate news and sentiment, silver, nearly 3%, reversing some of the recent rise. Continue reading
Mining Review 23rd July 2023
Gold and silver trod water this week, whilst iron ore, coking coal, and thermal coal all ended strongly positive.
American Creek and Rumble Resources announced good exploration results, and Cabral Gold announced an NSR with Osisko Gold Royalties for $5m. Continue reading
Mining Review 2nd July 2023
Lithium mining in the UK is in its infancy, yet one of the two companies involved is in financial trouble, and the other has just ceded 80% to a French company, Inversys.
Calidus Resources and Cornish Lithium posted news this week, the price of gold dropped back a tad. Continue reading
Market Review June 2023
The City Investors Circle Market Review for June 2023 has been published.
The review features comments on Marathon Gold, Gold Road Resources, Minera Alamos, and a few other companies. Continue reading
Mining Review 25th June
Gold Road Resources was the main talking point this week, losing 15% after issuing reduced guidance, and as a result, inreased AISC.
Gold fell back $30 over the week, after the suprise 0.5% hike in UK base rates. Continue reading
Mining Review 18th June 2023
A typical week in the summer market doldrums, companies are drilling now so a dearth of explorations news, and we are mainly receiving corporate and financing updates.
Wesdome Gold Mines and Cartier Resources announced positive drilling news. Continue reading
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold. Continue reading
