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.

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Calibre Mining plant in Nicaragua

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City Investors Circle Mining Review 8th January 2024

For 2024, we have  revamped our watchlists into four definable tiers, ranging from producing miners, ealrly stage producers / late stage developers with finance, explorers with a substantial resources,  to early stage exploration companies.

We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers, Minera Alamos and Neometals down to tier 2 until they start delivering on their stated objectives.

We have removed the exploration in risky jurisdictions watchlist and incorporated those few remaining companies into the four tiers.

The new watchlised tiers can be viewed HERE

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News from companies on our watchlists last week

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Only a few snippets of news this week, listed below, please click on the link to take you to the full story.

Archive

Market Data

Weekly price changes

(US$ unless stated)

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.

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i-80 Gold Granite Creek project

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City Investors Circle Mining Review 17th December 2023

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 as a result.

It’s almost as if the Fed chair Powell is betting on the price of gold as he releases contradictory statements in short timeframes.

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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.

I-80 Gold continue to release high grade results from their exploration projects, all in Nevada, the best jurisdiction in my opinion, yet the market pays little attention, and the share price remains in the doldrums.

Colonial Coal had a positive AGM with all resolutions passed and directors re-elected. With the recnet activity with Tech, there is a feeling that Colonial will become the focus of M and A attention with one of the biggest coking coal resources in B.C.

Calidus Resources confirmed permission for Blue Bar production, which will add ounces to the mill at Warrawoona.

Click on the links below to be taken to the full stories on the website.

  Argosy Minerals Rincon Lithium Project Update

  Colonial Coal AGM Result

  i-80 Gold Released High-Grade Results from Granite Creek

  Calidus Resources Confirmed Approval of Blue Bar Production

  Global Mining Finance Conference Dates For 2024

  Gold Road New Corporate Presentation

  Mining Review 10th December 2023

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Market Data

Weekly price changes

(US$ unless stated)

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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. 

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Cornish Metals’ South Crofty mine and new construction seen from the builder’s merchants next door.

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City Investors Circle 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.

The FED are now making more hawkish noises and rate cuts may not occur as soon as the market was anticipating. This has lead to gold and other commodities falling back as the US $ rose and Bitcoin is soaring.

Companies in the news this week included West Red Lake Gold Mines, which has just been on a promotional tour of Europe, and clearly that has generated some buying.

I sold Argosy Minerals and Minera Alamos from my personal portfolio, as both companies have disappointed me and feel I can see better opportunities elsewhere.

One stock I am intending to purchase is G Mining Ventures, due to management’s experience and past achievements, and the project itself under construction in Brazil, a tier 1 jurisdiction.

Anyone considering buying the stock should look at management’s past achievements, which have been spectacular in an industry where costs nearly always overrun, and time frames need to be flexible.

News from companies in our watchlisr are listed below, please click the link to read the whole story.

  Global Mining Finance Conference Videos Loaded

  Cornish Metals Dewatering The South Crofty Mine Ahead of Schedule

  Sold Minera Alamos

  West Red Lake Gold Mines Intersected 47.44 g/t Au over 3.2m

  Sold Argosy Resources as the Lithium Price Continues to Fall

  Mining Review Sunday 3rd December

  City Investors Circle Market Review for November 2023 Published

Market Data

Weekly Price changes

(US$ unless stated)

Metal Prices

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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?

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City Investors Circle 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 price and volume of stocks traded for Colonial Coal increasing, and with no news released wonder if the market is smelling a deal in the offing?

The rise in the price of gold to within a whisker of its all time high has been positively received by the mining sector and a source of optimism in the Zurich Mining conferecne I attended this week.

It was good to see a couple of our companies coming out with good drill intercepts this week, American Creek via JV partner Tudor Gold, and Nevada King.

The Panamanian decision to close the First Quantum mine has reverberated around a shocked market, and only the dramatic rise in the price of gold deflected intertor’s attention away from this awful story and treatment of a decent mining company.

The conference season is now over, the meetings are now over and we can sit back and relax and enjoy the festive season.

I will certainly be keeping my eye on the Colonial Coal (CAD.V) shareprice and volume of shares traded this week, looking for signs that something may be about to occur.

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

 Nevada King Intercepted 2.37 g/t AU Over 75m

  American Creek’s JV Partner Intersected 123 M of 3.51 G/T AUEQ

  City Investors Circle Market Review Published

  American Creek’s JV Partner Intersected 45.5 M Of 3.73 g/t AUEQ

  Neometals AGM Presentation and Address

  City Investors Circle Watchlist Adjustments

  Mining Review 26th November 2023

Market Data

Weekly price changes

(US$ unless stated)

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Metal Prices

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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.

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i-80 Gold Cove Portal

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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.

It’s the time of year that I find myself looking at my portfolio and the site’s watchlists, and having a clear out of stocks I no longer have the same warm feeling for that I once did, mainly because the story has changed, or delays have become interminable.

My first sale is Minera Alamos, a stock that has disappointed from production startup. The company went into production without a 43-101, but with an experienced team constructing a low cost mine on time and on budget, it augered well.

Sadly production startup has not gone well with a lack of rain being blamed for poor production figures that have resulted in poor financial performance thus far, although there are hopes that this year’s will be better.

On top of that they are waiting for the permit to construct the Cerro de Oro open pit mine, in a race against time due to the Mexican election early next year.

I look at it this way, if Minera improve things I can always buy back in the future, but for now I feel more comfortable out of the stock.

Another stock I’m looking closely at is Argosy Minerals, with a falling lithium price and little production news out of Argentina. I may well cut my losses here in the next few days.

I am now turning my attention to the watchlist, where I’m going to weed out a few non performers, with Tinka Resources on that list already.

I’m looking for new companies likely to have plenty of newsflow and well funded to replace them. G Mining Ventures  is one I am going to add.

News from our watchlist companies last week can be found by clicking the links below.

  Cabral Gold Announced Cuiu Cuiu PFS Update

  Portfolio Adjustment – Selling Minera Alamos

  Neometals Launched Placement and Entitlement Offer

  Canadian Anti Shorting Conference

  i-80 GOLD Announces Cove High Grade Results

  Global Mining Finance Conference Was Busy

  Mining Review 19th November 2023

Market Data

Weekly Price Changes

(US$ unless stated)

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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.

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American Creek Resources – Treaty Creek

City Investors Circle 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-8 Gold signed a term sheet for the JV of Ruby Hill.

  Karora Resources Reported Strong Results in Q3 2023

  West Red Lake Gold Upsized their Placement to C$13m

  Skeena Resources Eskay Creek DFS Conference Call

  i-80 Gold Signed a Non-Binding Term Sheet for the JV of Ruby Hill

  Calidus Appointed an Experienced Mining Operations Specialist as COO

  American Creeks’s JV Discovered a New Gold System

  Mining Review 5th November 2023

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Market Data

Weekly Price Changes

(US$ unless stated)

.Metal and ETF prices

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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. 

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Cornish Metals South Crofty headframe as seen from the adjoining builders merchants yard.

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City Investors Circle 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.

The week is starting with reports of rocket attacks in Iraq, Syria, and Yemen, as well as the worsening crisis in Gaza where Israeli forces are now entering the strip. With US forces now being targeted things look poised to go from bad to worse.

It’s hard to see this stopping and the news appears ready to worsen by the day unless some sensible heads prevail, and that’s looking unlikely with the US and Isreal ignoring the UN’s pleas for a ceasefire.

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Ascot Resources, Calidus Resources, and Marathon Gold released excellent news this week.

Many junior miners continue to fall despite the rising price of precious metals (but not base metals), and one wonders how much further they can fall as valuations are starting to look ridiculus compared to historical norms.

Three of our watchlist companies announced good news, yet only Calidus’ price increased, disappointing for holders in those other companies.

It’s interesting that with a record price of gold in Australian dollar terms, and Calidue now producing at quite a healthy margin, and due to fall considerably, the higher share price came as a result of the annoumcement of the SQM investment news in Pirra Lithium.

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

  Global Mining Finance Conference Update

  Gold Road September Quarter 2023 Quarterly Report

  Marathon Gold Provided a Q3 2023 Construction Update

  Ascot Intercepted More High-Grade Gold in the Prew Zone

  Calidus Announced that SQM has taken a 40% stake in Pirra Lithium

  Mining Review 22nd October 2023

Market Data

Weekly price % changes

(US$ unless stated)

Metal Prices

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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.

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Nevada King Atlanta Gold Mine – Atlanta infrastructure

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City Investors Circle Mining Review 22nd October 2023

The price of gold has reached a record high in Australian dollar terms, at A$3,091.

This resulted in a strong end of the week for ASX lsted gold miners, including our own Gold Road Resources which finiahed the week at A$1.86 per share, bringing the market cap to the A$2 billion level.

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The reason for the rise in the price of gold is, of course, the ongoing conflict in the Middle East, and the incresing liklihood of a wider conflict, possibly involving other states such as Iran, and Hezbollah from Lebanon.

It seems everyone is spoiling for a fight, and once the Israeli Gaza offensive begins, this looks very likely to spread very quickly, in my view.

I think Israel will react very badly to an attack from Iran, so quite how far the conflict spreads is difficult to determine.

One problem is a severe escalation will result in falls in the equities markets, so physical gold and holdings in gold ETFs look a safer bet for now than the miners themselves, who may well get dragged down in a falling market.

I am not selling any of my producing gold miners, but am concerned about earlier stage explorers, and may exit a couple of positions just to hold cash for now.

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News from stocks on our watchlist in the last week

Orla Mining announced a production guidance increase, and Calidus Resources requested a trading halt due a potential announcement re their Pirra Lithium subsidiary.

Following recent drill results we initiated coverage of Nevada King Gold Mines, which looks a good prospect, in a prolific gold belt, the Battle Mountian Trend, in Nevada, a world class jurisdiction.

To read all the news from watchlist companies this week, please click the links below to be taken to the full story.

  Eloro Resources Filed an Iska Iska NI 43-101 MRE

  Calidus Resources Requested a Trading Halt re Pirra Lithium

  Initiating Coverage of Nevada King Gold

  Impact Minerals’ Lake Hope HPA Project on Schedule

  Orla Mining Increased its 2023 Production Guidance

  Argosy Minerals Rincon Lithium Project Update

  Mining Review 15th October 2023

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Market Data

Week on Week Price Changes

(US$ unless stated)

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Metal prices

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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. 

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Karora Resources underground mining at Beta Hunt Gold Mine, WA.

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City Investors Circle Mining Review 15th October 2023

.Gold powered back as the risk of escalation in the Middle East increased during a tense week. The situation with Israel about to invade Gaza looks set to intensify, and if Iran is attacked all bets will be off for the gold price.

The London Global Mining Finance Conference issued it’s preliminary presentor list for their Autumn conference in the Pewterers’ Hall, Barbican, here.

Karora Resources announced strong Q3 production numbers, i-80 Gold and West Red Lake Gold posted positive updates.

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News from our watchlist companies this week is below, click the link to be taken to the story

  I-80 Gold Provides Granite Creek Update

  Karora Resources Announced Q3 Gold Production Of 39,548 Oz

  West Red Lake Gold Intersected 45.20 g/t Au over 2m

  Lithium Power Intl. Responded to Media Speculation

  Global Mining Finance Conference November 2023

  West Red Lake Gold Provided Project Update

  Mining Review 8th October 2023

Market Data

Weekly price changes

(US$ unless stated)

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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.

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Cornish Metals’ South Crofty Mine seen from the neighbouring builder’s yard.

City Investors Circle 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. some commentator think this is the peak for rates, but I’m not convinced.

Tirning to companies on our watchlist, last week was sparse on the news front,  with the major story being Neometals’ update on their Barrambie titanium and vanadium project, where they announced they have failed to agree terms with Xinjiang for offtake, and have terminated discussions.

This is clearly a major disappointment, and a bit of a surprise, as I expected an agreement as clearly the Chinese want and need the product, and NMT the offtake agreeemnt to boost the share price.

One wonders what the stumbling blocks were and how far apart on price?

Other snippets from our watchlist companies are listed below, juct click on the item to be taken to the page to read in full.

  Cornish Metals Financial Statements and MD & A

  Battery Recycling Expert to Lead Neometals Recycling

  Impact Minerals HPA – New Presentation

  Minera Alamos Announced an MRE for Santana

  Neometals Issued a Barrambie Offtake Update

  Global Mining Finance Conference Update

  Mining Review 1st October 2023

  Market Review September 2023

Market Data

Weekly price movements

(US$ unless stated)

Metal and ETF prices

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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.

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Skeena Resources – Eskay Creek drilling, Golden Triangle, B.C. Canada.

City Investors Circle Mining Update 23rd September 2023

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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 Resources and Skeena Resources both brought out new MRE’s in an otherwise quiet week.

Companies on our watchlists in the news this week

The main news this week was from Auteco, who announced the closure of their acquition of the Green Bay Mine, formerly owned by UK listed Rambler, which went into administration recently.

Auteco are taking a different approach to Rambler, and instead of restarting the mine now, which they could do, they are going to have an extensive drill campaign to expand the resource, using as thir model neighbouring mines and the similarity of the geology.

Auteco plan to create significant shareholder value by greatly increasing the resource numbers, before resuming mining in a couple of years time. To read the full news release, please click on the link below.

  Cyprium Shareholders approved the SGM motions 

  Skeena Resources Increased the Snip Gold Resource to 823,000 Oz

  Eloro Resources Reported an Inferred MRE of 1.15 Billion Oz Silver Eq

  Auteco Closed the Green Bay Mine Deal

  Marathon Gold Berry Regulatory Assessment on Track

  Westhaven Gold Filed a Technical Report For Shovelnose

  Mining Review Sunday 3rd September

A quiet week for most metals, but silver, nickel, and platinum all had hard falls on the week.

Coking coal rose strongly on more positive Chinese economy news.

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices

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To read the full news release, please click HERE

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

.

.

Disclosure

At the time of writing the author holds shares in Eloro Resources

..Eloro REsources

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.

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City Investors Circle Mining Review 27th August 2023

Gold bounced back strongly after falling below $1900 on US interest rate rise expectations.

The price of lithium has fallen sharply again, down 8.7% last week and over 26% in the last month.

As we are in drilling season there’s not too much newsflow currently, but American Creek, i-80 Gold,  and Karora Resources all reported good drill results from their recent exploration activity.

American Creek benefit from Tudor Gold paying to do drilling on their behalf at Treaty Creek, which was what attracted me to the company in the first place, no share dilution required.

i-80 Gold have four projects in Nevada, with Ruby Hill producing some strong polymetallic drill results consistently.

Karora Resources continue to make discoveries at their Beta Hunt mine in Western Australia, the good news keeps on flowing. I like then ickel component to their mainly gold story, it’s a backstop if you like for a poor gold price, as the two metals are often inversely correlated due to nickel being an industrial metal.

All the news from our watchlist companies is below, click on the links to be taken to the full story on our website.

 I-80 Gold Announced High-Grade Results at Ruby Hill

  UEC Acquired a Portfolio of Canadian Uranium Projects

  Neometals’ Mercedes Battery Recycling Plant Order

  Karora Resources Reported New Fletcher South Results

  Karora Resources appointed Makuch as Director, Humphry as CFO

  American Creek’s JV Partner Intersected 1.48 g/t AUEQ Over 210m

  Mining Review 20th August 2023

Market Data

Weekly price changes

(US$ unless stated)

Metal prices

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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. 

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Marathon Gold Valentian Project.

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City Investors Circle 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 of substance from companies on our watchlist.

It has to be remebered that teams are in the field drilling suring the Candian summer, so news will start to arrive from september onwards.

News from companies on our watchlist.

Cartier Resources, Karora Resources, and Marathon Gold put out positive drilling and development news.

Otherwise it was a farily quiet week, as you can see from the list below.

The Diggers and Dealers Conference took place in Kalgoorlie, so ASX listed companies would likely have had their news out before the show, possibly contributing to the dearth of news this past week.

What little news there was can be viewed by clicking the links below.

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. 

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City Investors Circle Mining Review 6th August 2023

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Mining Review 6th August 2023 – Maple Gold and Pacgold reported exploration results this week, neither causing much excitement in the market.

Maple Gold actually halved on the news, but has since recovered slightly. The market is clearly not impressed!

Orla Mining produced some impressive results, and AISC for the year will be below guidance. The full news release can be read by clicking the link below.

Gold fell nearly 1% on US rate news and sentiment, silver, nearly 3%, reversing some of the recent rise.

News from companies on our watchlist this week can be read by clicking the links below.

  Orla Mining Reported Q2 2023 Results

  Maple Gold Mines Final Assays from PH1 Drilling at Douay

  Silver Tiger Metals Intersected 2.7 M of 1,268.6 g/t Ag Eq

  Neometals Battery Recycling ‘Hub’ Engineering Cost Results

  Pacgold Alice River Exploration Update

  Market Review July 2023 Published

  Mining Review 30th July 2023

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Market Data

Week on Week Price Changes

(US$ unless stated)

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.

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds shares in Maple Gold and Pacgold

..

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. 

.

I-80 Gold – Ruby Hill

Market Data

Weekly Price Movements

(US$ Unless stated)

Metal and Index Prices

.

.

If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds shares in American Creek Resources, and i-80 Gold Corp.

..

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.

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Marathon Gold – Camp at the Valentine Project, Newfoundland.

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. 

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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.

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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. 

Gold Road Resources Gruyere Gold Mine at night

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City Investors Circle Mining Review 25th June 2023

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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.

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Companies from our watchlist in the news this week.

Gold Road Resources disappointed the market by reducing their production guidance for the remainder of the year by up to 20,000 ounces gold.

Orla MIning produced a set of high grade gold results fron the sulphides at Camino Rojo, Mexico.

Please click on the links below for the full stories.

 Orla Mining Reported a Successful Drilling Program

 Gold Road Resources Reduced Gruyere Production Guidance

 Goldshore Filed a Technical report For Moss Gold

 O3 Mining Delivered  Malartic H Maiden MRE

 Impact Minerals Published a MRE for Lake Hope, WA

 Siren Gold Intersected Broad Mineralised Zone

 Mining Review 18th June 2023

Week on Week Price Changes

US$ unless stated

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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. 

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Wesdome Gold Mines Kiena Mine, Quebec.

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City Investors Circle Mining Review 18th June 2023

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Mining Review 18th June 2023 – A typical week in the summer market doldrums, companies are mostly drilling now, so there’s a dearth of explorations news, and we are mainly receiving corporate and financing updates.

It’s clear that some companies are struggling to raise funds, WEX.V confirmed a C$4.5 million raise this week, a whole C$1 million short of their original target, as an example.

The London IPO of WE Soda has been cancelled with brokers stating the reason was due to “extreme investor caution.” This was a £6 billion valuation listing, so a significant cancellation.

One wonders whether they will join other companies in seeking a US listing in the future? Companies are drifting away from London due to the higher valuations being ascribed by US based investors, compared tho their UK based peers.

Companies on our watchlists making news this week

Wesdome Gold Mines and Cartier Resources announced positive drilling news, in an otherwise quiet time for news of substance.

News items are listed below, click the links to read the full story.

  O3 Mining Announced Corporate Updates

  Wesdome Gold Mines Drilling Expands High Grade Zone

  Global Mining Finance Conference Autumn Conference Date Confirmed

  Cornish Metals Provided a South Crofty Tin Project Update

  Newcore Gold Announced a $5 Million Financing

  Cartier Resources Drilling at Chimo Shows Potential

  Mining Review 11th June

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Market Data

Week on Week Price Changes

(US$ unless stated)

Metal Prices

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Metal ETFs

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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.

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PAcgold Alice River Project location map, Queensland, Australia

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City Investors Circle Mining Review 4th June 2023

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.

  Pacgold Intersects Targeted Broad Zones of Veining

  Neometals’ Primobius Positive Update

  Minera Alamos Cerro de Oro Finance package Agreed

  City Investors Circle Market Review May 2023 Published

  Ascot Resources Reported Q1 Results and Construction Update

  Gold Road 2023 AGM Presentation

  City Investors Circle Mining Review 28th May 2023

Market Data

Week on week price changes

(US$ unless stated)

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Metal Prices

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ETF prices

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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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.

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Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

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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.

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Disclosure

At the time of writing the author holds shares in Ascot Resources, Gold Road Resources, Minera Alamos, and Pacgold.

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