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
Mining Review 21st May 2023
Neometals and Calidus Resources published positive updates in a week devoid of news of substance.
Most metals also had a poor week, but lithium rose strongly and looks to be on the way back up after a terrible year so far. Continue reading
Mining Review 14th May 2023
Karora Resources is following ASX listed Calidus Resources by proposing an unlocking of its lithium assets, to create a newco to list on the ASX in due course.
Gold is still oscillating around the $2,000 level. Lithium was up 16% week on week, is this the start of its price recovery? Continue reading
Mining Review 7th May 2023
The FED rate hike dominated the markets this week, up .25% as gold fell on the news, later recovering a little.
American Creek, Cartier Resources, Eloro, Goldshore, and Minera Alamos all made news this week. Continue reading
City Investors Circle – London
The April 2023 Market Review has been published.
Companies mentioned include Argosy Minerals, Calidus Resources, Gold Road Resources, i-80 Gold, and Karora Resources. Continue reading
