Mining Review 19th July 2026

Mining Review 19th July 2026

Ora Banda increased Mineral Resources by 159%.

Mogotes Metals announced a us$15 million investment by BHP.

 

 

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City Investors Circle

 

 

 

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Mining Review 19th July 2026

Ora Banda increased Mineral Resources by 159%.

Mogotes Metals announced a us$15 million investment by BHP.

 

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Full access to this week’s stories can be found by clicking the links below,

  New Murchison Gold High-grade Gold Intercepts

  Copper Giant – Initiating Coverage

  Ora Banda Mining Increase Mineral Resources by 159%

  Mogotes Metals Announces US$15 million Investment by Rio Tinto

  G2 Goldfields Update on Arrangement with G Mining and Spin-Out of G3

  Talamore Announces Construction Financing Package for the Coffee Project

  Mining Review 12th July 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price % change
Gold price in UK £ 2970 -3.10%
Gold in AUD$ 5720 -3.13%
Gold 3992 -2.92%
Silver 55.61 -7.01%
Palladium 1226 -3.08%
Platinum 1582 -2.29%
Rhodium 7875 0.96%
Copper 6.09 -1.93%
Nickel 7.46 -0.93%
Zinc 1.6 -3.03%
Tin 24.11 2.60%
Cobalt 25.53 0.00%
Lithium 21325 -3.92%
Uranium 85.7 0.18%
Iron Ore 100 1.01%
Coking Coal 233 -2.10%
Thermal coal 132 0.76%

 

 

Click HERE for live Spot Metal Prices 

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City Investors Circle is based 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 emailandrew@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

The writer may hold shares in some or all of the companies mentioned in this article.




Ora Banda Mining Increase Mineral Resources by 159%

Ora Banda Mining (ASX: OBM)

Announced its Annual Mineral Resourcesand Ore Reserves Statement update as at 1 April 2026 marking a significant strengthening of the Davyhurst Gold Project inventory base .

Since the previous statement as at 1 July 2025, the Company the Company’s nominated annual review date for Mineral Resources and Ore Reserves is 1 April.

 

 

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Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2 Billion @ A$1.09
Location Western Australia
Website www.orabandamining.com.au

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ORA BANDA ANNUAL MINERAL RESOURCE AND ORE RESERVE STATEMENT

 

 

Ora Banda Mining Ltd (ASX: OBM or Company) is pleased to announce its Annual Mineral Resources and Ore Reserves Statement update as at 1 April 2026 marking a significant strengthening of the Davyhurst Gold Project inventory base .

Since the previous statement as at 1 July 2025, the Company the Company’s nominated annual review date for Mineral Resources and Ore Reserves is 1 April.

 

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Highlights

75% increase in Mineral Resources to 3. 69 Moz and 159% increase in Ore Reserves to 610 Koz, strenhe pathway to a larger, longer -life Davyhurst production base

Mineral Resources:
o Total Mineral Resource Estimate is 56.5 Mt @ 2.0 g/t for 3.69 Moz, a 75% increase of
1.58 Moz from 1 July 2025, including:
• Round Dam Open Pit Mineral Resource increased 964% to 25.4 Mt @ 1.6g/t for
1,330 Koz, up from 125 Koz 2
• Waihi Open Pit and Underground Mineral Resource increased 1 14% to 7.3 Mt at
2.1 g/t for 482 Koz, up from 225 Koz 3
• Riverina Underground Mineral Resource increased 18% to 8.7 Mt at 2. 5 g/t for
689 Koz, up from 586 Koz
• Sand King Underground Mineral Resource increased 4% to 3.9 Mt at 2. 9 g/t for
363 Koz, up from 348 Koz. Indicated & Measured increased 27% to 223 Koz
from 17 6 Koz
A maiden Mineral Resource Estimate for Little Gem is scheduled to be delivered in H1 FY27

 

Ore Reserves:
o Total Ore Reserve Estimate increased 159% to 8.4 Mt at 2.3 g/t for 610 Koz, net of
mining depletion of 80 Koz to 1 April 2026.
• The Ore Reserve base now comprises five principal mining sources across the
Davyhurst Gold Project: Waihi Underground, Waihi Open Pit, Round Dam Open
Pit, Sand King Underground and Riverina Underground, together with low -grade
in -situ material and existing stockpiles
• Central Davyhurst area Ore Reserves total 4.7 Mt at 2.2 g/t for 332 Koz, including
the maiden Waihi Underground Ore Reserve of 825 kt at 3.8 g/t for 101 Koz and
the maiden Round Dam Open Pit Ore Reserve of 3.7 Mt at 1.9 g/t for 223 Koz 4
• Sand King Underground Ore Reserve increased 49% to 1.24 Mt at 3.2 g/t for 125
Koz, supported by resource conversion drilling, positive grade reconciliation
and improved geological confidence
• Riverina Underground Ore Reserve increased to 844 kt at 3.7 g/t for 100 Koz,
demonstrating continued growth of the underground reserve base

 

 

The effective date of this Statement is 1st April 2026.

2 The Round Dam MRE was previously announced on 11th Mar 2026
3 The Waihi MRE was previously announced on 18th May 2026
4 Waihi underground and Round Dam open pit maiden Ore Reserve Estimate was previously announced 18 th May 2026
Annual Mineral Resource and Ore Reserve Statement as at 1 April 2026 has delivered substantial growth in Resources and Reserves across the portfolio, including the
delivery of a +1.3 Moz Mineral Resource at Round Dam, materially improving the scale, diversity and development flexibility to underpin the future at Davyhurst .

The standout contribution came from Round Dam, where successful exploration and resource definition drilling delivered a +1.3 Moz Mineral Resource and a maiden 223 Koz Ore Reserve, demonstrating the potential for rapid discovery to resource to reserve conv ersion across the Company’s tenement holding.

With demonstrated exploration success, the Company has (and continues) to invest significantly in exploration and resource definition drilling across the Project.

In FY26, the Company invested approximately $75 million in drilling activities, completing more than 310,000 metres of reverse circulation and diamond core drilling.

To date, this investment has delivered outstanding rapid growth in the Company’s resource base, with Mineral Resources increasing by 75% (1.58 Moz) to 3.69 Moz from 2.11 Moz and Ore Reserves increasing by 159% to 610 Koz, from 236 Koz (including low -grade material and stockpiles).

The Company’s commitment to resource growth remains strong, with a further 340,000 metres of drilling planned for FY27 (excluding grade control drilling), supporting continued resource conversion, reserve growth and future development opportunities.

Key focuses for this drilling programme are extensions to known mineralisation at Round Dam, Little Gem and Sand King.

 

 

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Ora Banda Managing Director, Luke Creagh, commented:

“These excellent results are a credit to our geological team and highlight Ora Banda’s commitment to exploration investment, which continues to drive strong organic growth across our highly prospective tenure.

 

“This is a step -change result for Ora Banda. In less than 12 months, our drilling investment has delivered a 75% increase in Mineral Resources and a 159% increase in Ore Reserves, materially strengthening the production platform at Davyhurst..

 

“Our ability to discover new deposits, develop them into mines and keep growing them in rapid time is setting us apart and gives us a clear line of sight to our goal to become Australia’s next plus 300,000oz gold producer.

 

“We are currently working towards further additions to our mineral inventory with a maiden mineral resource estimate for Little Gem slated to be delivered in H1 FY27.”

 

 

 

The full news release can be viewed HERE

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To view Ora Banda’s latest share price and chart, please click HERE

.To View Ora Banda Mining’s historical news, please click here.

The live gold price can be found HERE

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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 Ora Banda Mining.

.

To read our full terms and conditions, please click HERE

 

 




Mining Review 7th June 2026

Mining Review 7th June 2026

Orla Mining and Equinox Gold fell on news of a blockade at Orla’s Camino Rojo mine in Mexico. The blockade has now been lifted and work resumed.

The American war on Iran continues to create volatility in the market.

 

 

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City Investors Circle

 

 

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City Investors Circle Mining Review 7th June 2026

 

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Orla Mining and Equinox Gold fell on news of a blockade at Orla’s Camino Rojo mine in Mexico. The blockade has now been lifted and work resumed.

This seems to be the result of a long running dispte between Orla and a union at the mine, which has also involved a court case over representation at the mine between two unions.

One hopes the issue will be resolved quickly as it’s now damaging both companies share prices before the business combination.

 

Pacgold has announced it is to demerge its Queensland assets, including the prospective Alice River gold project, into a new company, Manda.

The company will then focus on the White Dam gold project, where small scale production of around 500 – 600 ounces per month has started, and this will fund exploration to try and extand the resource and life of mine.

Pacgold shareholders will benefit form an in-specie distribution of 1 for 6 shares in Manda.

It would appear however that this benefit is reserved for Australia and New Zealand based shareholders, but not those in the rest of the world. I have asked the company to confirm this, but have not received a reply so far, which augurs badly, in my opinion.

I am going to sell my holding if UK shareholders are excluded from the in-specie distribution on the principle that we are being disadvantaged to the benefit of local shareholders.

Surely ALL shareholders should be treated equally?

 

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The American war on Iran continues to create volatility in the market, with gold moving further downwards during the constant positive and negative announcements being made by Trump and Iran.

Every sign of peace results in a higher gold price and oil falls, then another announcement reverses everything. This is a real nonsense, a US President should not be behaving like this in my opinion.

Where is the UN?

 

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Archives

image_pdfimage_print

  Orla Mining Blockade Dispute Over, workers Return

  Caprice Resources – High-Grade Gold Growth at The Island Gold Project

  Pacgold to Demerge Its Queensland Assets

  Ora Banda DRIVE to 300 aspiration To Double Production

  Orla Mining’s share Price Falls as Mine Blockaded in Worker Dispute

  Market Review May 2026

 

 

 

Metal Prices                      Price Weekly % change
Gold price in UK £ 3245 -3.97%
Gold in AUD$ 6142 #DIV/0!
Gold 4328 -4.71%
Silver 68 -9.33%
Palladium 1259 -8.04%
Platinum 1792 -6.62%
Rhodium 8900 0.00%
Copper 6.26 -1.42%
Nickel 8.41 -2.21%
Zinc 1.6 0.00%
Cobalt 25.53 0.00%
Lithium 24000 -4.70%
Uranium 86.15 1.12%
Iron Ore 102 -2.86%
Coking Coal 247 2.92%
Thermal coal 148 7.25%



Ora Banda DRIVE to 300 aspiration To Double Production

Ora Banda Mining (ASX: OBM)

Announced the DRIVE to 300 aspiration of delivering Ora Banda’s next phase of growth.

Drive to 300 is an aspirational target for OBM. Statements and projections in this announcement are aspirational goals and not production targets or forecasts.

 

 

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Ora Banda MIning

Site View – Courtesy of Ora Banda Mining

 

 

 

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Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.6 Billion @ A$1.37
Location Western Australia
Website www.orabandamining.com.au

 

 

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DRIVE to 300 is Ora Banda’s new 3-year aspiration to double production

Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda”, “OBM”, “Company”) is pleased to announce the DRIVE to 300 aspiration of delivering Ora Banda’s next phase of growth .

Drive to 300 is an aspirational target for OBM. Statements and projections in this announcement are aspirational goals and not production targets or forecasts. The Company does not yet have reasonable grounds to believe the “Drive to 300” aspiration can be achieved.

EPC terms have not been agreed and there is no guarantee they will be agreed on the proposed terms or at all

Highlights:

To set up its next stage of growth, the Ora Banda Board has approved the following key projects :
1. The construction of a new, standalone 3.0 Mtpa nameplate processing plant at Davyhurst for A$375 million, including:
• Selecting GR Engineering Services as preferred contractor for EPC contract of A$233 million
• Approving supporting infrastructure and capital contingency of A$142 million
• Works planned to commence early in FY27 with commission ing scheduled for Q3 FY28
2. Waihi Underground as the 3rd underground mine for capital cost of A$90 million, including:
• Portal to be established in Q2 FY27 with focus on fast -tracking development into the high -grade “Golden Pole” lode
• Steady state production scheduled to be reached by Q1 FY28
3. Upsized revolving credit facility of A$200 million (‘revolver’) and additional gold price
protection enhances balance sheet strength and flexibility, in addition to the Company’s
A$232 million cash balance at 31 March 20262
;

The key projects approved are targeted to deliver benefits including:
• 4.2 Mtpa of combined milling nameplate capacity for FY29 4
• Substantial unit cost reductions through increased scale, removal of third -party milling costs and operating efficiencies
• Mitigation of single asset risk with dual mill optionality

 

 

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Ora Banda’s Managing Director, Luke Creagh, said:

“The DRIVE to 300 is the exciting next phase for Ora Banda, building on earlier success with the achievement of to DRIVE to 100 and DRIVE to 150.

 

“This doubling of production is currently expected to be capable of being internally funded and has the potential to add material value and position Ora Banda as a long -term sustainable gold business.”

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The full news release can be viewed HERE

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.

To view Ora Banda’s latest share price and chart, please click HERE

.To View Ora Banda Mining’s historical news, please click here

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The live gold price can be found HERE

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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 Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Ora Banda Mining Appoints John Richards as Chairman Elect

Ora Banda Mining (ASX:OBM)

Advised that Mr John Richards has been appointed as a Non-Executive Director of Ora Banda with effect from 1 May 2026.

It is currently anticipated that Mr Richards will assume the role of Chair from Peter Mansell who has indicated he will retire from the Board at the close of the 2026 AGM.

 

 

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Ora Banda Mining

Riverina adit – Courtesy of Ora Banda Mining

 

 

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Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$3 Billion @ A$1.58
Location Western Australia
Website www.orabandamining.com.au

 

 

 

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Ora Banda Mining – Appointment of John Richards as Chair-elect

 

Ora Banda Mining Limited (ASX:OBM) (Ora Banda or the Company) is pleased to advise that Mr John Richards has been appointed as a Non-Executive Director of Ora Banda with effect from 1 May 2026.

 

It is currently anticipated that Mr Richards will assume the role of Chair from Peter Mansell who has indicated he will retire from the Board at the close of the 2026 Annual General Meeting to be held in November.

 

 

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In welcoming John to the Ora Banda Board, Peter Mansell commented,

“John is an outstanding successor to the Ora Banda Chair, having demonstrated throughout his career the attributes necessary to guide Ora Banda through its next growth phase.

 

“The Board and I are delighted to welcome John.”

 

 

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CEO and Managing Director Luke Creagh said,

“I would also like to congratulate John and welcome him to Ora Banda.

 

“John brings a wealth of knowledge and experience that will be highly beneficial as we continue to build Ora Banda into a premier gold business.”

 

 

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Biography of Mr Richards

Mr Richards brings 40 years of experience in the global mining and metals sectors as an executive and Non-Executive Director across multiple jurisdictions. John is currently Non-Executive Chair of copper mining and exploration company Sandfire Resources Ltd and is the Lead Independent Non-Executive Director of mineral sands focused Sheffield Resources Ltd.

John has previously held directorships with gold producers Northern Star Resources Ltd and Saracen Mineral Holdings Ltd, where he served on the exploration and growth committees with responsibility for capital allocation decisions relating to exploration and organic and inorganic growth. 

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The full news release can be viewed HERE

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.

To view Ora Banda’s latest share price and chart, please click HERE

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

Ora Banda Mining ASX: OBM)

Pdrovide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

 

 

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Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

INFILL DRILLING CONFIRMS GOLDEN POLE’S MINING POTENTIAL

 

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “OBM”, “Company”) is pleased to provide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Following the drilling success at Golden Pole ( 2.2m @ 56.3 g/t, 5.0m @ 13.2 g/t, 3.2m @ 13.9 g/t and 9.0m @ 4.8 g/t )

1 a 22 hole drill program commenced in January 2026. This drilling aimed to infill
and extend mineralisation beneath the historical Golden Pole workings and confirm
mineralisation around the new lode east of Golden Pole .

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

Highlights:

• Targeted infill and extensional drilling on Waihi’s Golden Pole Lode 1 has confirmed its
mining potential with thick, high -grade results including (see Figure 3):
o 3.0m @ 44.0 g/t Inc. 2.0m @ 64.6 g/t Golden Pole
o 11.3m @ 10.5 g/t Inc. 2.0m @ 48.2 g/t Golden Pole
o 7.0m @ 16.9 g/t Inc. 3.5m @ 31.3 g/t Golden Pole
o 5.0m @ 23.1 g/t Inc. 2.0m @ 55.0 g/t Golden Pole
o 5.0m @ 15.8 g/t Inc. 2.0m @ 34.6 g/t Golden Pole
o 7.9m @ 8.7 g/t Inc. 1.7m @ 31.4 g/t Golden Pole
o 7.0m @ 5.8 g/t Inc. 1.0m @ 14.1 g/t Golden Pole
o 0.4m @ 80.9 g/t Golden Pole
o 3.0m @ 9.6 g/t Inc. 1.0m @ 19.4 g/t Golden Pole
o 3.0m @ 8.2 g/t Inc. 1.0m @ 10.7 g/t Golden Pole
o 3.0m @ 7.0 g/t Inc. 1.0m @ 15.8 g/t Golden Pole
o 6.0m @ 6.7 g/t Inc. 2.9m @ 12.4 g/t Golden Pole ( 1m Re -splits)
• These results come from 22 holes completed as part of an infill and extension drill
program announced on 15 January 2026.
• In addition to the success at Golden Pole, results were also returned from the last of the
2025 drilling program across the broader Waihi Project , with highlights including:
o 1.9m @ 8.5 g/t Inc. 0.7m @ 19.2 g/t Waihi West
o 1.0m @ 32.9 g/t Waihi East
• The Waihi deposit is located three kilometres west of Ora Banda’s Davyhurst processing plant and is being targeted as a potential third underground mine with a Mineral Resource Estimate update and maiden underground Ore Reserve Estimate scheduled in the June 2026 quarter.

This will include the Golden Pole lode for the first time

The program was highly successful returning several results greater than 100 gram metres ( 3.0m @ 44.0 g/t, 11.3m @ 10.5 g/t, 7.0m @ 16.9 g/t and 5.0m @ 23.1 g/t).




Mining Review 19th April 2026

Mining Review 19th April 2026

Ora Banda Mining and Wesdome Gold Mines both reported strong results.

Omai Gold increased its Mineral Resource Estimate.

 

 

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City Investors Circle

 

 

 

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City Investors Circle Mining Review 19th April 2026

 

 

Mining Review 19th April 2026

Ora Banda Mining and Wesdome Gold Mines both reported strong results.

Omai Gold increased its Mineral Resource Estimate.

 

All significant news from our watchlist companies from the last week is listed below, please click the links to read the full story.

  Ora Banda Reports Record Production and Cashflow in Q1

  Catalyst Metals’ Trident underground gold production nears

  Wesdome Announces Solid Results

  Orla Mining Falls on Union Concerns

  Omai Gold Increases Indicated Mineral Resources to 2.5m oz Au

  Horizon Minerals Becomes Maritana Minerals

  Mining Review 12th April 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices 190426 Weekly % change
Gold price in UK £ 3554 0.65%
Gold in AUD$ 6708 -0.19%
Gold 4790 0.82%
Silver 79.75 4.73%
Palladium 1550 0.58%
Platinum 2090 1.16%
Rhodium 10300 0.98%
Copper 6.1 4.10%
Nickel 8.16 4.35%
Zinc 1.56 3.31%
Tin 22 1.71%
Cobalt 25.53 0.00%
Lithium 23617 5.43%
Uranium 86.65 0.99%
Iron Ore 107 0.00%
Coking Coal 232 0.00%
Thermal coal 125 -6.02%

Click HERE for live Spot Metal Prices 

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.

City Investors Circle is based 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 emailandrew@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

The writer may hold shares in some or all of the companies mentioned in this article.

To read our full terms and conditions, please click HERE




Ora Banda Reports Record Production and Cashflow in Q1

Ora Banda Mining (ASX: OBM)

Reported its activities for the March 2026 quarter, with record gold production, record cashflow, and an updated 1.3 Moz Mineral Resource for Round Dam all standouts during the period, highlighting ongoing success across the Company’s Davyhurst operations.

 

 

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Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.87 Billion @ A$1.49
Location Western Australia
Website www.orabandamining.com.au

 

 

 

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Ora Banda Reports Record Production and Cashflow in Q1

 

 

Ora Banda Mining (ASX: OBM)

Reported its activities for the March 2026 quarter, with record gold production, record cashflow, and an updated 1.3 Moz Mineral Resource for Round Dam all standouts during the period, highlighting ongoing success across the Company’s Davyhurst operations.

 

March 2026 – QUARTERLY ACTIVITIES REPORT

Record gold production of 38.8koz delivers $76.3 million in free cash flow lifting
closing cash to $231.7 million Highlights
• LTIFR of 0. 5, TRIFR 9.1
• Record quarter of production delivered 38,766oz (including attributable equivalent production), a 21% increase on the December quarter, with 38,637oz of gold sold (FY26 YTD totals 101.2koz)
• Free cash flows of $76.3 million lifted closing cash to $231.7 million (Dec -25: $155.4 million) , after investing $52.5 million on capital projects, resource development, exploration and $4.0 million on Put Option premium payments
• AISC/oz for the quarter of $3,6 12/oz sold remains elevated primarily due to the increased cost of third -party processing, which delivered 10. 9koz in the quarter .

 

The Company continues to advance studies towards building a new standalone 3mtpa processing plant with decision expected in the June 2026 quarter
• Continued exploration success across the Davyhurst Project, noting :
o Tenfold increase in Round Dam Mineral Resource to 1.3 Moz, Group Mineral
Resources +57% to 3.3 Moz
o Standout drill results from Golden Pole 2
o Substantial expansion of the mineralised envelope at Little Gem , now extending more
than 1,5 00 metres of strike and 750 metres vertically below surface
o Discovery of the new “ Sapphire“ trend as a potential new gold lode system at Little Gem
• $63 million internally funded investment approved to advance key growth projects 4
, including the recommencement of open pit mining operations at Waihi and advancing mill study to FEED status
• 25% increase in mined ounces from Sand King over the previous period, with commercial production declared during the quarter
• Davyhurst plant achieves record throughput of 343.2kt in the quarter, up 17% from the prior quarter and record recoveries of 93%

 

 

.
Managing Director’s Comment

 

Ora Banda’s Managing Director, Luke Creagh, said:

“The team has done an outstanding job with the ramp -up of operations during FY26 with this quarter showing a 21% increase in ounces produced over the December period which has delivered $76.3 million in free cash flow after substantial investments into fut ure growth projects.

 

“The Company’s closing cash position has consequently lifted to $231.7 million placing the business in a strong position.

 

“Furthermore, our exploration activities continue to deliver outstanding results including high grade intercepts from Golden Pole, discoveries at Little Gem (Sapphire Trend) and the release of a significant 1.3 Moz Mineral Resource for Round Dam – these have been made possible through the Company’s $73 million FY26 investment into exploration and resource development across the Davyhurst Project.”

.

The full news release can be viewed HERE

.

+++++++

.

To view Ora Banda’s latest share price and chart, please click HERE

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Ora Banda Update on Third Party Ore Processing

Ora Banda Mining (ASX: OBM)

Updated on its approach to processing surplus Davyhurst ore through third party infrastructure.

 Throughout FY26, Ora Banda has utilised third-party processing to accelerate cashflow from excess ore as mining volumes have exceeded existing Davyhurst processing capacity.

 

 

 

Ora Banda MIning

Site View – Courtesy of Ora Banda Mining Limited

.

.

Ora Banda Mining ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.65 Billion @ A$1.37
Location Western Australia
Website www.orabandamining.com.au

..

Ora Banda Update on Third Party Ore Processing

 

 

Ora Banda Mining Limited (ASX:OBM) ( Ora Banda or the Company) provides the following update on its approach to processing surplus Davyhurst ore through third party infrastructure :
• Throughout FY26, Ora Banda has utilised third-party processing to accelerate cashflow from excess ore as mining volumes have exceeded existing Davyhurst processing capacity .
• To date during FY26 approximately 345,000 tonnes of Davyhurst ore has been processed via the Paddington mill under the previous non-binding Memorandum of Understanding (MOU) with Paddington Gold Pty Limited , which anticipated up to 400kt of ore being processed during FY26. 
• The Company has now replaced the MOU with a full-form binding Ore Sales Agreement ( OSA) between Siberia Mining Corporation Pty Ltd, Carnegie Gold Pty Ltd and Paddington Gold Pty Limited.
• The OSA enables Ora Banda to process a further 120,000 dry metric tonnes ( ± 10%) of gold bearing Davyhurst ore at Paddington during March and April 2026.
• Following expiry of the OSA, Ora Banda intends to build excess ore stockpiles for future processing through its 100% owned infrastructure which is expected to deliver material cost and recovery benefits . Ora Banda will also continue to review third party processing options in the ordinary course of business .
• FY26 Production and All-in Sustaining Cost (“AISC”) guidance remains unchanged from that provided in the December 2025 quarterly report .
• The Company continues to progress studies relating to the construction of a standalone 3 million

.

The full news release can be viewed HERE

.

+++++++

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Mining Review 15th March 2026

Mining Review 15th March 2026

Westgold posted record half-year results.

G Mining Ventures increased its gold reserves by 221% to 6.52 million ounces.

 

 

.

Swiss Mining conference

The 2026 European conference season starts in Zurich soon

 

 

.

City Investors Circle Review 15th March 2026

 

 

It was another volatile week on the metals markets, with gold, silver, and most other metals falling in price.

As a result many miners are falling in value, as oil is one of the major costs of mining for most companies, and especially open pit projects. One market commentator stated that oil accounts for around 9% of the cost of gold mining.

Whilst it’s dispiriting to see the price of well performing companies falling, I’m maintaining my positions. Once the Iran turmoil is over I expect a relief rally,

it’s a question of waiting for me.

 

++++++

.

Highlights

Westgold posted record half-year results.

G Mining Ventures increased its gold reserves by 221% to 6.52 million ounces.

Cabral Gold drilled an exception high-grade hole at their Jerimum Cima project in Brazil.

 

G Mining Ventures 2025 Gold Reserves Increase 221% to 6.52 Moz

  Cabral Gold Drilled 9.5m @ 87.4 g/t Gold at Jerimum Cima

  Ora Banda Mining Drilling Discovered a New Sapphire Trend

  Ora Banda Mining Grew Round Dam MRE Ten Times

  G Mining Ventures‘ Investor La Mancha Exercised its Right For Additional Shares

  Westgold Post Record Half-Year Results

  Mining Review 8th March 2026

 

 

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ 3800 -1.48%
Gold in AUD$ 7215 -1.93%
Gold 5022 -2.90%
Silver 81 -3.96%
Palladium 1536 -4.66%
Platinum 2027 -5.50%
Rhodium 11700 0.86%
Copper 5.83 1.22%
Nickel 7.77 -2.02%
Zinc 1.48 -1.33%
Tin 22.4 -1.06%
Cobalt 25.53 0.00%
Lithium 21879 -1.03%
Uranium 85.4 -0.87%
Iron Ore 108 6.93%
Coking Coal 223 -3.04%
Thermal coal 134 -1.47%

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.

.

Disclosure

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

.

To read our full terms and conditions, please click HERE




Ora Banda Drilling Discovers New Sapphire Trend

Ora Banda Mining (ASX: OBM)

Provided an update on its continued exploration success at its high-grade Little Gem Prospect.

The area initially consisted of the Little Gem Prospect on the Little Gem Trend, presenting as a multi-lode system that extended from Riverina to Sunraysia as a strike of 7.5 kilometres.

 

 

.

 

 

 

.

Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.73 Billion @ A$1.42
Location Western Australia
Website www.orabandamining.com.au

.

ORA BANDA DRILLING EXPANDS LITTLE GEM NEW “SAPPHIRE” TREND DISCOVERED

 

 

 

Ora Banda Mining Limited (ASX: OBM) (Ora Banda”, Company”) is pleased to provide an update on its continued exploration success at its high-grade Little Gem Prospect.

The area initially consisted of the Little Gem Prospect on the Little Gem Trend, presenting as a multi-lode system that extended from Riverina to Sunraysia as a strike of 7.5 kilometres .

The recent discovery of the Sapphire Trend, located 200m east of the Little Gem Trend, has expanded the exploration window for further drilling and potential mineralisation.

Highlights:

• Latest drilling has expanded the Little Gem Prospect’s mineralised envelope to
more than 1,500 metres of strike and 750 metres vertically below surface , with
mineralisation open in all directions.
• Exploration drilling has discovered the Sapphire Trend (200 metres east of Little
Gem Trend) which presents as a new potential lode system.
• Sapphire Trend runs parallel to the Little Gem Trend and is yet to be specifically
targeted in exploration programs, with new results pointing to the growing
significance of it s mineralisation potential
• Drilling at Sunraysia Prospect (3km south of Little Gem Prospect ) on the Little
Gem Trend has identified high-grade lode s (see Figures 3 & 4)
• Ora Banda expects to deliver a Maiden Mineral Resource Estimate on Little Gem
during second half of 2026 . Drilling remains ongoing .
• Recent significant intersections include:

Little Gem Prospect:
o 10.0m @ 6.9 g/t Inc. 2.0m @ 26.9 g/t Little Gem Trend
o 6.0m @ 11.3 g/t Inc. 1.0m @ 60.0 g/t Little Gem Trend
o 20.1m @ 2.9 g/t Inc. 0.8m @ 11.3 g/t Little Gem Trend
o 16.0m @ 3.0 g/t Inc. 1.0m @ 17.2 g/t Little Gem Trend
o 14.9m @ 3.2 g/t Inc. 0.9m @ 11.0 g/t Little Gem Trend

.
Little Gem Trend

Drilling has expanded the mineralised envelope at the Little Gem prospect to over 1,500 metres of strike and 750 metres below surface, with mineralisation continuing to remain open at depth and along strike .

Drilling at the Sunraysia Prospect (3km south of the Little Gem Prospect), along this same Little Gem Trend also highlight ed the ongoing growth potential of the broader region, with intercepts identifying high-grade mineralisation including intersections of 9.0m @ 4.1 g/t (inc. 2.0m @ 14.5 g/t) and 3.0m @ 9.3 g/t (inc. 1.0m @ 21.2 g/t). 

This drilling has added a further 800 metres of prospective strike to the Little Gem Trend with the mineralisation yet to be closed to the south.

Sapphire Trend

Step-out drilling has discovered the Sapphire Trend located 200m east of Little Gem with intersections including 18.0m @ 2.7 g/t, 10.2m @ 4.2 g/t and 11.5m @ 2.8 g/t.

The Sapphire Trend runs parallel to the Little Gem Trend and will be a targeted area for the ongoing exploration drilling programs in this region.

Both the Little Gem and Sapphire trend are broad north-south striking mineralised packages that are composed of multiple sub-parallel and sub-vertical gold lodes. The mineralisation geometry remains predictable as the drill spacing reduces and mac ro high grade plunges identified in the drill core mimic those seen at Riverina, approximately 30 degrees to the south.

With +150 drill holes now completed acros the Little Gem Prospect , drilling is continuing and the company is anticipating delivery of a Maiden Mineral Resource during the second half of calendar year 2026.

 

 

.

Ora Banda’s Managing Director, Luke Creagh, said:

“These outstanding drill results continue to confirm the scale and quality of the Little Gem system with recent gains from exploration step-outs at the Sapphire Trend and Sunraysia Prospect demonstrating the outstanding potential of this area.

“The work we’ve been doing is a reminder of the enormous organic growth potential of our ground, and as part of this, we very much look forward to delivering a maiden Mineral Resource Estimate for Little Gem in the second half of CY26.”

,

The full news release can be viewed HERE

.

+++++++

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE

 

 




Ora Banda Grows Round Dam MRE Ten Times

Ora Banda Mining (ASX: OBM)

Reported a new Mineral Resource of 25.6Mt @ 1.6g/t for 1,330 koz at the Company’s Round Dam deposit – a 964% increase from the previous resource of 125 koz.

The 25.3Mt Round Dam Resource includes 7.1Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t in the Inferred category.

 

 

.

Ora Banda Mining

 

 

.

Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.73 Billion @ A$1.42
Location Western Australia
Website www.orabandamining.com.au

 

 

 

.

ORA BANDA ROUND DAM MINERAL RESOURCE GROWS TENFOLD TO
1.33 MILLION OUNCES

 

 

 

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report a new Mineral Resource of 25.6Mt @ 1.6g/t for 1,330 koz at the Company’s Round Dam deposit – a 964% increase from the previous resource of 125 koz, following the first phase of an organic growth program set to continue throughout the remainder of FY26.

The 25.3Mt Round Dam Resource includes 7.1Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t in the Inferred category.

All of the Round Dam Resource is considered suitable for open pit mining and has been calculated with open pit shells that are cash -flow positive at A$5,000/oz and using a cut -off grade of 0.3g/t.

The resource estimate includes drilling up to the end of January, noting that it remains open along strike and at depth, with follow up drilling for both resource extension and category conversion continuing.

The resource uplift at Round Dam provides a substantial boost to the Company’s total global resource position which has increased by 57% to 3.3 Moz – noting that further resource updates are planned to be released for other deposits in mid -2026.

Ora Banda has budgeted to spend $73 million on exploration in FY26 which equates to approximately 330km of drilling.

Ora Banda considers exploration along the Round Dam trend still to be at an early stage.

The 18km long north – south striking mineralised trend runs from Waihi in the north (3.5km from the Davyhurst Mill) to Salmon Gums in the south. Ora Banda began its initial phase of drilling along a 7.5km section of the trend which hosts several existing historical deposits and prospects within this exploration corridor.

Total Davyhurst MRE of 3.3Moz combines the updated Round Dam MRE of 1.3Moz with the Davyhurst MRE as stated on 12 September 2025.

The 2025 MRE for deposits other than Round Dam have not been updated for any mining depletions or additions from any additional FY26 drilling, all of which will be updated in mid -2026.

.

Highlights

Ora Banda’s targeted organic growth strategy sees group Mineral Resources
rapidly grow to 3.3 million ounces
• Drilling at Round Dam has expanded the Round Dam Mineral Resource Estimate (MRE) by 964% to 25.6Mt 1.6g/t for 1,330 koz
• The 25.6Mt Round Dam MRE includes 7.2Mt at 1.8g/t for 408 koz in the Indicated category and 18.2Mt at 1.6g/t for 922 koz in the Inferred category
• All of the Round Dam Resource is considered suitable for open pit mining and has been calculated with open pit shells that are cash-flow positive at A$5,000/oz, using a cut-off grade of 0.3g/t
• Round Dam remains open along strike and at depth. Drilling for both resource extension and category conversion is ongoing
• The uplift has increased Ora Banda’s global resource position by 57% to 3.3 million ounces, noting that resource updates are planned to be released for other deposits in mid-2026.

 

 

 

.
Ora Banda s Managing Director, Luke Creagh, commented:

“This fantastic result is testimony to the expertise and hard work of our exploration and resource development team s who continue to deliver outstanding results with our $73 million FY26 exploration budget.

“There is no doubt of the scale of the Round Dam system noting there is significant potential to find more mineralization along strike and at depth, supporting our belief in the ability to deliver rapid resource upgrades through our ongoing organic growth programs.

“We are incredibly excited by the potential of Round Dam to become a substantial mining operation, as the Company continues to advance it’s study work into the construction of a standalone ~3mtpa processing facility at Davyhurst.”

.

,

The full news release can be viewed HERE

.

=======

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Mining Review 8th March 2026

Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

 

 

.

Heliostar

 

 

 

.

Mining Review 8th March 2026

 

 

Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

Gold stocks in my portfolio were mainly down as a result of the 2% fall in price of the gold. I am not taking any action, as Charlie Munger once said, “time in the market beats timing the market”.

In my experience that is mainly the case, over time the markets rise, and I have never been good at trying to time trades so sitting and holding is my preferred method of increasing my portfolio value.

 

+++++++

 

The price of gold fell in US dollar terms, but the UK pound price actually increased as a result of a fall in the value of the pound versus the dollar.

This highlights the store of value offered by gold to investors in a country such as the UK where the government is felt to be running the economy down, and in a way negative to growth and business entrepreneurship.

Silver and palladium took huge hits, dropping 9.95% and 12.16% respectively.

n general this was another week of precious metals volatility, despite the US and Israeli attacks on Iran continuing, and the price of oil rising fast.

 

+++++++

 

  Caprice Resources Defined a New Targets at Vadrians

  Catalyst Metals Posted Strong Half Year Results

  Ora Banda Mining Reported Record Half Year Results

  Fuerte Metals Awarded a Contract for the Coffee Gold Project’s Northern Access

  Orla Mining Filed an  Updated Technical Report for South Railroad

  Market Review For February 2026 Published

  Mining Review 1st March 2026

 

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ £3857 0.52%
Gold in AUD$ A$7357 -0.81%
Gold 5172 -2.01%
Silver 84.34 -9.95%
Palladium 1611 -12.16%
Platinum 2145 -8.06%
Rhodium 11600 3.34%
Copper 5.76 -3.68%
Nickel 7.93 -3.06%
Zinc 1.5 -2.60%
Tin 22.64 -0.75%
Cobalt 25.53 0.00%
Lithium 22107 3.22%
Uranium 86.15 -3.15%
Iron Ore 101 2.02%
Coking Coal 230 -6.50%
Thermal coal 136 16.24%

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.

.

Disclosure

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

.

To read our full terms and conditions, please click HERE




Ora Banda Reports Record Half Year Results

Ora Banda Mining (ASX: OBM)

Reported record revenues of Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million ) for the half -year ended 31 December 2025, a period during which the Group generated $18 4.0 million in operating cash flows.

 

 

.

Ora Banda MIning

Site View – Courtesy of Ora Banda Mining

 

 

 

.

Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.73 Billion @ A$1.42
Location Western Australia
Website www.orabandamining.com.au

 

 

 

.

Ora Banda Mining – December 2025 – Half Year Results

 

 

Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report on the financial and operating activities of the Company and its subsidiaries (“Group”) for the half -year ended 31 December 2025 – a period during which the Group generated $18 4.0 million in operating cash flows, which continues to be reinvested in the Group ’s growth projects.

 

H1 FY2 6 Highlights:

• Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million )
• EBITDA1 increased by 106% to $ 173.2 million
• Net Profit after Tax (NPAT) increased 89% to $ 96.3 million , including a $ 43.8 million (non -cash) tax expense in the current period (H1 FY25: nil)
• Cash flow from Operations increased 102% to $184.0 million
• Closing cash of $ 155.4 million (June 202 5: $84.2 million ), up $ 71.3 million
• Record six monthly gold sold of 62,583 oz (including attributable equivalent ounces) (H1 FY25 : 47,824oz)
• Sand King Underground achieved capital payback 12 months after establishing portal
• Put options executed during the period provides coverage over 150koz at A$6,000 exercise price over periods of January – June 2026 and October 2026 – October 2027

.

The full news release can be viewed HERE

.

=======

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE

 

 




Mining Review 8th February 2026

Mining Review 8th February 2026

A roller coaster week for precious metal prices, finally ending the week strongly, unlike base metals.

Heliostar Metals announced the first gold pour from its San Agustin gold mine.

 

 

.

Heliostar

 

 

City Investors Circle Mining Review 8th February 2026

 

Mining Review 8th February 2026

A roller coaster week for precious metal prices, ending the week strongly, with the gold price up by 1%, and silver down 9.75%. Industrial metals were all down, but coking coal rose 6% as supply issues are becoming a concern.

 

+++++++

 

Heliostar Metals announced the first gold pour from its San Agustin gold mine.

Caprice Resources and Ora Banda Mining reported high-grade gold drill results at their projects in Western Australia.

 

+++++++

 

News from our other tier 1 and 2 watchlist companies is pasted below, click on the link to be taken to the full story.Archives

  Heliostar Celebrates First Gold Pour from San Agustin Mine Restart

  Caprice Resources Report high Gold Grades at Island

  Heliostar Files Prefeasibility Study for Cerro del Gallo Project

  Barton Gold Began The 2026 Tunkillia Drilling Program

  Ora Banda Mining Reported Exceptional Drilling Results at Round Dam

  Market Review January 2026 published

  Mining Review 1st February 2026

 

Metal Prices 80226 Weekly % change
Gold price in UK £ 3643 1.85%
Gold in AUD$ 7067 -1.20%
Gold 4954 1.06%
Silver 77.5 -9.75%
Palladium 1672 -1.82%
Platinum 2038 -3.91%
Rhodium 10475 -7.30%
Copper 5.79 -2.20%
Nickel 7.73 -3.01%
Zinc 1.5 -2.60%
Tin 22 -5.74%
Cobalt 25.53 0.00%
Lithium 19382 -9.91%
Uranium 85 -14.36%
Iron Ore 99.1 -4.53%
Coking Coal 247 6.01%
Thermal coal 116 6.42%

 

,

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.

.

Disclosure

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

.

To read our full terms and conditions, please click HERE




Mining Review 1st February 2026

Mining Review 1st February 2026

An awful week for investors in precious metals and companies that mine them.

After hitting new highs, the week ended with a flash crash taking gold and silver down a ski slope after Trump’s choice for the FED, a hawk, took the market by surprise.

 

 

.

Orla Mining

 

 

.

City Investors Circle Mining Review 1st February 2026

 

.

Mining Review 1st February 2026

An awful week for investors in precious metals and companies that mine them.

After hitting new highs, the week ended with a flash crash taking gold and silver down a ski slope after Trump’s choice for the FED, a hawk, took the market by surprise.

 

+++++++

 

 

+++++++

News from our other tier 1 and 2 watchlist companies is pasted below, click on the link to be taken to the full story.Archives

  Ora Banda Mining Issued an Update For The Waihi Project

  Catalyst Metals Issued a K2 Mine Update

  Aris Mining Delivered Strong Gold Production Above Guidance

  West Red Lake Gold Mines Released a Madsen Mine Video

  Equinox Gold Completes Sale of Brazil Operations for US$1.015 Billion

  Cabral Gold Drilled a 9.5m @ 5.74 g/t Gold and Expands Discovery

  Mining Review 25th January 2026

 

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 10226 Weekly % change
Gold price in UK £ 3577 -2.27%
Gold in AUD$ 7153 -1.54%
Gold 4902 -1.74%
Silver 85.87 -16.99%
Palladium 1703 -10.13%
Platinum 2121 -23.60%
Rhodium 11300 13.00%
Copper 5.92 2.42%
Nickel 7.97 -5.34%
Zinc 1.54 6.21%
Tin 25.53 +1%
Cobalt 25.53 0.00%
Lithium 21515 -6.65%
Uranium 99.25 14.74%
Iron Ore 103.8 -0.57%
Coking Coal 233 0.87%
Thermal coal 109 -3.54%

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.

.

Disclosure

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

.

To read our full terms and conditions, please click HERE

 




Ora Banda Mining Issues an Update For The Waihi Project

Ora Banda Mining (ASX: OBM)

Provided an update on continued drilling success at its Waihi Project which has expanded the high-grade mineralisation area on the Golden Pole lode.

 

 

.

Ora Banda Mining

Ora Banda mine location map – Credits Ora Banda Mining

 

 

.

Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$3.47 Billion @ A$1.65
Location Western Australia
Website www.orabandamining.com.au

 

 

 

.

Ora Banda Mining Issues an Update For The Waihi Project

 

 

 

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “OBM”, “Company”) is pleased to provide an update on continued drilling success at its Waihi Project which has expanded the high-grade mineralisation area on the Golden Pole lode.

See ASX announcement “Outstanding Drill Results at Waihi Builds Momentum for Third Underground Mine” dated 4 September 2025 here

In July 2025, Ora Banda embarked upon a 45-hole drill program, targeting depth extensions and new discoveries across the Waihi Project. Continued drill success, particularly at Golden Pole, resulted in an expansion of the program to 97 holes, with a further 20 holes now planned to solely focus on the Golden Pole lode.

Historically, the Golden Pole mine produced 81,000 tonnes @ 29.6g/t Au for ~77,000 ounces (between 1900 and 1939), extracted via underground mining methods. Potential extensions to the Golden Pole mineralised system were poorly drill tested by previous operators, providing a significant follow-up opportunity for Ora Banda.

Initial drilling by Ora Banda, reported on 4 September 2025, confirmed the presence of a new lode in the hanging wall of Golden Pole, returning intercepts of 13.5m @ 6.1 g/t and 8.0m @ 8.7 g/t (4m Composite samples))
1
. Subsequent drilling proximal to these intercepts has returned 7.0m @ 27.4 g/t including 2.0m @ 87.5 g/t.

Drilling beneath the historical Golden Pole workings has demonstrated significant down-plunge extensions to mineralisation with intercepts including 2.2m @ 56.3 g/t, 5.0m @ 13.2 g/t, 3.2m @ 13.9 g/t and 9.0m @ 4.8 g/t.

Follow up drilling to further test these high grade extensions is scheduled to commence in January 2026.

 

 

.

Ora Banda’s Managing Director, Luke Creagh, said:

“These outstanding results continue to support the case for Waihi to be Ora Banda’s third underground mine, with drilling right across the Waihi package returning high-grades, excellent widths and the potential for further extensions of the mineralised system, all within 3km of the Davyhurst Processing plant.

“Furthermore, the identification of a brand-new lode to the West of Golden Pole highlights the incredible opportunity within the package, opening up another exciting zone for exploration at Waihi”

.

The full news release can be viewed HERE

.

=======

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Mining Review 21st December 2025

Mining Review 21st December 2025

The big news of the week was Equinox Gold’s Brazilian asset sale to reduce debt.

Great Boulder, Ora Banda Mining, and Pacgold all announced exploration successes.

 

 

.

Aerial view of the White Dam Project – Courtesy of Pacgold Ltd.

 

 

 

.

City Investors Circle Mining Review 21st December 2025

The big news of the week was Equinox Gold’s Brazilian asset sale to reduce debt.

Great Boulder, Ora Banda Mining, and Pacgold all announced exploration successes.

 

——-

 

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. Arc

   Ora Banda Confirms Significant Extension at Sand King

  Great Boulder +1 M Oz High-Grade Gold Resources at Side Well

  Pacgold’s St George Defines 14km Gold and Antimony Anomaly

  Kaiser Reef Completes Union Hill Waste Dump Drilling

  Westgold Sells Mt. Henry to Alicanto Minerals

  Westgold to Spin-Out Non-Core Assets to Valiant

  Equinox Gold Sale of Brazil Operations, Reduces Debt

  Mining Review 14th December 2025

 

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——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices 211225 Weekly % change
Gold price in UK £ £3260 1.34%
Gold in AUD$ A$6576 1.67%
Gold $4338 0.88%
Silver 67.1 8.31%
Palladium 1698 12.30%
Platinum 1974 11.84%
Rhodium 7800 -2.19%
Copper 5.51 0.36%
Nickel 6.6 0.76%
Zinc 1.4 -7.28%
Tin 19 0.32%
Cobalt 24 0.25%
Lithium 13918 5.02%
Uranium 78 0.58%
Iron Ore 104.7 2.65%
Coking Coal 212 2.42%
Thermal coal 106 -0.93%
Metal ETFs Price Weekly % change
GLD 399 1.01%
GDX 88 2.33%
GDXJ 118 3.51%
Sil 85 3.66%
SILJ 28.45 3.01%
GOEX  (PCX) 84 3.70%
URA 46 0.00%
COPX  70 2.94%
HUI  717 2.28%
Gold / Silver ratio 64.65 -6.86%

.

.

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based 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




Ora Banda Confirm Significant Extension at Sand King

Ora Banda Mining (ASX: OBM)

Reported further drill results from the northern corridor, between Sand King and the historically mined Palmerston shallow open pit, reinforcing the scale and growth potential of this emerging mineralised system.

 

 

.

Ora Banda Mining

Sand King location in Western Australia – Courtesy of Ora Banda Mining Ltd.

 

 

.

Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.43 Billion @ A$1.28
Location Western Australia
Website www.orabandamining.com.au

 

 

 

.

Ora Banda Confirm Significant Extension at Sand King

 

 

.

Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report further drill results from the northern corridor, between Sand King and the historically mined Palmerston shallow open pit, reinforcing the scale and growth potential of this emerging mineralised system.

 

Highlights

The results follow the high grade results in SKDD25030 (18.7m @ 8.9 g/t) and SKDD25030W1 (8.7m @ 8.7 g/t and 8.8m @ 10.4 g/t) reported on 9 September 2025
.
Drilling across the northern corridor is progressing from both surface and underground, testing the large potential of the northern corridor with 43 surface RC and diamond holes having been completed to date, all of which are outside of the current life of mine (LOM) plan.

Assays have been returned from 16 of the 43 surface holes, with significant intercepts including 16.6m @ 8.3 g/t, 6.0m @ 16.9 g/t and 12m @ 6.4 g/t. In parallel, 57 resource extension holes have been drilled from underground into the northern corridor.

To date assays from 15 underground holes have been received, including 6.7m @ 39.3 g/t, 7.0m @ 10.7 g/t and 10.5m @ 6.2 g/t. Seven surface drill holes in the southern corridor have confirmed and extended mineralisation with intercepts such as 6.0m @ 23.3 g/t, 4.0m @ 6.5 g/t and 2.0m @ 10.0 g/t, demonstrating the broader scale of the
Sand King system.

Drill results to date in the northern corridor highlight the excellent potential for resource growth.

An underground drill rig has been deployed into the nearby historical Palmerston pit to expedite the definition of additional resources in this area. An initial program of seven holes is underway with six holes completed to date, with all assays currently pending.

 

 

.

Ora Banda’s Managing Director, Luke Creagh, said:

“The drilling at Sand King continues to validate our view that we are only in the early stages of unlocking what is potentially a large mineralised system.

 

“The widths and tenor of these near mine step-out holes are exciting as they indicate that Sand King has the potential to deliver increased production and mine life, with these northern extensions accessible from existing underground infrastructure.

 

“As part of our $73 million exploration budget in FY26, we continue to drill Sand King and look forward to delivering further exploration success as drilling continues.”

.

The full news release can be viewed HERE

.

=======

.

To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in Ora Banda Mining.

.

To read our full terms and conditions, please click HERE




Capricorn and Ora Banda Mining added to the S & P ASX 100

Capricorn / Ora Banda Mining

Both companies have been added to the S & P ASX 100 in the December Quarter rebalance.

This reflects the higher price of gold being reflected in their earnings and market cap.

 

 

.

 

 

.

Capricorn and Ora Banda Mining have been added to the S & P ASX 100 at the December Quarter Index rebalance.

 

 

Both companies have been added to the S & P ASX 100 in the December Quarter rebalance.

This reflects the higher price of gold being reflected in their earnings and market cap.

 

To read the full news release please click HERE

——-

.

=======

.

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

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

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

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

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

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

.

=======

,

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

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

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

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

.

Disclosure

At the time of writing the author holds shares in both companies. 

.

To read our full terms and conditions, please click HERE