Mining Review 10th August 2025

Donald Trump caused chaos in the gold market this week with an announcement to tariff gold imports into the USA.

Orla mining updated on the Camino Rojo mine pit wall collapse, and Ora Banda Mining announced a high-grade gold strike.

 

 

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City Investors Circle Mining Review 10th August 2025

 

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Mining Review 10th August 2025

Donald Trump caused chaos in the gold market this week with an announcement to tariff gold imports into the USA. This would impact Swiss refiners. An excellent synopsis can be read HERE.

This seems designed to hit Switzerland it what looks like a personal attack on the country, and at the time of writing the US government is stating it will issue an “clarification” soon.

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Orla mining updated on the Camino Rojo mine pit wall collapse, with a lowered productio guidance of 5% and a slight increase in AISC. It could have been worse!

Ora Banda Mining announced a high-grade gold strike, which did nothing to lift the depressed share price after the recent lowered production and costs guidance. They seem a hard to please bunch down under, OBM is trading at a tad over 50% from it’s high for a relatively small miss.

West Red Lake Gold Gold Mines gave out a decent update, but again did nothing to help a share price that lost momentum when the sad news of a fatality in the mine was released recently.

An interesting story to emerge from the Australian media is that Meeka Metals were knocked back in a bid to acquire New Murchison Gold.

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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.

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Metal Prices	Price	Weekly % change
Gold price in UK £	2532	-0.08%
Gold in AUD$	5188	-0.10%
Gold	3398	1.01%
Silver	38.2	2.99%
Palladium	1125	-6.64%
Platinum	1329	1.06%
Rhodium	7005	0.07%
Copper	4.46	0.90%
Nickel	6.86	2.24%
Zinc	1.28	4.92%
Tin	15.3	8.66%
Cobalt	15.76	0.00%
Lithium	9983	5.05%
Uranium	72.25	1.05%
Iron Ore	110	0.92%
Coking Coal	193.5	3.48%
Thermal coal	115	-2.13%
Metal ETFs	Price	Weekly % change
GLD	313	1.26%
GDX	58	10.58%
GDXJ	72	10.72%
Sil	54	13.49%
SILJ	16.74	15.13%
GOEX  (PCX)	49	12.62%
URA	40	4.66%
COPX	46	7.60%
HUI	473	10.16%
Gold / Silver ratio	88.95	-1.92%

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

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

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

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

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

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Declaration

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

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