City Investors Circle – Company watchlist.
The following companies listed on the watchlists below are not recommendations in any shape or form, they are companies we follow because they have presented to our group in London or that we personally like because they fit our own particular investment criteria.
Always do your own research and consult an investment professional.
The first group of companies are either in production, or close to it, and financed through to production.
|Ascot Resources||TSX||AOT||Restarting the Premier Gold mine
Funded and construction underway
British Colombia, Golden Triangle
|Calidus Resources||ASX||CAI||Developing the Warrawoona Gold Project
Funded, construction underway, first gold H1 2022
East Pilbara region, Western Australia
|Colonial Coal||TSX.V||CAD||Awaiting a corporate action by potential buyers
Premium quality steelmaking (coking) coal
British Colombia, Peace River coalfield
|Cyprium Metals||ASX||CYM||Copper development company, several projects
Nifty Copper mine restarting in q4 2022 / Q1 2023
North east Pilbara region, Western Australia
|Gold Road Resources||ASX||GOR||Gold producer, developer, and explorer
Owns 50% of the producing Gruyere Gold Mine
Yamarna Greenstone Belt, Laverton region, Western Australia
|Karora Resources||TSX||KRR||Gold producer, developer, and explorer
Beta Hunt and Higginsville gold mines
Kalgoorlie region, Western Australia
|Minera Alamos||TSX.V||MAI||Gold producer, developer, and explorer
Santana Mine producing gold, developing Cerro de Oro
Sonora and Zacatecas states, Mexico
|Neometals||ASX||NMT||Developing metal and minerals for the green economy
Primobius JV signing battery recycling contracts
Perth, Western Australia
|Orla Mining||TSX||OLA||Gold producer, developer, and explorer
Camino Rojo Oxide Gold Project
Zacatecas, Mexico, and Panama
|Wesdome Gold Mines||TSX||WDO||Gold producer, developer, and explorer
Eagle River and Kiena gold mines
Ontario and Val d'or, Quebec, Canada
The following companies are exploration stories that we follow, and report their news.
They are generally less advanced than the list above, but at a stage where discoveries are often made, and shareholder value can be created. By definition they carry a greater degree of risk.
|03 Mining||TSX.V||Olll||Exploration in a gold mining 'hotspot'
Near the Canadian Malartic mine
Val d'or, Quebec, Canada.
|American Creek||TSX.V||AMK||Exploration JV, free carry to production decision
Next to major gold deposits, KSM and Brucejack mine
Golden Triangle, near Stewart, B.C., Canada.
|Argosy Minerals||ASX||AGY||Rincon Lithium project (77.5%, up to 90%)
2,000 tpa LCE processing plant under construction
Lithium Triangle, Salta Province, Argentina
|Banyan Gold||TSX.V||BNY||Banyan Gold
|Boab Metals||ASX||BML||Exploration for lead, silver, and zinc
Chinese 25% JV partner
Kimberley, Western Australia
|Cabral Gold||TSX.V||CBR||Exploration in a prolific gold zone
Near term production from tailings potential
Cuiú Cuiú, Para State, north east Brazil
|Canuc Resources||TSX.V||CNR||Silver and copper exploration, gas production
Gas production revenues cover company running costs
Mexico and Texas, USA
|Cartier Resources||TSX.V||ECR||Exploration and development for gold
Chimo is a former producing mine with infrastructure
Abitibi Greenstone Belt, Quebec, Canada.
|Cornish Metals||AIM/TSX.V||CUSN||Exploration for tin and copper in Cornwall, UK
South Crofty former producing tin mine
Camborne, Cornwall, UK
|Fosterville South||TSX.V||FSX||Gold exploration in a prolific gold belt
Abuts the high grade Fosterville Gold Mine
Lauriston, Victoria State, Australia
|GoldMining Inc||TSX||GOLD||Gold development company
Multiple projects at a resource ready stage
North and South America
|Kootenay Silver||TSX.V||KTN||Silver exploration and development
Three advanced silver projects
Chihuahua, Sanora, and Sinaloa, Mexico
|Lithium Power International||ASX||LPI||Lithium exploration and development
Maricunga JV project
North Chile, plus Western Australia
|Latrobe Magnesium||ASX||LMG||Magnesium from fly ash
A rare metal produced in a green method saving CO2
Latrobe Valley, Victoria State, Australia
|Los Cerros||ASX||LCL||Copper and gold exploration
Large copper porphyry discovery
Central Colombia, S. America
|Magnetic Resources||ASX||MAU||Gold exploration on a prolific mining region
Large scale assets from surface, M & A potential
Laverton region of Western Australia
|Newcore Gold||TSX.V||NCAU||Gold exploration in a high grade gold region
On Bibiani Shear Zone.
Enchi, Ghana, West Africa
|Nouveau Monde||TSX.V||NOU||Graphite production
Vertically integrating ore to product
Matawinie, Quebec, Canada.
|Osisko Development||TSX.V||ODV||Gold exploration in the Cariboo and Sonora regions
Former Barkerville Gold property
British Columbia, Canada, and Sonora, Mexico
|Radisson Mining||TSX.V||RDS||Gold exploration and development
Abitibi Greenstone Belt
Val d'or, Quebec, Canada.
|Rokmaster Resources||TSX.V||RKR||Gold / polymetallic exploration and development
Updated mineral resource completed.
Revel Ridge, south British Columbia, Canada
|Rumble Resources||ASX||RTR||Zinc-Lead-Silver Sulphide exploration
Multiple projects in a highly prospective region
|Silver Tiger Metals||TSX.V||SLVR||Silver exploration in a high grade silver region
El Tigre former producing mine, closed in the 1930's
Sierra Madre Occidental, Sonora, Mexico
|Tinka Resources||TSX.V||TK||Silver, copper, and tin exploration
Looks a likely takeover target for Buenaventura of Peru.
North of Lima, Peru
|Uranium Energy||NYSE||UEC||In situ uranium production (Currently shut in)
Several exploration and development projects in the USA
Texas, New Mexico, Wyoming USA, Canada and Paraguay
|Westhaven Gold||TSX.V||WHN||Gold Exploration
Early stage exploration in a greenfield area
Merritt, British Columbia, Canada.
Tier 3 – Recovery stocks
The following companies are stocks that have fallen from their highs, generally due to poor management execution or some other problem, but we monitor because we think they might recover in the future, normally because new experienced management are brought in to turn things around.
|Pure Gold Mining||TSX.V||PGM||Producing gold mine
Issue is poor execution, costs too high
Red Lake area, Ontario, Canada
|Sierra Metals||TSX||SMT||Three producing Mines, gold, silver, copper
Covid has caused missed production guidance
Mexico and Peru
|Superior Gold||TSX.V||SGI||Producing gold miner.
Plutonic mine, bought from Northern Star
|Wiluna Mining||ASX||WMC||Producing gold miner
New management in 2019
Northern goldfields, Western Australia
Tier 4 – Companies operating in more risky jurisdictions
The following companies operate in jurisdictions where we would not normally invest, but have promising projects.
|Celsius Resources||ASX||CLA||Copper gold exploration and development
Main asset formerly owned by Freeport-McMoRan
Luzon State, Philippines
|El Oro Resources||TSX.V||ELO||High grade gold, silver, and lead
Exploration hindered by slow assays
ISKA ISKA, Potosi, Bolivia
|Atico Mining||TSX.V||ATY||Producing gold and copper miner
El Roble mine, Colombia
Colombia and Ecuador
Tier 5 – Companies to watch for recovery after a significant fall in share price
The following companies are early stage exploration projects, with initial promising drill results, in good jurisdictions.
We will monitor them for progress, and may mention them from time to time.
|BMG Resources||ASX||BMG||Early stage gold exploration
Close to Wiluna and Northern Star mines
|Siren Gold||ASX||SNG||Greenfield gold exploration