zinc

77 days ago

Amaroq new video as cracking new Black Angel grades released: My No 1 holding shines

Today Amaroq (AMRQ) has released new exploration grades from Black Angel, its recently acquired lead/zinc/silver deposit in Greenland. The core grades are impressive but as a bonus there are now indications of critical minerals which will only add to the maths of the project. A polished video which you can see below has also been released. Critically, Amaroq now says explicitly that 100% owned Black Angel will be its second mine, the next to be developed.

230 days ago

Amaroq and a bit of Black Angel Leni-Maths

At 86.5p post placing Amaroq (AMRQ) is valued at c £400 million. I think that its Nalunaq gold mine which will be onstream, within months , and its existing gold exploration sites and base metals operations justify a market cap of at least £700 million, 151p. But what of the Black Angel mine bought today for £10 million. It was once the flagship asset of Angel Mining which went bust but before that Boliden mined it very profitably for 17 years. So what is it worth?

2512 days ago

Podcast: Uranium Will Continue to Climb Higher (as will zinc)

Banker Alex Molyneux argues that uranium is an attractive commodity that utilizes long-term contracts; however, that can result in pricing that doesn’t reflect the underlying product. Lately, uranium has been rising from mine closures, and due to the way, KazAtomProm and Cameco operate.