Weekly Metals Mining Rundown - Free

Weekly Metals Mining Rundown - Free

Includes: metals pricing, peer group median price performance, peer group median valuations, and list of top and bottom 40 daily performing stocks showing associated peer groups based on our database of 450+ mining stocks, but excludes the lists of individual stocks making up each peer group, their price performances, and their ranked valuation information by market cap/unit resource and by P/NAV. Published and distributed between Saturday and Tuesday each week. For legal disclosures, visit www.hostrockcapital.com/disclosures.

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Weekly Metals Mining Rundown for Week Ending 5 June 2026

Weekly Metals Mining Rundown for Week Ending 5 June 2026

Most metal prices tanked this week along with broader equity markets, led by silver falling -10.6% to $67.30/oz, followed by PGMs & lithium falling by 7-9%, gold by -4.6% to $4,331/oz, nickel by -2% to $8.43/lb, and copper by a slim 1.5% to $6.26/lb; Most metal mining stocks dropped by multiple percent or more, led by silver miners which mostly fell by -10% or more; Broader equity market tanked also, with the big tech dominated QQQ dropping -4.5% and S&P 500 dropping by -2.6%; The QQQ priced in silver has been trending downward since March 2024, and especially (more sharply) since Aug 2025, although QQQ/SILVER gained this week by +5.9% to 10.39 while appearing to retest its 200-dma around 9.941 - after reaching lows in 2011 around 1.20 (which would represent 88% downside in the QQQ index if silver prices remained flat); And the SPX priced in gold has been trending downward since around Jan 2022, and especially (more sharply) since Jan 2025, although SPX/GOLD gained this week by +2.2% to 1.70 while appearing to retest its 200-dma around 1.57 - after reaching lows in 2011 around 0.70 (which would represent -59% of downside in the SPX index if gold prices remained flat); Covered announcements include a reserves and resources upgrade by IAMGOLD for its large Cote open pit project in Ontario, an annual reserves and resources by Northern Star Resources update that grew them by +27-28%, and the first new PEA in over a decade for the Viken uranium-polymetallic project in Sweden by District Metals.

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