Weekly Metals Mining Rundown for Week Ending 8 May 2026

Lithium pricing surged +10% this past week to more than $28,500/t Li carb (and has now more than tripled over the past year); Silver and copper also notched higher by +6.4% and +5.4% to nearly $80/oz Ag and $6.25/lb Cu; All of this suggests rising demand for clean energy transition infrastructure/products (Li for EVs and battery energy storage, silver for solar panels, and copper for wiring); Meanwhile most precious metals and base metals mining stocks gained by multiple percent during the week - led by silver producers mostly rising by +10% or more; Covered announcements include a annual reserves/resources update by Genesis Minerals and a merger-of-equals between Regis Resources and Vault Minerals.

Author

Host Rock Capital
May 10, 2026

This past week’s top & bottom metal price and mining company peer group movers include:

8 May 2026

This past week’s top 40 performing metals mining stocks (out of Peer Table’s 509) include (share price rounding errors apply, as sourced from Google Finance):

Covered mining company announcements incorporated into this week’s Peer Table (resource updates, economic studies, changes in project ownership):

  • Intermediate gold producer Genesis Minerals Limited (ASX:GMD) announced Tuesday (5 May) a reserves and resources update for its operating mines/projects in Western Australia, which grew reserves by +19% to 4.4 Moz and resources by +29% to 18.9 Moz Au after mining depletion of 243 koz. GMD stock traded near flat +0.7% on 5 May on this news (slightly outperforming our 61-company intermediate gold producer group median drop of -1.7%), before closing the week (ending 8 May) up +8.4% (just outperforming group median weekly gain of +6.2%) to A$6.22/sh, market cap A$7.1b, and market cap/oz resources US$273/oz Au – in between group median $259/oz and mean $370/oz.

  • Intermediate gold producer Regis Resources Ltd (ASX:RRL) announced Tuesday (5 May) that it has agreed to a merger of equals with fellow intermediate gold producer Vault Minerals (ASX:VAU), in an all-stock deal where VAU shareholders will receive 0.6947 shares RRL per share VAU, and will own ~49% of the combined entity (RRL shareholders will own ~51%), resulting in a ~8.5% premium to VAU’s Friday (1 May) close of A$4.52/sh (based on RRL’s Friday close of A$7.06/sh). VAU stock gained Tuesday (5 May) on this news by +3.1% (outperforming 61-company intermediate gold producer median daily loss of -1.7%), before closing the week (ending 8 May) up +4% (just underperforming peer group median of +6.4%) to A$4.70/sh, market cap US$4.9b, market cap/oz resource US$287/oz (in between intermediate gold producer median US$259/oz and mean $370/oz). RRL’s basic shares outstanding will nearly double (+95%) to ~1.5 billion shares while MORE THAN DOUBLING its mineral resources to 20.55 Moz AuEq (including 20.51 Moz Au + trace copper), with RRL stock dropping Tuesday (5 May) on this news by -5.9% (just underperforming group median daily drop of -1.7%), before closing the week (ending 8 May) down -3% (vs. group median gain of +6.4%) to A$6.85/sh, proforma market cap A$10.1b, and (proforma) market cap/oz resource US$357/oz AuEq (and a 23% discount to RRL’s prior/pre-deal US$465/oz Au on Friday 1 May).

Disclaimer: Provided for informational and educational purposes on an ‘as-is’ basis, and is not investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.