Fraser Institute – Annual Survey of Mining Companies

Graycliff has an option to acquire 100% interest in the Shakespeare property, which is located approximately 80 kilometers west of Sudbury, Ontario and consists of 24 mineral claims over 517 hectares (1,277 acres). [more]

At the PDAC 2026 Investment Leaders Forum, Rick Rule argued investors may be entering a rare period when precious metals and industrial commodities advance together. He tied the setup to governments devaluing currencies and decades of underinvestment in mining exploration and broader industrial supply. Rule said the US dollar could lose up to 75% of its purchasing power over the next decade, a backdrop that could lift the nominal price of gold and reprice hard assets. His framework is to build a conservative base first, then add selective higher-risk positions where the market shows hate or boredom. [more]

Royal Gold (NASDAQ: RGLD) will acquire Sandstorm Gold (TSX: SSL | NYSE: SAND) and Horizon Copper (TSXV: HCU) in transactions valued at approximately US$3.5 billion and $196 million, respectively. The deals are expected to close in late 2025 and will significantly expand Royal Gold’s streaming and royalty portfolio to 393 assets, including 80 producing properties. The company anticipates a 26% increase in gold equivalent output and an 87% revenue mix from precious metals. The acquisitions align with a broader trend of consolidation and diversification in the mining royalty space amid rising demand for gold and copper. [more]