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Nasdaq Commodities

Shares of URG Now Oversold

1 week 6 days ago
In trading on Thursday, shares of UR-Energy Inc (Symbol: URG) entered into oversold territory, changing hands as low as $1.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
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Rio Tinto, Government Deal Secures Bell Bay Smelter Until 2031

1 week 6 days ago
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO), the Tasmanian Government, and the Australian Commonwealth have finalized a multi-tiered agreement to keep the Bell Bay aluminium smelter operational through December 2031.The facility’s existing power supply agreement with state-owned Hydro Tasmania was set to expire at the end of 2026.Under the new five-year power deal, Hydro Tasmania will continue supplying electricity to the smelter. While specific pricing details were not disclosed, the Tasmanian government characterized the arrangement as "globally competitive" and the "lowest possible electricity price." The state government previously indicated a AU$60 million annual gap between Rio Tinto's offer and Hydro Tasmania's requirements.In a separate but concurrent measure, the federal and Tasmanian governments will provide a combined AU$200 million support package to maintain the smelter's international competitiveness. Federal Industry Minister Tim Ayres described the subsidy as a "complex deal," noting the level of government support is tied to fluctuations in global aluminium prices."There's appropriate arrangements to make sure there's a cap on expenditure every year," Ayres told ABC News Australia. "As the aluminium price is high and continues to rise, there are thresholds to protect that investment. It's a good smart deal that protects the interests of the taxpayers but most importantly delivers a platform for investment."Operating since 1955, Bell Bay was the first aluminium smelter in the Southern Hemisphere and currently produces approximately 190,000 tons of aluminium annually. The facility injects roughly AU$260 million per year into the local economy through 180 suppliers.The George Town municipality in northern Tasmania has faced economic uncertainty recently, exacerbated by the closure of the country's only commercial manganese alloy smelter at Bell Bay, which cost more than 200 jobs.The federal, Tasmanian, and South Australian governments recently contributed to a AU$105 million funding package for Nyrstar's Hobart and Port Pirie smelters to modernize operations.Separately, Rio Tinto is expanding its Australian footprint upstream. In early September, the miner agreed to acquire the Aurukun bauxite project in Northern Queensland from a joint venture between Glencore (LSE:GLEN,OTCPL:GLCNF) and Mitsubishi Development. Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Kevin Smith: Gold Run Still Early, Two Paths to US$20,000 Price Target

2 weeks ago
Kevin Smith, CEO of Crescat Capital, shares his outlook for gold, including two paths it can take to reach his US$20,000 per ounce price target. He also explains why junior miners represent the biggest chance for gains. Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Bullish on Silver, Now it's Time to Execute | Endeavour Silver's Dan Dickson

2 weeks ago
Dan Dickson of Endeavour Silver (TSX:EDR,NYSE:EXK) shares his thoughts on silver supply and demand, as well as how his company is working to capitalize on the improved price."I'm bullish on silver, (and) I'm bullish on how people are going to invest in silver over the next little bit," he commented during the interview. Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Analyst Favorites: Coeur Mining Ranks As a Top Metals Pick

2 weeks ago
A study of analyst recommendations at the major brokerages shows that Coeur Mining Inc (Symbol: CDE) is the #15 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global
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Atlas Lithium Stock Getting Very Oversold

2 weeks 1 day ago
In trading on Tuesday, shares of Atlas Lithium Corp (Symbol: ATLX) entered into oversold territory, changing hands as low as $2.388 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentu
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Copper Crunch — Structural Deficit "Here to Stay" | McEwen Copper's Michael Meding

2 weeks 1 day ago
Michael Meding, managing director of McEwen Copper, discusses the company's Argentina-based Los Azules copper project, including the timeline for a final investment decision and when an initial public offering may take place. He also touches on supply/demand dynamics in the copper space. Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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5 Canadian Potash Stocks

2 weeks 1 day ago
The global potash market is dominated by Canada, the world's leading potash producing country. In 2025, Canada produced 15 million metric tons of potash, nearly one third of the global output of 49 million metric tons.The potash supply chain has faced difficulties in the past few years, including challenges related to the COVID-19 pandemic and Russia's invasion of Ukraine.In 2026, the sector has been affected by the escalating Canada-US trade dispute. While potash has so far been exempt from US tariffs on Canadian goods as of September 2026, it remains unclear how long that will last.That month, US President Donald Trump said the US was working on a deal to buy cheaper potash from Belarus, the world's fourth-largest potash country. The announcement was controversial due to the country's ties with Russia. However, Belarus quickly responded it does not have the capacity to sell potash to the US. Trump walked back the declaration the next day, saying that the US would continue to source potash from Canada.Potash producers continue to push ahead despite headwinds, and potash exploration and development companies are working hard at projects that can take advantage of rising demand for agricultural products.For those interested in investing in the potash market, here's a list of Canadian potash stocks listed on the TSX and TSXV. Potash companies are listed from largest to smallest, and all had market caps of at least C$10 million as of September 28, 2026. 1. Nutrien (TSX:NTR) Market cap: C$48.66 billionNutrien is Canada's biggest potash company by far, and the world's largest producer of the fertilizer mineral. The company was formed on January 1, 2018, after Potash Corporation of Saskatchewan and Agrium completed a merger of equals. Nutrien is a leading provider of crop inputs and services, with an agricultural retail network that services more than 600,000 grower accounts.The potash-mining company produces a variety of different materials, but in terms of potash production it has over 20 million metric tons of capacity at its six potash mines in Saskatchewan. 2. Millennial Potash (TSXV:MLP) Market cap: C$295.02 millionMillennial Potash holds an 80 percent interest in the Banio potash project, which it is developing on the Atlantic coast of Gabon, West Africa. It has an earn-in agreement with The project's December 2025 resource estimate includes measured resources of 648.2 million metric tons grading 15.7 percent potassium chloride, and indicated resources of 1.8 billion metric tons grading 15.6 percent potassium chloride. The project also holds substantial inferred resources of 3.56 billion metric tons at a grade of 15.6 percent.A definitive feasibility study is underway, evaluating a solution mining operation with a base production rate of 800,000 metric tons of muriate of potash (MOP) per year. The US International Development Finance Corporation has committed US$3 million toward the study's costs. Once the study is completed Millennial will earn the final 20 percent interest in project owner Equatorial Potash. Millennial expects to complete the study by the end of 2026 and apply for a mining license in early 2027. ​3. Gensource Potash (TSXV:GSP) Market cap: C$71.75 millionGensource Potash's Vanguard area and Lazlo area are located in Saskatchewan.The company's main asset, the Tugaske potash project in the Vanguard area, is its central focus. Once in operation, it will create no salt tailings and will require no brine ponds. In July 2026, Gensource announced that it was carrying out a technical refresh of the project that will increase minimum capacity to 500,000 metric tons of MOP per year, doubling the previous target. In February 2026, it signed an exclusivity agreement with a Southeast Asian conglomerate that contemplates funding the project through construction and commissioning, alongside a long-term supply agreement. 4. Verde AgriTech (TSX:NPK) Market cap: C$43.46 millionVerde AgriTech is a company focused on producing low-carbon specialty fertilizers for the agriculture industry in Brazil and global markets. Its main asset is Cerrado Verde in the state of Minas Gerais, which entered production in 2017. The operation hosts a measured and indicated resource of 1.47 billion metric tons grading 9.28 percent potassium oxide. The company is licensed to produce up to 2.8 million metric tons per year of its multi-nutrient potassium fertilizers.In 2025, the company reported sales of 258,432 metric tons of its fertilizers, down from 318,870 metric tons in 2024. It attributed the decline to tight credit conditions in Brazilian agriculture. ​5. Sage Potash (TSXV:SAGE) Market cap: C$24.14 millionSage Potash is developing its flagship project the Sage Plain potash property in the Paradox Basin of the US state of Utah, with the goal of supplying US potash demand. The company is planning to use solution mining rather than a more conventional underground process.According to a 2025 preliminary economic assessment, the operation was evaluated with an initial annual capacity of 300,000 metric tons of potash production. As for project economics, the report estimates a post-tax net present value of US$502 million with an internal rate of return of 39 percent. The included inferred mineral resource was 298 million metric tons of ore grading 42.1 percent potassium chloride, or 26.6 percent potassium oxide.Sage is advancing the project towards an updated resource estimate and pre-feasibility study that will evaluate an operation with higher capacity. This is an updated version of an article originally published by the Investing News Network in 2015.Don't forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
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Analyst Favorites: Kinross Gold Ranks As a Top Metals Pick

2 weeks 1 day ago
A study of analyst recommendations at the major brokerages shows that Kinross Gold Corp. (Symbol: KGC) is the #10 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Globa
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Mining's Next Elite Teams? Three Young Leaders Weigh In

2 weeks 1 day ago
Investors in the resource sector are often told to know the management teams of the companies they invest in. However, many of mining’s elite leaders are closer to the end of their careers than the start. Names like Pierre Lassonde, Ross Beaty and the Lundins carry weight among resource sector investors. Their success wasn’t built on a one-off deal, but repeated time and again. What they represent for investors is a deep knowledge of the industry, from the geology of a prospect to the financing of a deal and the construction of a mining operation.However, it leaves investors with a significant question: Who’s next? It’s a question at a time when commodities look more like a bull market. Gold, silver and copper have all hit record highs in the last year, and capital has started to come back to the mid-tier and junior space.At the Precious Metals Summit's Young Leaders panel on September 22, three executives discussed their time in the industry and how they approach managing a mining company in today’s commodity cycle. Charles Funk, founder and CEO of Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF), is credited with major discoveries at the Panuco project during his time with Vizsla Silver (TSXV:VZLA,NYSEAMERICAN:VZLA).Mani Alkhafaji, president and chief corporate development officer with First Majestic Silver (TSX:AG,NYSE:AG), helped the company raise US$350 million through a convertible note offering in December 2025, and says he has worked closely with CEO Keith Neumeyer for 14 years. Rounding out the panel, Frederick Bell’s recent appointment as CEO of Elemental Royalty (TSX:ELE,NASDAQ:ELE,OTCQX:ELEMF) came alongside a US$290 million deal to acquire five streams and royalties from Orion Mine Finance’s portfolio. ​Learning the business comes first While each of these executives has taken a different path to becoming industry leaders, they all spend time understanding how mines and projects work before diving into the financing side.Funk began his career working for large Australian mining companies under geophysicists, geologists and mining engineers. It provided a foundation, and by the time he started learning financing, he already understood mining as a business. “For me, it was about just getting the opportunity to understand the science of geology, discovery and exploration, and then the business of project review and business development,” he said. Alkhafaji took a similar path. He was sent to sites to work as general manager or head of supply chains. It was a hands-on education that gave him the fundamentals that is learned through experience. “The most important thing that (Neumeyer) taught me is you have to learn the business from the bottom up. Boots on the ground is quite important,” he said.Bell’s entry into the mining sector came withy challenges and setbacks. He was a history graduate who started working with an Australian uranium exploration company. However, after the Fukushima meltdown in March 2011 caused uranium prices to crash, he left Australia to start his own gold company in the UK, which lost 80 percent after the 2014 downturn. That’s when he started looking at the royalty and streaming model, which offered better cash flow and protection from commodity-market volatility. Although his path hasn’t been straightforward, it’s been “For me, the satisfaction and motivation is really creating something from nothing, seeing it grow over the years, and that’s a sort of pretty rewarding experience,” he said. ​The biggest industry challenge as they see it All three suggested that one of the biggest challenges is a gap in experience, created by a lack of talent entering the mining sector, and few things in mining are as people-related as a leadership role. So how have they addressed the talent problem? Alkhafaji suggests retention and investment are key aspects of his strategy. He spoke about investing in scholarships and local communities. He sees these investments as a way to build positive relationships and present the industry in a constructive light, which will, in turn, drive more education and talent into the industry.“You know there are external rewards, but if you can tap into the intrinsic rewards and really get these guys to believe in passion, believe in what we’re doing, explain mining and despite what you hear online, and despite some of the negative stigma, you need this, and if you’re passionate about that, you’re contributing, people will buy into that, and you’ll buy loyalty that way,” he said. Funk has taken a different approach. He acknowledged a distinct 10 year gap in the industry because things were so tough in the late 1990s and early 2000s, which he outlined with an anecdote about Bre-X. “There are people who joke about Bre-X, and there are people who lived through it, and they’re completely different,” he said. His answer to the talent gap is to pair seasoned technical people who know their field well but have little interest in running a company, with younger, ambitious staff who aim to move into management.“I’ve repeatedly tried to do that, where you’ve got that experienced, weathered hand who can give you enough rope but not enough to hang yourself, with someone who’s prepared to run hard,” Funk said. ​Success builds its own rewards Part of overcoming challenges like finding and retaining talent, raising capital, and setting new deals is reputation. The Beattys, Lassondes and Lundins built a reputation for hard work and success and that proven track record attracts investors, but they didn’t get there overnight.Funk, Alkhafaji and Bell recognize the role their own success has played in building their track records in the industry, and how it has contributed to improving outcomes for them and their companies. “We were private for sort of three and a half years before we went public, and part of that was establishing a track record sufficient that when we actually came to market we could look back and say, hey, here are some deals we did. This is what we said at the time, and this is how it was delivered, and that made it an awful lot easier for us when we came to marketing to raise some money,” Bell said. Elemental's first deal was just under US$2 million, and it had to give half of it away to a partner to close it. Since then, the company has syndicated about US$200 million of deals with private equity funds, Franco-Nevada (TSX:FNV,NYSE:FNV) and another royalty company. Bell said the company is now large enough to keep the full economics of its deals, funding them itself or raising the capital if needed.From Bell’s perspective, the track record Elemental has built has allowed it to grow to a point where the firm doesn't have to rely on outside partners. They completing its convertible note in 2025, which deals ranging from US$10 million to the US$290 million in cash and shares, needed to acquire the Orion assets. Alkhafaji credited First Majestic's reputation for its ability to complete its convertible note in 2025 that raised US$350 million. “It comes down to two things: reputation, right? So we’ve been consistent. The market is aware of our performance. We’ve done a convertible in the past, and the other one is that, when it comes to convertibles, investors are looking for liquidity, and First Majestic is one of the most liquid stocks in the space,” he said. He noted that the company has an investor base of around 85,000 shareholders that trade in the range of US$250 million to US$500 million every day. Alkhafaji said that everyone can raise money, but it is important to keep investors engaged and remind them of the company’s story and vision. Part of the process is being prepared, having the company do its due diligence, and knowing when the window to the market is open. “People are looking for liquidity, and that helps, you improve your coupon, and the other side improves your premium on the stock,” he said. For Funk, a demonstrated track record was key to moving beyond the reputation of being an exploration company. “So we had exploration success and though, geez, I don’t want to do this for another down cycle where no one wants to talk to you. Everything’s tough, and so I had this view that well, let’s build a proper company that in weak times you can deploy capital and you can take advantage of that part of the cycle,” he said. That meant big goals and looking to the majors and how they built themselves up over a number of decades through the steady acquisition of projects. “Our goal at the end of the decade is 500,000 ounces, but we’d love to own four or five mines that are tier one gold mines that have a lot of upside potential,” Funk said. However, his biggest goal was tois key in the mining on for good work. “We all know those companies’ names, and they carry a lot of weight in our industry,” he added. ​What should investors watch? The panel reinforced the idea that leadership knowledge at a mining company is key in the industry.Investors should look for technical or operational experience beyond capital raises. They should look at how the company handled a downturn and for signs that therience can drive better deals. Most mining companies aren’t built to last, and while strong commodity prices underpin success today, a downturn can easily spell disaster for a leadership team without the experience to prepare for it. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
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Producing Gold Now, Share Price Re-Rate Ahead? | New Found Gold's Keith Boyle

2 weeks 2 days ago
Keith Boyle of New Found Gold (TSX:NFGC,NYSEAMERICAN:NFGC) shares his thoughts on the gold market and weighs in on the company's phased approach to bringing its Newfoundland-based Hammerdown and Queensway gold assets online. "I think we're in that consolidation phase before the next leg up, and everything points to the direction that there's a next leg up," he said during the interview. Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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