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- Weekly Metals Mining Rundown with Peer Table - Premium Edition for Week Ending 31 Oct 2025
Weekly Metals Mining Rundown with Peer Table - Premium Edition for Week Ending 31 Oct 2025
Uranium was front and center this week as the Trump Administration continued its new socialist approach towards building mines and nuclear reactors in North America with an announced US$80b comittment towards nuclear sector; This concided with a +7.7% week-over-week increase to the uranium price to $82.4/lb U3O8 and a +7% increase to lithium price to $11,328/t Li carb, while silver price flatlined/found support above $48/oz and gold continued falling by -3% to under $4,000/oz; Large cap U stocks led among metals miners, while most producers of lithium, copper, nickel, and cobalt also gained and precious metals miners took a slight hit; Covered announcements include PEA by Scottie Resources and resource updated by Turaco Gold.
Host Rock Capital
November 01, 2025
This past week’s top & bottom metal price and mining company peer group movers include:
31 Oct 2025
This past week’s top 40 performing metals mining stocks (out of Peer Table’s 499) 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):
30 Oct 2025 - Gold explorer Turaco Gold (ASX:TCG) announced an updated mineral resource estimate for its flagship Afema project in Cote d’Ivoire, which grew ounces by 14% to 4.06Moz - and at a higher grade of 1.2 g/t Au. And this excludes 11,000m of drilling recently completed to be incorpprated in another update Q1/26 which will form basis for PFS due Q2/26. TCG stock rose +3.4% intraday on 30 Oct after this news, before finishing the week (ending 31 Oct) +2.2% (vs. group median flat +0%) to 47c/sh, market cap A$489m, and market cap/oz of US$79/oz Au - in-line with our our 94-company gold explorer peer group mean $79/oz AuEq (and above median $49/oz) - sounds cheap given its large size and near-development stage.
31 Oct 2025
28 Oct 2025 - Former gold explorer - now gold developer - Scottie Resources Corp. (TSXV:SCOT) announced PEA results for its 100%-owned past-producing Scottie gold mine project in BC, which contemplated XRF ore sorting (after small-scale ore sorting test results were announced 1 April 2025) and Direct Shipping of Ore (DSO) from the Stewart bulk shipping facility 40km from the from the mine to be shipped overseas according to negotiated terms in an existing offtake agreement (announced 7 July 2025). Post-tax NPV5 was C$216m at US$2,600/oz from initial capex of C$129m, with NPV increasing to C$668m at US$4,200/oz Au. And these NPVs rise by ~50% in an alternative scenario that relies on nearby toll milling INSTEAD of Direct Shipping of Ore (for which there is no agreement), providing some optionality. SCOT stock traded flat/down -1.2% on 28 Oct after this news (a hair below 94-company explorer mean +1.2%), before closing the week (ending 31 Oct) at C$1.67/sh, market cap C$108m, and P/NAV 0.50x - in line with 71-company gold developer median 0.50x and 37% discount to mean 0.79x - at our reference gold price US$2,000/oz. Feasility study next - expected H1/27.
31 Oct 2025
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.
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