This post provides a raw, monthly snapshot of pressures facing the Canadian mining sector. We track the market performance of key mining producers alongside equities in critical supply sectors—steel, energy, and power generation—to offer a neutral, ground-level view of industry dynamics. The data is compiled from Monday to Friday and published at the start of the following month.
Why These Metrics?
Input Sector Equities: Values serve as a market-based indicators for steel, fuel, and electricity costs critical to mining operations.
Sector Support: Equipment & industrial suppliers provide insight into capital expenditure and the operational health of the mining sector.
Producer Equities: The stock performance of major miners shows market valuation against these underlying input sector pressures.
Commodity Markets: Spot prices for metals reflect global demand and the revenue potential for mining operations.
Macro-Financial: The exchange rate between the Canadian and U.S. dollar is critical, as it directly impacts the revenue of Canadian mining companies, which typically sell their products in USD.
Macro-Financial
May
$1CAD in USD
1
0.7366
4
0.7347
5
0.7344
6
0.7339
7
0.7334
8
0.7307
11
0.7317
12
0.7294
13
0.7298
14
0.7286
15
0.7272
18
No Data
19
0.7269
20
0.7272
21
0.7255
22
0.7242
25
0.7244
26
0.7240
27
0.7230
28
0.7242
29
0.7247
Input Sector Equities
May
Algoma
Suncor
TransAlta
1
6.56
91.83
16.94
4
6.42
93.30
17.15
5
6.59
95.05
17.20
6
6.95
87.91
17.45
7
7.10
87.05
17.45
8
7.04
87.58
17.49
11
7.04
89.08
17.48
12
6.86
91.15
17.26
13
6.86
90.60
17.46
14
7.05
91.69
17.78
15
7.18
93.99
17.63
18
No Data
No Data
No Data
19
7.13
95.81
17.70
20
6.79
93.30
17.85
21
6.51
93.36
18.55
22
6.53
93.02
18.74
25
6.70
90.27
18.86
26
6.86
90.56
19.51
27
7.37
88.50
19.14
28
7.68
87.26
19.36
29
7.78
86.17
19.65
Mining Producer Equities
May
BARRICK
TECK
HUDBAY
AGNICO
1
52.75
79.04
31.02
249.67
4
52.17
76.94
29.64
244.74
5
52.76
79.07
30.47
243.20
6
56.75
84.44
32.78
259.22
7
57.20
83.11
32.64
256.56
8
59.05
88.75
34.27
264.48
11
64.40
89.23
34.89
269.48
12
62.82
90.37
37.19
270.23
13
61.50
91.80
38.07
268.50
14
59.25
89.92
37.43
264.27
15
55.82
84.36
34.35
247.83
18
No Data
No Data
No Data
No Data
19
54.28
81.50
32.89
238.35
20
56.23
84.06
33.65
244.83
21
56.88
86.90
34.06
244.94
22
56.21
86.55
33.68
242.94
25
58.57
90.84
36.69
254.03
26
58.06
90.02
36.64
249.60
27
57.08
90.40
36.79
242.09
28
57.55
91.30
38.91
245.50
29
58.90
91.19
40.31
253.48
⚠️ Barrick, Teck, HudBay, Agnico Stock in CAD The above reflects the Toronto Stock Exchange’s closing prices. It is not a pure gold, silver or base metal price indicator (influenced by market). It is not financial advice—only raw data for your independent research. For physical gold/silver & base metal prices, refer to spot and dealer data below.
Sector Support Equities
May
Finning
Toromont
1
99.40
217.38
4
98.88
217.80
5
97.68
217.44
6
100.71
222.67
7
97.75
217.29
8
97.47
217.30
11
97.58
216.24
12
96.57
219.00
13
104.97
222.73
14
103.17
225.53
15
102.24
223.89
18
No Data
No Data
19
95.80
219.92
20
95.45
214.79
21
96.41
214.55
22
100.90
222.66
25
103.45
225.57
26
103.04
223.87
27
104.25
225.98
28
105.38
226.83
29
104.13
227.39
Commodity Markets
May
GOLD
SILVER
1
6,269.38
102.22
4
6,155.51
98.82
5
6,249.65
100.38
6
6,407.16
105.55
7
6,426.00
108.05
8
6,448.11
109.73
11
6,521.70
119.02
12
6,461.98
119.28
13
6,436.77
120.09
14
6,381.31
114.28
15
6,242.08
104.29
18
6,293.19
107.89
19
6,171.67
101.82
20
6,250.38
104.26
21
6,246.94
105.39
22
6,231.42
104.20
25
6,296.54
107.12
26
6,240.00
106.64
27
6,157.15
103.01
28
6,196.34
104.21
29
6,262.63
103.70
May
COPPER
NICKEL
ZINC
LEAD
1
17,572.15
26,130.31
4,543.19
2,641.34
4
17,421.71
26,195.69
4,554.56
2,642.96
5
17,682.46
26,369.04
4,591.17
2,676.59
6
18,058.77
25,940.03
4,646.34
2,692.66
7
18,194.52
25,632.70
4,631.94
2,710.99
8
18,353.29
25,934.48
4,692.07
2,707.85
11
18,663.82
26,042.70
4,669.82
2,703.92
12
18,778.57
25,658.72
4,760.22
2,726.42
13
19,121.25
25,943.70
4,809.04
2,765.87
14
19,165.51
25,898.67
4,837.35
2,761.77
15
18,761.50
25,504.88
4,855.01
2,742.05
18
18,598.71
25,192.72
4,852.23
2,740.51
19
18,438.53
25,437.04
4,835.88
2,715.39
20
18,484.39
25,662.52
4,855.22
2,720.40
21
18,378.41
25,654.39
4,820.43
2,739.32
22
18,610.38
25,694.14
4,863.32
2,761.63
25
18,592.87
25,669.97
4,858.75
2,759.03
26
18,689.04
25,251.78
4,899.07
2,777.75
27
18,719.62
25,802.48
4,875.47
2,775.73
28
18,453.05
25,856.97
4,801.53
2,755.39
29
18,821.00
25,970.63
4,890.66
2,775.31
Physical Markets
May
G – 1 oz bar Dealer Buys
G – 1 oz coin Dealer Buys
G – 1 oz bar Dealer Sells
G – 1 oz coin Dealer Sells
S – 1 oz bar Dealer Buys
S – 1 oz coin Dealer Buys
S – 1 oz bar Dealer Sells
S – 1 oz coin Dealer Sells
1
5,954
6,111
6,387
6,418
92.17
98.31
110.81
109.27
4
5,851
6,005
6,276
6,307
89.08
95.02
107.10
105.61
5
5,932
6,088
6,363
6,394
90.47
96.50
108.76
107.25
6
6,082
6,242
6,524
6,556
95.23
101.58
114.49
112.90
7
6,095
6,256
6,538
6,570
97.28
103.77
116.95
115.33
8
6,126
6,287
6,571
6,603
98.89
105.48
118.89
117.24
11
6,191
6,354
6,641
6,673
107.24
114.39
128.93
127.14
12
6,141
6,302
6,587
6,619
107.43
114.60
129.16
127.37
13
6,113
6,274
6,557
6,589
108.09
115.30
129.95
128.15
14
6,064
6,224
6,504
6,536
103.19
110.07
124.06
122.34
15
5,934
6,090
6,365
6,396
94.03
100.30
113.05
111.48
18
5,983
6,140
6,417
6,449
97.26
103.75
116.93
115.31
19
5,875
6,030
6,302
6,333
92.04
98.18
110.66
109.12
20
5,936
6,092
6,367
6,398
93.85
100.11
112.83
111.27
21
5,928
6,084
6,358
6,389
95.01
101.35
114.23
112.64
22
5,919
6,074
6,349
6,380
93.99
100.25
112.99
111.43
25
5,985
6,143
6,420
6,451
96.50
102.93
116.01
114.40
26
5,932
6,088
6,362
6,394
96.13
102.54
115.57
113.97
27
5,847
6,001
6,272
6,302
92.68
98.86
111.42
109.88
28
5,875
6,030
6,302
6,333
93.86
100.12
112.84
111.28
29
5,954
6,111
6,386
6,418
93.52
99.75
112.43
110.87
Sources:
Bank of Canada Investing.com KITCO Canada Gold – Ottawa
