Boreal Data - A Ground Truth for Mining in Canada

February 2026 Raw Data

About This Data

This post provides a raw, monthly snapshot of key indicators for the Canadian mining sector. We track commodity prices, major producer stock prices, currency data, and sector support equities to offer a neutral, on-the-ground perspective. The data is compiled from Monday to Friday and published at the start of the following month to give a clear view of market activity over that period.

Why These Metrics?

Commodity Prices: Spot prices for gold, silver, copper, nickel, zinc, and lead reflect global supply and demand, investor sentiment, and the health of the broader economy.
Producer Stocks: We track major producers across gold and base metals to gauge the market’s valuation of key industry players.
Sector Support: We track leading equipment and industrial suppliers to provide insight into capital expenditure and the operational health of the mining sector.
Dealer Prices: Gold and silver dealer prices provide insight into the physical retail market, showing what investors are paying to hold the actual metals.
FOREX (CAD/USD): 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.

FOREX CAD / USD

February	2026	$1.00 CAD	USD
2			0.7312
3			0.7325
4			0.7316
5			0.7312
6			0.7327
9			0.7366
10			0.7383
11			0.7367
12			0.7350
13			0.7345
16			No Data
17			0.7323
18			0.7311
19			0.7301
20			0.7305
23			0.7305
24			0.7295
25			0.7307
26			0.7306
27			0.7330

Barrick, Teck, HudBay, Agnico Stock CAD

February	2026	BARRICK	TECK	HUDBAY	AGNICO
2		63.37	74.98	32.96	260.96
3		64.85	80.69	35.79	268.89
4		64.83	77.26	34.96	277.33
5		60.13	73.33	32.15	259.39
6		61.75	75.23	33.79	268.94
9		63.27	78.60	35.15	284.42
10		63.74	79.55	34.43	287.23
11		64.79	81.99	35.86	294.65
12		61.84	79.87	34.54	279.62
13		65.32	80.49	35.56	295.07
16		No Data	No Data	No Data	No Data
17		63.64	78.99	34.31	290.42
18		66.16	81.30	34.19	302.34
19		66.56	81.31	33.86	307.51
20		65.60	81.35	34.19	311.56
23		67.59	81.04	35.74	329.66
24		68.15	81.99	38.12	334.66
25		68.14	83.82	37.90	328.69
26		68.88	83.40	38.35	337.09
27		69.21	80.05	38.65	342.63

⚠️ 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

February	2026	Finning	Toromont
2		87.53	174.94
3		87.35	177.92
4		88.48	179.23
5		86.33	181.19
6		88.90	184.71
9		90.50	183.03
10		89.62	183.25
11		87.81	195.39
12		87.20	197.33
13		89.53	204.93
16		No Data	No Data
17		88.81	206.52
18		89.18	202.07
19		90.08	204.54
20		91.31	201.38
23		88.69	202.35
24		91.75	203.75
25		93.62	204.79
26		91.84	211.80
27		91.96	211.70

CAD Spot Gold Silver

February	2026	GOLD	SILVER
2		6,530.20	112.03
3		6,843.72	117.23
4		6,841.45	122.25
5		6,524.22	95.45
6		6,791.25	106.25
9		6,806.90	110.41
10		6,826.61	110.25
11		6,869.91	111.52
12		6,713.72	102.46
13		6,865.36	105.30
16		6,728.97	101.63
17		6,652.10	98.85
18		6,796.22	104.66
19		6,850.48	107.43
20		6,986.66	115.65
23		7,154.24	119.62
24		7,054.69	119.66
25		7,093.24	122.01
26		7,079.08	121.10
27		7,201.84	127.80

Base Metals

February	2026	COPPER	NICKEL	ZINC	LEAD
2		18,163.17	23,111.16	4,581.89	2,630.57
3		18,639.51	23,571.48	4,524.67	2,634.42
4		18,347.67	23,315.02	4,511.09	2,630.80
5		17,605.49	22,873.31	4,483.46	2,621.05
6		17,754.70	23,138.92	4,497.22	2,604.97
9		17,409.76	22,943.35	4,453.57	2,590.52
10		17,554.72	23,070.77	4,476.42	2,585.05
11		17,863.51	23,941.63	4,583.21	2,610.78
12		17,786.72	23,290.52	4,626.48	2,619.88
13		17,588.57	23,023.64	4,504.77	2,615.20
16		17,290.48	23,178.58	4,452.87	2,596.39
17		17,182.97	22,629.65	4,438.52	2,584.64
18		17,486.99	23,068.41	4,480.26	2,612.64
19		17,325.54	23,100.41	4,493.44	2,597.08
20		17,227.14	23,193.44	4,530.08	2,597.71
23		17,465.36	23,767.31	4,514.97	2,616.43
24		17,751.18	24,367.32	4,586.36	2,606.36
25		17,785.11	24,228.44	4,574.68	2,603.73
26		17,908.83	23,847.67	4,556.17	2,643.81
27		18,184.21	23,896.04	4,496.34	2,612.85

Dealer Prices

February	2026	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
2		6,211	6,374	6,603	6,642	101.60	111.54	119.55	120.34
3		6,498	6,669	7,011	7,045	105.59	115.91	126.94	127.41
4		6,503	6,674	7,016	7,051	110.42	121.22	132.75	133.24
5		6,193	6,356	6,682	6,714	86.43	94.88	103.90	104.29
6		6,454	6,624	6,964	6,997	95.85	105.22	115.23	115.66
9		6,466	6,636	6,977	7,011	99.25	108.96	119.32	119.76
10		6,480	6,651	6,992	7,026	99.29	109.00	119.37	119.81
11		6,526	6,698	7,041	7,076	100.49	110.31	120.81	121.25
12		6,379	6,547	6,883	6,916	92.05	101.05	110.67	111.08
13		6,521	6,693	7,036	7,071	94.84	104.12	114.02	114.44
16		6,415	6,584	6,921	6,955	93.29	102.42	112.16	112.57
17		6,323	6,490	6,823	6,856	89.47	98.22	107.56	107.96
18		6,456	6,626	6,965	6,999	94.44	103.67	113.53	113.95
19		6,506	6,677	7,019	7,053	96.95	106.43	116.55	116.98
20		6,638	6,812	7,162	7,197	104.21	114.40	125.28	125.75
23		6,798	6,977	7,334	7,370	108.45	115.68	130.38	130.86
24		6,703	6,879	7,189	7,225	107.64	114.82	129.41	128.45
25		6,741	6,918	7,230	7,266	109.64	116.95	131.81	130.83
26		6,729	6,907	7,218	7,254	109.16	116.44	131.24	130.27
27		6,832	7,011	7,328	7,364	115.13	122.80	138.41	136.49

Sources:

Bank of Canada
Investing.com
KITCO
Canada Gold – Ottawa

☕ 8pm ET. Every night.
Coffee sustains the ritual:
bmc.link/borealdata

Mining data visuals

Base Metals at a Glance: January 2026

Here is the quick rundown for base metals in January, captured weekdays at 8 p.m. ET in Canadian dollars per metric tonne.

Copper climbed from an opening of $17,200.47 to a monthly peak of $18,489.00 on the 14th, before closing at $17,993.23.

Nickel saw significant volatility, surging to a high of $25,588.26 on the 9th before dropping back to finish the month at $23,960.40.

Zinc showed a steady upward trend, hitting its high of $4,658.23 late in the month on the 29th, ultimately ending at $4,616.84.

Lead reached its peak early, topping out at $2,845.69 on the 15th, but declined in the final week to close at $2,663.26.

Get more details here.

Monthly mining insights

A Look Back at Base Metals: January 2026

Alright, let’s dig into the numbers. The first month of 2026 is in the books, and the base metals sector kept things interesting. We’ve captured the weekday spot prices—Monday through Friday at 8 p.m. ET—all in Canadian dollars per metric tonne. It’s a mixed bag out there, with some metals climbing steadily and others taking a bit of a winding path.

Copper

Copper started the month on the back foot, opening at $17,200.47 on January 2nd. It didn’t stay down for long, though. We saw a solid push as the month progressed, hitting a high of $18,489.00 on the 14th. That peak stood out, but the price cooled off slightly in the latter half of the month. By the time we closed out on January 30th, copper had settled at $17,993.23, still holding onto most of those gains despite the late retreat.

Nickel

If you like volatility, nickel was the metal to watch this January. It kicked off at $22,633.47 and wasted no time making a move upward. The metal surged mid-month, peaking at $25,588.26 on the 9th. That wasn’t the end of the drama, though; prices pulled back significantly around the 16th, dropping to $23,905.60. It tried to mount a comeback in the following weeks, hovering in the mid-$24,000 range, but ultimately ended January at $23,960.40.

Zinc

Zinc showed a bit more discipline, trending upward for most of the month. Beginning at $4,231.28, the price gradually gained ground. There were the usual daily fluctuations, of course, but the trajectory was clearly positive. The momentum paid off by month’s end, with zinc reaching its pinnacle of $4,658.23 on the 29th. It slipped just a touch on the final day to $4,616.84, but that’s still a strong finish compared to where it started.

Lead

Lead was a bit of a grind. It opened at $2,689.12 and spent the first half of January slowly climbing the ladder. It hit its stride mid-month, topping out at $2,845.69 on the 15th. However, that high water mark proved elusive as the calendar turned toward February. The price drifted lower in the final week, erasing those gains to close at $2,663.26 on the 30th.

The Raw Data

That’s the snapshot for January’s base metals. It’s always fascinating to see how these markets move day-to-day. If you want to get into the weeds and see the exact figures for every single trading day, make sure to check out the full raw data post for January.