Daily Metals Mining Rundown for 10 Apr 2026 (intraday TSX)

The copper price gained +1.9% to $5.86/lb over the past ~24 hours thru ASX and most of North American trading which helped most copper producer mining stocks rise by +1.7% or more, while palladium and platinum prices slipped by just over 2%; Covered announcements include the acquisition of G2 Goldfields by G Mining Ventures to create a synergistic Tier-1 gold project in Guyana (South America).

Today’s metal price movements (over past ~24hrs) and mining company peer group movements intraday TSX/NY (including earlier ASX movements):

Top and bottom 40 daily performing metals mining company stocks (out of 511 in our Peer Table) intraday TSX/NY (including earlier ASX movements):

Mining company announcements incorporated into today’s intraday TSX Peer Table (resource updates, economic studies, changes in attributable project ownership):

  • Intermediate gold producer G Mining Ventures (TSX:GMIN) announced yesterday (9 Apr) the acquisition of G2 Goldfields (TSX:GTWO), which just recently graduated to our gold developer group from gold explorer group with its announced maiden PEA for its flagship Oko-Ghanie project in Guyana (South America) on 18 December 2025 (see our note here: https://www.linkedin.com/posts/host-rock-capital_former-gold-explorer-now-gold-developer-activity-7408987704996028416-dUbg?utm_source=share&utm_medium=member_desktop&rcm=ACoAAASz71EBbrYwPSM9hdNBUl8LOGwqAKzEjho

    ), which had yielded a post-tax NPV5 of US$2.6b at gold price $3,000/oz from initial capital of only $664m which covered a 3.6 mtpa process plant. And this Oko-Ghanie project by G2 is IMMEDIATELY adjacent to GMIN’s Oko West project, which yielded its own post-tax NPV5 of US$2.2b at gold price $2,500/oz from development capital of $972m covering a 6.0 mtpa process plant. But now, both process plants can be combined into a single, HUGE one – which should unlock MASSIVE synergies for the combined company. G2 shareholders will receive 0.212 shares GMIN per share GTWO in this all-stock deal, resulting in GMIN and GTWO shareholders owning a reported ~80.1% and 19.9% of the combined company. GTWO stock NEARLY DOUBLED on this news, to C$10.75/sh (10 Apr, intraday), market cap C$2.78b, and market cap/oz resource US$569/oz (GMIN paid just over half of this for GTWO). GMIN stock traded roughly flat on this news at C$49.35/sh (10 Apr, intraday) – and its basic shares outstanding will rise by ~25% to ~297 million shares, to grow its resources by ~34% to ~13.9 Moz (after adding GTWO’s 3.5Moz) according to our tally – for a proforma market cap of C$14.7b, and proforma market cap/oz resource US$764/oz Au – just above the upper-quartile-range (75-percentile) of our intermediate gold producer group (and just above median of senior gold producer group’s $649/oz) – given GMIN’s strong cash position of US$288m and given its strong free-cash-flow from its producing Tocantinzinho mine in Brazil, which can now be used to help develop GMIN’s newly enlarged Tier-1 Oko project in neighboring country Guyana (making GMIN an excellent take-out target for a senior gold producer looking to expand into this region).

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