Mining stocks captured a record 60% of the 2026 TSX30, with 18 miners on the list and Montage Gold delivering a 2,502% three-year dividend-adjusted share-price gain. Critical mineral names joined the traditional gold and silver leaders, with Faraday Copper up 688%, Aclara Resources 587% and Trilogy Metals 570%, signalling stronger market pricing of copper and rare earth exposure. Eleven of the 18 mining entrants are TSX Venture graduates, reinforcing Canada’s junior-to-main-board funding pathway for projects moving from exploration towards development.

Gold, silver and mining equities have staged a strong rally, but The Technical Traders CEO and chief market strategist Chris Vermeulen warns longer-term charts still show lower highs and lower lows, signalling an intact downtrend. He argues recent inflows into miners look like herd behaviour and expects a pullback, stressing the opportunity cost of holding stagnant precious metals when alternative assets could yield around 10% annually over several years. Bond-market fear and focus on rising yields are driving investors towards gold as a perceived refuge from the US dollar, but Vermeulen remains cautious on timing entry.

Agnico Eagle Mines is selling its Delta polymetallic sulphide and Helm Bay gold projects in southeast Alaska to Vizsla Copper for $32 million in shares, giving Agnico 19.9% of Vizsla on closing and 22% after a 18 November shareholder vote. Delta carries a 2006 historical inferred resource of 15.4 million tonnes grading 0.6% Cu, 1.6% Pb, 3.8% Zn, 62 g/t Ag and 1.7 g/t Au over 161 sq. km, while Helm Bay spans 675 claims with 10 km of quartz veins and historical underground samples averaging about 11 g/t Au. Agnico retains 2–3% NSR royalties plus up to $20 million in copper-equivalent and development milestones, while Vizsla avoids upfront cash but accepts equity dilution and future contingent payments.