GOLD$3,287+0.9%
SILVER$32.44+1.2%
GDX$42.18+0.7%
NEM$45.82+1.3%
GOLD$19.34-0.4%
WPMC$82.30+2.1%
NST.AXA$17.45+3.2%
PAASC$34.20+0.8%
AG$8.90-0.6%
KGC$12.67+0.3%
GOLD$3,287+0.9%
SILVER$32.44+1.2%
GDX$42.18+0.7%
NEM$45.82+1.3%
GOLD$19.34-0.4%
WPMC$82.30+2.1%
NST.AXA$17.45+3.2%
PAASC$34.20+0.8%
AG$8.90-0.6%
KGC$12.67+0.3%
JK
My Watchlist — 10 companies + Add company
Company Price 1D 7D Activity New Items Mood Next Catalyst Last Intel
NEMNewmont CorporationNYSE
$45.82
+1.3% +4.1%
87
+11 Bullish Q2 Earnings Jul 24 2h ago
NST.AXNorthern Star ResourcesASX
A$17.45
+3.2% +7.8%
91
+14 Bullish Drill Results ~Jun 15 1h ago
WPMWheaton Precious MetalsTSX
C$82.30
+2.1% +5.3%
77
+7 Bullish Q2 Earnings Aug 6 4h ago
GOLDBarrick Gold CorpNYSE
$19.34
-0.4% -1.2%
72
+8 Neutral Resource Update Q3 6h ago
PAASPan American SilverTSX
C$34.20
+0.8% +2.3%
56
+5 Bullish Drill Results Jun 20 Yesterday
AGFirst Majestic SilverNYSE
$8.90
-0.6% +1.1%
62
+6 Neutral Q2 Earnings Jul 30 Yesterday
AGIAlamos GoldTSX
C$28.80
+0.3% +0.9%
45
+3 Neutral 2 days ago
KGCKinross Gold CorpNYSE
$12.67
+0.3% -0.7%
38
+2 Bearish 3 days ago
EXKEndeavour SilverNYSE
$5.34
0.0% -2.1%
29
0 Bearish 4 days ago
SVMSilvercorp MetalsNYSE
$5.12
+0.6% +1.4%
22
0 Neutral 5 days ago
Discover — New to your profile View all →
EVN.AX
Evolution Mining — ASX
High drill result activity this month. 3 analysts covering. Fits your mid-cap ASX profile.
Activity Score 84 — trending up ↑
MAG
MAG Silver Corp — TSX
Don Durrett covered this twice in May. Strong Reddit commentary. New resource estimate pending.
Mentioned by 2 sources you follow
DPM.TO
Dundee Precious Metals — TSX
Insider buying detected. Low coverage relative to recent production beats. Under the radar.
Insider purchase $1.2M — Jun 1
NEM
Newmont Corporation
NYSE Large Cap Gold Producer Nevada · Australia · Ghana
Activity Score: 87 — High activity last 30 days
$45.82
+$0.59 (+1.3%) today
52W: $31.20 – $48.90
Investor Mood: Bullish
30-Second Summary · Updated 2h ago
Q1 2025 production met guidance at 1.58M oz. Nevada complex drill results show high-grade extensions at Leeville (+22% above model). Cost structure remains under pressure — AISC guidance held at $1,400–$1,500/oz but analysts are split on whether management can deliver. Activist commentary building through May. Market largely bullish on gold price leverage; the bear case is operational execution. Next hard data point: Q2 production report July 24.
Top Reports This Week
1
Nevada Complex High-Grade Extension — Official Drill Results
ASX / EDGAR filing · May 28, 2025 · Official
2
"Newmont: Finally Turning a Corner?" — Don Durrett Podcast Ep. 412
Don Durrett · YouTube · May 25, 2025 · Opinion
3
Newmont's Cost Problem: A Deep Dive — The Assay
The Assay · Newsletter · May 22, 2025 · Opinion
30 Days
60 Days
90 Days
All
Official SEC EDGAR · Press Release May 28, 2025
Nevada Complex Drill Results: High-Grade Extension Confirmed at Leeville
Intercepts include 8.2m at 22.4 g/t Au from 1,140m depth. Extension zone now modelled at 380m strike length, up from 160m in prior resource. Management indicates potential for +15% resource upgrade in H2 2025 estimate. Full technical report to follow within 45 days.
Opinion Don Durrett · YouTube / Podcast May 25, 2025
"Newmont: Finally Turning a Corner?" — Durrett Podcast Ep. 412
Durrett covers the Nevada drill result in detail, argues the cost narrative has been overblown, and suggests NEM is one of two large-cap gold names he'd hold through 2025. Notes the insider purchase in April as a bullish signal. Caution on Ahafo North construction timeline.
Official SEC EDGAR · 10-Q Filing May 15, 2025
Q1 2025 10-Q — Production 1.58M oz, AISC $1,447/oz, FCF $284M
Revenue $4.0B (+18% YoY). Net income $528M. AISC came in at high end of guidance. Newmont reaffirmed full-year production guidance of 6.0–6.2M oz. Balance sheet: $3.1B cash, net debt $5.4B. No change to dividend.
Opinion The Assay · Newsletter May 22, 2025
Newmont's Cost Problem: A Deep Dive
Systematic breakdown of NEM's AISC by asset. Argues Ahafo and Boddington are structurally more expensive than peers. Contrarian view on Nevada drill result — "grade doesn't solve a cost culture." Bearish on NEM relative to royalty names like WPM.
Official SEC EDGAR · Form 4 Insider Filing Apr 30, 2025
Director Tom Palmer Purchases 45,000 Shares — $2.1M
Open market purchase at average $46.40/share. Largest insider buy by a single NEM director in 18 months. Form 4 filed within 2 business days per SEC requirements.
Opinion Reddit · r/WallStreetSilver May 20, 2025
"NEM at these levels is a gift — here's why I'm adding"
Post with 847 upvotes. Author lays out the leverage argument — $3,300 gold with NEM costs held = $600+/oz margin, up from $350 in 2023. Drill result adds upside optionality. Replies are roughly 70% bullish, 30% citing cost concerns. "Wait for $43" is the dominant bear call.
Intelligence Feed
All items across your watchlist — newest first
50 items · last 7 days
Official NST.AX ASX Announcement Jun 3, 2025 · 9:42am AEST
Northern Star Drill Results: Thunderbox Extension — 14.2m @ 8.9 g/t Au
High-grade intercepts in the Thunderbox Underground Extension confirm the hanging wall lode extends a further 200m to the east. Resource update scheduled for Q3 2025. This is the highest-grade result from this zone in 18 months.
Opinion NEM Don Durrett · YouTube Jun 2, 2025
"Gold Majors vs Royalties — Where I'd Put $100k Today"
Durrett walks through his current allocation model. NEM makes the cut for gold leverage, WPM for quality. AG is flagged as a speculative position only — "execution risk is real." Full transcript indexed.
Official WPM TSX · Press Release Jun 2, 2025
Wheaton Announces New Streaming Agreement — Salobo IV Expansion, $500M
New stream on Vale's Salobo IV copper expansion. Wheaton to receive 75% of gold by-product for upfront payment of $500M. Transaction expected to add ~35,000 oz/yr to production profile by 2027.
Opinion PAAS 321Gold · Newsletter Jun 1, 2025
Pan American Silver: La Colorada Skarn Is the Real Story
321Gold argues the market is still pricing PAAS on its legacy assets and not giving credit for the La Colorada skarn — potentially a Tier 1 silver deposit. Drill results expected June 20 are called "the catalyst everyone's sleeping on."
Official NEM SEC EDGAR · Form 4 May 30, 2025
Newmont — Director Buys Additional 12,500 Shares at $44.20
Second insider purchase this quarter. Director Randy Engel now holds 78,400 shares following open market purchase totalling $552,500.
Opinion KGC Reddit · r/SilverSqueeze May 30, 2025
"Kinross is the weakest large-cap right now — here's the data"
Post with 312 upvotes. Author compares KGC's AISC trajectory unfavourably vs NEM and GOLD. Paracatu cost blowout cited as a red flag. "I sold my position this week." Replies are split — some see it as already priced in.
Trending Themes
What investors are talking about across all 860+ companies — ranked by volume and momentum
Synthesised from 2,847 items across 38 sources
# Theme 7-Day Mentions vs Prior Week Tone Top Companies Discussed Top Quote
🔥
High-grade drill results
Exploration · Resource growth
312 +128% ↑ Bullish
NEM NST.AX MAG EVN.AX
"Drill Results: The #1 game changer. Nothing else matters until you see the intercepts."
2
Gold:Silver ratio at 101
Macro · Valuation
247 +84% ↑ Bullish on silver
PAAS AG EXK WPM
"Silver miners offer the best leverage to any ratio reversion. 101 is historically extreme."
3
AISC cost pressure
Operations · Margins
198 +22% ↑ Mixed
NEM GOLD KGC
"$3,300 gold means nothing if your AISC is $1,500 and climbing."
4
Central bank gold buying
Macro · Demand
184 +3% → Bullish
Sector-wide
"Central banks bought 1,136 tonnes in 2024. The bid under gold is structural, not speculative."
5
La Colorada skarn (PAAS)
Company-specific · Exploration
143 +310% ↑ NEW Bullish
PAAS
"The catalyst everyone is sleeping on. Drill results June 20. This could be Tier 1."
6
Junior financing window opening
Capital markets · Juniors
118 +67% ↑ Bullish
TSX-V ASX juniors
"Gold above $3,000 opens the capital markets. Juniors with drill-ready projects will move fast."
7
Royalty companies vs producers
Strategy · Allocation
97 +8% → Mixed
WPM NEM FNV
"WPM or NEM? At these gold prices I'd rather own the royalty stream and avoid the operator risk."
8
Silver deficit narrative
Macro · Supply/Demand
89 +4% → Bullish
Sector-wide
"4th consecutive year of structural deficit. Industrial demand from solar/EVs is the floor."
9
Ghana / West Africa political risk
Geopolitical · Risk
74 -31% ↓ cooling Bearish concern
NEM GOLD EDV
"Ahafo North permitting still unclear. Operators with Ghana exposure are pricing in the risk."
10
Insider buying as a signal
Company health · Conviction
61 +45% ↑ Bullish
NEM DPM.TO WPM
"Three insider buys this week. Directors don't spend $2M of their own money for no reason."
Macro View
Precious metals backdrop, miner leverage, and the macro threads moving watchlist names
Dummy macro tape · 14 instruments · refreshed 12 min ago
Gold spot
$3,287 · +0.9% today
Gold is holding above the psychological $3,250 level. Producer margins expand fastest where AISC is controlled.
Watch: NEM, NST.AX, WPM
Silver spot
$32.44 · +1.2% today
Gold:silver ratio still above 100. Silver names are catching speculative bid but remain more volatile.
Watch: PAAS, AG, EXK
Rates / USD
DXY 101.2 · 10Y 4.28%
Dollar softness is helping metals. Rate pressure is not gone, but miners are trading like real rates have peaked.
Macro mood: risk-on
Macro Instruments Export macro snapshot
Instrument Level 1D 7D Signal Watchlist Impact
GOLDSpot gold
$3,287
+0.9%+3.8%BullishMargin expansion for low-cost producers
SILVERSpot silver
$32.44
+1.2%+5.6%BullishTorque bid for PAAS / AG / EXK
GSRGold:silver ratio
101.4
-0.3%-2.1%Silver setupRatio reversion thesis building
GDXSenior miners ETF
$42.18
+0.7%+4.2%Risk-onLarge cap miners confirming gold move
GDXJJunior miners ETF
$51.08
+1.8%+7.4%High betaFinancing window may reopen for juniors
DXYUS dollar index
101.2
-0.5%-1.1%Metals tailwindSupports gold/silver bid