Daily Metals Mining Rundown for 16 Dec 2025 (after-market ASX)

PGM prices continued rising thru TSX trading yesterday and ASX trading today, with palladium continuing to rise faster than platinum, all of which helped PGM mining stocks stand out among miners over the last trading session - while most mining stocks generally fell 1-2% alongside gold and silver metal prices; Covered announcements include LiFT Power's acquisition of Winsome Resources along with neighboring project in Quebec.

Author

Host Rock Capital
December 16, 2025

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

Top and bottom 40 daily performing metals mining company stocks (out of 502 in our Peer Table) through ASX trading (including yesterday’s TSX/NY movements):

Covered company announcements incorporated into today’s after-market ASX Peer Table (resource updates, economic studies, changes in attributable project ownership):

  • 15 Dec 2025 - Lithium hard rock explorer Li-FT Power (TSXV:LIFT) announced the acquisition of fellow Li hard rock explorer Winsome Resources (ASX:WR1) and its Adina project, alongside a separate announced acquisition of 75% of the Galinee project from Azimut Exploration (TSXV:AZM) - both all-stock deals and both projects in Quebec (where LIFT already holds other Li projects). Adina already hosts resources of 61.4Mt @ 1.14% Li oxide indicated and 16.5 Mt @ 1.19% Li oxide inferred, which is constrained by the neighboring Galinee property boundary. So this deal should allow LIFT to extend the Adina MRE onto the Galinee property, and a concurrent C$30m subscription receipt offering was also announced to fund drilling for this, and another C$10m private placement to fund exploration and development at LIFT’s prior flagship Yellowknife project in NWT - both led by Canaccord Genuity. Altogether with both acquisitions and financings, LIFT’s basic shares will grow by 80% to ~85.2m shares. And the deal is accretive on market cap/t LCE (even after financing) as LIFT’s mineral resources (from its former flagship Yellowknife project in NWT) will more than double to 2.88 Mt LCE (from 1.2 Mt LCE). LIFT stock (surprisingly) dropped -8% intraday 15 Dec (vs. peer group median drop of -1%) to C$4.73/sh, proforma market cap C$403m, and proforma market cap/t LCE drops ~26% to US$102/t LCE (was $138/t LCE pre-deal on Friday) - now just above group median $64/t LCE (excluding Winsome). WR1 shareholders received 68% premium to 20-day VWAP and WR1 stock closed up +8% today (15 Dec).

Disclaimer: Provided for informational and educational purposes on an “as-is” basis, and is not investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.