ECU:CC - Top 5 Canadian Mining Stocks This Week: Group Eleven Surges 69 Percent on Assay Results

2025-05-09 17:00:00 ET

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX , TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

The US Federal Open Market Committee met on Tuesday (May 6) and Wednesday (May 7) for the third time in 2025. Ultimately, the committee decided to maintain its benchmark rate at the 4.25 to 4.5 percent range that was last set in November 2024.

Federal Reserve Chair Jerome Powell cited balance in the central bank’s dual mandate of price stability and maximum employment but noted that Trump administration tariffs were more aggressive than anticipated. This was a prime factor in the decision to hold the rate as the committee opted to wait for more data on how the tariffs could affect inflation and employment.

For further details see: