Sprott Active Metals & Miners ETF·Financial Services
Market Peers
Key Takeaways While energy investments of all kinds have struggled amid conflict in the Middle East, uranium might offer a compelling long-term opportunity. Sprott Asset Management CEO John Ciampaglia noted that uranium's fundamentals remain sound, and that it remains far harder to substitute or replace than other metals investors tend to allocate towards.
Silver is entering its sixth consecutive year of a structural supply deficit, as global production fails to keep pace with the massive demand required for the clean energy transition and AI infrastructure.
Toronto, Ontario--(Newsfile Corp. - March 23, 2026) - Metalite Resources Inc. (CSE: METL) (OTC Pink: JNCCF) (FSE: D680) ("Metalite" or the "Company") is pleased to announce that it has entered into a non-binding letter of intent with Cachee Gold Mines Corp. ("Cachee") dated March 23, 2026, (the "LOI") to acquire all of the issued and outstanding shares (the "Proposed Transaction") of Cachee's wholly-owned subsidiary, Launay Gold Corp. ("Launay"), which owns a 100% interest in a large Abitibi-based gold property (the "Launay Gold Property"). About Launay Gold Property: Launay Gold Property is comprised of 352 claims covering approximately 17,000 hectares, located in the townships of Launay, Privat, Manneville, and Poulaires, Québec.
A new commodity supercycle is taking shape in the early innings of 2026. According to a recent Sprott report, Why Critical Materials Are Leading the New Commodity Cycle, a structural shift that emphasizes deglobalization, energy security, and fiscal dominance is driving the current critical minerals market.
Since its launch in September 2025, the Sprott Active Metals & Miners ETF has significantly outperformed the broader "Natural Resources" category, posting a cumulative return of over 50%. While gold dominated 2024–2025, METL has differentiated itself by becoming overweight in Copper and Uranium. The fund serves as a strategic hedge against geopolitical risks and will benefit from metal prices staying higher for longer.
Despite falling below $5,000 recently, it could be an opportune time to strike and purchase the dip in gold prices. Fundamental demand drivers could continue to push the precious metal higher through the rest of the year.