Price: $165.57, Change: $+2.32, Percent Change: +1.42%
Related Articles
Mining & Metals
Total Energy Services Announces Quarterly Dividend
Total Energy Services' (TOT.TO) board of directors declared a quarterly dividend of $0.12 per share for the quarter ending June 306 on Total Energy's outstanding common shares, the company said on Monday.The dividend is payable on July 15 to shareholders of record at the close of business on June 30.Price: $25.20, Change: $+0.80, Percent Change: +3.28%
$TOT.TO
Mining & Metals
Silver Bull Resources' Arbitration Case Against Mexico Dismissed
Silver Bull Resources' (SVB.TO) arbitration case against Mexico has been dismissed, due to a lack of jurisdiction and/or for being time-barred, the company said on Monday.Silver Bull has been ordered to pay part of Mexico's legal costs totaling US$998,000.The dispute arose from Mexico's "actions and omissions" regarding the blockade of Silver Bull's Sierra Mojada Project, which began September 2019, and remains ongoing. The company began arbitration proceedings in 2023 against Mexico under the United States-Mexico-Canada Agreement (USMCA) and the North American Free Trade Agreement (NAFTA).Silver Bull is analyzing the tribunal's decision with its legal advisers to evaluate its options, including an application to annul the award, which must be filed within 120 days.The company is also also evaluating other options and projects, including the possibility of restarting the Sierra Mojada Project, which is its sole asset."In the company's view, the tribunal chose to apply a tight and narrow interpretation of the expiry of NAFTA and the related time-bar provisions, notwithstanding that the blockade commenced in September 2019 while NAFTA was in full force and effect and that the company submitted its claims against Mexico before the expiry of the three-year NAFTA legacy-claim period under the USMCA transition regime," chief executive Tim Barry said.Silver Bull shares last traded on May 29, closing at $0.81 per share.
$SVB.TO
Mining & Metals
Quimbaya Gold Up 5.6% After Commencement of Drilling at Tahami Center Porphyry System
Quimbaya Gold (QIM.CN) share rose 5.6% on Monday after the company said it started drill testing at the Tahami Center copper, molybdenum and gold (Cu-Mo-Au) porphyry system in Colombia.Drill testing of the Tahami Center Cu-Mo-Au porphyry system started in late May. A confirmed 2.4 by 1.3 kilometer Cu-Mo-Au porphyry corridor, trending northwest-southeast, now enters drill testing.The company said four independent methods had converged on the same target, de-risking the program before the first hole was collared. The minimum 5,000-meter diamond drill program is structured across Robusta, Bourbon, and Arabic targets.Shares of the company were last seen up $0.0175 to $0.33 on the Canadian Securities Exchange.Price: $0.33, Change: $+0.02, Percent Change: +5.60%
$QIM.CN