Stantec JV Up In US Premarket As Picked to Deliver Western Melbourne's 5-Year Water Infrastructure Program

Stantec (STN.TO, STN), in a joint venture with Jacobs, has been picked as engineering services partner for Melbourne's Greater Western Water's five-year infrastructure program, the company said on Tuesday.

The joint venture will support the planning, design and delivery of water infrastructure across Melbourne's western region, whose population is forecast to more than double by 2050, a statement said. Jacobs will provide engineering and advisory services for water and wastewater networks, treatment plants and dams. Additional services may include groundwater and surface water assessments, and development of engineering standards.

The appointment builds on Jacobs' existing role as Greater Western Water's engineering and delivery partner for the past eight years.

Stantec shares were last seen up US$0.96, to US$77.50, in U.S. pre-market trade, albeit they remain at the low end of their 52 week trading range.

Galantas Gold Net Loss Widens in Q1

Galantas Gold (GAL.V) reported a widened net loss in the first quarter, on Tuesday.For the three months ended March 31, 2026, the company reported net loss of $2.4 million compared with $1.2 million, a year earlier.Sales revenue for the quarter amounted to $Nil compared to revenue of $Nil for the quarter ended March 31, 2025, it said. The company said that until the Indiana mine reaches commercial production, the net proceeds from concentrate sales are being offset against development assets.Galantas Gold had a cash balance of $10.8 million at March 31, 2026, compared to $729,387 at March 31, 2025.Shares of the company closed down 1.1% to $0.47 on Monday on the TSX Venture Exchange.

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Dundee Provides Infill Drilling Results from Shovelnose Project in British Columbia

Dundee (DC-A.TO) reported Tuesday infill drilling results from Westhaven Gold's (WHN.V) 2026 exploration program at the Shovelnose gold-silver project in British Columbia.Results from an additional 10 drill holes from the South Zone deposit include 33.0 meters grading 14.0 grams per tonne (g/t) gold and 78 g/t silver, including 8.12 m grading 47.56 g/t gold and 229 g/t silver and 24.63 m grading 9.51 g/t gold and 44 g/t silver.Westhaven has completed 11,514 m of drilling within the South Zone deposit, representing nearly 33% of the planned mineral resource drilling program.Initial drilling is focused on completing 35,000 m of mineral resource infill drilling at the deposit for an updated mineral resource estimate that will support a preliminary feasibility study, which is targeted for completion in the second half of 2027.Dundee may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties by spending up to C$85 million on project expenditures. Under the first phase, Dundee has committed at least $30 million, inclusive of a fully funded 50,000-m drill program at Shovelnose."The initial work is enabling us to better define the margins of the mineralized system and provides an important foundation for the next stages of technical work as we advance the project through the joint venture.," President and Chief Executive Officer Jonathan Goodman said.

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Stantec JV Up In US Premarket As Picked to Deliver Western Melbourne's 5-Year Water Infrastructure Program

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