Price: $9.88, Change: $+0.47, Percent Change: +4.99%
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Mining & Metals
Surge Energy Increasing 2026 Production Guidance; Expanding Second Half 2026 Drilling and Waterflood Capital Program
Surge Energy Increasing 2026 Production Guidance; Expanding Second Half 2026 Drilling and Waterflood Capital Program
$SGY.TO
Mining & Metals
Update: Silver Bull Resources' Plunges As Arbitration Case Against Mexico Dismissed
Silver Bull Resources' (SVB.TO) has plunged 87.6% after the company said Monday its arbitration case against Mexico was dismissed, due to a lack of jurisdiction and/or for being time-barred.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 are down $0.70 to $0.115 on the Toronto Stock Exchange.Price: $0.11, Change: $-0.70, Percent Change: -86.42%
$SVB.TO
Mining & Metals
CN Rail Reporting May Grain Movement; Shares Jump To a Fresh 52-Week High
Canadian National Railway (CNR.TO, CNI) in May moved over 2.96 million tonnes (MMT) of grain from Western Canada, surpassing the previous monthly record of 2.54 MMT set in May 2025 and establishing another new monthly record for grain movement, the company said Monday, as its shares rose to a 52-week high."The achievement continues a strong crop year performance trend for CN, driven by sustained export demand, ample grain supply and efficient operations across its network. CN continues to move high volumes through its Canadian export corridors. The company's strong network performance has enabled it to meet customer demand while maintaining fluidity across the supply chain," it added.As the growing season gets underway across Western Canada, CN remains focused on delivering "consistent and reliable" service to support producers, grain companies and supply chain partners, the rail company said. Through ongoing collaboration with customers and partners, CN is positioning its network to support current shipping needs and maintain strong performance into this next crop year, it added.CNR shares were at last look up $2.71 to $165.96 on the Toronto Stock Exchange, surpassing the previous 52-week high of $165.45.Price: $166.00, Change: $+2.75, Percent Change: +1.68%
$CNR.TO