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Westhaven Gold Says Dundee-Funded Airborne Surveys Have Begun at Shovelnose Property

Westhaven Gold (WHN.V) on Wednesday said that airborne geophysical surveys have begun at its Shovelnose Gold and Silver property in southern British Columbia.These surveys are being funded under a strategic earn-in agreement with Dundee (DC-A.TO) who may earn up to a 60% interest in Westhaven's four Spences Bridge Gold Belt properties by funding up to $85 million in staged project expenditures. Dundee has committed at least $30 million for the first phase, which includes of the geophysical surveys announced today and a 50,000m drill program and pre-feasibility work presently underway, a statement said.The airborne geophysical surveys will collect 3,800-line km of data over mineral claims that were acquired by Westhaven in 2024. New survey data will be integrated with earlier survey information, as well as results from property wide geochemical sampling programs completed over the last three years.Data collection is expected to be completed by the end of May, with final data processing and reporting to follow by mid-summer, in time to help guide exploration drilling later this year, Westhaven said.Westhaven shares edged down $0.01, to $0.31 on Tuesday, on the TSX Venture Exchange, while Dundee shares closed down $0.11, to $4.24 on the Toronto Stock Exchange.

$DC-A.TO$WHN.V

Mining & Metals47d ago

AtkinsRealis Signs 20-Year Agreement for Engineering Services With First American Nuclear

AtkinsRealis Group (ATRL.TO) signed a Strategic Alliance agreement with First American Nuclear (FANCO) whereby the company will act as the exclusive engineering, procurement, and construction management (EPCM) provider for EAGL-1 small modular reactor (SMR) projects in North America.Work has begun on the task orders, and the agreement contemplates services worth up to $250 million over the first five years, it said. Under the first task orders, AtkinsRealis will prepare procedures and policies required to do design work, such as a quality program and engineering procedures.The company will also undertake the conceptual design for the balance of plant and review the design of the nuclear steam supply system.Shares of the company closed down 1.4% to $88.9 on Tuesday on the Toronto Stock Exchange.

$ATRL.TO

Mining & Metals47d ago

Solitario Resources Announcing Share Issuance to Newmont Under Amended Investor Rights Agreement

Solitario Resources Corp. (NYSE American:XPL and SLR.TO) announced Wednesday the purchase and sale of 305,195 shares in company common stock, at a price of $0.77 per share for total gross proceeds of US$235,000.A statement noted the Sale was made under the terms of the Amended and Restated Investor Rights Agreement dated June 11, 2025 between Solitario and a wholly owned subsidiary of Newmont Corporation. It noted Newmont chose to exercise a right to acquire the shares as permitted by the IRA at the average price of shares sold through Solitario's at-the-market program sales from Nov. 13, 2025, through April 6, 2026.Upon the issuance of the shares, Newmont will hold 8,759,162 shares of Solitario common stock or approximately 9.4% of the outstanding shares, maintaining Newmont's interest prior to the current period's at-the-money program, the statement said.Chris Herald, President and CEO of Solitario, said: "We are delighted that Newmont elected to exercise its right to maintain its ownership stake in Solitario and its equity ownership in Solitario."Shares in SLR edged up $0.01 to $1.19 on the TSX yesterday. It was at last look down 1.9% in US premarket, having risen 2.3% in regular trade there yesterday.

$SLR.TO

Mining & Metals47d ago

Talisker Resources Finalizes Logistics Chain with Ocean Partners

Talisker Resources (TSK.TO) has finalized a logistics chain from the Mustang Mine at the Bralorne gold project in British Columbia to Ocean Partners UK under an agreement in January, Talisker said Wednesday.The completed logistics chain to Ocean Partners includes updated trucking agreements, new crushing and warehousing agreements, and port storage and terminal loading agreements to support ongoing shipments under the agreement, Talikser said.The arrangements are intended to support ongoing shipments to Ocean Partners, Talisker said."This milestone strengthens our ability to reliably deliver mineralized material to the purchaser and supports continued progress under the ore purchase agreement," Talisker chief executive officer Terry Harbort said.Meanwhile, Talisker has sold 2,675 ounces of gold to date in 2026, comprising 770 ounces of concentrate and 1,905 ounces of direct shipping ore, derived from 6,990 tonnes of mined material with an average grade of 8.48 grams per tonne.Based on current estimates under the ore purchase agreement, Talikser expects estimated net proceeds of about C$12.7 million.

$TSK.TO

Mining & Metals47d ago

Solitario Resources Announcing Share Issuance to Newmont Under Amended Investor Rights Agreement

$SLR.TO

Mining & Metals47d ago

Globex Optioning Carp Fluorspar Property in Nevada to Evion Group NL of Australia

$GMX.TO

Mining & Metals47d ago

Colliers Announces Normal Course Issuer Bid

Colliers International Group (CIGI.TO, CIGI) said Wednesday that the Toronto Stock Exchange accepted a notice of its intention to make a normal course issuer bid with respect to its outstanding subordinate voting shares.The NCIB will allow the company to purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ Stock Market up to 4.3 million subordinate voting shares in total, being approximately 10% of the around 43.85 million shares comprising the "public float" as of May 12, 2026 of such class of shares, the company said.The buyback will begin during the twelve month period starting May 15, 2026 and ending no later than May 14, 2027.All shares purchased under the NCIB will be cancelled.The company's previous NCIB authorized the purchase of up to 4.3 million subordinate voting shares and expired on May 8, 2026. Colliers did not purchase any subordinate voting shares pursuant to this previous NCIB, added the company.

$CIGI.TO

Mining & Metals47d ago

Beyond Oil Begins Sales With Fast Food Chain in The U.S.

Beyond Oil (BOIL.CN) has begun commercial sales with a medium-sized fast food chain in the United States, the food-tech company said on Wednesday.The sales follows an extensive pilot validation program that began late last year and expanded to a multi-location pilot in the first quarter of this year. The pilots demonstrated Beyond Oil's "exceptional" performance under the chain's health and operational standards. Beyond Oil's technology, cleared by both the FDA and Health Canada, significantly reduces harmful compounds in frying oil.Beyond Oil has begun an initial commercial rollout into restaurants owned by three franchisees in three American states. After this phase is complete, the company expects to extend the commercial rollout across the chain's restaurant group in the U.S. The fast-food chain has hundreds of locations in the U.S. and internationally, a statement added."Today marks yet another milestone in Beyond Oil's ongoing efforts to expand its reach in the United States with the completion of our successful pilot program and initial sales to an iconic American fast-food chain," said Michael Nemirow, head of Beyond Oil North America. "Throughout the pilot phase, we witnessed once again how our solution improves the food quality that their customers love while simultaneously delivering the operational efficiencies and health benefits that matter to restaurant operators. Our team is working very hard to expand our presence in other states within this chain's vast US network and also to replicate these successes in other US chains in the coming weeks and months."

$BOIL.CN

Mining & Metals47d ago

Orezone Gold Appoints Marc-Andre Pelletier as Its Chief Operating Officer, Effective June 1

Orezone Gold (ORE.TO, ORE.AX) appointed Marc-Andre Pelletier as the company's Chief Operating Officer effective June 1, it said on Wednesday.The company also appointed Jean-Francois Ravenelle as Vice President of Exploration and Amanda Mallough as Vice President of Investor Relations. Mallough will join Orezone Gold on May 18, it said.It also announced the promotion of Kevin MacKenzie to Senior Vice President, Corporate Development, and Chris McLean to Senior Vice President, Finance and Administration of Orezone Quebec.Shares of the company closed up 4.3% to $2.43 on Tuesday on the Toronto Stock Exchange.

$ORE.TO

Mining & Metals47d ago

Anfield Energy Completes Drilling of Monitoring Wells at Shootaring Canyon Mill, Slick Rock Mine Complex

Anfield Energy (AEC.V) has completed monitoring well drilling programs at its Shootaring Canyon mill in Utah and its Slick Rock mine complex in Colorado, the company said Wednesday.The company has drilled eight new monitoring wells at Shootaring Canyon to facilitate a restart.Anfield also completed three monitoring wells at Slick Rock to facilitate aquifer sampling, and hydrologic characterization prior to the commencement of planned future production activities.Restarting the sites is key to Anfield's hub-and-spoke uranium-vanadium strategy that is focused on Shootaring Canyon as the central processing facility, the company said.

$AEC.V

Mining & Metals47d ago

Earnings Flash (ORV.TO) Orvana Minerals Reports Q2 Revenue $54.4M; Basic and Diluted $0.14; Provides Update On Oxides Stockpile Project and Taguas Drilling

$ORV.TO

Mining & Metals47d ago

AtkinsRealis Signing 20-year Agreement For Engineering Services with First American Nuclear

$ATRL.TO

Mining & Metals47d ago

Earnings Flash (BRE.TO) Bridgemarq Reports Q1 Revs $69.9M, vs. $78M; Adjusted Net Earnings $1.8M, Vs $3.1M in Q1 2025

$BRE.TO

Mining & Metals47d ago

Earnings Flash (IVQ-U.TO) Invesque Reports Q1 Rev US$2.557M Vs $37.392M; Swings To Net Profit, But FFO and AFFO Negative

$IVQ-U.TO

Mining & Metals47d ago

Earnings Flash (MEDIF) MediPharm Reports Q1 Revenue $9.0M With Strong Gross Margins of 37%; Achieving Positive Adjusted EBITDA

$MEDIF

Mining & Metals47d ago

Earnings Flash (BPF-UN.TO) Boston Pizza Royalties Income Fund Reports Q1 Total Revenue $12.7M Vs $12.282M

$BPF-UN.TO

Mining & Metals47d ago

Nouveau Monde Graphite Up 1.7% In US Premarket As Nears Declaring Phase 2 Matawinie Mine Final Investment Decision

Nouveau Monde Graphtite (NOU.TO) expects to declare a final investment decision (FID) for the Phase 2 Matawinie Mine as financing nears completion, the company said on Wednesday.With contemplated total gross proceeds of approximately US$645 million, NMG expects to declare a positive final investment decision upon closing of private placements and the satisfaction of released conditions of a bought deal public offering following shareholders' approval, it added.The company has begun construction activities at the Matawinie site and is advancing engineering and procurement of services and equipment. Major contracts awarded represent over 50% of the project's capital expenditure and are within estimates of the 2025 Matawinie Mine Feasibility Study, a statement added.Nouveau Monde is also advancing the retrofit plan of the recently acquired brownfield property for the 13-ktpa Becancour Battery Material Plant.At the end of the period, the company had a cash position of $57.3 million.Nouveau Monde shares were last seen up 1.8% in US premarket, having been down US$0.01, to US$1.96 a short time ago.

$NOU.TO

Mining & Metals47d ago

Silver Mountain Resources Completes 75% of Processing Plant Rehabilitation Activities at Reliquias

Silver Mountain Resources (AGMR.TO) has completed about 75% of overall plant rehabilitation activities at its 100%-owned Reliquias processing plant in central Peru, it said on Wednesday.Major processing equipment installation has been completed across the crushing, grinding and flotation circuits, with the plant advancing through integration, mechanical completion and commissioning preparation activities, the company said.Empty-load testing has also been successfully completed on the crushing circuits, key grinding circuit equipment and flotation circuit equipment, with satisfactory results achieved and no operational issues identified during testing, it added.The next phase of work will focus on mechanical completion, electrical integration, instrumentation installation and dry commissioning activities as Silver Mountain advances toward operational readiness and its targeted Q3 2026 production restart.Shares of the company closed up 5.7% to $4.47 on Tuesday on the Toronto Stock Exchange.

$AGMR.TO

Mining & Metals47d ago

Hydro One Posts Q1 Beat, Lifts Dividend and Changes CEO

Hydro One (H.TO) on Wednesday reported attributable net income and revenues for the first quarter that beat expectations, and the company lifted its dividend while changing its chief executive.Hydro One reported an attributable net income of C$391 million, or $0.65 per basic and diluted share, in the three months ended March 31, increasing from $358 million, or $0.60 per share, booked a year ago. Analysts expected Hydro One to record earnings of $0.64 per share, according to a consensus estimate compiled by FactSet.The change in EPS year-over-year was largely due to increased revenues from Ontario Energy Board (OEB)-approved rates and higher peak demand, partially offset by higher financing charges and higher depreciation, it said.Revenue climbed to $2.65 billion from $2.41 billion, above the analyst forecast of $2.49 billion compiled by FactSet.Hydro One declared a quarterly cash dividend of $0.3531 per share to common shareholders, payable June 30 to shareholders of record on June 10. The dividend represents an increase from a dividend of $0.3331 per share declared in February.Meanwhile, Hydro One appointed Megan Telford, currently chief operating officer, as president and chief executive officer, effective June 9, following the impending retirement of David Lebeter, who will remain as a special advisor with the company until October 10, 2026.Hydro One also announced the appointment of Debbie Hutton as the Government of Ontario's nominee to the company's board of directors."This CEO transition marks a continuation of the strong leadership and shared purpose we have built at Hydro One," said Lebeter.Shares in Hydro One were up $0.42 or 0.7% at $59.15, leaving it near 52 week highs.

$H.TO

Mining & Metals47d ago

Boyd Group Services Reports Wider Q1 Net Loss, Despite Higher Sales and Adjusted Net Earnings

Boyd Group Services (BYD.TO, BGSI) reported wider net loss in the first quarter, despite a rise in sales and adjusted net earnings, the company said on Wednesday.First quarter net loss was US$7.9 million, compared to net loss of $2.6 million in the corresponding year-ago quarter. The net loss was impacted by acquisition and transformational cost expenses in the first quarter of 2026 related to the Joe Hudson acquisition and Project 360, said the company and added that these costs are expected to decline as integration finalizes.First quarter adjusted net earnings per share was $0.58 per share, up from $0.31 per share in the year-ago quarter, driven primarily by the increase in adjusted EBITDA, said the company.First quarter sales were $996.7 million, compared to $778.3 million in the year-ago quarter. The consensus estimates compiled by FactSet for Sales was $992 million. The increase in sales was driven by $203.3 million from new location growth and continued market share gains reflected in positive same-store sales performance, added the company."We achieved our third consecutive quarter of positive same-store sales, supported by market share gains and improving industry conditions that continue to drive volume growth, even as total cost of repair remained subdued," said Brian Kaner, President and Chief Executive Officer of the Boyd Group. "In addition to strong top-line performance, we expanded Adjusted EBITDA margins by 200 basis points as we continue to make meaningful progress towards our 14%+ Adjusted EBITDA margin goal."The company added 269 locations during the quarter, including 258 from the Joe Hudson's acquisition, three from single shop acquisitions and eight new start up locations, it added.Industry conditions continued to improve in the first quarter of 2026, stated the company. Based on first quarter claims processing platform data, the company estimates that repairable claims volume declined in the range of 0-2% during the quarter, which is now back in-line with Boyd's long-term growth framework, the company added."I'm pleased to report that the normalization in repairable claims has continued to positively benefit our business early in the second quarter, with same-store sales in April approaching the low end of our long-term range," added the CEO. "We continue to expect same-store sales growth to be complemented by contributions from new location growth as we execute our growth strategy. In the second quarter of 2026, the Company expects to open five start up locations with an additional 17 start up locations to be added through year-end. Supported by a robust pipeline of both new start up opportunities and acquisitions, we remain confident in our outlook for new location growth in 2026 and beyond."

$BYD.TO

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Mining & Metals47d ago

Boyd Group Services Reports Wider Q1 Net Loss, Despite Higher Sales and Adjusted Net Earnings

$BYD.TO