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Orezone Gold Releases Updated Life of Mine Plan for Casa Berardi Gold Mine

Orezone Gold (ORE.TO) has released an updated life of mine plan for the Casa Berardi gold mine in Quebec, the company said Tuesday.The mine has an after-tax net present value discounted at 5% of $1.05 billion at base case consensus gold prices. It has a 14-year mine life with average annual gold production of 116,000 ounces at an all-in sustaining cost of $1,877 per ounce.Orezone has reinitiated exploration at Casa Berardi, ramping up drilling to 100,000 meters per annum.

$ORE.TO

Mining & Metals7d ago

Liberty Gold Added to MVIS Global Junior Gold Miners Index

Liberty Gold (LGD.TO) has been included in the MVIS Global Junior Gold Miners Index, effective Sept. 18, the company said Tuesday.The index is the underlying benchmark for the VanEck Junior Gold Miners ETF and tracks the performance of liquid, small-capitalization companies mainly involved in the global gold and silver mining industries.

$LGD.TO

Mining & Metals7d ago

Questor Technology CFO Resigns

Questor Technology (QST.V) Chief Financial Officer Aly Sumar, who was also the corporate secretary, has resigned, the company said Monday.The board's audit committee will "provide oversight" during the transition period as the company searches for a permanent CFO, it said.

$QST.V

Mining & Metals7d ago

Soma Gold Discovers New High-Grade Vein at Cordero Mine

Soma Gold (SOMA.V) has discovered a new high-grade vein zone in the Upper Atenas Zone of the Cordero Mine in Colombia, the company said Tuesday.Soma released drill results with highlights that include 15.3 grams per tonne gold over 6.05 meters, including 60.5 g/t gold over 0.64 m; and 28.2 g/t gold over 3.0 m, including 167.2 g/t gold over 0.47 m.The discovery, along with continued infill and exploration drilling, is expected to add gold ounces to Cordero's mineral resource.

$SOMA.V

Mining & Metals7d ago

DMG Blockchain Solutions Provides Update on Christina Lake Data Center Conversion

DMG Blockchain Solutions (DMGI.V) provided an update on the conversion of its Christina Lake, British Columbia, data center facility to offer artificial intelligence colocation services, the company said Monday.DMG is working toward a definitive agreement on its letter of intent for 50 MW of critical IT load AI colocation services. However, the company sees potential for greater than 50 MW of critical IT load. DMG has completed the contract for an additional 10 megawatts of non-firm power, resulting in a total of 60 MW of non-firm power and 15 MW of firm power.The company has also applied for a permit to build an addition to its current building that would approximately double the capacity to support as much as 60 MW of critical IT load.DMG aims to have tenant servers operating by the end of the year, with a 2027 energization schedule for the tenant servers.

$DMGI.V

Mining & Metals7d ago

Trans Canada Gold to Raise CA$1.5 Million in Private Placement of Units

Trans Canada Gold (TTG.V) plans to raise up to CA$1.5 million in a private placement financing of flow-through (FT) and non-flow-through (NFT) units, the company said after trade on Monday.Trans Canada will issue up to 3.95 million FT units at CA$0.19 each, for CA$750,000 in proceeds. Each FT unit will consist of one FT share and and half of a two-year warrant to buy a share at CA$0.30.The company will issue up to 4.4 million NFT units at CA$0.17 apiece, for CA$750,000 in proceeds. Each NFT unit consists of one share and half of one two-year warrant to buy a share at $0.30.The offering is expected to close in mid-October.Proceeds will be used for year Phase 2 exploration and underground and surface drilling costs for the Harrison Lake Property in British Columbia and general working capital.

$TTG.V

Mining & Metals7d ago

Generation Mining Secures CA$340 Million in Final Funding for Marathon Project

Generation Mining (GENM.TO) said Monday it secured CA$340 million in final funding needed to complete the financing package for construction of its Marathon Copper-Palladium Project in northwestern Ontario.The funding includes about CA$140 million from Canada Growth Fund and CA$50 million from Canada Infrastructure Bank.The package consists of a CA$200 million bought-deal financing, a C$40-million private placement by Canada Growth Fund and CA$100 million in subordinated unsecured convertible notes.Generation Mining said the latest funding, together with previously announced financing, brings the project's fully financed construction package to about CA$1.3 billion.The company's board is expected to make a final investment decision after completion of all financings included in the latest funding package.Separately, the company said it agreed to terms with Glencore for an offtake agreement under which Glencore will purchase polymetallic copper concentrate produced at the Marathon project.

$GENM.TO

Mining & Metals7d ago

Evertz Technologies' Q1 Net Earnings Fall, But Revenue Rises

Evertz Technologies (ET.TO) said Monday after trade that its fiscal first-quarter 2027 earnings fell to CA$0.10 per share, from CA$0.15 per share, in the prior year period.Analysts polled by FactSet had expected CA$0.14 per share.Net earnings fell to CA$7.96 million in the three-month period ended July 31, down from CA$11.89 million a year prior.Quarterly revenue rose to CA$118.3 million, from CA$112.1 million, slightly higher than the CA$118.1 million expected.The company will pay a regular quarterly dividend of CA$0.205 on Oct. 1 to shareholders of record on Sept. 24.Evertz shares closed unchanged at CA$14.85 on the Toronto Stock Exchange.

$ET.TO

Mining & Metals7d ago

Bell, Saskatchewan Sign Agreement to Expand AI Fabric; Investment Could Top CA$50 Billion

BCE's (BCE.TO, BCE) Bell Canada unit after the market close Monday said it entered into a non-binding initial agreement with the Government of Saskatchewan to expand Bell AI Fabric in Saskatchewan.The project include a phased development of up to 900 megawatts of additional capacity, creating a path to a 1.2 gigawatt Canadian AI infrastructure hub in the province. Bell AI Fabric will also establish a head office for ts national ecosystem in Saskatchewan.At full buildout, total capital investment associated with this project, including data-center infrastructure, tenant compute and related power generation could exceed CA$50 billion, while supporting 800 to 1,200 construction, engineering and technical jobs, and creating up to 600 permanent operations and management roles, Bell said in a statement.BCE shares closed up CA$0.20 to CA$32.59 on Toronto Stock Exchange on Monday.

$BCE$BCE.TO

Mining & Metals7d ago

Apotex Announces CA$750 Million Secondary Share Offering

Apotex Health (APTX.TO) Monday after trade announced a CA$750 million secondary offering of shares.Underwriters, who will purchase 22 million shares at CA$34 each from the selling shareholders, have also been granted a 15% over-allotment option. Apotex will not receive any proceeds.The offering is expected to close on Sept. 18.Apotex shares closed up CA$1.15 at CA$36.70 on the Toronto Stock Exchange.

$APTX.TO

Mining & Metals7d ago

High Tide Fiscal Q3 Earnings Rise as Revenue Jumps 33%

High Tide (HITI.V, HITI) after the close on Monday reported fiscal third-quarter earnings per share of CA$0.12 compared with CA$0.01 in the prior-year period. It surpassed FactSet consensus of CA$0.02.Revenue stood at a record CA$198.8 million for the three months ended July 31, compared to CA$149.7 million during the same period last year, an annual increase of 33%.The company reiterated its previously-announced goal of surpassing 350 locations across Canada and opening over 20 locations in calendar 2026.The company's hares closed up CA$0.20 to CA$3.69 on TSX Venture Exchange on Monday.

$HITI$HITI.V

Mining & Metals7d ago

Frontier Lithium's PAK Project Included in Canada Investment Summit Prospectus, Ontario Deal Book

Frontier Lithium (FL.V) said Monday its PAK Lithium Project was included in both the Canada Investment Summit Prospectus and Ontario's Deal Book.The Canada Investment Summit Prospectus was distributed to participants of the inaugural Canada Investment Summit, being held in Toronto on Sept. 14-15.The prospectus features 167 investment opportunities across eight sectors, including 63 projects in the minerals and metals category.

$FL.V

Mining & Metals7d ago

Earnings Flash (ET.TO) Evertz Technologies Limited Reports Q1 Revenue CA$118.3M

$ET.TO

Mining & Metals7d ago

Hemlo Mining Reports Temporary Power Failure at Hemlo Mine

Hemlo Mining (HMMC.TO) said Monday an underground electrical substation servicing part of the underground mining operations at the Hemlo Gold Mine in Ontario experienced a temporary power failure on Sept. 4.There were no injuries associated with the outage. Mining and processing in all other areas of the mine, including the processing plant, are unaffected and continue to operate normally.A temporary electrical bypass system has been established, which has restored power at reduced capacity.A replacement substation has been ordered at an estimated cost of $250,000.Hemlo Mining shares closed down CA$0.09 to CA$8.29 on the Toronto Stock Exchange.

$HMMC.TO

Mining & Metals7d ago

Earnings Flash (HITI) High Tide Inc. Reports Q3 Revenue CA$198.8M

$HITI

Mining & Metals7d ago

TSX Closer: Index Edges Higher as Healthcare Gains Offset Base Metals Weakness; Oil Rises

The S&P/TSX Composite Index edged higher on Monday as gains in healthcare, telecom and industrial stocks offset weakness in base metals, while investors assessed steady Canadian inflation and rising oil prices amid escalating Middle East tensions.The index closed up a slight 5.04 points, or 0.01%, at 35,702.53. Healthcare led advancers, up 2.0%, followed by the telecom and industrial sectors that closed up 1.3% and 1.0%, respectively. Shares in base metals and utilities closed down 2.5% and 0.6%, respectively.In commodities, West Texas Intermediate (WTI) and Brent crude rose as escalating fighting in the Middle East and the shutdown of Saudi Arabia's key East-West oil pipeline heightened concerns about global supplies.October WTI crude oil contract settled up $1.34, or 1.3%, at $101.39 per barrel, while November Brent oil was last seen up $1.52, or 1.5%, at $106.13 per barrel.Meanwhile, December Comex gold futures dropped 1.8%, or $77.90, to $4,331.00 per ounce at last look.In currencies, the US dollar edged up 0.2% against the Canadian dollar, to CA$1.3902 at last look.In economic news, Canada's consumer price index held at 3% annualized in August, unchanged from July, while it declined 0.1% monthly on a non-seasonally adjusted basis, Statistics Canada said Monday.Slower gasoline price growth offered some relief, with prices up 22.8% annually in August versus 25.7% in July, Statistics Canada wrote in a statement. Excluding gasoline, however, CPI inflation accelerated to 2.4% annually from 2.2%.In the banking sector, the Toronto-Dominion Bank (TD.TO) plans to allot CA$150 billion over the next five years to drive new lending, underwriting, advisory and other financing activities linked to boosting Canada's economy.In a similar move, Scotiabank (BNS.TO) launched the Scotia Growth Institute, which it said will help advance long-term economic growth and competitiveness in Canada and across North America. Scotiabank also committed over CA$100 billion in financing, underwriting, and investment to be available over the next five years, to support Canadian companies and projects in key sectors, it said Monday.To boost the agricultural economy, the Canadian government launched the CA$1 billion Agri-food Project Finance Fund to address financing gaps, support food-sector infrastructure and technology, and expand domestic processing capacity.In corporate news, Enbridge (ENB.TO) said it raised CA$3 billion in its offering of 44.7 million shares. Proceeds will be used to partially fund acquisitions, and may also be used to pay down debt, a statement added.

S&P/TSX CompositeS&P/TSX Composite$CAD$CXY$USD$BNS.TO$ENB.TO$TD.TO

Mining & Metals7d ago

Aurora Cannabis Says Curaleaf's Attempt to Stop ATM Program is to Distract Shareholders

Aurora Cannabis (ACB.TO) on Monday said Curaleaf's (CURA.TO) application to the Alberta Securities Commission (ASC) to stop it from activating its at-the-market (ATM) financing program is merely to "distract" shareholders.Curaleaf earlier today said it was requesting the halt while its hostile offer to acquire Aurora remained outstanding. It also requested an expedited hearing before the ASC.Aurora noted in a statement that Curaleaf's hostile bid significantly undervalued Aurora and the application was an attempt to distract shareholders from that.Aurora shares closed up CA$0.15, to CA$5.32, on the Toronto Stock Exchange, while Curaleaf shares closed up CA$0.76, to CA$14.05.

$ACB.TO$CURA.TO

Mining & Metals7d ago

Rio2 to Be Added to MVIS Global Gold Miners Index Sept. 18

Rio2 (RIO.TO) said Monday that will be added to the MVIS Global Junior Gold Miners Index, from Sept. 18.The index benchmarks the VanEck Junior Gold Miners ETF, which tracks small-cap gold and silver mining companies, a statement said.The inclusion is expected to improve Rio2's trading liquidity and increase exposure to global capital markets, the company said.Rio2 shares were last seen down CA$0.05 at CA$3.54 on the Toronto Stock Exchange.

$RIO.V

Mining & Metals7d ago

Canadian Government Launches CA$1 Billion Fund to Grow Value-Added Food Sector

The Canadian government launched the CA$1 billion Agri-food Project Finance Fund on Monday to address financing gaps and support the infrastructure and technology needed to grow Canada's value-added food sector, as well as boost domestic processing capacity.Velocity Agri-Capital Partners, a venture capital fund backed by its general partner Arlene Dickinson, will receive CA$150 million from Farm Credit Canada, to focus on opportunities in the agri-food and agri-tech sectors across the value chain, a statement said."This new CA$1 billion fund, combined with the CA$150 million investment in Velocity Agri-Capital Partners, will help Canadian agri-food businesses bring ambitious projects to life, expand processing capacity, and grow value here at home. By investing in innovation and infrastructure, we're supporting producers and ensuring Canada's food system is resilient for the future," said Heath MacDonald, Minister of Agriculture and Agri-Food.The announcement came as the first-ever Canada Investment Summit gathered global investors for a two-day event in Toronto that aims to accelerate new investment in the country.

$CXY

Mining & Metals7d ago

Total Energy Services' Director Jessica Kirstine to Retire; Elizabeth Dammann to be Appointed to the Board

Total Energy Services' (TOT.TO) director Jessica Kirstine will retire from the board of directors on Sept. 30, it said Monday.The company said Elizabeth Dammann will be appointed a director at the next board of directors' meeting to be held in November 2026.Dammann is the vice president, production and capital operations for Tundra Oil and Gas Ltd, added the company.The company's shares were last seen down CA$1.51, or 4.1%, at CA$34.73 on the Toronto Stock Exchange.Price: $34.89, Change: $-1.35, Percent Change: -3.73%

$TOT.TO

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Mining & Metals7d ago

TSX Closer: Index Edges Higher as Healthcare Gains Offset Base Metals Weakness; Oil Rises

S&P/TSX CompositeS&P/TSX Composite$CAD$CXY$USD$BNS.TO$ENB.TO$TD.TO