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Cartier Resources Begins Trading on the OTCQB Venture Market in the U.S. Under Symbol ECRFF

Cartier Resources' (ECR.V) shares are now trading on the OTCQB Venture Market, under the symbol ECRFF, said the company on Thursday.The company will continue to trade on the TSX Venture Exchange under the symbol ECR, it added."Cartier's OTCQB listing marks an important step in the Company's growth strategy and is expected to strengthen our visibility among American investors, improve trading liquidity and broaden access to the U.S. capital markets," said Philippe Cloutier, President and Chief Executive Officer of Cartier Resources. "We believe it will support increased investor engagement as we continue to advance our projects and long-term growth objectives."The company's shares were last seen unchanged at $0.245 on the TSX Venture Exchange.

$ECR.V

Mining & Metals56d ago

RBC Reiterates Kinross Gold's Outperform Rating, US$45 Price Target

RBC Capital Markets on Wednesday maintained Kinross Gold (K.TO)'s outperform rating and US$45 price target after the company's Q1 results.On financials, Kinross' adjusted EPS of US$0.70 per share in the first quarter was below RBC's forecast of $0.76 per share and the consensus estimate of $0.71 per share, with larger variances relative to RBC estimates including lower gold sales vs. production and higher taxes. The miner's free cash flow of $830 million matched RBC's estimate and beat the consensus forecast of $802 million.Kinross reiterated its 2026 guidance, noting that higher energy prices have a minimal impact on operations as a result of its hedging program. Buyback activity was in line with expectations, RBC said."Our view: Slightly positive. Operations and financials largely met RBC and consensus expectations. KGC reiterated guidance, noting a minimal impact from higher energy prices as a result of its hedging program. Buyback activity was in line with expectations. KGC announced the receipt of its Great Bear AEX permit, positively positioning the company to advance the UG decline and complete drilling at depth," RBC added.Shares in Kinross were at last look up more than 2% on the TSX.Price: $41.72, Change: $+0.86, Percent Change: +2.10%

$K.TO

Mining & Metals56d ago

Fredonia Mining Higher After Securing Judite Property in Santa Cruz Province, Argentina

Fredonia Mining (FRED.V), is up 7.7% after it secured the Judite property in Santa Cruz Province, Argentina.The property, which is contiguous with Fredonia's El Dorado-Monserrat (EDM) project, expands the company's consolidated district footprint to over 11,000 hectares. Judite is also immediately adjacent to the western boundary of the Cerro Vanguardia mining area, positioning Fredonia as a direct neighbor to one of Argentina's most significant gold-silver operations, the company said.The Judite property became available after the rights lapsed in the hands of the prior rightsholder. Fredonia submitted the winning bid and also settled outstanding concession fees of US$25,000.Fredonia also controls a broader land package to the south, including the Saturno area with about 10,500 hectares. Together, these holdings expand its district land position to 21,800 hectares, a statement said."Securing Judite is a meaningful step for Fredonia. It expands our EDM district footprint to more than 21,800 hectares and, importantly, places us directly adjacent to Cerro Vanguardia," said chief executive Estanislao Auriemma. "From a technical perspective, Judite is not just additional ground. Historical work indicates quartz veining, favorable structures, anomalous epithermal pathfinder elements and potential continuity from El Dorado into Judite. We believe this gives Fredonia a stronger district-scale platform as we advance exploration at EDM."Fredonia shares were last seen up $0.04, to $0.56, on the TSX Venture Exchange.Price: $0.56, Change: $+0.04, Percent Change: +7.69%

$FRED.V

Mining & Metals56d ago

RBC Keeps Precision Drilling's Outperform Rating, C$150 Price Target

RBC Capital Markets on Wednesday retained Precision Drilling's (PD.TO) outperform rating and C$150 price target.RBC expects Precision's first-quarter results to have negative implications for the shares. The company's adjusted EBITDA of $124 million missed RBC's forecast of $129 million, while adjusted earnings of $1.34 per share was also below RBC's estimate of $2.22 per share.The miss and the year-over-year decline were primarily due to higher stock-based compensation expense, headwinds in the Middle East, and slight headline margin compression in North America, RBC said."PD's second quarter guidance also looks softer than our estimates at the margin given lower daily margins in U.S./Canada, lower active U.S. rig count, partially offset bystronger Canadian rig activity," RBC said."Admittedly, this view could prove myopic given the gathering rig demand tailwinds in the U.S., though we think the market will look for greater signals that revenue growth will be converted to earnings and free cash flow growth," RBC said.Precision traded at $129.60 per share at last look on the Toronto Stock Exchange.Price: $129.15, Change: $-10.88, Percent Change: -7.77%

$PD.TO

Mining & Metals56d ago

Frontier Lithium Closes C$15 Million Bought Deal Offering

Frontier Lithium (FL.V) closed its previously announced bought deal offering of units of the company with a syndicate of underwriters led by BMO Capital Markets, said the company on Thursday.An aggregate of 20 million units were sold at a price of C$0.75 each for gross proceeds to the company of C$15 million, said the company.Each unit is comprised of one common share and half of one common share purchase warrant. Each whole warrant shall be exercisable to acquire one common share at a price of C$1.00 per warrant share for a period of two years from the closing of the offering, stated the company.A total of six insiders participated in the offering, acquiring a total of 136,668 units for gross proceeds $102,501, added the company.The net proceeds will be used for advancing the PAK Lithium Project, said the company and added that these funds will support the completion of an updated mine and mill technical report, facilitate activities related to government-funded or cost-shared infrastructure initiatives, permitting, advancement of Lithium Conversion Study and cover general administrative as well as corporate expenses."This financing marks an important step in advancing the PAK Lithium Project, supporting key engineering, permitting and downstream initiatives that will continue to de-risk the asset and support the Company's efforts toward future project financing", said Trevor Walker, President and Chief Executive Officer of the company. "We were pleased to see continued support from long-term shareholders, new institutional investors and insiders, reinforcing our belief that Frontier is well positioned for the next phase of the market-supporting a secure North American lithium supply, advancing a phased de-risking strategy, and positioning the project as a strategic asset within the emerging domestic critical minerals supply chain."The company's shares were last seen unchanged at $0.62 on the TSX Venture Exchange.

$FL.V

Mining & Metals56d ago

FPX Nickel Named as Priority Project Under British Columbia's Look West Strategy

FPX Nickel's (FPX.V) Baptiste project has been named as a major priority project by the government of British Columbia under its Look West economic strategy, the company said on Thursday.Baptiste is the only critical minerals project owned by a junior mining company to be included in the province's priority project list, FPX said. Look West is a targeted plan designed to deliver major projects and strengthen B.C. and Canada's economic security, a statement added."We are grateful that the Government of British Columbia continues to recognize the significance of Baptiste, which has the potential to contribute over $45 billion of incremental GDP to the provincial economy over its projected 29-year mine life," said FPX chief executive Martin Turenne."We are committed to deepening our ongoing collaboration with First Nations and the governments of British Columbia and Canada to develop a project that creates substantial and sustainable benefits while protecting the environment for future generations."FPX shares were last seen up $0.015, to $0.50, on the TSX Venture Exchange.Price: $0.50, Change: $+0.02, Percent Change: +3.09%

$FPX.V

Mining & Metals56d ago

Encore Technologies Expands Partnership With Greenfoot Energy Solutions to Advance HYGN Retrofit Applications Across Markets

Encore Technologies (ENCR.CN) expanded its existing partnership with Greenfoot Energy Solutions to advance commercial discussions focused on integrating the company's software platform with HYGN hydrogen retrofit systems across a broader range of applications, it said Thursday.The expanded collaboration will focus on the development of Encore's intelligent infrastructure platform to support the measurement, monitoring and verification of fuel savings and associated emissions reductions generated through the deployment of HYGN systems, in non-vehicular applications, including distributed power generation, mining operations, and other industrial use cases, it added.Encore and Greenfoot in this next phase, will also evaluate commercial structures for the licensing of Encore's software platform across HYGN deployments, including applications beyond traditional fleet vehicles.The company's shares last traded Apr. 13, closing at $0.40 on the Canadian Securities Exchange.

$ENCR.CN

Mining & Metals56d ago

GoldHaven Resources Launches C$5 Million Offering to Advance Magno, Copecal Projects

GoldHaven Resources (GOH.CN) is raising C$5 million in an offering priced at $0.25 per unit to advance its Magno project in British Columbia and Copecal project in Brazil, the company said Thursday.The company will also use the funds for general corporate purposes.Under the offering, each unit will consist of one share and one-half of a warrant. Each warrant can be exercised at $0.35 per share for 24 months.The offering is expected to fully fund GoldHaven's 10,000-meter drill program at Magno in 2026. It is also advancing drill targets at Copecal."We believe this dual-track approach provides shareholders with near-term discovery potential and longer-term growth across two highly prospective districts," Chief Executive Officer Rob Birmingham said.Price: $0.29, Change: $+0.03, Percent Change: +9.62%

$GOH.CN

Mining & Metals56d ago

Amaroq Doubles Revolving Credit Facility to US$70 Million

Amaroq (AMRQ.V, AMRQ.L) entered into an amended and restated Revolving Credit Facility (RCF) with Landsbankinn and Gunvor Group, providing an increased capacity of US$70 million and replacing its existing US$35 million facility, while reducing the overall cost of funding, it said Thursday.Gunvor will offtake gold produced at the Nalunaq mine. The RCF, scheduled to mature on May 1, 2028, remains secured by a combination of property and operational equipment mortgages, share pledges over subsidiaries, bank account pledges, and a license transfer agreement."In addition to the increased capacity, we have reduced our cost of funding, enhanced liquidity flexibility and extended the maturity to May 2028," said Amaroq Chief Financial Officer Ellert Arnarson. "This materially strengthens our working capital, as we enter this year's exploration season and the final construction and commissioning of Phase 2 of the Nalunaq processing plant, while cash flows from gold production continue to build over the course of the year."Price: $1.70, Change: $-0.14, Percent Change: -7.61%

$AMRQ.V

Mining & Metals56d ago

Xtract One Technologies Selected to Support School Safety Across Granville County Public Schools

Xtract One Technologies' (XTRA.TO) Xtract One Gateway system has been selected by Granville County Public Schools in Oxford, North Carolina "to strengthen security while minimizing ingress delays and reducing the need for manual bag checks," said the company on Thursday.The initial deployment will take place at two of the district's high schools, it added.

$XTRA.TO

Mining & Metals56d ago

TSX Up 270-plus Pts Early Thursday After Losing About 630 Pts Over Five Straight Days of Losses

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals56d ago

NGEx Minerals Provides Phase 4 Drilling Results at Lunahuasi Project in Argentina

NGEx Minerals (NGEX.TO) reported Thursday the results of three drill holes from its phase-four drill program at the Lunahuasi copper-gold-silver project in Argentina.Among highlights, NGEX said it drilled 34 metres at 7.25% CuEq (copper equivalent) plus 48 metres at 7.72% CuEq, 180 metres apart in Mars, while it discovered a new zone 300 metres east Of Mars with 23 metres at 4.72% CuEq."We remain very bullish on the continued exploration upside at Lunahuasi," President and Chief Executive Officer Wojtek Wodzicki said. "With achievement of all our objectives and the onset of winter weather at site, we have now concluded the Phase 4 program and all equipment and personnel are being demobilized. Assays are pending for the last sixteen holes, and we look forward to updating the market with these results as they come in over the coming weeks."With completion of the Phase 4 program, it will begin planning for the Phase 5 program which is planned to start in the third quarter, the company said. In addition to the Phase 5 drilling program, it will be initiating construction of an exploration adit which will provide access for drilling the deposit from underground drill stations enabling the company to "maximize the efficiency of our drill programs and to map the mineralized zones in underground exposures, helping to improve our geological knowledge."Shares in NGEX fell more than 4% in Canada yesterday.

$NGEX.TO

Mining & Metals56d ago

Earnings Flash (AEP.V) Atlas Engineered Products Reports Q4 Revenue C$17.6M, Up 17%; Net Loss After Taxes $686,098

$AEP.V

Mining & Metals56d ago

Northland Power Seals 30-Year Power Purchase Deal With Taiwan Semiconductor

Northland Power (NPI.TO) has concluded a 30-year corporate power purchase agreement (CPPA) with Taiwan Semiconductor Manufacturing Company (TSMC) for additional power from its Hai Long offshore wind project in Taiwan, the company said on Thursday.The Hai Long project is situated off the Changhua coast in the Taiwan Strait and consists of three offshore wind sites, the 294-megawatt (MW) Hai Long 2A, the 224 MW Hai Long 2B, and the 504 MW Hai Long 3. The new agreement builds on an existing partnership with TSMC which already covers Hai Long 2B and Hai Long 3. Later this year, Hai Long 2A will switch to the new CPPA, and TSMC will offtake 100% of the project's generating capacity, a statement said.The Hai Long Project is being constructed by Northland (30.6%) jointly with Mitsui & Co. (40%) and Gentari International Renewables (29.4%)."This agreement with TSMC reinforces the strategic importance of Hai Long. Once the switch is complete it will enhance the project's long-term economic fundamentals and contribute directly to value creation for Northland and its shareholders," said chief executive Christine Healy.Northland Power shares closed down $0.45, to $23.29, on Wednesday, on the Toronto Stock Exchange.

$NPI.TO

Mining & Metals56d ago

Bragg Gaming Group "Powers" Super Technologies' Entry into Greece

Bragg Gaming Group (BRAG.TO, BRAG) is supporting Super Technologies' launch in the regulated Greek market through its flagship brand, Superbet, said the company on Thursday.Through this partnership, Bragg is delivering its RGS games alongside its HUB aggregation platform, providing access to a diverse portfolio of premium 3rd party content, said the company. This includes titles from "leading" studio partners such as Playson, Wazdan, IGT, Synot, and Spribe, added the company.The launch represents Superbet's official entry into Greece, "one of Europe's most mature and well-regulated iGaming markets, and further strengthens Bragg's position as a key technology and content partner for tier-one operators expanding into new jurisdictions," said the company."We are delighted to support Superbet's entry into Greece with our full suite of RGS and aggregation capabilities," said Neill Whyte, Chief Commercial Officer at Bragg Gaming Group. "As the preferred partner to Super Technologies, this launch reflects a partnership built to win. It highlights the strength of our technology and content ecosystem and our ability to scale in regulated markets. Greece is an exciting opportunity, and we look forward to supporting Superbet's long-term growth in the region while continuing to power this commercial brand across multiple territories."

$BRAG$BRAG.TO

Mining & Metals56d ago

Arizona Metals Provides Results of PEA for Kay Mine Project

Arizona Metals (AMC.TO) provided results of a Preliminary Economic Assessment (PEA), supporting the initial mineral resource estimate for its Kay Mine Project, on Thursday."The results of the PEA establish the Kay Mine Project as a credible development opportunity, underpinned by a well-defined Indicated mineral resource and a fully costed mining scenario, which outlines our base case," said Arizona Metals Chief Executive Duncan Middlemiss.The company is also continuing its investigation of alternative processing technologies, which, together with supportive commodity price environments, "could enhance project returns," Middlemiss added.The PEA also showed 127 million pounds (Mlbs) copper, 293 Mlbs zinc, 258 koz gold, and 4,712 koz silver of payable production over the 10 years of conceptual mine life.Shares of the company closed down 3.6% to $0.54 on Wednesday on the Toronto Stock Exchange.

$AMC.TO

Mining & Metals56d ago

Parex Resources' Q1 Earnings Drop YoY

Parex Resources' (PXT.TO) first-quarter earnings dropped year over year in the first quarter, according to preliminary results released Thursday.Parex cited an unrealized loss on commodity risk management contracts, an increase in deferred tax expense, a higher cash settled share-based compensation expense, and recognition of one one-time costs.The company booked a net income of US$5 million, or $0.05 per share, in the first quarter, slumping from $81 million, or $0.82 per share, in the year-ago period.Average production rose year over year to 44,735 barrels of oil equivalent per day (boe/d) from 43,658 boe/d.Adjusted EBITDA totaled $133 million in the first quarter, compared to $135 million in the previous year.Parex expects to release its financial and operating results for the first quarter before markets open on May 12.

$PXT.TO

Mining & Metals56d ago

Bombardier's Q1 Adjusted Earnings Jumps 178%, Beats Forecasts

Bombardier's (BBD-B.TO) first-quarter adjusted earnings jumped 178%, beating forecasts, the company said on Thursday.Adjusted net income, which excludes most one-time items, surged to US$189 million or US$1.81 per share, from US$68 million, or US$0.61 per share, in the prior year period. The result beat the consensus analyst estimate of US$0.77 per share, according to FactSet.Revenues advanced 5% to US$1.6 billion, but was just below the US$1.64 billion expected by analysts. The revenue increase included a 25% jump in the Services segment, to US$617 million, a statement said.Bombardier's backlog reached US$20.3 billion as at March 31, a $2.8 billion increase when compared with year-end 2025.The company revised its free cash flow guidance for 2026 upwards, which is now expected to be greater than US$1.0 billion for the full year. Guidance for all other key financial metrics remains unchanged from the original guidance issued on Feb. 12.The company separately said it is redeeming all of its outstanding 7.35% debentures due 2026, totalling C$150 million. The redemption date is set for June 26.

$BBD-B.TO

Mining & Metals56d ago

OR Royalties Sells Stake in Osisko Metals for US$34.8 Million

OR Royalties (OR.TO) has sold its entire remaining non-core equity position in Osisko Metals (OM.TO), generating US$34.8 million in proceeds, Osisko Gold Royalties said Thursday.Osisko Gold Royalties also provided an update on its portfolio. The expanded and accelerated mine plan at Alamos Gold's (AGI.TO) Island Gold District in Canada is expected to transition a greater proportion of production from OR Royalties' current 1.38% net smelter return royalty (NSR) coverage to OR Royalties' 2.0% and 3.0% NSR royalty boundaries.Benz Mining (BZ.V) is conducting a 250,000 meter drill program at the Glenburgh gold project in Western Australia. OR Royalties holds a 1.08% gross revenue royalty on Glenburgh.Talisker Reosurces (TSK.TO) closed a C$52.1 million bought-deal financing in March as it expanded a 2026 diamond drill program at the Bralorne mine in British Columbia to 105,000 meters from 30,000 m. OR Royalties holds a 1.7% NSR royalty on Bralorne.PMET Resources (PMET.TO) has submitted an environmental and social impact assessment for the Shaakichiuwaanaan project in Quebec. OR Royalties's interests in the project includes a sliding-scale 1.5-3.5% NSR royalty on precious metals and 2.0% on lithium and other products.OceanaGold (OGC.TO) reported high-grade drill results from the Wharekirauponga project in New Zealand, including 14.9 meters at 16.3 grams per tonne gold. OR Royalties owns a 2.0% NSR royalty on the project.

$AGI.TO$BZ.V$OGC.TO$OM.TO$OR.TO$PMET.TO$TSK.TO

Mining & Metals56d ago

Correction: Spin Master Reports Narrower Than Expected Adjusted Net Loss in Q1; But Reiterates FY26 Outlook

(Correcting headline and first paragraph to show it reported a narrower than expected adjusted net loss in the first quarter, despite lowered revenues)Spin Master (TOY.TO) reported a narrower than expected adjusted net loss in the first quarter, despite lowered revenues, while it reiterated its 2026 full year outlook.For the first quarter, adjusted net loss was US$24.1 million or adjusted basic and diluted loss of US$0.24 per share compared to adjusted net loss of US$12 million or adjusted basic and diluted loss of US$0.12 per share in the corresponding year-ago quarter. The consensus estimates compiled by FactSet was US$0.30 loss per share.First quarter revenue was US$328.5 million, compared to US$359.3 million in the year-ago quarter.Subsequent to March 31, 2026, the company declared a dividend of C$0.12 per outstanding subordinate voting share and multiple voting share, unchanged from the prior quarter. It is payable on July 10, 2026 to shareholders of record at the close of business on June 26, 2026, it added.The company also reiterated its 2026 full year outlook. It continues to expect 2026 full year revenue to have "stable to low single digit percentage growth" compared to 2025, and adjusted EBITDA to have "mid to high single digit percentage growth" compared to 2025."We delivered a solid start to the year, a direct result of our disciplined execution against our core strategic priorities," said Christina Miller, Chief Executive Officer. "Our focus on product innovation, the expansion of evergreen properties like Monster Jam, and the stabilization of Melissa & Doug is yielding positive results. We are strategically managing our portfolio by investing in our creative capabilities, reimagining how fans engage with our brands in both the physical and digital worlds, and expanding our audiences -- laying the groundwork for future growth.""We delivered a significant increase in cash generation through disciplined cost and working capital management, which offset an anticipated decline in revenues due to the pull forward of import orders in the U.S. last year ahead of tariffs," said CFo Jonathan Roiter. "In the current environment, we balanced our capital allocation to growth investments, dividends and share buybacks, as well as significant debt reduction."Shares in TOY were down near 2.2% in Canada yesterday.

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Mining & Metals56d ago

Correction: Spin Master Reports Narrower Than Expected Adjusted Net Loss in Q1; But Reiterates FY26 Outlook

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