Financial News · Live Terminal

Page 169 of 208

Mining & Metals57d ago

OneMove Capital, Largest Independent Shareholder In Sylogist, Demanding Independent Leadership of Co's Special Committee

$SYZ.TO

Mining & Metals57d ago

Spin Master Renews Worldwide Master Licensing Agreement With Feld Motor Sports In Relation To Monster Jam Toys For An Additional 10 Yrs

$TOY.TO

Mining & Metals57d ago

Serabi Gold up in UK Trade as Report Shows 29% Jump in Consolidated M&I Resources For Brazil Mines

Serabi Gold's (SBI.TO) updated mineral resource report for its Palito and Coringa mines in Brazil shows consolidated measured and consolidated (M&I) resources jumped 29% to 731,000 ounces of gold, the company said on Tuesday.The company, which is up 2.4% in UK trade on last look, said the increase compares with 567,400 ounces (2.05 tonnes @ 8.6 grams per tonne) in March 2025 for Palito and April 2024 for Coringa.The report also showed that proven and probable (2P) reserves at Palito totalled 228,400 ounces (1.15 tonnes at 6.2 grams per tonne gold) compared with 147,000 ounces (646,000 tonnes @ 7.1 grams per tonne gold) in April 2025."The healthy increase in our resource estimates confirms the prospectivity of our properties, which is now being unlocked through exploration expenditure backed by our strong balance sheet and cash generation in comparison to our capital constrained history of operation," says chief executive Mike Hodgson.Serabi has initiated the 2026 brownfield exploration program and will provide an update in the second quarter, Hodgson added.Serabi shares were last seen up 2.4% to 3.22 pounds in London trading.

$SBI.TO

Mining & Metals57d ago

Hut 8 Down 3.8% In US Premarket After Pricing US$3.25B of Investment-Grade Senior Secured Notes for River Bend Data Center Project

Hut 8's (HUT, HUT.TO) was at last look down near 4% in US premarket trade after wholly-owned subsidiary, Hut 8 DC LLC, priced a US$3.25 billion private offering of 6.192% senior secured notes due 2042."The Notes will be offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in reliance on Regulation S thereunder," said the company.The notes will bear interest at a rate of 6.192% per annum payable semi-annually in cash in arrears on November 15 and May 15 of each year, beginning on November 15, 2026 and will mature on November 15, 2042, said the company and added that the notes will be fully amortizing with amortization payments payable semi-annually beginning on May 15, 2028.The issuer plans to use the proceeds from the offering to finance the development and construction of a turnkey data center with 245 megawatts of critical IT capacity and the related substation at Hut 8's River Bend campus, reimburse Hut 8 for a portion of its prior equity contributions to the issuer that were used to fund capital expenditures relating to the Project, fund debt service reserves, and pay fees and expenses in connection with the offering.The offering is expected to close on April 30, 2026, subject to market and other conditions, said the company."The Notes will constitute senior secured obligations of the Issuer and will be secured by first-priority liens on substantially all assets of the Issuer, other than certain excluded property, as well as a pledge of the equity interests in the Issuer held by Hut 8 DC Member LLC, the direct parent company of the Issuer. The Notes are non-recourse to Hut 8," added the company.Shares in HUT were down near 1.9% in Canada yesterday.

$HUT.TO

Mining & Metals57d ago

Earnings Flash (TMG.V) Thermal Energy Int'l Reports Q3 Revenue C$9.4M, Up 62%; Net Income $338,000 From Loss of $403,000

$TMG.V

Mining & Metals57d ago

Mayfair Gold Provides Q1 Progress Update on Fenn-Gib Gold Project

Mayfair Gold (MFG.V) provided a progress update for the first quarter as it advances the Fenn-Gib gold project in Ontario toward a construction decision in 2028, the company said Monday.During the quarter, the company advanced the integration and interpretation of the multi-year environmental baseline studies initiated in 2023.Work focused on advancing and consolidating studies into technical packages to support an application into Ontario's One Project, One Process framework and advancement of the Environmental Assessment processes with the province.Mayfair submitted the Notification of Project Status during the first quarter, signaling the intent to advance the project into production and is now awaiting formal guidance and next-step requirements from the Ministry of Energy and Mines.The company awarded the EA and permitting mandate to Egis Canada, previously operating as Ecometrix.Geotechnical fieldwork resumed in early 2026 for the proposed tailings storage facility, site infrastructure areas and the process plant. The company also advanced pump testing activities to strengthen the understanding of groundwater conditions across the project area.The company is moving toward detailed engineering later this year, as well as toward permitting and regulatory approvals for the project.

$MFG.V

Mining & Metals57d ago

UraniumX Discovery Enters Into Option Agreement With Pond Technologies Regarding Zoo Bay Uranium Project

UraniumX Discovery (STMN.CN) entered into a letter of intent (LOI) with Pond Technologies Holdings, with the parties intending to enter into an option agreement regarding UraniumX's Zoo Bay Uranium project, it said overnight Monday.The LOI will form the basis under which Pond will engage in a "change of business" and "RTO" in connection with the TSX Venture Exchange policies, it added.Shares of the company edged down 4% to $0.12 on Monday on the Canadian Securities Exchange.

$STMN.CN

Mining & Metals57d ago

Calian Says Signed Over $200M in Q2 Canadian Defence Contracts

$CGY.TO

Mining & Metals57d ago

VersaBank Says Received TSX Approval For Renewal of NCIB

$VBNK.TO

Mining & Metals57d ago

Galaxy Digital Q1 2026 Net Loss of US$216M and Diluted and Adjusted EPS of $US(0.49)

$GLXY.TO

Mining & Metals57d ago

Fury Gold Mines Initiates Environmental Baseline Studies at Eau Claire Gold Project in Quebec

$FURY.TO

Mining & Metals57d ago

Carlyle Group Cited As Being Interested As CAE Evaluates Strategic Alternatives, notes RBC Capital Markets

An unconfirmed report, via a Betaville "uncooked" alert, is circulating that CAE (CAE.TO, CAE) is working with an adviser to evaluate strategic alternatives for all or part of the business, with Carlyle Group (CG) cited as one interested PE party, RBC Capital Markets noted in a note dated April 27."We view this as neutral, as it is consistent with commentary from management's most recent earnings call (Q3 FY2026, February 13, 2026), where CEO Matt Bromberg explicitly disclosed that CAE had completed a bottom-up portfolio review, identified non-core assets representing near 8% of revenue, and had already engaged advisers on potential transactions -- while cautioning that these transformations typically take 18-24 months," RBC said."With no incremental detail beyond the unconfirmed report, we don't see this as a standalone catalyst, though we note CAE trades at low-teens EV/EBITDA and high-20s P/E, which provides some context for evaluating potential transaction economics alongside any strategic considerations," RBC added.Shares in CAE were down about 0.15% in US premarket trade today amid lower broader stock futures markets.

$CAE$CAE.TO$CG

Mining & Metals57d ago

Aurora Advancing Global Medical Cannabis Portfolio with New Product Launches Across Key International Markets

$ACB.TO

Mining & Metals57d ago

Perseus Mining Completes First Underground Production Blast at CMA Project

Perseus Mining (PRU.TO) has completed the first underground production blast at its CMA Underground project, marking the continuation of the project's ramp up toward steady-state production scheduled for the third quarter of fiscal 2027, the company said Tuesday.The blast was fired from the Yaoure Gold Mine in Cote d'Ivoire, with excavation of the first production ore commenced immediately.The CMA Underground mine is both the first mechanized underground mine in Cote d'Ivoire and the first for Perseus."The first production blast is a defining moment for Perseus and Cote d'Ivoire, representing the culmination of many months of intensive underground development, drilling and infrastructure installation," said Craig Jones, managing director and chief executive officer of Perseus.

$PRU.TO

Mining & Metals57d ago

Orvana Minerals Completes 14 Drill Holes in Fiscal Q2 at Orovalle Operation

Orvana Minerals (ORV.TO) completed a total of 14 drill holes during the fiscal second quarter across its El Valle-Boinas and Lidia areas of the Orovalle operation in northern Spain, the company said in an exploration update released late on Monday.The company's ongoing exploration programs at Orovalle are focused on extending known mineralization and supporting potential mine life growth.At El Valle-Boinas, the company drilled 2,845 meters during the quarter, mainly focused on Area 208 and Black Skarn. Infill drilling supports the continuity of oxide-hosted gold mineralization in Area 208, which remains open to the east.Brownfield drilling intersected gold mineralization in Area 208. Significant intercepts include 2.00 m at 19.55 grams per tonne gold and 0.30% copper and 6.00 m at 6.78 g/t gold.At Lidia, 880 m were drilled during the quarter, completing the fiscal year program, for a total of 1,427 m drilled. Results indicate that the target remains open to the southwest.

$ORV.TO

Mining & Metals57d ago

Nevada King Gold Corp. Doubles Phase 4 Drill Program To 40,000 Metres, Provides Assay Results From Silver Park and a Project Wide Permitting Update

$NKG.V

Mining & Metals57d ago

Mineros Partners with Vikram Sodhi Center for AI-Enabled Mining

Mineros SA (MSA.TO) has partnered with the Vikram Sodhi Center of Excellence for Enabling Artificial Intelligence in Geological and Mining Systems for AI-enabled mining.The center, established by the Indian Institute of Technology, Kharagpur, is funded for its first five years through a personal philanthropic donation of about US$1.8 million from Mineros Vice Chairman of the Board of Directors.The center is focused on the development of advanced artificial intelligence systems for practical application across the mining value chain.Under the partnership, Mineros will be a key industrial partner for field validation of AI-based solutions, making selected operations in the Bajo Cauca region of Antioquia available under a "Living Laboratory" model.Initial areas of focus include predictive maintenance, metallurgical optimization and real-time operational monitoring. Over time, the collaboration is expected to extend across five integrated verticals: exploration, mine planning, processing, predictive maintenance and ESG analytics.A priority area for Mineros will be the development of ESG analytics capabilities through sensor-based monitoring systems.The partnership also establishes a knowledge corridor between India and Colombia, facilitating the exchange of researchers, engineers and doctoral students while supporting the development of local capabilities in geosciences, AI and high-performance computing.

$MSA.TO

Mining & Metals57d ago

Nasdaq 100 Futures Down 0.65% and S&P Futures Down 0.25%

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals57d ago

Barrick Advancing IPO of North American Gold Assets, Announcing Executive Appointments

Barrick Mining Corporation (NYSE:B and ABX.TO) has made several executive appointments and provided an update regarding the planned initial public offering of a minority stake of a new company that will hold its North American Gold Assets, the company said Tuesday.An executive leadership team dedicated exclusively to North American Barrick has been appointed. the company said. "They have been working successfully together for many months. The team consists of experienced and proven Barrick veterans with deep expertise in operations, exploration, and development," it added.The team reports to Mark Hill, Barrick President and CEO, and is comprised of: Tim Cribb, Chief Operating Officer; Wessel Hamman, Chief Financial Officer; Joe Heckendorn, Chief Legal Officer & Corporate Secretary; Megan Tibbals, Chief Technical Officer; Richard Barley, Chief HR Officer; Javier Ortuzar, Vice President, Exploration; and Amanda Steensen, Vice President, Sustainability.Barrick said North American Barrick will include a portfolio of four tier one gold assets located in premier mining jurisdictions in North America: Carlin, Cortez, and Turquoise Ridge in the Nevada Gold Mines complex and the Pueblo Viejo mine in the Dominican Republic. North American Barrick's assets produced approximately 2.0Moz of gold in 2025 attributable to Barrick's interests.North American Barrick will also include Barrick's wholly-owned Fourmile gold project, located adjacent to NGM. It said: "Barrick believes Fourmile is one of the most significant gold discoveries of this century and will be a significant high-grade and low-cost growth opportunity in North American Barrick's portfolio. It is anticipated that Fourmile will eventually be contributed to the NGM joint venture, in accordance with the NGM Joint Venture Agreement."Barrick said it has identified what it believes to be the optimal structure for the IPO of its North American assets. North American Barrick is expected to have its primary listing in New York, with a secondary listing in Toronto, subject to customary SEC registration and Canadian prospectus qualification processes. Barrick added it is on track to complete the IPO by the end of 2026, subject to market and other conditions and necessary approvals.The company anticipated that the IPO will abide by all applicable commitments in Barrick's Joint Venture Agreements. "Barrick's leaders have been meeting with their counterparts at Newmont to discuss improving performance at NGM, the proposed IPO, and the timeline of the vend-in on Fourmile. While Barrick is free to pursue the IPO unilaterally, it is working in close collaboration with its Joint Venture partner to ensure value is created and maximized for all."Shares in Barrick were down 1.2% in Canada yesterday. It lost 1% in US trading yesterday and was at last look down 1.6% in US premarket.

$ABX.TO

Mining & Metals57d ago

Nasdaq Futures Down 0.55% As Open AI Reportedly Misses Its Own User and Sales Goals

S&P/TSX CompositeS&P/TSX Composite

Showing 3361-3380 of 4147

Mining & Metals57d ago

Barrick Advancing IPO of North American Gold Assets, Announcing Executive Appointments

$ABX.TO