Financial News · Live Terminal

Page 17 of 206

Mining & Metals7d ago

Almonty Industries Providing Update on Large-Scale Drilling Program at Sangdong Molybdenum Project

$AII.TO

Mining & Metals7d ago

First Mining Announcing Springpole Project Authorization From Cat Lake First Nation and Lac Seul First Nation On Completion of Anishnaabe Led Impact Assessment

$FF.TO

Mining & Metals7d ago

West Red Lake Gold Launches Surface Drilling at Starratt-Olsen Gold Mine

West Red Lake Gold Mines (WRLG.V) Tuesday said it has begun a surface drilling program at the Starratt-Olsen Mine, which is 1.1 kilometers southwest of its Madsen Mine In northwestern Ontario.The program at the past-producing Starratt will consist of up to 4,000 meters of oriented HQ diameter diamond drilling. It is the first focused effort in drill testing the main areas of historic mining at Starratt since mining ceased in the 1950s, a statement said.Starratt is the second largest gold producer historically on the Madsen property with ~164,000 ounces of gold produced between 1948-1956 at an average grade of 6.17 grams per tonne gold, the company said.The drill program is expected to be completed mid-August.West Red Lake Gold shares closed up $0.02, to $0.69, on Monday on the TSX Venture Exchange.

$WRLG.V

Mining & Metals7d ago

Troilus Mining Provides Latest Drill Results from Connector Zone

Troilus Mining (TLG.TO) posted the latest drill results from the Connector Zone as part of its ongoing 2026 exploration program at the Troilus project in Quebec, the company said Tuesday.Highlights include 1.15 grams per tonne (g/t) gold equivalent over 37 meters, including 3.84 g/t gold equivalent over 5 m.The latest results continue to demonstrate the presence of higher-grade mineralization within the Connector area and support the company's objective of evaluating opportunities to improve future mine planning, including potential resource conversion, pit sequencing, strip ratio optimization and early-year mill feed, Troilus said."The latest results are encouraging not only because they continue to demonstrate high grades and continuity in the Connector area, but because they are located in a part of the deposit that is planned for early-stage mining activities," CEO Justin Reid said.The Connector Zone has been a priority near-mine target since high-grade mineralization was first identified between the Z87 and J pits in 2022, Troilus said.Troilus' 2026 program was designed to build on this work by targeting mineralization in areas already incorporated into the current mine plan, where successful upgrading of inferred material could positively impact future project economics, according to Troilus.

$TLG.TO

Mining & Metals7d ago

Verde AgriTech's Magnes Rare Earths Reports On Minas Americas Rare Earth Project

$NPK.TO

Mining & Metals7d ago

S&P Futures Now Up Near 0.1% and Nasdaq 100 Futures Now Up 0.3%

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals7d ago

Ballard Power Systems Announces Order for 15 MW in the Stationary Power Market

Ballard Power Systems (BLDP.TO, BLDP) announced late Monday an order of 15 megawatts (MW) of fuel cell systems for stationary applications from a company specializing in renewable off-grid power generation.The order, comprising 150 FCmove-HD+ 100 kW fuel cell modules, marks the second order of this scale, following a similar order placed in 2024, said the company.Deliveries are expected to start in the second half of 2026."This order reflects continued market adoption of zero-emission fuel cell solutions for off-grid stationary power applications and a positive endorsement from our partner on the ability of the FCmove-HD+ module to provide quiet, clean, economical and reliable low-carbon power wherever and whenever it is needed," said Marty Neese, Ballard's CEO. "When paired with Ballard's integrated service offerings, including predictive maintenance and performance optimization, we are able to fully support our customer in providing clean, reliable hydrogen power solutions."U.S.-listed shares of the company were last seen up 0.96% at US$4.20 in pre-market trading.

$BLDP.TO

Mining & Metals7d ago

Coyote Copper Mines Upsizes Non-Brokered Financing to C$8.5 Million

Coyote Copper Mines (CCMM.V) upsized its non-brokered financing to C$8.5 million, citing "overwhelming demand," the company said late on Monday.The company will issue up to 34 million units to be issued at $0.25 per unit. Each unit consists of one fully-paid and non-assessable common share and one half common share purchase warrant, for aggregate gross proceeds of up to $8.5 million.Two half warrants will entitle the holder to purchase one common share in the capital of the company. Each warrant will expire 36 months from the date of issue and will entitle the holder to purchase one common share at a price of $0.50 per warrant share.Proceeds will be used for exploration and general corporate purposes.The closing of the final tranche of the offering is expected on or before June 16, subject to TSX Venture Exchange approval.

$CCMM.V

Mining & Metals7d ago

Groupe Dynamite Q1 Adjusted Earnings and Revenue Jump; Tweaks FY26 Guidance

Fashion retailer Groupe Dynamite (GRGD.TO) on Tuesday reported higher than expected first quarter adjusted net earnings, even as revenues just missed forecast, while it tweaked its fiscal 2026 guidance.Adjusted net earnings, which excludes most one-time items, more than doubled to $57.3 million or $0.50 per adjusted diluted share, and beat the $0.44 forecast by analysts polled by FactSet. The company reported adjusted earnings of $28.4 million, or $0.25 per adjusted diluted share in the prior year period.Total revenue surged 37% to $310.6 million over the same period, just below the $311.6 million expected. This growth was boosted by a 22.6% increase in comparable store sales and contributions from new stores, the company said. Online revenue jumped near 36% to $50.6 million in the quarter.Groupe Dynamite also tweaked its fiscal 2026 guidance and is now guiding to adjusted EBITDA margin of between 38.25% to 39.5%, above the previous 37.75% to 39.25%. It is reducing the number of net new store openings to 8 to 10, down from the previous 10 to 12."Q1 was a strong start to fiscal 2026. Across both GARAGE and DYNAMITE, customers responded positively to our assortments, marketing campaigns and the consistency of the experience we deliver across channels. Our real estate strategy continues to be a significant driver of growth, customer acquisition and profitability. By opening new locations in premium centers, optimizing our fleet and delivering a compelling in-store experience, we continue to drive significant productivity improvements across our store network," said chief operating officer Stacie Beaver.Groupe Dynamite shares closed up $5.27, to $74.44 on Monday on the Toronto Stock Exchange.

$GRGD.TO

Mining & Metals7d ago

Foraco International Says Founders Simoncini and Charmensat Completes Planned Share Sales

Foraco International SA (FAR.TO) said late Monday that its founders, Daniel Simoncini and Jean-Pierre Charmensat, have informed the company that they completed sales of Foraco ordinary shares as part of their long-term personal and estate planning.On Dec. 3, 2025, Simoncini disposed beneficial ownership of 1-million ordinary shares for $2.3 million through the facilities of the Toronto Stock Exchange (TSX) and on June 12, 2026, Simoncini disposed beneficial ownership of 2-million ordinary shares for $6 million through TSX, after which Simoncini owned or controlled, indirectly, 10.6-million ordinary shares, representing 10.65% of the issued and outstanding ordinary shares, representing a change of 3.02% in Simoncini's shareholdings in Foraco. All of the ordinary shares controlled by Simoncini are owned by Financiere Berlaimont SARL, an entity controlled by Simoncini.On May 5, Entremont SARL, an entity controlled by Charmensat, filed a Form 45-102F1 under the company's SEDAR+ profile in which Entremont disclosed its intention to sell up to 3-million ordinary shares. On May 13, Charmensat disposed beneficial ownership of 1-million ordinary shares for $3 million through TSX, following which Charmensat ceased to be a control person of Foraco.On June 12, Charmensat disposed beneficial ownership of 2-million ordinary shares for $6 million through TSX, after which Charmensat owned or controlled, directly or indirectly, 17.6-million ordinary shares, representing 17.72% of the issued and outstanding ordinary shares, representing a change of 3.02% in Charmensat's shareholdings in Foraco. The company said that 100% of those ordinary shares controlled by Charmensat are owned by Entremont.Shares of the Foraco closed down 0.6% to $3.1 on Monday on the TSX.

$FAR.TO

Mining & Metals7d ago

Aya Gold & Silver Added to the VanEck Gold Miners ETF

$AYA.TO$GDX.TO

Mining & Metals7d ago

Troilus Adds Drilling Extends High-Grade Mineralization Within Current Mine Plan Area

$TLG.TO

Mining & Metals7d ago

Troilus Says Drilled 1.15 g/t AuEQ Over 37 m, Including 3.84 g/t AuEQ Over 5 m, at Connector Zone

$TLG.TO

Mining & Metals7d ago

Tamarack Valley Energy Closes Sale of Charlie Lake Assets for C$804.0 Million

Tamarack Valley Energy (TVE.TO) has closed the sale of its Charlie Lake assets for cash consideration of C$804.0 million, before closing adjustments, the company said on Tuesday.Tamarack and the counterparty completed the deal two weeks ahead of expectations following the receipt of regulatory approvals.The deal has eliminated Tamarack's net debt with a portion of the net proceeds initially being used to repay amounts drawn under the credit facility.The net proceeds will also support the acceleration of growth and waterflood development activities in the Clearwater.The company expects to exit the second quarter in a net cash position of greater than $125 million and available funding of $1.3 billion, including cash on hand of over $400 million and undrawn credit facility capacity of $875.0 million.Tamarack is now a pure-play Clearwater producer generating about 54,000 barrels of oil equivalent per day of low-cost, high-margin production, with an inventory of primary drilling and waterflood expansion opportunities in the Clearwater fairway.The deal has an effective date of April 1. As a result of the accelerated closing date, Charlie Lake production has been crystallized at about 8,000 boe per day for 2026.Tamarack lowered its full-year 2026 production guidance to 61,500 - 63,000 boe per day, down from the previous guidance of 62,000 - 64,000 boe per day. Clearwater production guidance for 2026 remains unchanged at 53,500 - 55,000 boe per day.

$TVE.TO

Mining & Metals7d ago

Earnings Flash (GRGD.TO) Groupe Dynamite Raised Adjusted EBITDA Margin Guidance for Fiscal 2026 to 38.25%-39.50%

$GRGD.TO

Mining & Metals7d ago

Earnings Flash (GRGD.TO) Groupe Dynamite Adjusted Diluted Net EPS Increased by 100% to $0.50 in Q1 2026

$GRGD.TO

Mining & Metals7d ago

Groupe Dynamite Revenue Increased by 37.0% to $310.6 million in Q1 2026

$GRGD.TO

Mining & Metals7d ago

Americore Resources Launches "Best Efforts" Private Placement of Units Worth Up to C$3 Million

Americore Resources (AMCO.V) is launching a "best efforts" private placement of a minimum of 2.7 million units up to 8.1 million units at a price of C$0.37 per unit for total proceeds of $1 million to $3 million, the company said late on Monday.Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of $0.50 per warrant share for a period of 36 months following the completion of the offering.The company has entered into an engagement letter with Canaccord Genuity as the lead agent for the offering.Net proceeds will be used by Americore to advance its Trinity silver project in Nevada, as well as for general working capital and corporate purposes.The offering is expected to close on or about June 30, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals and TSX Venture Exchange approval.

$AMCO.V

Mining & Metals7d ago

S&P Futures Down Less Than 0.1% and Nasdaq 100 Futures Up Less Than 0.1%

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals7d ago

Tamarack Valley Energy Closed Prior Announced Sale of Charlie Lake Assets

$TVE.TO

Showing 321-340 of 4104