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Mining & Metals69d ago

Blackberry's QNX and TKMS Collaborating to Bring Canadian Software Innovation to Global Naval Defence Programs

$BB.TO

Mining & Metals69d ago

Constellation Software's Vela Operating Group Entered Into Agreement To Buy A Majority Interest In Derbysoft

$CSU.TO

Mining & Metals69d ago

BRP Suspended FY27 Guidance Due to Changes to U.S. Tariff Environment

$DOO.TO

Mining & Metals70d ago

Golconda Gold Announces Record Quarterly Production For Its Galaxy Gold Mine

Golconda Gold (GG.V) on Tuesday reported record quarterly gold production in the first quarter from its Galaxy gold mine in South Africa.The company reported gold production of 3,693 ounces of gold in the quarter, up 25% from the year-prior period."We had a strong first quarter of 2026, with increases seen in ore mined, development and gold production compared to Q4 2025," chief executive Ravi Sood sad. "Mining at Galaxy 26 Level continued its ramp-up, adding a fourth working area to the mine, which is expected to further increase gold production going forward."The company's shares closed up $0.05 to $2.71 on TSX Venture Exchange.

$GG.V

Mining & Metals70d ago

CEMATRIX Renewing Normal Course Issuer Bid; Shares Hit 52 Week Highs Today

CEMATRIX Corporation (CEMX.TO), at a 52-week high today, after trade Tuesday said it received exchange approvals to renew its normal course issuer bid (NCIB).Under the NCIB, the the specialty concrete-products company may buy back and cancel up to 13.37-million shares, 10% of the public float. The NCIB will take effect on April 17, 2026 and run for 12 months.In connection with the NCIB, the company has entered into an automatic share purchase plan.Under its expiring NCIB, the company repurchased 1.48 million of an allowed 13.51-million shares.Shares in CEMATRIX closed up $0.02, or 3.9%, to $0.53 on the Toronto Stock Exchange.

$CEMX.TO

Mining & Metals70d ago

Couche-Tard Says It Has Priced a Private Debt Offering of Euro Denominated Senior Unsecured Notes Due 2033 With An Aggregate Principal Amount of 750M Euros

$ATD.TO

Mining & Metals70d ago

Brookfield Asset Management Prices US$550M of Notes Due 2031 and $450M Re-Opening of Notes Due 2036

$BAM.TO

Mining & Metals70d ago

Altus Group Unveils ARGUS Assist AI for Its ARGUS Intelligence Platform

Altus Group (AIF.TO) on Tuesday unveiled its latest agentic AI feature, ARGUS Assist, at its Altus Connect conference in Palos Verdes, California.ARGUS Assist is the first AI experience layer on the company's flagship ARGUS Intelligence platform. It provides a conversational interface embedded across the entire platform, making interacting with ARGUS data faster and more intuitive, Altus said in a statement.Unlike generic AI tools, the company said ARGUS Assist is "purpose-built" for commercial real estate. Users can ask questions or request analyses in natural language, and specialized AI agents automatically execute tasks across the ARGUS Intelligence platform. Instead of navigating multiple screens, tools, and calculations, users can quickly generate insights, perform analyses, and retrieve information through a single, intuitive interface."ARGUS Assist fundamentally changes how clients interact with the ARGUS Intelligence platform," said chief product and technology officer David Ross. "By transforming complex analytical workflows into simple, conversational requests, it serves as a digital companion for real estate professionals to help them evaluate investments, analyse portfolio performance, and uncover opportunities faster than ever.The company's shares closed $0.32 down at $49.92 on Toronto Stock Exchange on Tuesday.

$AIF.TO

Mining & Metals70d ago

Omai Gold Mines Up Near 10%, Posts 52 Week High, As Lifts Indicated Mineral Resources With Expansion of Wenot and Gilt Deposits

Omai Gold Mines (OMG.V) was at last look up near 10% and had posted fresh 52 week highs Tuesday after announcing an updated mineral resource estimate (MRE) on its Omai Gold Property in Guyana, including expansions to both the Wenot Deposit and Gilt Deposit.According to a statement, the Wenot indicated MRE increased 49.8% to 1.453 million of gold with an average grade of 1.59 grams per tonne (g/t) gold. The Wenot inferred MRE increased 7.6% to 3.99 million ounces grading 1.35 g/t gold.The adjacent Gilt deposit also saw an overall increase in ounces over the previous MRE, Omai said. Gilt's inferred MRE increased 120% to 1.456 million ounces averaging 3.22 g/t gold, while the indicated MRE fell by 9.5% to 1.04 million ounces averaging 3.33 g/t gold (in 9.7 Mt).A 50,000 meter drill program has begun with five drills turning. Omai's next major catalyst is the preliminary economic assessment (PEA), which is expected to be completed in two to three months. "We are continuing to aggressively drill to increase the Mineral Resources and to upgrade the Inferred Resources, as we set our sights on a future Prefeasibility or Feasibility Study. Drilling is now focused on the Wenot deposit and on certain nearby targets," said chief executive Elaine Ellingham.Omai Gold shares were last seen up $0.20, to $2.32 on the TSX Venture Exchange, having touched $2.39.Price: $2.31, Change: $+0.19, Percent Change: +8.96%

$OMG.V

Mining & Metals70d ago

PTX Metals Upsizes a Private Placement Offering to $5.5 Million

PTX Metals (PTX.V) on Tuesday said it upsized a non-brokered private placements to $5.5 million from $3 million.The company is offering $3.5 million worth of flow-through shares priced at $0.125 each and $2 million of common-share units priced at $0.11 each and made up of a share and one half of a three-year warrant to buy a share for $0.18.Proceeds will be used for general corporate expenses and working capital purposes and to use the gross proceeds from the sale of the FT shares to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures".Shares of the company were last seen unchanged at $0.115 on the TSX Venture Exchange.

$PTX.V

Mining & Metals70d ago

Taseko Mines up 5% as It Provides a Q1 Update For Florence Copper and the Gibraltar Mine

Taseko Mines (TKO.TO), up 5.3% on last look, on Tuesday provided first-quarter operational and production update results for Florence Copper and the Gibraltar Mine.The Florence Copper plant in Tucson, Arizona, began operations in mid-February and first copper cathodes were harvested at the end of February. For the first quarter, 1.5-million pounds of copper cathode were produced. Solutions have been flowing in the wellfield since late 2025 and initial copper leaching and production is in line with expectations, a statement said.The Gibraltar mine in British Columbia produced 30.0-million pounds of copper and 717,000 pounds of molybdenum in the first quarter, a 50% and 113% increase respectively over the same period in 2025. Copper sales in the first quarter were 27-million pounds, below production due to shipment timing."Despite recent global events, copper markets have remained very strong and the average LME copper price in the first quarter was 16% higher than the previous quarter. Diesel prices have also increased and, at current levels, would increase Gibraltar operating costs by approximately US$0.10 to US$0.15 per pound this year. At Florence Copper, we have a fixed price contract in place for all sulphuric acid requirements in 2026, so do not expect any impact from recent inflationary pressure and global supply chain issues. Overall, we continue to anticipate strong financial performance from steady Gibraltar production and growing production from Florence Copper," said chief executive Stuart McDonald.Taseko Mines shares were last seen up $0.54 to $10.78 on the Toronto Stock Exchange.Price: $10.73, Change: $+0.49, Percent Change: +4.79%

$TKO.TO

Mining & Metals70d ago

Orestone Mining Completes Its Phase One Exploration at the Francisca Gold Project in Argentina

Orestone Mining (ORS.V) on Tuesday said it wrapped up a Phase I exploration program at the Francisca Gold Project in Argentina.The company said mapping and sampling at Francisca outlined a "strongly sericite clay altered gold stockwork system" in highly limonitic sericite clay altered feldspar porphyry and hornfels hosted gold stockwork system. At the South Gold zone, mapping indicated a stockwork width from 40-70 meters averaging 50 meters along a 400-500 metre strike length.It said the South Gold zone consists of highly sericite clay altered porphyry and hornfels host rockscut by a dense stockwork of thin light brown limonite veinlets with thin dark quartz vein centers and thicker dark limonite quartz veins that are both vertical and shallow dipping. At the North Gold zone three, sub parallel en-echelon, highly altered and mineralized zones are present averaging 40-50 meters in width and with individual strike lengths of 100-150 meters.The southwestern zone consisted of highly altered porphyry and hornfels similar to the South Gold zone, while the two northern zones consist of sericite altered quartz manganese stockworks. It said that additional prospecting was carried out along strike to the north and south of the known gold mineralized stockwork, altered porphyry and hornfels zones.The company said that a total of 675 rock-chip samples were taken from the mineralized zones.Shares of the company were last seen down $0.005 to $0.09 on the TSX Venture Exchange.Price: $0.09, Change: $-0.01, Percent Change: -5.26%

$ORS.V

Mining & Metals70d ago

Majority of FirstService's Revenue "Economically Resilient", Says Stifel Canada

The macro backdrop this year has been increasingly murky with continued weak commercial construction activity, interest rate volatility, and record low consumer sentiment amid the Iran war, notes Stifel Canada.However, analyst Daryl Young sees the majority of First Service's (FSV.TO, FSV) revenue as economically resilient. Young, who is maintaining a buy rating and US$215.00 price target on the stock, says FirstService has also set the bar sufficiently low for 2026 in terms of mid-single-digit organic growth.In 2026, restoration should benefit from inclement winter weather to start the year, while Stifel Canada's roofing survey points to signs of the industry stabilizing (albeit still very challenging). The company has a very strong balance sheet and is poised to play offense should private equity challenges lead to a more attractive M&A environment, Young adds.FirstService reports its fourth-quarter earnings on April 23. Young is forecasting fourth-quarter revenue growth of 4.2% y/y, underpinned by 1.8% M&A growth and 2.4% organic growth.Price: $205.41, Change: $+0.38, Percent Change: +0.19%

$FSV$FSV.TO

Mining & Metals70d ago

Strathmore Plus Uranium Launches its Spring Drilling Program at the Agate Project in Wyoming

Strathmore Plus Uranium (SUU.CN) on Tuesday said exploration drilling at the Agate Project began on April 13.The company said the Agate Property is a potential in-situ recovery project located in the Shirley Basin Uranium District of central Wyoming. For the Spring exploration program, the company said it plans to drill up to 50 holes, targeting on-trend mineralization previously defined in 2023-25.The goals of the 2026 program are to discover new undocumented mineralization, perform step-out drilling to define and extend the known trends, verify and validate historic Kerr McGee drilling records, and identify new claim additions, the company said.Strathmore said that it has completed over 250 drill holes to date, with mineralization intersected in 95% of all holes."The company hopes to continue this high level of success during its spring drilling program," it added.Shares of the company were last seen up $0.01 to $0.16 on the Canadian Securities Exchange.Price: $0.16, Change: $+0.01, Percent Change: +6.90%

$SUU.CN

Mining & Metals70d ago

TSX up 152 Points at Midday, Led by Gains in Tech Stocks and Financials

The Toronto Stock Exchange is up 152 points at midday, climbing back over the 34,000 mark, with tech stocks (+3.3%) the best performer, followed by financials (+0.7%).Energy, pulled down by lower oil prices, is the biggest decliner, down 2.3%.In domestic news, Prime Minister Mark Carney, who now has a Liberal majority after winning three byelections on Monday, announced this morning that Canada will suspend a federal fuel tax on diesel and gasoline until Labour Day.In company news, Chemtrade Logistics (CHE-UN.TO) units have plunged 17.4% to $14.67 after it reported that a rezoning application for its facility in North Vancouver, B.C., was rejected. The facility is the largest producer of liquid chlorine to treat drinking water in Canada, producing over 40% of the country's supply.The market just wrapped up a relatively solid quarter, marked by economic and geopolitical uncertainty, ending with Canadian stocks in the green, Morningstar wrote recently.The Morningstar Canada Index is up over 5% in the year to date and nearly 50% over the past 12 months, led by the energy and basic materials sectors. Amid the market turbulence, it said four stocks in the telecom, consumer cyclical, and industrials sectors look the most undervalued.These are Thomson Reuters (TRI.TO), Gildan Activewear (GIL.TO), Rogers Communications (RCI-B.TO) and Telus (T.TO). Morningstar analysts think these stocks have a "narrow economic moat", meaning they should maintain a competitive edge for the next 10 years.

S&P/TSX CompositeS&P/TSX Composite$CHE-UN.TO

Mining & Metals70d ago

Dryden Gold to Raise $7.5 Million in a Private Placement of Flow-Through and Charity Flow-Through Shares

Dryden Gold (DRY.V) on Tuesday said it will seek to raise $7.5 million from non-brokered private placement.The company said it will place up to a maximum of 17.95-million shares comprised of both flow-through shares (FT shares) and charity flow-through shares (CFT shares). The FT shares will be offered at $0.41 per share and the CFT shares will be offered at $0.4521 per CFT shares.Proceeds will be used to expand its drill program at its Hyndman project following permitting and summer fieldwork results. Dryden will also significantly expand its drill program at Gold Rock testing at depth and along strike.The company said the "district scale opportunity" will be further tested with an expanded summer field campaign to support targeted drill testing of priority anomalies. Additional field work will include detailed geological mapping, prospecting, tighter-spaced till substrate sampling and a gold-in-till program on newly acquired property at Hyndman.The financing may close in one or more tranches. An amount equal to the gross proceeds from the issuance of the FT shares and the CFT shares will be used to incur eligible resource exploration expenses which will qualify as "Canadian exploration expenses" and as "flow-through mining expenditures".Shares of the company were last seen up $0.005 to $0.35 on the TSX Venture Exchange.Price: $0.35, Change: $+0.01, Percent Change: +1.45%

$DRY.V

Mining & Metals70d ago

Correction: CIBC Says GFL Offer to Acquire Secure Waste Infrastructure Provides "Attractive" Premium to Shareholders

(Corrects name of the target company in the headline and first paragraph to Secure Waste Infrastructure.)CIBC Capital Markets believes GFL Environmental's (GFL.TO, GFL) $6.4-billion offer to acquire Secure Waste Infrastructure (SES.TO) provides shareholders with an attractive premium, while also retaining potential upside of the combined company.In a note, analyst Jamie Kubik, who has raised his price target on Secure to $24.75 to reflect the offer price, and moved his rating to tender from neutral, says the combined company provides Secure shareholders access to additional segments of the waste management value chain, resulting in less revenue concentration and enhanced growth potential.The increase in GFL's float capitalization could also enhance potential for broader future equity-index inclusions, he adds.Canadian Competition Bureau review of this deal will be watched closely given recent history, Kubik says. The Bureau previously challenged GFL's acquisition of Terrapure and Secure's acquisition of Tervita, with the latter review resulting in the forced disposition of select Tervita assets."Given select Tervita assets were already carved out of the Secure platform, we believe it is unlikely further dispositions of such a magnitude would be required, but nonetheless we will be interested to see how the Canadian Competition Bureau views this transaction."Price: $21.90, Change: $-0.54, Percent Change: -2.41%

$GFL$GFL.TO$SES.TO

Mining & Metals70d ago

BMO Reiterates K92 Mining's Outperform Rating, C$33.00 Price Target

BMO Capital Markets on Tuesday maintained its outperform rating on the shares of K92 Mining (KNT.TO) outperform rating and C$33.00 price target following the company's first-quarter production results.K92's first-quarter production of 46,743 gold-equivalent ounces at the Kainantu mine in Papua New Guinea beat BMO's estimate of 40,000 ounces.The beat was driven by positive grade reconciliation seen intermittently in 2024 and 2025 from the Judd vein, BMO said.BMO said it is encouraged by the progress in underground development meters in the first quarter and notable progress on deliverables to ramp up the phase-three expansion in the second half.Price: $26.54, Change: $+0.65, Percent Change: +2.51%

$KNT.TO

Mining & Metals70d ago

CIBC Confirms Outperformer Rating on Celestica and Raises Target to US$425 Ahead of Q1 Results

CIBC Capital Markets maintained its outperformer rating on the shares of Celestica (CLS.TO, CLS) and raised its price target to US$425 from US$360 ahead of its first-quarter financial results.The bank said it continues to view management's guidance and current FactSet consensus for Q1 and 2026 "as conservative," reflecting improved visibility into capital expenditure plans at key hyperscalers (GOOGL, META, AMZN) and OpenAI. It noted that results have exceeded consensus by an average of about 5% on revenue and about 10% on earnings per share since March 2022.It also noted that the 2025 results were about 20% higher than the initial outlook provided in October 2024. CIBC said recent announcements suggest this trend has continued and is pulling forward customer demand from 2027 into 2026, supporting its positive thesis.CIBC's updated price target is based on a blended valuation of 32x its 2027 EPS estimate and 24x its 2027 EBITDA estimate."We believe this change is supported by improved visibility and is broadly consistent with higher networking and EMS peer valuations," said analyst Todd Coupland. "We raised our target multiples for Celestica to reflect improved visibility to upward revisions in AI datacentre capex spending from significantly improved model performance."(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $532.84, Change: $+27.72, Percent Change: +5.49%

$CLS.TO

Mining & Metals70d ago

CIBC Says GFL Offer to Acquire Secure Energy Provides "Attractive" Premium to Shareholders

CIBC Capital Markets believes GFL Environmental's (GFL.TO, GFL) $6.4-billion offer to acquire Secure Energy Services (SES.TO) provides shareholders with an attractive premium, while also retaining potential upside of the combined company.In a note, analyst Jamie Kubik, who has raised his price target on Secure to $24.75 to reflect the offer price, and moved his rating to tender from neutral, says the combined company provides Secure shareholders access to additional segments of the waste management value chain, resulting in less revenue concentration and enhanced growth potential.The increase in GFL's float capitalization could also enhance potential for broader future equity-index inclusions, he adds.Canadian Competition Bureau review of this deal will be watched closely given recent history, Kubik says. The Bureau previously challenged GFL's acquisition of Terrapure and Secure's acquisition of Tervita, with the latter review resulting in the forced disposition of select Tervita assets."Given select Tervita assets were already carved out of the Secure platform, we believe it is unlikely further dispositions of such a magnitude would be required, but nonetheless we will be interested to see how the Canadian Competition Bureau views this transaction."Price: $21.80, Change: $-0.64, Percent Change: -2.85%

$GFL$GFL.TO$SES.TO

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