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RBC Favors AltaGas In Potential LPG Supply Shift Amid Iran War

RBC Capital Markets said over the weekend that AltaGas (ALA.TO) is its most favored way to play a potential global supply shift for the liquefied petroleum gas sector.RBC said investors are expected to focus on LPG export amid the war in Iran.AltaGas operates two joint venture terminals in Prince Rupert, British Columbia, and owns an LPG export terminal in Ferndale, Washington State."Although AltaGas can benefit from wider margins for spot cargoes, we believe the greatest upside is if it can secure new long-term tolling contracts to underpin further expansions of its Ridley Island Energy Export Facility," RBC said."While a smaller proportion of its business, Pembina Pipeline (PPL.TO) has its Prince Rupert Terminal that exports LPGs as well as holding LPG export capacity through AltaGas' infrastructure," RBC added.AltaGas is part of the RBC Global Top 30 list.Price: $49.40, Change: $+0.51, Percent Change: +1.04%

$ALA.TO$PPL.TO

Mining & Metals110d ago

BioRem Up 15% As Q4 Net Earnings, Revenue Jump

BioRem (BRM.V) up 15% on last look, Monday said that fourth-quarter net earnings jumped as revenue almost doubled.The clean technology company said net earnings advanced to $2.7 million, or $0.16 per diluted share, from net earnings of $0.2 million, or $0.01 per diluted share, in the prior year period.Quarterly revenue almost doubled to $16.94 million, from $9.3 million over the same period.The total order bookings for the year were $54.4 million, a 32% increase in bookings over the bookings in 2024 of $41.3 million.BioRem's order backlog stood at $65.3 million on Dec. 31, 2025 compared with $56.1 million on Dec. 31, 2024.BioRem shares were last seen up $0.39, to $2.96, on the TSX Venture Exchange.Price: $2.96, Change: $+0.39, Percent Change: +15.18%

$BRM.V

Mining & Metals110d ago

Xtract One Technologies Selected By Health PEI For Phased Rollout Of Tech-Driven Security Systems Across Prince Edward Island

Xtract One Technologies (XTRA.TO) Monday said that its SmartGateway has been selected by Health PEI, the agency delivering publicly-funded health services on Prince Edward Island, to support its ongoing commitment to patient, staff and visitor safety across its numerous facilities.The company said that the phased rollout deployment will enable Health PEI to continue delivering on its "commitment to providing safe, quality health care to all Islanders in today's modern threat environment.""This deployment ushers the Company's technology into a fourth province, with more continuing to evaluate deployment," added the company.The company noted that SmartGateway delivers "intelligent, high-throughput security screening using advanced AI-powered sensors that discreetly detects weapons and prohibited items as individuals enter a facility.""Healthcare environments require security solutions that protect people without disrupting care or creating unnecessary stress for patients, medical professionals, visitors, or staff. SmartGateway provides the balance of protection and efficiency needed to streamline operations so organizations like Health PEI can focus on essential care," said Peter Evans, chief executive of Xtract One."Welcoming Health PEI to our growing base of public healthcare customers in Canada affirms the value of our solutions in the healthcare sector. We're proud to work with Health PEI as the organization advances a safety-first approach that strengthens care delivery across the province."The company's shares were last seen unchanged at $0.445 on the Toronto Stock Exchange.

$XTRA.TO

Mining & Metals110d ago

Earnings Flash (MENE.V) Mene Inc. Reports Q4 IFRS Revenue C$9.7M, Up 7% YoY; Net Income $1.6M

$MENE.V

Mining & Metals110d ago

SPARC AI Says Signed Second Ukrainian Drone Manufacturer, Expanding Distribution Footprint for GPS-Denied Software Platform; Shares up 15.5%

SPARC AI Inc (SPAI.CN) on Monday said that it signed a second Ukrainian drone manufacturer to its Overwatch platform, marking "continued commercial momentum" for the company's GPS-denied navigation and precision targeting software.The company said that this agreement is independent of it's previously announced Ukrainian partnership and opens a second distribution channel into the "world's most demanding" electronic warfare environment."Each new manufacturer integration expands the Company's installed base and deepens the operational data feeding its proprietary machine learning models," said the company.It added that all Overwatch deployments remain subject to applicable export control and defence trade compliance requirements."SPARC AI's go-to-market strategy is designed to embed Overwatch as standard infrastructure across drone and robotic platforms," said the company. "Securing a second independent manufacturer in Ukraine validates both the demand for the Company's software-only approach and the repeatability of its distribution model."Shares of the company were last seen up $0.44 at $3.26 on the Canadian Securities Exchange.Price: $3.20, Change: $+0.38, Percent Change: +13.48%

$SPAI.CN

Mining & Metals110d ago

Leading Edge Materials Nearing Positive Recommendation In Sweden for Norra Karr Project

Leading Edge Materials (LEM.V) said Monday that the Swedish Mining Inspectorate has recommended approval of the company's exploitation concession for the Norra Karr rare earths project.Following the positive recommendation, Leading Edge said every government agency in the permitting process to date has either endorsed the company's application or recommended its approval.The final decision now rests with the Swedish government, Leading Edge said."An exploitation concession would represent a transformative milestone for the company, giving both investors and customers the confidence they need to move forward alongside us," Chief Executive Officer Kurt Budge said."The security it provides over the Norra Karr deposit will enable us to accelerate our technical, environmental and social studies, and to advance through the remaining permitting stages toward eventual construction and production of critically important heavy rare earth elements," Budge added.Price: $0.28, Change: $-0.01, Percent Change: -1.79%

$LEM.V

Mining & Metals110d ago

Banyan Gold Announcing $46.5 Million Private Placement

$BYN.V

Mining & Metals110d ago

E3 Lithium to Begin Phase Two Operations of Demonstration Facility for Clearwater Project

E3 Lithium (ETL.V) said Monday that it is ready to commence phase-two operations at its demonstration facility for the Clearwater project in Alberta after completing well development and pump installation.The company said data collected from the phase-two operations will be used to complete a feasibility study on Clearwater.Under phase two, E3 said it aims to complete a reservoir production test to further delineate flow through the Leduc Reservoir and to collect water and gas chemistry data.E3 said it has submitted a Directive 51 application after completing the wells. After receiving the license, the site will begin operations, which are expected to run for 8-12 weeks before moving to phase three.Phase three of the demo will produce nearly 100 tonnes per year of lithium carbonate equivalent in lithium chloride. The company said it plans to use the material to advance offtake discussions.E3 said the demo is crucial for the development of the Clearwater project, which will produce 12,000 tonnes per year of lithium carbonate in the first phase.

$ETL.V

Mining & Metals110d ago

Blossom Gold Appoints John DeDecker as Vice President, Exploration

Blossom Gold (BGAU.TO) on Monday announced the appointment of John DeDecker as Vice President, Exploration effective today.John DeDecker brings "distinguished academic foundation" and over a decade of hands-on industry experience to the Blossom Gold team, stated the company.The company further said that, most recently, he served as Vice President of Exploration at Eskay Mining Corporation (ESK.V).Rick Winters, Chief Executive Officer of Blossom, said: "His exceptional academic background, genetic model-driven exploration philosophy, and proven track record leading large-scale drill programs make him an outstanding addition to our senior leadership team. John's breadth of experience across a wide range of deposit types, but especially epithermal deposits, will be invaluable as we continue to rapidly advance the Rosebud Project."

$BGAU.TO$ESK.V

Mining & Metals110d ago

American Hotel Income Properties Announces Settlement With Management Company One Lodging

American Hotel Income Properties REIT (HOT-UN.TO) Monday announced a settlement agreement resolving the disputes with its master hotel manager, One Lodging, a subsidiary of Aimbridge Hospitality.The agreement reduces the currently deferred termination fees and future termination fees, and also waives all deferred management fees. AHIP will make a one-time payment of $2.3 million to One Lodging, to settle a current liability of $6.2 million for currently deferred termination fees.The master hotel management agreement between AHIP and One, along with all individual hotel management agreements with subsidiaries, will terminate on Jan. 31, 2027, subject to a three-month extension right which may be exercised by AHIP in advance. One Lodging will manage AHIP's properties till then.American Hotel units closed up $0.005, to $0.475 on Friday on the TSX Venture Exchange.

$HOT-UN.TO

Mining & Metals110d ago

Erdene Resource's Bayan Khundii Mine Records 94% of Target Production Throughput in Q1

Erdene Resource Development (ERD.TO) said Monday that the Bayan Khundii gold mine in Mongolia achieved 94% of the target production throughput during the first quarter.The mine achieved commercial production in the first quarter, processing 151,000 tonnes of ore for an average of 1,675 tonnes per day.Bayan Khundii also recorded an average throughput of nearly 90% of nameplate capacity while gold recovery averaged over 96%, exceeding projections in the most recent feasibility study.To date, the mine has produced 15,961 ounces of gold, Erdene said.Erdene Mongol, Erdene Resource's joint venture with Mongolian Mining, generated gross revenues of US$42 million during the quarter after it recorded sales of 8,527 ounces of gold and 3,135 ounces of silver. Average prices stood at $4,872/oz of gold and $80/oz of silver.

$ERD.TO

Mining & Metals110d ago

New Found Gold Up In US Premarket As Announces $205M Funding Package to Advance Queensway Project

New Found Gold (NFG.V) was at last look up 1.6% in US Premarket trade Monday after announcing a $205 million finance package made up of a $100 million bought deal shares financing with lead orders from EdgePoint Investment Group and cornerstone investor Eric Sprott and a $105 million senior secured credit facility with EdgePoint.In a statement it said proceeds will be used to advance the Queensway gold project in Newfoundland.The company will issue 33.8 million shares at $2.96 each, to raise $100 million. The underwriters have also been granted a 15% over-allotment option.New Found Gold has also sealed a deal with EdgePoint for a secured credit facility of up to $105 million. The funds will be advanced in two tranches: $70 million and $35 million. Both tranches will be released when certain conditions are met.In return, New Found Gold will issue non-transferable share purchase warrants to EdgePoint totalling US$9 million: US$6 million worth of warrants will be issued on Tranche 1, which will be exercisable for 2.5 million shares at $3.30 each. The Tranche 2 warrants, totalling US$3 million will be exercisable for shares at a price equal to a 25% premium to the closing price of the shares on the TSX Venture immediately before the Tranche 2 funding date.New Found Gold says the $205 million funding package covers the initial capital expenditures required to bring its flagship Queensway Gold Project-Phase I into production. It added that it will not proceed with the US$75 million secured loan facility and warrants issue with Nebari Natural Resources Credit Fund II, announced in early March.New Found Gold closed up $0.09 or 3.1% to $2.96, on the TSX Venture Exchange on Friday.

$NFG.V$SII.TO

Mining & Metals110d ago

MDA Space Up In US Premarket As Contracted By Airbus For Repeat Order of Antennas For OneWeb Constellation Extension

MDA Space (TSX and NYSE: MDA), a provider of advanced technology and services to the rapidly expanding global space industry, was at last look up 1.3% in US premarket trade Monday after saying it has been selected by Airbus to design and build more than 880 Ka-band steerable antennas and 440 Ku-band user replacement antennas for the OneWeb low Earth orbit (LEO) constellation owned by the global operator Eutelsat. No financial details were given.In a statement MDA added this award follows an initial order to supply close to 2,000 antennas to the constellation, the second largest in lower Earth orbit with approximately 650 satellites, given to MDA Space by OneWeb in 2016.Shares in MDA were down in both Canada and the United States last Friday, albeit from 52 week high levels in both cases.

$MDA.TO

Mining & Metals110d ago

Jaguar Mining's Q1 Gold Production Steady YoY

Jaguar Mining (JAG.TO) said Monday that its gold production remained steady year over year in the first quarter.The company produced 9,629 ounces of gold in the three months ended March 31, compared with 9,924 ounces produced a year ago.Gold sales totaled 9,146 ounces compared with 9,544 ounces in the previous year.During the quarter, Jaguar said it resumed operations at the Turmalina complex in Brazil after all regulatory embargoes related to the Satinoco tailings pile event were lifted. The mine contributed about 9% of the company's gold production.Meanwhile, Jaguar said it benefited from favorable gold prices, which averaged US$4,876 per ounce in the quarter.Following the results, Jaguar said it is well-positioned to meet its 2026 gold production guidance of 50,000-60,000 ounces.

$JAG.TO

Mining & Metals110d ago

MDA Space Contracted By Airbus For Repeat Order of Antennas For OneWeb Constellation Extension

$MDA.TO

Mining & Metals110d ago

OpenText Appoints James McGourlay as President, Chief Client Officer

OpenText (OTEX.TO) on Monday said that James McGourlay will transition from interim chief executive officer to president, chief client officer, effective April 20, 2026."In this role, McGourlay will lead OpenText's global client experience, professional services, and renewals organization," said the company.The company also said that McGourlay will report to Ayman Antoun, Chief Executive Officer of OpenText as of April 20, 2026, and will continue to serve as a member of the OpenText Executive Leadership Team. The company further said that McGourlay has held senior leadership roles across sales, customer operations, and executive management at OpenText."James is a proven leader with more than 30 years at OpenText, and his career has consistently been anchored in our clients and what is essential to their success," said Tom Jenkins, Executive Chairman of the Board and Chief Strategy Officer, OpenText. "As Chief Client Officer, James will strengthen client experience and renewals, support cloud adoption, and advance OpenText's position as the trusted partner for data and security for enterprise AI."The company also announced that effective April 20, 2026, Paul Duggan will be stepping down from his position as president, chief customer officer and will continue to serve as executive vice president, special advisor. The company added that Duggan will also remain a member of the OpenText Executive Leadership Team until his departure from OpenText on July 1, 2026.

$OTEX.TO

Mining & Metals110d ago

TransAlta Names Mike Politeski CFO

TransAlta (TA.TO) said Monday that it appointed Mike Politeski as executive vice president for finance and chief financial officer, effective May 1.The company also named Grant Arnold as EVP for growth and chief commercial officer, effective May 6.TransAlta said the appointments correspond with the transition of current EVP and CFO, Joel Hunter, to the role of president and chief executive officer, effective April 30.Current President and CEO John Kousinioris is retiring April 30.Politeski has over 25 years of experience across capital markets, financial strategy, risk, treasury, financial reporting and tax. He most recently served as senior vice president for finance and treasurer at Veren.Meanwhile, Arnold has over 30 years of leadership, commercial and technical experience in the power generation and energy sector. He served as president and CEO of BluEarth Renewables.

$TA.TO

Mining & Metals110d ago

Cerrado Gold Reports Higher Gold Equivalent Production in Q1, Maintains 2026 Production Guidance

Cerrado Gold (CERT.V), which saw its shares rise by more than 4% last Friday, said Monday that its gold equivalent production increased year over year in the first quarter while 2026 production guidance of 50,000 to 60,000 gold equivalent ounces was maintained.The company said it produced 12,842 GEO for the three months ended March 31 from the Minera Don Nicolas mine in Argentina, rising from 11,163 GEO in the year-ago period.Among other highlights it cited improved realized gold prices with close-out of hedges in January, andsaid underground development is "ramping up" to support increased production in Q2 in to Q3.The company added its exploration program is "advancing rapidly" to support resource growth at MDN with four drill rigs operating on site, and development activities "continue to progress" at both the Lagoa Salgada and Mont Sorcier projectsShares in CERT were up $0.07 or 4.1% to $1.76 last Friday.

$CERT.V

Mining & Metals110d ago

Outcrop Silver Appoints Rob Bruggeman as Chief Executive Officer

Outcrop Silver & Gold (OCG.TO) said Monday that Rob Bruggeman has been appointed chief executive officer of Outcrop Silver, and will join the board of directors, effective immediately.He assumes the role from Ian Harris, who has been appointed board chair. Jay Sujir will resign from the role of chair but remain on the board.Bruggeman was formerly board chair and interim chief executive of AbraSilver Resource (ABRA.TO).Outcrop Silver closed unchanged at $0.36, on Friday on the Toronto Stock Exchange.

$OCG.TO

Mining & Metals110d ago

Superior Plus Shifting Focus to Its Mobile Compressed Natural Gas Solutions Business

Superior Plus Corp. (SPB.TO) announced Monday that it it making a "strategic shift to prioritize further investment in its mobile compressed natural gas (CNG) solutions business through its wholly owned subsidiary, Certarus, to capitalize on this growing opportunity.In a statement, Superior said: "Driven by increasing power and energy demands for data centers and related infrastructure, Certarus continues to secure significant new customer commitments, underscoring its unique capability to meet the scale and reliability demands of this evolving sector."According to SPB, Certarus has recently been awarded multiple contracts, including a two and a half year agreement to support a hyperscale data center project in partnership with a global leader in power generation solutions. Under this agreement, it said, Certarus will provide natural gas supply to support approximately 135 megawatts of prime power generation once the facility is online. The project is currently under development and is expected to commence operations in mid-2027. Certarus will provide reliable fuel supply, with total expected revenue of more than US$300 million over the life of the contract, it added"As power constraints continue to challenge large-scale developments like data centers, customers need certainty around reliable energy supply," said Allan MacDonald, President and Chief Executive Officer of Superior Plus.SPB said the adoption of CNG by data centers is in the early stages and represents just one of several sectors where the company sees opportunity.It added Certarus will supply natural gas for the project using its mobile compression platform, supported by a large fleet of high-capacity CNG transport trailers."Across North America, the data center ecosystem increasingly faces extended timelines to secure grid and pipeline connections due to rising power demand and infrastructure limitations," said Dale Winger, President of Certarus. "These challenges have created a growing need for rapidly deployable and scalable energy solutions."SPB will provide additional detail regarding its financial outlook with the release of Q1 financial results on Wednesday, May 13, 2026.Shares in SPB were down near 0.5% on the TSX last Friday.

$SPB.TO

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Mining & Metals110d ago

Superior Plus Shifting Focus to Its Mobile Compressed Natural Gas Solutions Business

$SPB.TO