Financial News · Live Terminal

Page 4 of 375

Argo Gold's July Oil Production Edges up

Argo Gold (ARQ.CN) said Friday that July oil production was 2,203 barrels, slightly higher than the June production figure of 2,159 barrels.Oil prices slipped CA$1 month-on-month to average CA$83 per barrel.The company's July oil revenue was CA$182,443, while net operating cash flow was CA$109,516.Argo shares were last seen down CA$0.005 at CA$0.105 on the Canadian Securities Exchange.Price: $0.11, Change: $-0.01, Percent Change: -4.55%

$ARQ.CN

Mining & Metals3d ago

StrategX Elements Raises CA$198,000 After Closing Second Tranche of Non-Brokered Private Placement

StrategX Elements (STGX.CN) closed the second tranche of its non-brokered private placement, raising proceeds of CA$198,000, it said in a statement late Thursday.The second tranche offered 1.3-million units at CA$0.15 apiece. Proceeds will support the continued advancement of its critical minerals exploration projects on the Melville Peninsula in Canada's Nunavut, it said.The company has now raised a total of CA$531,856.35 from the sale of 3.5-million units. It expects that a final tranche closing relating to the remaining balance of units available for sale under this offering to be completed on or before Sept. 30.The company's shares last traded Sept. 8, closing at CA$0.175 on the Canadian Securities Exchange.

$STGX.CN

Mining & Metals3d ago

Smooth Rock Ventures to Change Name to Catalyst One Exploration

Smooth Rock Ventures (SMRV.V) will change its name to Catalyst One Exploration, effective after market close on Sept. 21.The company's common shares will begin trading on the TSX Venture Exchange under the new name and new trading symbol CATX at market open on Sept. 22, it said Friday.Smooth Rock said the planned named change does not affect its share structure and shareholders do not need to take action.All outstanding share and warrant certificates will remain valid under the new name, Smooth Rock added.Smooth Rock is advancing the Palmetto gold project in Nevada.

$SMRV.V

Mining & Metals3d ago

Canada Commodities: Oil Prices Mixed as Oil Tanker Hit in Strait of Hormuz

Oil prices were mixed Friday morning as an oil tanker transiting through the Strait of Hormuz was struck by an "unknown" projectile.The UK Maritime Trade Operations, which reported the incident earlier today, said the attack happened on Sept. 16.Meanwhile Saudi Arabia continued to move some crude exports through the Strait of Hormuz after its pipeline to the Red Sea was damaged by drone attacks earlier this week, several media outlets reported.West Texas Intermediate October crude oil futures, the US benchmark, rose 1.4% to $103.30 per barrel. November Brent oil futures, the international benchmark, slipped 0.1% to $104.68 a barrel.Comex gold December futures edged down 0.1% to $4,394.50 per ounces.In agricultural commodities, December wheat futures fell 1% to $7.21 per bushel, while canola futures for November fell 0.7% to CA$828.60 per tonne.

$CXY

Mining & Metals3d ago

Nicola Mining Launches Drill Campaign at Treasure Mountain Mine in British Columbia

Nicola Mining (NIM.V) has commenced a 2026 exploration drilling program at the Treasure Mountain silver mine in British Columbia.The mine was placed on care and maintenance in 2013 due to depressed silver prices, but Nicola kept the project in its portfolio in anticipation of a more favorable price environment, the company said Friday.The program will comprise four drill holes totaling about 800 meters. Nicola expects to complete drilling by the end of September, with assays expected to be released by year-end.

$NIM.V

Mining & Metals3d ago

Santacruz Silver Mining Buys a 500-Tonne Per Day Milling Facility in Bolivia

Santacruz Silver Mining (SCZ.V, SCZM) completed the acquisition of a 500-tonne per day (tpd) milling facility in Bolivia, it said Friday.The company paid $4.6 million toward the $9.2 million total purchase price, with the remaining $4.6 million payable on Nov. 8, one month following receipt of the milling facility, expected on Oct. 8, it said. A further $4.8 million will be allocated to milling upgrades and working capital through commissioning and the achievement of commercial production, the company added.The milling facility has two 250-tonne per day processing circuits, each equipped with selective flotation systems for the recovery of lead and zinc with high-grade silver contents, it said. This facility will be solely dedicated to processing ore sourced through the company's Bolivian unit, San Lucas.The company expects the facility to be commissioned during the fourth quarter and to reach commercial production by year-end. It also expects the total investment in the milling facility to be about $14 million, inclusive of acquisition, commissioning and all costs required to bring the facility to commercial production.US-listed shares of the company were last seen up $0.41, or 4.6% at $9.33 in pre-market Nasdaq trading.

$SCZ.V

Mining & Metals3d ago

Getty Copper Raising Up to CA$15 Million in a Private Placement of Flow-Through Shares

Getty Copper (GTC.V) is raising up to CA$15 million in a private placement of flow-through shares.Getty aims to raise up to CA$13 million in an offering of British Columbia charity flow-through shares priced at CA$1.395 each, and charity flow-through shares priced at CA$1.305 apiece, the company said Friday.The company also plans to issue up to about 1.9 million flow-through shares priced at CA$1.08 each for up to CA$2 million in proceeds.The offerings are expected to close on or about Sept. 30.Getty is focused on advancing its 82%-owned Getty project in British Columbia's Highland Valley region.The company's shares closed down CA$0.01 to CA$0.97 Thursday on the TSX Venture Exchange.

$GTC.V

Mining & Metals3d ago

Mercado Minerals to Buy La Franca Within Zamora Project in Mexico

Mercado Minerals (MERC.CN) signed a Letter of Intent (LOI) to buy the La Franca concession surrounded by the company's Campanillas concession on the Zamora project in Sinaloa, Mexico, it said in a statement on Friday.Shares of the company closed up 8.3% to CA$0.13 on Thursday on the Canadian Securities Exchange.

$MERC.CN

Mining & Metals3d ago

Americas Gold and Silver Reports High-Grade Drill Results from Galena Complex in Idaho

Americas Gold and Silver (USA.TO) reported high-grade drill results from its drilling program at the Galena complex in Idaho.The results represent significant upside potential to the project's future mine plan, as they were not part of a mineral resource and reserve statement released in 2025, the mining company said Friday.Results include a new vein discovery at the Galena mine grading 1,062 grams per tonne (g/t) silver and 0.7% copper over 1.3 meters. Drilling at the Crescent mine also returned 1,891 g/t silver and 0.3% copper over 1.3 meters, and 1,560 g/t silver and 0.3% copper over 1.1 meters."The new drilling results at the Galena complex continue to reaffirm our belief that we control one of the highest-grade, primary silver deposits not only in the historic Silver Valley but worldwide," Chairman and Chief Executive Officer Paul Andre Huet said.

$USA.TO

Mining & Metals3d ago

Tenet Fintech Signs Framework Agreement With Bin Zayed Group Unit

Tenet Fintech Group (PKK.CN) signed a framework agreement with Bin Zayed Group's unit Bin Zayed Investment (BZI), it said in a statement on Friday.The company's Cubeler Business Hub would be used to help BZI identify, analyze and evaluate private equity investment opportunities, beginning in Asia and eventually in other regions of the world where BZI is active, it said. Tenet also hopes to expand its service offerings in 2027 in collaboration with BZI in the Middle East.Shares of the company closed up 2.4% to CA$0.21 on Thursday on the Canadian Securities Exchange.

$PKK.CN

Mining & Metals3d ago

Spartan Metals Provides Results of Geophysical Surveys from Tungstonia Claims in Nevada

Spartan Metals (W.V) reported the results of geophysical surveys completed at the Tungstonia claims within the Eagle tungsten-silver-rubidium project in Nevada.Results demonstrated the potential extension of tungsten-silver veins of up to 700 meters in depth, the company said Friday.According to Spartan, the project may host a dynamic mineralizing system with potential for multiple styles of mineral deposits."We believe we have a coherent picture of one potentially large mineralizing system with several strong targets across the Eagle Project that we can drill with clear rationale behind each one," said Rebecca Ball, Spartan's vice president of exploration.

$W.V

Mining & Metals3d ago

Westgate Energy Upsizes Bought Deal LIFE Offering to CA$6.5 Million

Westgate Energy (WGT.V) increased the size of its "bought deal" private placement offering to about CA$6.5 million from CA$5 million, it said in a statement late Thursday.The company said the underwriter agreed to buy, on a bought deal private placement basis, 26-million units, each consisting of one share and one warrant, at CA$0.25 apiece, subject to some conditions. Each two-year warrant will entitle the holder to buy a share for CA$0.35.Shares of the company closed up 8.7% at CA$0.25 on Thursday on the TSX Venture Exchange.

$WGT.V

Mining & Metals3d ago

Hemlo Mining Gets Included in VanEck Junior Gold Miners ETF

Hemlo Mining (HMMC.TO) has been added to the VanEck Junior Gold Miners ETF, the company said Friday.The inclusion will be effective at market close on Sept. 18. The company expects the its addition to the ETF to enhance trading liquidity, broaden its shareholder base and boost awareness among institutional and retail investors.

$HMMC.TO

Mining & Metals3d ago

Stardust Metal to Raise CA$12.6 Million Via Brokered Private Placement

Stardust Metal (ZIGY.V) entered into an agreement with Canaccord Genuity as lead agent and sole bookrunner, to launch a private placement offering on a "best efforts" basis for proceeds of up to CA$12.6 million, it said in a statement late Thursday.The company said it received a lead order from a recognized publicly traded regional producer. The offering will consist of a combination of up to 3.3-million premium flow-through common shares at CA$2.725 per premium FT share, and up to 1.8-million common shares at CA$1.95 per common share, it said.Stardust Metal will also grant the agents an option to sell an additional 15% of each of the premium FT shares and common shares, to raise additional proceeds of up to CA$1.8 million. Proceeds from the sale of the premium FT shares will be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures," it said.Proceeds from the sale of the common shares will be used for working capital and general corporate needs.Shares of the company closed up 14% at CA$2.39 on Thursday on the TSX Venture Exchange.

$ZIGY.V

Mining & Metals3d ago

Goliath Resources Drill Results Show Visible Gold at Surebet Discovery

Goliath Resources (GOT.V) released drill results from the Surebet Discovery on the Golddigger Property in British Columbia, intersecting visible gold and expanding the Bonanza Zone, the company said Friday.Highlights of the results include 9.12 grams per tonne gold equivalent over 11.27 meters, including 13.89 g/t gold equivalent over 7.14 m; and 4.70 g/t gold equivalent over 3.03 m, within a broader interval of 1.08 g/t gold equivalent over 20 m.An intercept of 8.35 g/t gold equivalent over 4.15 m, including 31.45 g/t gold equivalent over 1 m, is part of a new 100-m Bonanza Zone expansion step-out to the north.

$GOT.V

Mining & Metals3d ago

Vortex Energy to Acquire Meadows Project in Saskatchewan

Vortex Energy (VRTX.CN) has agreed to acquire the Meadows Project in Saskatchewan from Global Strategic Minerals for 255,000 Canadian dollars in cash, the company said Thursday.The Meadows Project is composed of about 21,609 hectares across 338 Crown parcels in northwestern Saskatchewan. The project has the potential to be explored for salt with potential applications for compressed air energy storage and hydrogen storage.The acquisition also includes all technical information and governmental authorizations relating to the project. The transaction is scheduled to close on Oct. 1, subject to customary closing conditions, including governmental and regulatory approvals.

$VRTX.CN

Mining & Metals3d ago

Corus Entertainment Gets CRTC Approval to Proceed with Recapitalization

Corus Entertainment (CJR-B.TO) received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) for its proposed recapitalization to reduce existing debt and maintain secured lending facility and liquidity access.Corus also received an order from the Ontario Superior Court of Justice to proceed with the recapitalization, the company said Thursday. The transaction is not expected to affect Corus' operations.The recapitalization transaction is expected to close in the coming weeks, subject to closing conditions and the receipt of customary securities laws and stock exchange approvals.

$CJR-B.TO

Mining & Metals3d ago

Aecon Receives Gold Partnership Accreditation in Indigenous Relations Certification

Aecon Group (ARE.TO) has received Gold Partnership Accreditation in Indigenous Relations (PAIR) certification, the highest level of certification from the Canadian Council for Indigenous Business in the PAIR program.The gold certification reflects a shift from implementation to integration of Indigenous relations into the company's business practices, Aecon said Thursday.

$ARE.TO

Mining & Metals4d ago

Allied Gold Reports Progress at the Kurmuk Mine in Ethiopia

Allied Gold (AAUC.TO) after trade Thursday provided a progress update on its Kurmuk Mine in Ethiopia.The company said the mine is nearing the end of commissioning and moving toward full operations. Once operational, Kurmuk is expected to become one of Allied Gold's major gold mines.A major milestone has been reached with the mine now connected to Ethiopia's national electricity grid via an 88-kilometer-long power line, the company added.First ore has also been fed into the processing facility's crushing circuit. Mining is progressing as planned, and ore stockpiles are building to support the ramp-up toward commercial production, the company said.

$AAUC.TO

Mining & Metals4d ago

Reitmans Fiscal Second-Quarter Net Earnings Fall YoY

Reitmans (RET.V) said Thursday after trade its fiscal second-quarter net earnings fell 23% to CA$0.20, from CA$0.26, in the prior year period.Net revenue for the clothing company edged down 1.9% to CA$211.8 million, in the quarter ended Aug.1, a statement said."Our second quarter reflected deliberate, strategic execution across our brands," said Chief Executive Andrea Limbardi. "While net revenues were modestly below last year, we meaningfully improved gross margin through stronger regular-price selling, a more disciplined promotional strategy and tighter inventory management.Reitmans shares closed up CA$0.01, to CA$2.22, on the TSX Venture Exchange.

$RET.V

Showing 61-80 of 7491