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Lundin Mining Pre-Announced Items Affecting Q1 Results

Lundin Mining (LUN.TO) late on Thursday pre-announced certain items affecting its first-quarter financial results.The company said first-quarter revenue is expected to be positively impacted by unaudited provisional pricing adjustments on prior-period concentrate sales of about US$22 million on a pre-tax basis. It added these adjustments primarily include upward adjustments in relation to prior period metal sales.Items of significant impact in the first quarter are expected to include unaudited realized losses on derivative contracts of about $13 million, mostly related to gold collar contracts. Unaudited realized foreign exchange losses in the first quarter 2026 are not expected to be significant.Lundin also expects to recognize certain non-cash items that will impact earnings but not adjusted EBITDA, adjusted earnings or adjusted earnings per share. These include an unaudited unrealized loss of about $10 million on a pre-tax basis related to the mark-to-market valuation of unexpired derivative contracts, primarily due to the revaluation of gold collar contracts. Unaudited unrealized foreign exchange gains are not expected to be significant.Earnings from discontinued operations are expected to be positively impacted by an unaudited gain on disposal of the Eagle mine, totaling about $4 million. This amount will be excluded from adjusted EBITDA, adjusted earnings, and adjusted EPS.Lundin received a cash payment from discontinued operations of $5 million during the quarter related to contingent consideration associated with the disposal of the European operations. This contingent consideration was recognized as income in the fourth quarter 2025 results.The company will report first-quarter results after market close on May 6.

$LUN.TO

Mining & Metals22d ago

Silvercorp Metals Down Near 1% In US Premarket After Reporting Operational Results, Issuing Fiscal 2027 Guidance

Silvercorp Metals (SVM.TO) was at last look down near 1% in US premarket after it late on Thursday reported a 17% decrease in silver equivalent production year over year in the fiscal fourth quarter of 2026, even as it also recorded revenue, and provided guidance for fiscal 2027 production, cash and all-in sustaining costs.Among highlights, the company said it produced 1.6 million ounces of silver equivalent, down from 1.9 million ounces, while it had silver production of 1.5 million ounces, a decrease of 11% over Q4 Fiscal 2025.Also, lead production fell 14% to 14.0 million pounds and zinc production declined 12% to 3.9 million pounds.But it recorded revenue of approximately US$147.4 million, an increase of 96% over the same quarter last year.In fiscal 2027, Silvercorp expects to process 1,526,600 to 1,607,000 tonnes of ore, yielding approximately 6.8 to 7.1 million ounces of silver, 9,500 to 10,000 ounces of gold, or 7.5 to 7.8 million ounces of silver equivalent, 62.7 to 65.8 million pounds of lead, and 22.3 to 23.4 million pounds of zinc. The guidance represents an increase of 3% to 9% in ore processed, 0.04% to 4% in silver, 9% to 15% in gold, 4% to 9% in lead, and 3% to 8% in zinc production compared to the fiscal 2026 results.The company will release its fiscal 2026 financial results on May 25, after market close.Shares in SVM rose 2.1% in Canada yesterday.

$SVM.TO

Mining & Metals22d ago

Nasdaq 100 Futures Up 0.2% and &P Futures Up 0.25%

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Mining & Metals22d ago

S&P Futures Up 0.2%

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Mining & Metals22d ago

Fortuna Renewed Share Buyback Program; Representing 5% of the Co's Outstanding 304,557,387 Common Shares as of April 10, 2026

$FVI.TO

Mining & Metals22d ago

Paladin Energy Provided Overnight An Operations and Guidance Update for Langer Heinrich Mine In Advance of March 2026 Quarterly Report

$PDN.TO

Mining & Metals22d ago

Orvana Minerals Reported Overnight Production Results for Q2 FY26 and Provided Update On Oxides Stockpile Project at its Don Mario operation in Bolivia

$ORV.TO

Mining & Metals22d ago

Lundin Mining Pre-Announced Overnight Items Impacting Q1 2026 Results

$LUN.TO

Mining & Metals23d ago

Premier American Uranium CFO Steps Down; Interim Replacement Announced

Premier American Uranium (PUR.V) after trade on Thursday said Greg Duras has stepped down as chief financial officer, effective immediately.The company did not offer any reasons for Duras' departure/It added it has appointed Corporate Controller Soo-Whan Kim as interim CFO, where he will continue overseeing financial reporting and accounting.

$PUR.V

Mining & Metals23d ago

Coelacanth Energy Raising C$60 million in a Bought-Deal Share Offering

Coelacanth Energy (CEI.V) after trade Thursday said it is raising C$60 million in a bought-deal offering of shares.The company is selling a syndicate of underwriters 73.17-million shares at a price of C$0.82 each.In addition, the company agreed to grant the Underwriters an over-allotment option to purchase up to an additional number of shares equal to 15% of the shares sold. If exercised in full, this would result in additional gross proceeds to the company of approximately C$9.0 million.The company said it intends to use the net proceeds from the offering, including any net proceeds received in connection with the exercise of the over-allotment option, for exploration and development of its projects in the Montney and Two River areas in British Columbia and for working capital and general corporate purposes.The offering is anticipated to close on or about May 6, 2026 and is subject to certain conditions.The company's shares closed down $0.04 to $0.86 on the TSX Venture Exchange.

$CEI.V

Mining & Metals23d ago

International Battery Metals Announces US$2.8 Million Private Placement Under EV Metals Agreement

International Battery Metals (IBAT.V) after trade on Thursday said it is raising US$2.8 million through a non-brokered private placement.The company said it marks the fourth follow-on investment under its Feb. 28, 2025, binding letter of intent, for up to US$15 million with EV Metals.The company will issue about 34.3-million units at US$0.08 each, with each unit including a share and a warrant."This latest investment follows multiple financings completed in calendar year 2025 and 2026, bringing total investment under the LOI to date to US$15 million," the company said.The placement is expected to close around April 24 pending approval. Proceeds will be used for general corporate purposes as the company advances its modular lithium extraction technology, it said.The company's shares closed down $0.005 to $0.14 in the TSX Venture Exchange.

$IBAT.V

Mining & Metals23d ago

Silver Bull Resources Expects Final Award In Arbitration Case Against Mexico Will Be Rendered By End of May

Silver Bull Resources (SVB.TO) after trade Thursday said a tribunal will by the end of next month render its final award in an arbitration case involving the company and Mexico.As previously reported, Silver Bull began international arbitration proceedings against Mexico under the United States-Mexico-Canada Agreement and the North American Free Trade Agreement. The arbitration was initiated under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States process, which falls under the auspices of the World Bank's International Centre for Settlement of Investment Disputes, to which Mexico is a signatory.A statement noted the arbitration arises from Mexico's actions and omissions with respect to the illegal blockade of Silver Bull's Sierra Mojada project, which began in September 2019, and remains ongoing.As directed by the Arbitration Tribunal, upon completion of the hearing on Oct. 10, 2025, in Washington, D.C., the company and Mexico provided their post-hearing briefs on Nov. 21, 2025. The parties then filed their submissions on costs on Dec. 5, 2025, and updated submission on costs on April 13.Thursday's statement said the tribunal has now advised the parties that it will render its final award, in both English and Spanish, by the end of May.Sivler Bull shares closed up $0.02 to $0.33 on the Toronto Stock Exchange.

$SVB.TO

Mining & Metals23d ago

TerrAscend Appoints Eric Jackson as Chief Financial Officer

TerrAscend (TSND.TO), a North American cannabis operator, after trade Thursday said it appointed Eric Jackson as chief financial officer, effective April 27.According to a statement, Jackson brings more than two decades of finance and operational leadership experience across retail, consumer, and manufacturing sectors. Most recently, he served for over eight years as Chief Financial Officer of American Signature, Inc., a multi-location, omnichannel retailer where he oversaw finance, accounting, treasury, analytics, IT, real estate, and supply-chain functions.Prior to American Signature, Jackson spent more than 14 years at L Brands, a publicly traded specialty retailer whose portfolio included Victoria's Secret, PINK, Bath & Body Works, La Senza, and Henri Bendel.TerrAscend shares closed down $0.06 to $0.91 on the Toronto Stock Exchange.

$HMMJ.TO$TSND.TO

Mining & Metals23d ago

Robex Resources Completes Its C$1.98-Billlion Sale to Australia's Predictive Discovery

Robex Resources (RBX.V) on Thursday said it completed its sale to Australia-listed Predictive Discovery (ASX: PDI) for shares worth C$1.98-billion.The deal aims to "create a leading West African gold production and development company, targeting production of more than 400,000 ounces of gold per annum by 2029," the companies said it a joint release.Under the transaction, Predictive Discovery acquired all Robex shares, with shareholders receiving 7.862 PDI shares for each Robex share. Robex will be delisted from the TSX Venture Exchange by April 20, while PDI will remain listed on the ASX and is set to begin trading on the Toronto Stock Exchange in April, according to the statement.Robex shares closed unchanged at $7.11 on the Toronto Stock Exchange.

$RBX.V

Mining & Metals23d ago

Legacy Gold Mines Up 30%, Near 52 Week Highs as it Raises $10M Via Non-Brokered Private Placement

Legacy Gold Mines (LEGY.V) was at last look up 30% to near 52 week highs on Thursday after it completed its previously announced non-brokered private placement for $10.0 million.The company said the offering consisted of the issuance of 33.3-million common shares at $0.30 apiece. Following completion of the private placement, funds managed by Wexford Capital LP hold, in aggregate, about 15% of the issued and outstanding common shares.Proceeds will be used to advance drilling and project development activities at its Baner Gold Mine property, located in the Orogrande Mining District, Idaho, as well as for business development and general and administrative needs. The company has agreed to issue 825,490 common shares to John Tumazos of Florida, representing 3% of the common shares sold under the private placement to subscribers introduced by him.The company also confirmed it has completed the second payment under its option to buy a 100% undivided interest in and to the mineral claims comprising the property. The final payment under the option is due in April 2027 and consists of $500,000 in cash and 200,000 additional warrants to purchase common shares.Legacy Gold Mines is also seeking TSX Venture Exchange (TSXV) approval to extend by 12 months the term of the 200,000 warrants previously issued to Champion Electric in October 2024.In connection with the private placement, Chief Executive Brian Hinchcliffe acquired 452,000 common shares for aggregate consideration of $135,600.00, and Mike Sutton, VP, Exploration and a director of the company, acquired 333,333 common shares for $100,000.Shares were last seen up $0.14 at $0.60 on the TSXV, leaving it shy of a 52 week high $0.63.Price: $0.60, Change: $+0.14, Percent Change: +30.43%

$LEGY.V

Mining & Metals23d ago

SmartCentres Declares Distribution for April 2026; Shares Hit Fresh 52 Week Highs Today

SmartCentres Real Estate Investment Trust (SRU-UN.TO), which saw its shares post a fresh 52 week high today, said Thursday that its trustees declared a distribution for April 2026 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The April distribution is unchanged from the one for March.April's distribution will be payable on May 15, 2026 to unitholders of record as at April 30, 2026.Its shares rose $0.42 or 1.5% to $28.49, having touched $28.82.Price: $28.50, Change: $+0.43, Percent Change: +1.53%

$SRU-UN.TO

Mining & Metals23d ago

Mundoro Capital Begins Drilling at the Skorusa East Target

Mundoro Capital (MUN.V) on Thursday said drilling is underway at the "high-priority" Skorusa East target within the Central Timok project in Serbia.The company said the project is part of the BHP-Mundoro option earn-in agreement where BHP is solely funding the exploration activities.The company said the Exploration Technical Committee approved 1,000 meters of drilling across 1 to 2 drill holes at the Skorusa East target. It added that, upon completion, the drill rig will be relocated to the high priority Tilva Rosh South target."The two drill holes in the current drilling campaign are designed to test the eastern extent of Skorusa East target with approximately 1,000 meters of drilling where there are demonstrated geochemical and alteration vectors along with a coincident magnetic anomaly," added the company.The company's shares were last seen down $0.005 to $0.42 on the TSX Venture Exchange.Price: $0.42, Change: $-0.01, Percent Change: -1.18%

$MUN.V

Mining & Metals23d ago

BMO Raises Exchange Income Price Target to $111.00, Sees Limited Impact From Higher Energy Prices

BMO has lifted its price target on the shares of Exchange Income (EIF.TO) by $11.00 to $111.00 to reflect higher market multiples, while maintaining a market-perform rating.Analyst Michael Goldie sees "limited" impact from the macro backdrop of higher energy prices on the company's current earnings outlook. "While there is some potential risk in Aircraft Sales & Leasing, we believe the Strait would need to be closed for longer and customer flight activity decline," he adds.Goldie expects the geopolitical climate to only further current trends of increased global defense spending, buoying the outlook for Exchange's aerospace operations.Price: $103.43, Change: $-2.26, Percent Change: -2.14%

$EIF.TO

Mining & Metals23d ago

Argo Gold Receives a Mineral Exploration Permit For The Uchi Gold Project

Argo Gold (ARQ.CN) on Thursday said it received a mineral-exploration permit for the Uchi Gold project in northwestern Ontario.The company said its 2021 exploration program at the 25-square kilometer property extended the strike length of the mineralized zones at Woco to 400 meters, at Northgate to 500 meters and at Raingold a new zone of mineralization was identified 100 meters east of Raingold. Drill results at Woco include 132.3 grams per tonne (g/t) gold (Au) over 1.8 meters at 88 meters and 20.4 g/t Au over 0.5 meters at 107 meters.It also said that at Northgate, the known gold mineralization has a strike length of about 500 meters. Drill hole AGN-21-024 intersected 26.26 g/t Au over 2.65 meters, drill hole AGN-21-025 intersected 9.24 g/t Au over 0.95 meters and drill hole AGN-21-30 located 225 meters northeast of the main Northgate area intersected 22.7 g/t Au over 1.15 meters.Shares of the company were last seen up $0.005 to $0.09 on the Canadian Securities Exchange.

$ARQ.CN

Mining & Metals23d ago

Stifel Canada Maintains Buy Rating, $11.00 Price Target on Vitalhub After Novari Contract

Stifel Canada is maintaining its buy rating and $11.00 price target on the shares of Vitalhub (VHI.TO) after the company said this week that Novari Health, a Vitalhub company, had been awarded a multi-year, multi-million dollar contract award with Ontario Health.Analyst Justin Keywood views the news positively and says the contract advances management's organic growth goals, while Vitalhub's $119-million net cash balance allows it to remain patient in acquiring the right assets."We see VHI as a relatively cheap growth stock, though we expect upcoming quarters to demonstrate management's growth targets (12-13% 2026 organic ARR growth, 10% inorganic) and progress toward 30% adj. EBITDA margins as key in and having investors revisit the story."Price: $8.16, Change: $+0.12, Percent Change: +1.49%

$VHI.TO

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