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Troilus Gold Provides Additional Drill Results from West Rim Discovery

Troilus Gold (TLG.TO) reported Thursday additional drill results from the West Rim Zone as part of its ongoing 2026 exploration program at the Troilus copper-gold project in Quebec.Highlights include 19.06 grams per tonne (g/t) gold equivalent over 6.4 meters and 6.81 g/t gold equivalent over 5 m.The latest results continued to demonstrate the emergence of a significant high-grade mineralized zone located outside the current mineral resource estimate and within 200 m of the reserve pit outlined in a 2024 feasibility study, the company said."The consistency of high-grade mineralization we are seeing across the trend is particularly encouraging and continues to demonstrate the potential for West Rim to evolve into a meaningful near-mine zone within the broader Troilus project," Chief Executive Officer Justin Reid said.The results released to date represent about half of the 3,000 m planned for West Rim in 2026. The company expects to continue both infill and expansion drilling along the known mineralized trend while also testing the broader West Rim corridor, which remains largely underexplored.

$TLG.TO

Serabi Gold Up 1.8% in London Trade After Filing NI 43-101 Technical Report for Palito Complex and Coringa Mine

London-listed shares of Serabi Gold (SRB.L, SBI.TO) rose about 1.8% on Thursday after it publicly filed its detailed technical reports of its updated Mineral Reserve estimates and Mineral Resource estimates for its 100% owned Palito Complex and updated Mineral Resource estimates for its 100% owned Coringa Mine, both located in Para State, Brazil, within the Tapajos region.The Palito Complex technical report is dated June 1, and the Coringa Mine technical report is dated June 2, and are both effective Jan. 30, 2026.Shares of the company closed down 7.8% to C$5.59 on Wednesday on the Toronto Stock Exchange.

$SBI.TO

MMG Unit Gets $125 Million Credit Facility

MMG (HKG:1208) unit Minera Las Bambas obtained a $125 million credit facility from China Construction Bank (Asia), according to a Thursday Hong Kong bourse filing.The facility has a term of three years and will be used for general funding needs.

HKG:1208

Alembic Pharmaceuticals Gets USFDA Tentative Approval for Larotrectinib Capsules

Alembic Pharmaceuticals (NSE:APLLTD, BOM:533573) has received tentative approval from the U.S. Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Larotrectinib Capsules in strengths 25 mg and 100 mg, according to a Thursday filing.The product is a generic version of Vitrakvi Capsules of Bayer Healthcare Pharmaceuticals, the filing said. It is used for the treatment of certain solid tumors with a neurotrophic receptor tyrosine kinase gene fusion, where no satisfactory alternative treatment exists or the disease has progressed after prior therapy, the company said in the filing.Alembic said that after obtaining final approval of this ANDA, it may be "eligible for 180 days of generic marketing exclusivity in the U.S."The company added that the product has an estimated U.S. market size of about $91 million.

BOM:533573NSE:APLLTD

AstraZeneca Pharma India Gets India Approval to Use Enhertu in Breast Cancer Treatment

AstraZeneca Pharma India (NSE:ASTRAZEN, BOM:506820) has received permission from India's Central Drugs Standard Control Organization to import and distribute Enhertu (trastuzumab deruxtecan) for an additional breast cancer indication, according to a Thursday filing.The approval allows the drug, in combination with pertuzumab, to be used for first-line treatment of adult patients with unresectable or metastatic HER2-positive breast cancer, the filing said.AstraZeneca Pharma shares were down nearly 1% in after-market hours.

BOM:506820NSE:ASTRAZEN

Chow Tai Fook Jewellery's Full-Year Profit Soars 52%

Chow Tai Fook Jewellery (HKG:1929) recorded a 52% rise in attributable profit to a record high of HK$9 billion for the year ended March 31 from HK$5.92 billion a year prior, according to the company's annual report filed with the Hong Kong bourse Thursday.Earnings per share climbed to HK$0.903 from HK$0.592 in the previous fiscal year.Revenue increased 5.3% to HK$94.4 billion from HK$89.7 billion in the prior-year period.The jewelry company attributed the higher profit to a rise in gross profit, revenue growth, and a boost in margin management.The company proposed a final dividend of HK$0.45 per share for the year, payable Aug. 20 to shareholders of record as of Aug. 7, subject to shareholder approval.

HKG:1929

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China Merchants Shekou to Issue 3 Billion Yuan of Bonds

China Merchants Shekou Industrial Zone Holdings (SHE:001979) will issue up to 3.09 billion yuan of bonds, according to a Wednesday after-hours filing with the Shenzhen bourse.The issuance will have a three-year fixed-rate tranche and a five-year fixed-rate tranche.

SHE:001979

International46d ago

US Dollar Rises Early Thursday Ahead of Weekly Jobless Claims, May Producer Prices

The US dollar rose against its major trading partners early Thursday, except for a decline against the yen, ahead of the release of weekly jobless claims and May producer price data, both at 8:30 am ET.Weekly natural gas stocks are due to be released at 10:30 am ET.A quick summary of foreign exchange activity heading into Thursday:EUR/USD fell to 1.1533 from 1.1542 at the Wednesday US close and 1.1552 at the same time Wednesday morning. The European Central Bank is expected to raise its policy rate by 25 basis points when it releases its statement at 8:15 am ET. There are no Eurozone data on Thursday's schedule.GBP/USD fell to 1.3365 from 1.3373 at the Wednesday US close and 1.3392 at the same time Wednesday morning. UK consumer sentiment increased in June, according to data released earlier Thursday. The next Bank of England meeting is scheduled for June 18.USD/JPY fell to 160.5264 from 160.5385 at the Wednesday US close but was above a level of 160.5023 at the same time Wednesday morning. Japanese manufacturing sentiment turned lower in Q2, according to data released overnight. The next Bank of Japan meeting is scheduled for June 15-16.USD/CAD rose to 1.3975 from 1.3944 at the Wednesday US close and 1.3930 at the same time Wednesday morning. The Bank of Canada held its policy rate steady at its meeting on Wednesday, as expected, but said it is prepared to act as needed. The next Bank of Canada meeting is scheduled for July 15. Canadian building permits data for April are due to be released at 8:30 am ET.

Treasury46d ago

Nomura Still Sees Bank of Canada on Hold for This Year After Wednesday's Policy Decision

The Bank of Canada kept its policy rate unchanged at Wednesday's policy meeting, as widely expected, said Nomura.BoC Governor Tiff Macklem offered no directional forward guidance and emphasized two-sided policy risks, noted the bank. The opening statement was dovish on net.The BoC's Council didn't explicitly reference the technical recession, but acknowledged weaker growth, pointed out Nomura. In contrast to April, the statement no longer characterized growth as above potential and instead noted that the economy is expected to remain in excess supply.Policymakers remained sanguine on inflation, citing improvement in core inflation measures and limited evidence of broad-based spillovers from higher energy prices.The BoC also reiterated that it would look through the Iran war's near-term impact on inflation. Overall, downside risks to growth remain elevated while price pressures appear contained, stated Nomura.The bank continues to expect the BoC to remain on hold through 2026.

$CXY

US Markets46d ago

Stocks Rise Pre-Bell as Investors Assess Middle East Tensions, Await PPI Data

US equity markets were tracking in the green before the opening bell Thursday as traders assess escalating hostilities between the US and Iran and await the latest data on wholesale prices.The S&P 500 rose 0.7%, the Dow Jones Industrial Average increased 0.8% and the Nasdaq gained 1.1% in premarket activity. The indexes finished the previous trading session in the red, with the Nasdaq and the S&P 500 closing at their lowest levels in about five weeks.The US Central Command said Wednesday its forces completed additional "self-defense" strikes against Iranian military surveillance capabilities, communication systems and air defense sites, in response to Tehran's "unwarranted and continued aggression."Iran's strait authority said on Thursday that the Strait of Hormuz will be closed "until further notice" following an exchange of fire with the US, CNN reported.On Wednesday, President Donald Trump said on social media that Iran will have to "pay the price" for taking too long to agree to a peace deal.US forces launched airstrikes against Iran after Tehran shot down an American Apache helicopter earlier in the week. Iran reportedly struck American military bases across Jordan, Kuwait, and Bahrain.West Texas Intermediate crude oil moved down 0.9% to $89.23 a barrel before the open, while Brent decreased 1.1% to $92.08.In a Wednesday post on Truth Social, Trump said the US military executed a "secret mission" last month to support oil tankers and other commercial ships through the Strait of Hormuz. The initiative led to "more than 100 million barrels of oil" passing through the strait and into the open market, according to Trump."With no imminent deal in sight and with the global oil market tightening significantly every day, we see upside to prices, particularly if these disruptions linger into the third quarter, a period of seasonally stronger oil demand," ING Bank said in a report Wednesday.Last month's producer price index, a measure of wholesale prices, is scheduled to be released at 8:30 am ET. The report comes a day after official data showed that US annual inflation accelerated to the highest in about three years, fueling expectations that the Federal Reserve will keep interest rates on hold for some time."US inflation continues to vault higher on the back of swiftly rising energy prices and four months of closure of the Strait of Hormuz," BMO Chief US Economist Scott Anderson said in a report.The two-year Treasury yield was unchanged at 4.13% before the open, while the 10-year rate retreated 1.4 basis points to 4.53%.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am.Shares of Oracle (ORCL) dropped 8% pre-bell as the cloud computing company said it plans to raise about $40 billion in fiscal 2027 through a mix of debt and equity financing, including its previously announced $20 billion stock sale. The firm reported fiscal fourth-quarter results above Wall Street's estimates.Adobe (ADBE), Lennar (LEN) and RH (RH) are expected to report their latest financial results after the markets close.Gold slipped 0.5% to $4,111 per troy ounce, while bitcoin advanced 1.6% to $62,833.

Dow JonesNasdaq CompositeS&P 500$ADBE$LEN$ORCL$RH

BTIG Research Initiates Coverage on Voyager Technologies With Buy Rating, $55 Price Target

Voyager Technologies, Inc. (VOYG) has an average rating of overweight and mean price target of $44.73, according to analysts polled by FactSet.(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://finwires.com/en/contact)

$VOYG

Wire46d ago

Wallbox Secures $12.1 Million in Funds Through Canadian Clean Fuel Program; Shares Up Pre-Bell

Wallbox (WBX) said Thursday it received about 10.5 million euros ($12.1 million) in funds through Canada's clean fuel credit framework for 2025.The funds were generated through eligible electric vehicle charging activity across its AC chargers in Canada, the company said.Under Canada's clean fuel regulation, charging sessions that displace fossil fuels can generate credits linked to reducing transport-related emissions.In line with the requirements for the program, funds received will be reinvested in the region through incentives and initiatives designed to accelerate EV adoption, Wallbox said.Shares of Wallbox rose more than 12% in recent pre-bell activity Thursday.Price: $3.10, Change: $+0.36, Percent Change: +12.36%

$WBX

Pacific Booker Minerals Announces New $4 Million Non-Brokered Private Placement

Pacific Booker Minerals (BKM.V) will not be proceeding with a non-brokered private placement as announced on April 30, 2026, said the company after markets closed on Wednesday.The company plans to undertake a non-brokered private placement financing to raise gross proceeds of up to around $4 million from the sale of up to around 1.86 million units at a price of $2.15 each.Each unit will consist of one common share of the company and one common share purchase warrant, said the company, and added that each warrant will entitle the holder thereof to buy one common share from the company at a price of $2.37 per common share for a period of 36 months from the closing date of the offering.The company plans to use the net proceeds to complete a new preliminary economic assessment for its Morrison project and for general corporate purposes.The closing of the offering is subject to certain conditions, including the approval of the TSX Venture Exchange and certain other conditions.

$BKM.V

Oppenheimer Initiates Coverage on SpaceX With Outperform Rating

$SPCX

First Atlantic Nickel Notes Passage of Critical Minerals Bill by U.S. House, Benefiting Pipestone XL Project

First Atlantic Nickel (FAN.V) noted the passage of a new critical minerals bill by the U.S. House of Representatives and believes it would support the company's Pipestone XL nickel-cobalt alloy project in Newfoundland, First Atlantic said on Thursday.The Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act, also known as the DOMINANCE Act, passed the House on June 8. The bipartisan legislation is intended to strengthen U.S. energy security and support more resilient supply chains with trusted allies and partners.The bill authorizes equity investment, co-financing and U.S. priority offtake for allied projects. It also defines "processed" as "a metal, metal powder, or a master alloy," and awaruite is a natural nickel-iron-cobalt alloy already in the form that the bill defines as "processed."First Atlantic's Pipestone XL project is being advanced as a potential allied source of awaruite.Awaruite's metallic, sulphur-free composition may provide a differentiated processing pathway by enabling concentration through magnetic separation and flotation without the need for conventional smelting, roasting or high-pressure acid leaching.The company believes this is particularly relevant to current North American supply chain challenges, where midstream processing capacity remains a key constraint.First Atlantic believes the legislation highlights the growing strategic importance of North American and allied sources of nickel, cobalt and other critical minerals required for defense, advanced manufacturing, stainless steel, battery and clean technology supply chains.

$FAN.V

BTIG Research Initiates Coverage on Sensei Biotherapeutics With Buy Rating, $55 Price Target

Sensei Biotherapeutics (SNSE) has an average rating of Buy and mean price target of $51.67, according to analysts polled by FactSet.(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://finwires.com/en/contact)

$SNSE