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PNC Infratech Appoints CFO

Infrastructure developer PNC Infratech (NSE:PNCINFRA, BOM:539150) appointed Chakresh Kumar Jain as chief financial officer, according to an Indian bourse filing on Tuesday.

BOM:539150NSE:PNCINFRA

Mining & Metals52d ago

PMET Resources Says Received Government-Backed Letters of Support for Shaakichiuwaanaan Financing

$PMET.TO

Asia52d ago

Jiangxi Synergy Pharmaceutical Receives China Approval for Type 2 Diabetes Tablets

China's drug regulator approved Jiangxi Synergy Pharmaceutical's (SHE:300636) empagliflozin tablets, according to an after-hours filing on Monday with the Shenzhen bourse.Shares rose 1% during the close of trading Tuesday.The drug is indicated for type 2 diabetes patients.

SHE:300636

Mining & Metals52d ago

Orezone Reporting First Set of Drill Results from Casa Berardi Mine Including 16.10g/t Au over 6.7m and 6.47g/t Au over 21.5m

$ORE.TO

Mining & Metals52d ago

Sylogist Appoints Joel Leetzow as New CEO

$SYZ.TO

Mining & Metals52d ago

Coppernico Metals Says Channel Samples Intersect 70.1 m of 0.92% Copper and 0.25 g/t Gold at Nioc

$COPR.TO$HBM.TO

Mining & Metals52d ago

Canfor Says Vida AB to Close Two Sawmills in Southern Sweden

Canfor's (CFP.TO) 77%-owned unit, Vida AB, will permanently close its sawmill operations in Urshult and Orrefors, Sweden, it said over the holiday weekend.The closures will reduce Vida's annual lumber production capacity by about 265,000 cubic meters, it said. Vida will operate 13 sawmills across central and southern Sweden following the closures, along with its other facilities in packaging, specialty finishing, and logistics."While this was a difficult decision, the closures are necessary given the ongoing imbalance between production capacity and access to fibre in southern Sweden," said Vida AB Chief Executive Karl-Johan Lowenadler. "By concentrating production in fewer more productive and efficient facilities, we will strengthen Vida's competitiveness and better position the business for the future."Shares of Canfor closed down 1.4% to $11.94 on Friday on the Toronto Stock Exchange.

$CFP.TO

Mining & Metals52d ago

Coppernico Metals Says Channel Samples Intersect 70.1 m of 0.92% Copper and 0.25 g/t Gold at Nioc

$COPR.TO

Mining & Metals52d ago

First Mining Reporting New High-Grade Gold Drill Intercepts from North Zone, South Zone, and Minuit Targets at its Duparquet Project

$FF.TO

US Markets52d ago

Stocks Down Pre-Bell as Investors Assess Trump's Latest Iran Remarks

US equity futures were trending lower on Tuesday as traders weigh President Donald Trump's statements on Iran amid ongoing uncertainty in the Middle East.The S&P 500 declined 0.4%, the Dow Jones Industrial Average edged down 0.2% and the Nasdaq fell 0.7% in premarket activity. The indexes finished the previous trading session mixed.In a social media post on Monday, Trump said the US decided to postpone a planned military strike on Iran after leaders of Saudi Arabia, Qatar and the United Arab Emirates urged restraint amid "serious" ongoing negotiations to end the conflict.Trump, however, cautioned that the US will "go forward with a full, large scale assault of Iran" if a deal is not reached."I put it off for a little while, hopefully maybe forever, but possibly for a little while, because we've had very big discussions with Iran, and we'll see what they amount to," Trump reportedly said at a White House event on Monday, according to Bloomberg News.West Texas Intermediate crude oil decreased 1.1% to $107.45 a barrel before the opening bell, while Brent dropped 1.7% to $110.22.Trump's latest rhetoric follows reports that Iran had provided an updated proposal for a deal to end the war. The White House indicated it doesn't reflect a meaningful improvement from a previous offer, Axios reported Monday, citing a senior US official and a source briefed on the matter."Progress on US-Iran peace talks continues to be immaterial, with both parties expressing a willingness to resume overt hostilities if the talks fail," Tudor Pickering Holt Analyst Matt Portillo said in a Monday note.Treasury yields were tracking lower in premarket action, with the two-year rate retreating 2 basis points to 4.07% and the 10-year rate off 1.8 basis points to 4.61%.European Union officials are expected to convene on Tuesday to finalize legislation for the bloc's trade deal with the US, Bloomberg reported. Trump previously threatened to hike tariffs on the EU if it didn't implement its trade deal commitments by July 4.Tuesday's economic calendar has the housing starts and permits report for April at 8:30 am ET, followed by the pending home sales index for the same month at 10 am.Federal Reserve Governor Christopher Waller is scheduled to speak at 8 am, while Philadelphia Fed President Anna Paulson speaks at 7 pm. Atlanta interim President Cheryl Venable is slated to speak at 7:45 pm.Home Depot (HD) shares increased nearly 1% after the home-improvement retailer reported fiscal first-quarter adjusted earnings above market estimates and reiterated its full-year outlook. Keysight Technologies (KEYS) posts its earnings after the markets close.Gold nudged 0.3% down to $4,543 per troy ounce, while bitcoin inched 0.1% higher to $76,794.

Dow JonesNasdaq CompositeS&P 500$HD$KEYS

Mining & Metals52d ago

GO Residential Real Estate Investment Trust Establishes Automatic Unit Purchase Plan

GO Residential Real Estate Investment Trust (GO-U.TO) announced late Friday that in connection with its previously announced normal course issuer bid to purchase up to around 2.64 million trust units, it entered into an automatic unit purchase plan (AUPP) with a designated broker.The AUPP is intended to allow for the purchase of units under the NCIB at times when the REIT would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods, said the REIT."Pursuant to the AUPP, the REIT has instructed the designated broker to make purchases under the NCIB in accordance with the terms of the AUPP," stated the REIT.The AUPP has been pre-cleared by the TSX and will be implemented on May 15, the REIT added.The NCIB began on Jan. 9, 2026 and ends on Jan. 8, 2027, said the REIT and added that all purchases made under the AUPP will be included in computing the number of units purchased under the NCIB.

$GO-U.TO

Mining & Metals52d ago

Blossom Gold Files Notice of Intent with the BLM to Initiate Exploration Drilling on Kamma Claims West of Rosebud Project

$BGAU.TO

Mining & Metals52d ago

Dye & Durham Board Has Elected to Indefinitely Suspend Declaration and Payment of Dividends Until Further Notice

$DND.TO

International52d ago

Tech Falters, Undercuts Wall Street Pre-Bell; Asia Mixed, Europe Up

Wall Street futures pointed moderately lower pre-bell Tuesday as traders again viewed tech issues warily, and awaited clarity on Persian Gulf hostilities.In the futures, the S&P 500 fell 0.4%, the Nasdaq declined 0.6% and the Dow Jones was off 0.1%.The VanEck Semiconductor exchange traded fund (SMH), a proxy for semiconductor-related shares, declined 1.6% pre-bell as traders mulled rich valuations but firming interest rates.Tech investors also await the earnings release from chip colossus Nvida (NVDA), slated to report after-bell Wednesday.Asian exchanges traded choppily overnight on evolving Middle East outlooks.European bourses tracked north midday on the continent.On the earnings scene, Home Depot (HD) traded up 0.6% pre-bell after the home-improvement chain posted fiscal Q1 results above expectations and affirmed guidance, in morning hours.On the economic calendar is the housing starts and permits bulletin for April at 8:30 am ET, followed by the pending home sales index for April at 10 am.Federal Reserve Philadelphia President Anna Paulson, acting Atlanta President Cheryl Venable and Governor Christopher Waller are slated to speak Tuesday.In premarket action, Bitcoin traded at $76,815, West Texas Intermediate crude oil traded lower off 1.2% at $103.13, and 10-year US Treasuries offered 4.61%. Spot gold commanded $4,542 an ounce.

Dow JonesNasdaq CompositeS&P 500

Treasury52d ago

Commerzbank on Overnight News

Commerzbank in its "European Sunrise" note of Tuesday highlighted:Markets: United States Treasuries and equities stay rangebound with Brent hovering just below US$110/barrel. Japanese government bonds give up initial gains, 30-year yields up 5bps. The dollar (USD) stabilizes.Fed: Kevin Warsh to be sworn in as Federal Reserve chair on Friday. Chicago Federal Reserve Bank President Austan Goolsbee says inflation is too high, jobs market stable.U.S. eases Russian oil sanctions for 30 days.USTs: Japan is mindful of risk from selling U.S. Treasuries as part of foreign exchange interventions, a finance ministry official says. Foreign holdings in USTs fell $138 billion in March, with Chinese holdings falling to their lowest since 2008.Iran war: President Donald Trump says he put off a military strike planned for Tuesday "for a little while, hopefully maybe forever," following a request from Gulf allies. A U.S. official denies an Iranian media report that the U.S. proposed to temporarily lift sanctions. Trump tells NYP he is "not open to anything right now."Russia-Ukraine war: Chinese President Xi Jinping told President Trump that Russian President Vladimir Putin might end up regretting the invasion of Ukraine (FT).==EUROPE:U.K.: Greater Manchester Mayor Andy Burnham rejects changes to fiscal rules, including exempting defense spending (spokesperson).The European Union will cut growth outlook, raise inflation forecast in Thursday's forecasts (Euroepan Commissioner Valdis Dombrovskis).EU ties payouts of 90 billion euros in Ukraine aid to unpopular tax change (Bloomberg).

$CXY$USD

Asia52d ago

China Shenhua Energy's Coal Sales Flat in April, Output Falls

China Shenhua Energy's (SHA:601088, HKG:1088) coal sales increased 0.2% to 51.1 million tons in April from 51 million tons in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.Commercial coal production slipped 2.9% to 40.6 million tons from 41.8 million tons in the prior-year period.Power output increased 15% to 20.8 billion kilowatt-hours from 18.2 billion kilowatt-hours, while gross power generation also climbed 15% year over year to 22.2 billion kilowatt-hours from 19.4 billion kilowatt-hours.For the four months ended April 30, coal sales jumped 1.3% to 199.2 million tons year over year, while production slipped 4% to 165.5 million tons.

HKG:1088SHA:601088

Research52d ago

Canaccord Genuity Downgrades Elders to Hold from Buy, Price Target is AU$5.34

ASX:ELD

Mining & Metals52d ago

Fury Advancing Metallurgical Testwork Program at the Eau Claire Gold Project in Quebec

$FURY.TO

Asia52d ago

Bharat Electronics' Fiscal Q4 Profit Rises

Bharat Electronics (NSE:BEL, BOM:500049) reported an increase in attributable consolidated profit to 22.3 billion Indian rupees in the fiscal fourth quarter ended March 31 from 21.3 billion rupees a year ago, according to a Monday filing on the local bourses.Earnings per share rose to 3.04 rupees from 2.91 rupees in the previous year's quarter.Revenue from operations in fiscal Q4 increased year over year to 102.2 billion rupees from 91.5 billion rupees.The company recommended a final dividend of 0.55 rupees per share for the financial year 2025-26.

BOM:500049NSE:BEL

Mining & Metals52d ago

Agnico Eagle Mines Makes Positive Investment Decision on Hope Bay Project

Agnico Eagle Mines (AEM.TO) has made a positive investment decision on the Hope Bay project in Nunavut, Canada, the company said on Tuesday.The company has completed a preliminary economic assessment, which contemplates an underground mining operation supported by a 6,000-tonne-per-day processing facility with estimated annual gold production of between 400,000 and 435,000 ounces.The study outlines an initial mine life of 11 years, with upside potential from regional exploration.Initial development capital expenditures are estimated at about US$2.4 billion. Projected average total cash costs per ounce and all in sustaining costs per ounce are approximately $958 and $1,214, respectively.In this initial phase, the Hope Bay project is expected to generate an after-tax internal rate of return of about 26%."The construction and redevelopment of Hope Bay will support the long-term sustainability of our Nunavut operating platform at between 800,000 ounces and one million ounces of annual gold production and represents the first major milestone toward delivering our targeted 20% to 30% production growth over the next decade," said Agnico Eagle President and Chief Executive Officer Ammar Al-Joundi.

$AEM.TO

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US Markets52d ago

Stocks Down Pre-Bell as Investors Assess Trump's Latest Iran Remarks

Dow JonesNasdaq CompositeS&P 500$HD$KEYS