C:*MKTOIL
- Energy Summary for May 16, 2025
[2025-05-16 16:42]
Oil prices notch a weekly gain. Strathcona Resources stirs the pot with a hostile takeover bid for MEG Energy. Bonterra Energy cheers rising production (but also has rising debt), and Frontera Energy gets a scolding from S&P.
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C:*MKTGOLD
- Gold Summary for May 16, 2025
[2025-05-16 16:38]
Nexgold Mining has hit new mineralization at Goldboro in Nova Scotia. Teuton Resources has closed its Luxor Metals spinoff. STLLR Gold has updated its resource and preliminary economic assessment for Tower, in Northern Ontario.
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C:*MKTDIAM
- Diamond & Specialty Minerals Summary for May 16, 2025
[2025-05-16 16:32]
Star Diamond finally has its prefeasibility cash, thanks to a big placement with Jean-Raymond Boulle, and the market appears relieved. Focus Graphite is in orbit over its Lac Knife graphite joining the space program.
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C:*MKTOIL
- Energy Summary for May 15, 2025
[2025-05-15 17:42]
ARC Resources and Tourmaline scoop up Montney assets from Strathcona Resources, which is becoming a heavy oil pure-play. Birchcliff Resources cuts its free cash flow forecast. Africa Oil, fresh off a "transformational" reorganization, rebrands as Meren.
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C:*MKTGOLD
- Gold Summary for May 15, 2025
[2025-05-15 16:46]
Snowline Gold has updated its resource estimate for Valley, at its Rogue project in Yukon. Kobo Resources applauds new drill hits at Jagger, on its Kossou project in Ivory Coast. Corcel Exploration cheers sampling assays from Yuma King in Arizona.
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C:*MKTDIAM
- Diamond & Specialty Minerals Summary for May 15, 2025
[2025-05-15 16:46]
Ucore Rare Metals is cheering a new cash incentive from the U.S. government. Manganese X Energy is pleased with its metallurgical results from Battery Hill in N.B. First Atlantic Nickel has new assays from RPM in Newfoundland.
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U:*SEC
- SEC defendant Bauer facing five-year jail term
[2025-05-14 19:36]
SEC defendant Ronald Bauer should receive a five-year prison term, say prosecutors in Boston. They cite his part in a "flagrant, manipulative" scheme that generated $15.3-million (U.S.) in gains.
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C:*MKTOIL
- Energy Summary for May 14, 2025
[2025-05-14 18:35]
Peyto Exploration raises a glass to its hedging program. Kolibri Global talks rising production in Oklahoma, while Touchstone Exploration grapples with falling production in Trinidad. Sintana Exploration plans an expansion into Angola.
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C:*MKTGOLD
- Gold Summary for May 14, 2025
[2025-05-14 18:09]
Independence Gold has resumed drilling at 3Ts in central B.C. after some fall and winter cheer. Colibri Resource is expanding its Diamante interest and selling a lesser play. Foran Mining is selling stock to aid development of McIlvenna Bay, near Flin Flon.
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C:*MKTDIAM
- Diamond & Specialty Minerals Summary for May 14, 2025
[2025-05-14 17:46]
District Metals is raising cash to support its exploration projects in Sweden. Scandium Canada is cheering completion of its metallurgical testing for Crater Lake. Class 1 Nickel and Technologies is pondering a big budget for its Dundonald project.
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C:*MKTOIL
- Energy Summary for May 13, 2025
[2025-05-13 19:09]
A former MEG Energy director becomes Canada's new Energy Minister. Paramount Resources eyes expansion in the Sinclair Montney. Touchstone Exploration secures a hard-won loan for $30-million, and Petrotal talks up its new $65-million (U.S.) term loan.
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U:DMN
- Damon denies wrongdoing in DeFrancesco lawsuit
[2025-05-13 19:08]
Damon Inc., a Vancouver Nasdaq listing being sued by Andy DeFrancesco over $3.2-million worth of stock, denies that it owes Mr. DeFrancesco anything. Mr. DeFrancesco claimed that the company was to issue the shares for services.
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C:*MKTGOLD
- Gold Summary for May 13, 2025
[2025-05-13 17:37]
West Red Lake Gold Mines has hit more high-grade gold at Austin South, at its Madsen mine-to-be near Red Lake. G2 Goldfields has assays from Peters, near Oko in Guyana. Liberty Gold has begun a new drill program to grow its Black Pine project in Idaho.
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C:*MKTDIAM
- Diamond & Specialty Minerals Summary for May 13, 2025
[2025-05-13 17:13]
Arctic Star Exploration has a (not so) new man in charge of daily operations as it looks to finance drilling this year. Rock Tech Lithium has also shuffled its management. Pan Global Resources has new assays from La Romana in Spain.
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C:CM
- CIBC defeats former employee Bockhold in court
[2025-05-12 19:34]
CIBC Wood Gundy has won a $292,587 judgment in a case that saw the firm accused of facilitating wrongful activities worth as much as $4-billion. A former employee claimed that CIBC helped to manipulate small mining companies.
more...
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