- Copper Mountain sued by former CFO Shier over firing
Copper Mountain Mining Corp.'s former CFO, Rodney Shier, has sued the company over his firing. He claims that the company had no reason to dismiss him, and is seeking $1.57-million in damages.
- Cannabis Summary for Sept. 23, 2022
Canadians set a new monthly record for cannabis, but concerns about the crowded Ontario market persist. High Tide and others trumpet rising revenue. Glass Hosue gets a new cheerleader, and Halo Collective closes a long-delayed acquisition in Oregon.
- Diamond & Specialty Minerals Summary for Sept. 23, 2022
Defense Metals has another long hit of rare earth oxides at its Wicheeda project in central B.C. Elektra Battery Materials has a deal to sell cobalt from its proposed plant in Thunder Bay to LG Energy Solution. Avalon Advanced Materials is looking to sell lithium to LG.
- Energy Summary for Sept. 23, 2022
Oil tumbles to its lowest prices in eight months. The Petroleum Services Association of Canada (PSAC) hops aboard the rebranding train. InPlay Oil polishes its green credentials, while Surge Energy plans a debt redemption and Africa Oil a share buyback.
- Gold Summary for Sept. 23, 2022
Revival Gold has another long, higher-grade hit at Joss on its Beartrack-Arnett project in Idaho. Skeena Resources has sold $35-million of new shares for its Eskay Creek project. Newmont has sold a minority interest in the mammoth Mira project in Argentina to Gold Fields.
- SEC defendant Roe protests Sandy Steele fine
SEC defendant Doug Roe says a proposed $600,000 (U.S.) fine he faces for a face mask promotion is excessive. He claims that his role was minimal, with others orchestrating the scheme.
- Cannabis Summary for Sept. 22, 2022
Aurora Cannabis and others see Ottawa launch its review of the Cannabis Act, nearly a year behind schedule. Tilray expands further into Europe. Trulieve wins a long-awaited licence in Georgia, while Terrascend brings in a new regional president.
- Energy Summary for Sept. 22, 2022
Canada's Environment Minister pooh-poohs the idea of an oil and gas windfall tax. Tamarack Valley sells another $100-million of "sustainability" bonds. Reconnaissance Energy firms up an acquisition, while Athabasca Oil basks in analyst adulation.
- Gold Summary for Sept. 22, 2022
Vizsla Silver has new assays from the Cruz Negra vein, west of Napoleon, on its Panuco project in Mexico. Kesselrun Resources struggled on word of new assays from its Huronian project in Ontario. Western Alaska Minerals disappointed investors with assays from Alaska.
- Diamond & Specialty Minerals Summary for Sept. 22, 2022
Equity Metals' Monument sits idle, but there remain encouraging signs in the old data to support larger tests. Fuse Cobalt is getting set to drill its Glencore Bucke cobalt prospect once again. Gratomic cheers its bench-mining progress at Aukam in Namibia.
- IIROC claims former ATB employee misappropriated $10.4M
IIROC has begun proceedings against Marc Leon St. Pierre, a former ATB Securities Inc. employee, over the misappropriation of $10.4-million from vulnerable clients.
- Diamond & Specialty Minerals Summary for Sept. 21, 2022
Golden Share Resources has a new head but the same old excuses preventing a drill program at Ogoki. Frontier Lithium has drilled a long, high-grade lithium interval at Spark, in Northwestern Ontario. International Lithium has assays from Raleigh Lake in Ontario.
- Energy Summary for Sept. 21, 2022
Oil prices whipsaw as Russia's escalating war rhetoric meets the Fed's rising interest rates. ARC Resources is a future LNG "heavyweight," says an analyst. RBC defends the oil and gas sector, while Eco Oil says its chairman is a victim of fraud.
- Cannabis Summary for Sept. 21, 2022
Aurora Cannabis slides on another batch of disappointing financials, including a loss of $618-million. Rubicon Organics stirs up excitement for its own financials, but really needs a new CEO. Columbia Care's shareholders await updates on asset sales.
- Gold Summary for Sept. 21, 2022
NuLegacy Gold has suspended drilling early at its Red Hill project in Nevada until it can see the results and better raise cash. Goliath Resources is also waiting for assays, but it is cheering visible gold at Golddigger. Silver Mountain Resources has assays from Peru.
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