Credit Agency Flags Budget 2025 Could Erode Federal Finances
Fitch Ratings warned that Canada’s proposed 2025 budget underscores erosion of federal finances and could increase rating pressure over the medium term even as the sovereign remains AA+ with a Stable outlook. In its wire note, the agency wrote that while “Canada’s rating is broadly stable, persistent fiscal expansion and a rising debt burden have […]
Tilt Holdings Latest Cannabis Firm To File Under CCAA, Wiping Out Shareholders
Another US multi-state operator has hit the rocks. Tilt Holdings (CBOE: TILT) this morning announced that they have filed for, and been granted, an initial order in the Supreme Court of British Columbia under the Companies’ Creditors Arrangement Act. The filing follows the company reaching an agreement with the holders of senior secured notes of […]
enCore Energy Narrows Loss By 67% In Q3 2025 On Stronger Margins
enCore Energy (TSXV: EU) cut its quarterly loss per share to $0.03 in Q3 2025 from $0.09 a year ago as higher deliveries at firmer prices and lower unit costs lifted margins. The company delivered 130,000 pounds of U₃O₈ at an average realized price of $68.28 per pound, producing estimated revenue of $8.9 million. The […]
Oil Capacity Set To Increase As Enbridge Upsizes Mainline
Enbridge (TSX: ENB) said it will accelerate an upsized expansion of its Mainline system, adding 150,000 barrels a day by 2027 and 250,000 barrels a day by 2028 after the network ran full in the third quarter. The company had previously guided to a two-step plan of 150,000 barrels a day in 2027 and 150,000 […]
Lithium Argentina Rallies On 150ktpa PPG Plan, Eclipsing Wider Q3 2025 Loss
Lithium Argentina (TSX: LAR) reported its Q3 2025 financials, highlighted by a net loss of $64.5 million, up from a $2.4 million loss a year earlier, as total expenses rose to $60.4 million from $8.8 million and equity-accounted losses from Cauchari-Olaroz swelled. The larger loss primarily reflected a $52.5 million share of loss from the […]
Stifel Initiates Coverage On Goliath Resources With $5.00 Price Target
A “Surebet” lands Goliath Resources (TSXV: GOT) in Stifel’s initiated coverage of the miner with a Buy rating and a $5.00 target price, which implies about 89% upside to the October 31 close at $2.65.
Barrick Mining Q3 2025: Record Cash Flow Lifted By Prices Despite Lower Volume
Barrick Mining (TSX: ABX) reported Q3 2025 revenue of $4.15 billion, up 23% year over year from $3.37 billion, driven by higher prices despite lower output. Segment revenue reflected stronger realized prices and higher sequential gold sales: gold revenue was $2.94 billion, up 20% year over year, while copper revenue was $472 million, up 32% […]
ESGold Completes Mill Building Construction, Final Equipment Procurement Underway
ESGold Corp (CSE: ESAU) has achieved a critical milestone as it works to advance towards production at their flagship and fully permitted Montauban gold-silver project in Quebec. The company as of this morning has completed the main building on site.
Talisker Terminates Milling Arrangement With Nicola Mining In Favor Of Ocean Partners Deal
Talisker Resources (TSX: TSK) is walking away from a toll milling agreement that was in place with Nicola Mining (TSXV: NIM) earlier than planned. The company has served Nicola with a 60 day notice of termination for the milling agreement that is currently in place. The termination of the arrangement follows Talisker entering into an […]
Silver Tiger Receives Permits For Open Pit El Tigre Stockwork Project In Mexico
Silver Tiger Metals (TSXV: SLVR) finally received the required permits and approvals from the Mexican Federal Environmental Department for the construction of their El Tigre Stockwork silver-gold project in the state of Sonora, Mexico. The approval, which permits the development of the open pit mining plan, represents one of the first approvals granted by the […]