F3 Uranium Drills 3.4% U3O8 Over 8.5 Metres At JR Zone
F3 Uranium (TSXV: FUU) has again intersected high grade uranium at the JR Zone, with the latest drill holes said to be conducted in support of an upcoming maiden resource estimate for the zone. The company this morning released assay results from two holes conducted at the zone, while also releasing assay results from the […]
Equinox Gold To Sell Brazil Operations For Up To $1.0 Billion
Equinox Gold (TSX: EQX) continues to right-size its operation following the merger with Calibre Mining earlier this year. The company has again announced plans to sell off certain non-core assets, with the latest asset package to be sold off consisting of their Brazil operations. The latest transaction will see the sale of the Aurizona Mine, […]
Li-FT To Buy Winsome In An A$130.8M Deal
Li-FT Power (TSXV: LIFT) has signed a binding scheme implementation deed to acquire 100% of Winsome Resources, while separately signing a non-binding LOI to buy an aggregate 75% of the adjacent Galinée property from Azimut Exploration and SOQUEM, with the Winsome transaction explicitly conditional on completing Galinée. Winsome shareholders will receive 0.107 of a Li-FT […]
Soma Gold: Q3 Earnings Impacted By Labour Strike
Things seem to just keep getting worse in terms of quarterly results for Soma Gold (TSXV: SOMA) this year, after the second quarter failed to improve over Q1. And things didn’t get any better from there. In September, the company was hit with a strike by its unionized workforce at the El Bagre Gold Complex […]
Calgary-Banff Rail Proponents Submit Plan for Federal Major Project Status
Developers behind a proposed $2.6 billion hydrogen-powered passenger rail connecting Calgary’s airport to Banff National Park submitted their application Tuesday to the federal government’s Major Projects Office, seeking fast-track approval for what they describe as nation-building infrastructure. Liricon Capital and Plenary Americas presented their Calgary Airport to Banff Rail proposal to the federal agency established […]
Thesis Gold: The Multi-Billion Dollar Lawyers-Ranch PFS
Sentiment is running high for Thesis Gold (TSXV: TAU) this week, following the release of a positive prefeasibility study for their flagship Lawyers-Ranch project in the Toodoggone mining district of BC. The study builds on a preliminary economic assessment completed just last year in October. The rising gold environment has played heavily in favor of […]
Ottawa Leans On Bay Street And Hits Talent Wall
As Ottawa’s new Major Projects Office aims to augment development, it is ironically running into a talent shortage problem at the exact cohort it most wants to attract, as Bay Street firms balk at seconding junior and mid-career staff into lower paid, higher risk roles, according to industry sources. The MPO was created in August […]
580K Trust Shortfall Triggers Real Estate Broker’s Account Freeze
Ontario’s real estate regulator has frozen the bank accounts of HomeLife Today Realty after a planned inspection identified a roughly $580,000 shortfall in the brokerage’s trust account. The Real Estate Council of Ontario said it initiated a pre-inspection process and, after spotting a potential discrepancy, conducted an on-site inspection that confirmed a significant shortfall the […]
Recall Law Bites Danielle Smith Back In First Petition In 90 Years
Citizen-led recall petitions against Premier Danielle Smith and 21 other MLAs are testing Alberta’s recall law as a tool of accountability. Smith has become only the second Alberta premier to face a citizen recall effort, and the first in almost 90 years, after Elections Alberta approved petition drives in her Brooks-Medicine Hat riding and against […]
Eby Blasts “Dramatic, Overreaching, And Unhelpful” Court Rulings
Premier David Eby escalated a public fight with the judiciary, arguing two recent decisions on Indigenous rights and title are injecting uncertainty into BC economy and threatening progress on reconciliation that has allegedly supported roughly $100 billion in resource projects. Speaking at a BC Chamber of Commerce luncheon, Eby criticized a BC Supreme Court ruling […]