Metals
Gold$4,614.69-1.44%|
Silver$73.38-2.82%|
Palladium$1,431.08-1.88%|
Platinum$1,933.89-2.34%|
Copper$5.99-1.58%|
Nickel$15,229.00+0.00%|
Zinc$3,383.38+0.15%|
Aluminum$3,529.30-0.89%|
Gold$4,614.69-1.44%|
Silver$73.38-2.82%|
Palladium$1,431.08-1.88%|
Platinum$1,933.89-2.34%|
Copper$5.99-1.58%|
Nickel$15,229.00+0.00%|
Zinc$3,383.38+0.15%|
Aluminum$3,529.30-0.89%|
Latest News
Back to News
Daily Newsletter

Daily Newsletter

Daily Newsletter
27 April 20265 Mins read

PRE-OPEN Futures linked to Canada's main stock index edged lower, while Wall Street futures were muted, with stalled U.S.-Iran peace talks denting risk appetite ahead of a busy week of central bank meetings, including the Bank of Canada.

Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Canadian retail sales rose 0.7% in February from January to C$72.06 billion on higher sales at motor vehicle and parts dealers, Statistics Canada said. In January, retail sales were up 1.1% on a monthly basis.
 

 

The Bank of Canada is expected to keep rates on hold at 2.25% on Wednesday as the oil price shock from the Iran war is a temporary blip unlikely to have a lasting impact on inflation expectations, economists said.

Canadian Prime Minister Mark Carney will announce plans to create a sovereign wealth fund on Monday, a day ahead of the spring economic statement, The Globe and Mail reported on Monday citing a senior government official.

The fragile demand recovery seen by consumer companies globally is at risk of getting stalled by chances of more price hikes as a result of soaring energy and commodity costs due to the Middle East conflict.


The U.S. has stepped in to shield the global economy from the oil crunch triggered by the Iran war by boosting exports, selectively easing sanctions and tapping strategic reserves. The conflict may be denting Washington’s standing in some quarters, but it is also cementing its transformation into the world’s dominant energy superpower.


 

The Canadian Chrome Company Inc. (CSE: CACR) (CSE: CACR.A), announce that the Company has exercised its option effective on April 24, 2026, to issue replacement debentures (the "Replacement Debentures") to the holders of the Series 2023 Debentures issued by the Company on April 24, 2023, May 26, 2023 and June 21, 2023 (the "Series 2023 Debentures"). The Replacement Debentures are being issued in accordance with the terms of the Series 2023 Debentures in payment of the outstanding aggregate principal amount of $2,198,500 payable on April 24, 2026, the maturity date of the Series 2023 Debentures. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293996


 

Delta Resources Limited (TSXV: DLTA)(OTC Pink: DTARF) (FSE: 6GO1) announce that it has registered 198 new mining claims contiguous to its flagship Delta-1 Gold Project, located near Thunder Bay, Ontario. These newly acquired claims expand Delta's land package by approximately 44.2 km².

With this addition, the Delta-1 Gold Project now encompasses approximately 341.6 km², significantly strengthening Delta's position within the highly prospective and underexplored Shebandowan Greenstone Belt.

The expansion captures an additional portion of the late tectonic Kekekuab pluton, which may be linked to gold mineralization in the southern part of the Property. It also encompasses volcanic rocks of the greenstone belt where a major northeast-trending structure coincides with a trend of anomalous Au in till. This strategic expansion enhances the Company's exposure to a district with strong geological potential and further solidifies its position in one of Canada's emerging gold exploration hotbeds. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294307


 

Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) announce that as a result of excess demand it is increasing the previously announced (April 14, 2026) non-brokered equity financing (the "Upsized Financing") to include up to an aggregate of 23,000,000 common shares for aggregate proceeds of up to $9,716,280. The Upsized Financing is comprised of flow-through common shares (the "FT Shares") and charity flow-through common shares (the "CFT Shares"). Up to 16,200,000 FT Shares will be offered at $0.41 per FT Share for aggregate proceeds of up to $6,642,000. And up to 6,800,000 CFT Shares will be offered at a price of $0.452 per CFT Share for aggregate proceeds of up to $3,074,280. The FT Shares and the CFT Shares will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act") and "Ontario focused flow-through shares" as defined in the Taxation Act, 2007 (Ontario) ("Ontario Tax Act"). The Upsized Financing is subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange. Finders' fees of 6% cash under the Upsized Financing may be payable to eligible arm's length persons with respect to certain subscriptions accepted by the Company. The Upsized Financing is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange (the "Closing"). All the securities issued under the Upsized Financing will be subject to a hold period of four months and one day. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294297

 

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO) (TSXV: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces that it has received a notice of exercise in respect of stock options over 500,000 common shares of no-par value each in the Company ("Common Shares"). The options were exercisable at a price of US$0.22 (CAD$0.30) per share and the Company has received proceeds of US$110,000 (CAD$150,000) in respect of the exercise.

Total Voting Rights

Application has been made for admission to trading on the TSX Venture Exchange and AIM of a total of 500,000 new Common Shares of no-par value ("Admission"). Admission is expected on or about 30 April 2026. On Admission, the new Common Shares will rank pari passu with the Company's existing Common Shares. Following Admission, the Company's issued share capital will consist of 348,309,027 Common Shares, with each Common Share carrying the right to one vote. The Company does not hold any Common Shares in treasury.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.


 

First Atlantic Nickel Corp. (TSXV: FAN | OTCQB: FANCF) announce that it will change its name to First Atlantic Nickel & Cobalt Corp. (the "Name Change"), effective April 29, 2026, to reinforce the natural cobalt content of awaruite. Awaruite (Ni₃Fe) is a rare, naturally magnetic nickel-iron-cobalt (Ni-Fe-Co) alloy mineral with a high grade of nickel content. The Company's Pipestone XL project in Newfoundland hosts broad zones of widely disseminated awaruite nickel and cobalt mineralization.


 

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) announce analytical results for its infill drill program, completed on March 31, 2026, at its Bégin-Lamarche property in Saguenay-Lac-Saint-Jean, Québec, Canada.

As previously announced, the Company's recent infill drilling campaign across the three major zones (Mountain, North and South) has confirmed extensive, continuous mineralization throughout the existing horizon of the initial Mineral Resource Estimate ("MRE") as well as two new phosphate intersects.

Existing mineralized areas, as well as the two newly discovered intersects, have now been defined in all directions and at depth. Based on the current assay results, the Mineral Resources identified in the Company's initial MRE, dated September 9, 2024, are now being updated into a current geological model which will be produced next month. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294274


 

One Bullion Ltd. (TSXV: OBUL), a gold exploration company holding complete ownership of three highly prospective mining areas in Botswana, is pleased to announce the completion of a targeted geological mapping and sampling program across seven identified artisanal workings within the Vumba Project.

“These results validate our geologic thesis at Vumba and give us increased confidence that we are dealing with a meaningful mineralized corridor that warrants follow-up drilling,” said One Bullion’s CEO, Adam Berk. “A cursory, first-pass sampling program has already returned visible gold and a headline grade of 679 g/t within a documented mineralized corridor, at grades not previously observed in this area. These results, combined with the high-resolution airborne geophysical survey soon to be underway, position One Bullion to rapidly refine drill targets and advance the Vumba License through 2026.”

This initial program marks the start of One Bullion’s 2026 exploration program and is designed to advance the Company’s geologic understanding of the property through increased surface exposure and sampling. This program allows for further evaluation of the gold potential beyond the Company’s previously trenched and drilled areas supporting a broader assessment of the Vumba Property. Although several of the artisanal workings are near historical trenches and drill holes, three previously unrecognized workings returned anomalous gold values, highlighting additional exploration upside and reinforcing the property’s expansion potential. A total of 39 rock samples were collected during the program and have been submitted to ALS Laboratories for geochemical analysis. Veins are hosted in amphibolite gneiss and schist and are characterized by smokey quartz with associated sulphides.


 

Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) announce that an independent National Instrument 43-101 Technical Report (the "Report") for its McGarry Project ("McGarry" or the "Project") has been filed by the Company and Stardust Metal Corp. (CSE: ZIGY) on SEDAR+, providing a comprehensive technical review of one of the most strategically located brownfield gold assets in the Kirkland Lake - Larder Lake district.

The Technical Report materially strengthens the case for McGarry as a high-quality gold project in one of Canada's premier gold districts and highlights a clear path toward validation, discovery, potential resource definition and growth. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294296


 

Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF)(Frankfurt: G6D2) announce that it has closed the second and final tranche of its previously announced $20 million non-brokered private placement (the “Offering”), for gross proceeds of approximately $4 million under the final tranche, consisting of 7,960,000 units (the “Units”). Each Unit consists of one common share of the Company and one common share purchase warrant, on the terms previously described in the Company’s February 10, 2026 news release.

The second and final tranche of the Offering consisted of a single subscription from African Rainbow Minerals Limited, an insider of the Company, whose participation constitutes a “related party transaction” for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 in completing the Offering with the insider on the basis that the fair market value of such participation is less than 25% of the Company’s current market capitalization.

For more information, visit www.surgecopper.com

 

World Markets

 

 

Euro STOXX 50 futures were up 17 points at 5,850, FTSE futures added 2 points to 10,401, German DAX futures gained 100 points at 24,365, by 0430 GMT. European shares were slightly higher, as investors prepared for a week packed with central bank meetings. In Asia, Japan's Nikkei closed above the key 60,000 mark for the first time as optimism over corporate earnings overshadowed concerns about the Middle East conflict, while Chinese stocks inched higher, led by technology shares.

Japan's Nikkei climbed to a record high, underpinned by optimism over corporate earnings and a glimmer of hope after a report on a new proposal to end the Middle East conflict.

Oil prices rose as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.  

 

S&P 500 and Nasdaq closed at record highs on Friday, bolstered by optimism for possible negotiations between the U.S. and Iran to end their war and a surge in Intel shares that extended the rally in semiconductor stocks.

 

Japan's Nikkei climbed to a record high, underpinned by optimism over corporate earnings and a glimmer of hope after a report on a new proposal to end the Middle East conflict.

 

The U.S. dollar started the day's session on the front foot as dimming hopes of a deal to end the Middle East war sapped the mood, keeping the Japanese yen pinned near the crucial 160 level ahead of the Bank of Japan's policy decision later in the week.

 

U.S. Treasuries firmed on Friday in choppy trading, with Middle East headlines in focus after news that peace talks between the United States and Iran could take place over the weekend, boosting optimism that their conflict may soon wind down.

 

Gold fell, pressured by a firm dollar, while higher oil prices heightened fears of inflation and higher-for-longer interest rates as U.S.-Iran peace talks remained stalled.

S&P 500 Index Mini Futures: 7,203.00; up 0.11%; 8.25 points
DJIA Mini Futures: 49,341.00; down 0.1%; 51 points
Nikkei: 60,857.71; up 1.91%; 1141.53 points
MSCI Asia, Ex-JP: 839.77; up 1.82%; 15.02 points
EUR/USD: $1.1730; up 0.07%; 0.0008 point
GBP/USD: $1.3545; up 0.09%; 0.0012 point
USD/JPY: 159.21 yen; down 0.11%; 0.17 point
Spot Gold: $4,726.10; up 0.37%; $17.41
U.S. Crude: $95.33; up 0.99%; $0.93
Brent Crude: $106.63; up 1.23%; $1.30
10-Yr U.S. Treasury Yield: 4.3196%; up 0.010 point
10-Yr Bund Yield: 2.9940%; down 0.014 point

 
 
 
Screenshot 2026-04-27 194434.png

 

Screenshot 2026-04-27 194456.png


 

 

US

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

US Futiures are flat as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from the Federal Reserve meeting this week. U.S. tech earnings due in the coming week include reports from 44% of the S&P 500 by market capitalization. Capital expenditure plans will be in focus for firms such as Microsoft, Alphabet, Amazon and Meta Platforms, set to report on Wednesday, while Apple will report a day later.

Alphabet Inc: South Korea and Google have agreed to build an artificial-intelligence campus in Seoul to develop cooperation between the tech firm and local engineers and startups, Kim Yong-beom, a presidential policy adviser, said. South Korean President Lee Jae Myung met with Google DeepMind Chief Executive Officer Demis Hassabis in Seoul on Monday, with the Science Ministry and the company signing a memorandum of understanding on the campus, Kim said. South Korea requested Google send at least 10 engineers to the AI campus from Google's headquarters in the United States and Hassabis said he would consider that, Kim said.

Apollo Global Management Inc: Forvia will sell its car interiors business to Apollo Funds for 1.82 billion euros ($2.13 billion) to cut its debt pile, the French auto parts supplier said, sending its shares higher. The unit, which supplies full instrument panel, door panel and centre console systems for cars, recorded 4.82 billion euros in sales in 2025, nearly 18% of the group total. Forvia aims to close the sale by the end of this year. It had first announced it planned to sell parts of the unit last November as part of a broader push to reduce debt.

Carlyle Group Inc: A private credit fund managed by alternative asset manager Carlyle Group saw investors request to redeem 4.8% of outstanding shares as of March 31 in the latest tender offer, according to a regulatory filing on Friday. Carlyle Credit Solutions will purchase 4.7 million shares from investors in the tender offer, the filing showed. The fund, targeting wealthy investors, focuses on private senior secured loans to sponsored U.S. middle-market companies. In comparison, Carlyle Credit Solutions had agreed to purchase roughly 4.2 million shares in the previous tender offer, which represented about 4.5% of outstanding shares as of December 31.

Frontier Group Holdings Inc: A group of U.S. budget airlines, including Frontier and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could be converted into equity stakes, the Wall Street Journal reported on Sunday. Chief executives of several low-cost carriers met with Transportation Secretary Sean Duffy and Federal Aviation Administration chief Bryan Bedford in Washington last Tuesday, the newspaper said, adding that discussions over a potential aid package are expected to continue in the coming days. According to the report, the group arrived at the $2.5 billion figure by estimating how much more it expects to spend on jet fuel this year compared with earlier forecasts, assuming prices remain above $4 a gallon on average.

JetBlue Airways Corp: Just as JetBlue Airways was nearing its first profitable year since the pandemic, a spike in fuel prices has revived questions about its turnaround, forcing the airline to raise more debt and quash bankruptcy speculation. The New York-based low-cost carrier started the year projecting confidence that a multiyear restructuring launched in 2024 was working, as cost pressures eased and travel demand remained buoyant. But fuel prices have soared since war erupted in the Middle East, and a potential U.S. bailout of Spirit Airlines may undermine JetBlue's fragile recovery. Wall Street is asking whether the carrier can survive what is turning out to be the worst jet fuel supply crisis the airline industry has faced, an unintended consequence of the Iran war launched by Washington. While U.S. airlines are still reporting strong demand, the war is torching profits.

Oracle Corp: Data center developer Related Digital said on Friday it has secured financing for a $16 billion data center campus it is building in Michigan for Oracle. The financing includes equity from Related Digital and funds affiliated with Blackstone, as well as fixed-rate, long-term debt financing anchored by PIMCO-managed funds and accounts, the company said. PIMCO bought about $10 billion of the bonds that priced Friday, while other investors bought the remainder of the debt, Bloomberg News reported, citing people familiar. PIMCO declined to comment to Reuters. OpenAI, Oracle and Related Digital in October announced the project of more than 1 gigawatt data center in Saline Township, Michigan, as part of their push to expand U.S. AI infrastructure capacity. Construction started in February.

Organon & Co: Sun Pharmaceutical Industries will buy the U.S. drugmaker in an all-cash deal valued at about $11.75 billion including debt, for the largest overseas acquisition by an Indian pharmaceutical company. The move comes as Sun, India's biggest drugmaker by market value, steps up a push into higher-margin specialty medicines with a sharper focus on areas such as dermatology, oncology and obesity to offset declining U.S. sales. Shifting tariff policies in the United States have squeezed margins for one of Indian drugmakers most exposed to the American market, prompting it to keep open the option of expanding manufacturing there. Though positive from an earnings standpoint, the deal is unlikely to materially change Sun's position in the United States, where Organon has a relatively small footprint, said Shrikant Akolkar of Nuvama Institutional Equities.

Europe / Asia


Trump said Iran could telephone if it wants to negotiate an end to their two-month war, as Tehran's foreign minister landed in Russia on Monday to seek support from President Vladimir Putin.​

Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the impact of the Middle East war.

Close Brothers and Santander do not intend to challenge the UK financial regulator's 9.1 billion pound compensation scheme for consumers who were allegedly mis-sold car finance, the banks' spokespersons said on Saturday.

China’s economic slowdown is squeezing Germany's carmakers further as they face a lasting shift away from the market conditions that underpinned years of dominance, a German industry official said at the Beijing auto show on Saturday.

Germany's banking watchdog BaFin on Friday moved to prohibit UniCredit from making defamatory statements in advertisements and analyst calls about the financial health of Germany's Commerzbank, as the Italian lender pushes for a takeover of its German rival.

ECONOMIC DATA (GMT)
0700 Germany GfK Consumer Sentiment for May: Expected -29.3; Prior -28.0
1000 United Kingdom CBI Distributive Trades for April: Prior -52

Source (but not limited to) AP, CNBC, Dow Jones, Financial Post, Financial Times, Globe & Mail, KITCO, LSEG, Thomson Reuters, Refinitiv.

Our Trusted Brands

Arras MineralsAfrikorArizona Gold & SilverAstra ExplorationAurion ResourcesBluenergiesBactechDigipower XGold Hunter ResourcesGolkorGuanajuatoHarfangHe CapitalKodiak Copper
LeviathanLoyalistMining Investment EventNoble PlainsPan GlobalPhenom ResourcesPower MetallicSilverWolfSpacekorUS GoldUSDCVivio PowerWest Red Lake

News & Updates

Subscribe to Our Latest News & Updates