Canada

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the fastest increase in operating costs in four years, S&P ‌Global's Canada services PMI data showed.

Britain's Centrica said it had signed a 10-year gas supply deal with Canada's Peyto Exploration and Development for 50,000 million British thermal units of natural gas per day starting in 2029.

Canada will extend steel tariff-rate quotas and tariff relief on certain U.S. steel and aluminum imports by one year, Finance Minister François-Philippe Champagne said on Wednesday, citing the need to shield workers from global excess capacity and give industry longer-term certainty.
 

The trickle of tankers exiting the Strait of Hormuz has gathered pace in recent weeks, as traders adopt stealth measures to make the crossing. While this is freeing some of the vast oil inventories trapped in the Gulf, it does not signal a slow return to normalcy. Instead, it previews the opaque, fragmented energy market the Iran war is set to leave in its wake.

Legacy Gold Mines Ltd. (TSXV: LEGY) reports that, as planned, a second diamond drill arrived on the Baner Gold Mine Property in Idaho County, Idaho, USA ("Baner Property") and commenced drilling over the weekend of May 30th. The Company's 2026 exploration plan is for the first 12,000 feet (3,658 meters) to be core drilled, after which reverse circulation ("RC") drilling will take over to drill the remaining 28,000 feet (8,536 meters) of the program in the months of July through September, subject to receipt of required permits and approvals. This program follows up on the successful 2025 results by targeting the Main and NE Zones, as well as new exploration targets indicated by large gold in soil anomalies co-incident with geophysical conductors and similar magnetic highs as are in the Main Zone.

In an effort to advance production conceptualization for the Baner Property, alongside the commencement of drilling, the Company has entered into a contract with RDI - a Division of McCarl's Technical Services, LLC - for Metallurgical and Deportment studies that will follow up on previous work carried out by RDI on the Baner Property. The Company has also entered into a contract with Expert Geophysics Limited for airborne geophysical MT (Magnetotellurics) and magnetic surveys over the entire property.

"Central Idaho is an exciting new center for US gold production following decades of exploration by Canadian Companies and the Oro Grande District - where the Baner property sits - will benefit from this momentum," said Brian Hinchcliffe, Chairman and CEO of Legacy Gold. "Most of the historic gold mines on the Baner are in the Main Zone but our geologists are keen to use today's high tech exploration tools to expand exploration and drilling to the Northwest, Northeast and to the South of the Main Zone as the 2026 exploration program advances."

Magnetotellurics is a passive electromagnetic system designed to measure resistivity/conductivity of the Earth and is especially useful for penetrating to deeper levels than comparable geophysical methods. The aim of the survey is to identify conductors beneath the water table that may represent the sulphide equivalents of the Baner Property oxide mineralization. The idea is to see if there are significant concentrations of sulphides, suggesting best places to drill oxides above (and possibly finding the depth of potential intrusive fluid sources for the overlying gold). The 339 line kms survey will be conducted in June by Expert Geophysics Limited and flown at 100m line spacing using their MobileMT system. The survey will include airborne magnetics. The results will help inform targeting for follow-up drilling planned for later in the year. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299988

Alaska Silver Corp. (TSXV: WAM) (OTCQX: WAMFF) announce the commencement of its 2026 drilling and exploration program at the Company's 100%-owned Illinois Creek Project in western Alaska.

The Company's fully funded, two-rig, 6,000 meter exploration program is designed to expand the Waterpump Creek ("WPC") resource, evaluate the discovery potential of the Silver Sage target, and advance several emerging exploration targets across the broader Illinois Creek district. Additionally, the Company plans to advance baseline studies for fish habitat, cultural resources and wetlands in parallel with expanded environmental and geoscience programs which will support future permitting and regulatory assessments.

Kit Marrs, President and Chief Executive Officer of Alaska Silver, commented: "The 2026 field season represents one of the most ambitious exploration programs ever undertaken across the Illinois Creek district. We are pursuing both near-term resource growth at Waterpump Creek and exciting new discovery opportunities at Silver Sage and elsewhere across the project. With a strong, expanded technical team, two drill rigs operating simultaneously, and multiple trenching programs planned, we believe this year's program has the potential to significantly advance our understanding of the district and unlock substantial shareholder value. Our team is extremely motivated and excited as we begin this season's work."

Banyan Gold Corp. (TSX-V:BYN) (OTCQB:BYAGF) announce that it has entered into a definitive agreement with Generic Gold Corp. ("Generic Gold") to acquire a 100% interest in Generic Gold's entire Yukon exploration portfolio, comprising 2,158 claims across the Goodman, Seattle, VIP, Summit and Livingstone claim blocks (collectively, the "Properties"), in the prospective Tintina Gold Belt, for all-share consideration of $3,000,000 (the "Transaction").

"The acquisition of the Generic Gold properties expands Banyan's exploration pipeline in the Yukon and provides our exploration team with a portfolio of drill-ready and early-stage gold targets to which we can apply the geological, geophysical and structural models developed internally," said Tara Christie, President and CEO. "We have opportunity to leverage our district scale geologic dataset and apply the exploration targeting strategies developed at AurMac and Nitra across our expanded project portfolio. The timing of this acquisition will allow Banyan to utilize existing logistical support to rapidly deploy preliminary exploration efforts in the Goodman and Seattle areas and then across all of our projects.” View the original press release on ACCESS Newswire

Dryden Gold Corp. (TSXV: DRY) (OTCQX: DRYGF) (FSE: X7W) announce more high-grade results on the Big Master Gold System at Gold Rock. Two drill holes tested the near-surface mineralization above (up-dip) from the recent Sparrow discovery. The third hole intersected Barrelman on BM1 and Treasure on BM2 expanding these zones at depth (Figure 2). The latest results validate the Company's exploration model and support an expanded 2026 drill program at Gold Rock. A second drill rig has been contracted and is scheduled for deployment on July 1. The 2026 drill program has now expanded to 45,000 meters.

Trey Wasser, Dryden Gold's CEO, stated, "The geology team continues to deliver both high-grade results and wide lower grade intercepts, near-surface, across the 1 square kilometer footprint at Gold Rock. Last year's discovery of multiple parallel mineralized structures and the gold bearing D3 deformation event has led to the development of dozens of additional high-grade drill targets. We have now developed and tested the 3-D geological model to more accurately define new targets and expand known zones at depth. With the closing of the recent financing the Company has increased the drill program to 45,000 meters with a primary goal of more fully defining the gold mineralization at Gold Rock.” To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300082

Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) announce that it has changed its name to "Talamore Mining Corp." (the "Name Change") and trading symbol to "TALA". The board of directors of the Company passed a resolution on April 27, 2026, approving the Name Change in accordance with the articles of the Company.

It is anticipated that the Company's common shares (the "Common Shares") will commence trading on the TSX Venture Exchange (the "TSXV") under the new name, "Talamore Mining Corp." effective as of the open of markets on June 8, 2026. The Common Shares will trade under the trading symbol "TALA" on the TSXV.

The CUSIP number assigned to the Company's shares following the Name Change is 874085103 (ISIN: CA8740851032). To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300091

Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) announces that it has granted incentive stock options to purchase a total of 1,950,000 common shares at an exercise price of $0.09 per common share for a period of five (5) years to certain directors and officers in accordance with the provisions of its omnibus equity incentive plan. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300047

Geomega Resources Inc. (TSXV: GMA) announce that it has obtained the environmental permit from the Ministère de l'Environnement, de la Lutte contre les Changements Climatiques, de la Faune et des Parcs (MELCCFP) for its rare earth magnet (NdFeB) recycling demonstration plant located in Saint-Hubert, Quebec. The Corporation also provides updates on the ongoing construction of the demonstration plant, the advancement of its new research and piloting facilities, and progress on the bauxite residue valorization demonstration project being developed in collaboration with Rio Tinto.

Light AI Inc. (CBOE CA: ALGO) (FSE: OHC) (OTCQB: OHCFF), a digital healthcare technology company focused on developing artificial intelligence ("AI") health diagnostic solutions, is pleased to announce that today announced the initiation of its FDA pivotal clinical trial for QuickScan(TM) Strep A, the Company's investigational Software as a Medical Device ("SaMD") designed to assist in the assessment of suspected Group A Streptococcus ("Strep A") pharyngitis.

The Company has received ethics committee approval to commence the study. The pivotal clinical trial is intended to generate clinical evidence to support a future submission to the U.S. Food and Drug Administration ("FDA") for potential marketing authorization of QuickScan(TM) Strep A as a Class II medical device.

The study protocol and design are informed by prior regulatory interactions, including pre-submission feedback received by the Company during its 2024 FDA Q-Sub process. Light AI believes the study is appropriately designed to support its planned regulatory submission strategy; however, no assurance can be provided regarding the outcome of any FDA review or authorization process.

Promino Nutritional Sciences, Inc. (CSE: MUSL) (OTCID: MUSLF) (FSE: 93X) a performance nutrition company focused on muscle health and recovery, is pleased to announce that its flagship Promino NSF Certified for Sport® product has been named an official nutrition partner of Team Canada Speedsoft as the team prepares to compete in international competition during the 2026 season.

The partnership will provide Team Canada athletes with access to Promino's proprietary amino acid formulation, a low-calorie, sugar-free alternative to traditional protein supplements designed to support muscle recovery, strength and athletic performance. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300100

PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103), a leader in independent energy development and asset ownership in North America, today announced the launch of its refreshed corporate website at www.powerbankcorp.com and the change of its trading symbols on the NASDAQ and Cboe Canada Exchange to "PBK". These rebranding efforts reflect the Company's expanded strategic vision as AI compute infrastructure and modular data centers emerge as a key pillar alongside its core renewable energy development and Independent Power Producer ("IPP") platform. View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-data-center-strategy-drives-powerbanks-corporate-rebrand-302790836.html

Roxmore Resources Inc. (TSX: RM) (OTCQX: GARLF)  announce that, further to its news release on June 3, 2025, it has completed the secondary payment to acquire the Newton Gold Project (the "Transaction") by issuing common shares of the Company (the "Common Shares") to Carlyle Commodities Corp. ("Carlyle") pursuant to the terms of the mineral property purchase agreement with dated May 23, 2025 (the "Mineral Property Purchase Agreement").

Pursuant to the Mineral Property Purchase Agreement, the Company issued 312,500 Common Shares to Carlyle, which have an aggregate deemed value of C$1,250,000 (the "Secondary Payment Shares"), at an issue price of C$4.00 per Common Share, being the 20-day value-weighted average price of the Common Shares, ending at June 2, 2026. The Secondary Payment Shares were issued on June 3, 2026, being the 12-month anniversary of the closing of the acquisition of the Newton Gold Project. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300052

TempraMed Technologies Ltd.(CSE: VIVI) (FSE: 9DY), a medical-technology innovator transforming how temperature-sensitive medications are stored and managed, is pleased to announce that it has signed an agreement with Mobil Saúde Comercial Ltda ("Mobil Saúde") regarding the exclusive distribution of TempraMed products in Brazil.

The agreement marks another important step in TempraMed's strategy to expand throughout Latin America and follows the Company's recent distribution initiatives in Central America and other international markets. Under the contemplated agreement, Mobil Saúde is expected to distribute TempraMed's portfolio initially including VIVI Cap™, with the potential addition of VIVI Med™, VIVI Epi™, and VIVI Cap Smart™ as the partnership develops.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300055

West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) announce results from its property-wide target testing program. The initial drilling campaign into the Union Pass Fault Corridor at the Bull 8 target returned significant gold values highlighted by a 21.4 metre ("m") broad interval of gold ("Au") mineralization at 1.01 grams per tonne ("g/t"). The Bull 8 target is approximately 6 kilometres ("km") northwest ("NW') of the Tyro zone, outside of where the company is working on its upcoming maiden mineral resource estimate ("MRE").

The Union Pass Fault is a major regional structural feature, with several associated faults mapped and sampled along its 12km strike length on the property. Initial drilling into the Union Pass Fault Corridor was targeted at Bull 8, which has several historical prospect pits and trenches. West Point Gold completed surface mapping and sampling in the area, which revealed a broad northwest-trending zone of highly prospective mineralization; rock types hosted within gold-bearing structures that have returned gold values greater than 2 g/t Au. Bull 8 is on the northwest portion of the Union Pass Fault Corridor, shown to be a controlling structure of the Frisco Graben. To date, 20,116m of the ongoing drill program at the Gold Chain project has been completed. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300085

Xali Gold Corp. (TSXV: XGC) announce the completion of the initial underground and surface rock chip sampling program (the “Program”) on its Pico Machay Gold Project (“Pico Machay” or the “Project”) in Central Peru.  

The Program included all accessible underground workings excavated since Aquiline Resources’ 2009 exploration, resource, and feasibility work at Pico Machay and was predominantly within the historical resource area. This is the first time the historical resource area has been sampled from underground, so will provide the Company with excellent resource confirmation data as well as additional new geological, grade and grade distribution data. The results will support the preparation of an updated mineral resource estimate, which is expected to form the basis of an updated Preliminary Economic Assessment (“PEA”) for Pico Machay. All samples collected during the Program have been submitted to the laboratory for analysis, with results expected in approximately two weeks.

World Markets

US

S&P 500 and Nasdaq 100 futures are lower as renewed U.S.-Iran fighting dampened sentiment, while Broadcom’s revenue miss weighed on chip stocks. Weekly jobless claims data due later will be the final reading before Friday’s monthly employment report, offering Federal Reserve Chairman Kevin Warsh a fresh gauge of the labour market ahead of his first policy meeting this month, as consumers face Iran-driven price pressures.

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.

The nation's top bank regulators plan to tell Congress on Thursday that their efforts to trim bank rules and oversight will bolster economic activity and innovation without injecting undue risk into the financial system.

Alphabet & Meta Platforms Inc: The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle ‌99% of international internet traffic, proposing rules that will make it harder for Chinese companies to provide equipment and fast-track approvals for trusted U.S. tech firms. The FCC said it was planning to require licenses for the first time for operators of submarine line terminal equipment, which perform the most critical function of a submarine cable system by connecting to U.S. terrestrial facilities. U.S. companies such as Facebook parent Meta and Alphabet unit Google are likely to benefit from the process to get quicker approval to operate additional undersea cable systems to handle growing internet traffic.

Broadcom Inc: The chipmaker missed Wall Street expectations for second-quarter revenue on Wednesday and its top executive left a previous 2027 sales forecast unchanged. Second-quarter revenue of $22.19 billion missed estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphics processing units remain the industry standard for AI workloads. Broadcom also said it expects AI chip revenue of $16 billion in its current third quarter, slightly below estimates of $16.36 billion, according to analysts polled by Visible Alpha. Broadcom forecast third-quarter revenue of about $29.4 billion, compared with analysts' average estimate of $28.54 billion. Meanwhile, Broadcom shares sank in premarket trading.

Century Aluminum Co: Oklahoma's attorney general has filed a lawsuit seeking to block Emirates Global Aluminum (EGA) and Century Aluminum from building the largest U.S. aluminum smelter, citing concerns about the project's ties to the United Arab Emirates and worries the project could harm the state's cattle. The suit was filed in state court on Tuesday by Gentner Drummond, a Republican who was elected as attorney general in 2022 and is now running for governor. It seeks to tap into the simmering tension across the U.S. about the buildout of critical minerals projects, especially in rural towns with deep ties to farming and ranching.

CrowdStrike Holdings Inc: The company shares slid in premarket trading after the cybersecurity firm's annual recurring revenue (ARR) growth failed to impress investors expecting a boost from AI investments. The stock had rallied 60% in May. CrowdStrike's ARR grew 22% year-over-year to $4.44 billion, of which $193.8 million of net new ARR was added in the first quarter. The company reported a 15% jump in its first-quarter operating expenses on Wednesday, as it ramps up investments in AI and product development. CrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $5.93 billion. CrowdStrike also announced a four-for-one stock split.

Honeywell International Inc: Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering. Quantinuum will begin trading on the Nasdaq on Thursday, under the ticker symbol "QNT". Honeywell, which has a market capitalization of roughly $150 billion, will retain about 48.1% of the company's combined voting power after the offering is completed, Quantinuum disclosed in its IPO filing.

Intel Corp: Foxconn said it will work with U.S. chipmaker Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Taiwan's Foxconn said in a statement that the partnership would combine Intel's chip technology with Foxconn's manufacturing and system-building expertise. The companies plan to work on equipment used in AI data centres, including server racks powered by Intel Xeon processors and AI accelerator chips. They will also focus on high-speed interconnect technologies, cooling designs and energy efficiency solutions in AI systems. Foxconn and Intel also aim to develop AI systems for use outside traditional data centres, including in factories, smart cities and robots.

JPMorgan Chase & Co: CEO Jamie Dimon will pitch the upcoming initial public offering of SpaceX to the bank's wealthy clients this week in a bid to drive retail participation in the record offering, a source familiar with the matter said on Wednesday. Dimon and senior executives Mary Erdoes and Marianne Lake are set to host the event from the bank's headquarters in New York City, with more than 2,500 clients expected to attend in what will be the first such event for the bank at this scale. SpaceX Chief Operating Officer Gwynne Shotwell and CFO Bret Johnsen will also attend, the source said. JPMorgan, one of the vast syndicate of banks working on the SpaceX IPO, will broadcast the event for wealthy clients across 90 locations in 26 states, including some JPMorgan branch locations, the source said.

NVIDIA Corp: When CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show. While a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI landscape. "Nvidia's dependence on South Korean suppliers is rising," Jeff Kim, an analyst at Seoul-based KB Securities, wrote in a research note. Huang "needs a manufacturing site for physical AI," Kim said. "South Korea is emerging as a perfect testbed."

Sunshine Silver Mining & Refining ​Company: The firm raised $270 million in its U.S. initial public offering on Wednesday, joining a growing number of companies rushing to seize buoyant investor enthusiasm for fresh listings. The Kellogg, Idaho-based company sold 20 million shares at $13.50 apiece, at the lower end of its indicated range. Its backers include the Electrum Group and Ospraie Management. According to the filing, Electrum is expected to retain more than 50% of Sunshine Silver's outstanding shares after the IPO is completed. Sunshine Silver will list on the New York Stock Exchange on Thursday under the symbol "SSMR", alongside several prominent names such as Honeywell's Quantinuum and gas-engine manufacturer Innio.

ECONOMIC DATA
0830 Unit labour costs revised for Q1: Expected 2.5%; Prior 2.3%
0830 Productivity revised for Q1: Expected 0.5%; Prior 0.8%
0830 Initial jobless claims for w/e May 30: Expected 213,000; Prior 215,000
0830 Jobless claims 4-week average for w/e May 30: Prior 209,000
0830 Continued jobless claims for w/e May 23: Expected 1.780 mln; Prior 1.786 mln

Europe / Asia

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