Canadian futures are flat as investors weighed developments in the Middle East and fresh corporate earnings, while bracing for a week of key U.S. economic data. S&P 500 and Nasdaq futures in the U.S. inched higher.
Canada
Adyton Resources Corporation (TSXV: ADY, OTCQB: ADYRF, FSE: 701GR)announce an updated NI 43‑101 Mineral Resource Estimate (MRE) for its Gameta Gold Project (“Gameta” or the “Project”) on Fergusson Island, Papua New Guinea (PNG).
The Gameta Gold Project represents a key growth opportunity within Adyton’s Fergusson Island portfolio and is being advanced alongside the Company’s Wapolu Project, where Adyton is targeting a potential restart of historical mining operations in Q4 2026. The Gameta and Wapolu projects, held in partnership with East Vision International Holdings (“EVIH”), are located on Fergusson Island in Papua New Guinea’s Milne Bay Province, a region that also hosts the Woodlark and Misima gold projects.
Located approximately 30 kilometres east of the historic Wapolu mine, which operated during the mid-1990s, Gameta benefits from its proximity to existing infrastructure and potential operational synergies with Wapolu. The Company is evaluating a standalone processing facility at Gameta while leveraging shared resources, logistics advantages, and existing infrastructure, including the Wapolu airstrip.
Both Gameta and Wapolu host near-surface mineralization that is being developed as open-pit mines. The continued advancement of these projects provides Adyton with the opportunity to build a multi-asset gold development platform on Fergusson Island. “
The updated Gameta MRE represents a significant milestone for Adyton and reflects the success of our 2025 infill drilling program in substantially increasing the higher-confidence indicated resource,” said Tim Crossley, Chief Executive Officer of Adyton. “The 131% increase in indicated resource to 404,000 ounces of gold, together with an indicated grade of 1.41 g/t gold highlights the quality and scale of the Gameta deposit. This updated MRE strengthens our understanding of the project and provides an important platform as we advance technical studies, permitting activities, and future exploration across Fergusson Island. With additional resource updates planned at Feni Island, Adyton continues to build a larger, gold resource base across its Papua New Guinea projects.”
“Although EVIH is currently very focused on supporting Adyton to restart operations at the Wapolu Mine,” commented Louis Wang, Project Director of EVIH.“This MRE is very positive for the broader Fergusson development and confirms that Gameta is a much larger, richer, and more contiguous deposit than initially understood. This MRE will enable us to finalize the feasibility and financial modelling required to submit the Mining Lease application.” For more information about Adyton and its projects, visit www.adytonresources.com
Asante Gold Corporation (TSXV: ASE | GSE: ASG | OTCQX: ASGOF) announce the filing of updated independently coordinated and prepared NI 43-101 technical reports for its Bibiani and Chirano Gold Mines in Ghana (effective 31 December 2025). These reports supersede the respective technical reports for Bibiani and Chirano filed on 30 April 2024 (effective 31 December 2023). Mineral Resources for both operations have been estimated using a gold price assumption of US$2,500/oz, and Mineral Reserves US$2,100/oz.
HIGHLIGHTS
Consolidated Resource Base
4.6 Moz Measured and Indicated (“M&I”) Mineral Resources across Bibiani and Chirano (inclusive of Mineral Reserves), in line with December 2023 level despite depletion and production over 430 koz in the aggregate two-year period.
1.8 Moz Inferred Mineral Resources across both operations, providing a strong near-term conversion pipeline with active drilling programmes targeting further additions through 2026.
Both Mineral Resource bases remain open at depth and along strike, with current definition extending to only approximately 300-700m below surface across the +80km Chirano-Bibiani Corridor (“CBC”).
The CBC comprises two principal, parallel Mineralized structures, the Bibiani Shear Zone (“BSZ”) and Chirano Shear Zone (“CSZ”), together defining one of West Africa's most prospective yet historically underexplored gold corridors.
Malik Easah, Chairman of Asante, commented:
"These updated, independently coordinated and prepared technical reports underscore the inherent quality of Asante's geological endowment in the Chirano-Bibiani Corridor, and reinforce the thesis for long-term potential at our Chirano and Bibiani operations. Despite mineral inventory depletion from producing over 430,000 ounces across both mines in the past two years, we have maintained our combined Measured and Indicated Resource base. This is a reassuring reflection of the quality of our near-mine exploration pipeline at both Bibiani and Chirano. At Bibiani specifically, exploration activity was constrained over the 2024-2025 period, however, enhanced exploration budget is planned going forward to rebuild that pipeline. Both assets remain open at depth along the more than 80-kilometre Chirano-Bibiani Corridor, which is largely untested by drilling below 300 to 700 metres depth. At Bibiani in particular, the Main Pit is believed to be open to at least 1,400 metres below surface. This represents significant further upside potential for our future underground mine planning at Bibiani. With a 4.6 million ounce Measured and Indicated Resource base as our foundation, Asante's core focus as a company is to vigorously pursue its ongoing operational improvements at both assets and to thereby translate this geological opportunity into value for shareholders.” Company's website at www.asantegold.com.
Asante Gold Corporation (TSXV: ASE | GSE: ASG | OTCQX: ASGOF)provide production and cost guidance for full-year 2026, together with an update on operational initiatives at the Bibiani and Chirano Gold Mines.
HIGHLIGHTS
Strategic operating review has yielded an operating plan for the next 12 months and beyond that is set to deliver a more efficient, predictable and sustainable gold production platform.
Full-year 2026 gold production is expected to be 275,000 – 300,000 ounces at an All-In-Sustaining-Cost (“AISC”)1 of US$3,200 – US$3,600 per ounce.
Substantially higher production and lower costs during H2 2026 (weighted to Q4) are expected to be driven by progressive access to higher-grade material at Bibiani in the northern base of Main Pit.
Layered program of initiatives in implementation across both operations spanning mining, processing, capital projects and supply chain to enhance production and reduce costs, with approximately US$50 million of previously planned capital expenditure already deferred or cancelled, and further initiatives targeting continued cost efficiency through H2 2026 and into 2027.
Updated NI 43-101 Mineral Resource and Reserve disclosures for Bibiani and Chirano (see news release dated 5 August 2026) evidence the expected longer-term potential of both operations.
Campbell Baird, Acting Chief Executive Officer of Asante, commented:
“The first half of 2026 has been characterised by significant investment in mining capacity, operational infrastructure and process plant improvements across both operations. While the entire Asante team recognizes there remains considerable work ahead, we believe the business is beginning to transition from establishing its operational platform to consistently delivering the benefits of those investments.
“We recognize that sustainable improvement is not measured by the completion of projects alone, but by consistently delivering safe, reliable operating performance and stronger financial outcomes. Our focus is firmly on disciplined execution, accountability and delivery of the operational and financial results enabled by the substantial investments made across both of our operations. At a granular level, this translates to delivering predictable gold production, continued improvement in metallurgical recoveries and plant utilization, reduction of operating costs through increased operational discipline and efficiency and delivering strengthened free cash flow generation.”
First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) announces that further to its press releases of July 22, 2026, and July 23, 2026, it has now issued an aggregate of 2,591,184 common shares at a deemed price of $0.20 per share to settle aggregate debt of $518,236.97. All shares issued in relation to these debt settlements are subject to a hold period expiring December 1, 2026, in accordance with applicable securities laws and CSE Policies.
About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through the development of tellurium-based technologies as well as mineral discovery, project development, and project generation.
First Tellurium is listed on the Canadian Securities Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found at www.firsttellurium.com.
Legacy Gold Mines Ltd. (TSXV: LEGY) reports assay results from LG26-005, the first reverse circulation ("RC") hole reported from its 2026 drill program at the Baner Gold Mine Property in Idaho County, Idaho, USA (the "Baner Property"). Legacy Gold has completed Phase 1 of its 2026 work program and commenced Phase 2 RC drilling, which is currently expected to continue through August and into September.
LG26-005 extended Main Zone gold mineralization 220m (720ft) north of the nearest previous drill intersection and returned substantial widths of near-surface mineralization, including 0.86 g/t Au over 45.7m (150ft) from 13.7m (45 ft) downhole, beginning only 2.1m (7ft) vertically below surface. This included 1.44 g/t Au over 24.4 m (80 ft), one of Legacy Gold's widest intersections grading above 1.0 g/t Au at the Baner Property to date, including 15.8 g/t Au over 1.5 m (5 ft). Another intersection returned 0.42 g/t Au over 18.3m (60ft) from 80.8m (265ft) downhole, beginning 24.4m (80ft) vertically below surface.
"It's great to see mineralization again beginning at or near surface and continuing over considerable widths, consistent with our successful 2025 drilling—a significant positive from a future development perspective," said Mike Sutton, Legacy Gold's Vice President, Exploration. "LG26-005 also extends gold mineralization farther north while delivering some of the strongest higher-grade results from our drilling at the Baner Property so far. Together, these results have expanded the known mineralized footprint well beyond our initial Exploration Target area to both the north and south."
"The RC portion of this summer's exploration program is expected to increase the footage drilled and accelerate the return of assay results," said Brian Hinchcliffe, Executive Chairman and CEO of Legacy Gold. "A replacement engine for the RC rig is currently expected later this week. This will slow drilling in the short term, but we expect drilling to resume shortly after installation is completed and achieve sustained productivity."
The first phase of the 2026 drill program was designed to strategically core drill the first 12,000ft (3,658m), followed by up to 28,000ft (8,536m) of RC drilling. This program follows up on the successful 2025 results by targeting both the Main and Northeast Zones, as well as new exploration targets to the northwest indicated by large gold-in-soil anomalies coincident with geophysical conductors and similar magnetic highs as are in the Main Zone.
To date, eleven (11) core holes have been drilled: one (1) exploration hole to the west; two (2) holes at the south end of the Main Zone and Baner Zones; three (3) holes up the hill in the western portion of the Main Zone; three (3) holes at the north end of the Main Zone; and two (2) holes in Northeast Zone. The RC phase of the 2026 program is planned to comprise up to 43 holes.
North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF)announce that drilling has commenced at its 100%-owned Prospect Mountain Mine Complex in Eureka County, Nevada (the "Property").
The first and larger of the reverse circulation ("RC") drill rigs has arrived on site and is now operating. A second, smaller RC rig and a diamond drill rig are expected to arrive later in September. The campaign is expected to continue into November and will target five separate areas across the Property, with a total planned program of approximately 7,000 feet of drilling.
"We are pleased to have drilling underway again at Prospect Mountain, building on the success of the 2024 and 2025 drill programs. This year's program is opening up many new areas of the Property to drilling for the first time, while also following up on certain key areas outlined in previous exploration campaigns," stated Rupert Williams, CEO.
As part of the campaign, the Company will target the deep sulphide anomaly previously identified at Prospect Mountain with diamond drilling. The RC rig will be used to pre-collar the initial 1,000 feet of several holes, targeting prospective oxide material around the existing underground infrastructure. These holes will then be completed with diamond drilling to test the sulphide target and geophysics anomalies.
Groundwork is ongoing, with 13 pads completed and a further 7 still to be constructed which are along the more challenging road currently being constructed across the mountain ridge. The rig required for this area is not expected to be available until September.
In addition, the Company can confirm that the water well is working well and a frac tank has been set up to support the water needs of the drill campaign — providing a cost-effective water source for drilling and dust mitigation.
Resouro Strategic Metals Inc. (ASX: RAU; TSX-V: RSM; FSE: 8TX)announce that it has now completed the first closing of its previously announced non-brokered private placement (the “Offering”).
Further to its news release dated July 8, 2026, Canada (July 9, 2026, Australia), The Company is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement from 8,000,000 common shares at a price of $0.25 per common share for gross proceeds of $2,000,000 to 10,000,000 common shares at a price of $0.25 per common share for aggregate gross proceeds of $2,500,000. All other terms of the private placement remain unchanged. The increased offering remains subject to the acceptance of the TSX Venture Exchange.
In the first closing, the Company issued 7,440,000 common shares at a price of $0.25 per common share, for aggregate gross proceeds of $1,860,000. The Company expects to complete the remaining issuance shortly, with details of the final and second closing to be announced in a subsequent news release.
The Company paid a cash finders’ fee of $4,500 will be paid in connection with the Offering.
The Company intends to use the net proceeds of the Offering to advance the environmental program, an essential step toward the Preliminary Feasibility Study for the Tiros project, as well as for general working capital purposes.
Alaska Energy Metals Corporation (TSXV: AEMC)(OTCQB:AKEMF) announce that it has completed planning for a core drilling program to test geological - geophysical - geochemical targets at the McBride prospect, that forms part of its Angliers Project in Quebec, Canada. The Company's geochemical - geophysical results and historical drill results for the McBride Prospect were released in a press release dated January 21, 2025. The core drilling program includes plans for eight holes for a total of 2,125 meters. Authorization for impact-causing exploration work (ATI) permit has been received from the Ministry of Natural Resources and Forestry. The drilling is anticipated to start in mid-August.
In 2024, AEMC completed a 200x100m grid surface soil sampling and prospecting program over the McBride Prospect. Multiple anomalous zones of copper, zinc, nickel, silver, and gold have been revealed that correspond to a series of Versatile Time Domain Electromagnetic ("VTEM") anomalies that align within an east-west trending zone. View the original press release on ACCESS Newswire
Barrick Mining Corp. (TSX: ABX) missed second-quarter profit estimates due to rising production costs and retrospective tax penalties in Mali, despite beating gold output targets. The deal includes revised governance provisions and a $1.95 billion payment from Newmont to Barrick. The Canadian gold miner reported adjusted profit of 82 cents per share for the three months ended June 30, compared with analysts' average estimate of 88 cents per share, according to data compiled by LSEG. The company said it had reached an agreement with Newmont under which Barrick's Fourmile and Newmont's Fiberline and Mike projects will contribute to the Nevada Gold Mines joint venture, resolving all outstanding disputes between the partners.
Blue Lagoon Resources Inc. (CSE:BLLG)(OTCQB:BLAGF)(FSE:7BL) has entered into agreements for a C$10 million strategic investment by its two key operating partners: Nicola Mining Inc. ("Nicola Mining"), the Company's long-term milling partner, and Ocean Partners Holdings Ltd. ("Ocean Partners"), the Company's gold and silver offtake partner. Nicola Mining and Ocean Partners will each invest C$5 million.
The common shares will be issued at C$0.60 per share, representing a premium of over 10% to the 20-day volume-weighted average price ("VWAP") of the Company's common shares. The investment will consist solely of common shares, with no warrants. At the issue price, the Company expects to issue approximately 16.67 million common shares in aggregate, subject to final rounding.
Both partners already hold equity positions in Blue Lagoon. Additionally, as announced previously, Nicola Mining has extended the Company a C$2 million unsecured line of credit, which remains undrawn. Ocean Partners made its initial C$3 million equity investment in the Company at market price in May 2026. Following completion of this investment, both partners will meaningfully increase their ownership in Blue Lagoon, further aligning every participant in the Dome Mountain value chain - from mine, to mill, to market - with the long-term success of the Company and its shareholders.
"When your milling partner and your offtake partner - the two groups with the deepest visibility into your operation - both choose to invest at a premium to the 20-day VWAP with no warrants, that tells you something," said Rana Vig, President and CEO of Blue Lagoon. "Nicola sees every tonne we send to Merritt. Ocean Partners sees every ounce produced from the ore we mine. Nobody outside our own team knows Dome Mountain better, and they are choosing to become larger owners of this Company."
Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3) announce that its Peruvian subsidiary has received approval of its Environmental Impact Assessment – Semi-detailed (“EIA-Sd”) filed in November 2025, for an expanded drilling permit at its Sombrero Project in Peru. This marks a key step toward completion of the expanded drill permitting process. The Company is now advancing the remaining administrative requirement, the start-of-activities authorization, which is required to be granted by the Peruvian Ministry of Energy and Mines (“MINEM”) before drilling can commence.
Ivan Bebek, Chair and CEO of Coppernico, commented, "The approval of our expanded environmental permit is an important milestone for the Sombrero Project and reflects years of disciplined technical work, constructive engagement with our host communities, and a shared commitment to responsible development. While our initial DIA permit provided an important foundation, it was limited in scope. This expanded EIA-Sd permit covers our most advanced and highest-priority exploration targets, including Fierrazo.
This permit will give us the flexibility to systematically test key areas of what we believe is one of the most compelling district-scale copper-gold opportunities in the Americas, amid rising copper and gold prices. Equally important, this milestone reinforces the collaborative relationships we have built with local communities, creating the potential for meaningful employment, long-term investment, and shared economic benefits as we responsibly advance the project.
We would like to thank our team in Peru, our local communities, stakeholders, and the government authorities for their continued and active engagement throughout the permitting process. We are excited to complete the final steps required to begin drilling in the coming months and to start unlocking the exceptional discovery potential of Sombrero for the benefit of all stakeholders.”
Goliath Resources Limited (TSXV: GOT) (OTCQX: GOTRF) (FSE: B4IF)report assay results that confirm the expansion of the Golden Gate Zone to the Northeast by 320 meters of the previously known gold mineralization on its 100% owned Golddigger Property (the “Property”), Golden Triangle, British Columbia. The Golden Gate Zone remains open laterally and at depth.
Mr. Roger Rosmus, Founder & CEO of Goliath states:“Our team is performing like a well-oiled machine. The goal of this 2026 drilling campaign is expansion and the directional drilling being utilized is paying off with the step outs being successful. The 320 meter step out of Golden Gate to the northeast is one example and nice surprise along the way. It is worth noting the amount of visible gold to the naked eye in the drill holes since we started drilling the Surebet discovery is unique, as well high-grade gold systems are not known to have such large footprints. After over 400+ drill holes have been completed to date the system remains open laterally and at depth. Grass roots High -grade gold systems tend to get challenging to grow them. But Surebet discovery is the opposite, we are challenging the geology and having no problems growing the system with aggressive step outs. The cadence of drill holes getting to the lab for assays is ideal, and we hope to have plenty more assay results throughout the rest of the year and into 2027.”
Guanajuato Silver Company Ltd. (TSXV: GSVR)(OTCQX:GSVRF) announces the receipt of formal approval from Mexican government agencies to commence a surface drilling program at the Company's wholly owned El Horcon ("Horcon") project located in Jalisco, Mexico, approximately 60km to the Northwest of the city of Guanajuato.
Drill permits have been received from the Mexican ministry of the environment authorizing the Company to establish as many as 45 drill pads along a 3.7km trend that covers approximately one-third of the total length of the structural prospectivity within the Horcon property. Earlier this year, the Company acquired two large "Nevada-style" diamond drill rigs, capable of drilling up to 1000 meters in depth recovering HQ diameter drill core. One of these drill rigs, which is currently active on surface at the Company's EL Cubo mine, will be re-deployed to Horcon in August. The Company expects to drill a total of 5000 metres at Horcon in 2026 as the first phase of a surface drilling program; drill depth is expected to average approximately 260 meters per hole; there is one deeper drill hole planned to test 500 metres in depth. This exploration program will primarily aim to validate and expand upon the property's historical resource, (see below) both laterally and at depth, and expand the company's geological knowledge of the numerous en echelon veins that exist on the property. View the original press release on ACCESS Newswire
First Phosphate Corp. (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) announce that its American Depositary Receipts ("ADRs") will be uplisted to Nasdaq Global Market as a Level 2 ADR under ticker symbol "PHOS" (CUSIP: 33611D301; ISIN: US33611D3017) effective at the opening of trading on August 10, 2026.
The First Phosphate ADR ratio remains set to ten (10) First Phosphate common shares for each (1) First Phosphate ADR.
Effective August 10, 2026, First Phosphate level 1 ADRs will be delisted from the OTCQX market and will be automatically converted to First Phosphate level 2 ADRs readily tradeable on the Nasdaq Stock Exchange under ticker symbol "PHOS".
The First Phosphate Level 2 ADR under Nasdaq ticker symbol "PHOS" remains complimentary to all other Company listings on all other stock exchanges and does not affect the Company's currently listed common shares on the OTCQX under symbol "FRSPF", on the CSE under symbol "PHOS" and on the FSE under symbol "KD0”.
ICG Silver & Gold Ltd. (CSE: ICG) (FSE: JI0) (OTC Pink: ICGSF)a precious minerals exploration Company focused on the Tuscarora District in Elko County, Nevada (the "Project" or "District"), is pleased to announce that it has completed the Financial Industry Regulatory Authority ("FINRA") Form 211 process and secured Depository Trust Company ("DTC") eligibility for its common shares trading in the United States on the OTC Pink market under the symbol "ICGSF".
The Company continues to trade on the OTC Pink Market under the symbol "ICGSF", with quotations now supported through the completed Form 211 process. In addition, ICG's common shares are now eligible for electronic clearing and settlement in the United States through the DTC.
With the completion of the 211 process and DTC eligibility, ICG is now more readily accessible to U.S. investors, brokers, custodians, institutions and other market participants.
"We are very pleased that ICG is now more accessible to a broader audience of U.S. investors," commented Steven Sirbovan, President & CEO of ICG Silver & Gold. "The U.S. quotation and DTC eligibility are expected to improve the efficiency of trading and settlement, reduce friction for U.S. investors and enhance our visibility as we continue to advance our Tuscarora District project located in Nevada, one of the world's premier mining jurisdictions. The U.S. is placing increasing emphasis on supporting domestic exploration and development of gold assets, and we believe ICG is well positioned to benefit from that backdrop as we explore and advance the Tuscarora District towards a first resource estimate in early 2027."
The Company will continue to maintain its primary listing on the Canadian Securities Exchange under the symbol "ICG”.
Scorpio Gold Corp.(TSXV: SGN, OTCQB: SRCRF, FSE: RY9)announce results from four step-out holes of the Phase Two drill program at the Manhattan District Project ("Manhattan"), Nevada, USA: 26MN-109, 26MN-111, 26MN-112, and 26MN-114, . The results are tabulated in Table 1 and discussed below. Scorpio Gold has drilled 109 drill holes to date from its Phase Two diamond drilling program, 25MN-011 through 25MN-045, 26MN-046 through 26MN-119, for a grand total of 31,391 m. With the results herein, Scorpio Gold has reported assays on 103 of these (25MN-011 through 25MN-045, 26MN-046 through 26MN-112, and 26MN-114, totalling 29,156 m, and assays are pending from 6 holes (26MN-113, 26MN-115 through 26MN-119), totalling 2,236 m. The pending results will be reported as they become available.
not been used or included in any results to date. Any new significant results from historic core or pulps will be reported as they become available.
"We continue to deliver solid grade hole after hole at Manhattan, and 26MN-109 demonstrates that not only are the Paleozoic rocks hosting mineralization, but the Volcanics of the Manhattan Caldera have mineralization potential, with grades of 3.38 g/t gold over 33.31 metres. While these volcanic units were typically dismissed by previous operators, USGS dating shows the Volcanics were formed well before the mineralization was emplaced, which adds more targets to the Manhattan District.
The volcanic contact near Goldwedge is now its own defined target. Hole 26MN-109 is a 50-metre step-out that carried mineralization through four separate intervals, including 2.83 g/t gold over 11.89 metres and 9.46 g/t gold over 8.72 metres and 0.68 g/t gold over 12.62 metres from 177.21 metres entirely within fractured volcanics with vein-hosted mineralization. Testing the Volcanic contact and the ground beyond it is the next step for Goldwedge," said Harrison Pokrandt, VP Exploration for Scorpio Gold.
Terra Clean Energy Corp. (CSE: TCEC, OTCQB: TCEFF, FSE: C9O0)announce that it has completed the acquisition, compilation and digitization of a significant historical exploration database for its 100%-owned Marysvale Uranium Mines located in the historic Marysvale Uranium District, Utah. The project includes the past-producing Prospector and Freedom uranium mines, which historically accounted for a substantial portion of the district’s uranium production of 1.33 Mlbs U3O8 at reported average grades of 0.22% * (Terra Clean Energy Corp.)
The Company has now digitized and integrated these datasets into a comprehensive three-dimensional geological model utilizing modern exploration software. The resulting database provides Terra with a significantly enhanced understanding of the structural controls, mineralized zones and potential extensions of uranium mineralization both along strike and at depth beneath the historical workings.
“Acquiring and digitizing this extensive historical dataset is a major milestone in advancing the Marysvale Uranium Mines Project,” stated Greg Cameron, Chief Executive Officer of the Company. “The information includes detailed drill records, underground mapping, geological interpretations and geochemical results that would be extremely costly and time-consuming to recreate today. By incorporating this data into a modern 3D model, we now have a much stronger technical foundation for targeting extensions of known mineralization and planning our upcoming drill program.”
COMPANIES EARNINGS Barrick Mining Corp: Expected Q2 earnings of 88 cents per share Cargojet Inc: Expected Q2 earnings of 79 Canadian cents per share I-80 Gold Corp: Expected Q2 loss of 4 cents per share K92 Mining Inc.: Expected Q2 earnings of 42 cents per share Silvercorp Metals Inc: Expected Q1 earnings of 25 cents per share
World Markets
Euro STOXX 50 futures were down 4 points at 6,547, FTSE futures lost 43.5 points to 10,872.5, German DAX futures dropped 21 points to 26,414, by 0430 GMT.
Asian share markets tracked Wall Street higher after a soft U.S. jobs report pared the risk of a near-term rise in borrowing costs, though a lack of progress in Gulf peace talks saw oil prices creep higher.
Oil prices rose on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the U.S. must still meet other conditions.
U.S. markets closed higher Friday, with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting.
The U.S. dollar hovered near a two-month low against major currencies as investors awaited this week's inflation data for clues on the Federal Reserve's rate path.
U.S. Treasury yields fell on Friday after data showed that employers unexpectedly shed 23,000 jobs in July, prompting traders to cut odds of a Federal Reserve interest-rate hike in September.
Gold slipped as investors took profits after prices hit a seven-week high in the previous session, while markets looked to U.S. inflation data for fresh clues on the Federal Reserve's interest rate path.
S&P 500 Index Mini Futures: 7,786.00; up 0.08%; 6.25 points DJIA Mini Futures: 54,111.00; down 0.08%; 41 points Nikkei: 66,855.57; up 1.9%; 1248.86 points MSCI Asia, Ex-JP: 864.19; up 0.49%; 4.18 points EUR/USD: $1.1551; down 0.06%; 0.0008 point GBP/USD: $1.3488; down 0.03%; 0.0005 point USD/JPY: 158.27 yen; up 0.29%; 0.46 point Spot Gold: $4,333.78; down 0.18%; $7.93 U.S. Crude: $78.71; up 0.68%; $0.53 Brent Crude: $84.29; up 0.89%; $0.74 10-Yr U.S. Treasury Yield: 4.6556%; down 0.002 point 10-Yr Bund Yield: 3.1261%; down 0.0036 point
US
S&P 500 and Nasdaqfutures inched higher as investors weighed developments in the Middle East that could influence the reopening of the Strait of Hormuz.
Apple Inc: Apple has been testing memory chips from China's CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fueled by the AI boom, the Wall Street Journal reported on Sunday. Apple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using them in some devices sold in China, the report said, citing people familiar with the matter. Reuters could not immediately verify the report. Apple and CXMT did not respond to Reuters' requests for comment. Separately, Apple has published a guide explaining how eligible Mac users in mainland China can connect Alibaba's Qwen artificial-intelligence service to the U.S. tech giant's Siri digital assistant and Writing Tools feature.
Ashland Inc: The chemical maker is exploring a sale after coming under pressure from activist investors who argued the company was undervalued, according to a person familiar with the matter, who declined to be named as the information is private. Ashland is working with Citigroup and Lazard, Bloomberg News reported on Friday, citing people familiar with the matter. The report said private equity firms including Advent, Apollo Global Management, Carlyle Group and Standard Industries have had contact with the chemical maker. Ashland's decision to explore a sale comes after months of pressure from activist investor Ancora Alternatives, which disclosed a stake in the specialty chemicals company in June.
Berkshire Hathaway Inc: The company said it began reducing its enormous stockpile of cash in the second quarter, investing billions of dollars in stocks such as Alphabet and repurchasing billions of its own, as it reported higher-than-expected profit. The conglomerate said on Saturday it repurchased $4.5 billion of its own stock between April and June and over $3.3 billion more in July, accelerating repurchases it began in March following a nearly two-year hiatus. Quarterly operating profit rose 16% to $12.98 billion, topping analyst forecasts, as improvement at the BNSF railroad and service businesses including the NetJets luxury plane unit and TTI electronic components distributor helped offset weakness at the Geico auto insurer. Net income more than doubled to $25.67 billion, including unrealized gains and losses on stocks that Omaha, Nebraska-based Berkshire still owns. Berkshire urges investors to ignore the resulting volatility. Revenue, which had been stagnating, rose 10% to $101.81 billion.
BlackRock Inc and KKR & Co Inc: CyrusOne, a data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an initial public offering as early as 2027, in what could be one of the biggest IPOs in the sector in recent years, according to people familiar with the matter. The private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the IPO, the people said, asking not to be identified because the discussions are confidential. The company has not decided how much it plans to raise or what valuation it will seek, they said, but one of the people said a public listing could raise about $5 billion. The people cautioned that discussions are at an early stage and details are subject to change.
Nasdaq Inc: Prediction markets giant Kalshi has joined hands with Nasdaq to adopt the U.S. exchange heavyweight's market surveillance tool, as it looks to bolster the monitoring and oversight of trading activity on its platform. The multi-year partnership reflects a broader push by Kalshi to strengthen trade surveillance, as prediction markets face mounting pressure from lawmakers following high-profile alleged insider trading cases that have intensified scrutiny of suspicious trades. Kalshi plans to implement Nasdaq's market surveillance platform in a phased approach, pairing its existing surveillance framework with advanced monitoring capabilities for prediction markets and perpetual-style derivatives. "This deal reinforces Kalshi's commitment to market integrity," said Max Crowley, vice president of business development at Kalshi, adding the partnership gives it surveillance data used by the world's largest exchanges.
NVIDIA Corp: The firm will invest up to $3 billion in power infrastructure developer Lancium, the company behind the Stargate data center campus in Texas, the Information reported on Friday. The chipmaker will invest an initial $2 billion for a stake of roughly 20% in Lancium, which is backed by Blackstone, according to the report. Nvidia could invest an additional $1 billion if the company meets certain thresholds, including grid hookups, the report said, citing people familiar with the matter. Under the deal, Lancium and its portfolio of land and power connections have an enterprise value of around $10 billion, according to the Information. The capital is expected to help Lancium expand its operations as it explores a potential initial public offering in 2027, the report said.
Space Exploration Technologies Corp: Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers on Friday, marking the first such instance since the company's blockbuster debut in June. Mom-and-pop traders sold a net $4.5 million in Elon Musk's rocket company on August 7, the first net negative reading since the company went public on June 12, according to Vanda Research data. "A shift from persistent net buying to selling is rarely about one catalyst, it is usually a mix of profit-taking, position fatigue and investors reassessing the risk-reward," said Sam North, market analyst at etoro. "Friday is particularly interesting because retail turned net sellers while the shares were rebounding strongly and trading back around the IPO price. That looks more like investors using strength to take some money off the table than panic selling." By comparison, the highest single-day net buying in SpaceX's trading history reached $144.6 million on June 16, suggesting the outflow remains modest by the stock's own standards.
ECONOMIC DATA 1000 Employment Trends for July: Prior 106.69
Europe / Asia
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened.
Israeli Prime Minister Netanyahu restated his rejection of Trump's latest Gaza plan in televised remarks to his right-wing government on Sunday, even as Israel's military has effectively halted attacks in the territory under pressure from the U.S. President.
The Bank of Japan's case for a September rate hike strengthened after a growing chorus of policymakers argued for a more forceful response to mounting inflation risks, a summary of opinions at their July meeting showed.
India's food safety regulator warned liquor giant Diageo that it misleadingly claimed one of its top-selling whiskies was "matured in American oak casks", when most of the product had not been matured, a confidential government notice shows.
Volkswagen's controlling families dialled up the pressure on the German auto group's stakeholders on Friday, backing management's push for a dramatic restructuring that could cost tens of thousands more jobs.
Shareholders of Thyssenkrupp approved the proposed spinoff of the group's materials trading division on Friday, its largest by sales, in the latest step by the German industrial conglomerate to simplify its sprawling structure.
