South Harz Potash Limited (SHP:AU) has announced A$1.25 Million Placement to Advance Copper-Gold Exploration
Download the PDF here.
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Vital Metals Limited (ASX: VML) (“Vital Metals” or “the Company”) is pleased to report final overlimit assay results from grab samples collected at Nechalacho, confirming exceptional rare earth grades of up to 292,145ppm TREO.
Highlights:
- F009416 (target 1029A) returned the highest TREO value recorded at Nechalacho to date (based on Company data) as follows:
- 29.2% TREO (292,145 ppm), including:
- 7.0% Nd₂O₃ (70,333 ppm); and
- 1.7% Pr₆O₁₁ (17,398 ppm).
- NdPr oxides totalled 8.7% (87,731 ppm), representing 29.8% of TREO, highly significant as NdPr is typically the highest-value payable component within the light rare earth elements.
- 29.2% TREO (292,145 ppm), including:
- F009445 (R Zone target) returned 12.5% TREO (125,920 ppm), including 1.5% Dy₂O₃ (15,609 ppm) and 1.0% Gd₂O₃ (10,719 ppm), representing the highest dysprosium result at the project reported to date.
- The excellent assays from the completed regional grab sample exploration program have identified 6 targets located outside of the current resource and demonstrates the significant potential at the Nechalacho Rare Earths and Niobium Project for more discoveries.
- A 1000m exploration drill program is now underway at R Zone, S Zone and Cressy Ridge and is expected to be completed by mid-April 2026.
The results demonstrate significant potential to support the district scale of mineralisation across its Nechalacho Rare Earths and Niobium Project (Upper Zone, top 150m RL) located 100km southeast of Yellowknife, Northwest Territories, Canada.
Managing Director and CEO Lisa Riley said:
“These results demonstrate that Nechalacho is a large, dynamic rare earth system rather than a single deposit. Mineralisation has been identified outside the defined US$445m Tardiff Deposit underscoring a broad district-scale multi-target opportunity and supporting our strategy of expanding the resource base beyond Tardiff and North T while advancing Tardiff toward development.”
“We are executing a three-pronged approach:
1. Exploration work on the new targets, expanding the broader Nechalacho footprint.
2. Pre-Feasibility Study of the Tardiff deposit toward completion by February 2027.
3. Preparing to process stockpiles at North T to generate cash as soon as possible.”
Overview of Work Recently Conducted
As announced to the ASX on 23 February 2026, analyses from three grab samples, F009416, F009445 and F009446, were reported with overlimit values (i.e. Nd > 50,000 ppm, Dy >5,000ppm). These samples have since undergone a third round of analysis at ALS Canada, with final certified assay results reported outlined below.
Click here for the full ASX Release
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CALGARY, AB / ACCESS Newswire / March 9, 2026 / Valeura Energy Inc. (TSX:VLE,OTC:VLERF)(OTCQX:VLERF) (‘Valeura’ or the ‘Company’) announces completion of a successful infill drilling campaign at its Gulf of Thailand Manora field (Block G1/48, 70% operated working interest).
Dr. Sean Guest, President and CEO commented:
‘Our Manora drilling campaign illustrates that we can continue adding to the ultimate production potential of our Gulf of Thailand fields. Our approach is to take every opportunity to appraise potential future development locations while developing known reservoir intervals. We have once again delivered new production from the field and also laid the basis for further development in the future.’
Valeura successfully drilled a campaign comprised of two infill development targets and one appraisal well from the Manora A platform. All wells were successful, and notably the appraisal well was found to be optimally positioned for use as a production well. As a result, all three wells have been completed as oil producers and are now on stream. Manora’s oil production has increased from an average of 1,950 bbls/d prior to the first new well coming onstream, to a more recent average of 2,626 bbls/d (working interest share oil production before royalites)(1).
Valeura’s management expects that the newly encountered reservoir intervals will be considered in the next evaluation of reserves and could therefore be additive to the ultimate potential and economic life of the asset.
MNA-41 was drilled as a deviated appraisal well to evaluate the potential of two reservoir intervals. The well encountered oil pay in the 300-series sand reservoir, which will be analysed to identify future prospects in this zone. In addition, the well encountered five oil pay zones in the 400/500-series reservoir. It has been completed as a comingled oil producer and is now on production. Results have exceeded management’s expectations, which sought only to assess the potential for future development of these intervals.
MNA-35ST1 was drilled as a sidetrack to the pre-exisitng MNA-35 well, with the objective of developing the same two reservoir intervals access in MNA-41. Two pay zones were encountered in the 300 sands, which will be completed for production in the future. In the meantime, the well has been completed as a producer of five oil pay zones within the 400/500 reservoir sands and is now on production.
MNA-42H was geo-steered as a horizontal development well within the 300 series sand reservoir. The well’s 1,046 ft lateral section encountered 556′ of net oil pay, which has exceeded management’s expectations. The well has been completed and is now online as a horizontal oil producer.
The Manora drilling campaign was completed safely, on time, and on budget. Valeura’s contracted drilling rig has now been mobilised to the Nong Yao field on block G11/48 (90% operated working interest) where the Company is planning to drill a production-oriented campaign from the Nong Yao A and Nong Yao B wellhead facilities.
(1) 15-24 February 2026 vs 03-12 February 2026.
Future Disclosure
Valeura intends to release its audited financial results for the year ended 31 December 2025, along with its annual information form for 2025 and its estimates of reserves and resources in accordance with the requirements of National instrument 51-101 – Standards of Disclosure for Oil and Gas Activities on 18 March 2026.
For further information, please contact:
|
Valeura Energy Inc. (General Corporate Enquiries) |
+65 6373 6940 |
|
Valeura Energy Inc. (Investor and Media Enquiries) |
+1 403 975 6752 / +44 7392 940495 |
Contact details for the Company’s advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company’s website at www.valeuraenergy.com/investor-information/analysts/.
About the Company
Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.
Additional information relating to Valeura is also available on SEDAR+ at http://www.sedarplus.ca.
Advisory and Caution Regarding Forward-Looking Information
Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as ‘anticipate’, ‘believe’, ‘expect’, ‘plan’, ‘intend’, ‘estimate’, ‘propose’, ‘project’, ‘target’ or similar words suggesting future outcomes or statements regarding an outlook.
Forward-looking information in this news release includes, but is not limited to, the Manora drilling results laying the basis for further development work in the future; and management’s expectation that the newly encountered reservoir intervals will be considered in the next evaluation of reserves and could therefore be additive to the ultimate potential and economic life of the asset.
Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.
Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.
The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this new release is expressly qualified by this cautionary statement.
This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Valeura Energy Inc.
View the original press release on ACCESS Newswire
News Provided by ACCESS Newswire via QuoteMedia
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We also break down next week’s catalysts to watch to help you prepare for the week ahead.
In this article:
This week’s tech sector performance
The tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) navigated a volatile week.
Early week caution gave way to a rebound by Monday’s close (March 2), with the Nasdaq eking out a small gain led by defense and tech stocks. On Tuesday (March 3), the Trump administration’s plans to secure the Strait of Hormuz shipping lanes helped pare losses, with major indexes closing down but less severely.
US services PMI on Wednesday (March 4) showed the fastest expansion since mid-2022, supporting gains; however, the Nasdaq rose only slightly, with gains capped by lingering oil price worries.
Markets plunged on Thursday (March 5) after an Iranian missile strike on an oil tanker in the Persian Gulf intensified concerns of conflict longevity and supply constraints. The price of oil surged to its biggest weekly gain since 2022, with analysts forecasting further increases if the Strait of Hormuz stays disrupted beyond 3 – 4 weeks.
Also on Thursday, reports surfaced that the administration was considering new rules requiring US approval for AI chips shipped abroad, which hit Nasdaq heavyweights NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). This revelation followed earlier reports that officials were considering limiting purchases of Nvidia’s H200 chips and AMD’s MI325 chips, which have similar capabilities, to Chinese companies, capping them at 75,000 chips per firm.
Friday’s (March 6) jobs report for February boosted rate-cut odds but fueled recession fears. The report showed nonfarm payrolls dropped by 92,000, a stark contrast to the forecasted 50,000 to 60,000 added jobs. Additionally, unemployment increased to 4.4 percent, signaling that the labor market is cooling faster than expected.
These macroeconomic pressures and geopolitical uncertainty exerted a palpable weight on financial markets, heavily impacting volatility-sensitive tech stocks.
3 tech stocks moving markets this week
1. Intuit (NASDAQ:INTU)
Intuit had a strong week, finishing up 25.08 percent as investors rotated into defensive fintech and software amid weakness in the capital-intensive and cyclical semiconductor sector.
Zacks Investment Research explained Intuit’s stock rise as a gain driven by analyst upgrades and price target hikes. Piper Sandler raised its price target on Intuit to US$780 and maintained an Overweight rating. Susquehanna also raised its target to US$850 and kept a Positive rating. Meanwhile, TD Cowen cut its target to US$633 but reiterated Buy.
Analysts cited Intuit’s strong AI-driven results from last week’s Q2 earnings and highlighted growth in the company’s GBS Online Ecosystem, Desktop Ecosystem and Credit Karma.
2. Palantir Technologies (NASDAQ:PLTR)
Palantir gained alongside other defense stocks as Mideast tensions boosted demand for defense AI. Shares rose more than five percent on Monday, while analysts at Wedbush named it a top pick on Thursday with a US$75 price target. Palantir gained 17.22 percent for the week.
2. AppLovin (NASDAQ:APP)
AppLovin ranked third for this week’s gainers, closing 16.29 percent higher on Arete’s upgrade to neutral from sell, with an adjusted price target down to US$340 From US$458. Speculation about AppLovin potentially launching a competing app to rival TikTok may have further contributed to the gains.
Intuit, Palantir Technologies and AppLoving stock performance, March 2 to 6, 2026.
Chart via Google Finance.
Top tech news of the week
- Shares of Lumentum Holdings and Coherent jumped on Monday after NVIDIA said it would invest US$2 billion in each company to accelerate the development of advanced optics and laser technologies for AI data centers.
Tech ETF performance
Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.
This week, the iShares Semiconductor ETF (NASDAQ:SOXX) declined by 5.91 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) lost five percent.
The VanEck Semiconductor ETF (NASDAQ:SMH) also decreased by 4.21 percent.
Tech news to watch next week
Investors face a pivotal week ahead, headlined by Monday’s (March 9) release of the NY Fed’s one-year inflation expectations and the highly anticipated February CPI report on Wednesday (March 11), which could provide a key signal for the Fed’s next move.
Later in the week, Thursday’s (March 12) jobless claims will be under the microscope to see if February’s labor trends hold steady. On the corporate side, it’s a big week for software and cloud infrastructure, with Oracle, Hewlett Packard Enterprise, and Constellation Software reporting Monday, followed by Adobe (NASDAQ:ADBE) on Thursday.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Peter Krauth, editor of Silver Stock Investor and Silver Advisor, shares his thoughts on silver price activity and where the white metal is in the cycle.
He believes the awareness phase is just beginning, with mania still relatively far in the future.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Brien Lundin, editor of Gold Newsletter and New Orleans Investment Conference host, shares his stock-picking strategy at a time when high metals prices are beginning to lift all boats.
In his view, gold and silver equities may still only be in the second inning.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on what’s moving the gold price, emphasizing that its bull run isn’t over yet.
‘It’s monetary factors that are driving gold — that’s what’s fundamentally driving gold,’ he said. ‘Monetary factors, lack of trust in governments and particularly lack of trust in fiat currencies.’
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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The Government of New Brunswick announced a new comprehensive mineral strategy on Tuesday (March 3), at the 2026 Prospectors and Developers Association of Canada conference in Toronto.
The plan calls for a streamlined permitting process that will ensure clear communication and transparent timelines. Additionally, it promises a collaborative partnership with First Nations, science-based decision-making and a community-based approach to jobs, procurement and infrastructure.
Oil prices jumped significantly this week following the start of the US-led war against Iran. West Texas Intermediate has surged more than 25 percent since March first, climbing to over US$90 per barrel in trading on Friday, the first time since October 2022.
The most significant gains came on Friday, after Iran effectively stopped traffic through the Strait of Hormuz. More than 20 percent of the world’s liquefied natural gas and 25 percent of oil shipments travel through the strait.
The price rise has had a downstream effect on gas prices in Canada and the US, increasing by up to C$0.10 per liter and US$0.27 per gallon, respectively.
Over the past week, US producers have activated four additional rigs, bringing the total rig count to 411, although that total is down by 75 from the same period last year. Most companies are unlikely to rush to restart operations shuttered due to low oil prices until there is a more sustainable rise in oil prices.
Meanwhile, the war caused turmoil in bond markets as concerns over inflation and rising central bank interest rates seeped into the market. US two-year bonds rose by 18 basis points, while Britain’s rose by 43 basis points.
For more on what’s moving markets this week, check out our top market news round-up.
Markets and commodities react
Canadian equity markets were largely down this week.
The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell 3.87 percent over the week to close Friday (March 6) at 33,083.72, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) slipped 4.54 percent to 1,057.04.
However, the CSE Composite Index (CSE:CSECOMP) gained 1.27 percent to 178.51.
The gold price fell 3.31 percent to close at US$5,170.63 per ounce on Friday at 4:00 p.m. EST. The silver price fared worse, closing the week down 6.4 percent at US$84.30 on Friday.
In base metals, the Comex copper price recorded a 2.01 percent decrease this week to US$5.85 per pound.
The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 16.14 percent to end Friday at 700.62.
Top Canadian mining stocks this week
How did mining stocks perform against this backdrop? Take a look at this week’s five best-performing Canadian mining stocks below.
Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.
1. Adex Mining (TSXV:ADE)
Weekly gain: 100 percent
Market cap: C$128.67 million
Share price: C$0.19
Adex Mining is an exploration company that holds a 100 percent stake in the Mount Pleasant project in Southwest New Brunswick, Canada. The property contains two main deposits: the Fire Tower zone, which hosts tungsten and molybdenum mineralization, and the North zone, which hosts tin, zinc and indium.
The asset consists of 102 mineral claims covering 1,600 hectares, as well as equipment and facilities from historic mining operations conducted by BHP (ASX:BHP,NYSE:BHP,LSE:BHP) between 1983 and 1985.
According to its most recent investor presentation released on June 11, the property hosts the world’s largest indium reserve and North America’s largest tin deposit. Indicated resources for the North zone demonstrate contained metal values of 47 million kilograms of tin, and 789,000 kilograms of indium from 12.4 million metric tons with average grades of 0.38 percent tin and 64 parts per million indium.
Adex Mining has not released news since it published its interim management discussion and analysis on November 18.
In a mid-February interview, New Brunswick Natural Resources Minister John Herron revealed that a deal “is due imminently with a well-known company in the Canadian mining community” for Adex’s Mount Pleasant project.
While the company did not release news this week, the project may benefit from the freshly announced New Brunswick Comprehensive Mineral Strategy. The report highlights Mount Pleasant’s indium, tin and tungsten mineralization.
2. Southern Energy (TSXV:SOU)
Weekly gain: 91.67 percent
Market cap: C$29.3 million
Share price: C$0.115
Southern Energy is an oil and gas company with assets located in Mississippi, US. The majority of its production is natural gas.
Its operations are centered around the state’s Interior Salt Basin, in the northeastern Gulf Coast Region. Southern has an interest in producing wells spread across several assets, including Gwinville, Mechanicsburg and Mount Olive East.
According to a February 2026 corporate presentation, current production from the company’s wells is about 11 million cubic feet of natural gas equivalent per day, with 27.9 million barrels of oil equivalent in reserves.
The company’s most recent news came on February 12, when Southern closed a non-brokered private placement that generated proceeds of US$23.5 million. The company said the funds will be used to repay the balance of a US$12.9 million senior credit facility, with the rest being directed to development capital, including the completion of two wells in Gwinville.
The share price gains also come amid volatility in the energy market.
3. Africa Energy (TSXV:AFE)
Weekly gain: 86.67 percent
Market cap: C$165.31 million
Share price: C$0.42
Africa Energy is a South Africa focused oil and gas exploration and development company.
Its flagship asset is Block 11B/12B located approximately 175 kilometers off the south coast of South Africa. The block covers an area of 18,734 square kilometers and depths between 200 meters and 1,800 meters.
It holds a 4.9 percent interest in the asset through its investment in Main Street 1549, a 49/51 joint venture with Arostyle Investments. The three other partners in the asset announced plans to withdraw from the Block 11B/12B joint venture in July 2024, and announced a definitive agreement for the new ownership structure of the Block 11B/12B asset in May 2025.
The restructuring would result in Africa Energy owning a direct 75 percent stake in the block, with Arostyle holding the remainder. This is contingent on the asset being granted the production rights, which itself requires approval of its environmental and social impact assessment. The report must be submitted by May 2026.
Shares of Africa Energy posted gains this week amid energy market volatility.
The company has not released any news since January 26, when it announced the resignation of Dr. Phindile Masangane as Director and Head of Strategy and Business Development. She will still assist Africa Energy as a consultant.
4. Gabriel Resources (TSXV:GBU)
Weekly gain: 60 percent
Market cap: C$41.58 million
Share price: C$0.16
Gabriel Resources is a precious metals explorer and developer focused on advancing its Rosia Montana gold project. Based in Transylvania, Romania, Rosia Montana is in a region that has seen significant historic mining. Covering 2,388 hectares, the site is host to a mid-to-shallow epithermal system containing deposits of gold and silver.
The most recent resource estimate from a 2012 technical report shows proven and probable quantities of 10.1 million ounces of gold and 47.6 million ounces of silver. Gabriel has invested more than US$760 million into Rosia Montana, but has undertaken little development at the site since the early 2010s, as Romania blocked further development.
In 2015, the company entered into arbitration through the World Bank’s International Center for Settlement of Investment Disputes (ICSID) over permitting at the site and suggested that Romania was in violation of bilateral investment treaties. In March 2024, Gabriel issued a press release with an update saying that its case against Romania had been dismissed by the ICSID, which also awarded Romania US$10 million in legal fees and expenses. Gabriel said it would review the decision with its legal team and evaluate its options.
In March 2025, Gabriel announced that the committee had ruled that a stay of enforcement of the Award would continue if Gabriel guaranteed the proven solvency of the US$10 million.
The committee was scheduled to hold hearings on January 22 and 23 of this year, but on January 19, Gabriel reported that the hearings would be postponed to a later date. A new date for the hearing has not been announced.
The company did not release news in the past week.
5. Rio Silver (TSXV:RYO)
Weekly gain: 48.05 percent
Market cap: C$41.58 million
Share price: C$1.14
Rio Silver is an exploration company advancing its Maria Norte project in Peru. The property changed hands several times in the 18 years prior to Rio Silver’s acquisition in March 2025, but saw little exploration during that time.
However, in a February 5 release, the company noted that historic mining occurred as the site hosts a reclaimed waste dump. In that announcement, the firm said it plans to advance surface mapping and sampling in the third quarter of 2026.
Throughout January, Rio Silver made several announcements regarding its exploration and development timeline. On January 6, the company reported results from technical work at the site, confirming the presence of silver mineralization with grades up to 991 g/t in a 0.7 meter channel sample.
To end the month, the company said it was launching a metallurgical program at the site to assist in determining the project’s potential value.
The most recent news came last week in a pair of releases.
The first on February 25, the company announced a new private placement to raise proceeds of up to C$3 million. Funds will be used to advance work at the Maria Norte project. The placement is being led by Sprott (TSX:SII,NYSE:SII) Founder Eric Sprott.
The second release came on February 26 when Rio reported it secured permission from the local community to begin site activities at Maria Norte. The company said it will continue working with the community to develop a formal definitive agreement for long-term exploration and mining activities.
FAQs for Canadian mining stocks
What is the difference between the TSX and TSXV?
The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.
How many mining companies are listed on the TSX and TSXV?
As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.
As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.
Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.
How much does it cost to list on the TSXV?
There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.
The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.
These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.
How do you trade on the TSXV?
Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.
Article by Dean Belder; FAQs by Lauren Kelly.
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.
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Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban.
The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal of transport’ section that outlines the instances in which United can boot its passengers from flights.
According to the document, United reserves the right to refuse transport — on a permanent basis — to any passenger who listens to their entertainment on speaker.
It also states that any passenger who causes United ‘any loss, damage or expense of any kind,’ may be responsible for reimbursing the airline.
‘We’ve always encouraged customers to use headphones when listening to audio content — and our Wi-Fi rules already remind customers to use headphones,’ United said in a statement. ‘With the expansion of Starlink, it seemed like a good time to make that even clearer by adding it to the contract of carriage.’
Passengers who forgot their headphones at home can request a free pair on their flight, if they’re available, according to United’s in-flight entertainment information.
The move inspired a strong reaction online.
‘One would think this is common sense and airlines would have in their rules,’ said one Reddit user. ‘Now let’s have the same rule for airline lounges.’
Others complained that this has become increasingly common on flights, especially among those with small children.
‘As a flight attendant; we have to tell people literally every flight,’ another person said on Reddit. ‘It makes our jobs harder when we’re stuck policing common courtesy instead of just focusing on service & safety.’
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Chen Lin of Lin Asset Management weighs in on silver and gold, as well as the critical minerals market, which is his favorite sector for 2026.
He also discusses how conflict in the Middle East could impact the resource sector.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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