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Cleantech Clarifies Technical Disclosure On The El Triunfo Gold-Antimony Project In Bolivia

Written by Date on April 18, 2025. Posted in Canada. Leave a Comment

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – April 17, 2025) – CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) (“CleanTech ” or the “Company”) is pleased to announce that it has identified multiple occurrences of antimony in select drill core from the El Triunfo gold and antimony project (the “Triunfo Project”) located 75 km east of La Paz city, Bolivia.

While conducting due diligence on the Triunfo Project drillhole database, the Company observed several intervals of antimony mineralization from nine inspected diamond-drill-holes recently drilled in 2020 and 2022. The assays of the drill holes are tabulated below. All nine drill holes contained several intersections of antimony grading higher than 0.1%. Hole TR010 contained 1.2-meter intersection grading over 1% antimony.

	Significant Drilling Program Intervals at the Triunfo Project
Hole ID	From	To	Width	True Width	Au	Ag	Sb
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)
TR004	70.00	71.00	1.00	0.77	0.01	1.25	0.15
TR004	71.00	72.00	1.00	0.77	0.37	7.76	0.12
TR004	72.00	73.00	1.00	0.77	1.51	2.67	0.01
TR004	73.00	74.00	1.00	0.77	0.41	4.59	0.39
TR004	101.90	102.50	0.60	0.46	0.13	11.85	0.09
TR004	102.50	103.50	1.00	0.77	0.03	0.80	0.01
TR004	123.50	124.50	1.00	0.77	0.00	1.48	0.02
TR004	131.50	132.50	1.00	0.77	0.01	2.99	0.01

TR005	58.00	59.00	1.00	0.94	0.00	0.38	0.04
TR005	61.00	62.00	1.00	0.94	0.40	8.00	0.03
TR005	62.00	63.00	1.00	0.94	0.04	3.53	0.84
TR005	63.00	64.00	1.00	0.94	0.00	0.61	0.15
TR005	64.00	66.00	2.00	1.88	0.01	0.14	0.02

TR006	94.50	95.00	0.50	0.47	1.63	>100	0.01
TR006	190.50	191.30	0.80	0.75	0.20	76.20	0.01

TR008	46.00	47.00	1.00	0.94	0.36	79.30	0.01
TR008	47.00	47.75	0.75	0.94	5.13	>100	0.02
TR008	72.00	73.00	1.00	0.94	0.02	88.90	0.03
TR008	75.00	76.00	1.00	0.94	0.06	54.30	0.02
TR008	77.00	78.00	1.00	0.94	0.02	3.41	0.07
TR008	78.00	79.00	1.00	0.94	0.02	20.00	0.10
TR008	79.00	80.00	1.00	0.94	0.01	3.22	0.04
TR008	81.00	82.00	1.00	0.94	0.01	1.90	0.01
TR008	82.00	83.00	1.00	0.94	0.04	11.15	0.10
TR008	83.00	84.00	1.00	0.94	0.08	18.20	0.04
TR008	247.50	248.50	1.00	0.94	1.87	63.50	0.02

TR009	154.00	155.00	1.00	0.91	0.11	>100	0.04
TR009	155.00	156.00	1.00	0.91	0.03	>100	0.02
TR009	169.00	170.00	1.00	0.91	0.24	>100	0.02
TR009	173.00	174.00	1.00	0.91	0.11	>100	0.01
TR009	174.00	175.00	1.00	0.91	0.27	88.20	0.02
TR009	175.00	176.00	1.00	0.91	1.92	32.50	0.02
TR009	206.00	207.00	1.00	0.91	0.02	8.11	0.02
TR009	226.00	227.00	1.00	0.91	0.02	3.33	0.01

TR010	31.00	33.00	2.00	1.73	0.01	3.45	0.14
TR010	37.00	39.00	2.00	1.73	0.00	1.23	0.04
TR010	39.00	39.60	0.60	0.52	0.01	4.41	0.31
TR010	39.60	40.80	1.20	1.04	0.30	61.40	>1
TR010	40.80	42.00	1.20	1.04	0.00	1.10	0.03
TR010	42.00	44.00	2.00	1.73	0.00	1.09	0.03
TR010	44.00	46.00	2.00	1.73	0.00	2.31	0.14
TR010	46.00	48.00	2.00	1.73	0.00	1.50	0.05
TR010	117.00	118.00	1.00	0.87	0.00	0.79	0.01
TR010	149.00	150.00	1.00	0.87	0.34	4.42	0.05
TR010	239.00	240.00	1.00	0.87	0.02	5.22	0.01

TR011	199.00	200.00	1.00	0.87	0.09	>100	0.01
TR011	218.00	219.00	1.00	0.87	0.13	75.00	0.01
TR011	229.00	230.00	1.00	0.87	0.02	99.70	0.10
TR011	247.00	248.00	1.00	0.87	0.01	5.71	0.01

TR012	260.00	261.00	1.00	0.71	0.05	7.14	0.08

TR013	77.00	78.00	1.00	0.71	0.16	92.80	0.01
TR013	85.20	86.00	0.80	0.57	0.00	67.60	0.01
TR013	86.00	86.60	0.60	0.42	0.02	49.40	0.14
TR013	86.60	88.00	1.40	0.99	0.00	5.22	0.02
TR013	88.00	89.00	1.00	0.71	0.46	6.30	0.31
TR013	89.00	90.00	1.00	0.71	0.01	6.12	0.29
TR013	90.00	91.00	1.00	0.71	0.01	1.97	0.15
TR013	93.00	94.00	1.00	0.71	0.02	6.58	0.11
TR013	254.00	255.00	1.00	0.71	0.03	15.05	0.04
TR013	260.00	261.00	1.00	0.71	0.01	15.60	0.01
TR013	265.00	267.00	2.00	1.41	0.00	8.13	0.02
TR013	286.00	287.10	1.10	0.78	0.21	7.89	0.01
TR013	287.70	288.45	0.75	0.53	0.20	18.85	0.02
TR013	288.45	289.00	0.55	0.39	0.01	9.33	0.05
TR013	289.00	290.00	1.00	0.71	0.02	8.61	0.04

The Company is highly encouraged by the antimony results and will continue to evaluate this potential by reviewing and assaying prior historic drill core. The Company is optimistic about exploring Triunfo Project’s potential to meet the increasing demand in critical sectors like energy storage, military and industrial alloy manufacturing.

Antimony price has reached over US$40,000 per ton in 2025 representing over a 250% increase since January 2024 according to S&P Global^[1]. This surge follows China’s announcement on January 1, 2025, restricting antimony exports to the United States as part of broader controls on critical minerals, including antimony, gallium, and germanium.

Antimony is a crucial material in flame retardants, lead-acid batteries, ammunition, and various metal alloys critical for industrial and defense applications.

According to the U.S. Geological Survey^[2], global annual antimony production was approximately 83,000 metric tons in 2023. China currently dominates global antimony supply, accounting for around 50% of total production and most of the world’s exports. The United States currently has no domestic antimony production and relies entirely on imports to meet its antimony requirements. Bolivia produces approximately 3,000 metric tons of antimony annually, accounting for about 3.6% of global supply according to USGS.

About the El Triunfo Project:

CleanTech entered into an Option Assignment Agreement with Silver Elephant Mining Corp. (” Silver Elephant “) on April 8, 2025 pursuant to which Silver Elephant proposes to assign its rights to an option agreement dated July 10, 2020 (the ” Triunfo Option Agreement “) to acquire 100% of the equity interests in the capital of Mururata S.R.L. a commercial society existing pursuant to the laws of Bolivia, which owns certain Bolivian mining rights that comprise the El Triunfo Project to CleanTech in consideration for the payment of CAD 155,000 in cash (the ” Transaction “).

Closing of the Transaction is subject to the satisfaction of certain conditions precedent thereto including, without limitation, satisfactory completion of due diligence in respect of the Triunfo Project by CleanTech, the receipt of the requisite regulatory and stock exchange approvals by each of Silver Elephant and CleanTech, and the execution of an amendment to the Triunfo Option Agreement in form and substance acceptable to CleanTech. CleanTech paid Silver Elephant a refundable deposit in the amount of $155,000 which deposit shall be repaid in the event the Transaction is not completed by December 31, 2025 or if the Triunfo Option Assignment Agreement is otherwise terminated.

Triunfo Project drilling results (drilling conducted by Silver Elephant):

Triunfo Project 2020 Drill Program Significant Gold Intervals
Hole ID	From	To	Width	True Width	Au	Ag	Zn	Pb
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)
TR004	14.00	15.00	1.00	0.77	0.24	18.85	0.21	0.65
17.00	18.00	1.00	0.77	0.74	2.21	0.03	0.04
71.00	74.00	3.00	2.30	1.11	5.01	0.00	0.00
TR005	61.00	62.00	1.00	0.94	0.59	8.00	0.00	0.01
122.00	124.00	2.00	1.88	0.50	2.29	0.01	0.02
TR006	5.00	6.00	1.00	0.94	0.73	3.19	0.10	0.13
20.00	21.00	1.00	0.94	0.15	11.10	0.35	0.29
40.00	76.00	36.00	33.83	0.49	15.46	0.54	0.44
including…	58.00	72.00	14.00	13.15	0.48	20.23	0.76	0.66
TR006	94.50	101.50	7.00	6.58	0.56	23.21	0.82	0.56
106.50	107.40	0.80	0.75	0.32	12.70	0.25	0.01
120.00	121.00	1.00	0.94	0.07	15.90	0.50	0.67
142.80	143.30	0.50	0.47	0.60	0.43	0.00	0.00
190.00	191.30	1.30	1.22	0.72	89.58	2.07	0.16
TR007	13.00	111.90	98.90	85.65	0.37	22.71	0.74	0.58
including…	63.00	111.90	48.90	42.35	0.42	35.49	1.17	0.83
TR007	118.50	119.50	1.00	0.87	0.03	4.55	0.17	0.53
121.50	122.50	1.00	0.87	0.30	3.69	0.07	0.46
125.50	126.30	0.80	0.69	0.56	3.18	0.09	0.03
179.00	181.00	2.00	1.73	1.05	1.38	0.01	0.01
185.60	186.20	0.60	0.52	0.44	5.69	0.02	0.01
196.00	197.00	1.00	0.87	0.74	1.46	0.00	0.00
TR008	6.80	84.00	77.30	72.63	0.31	17.65	0.57	0.53
including…	45.00	51.40	6.40	6.01	1.60	56.49	1.66	0.94
TR008	138.10	139.10	1.00	0.94	0.71	0.90	0.01	0.00
149.00	151.00	2.00	1.88	0.10	22.73	0.78	0.03
156.00	157.00	1.00	0.94	0.74	1.33	0.02	0.01
183.00	183.60	0.60	0.56	1.65	2.62	0.02	0.01
231.60	232.60	1.00	0.94	0.41	4.50	0.00	0.00
247.50	250.00	2.50	2.35	1.64	35.99	0.00	0.00
257.00	258.00	1.00	0.94	0.78	2.15	0.00	0.00

Triunfo Project 2022 Drill Program Significant Gold Intervals
Hole ID	From	To	Width	True Width	Au	Ag	Pb	Zn
(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)
TR009	3.00	250.00	247.00	223.86	0.20	8.10	0.17	0.14
incl…	46.00	47.00	1.00	0.91	0.40	1.70	0.01	0.00
…and	109.00	115.00	6.00	5.44	0.50	1.90	0.02	0.00
…and	137.00	138.00	1.00	0.91	0.40	18.30	0.70	0.14
…and	154.00	156.00	2.00	1.81	0.20	211.00	0.84	0.24
…and	164.00	178.00	14.00	12.69	0.80	65.00	1.74	1.44
…and	193.00	197.00	4.00	3.63	1.20	2.10	0.04	0.01
…and	232.00	236.00	4.00	3.63	2.40	12.90	0.19	0.04
TR010	7.00	52.00	45.00	38.97	0.30	8.70	0.58	0.40
incl…	24.00	25.00	1.00	0.87	1.80	27.00	0.81	1.25
…and	39.60	40.80	1.20	1.04	2.40	61.40	10.80	2.98
TR010	144.00	151.00	7.00	6.06	0.40	2.40	0.00	0.00
TR010	190.00	192.00	2.00	1.73	0.90	4.60	0.05	0.03
TR010	219.00	221.00	2.00	1.73	0.60	5.30	0.01	0.04
TR010	237.00	245.00	8.00	6.93	0.40	4.50	0.04	0.04
incl…	241.00	243.00	2.00	1.73	1.10	5.00	0.01	0.01
TR010	290.00	291.00	1.00	0.87	0.30	95.30	1.96	0.20
TR011	2.00	300.10	298.10	258.15	0.06	2.80	0.06	0.05
incl…	195.00	242.00	47.00	40.70	0.18	12.90	0.31	0.22
…and	197.00	201.00	4.00	3.46	0.34	46.00	1.16	0.78
…and	198.00	200.00	2.00	1.73	0.49	80.90	2.04	1.29
…and	210.00	214.00	4.00	3.46	0.42	16.60	0.50	0.44
…and	218.00	219.00	1.00	0.87	1.39	75.00	1.82	2.35
…and	229.00	230.00	1.00	0.87	0.10	99.70	1.41	0.02
TR012	164.00	164.50	0.50	0.35	1.04	61.40	1.87	0.84
…and	177.00	179.00	2.00	1.41	0.94	11.40	0.30	0.21
…and	184.00	187.50	3.50	2.47	0.32	21.70	0.67	0.28
…and	195.00	196.00	1.00	0.71	0.34	44.60	1.15	3.04
…and	201.00	203.00	2.00	1.41	1.50	18.80	0.52	0.32
…and	234.00	236.00	2.00	1.41	1.54	12.10	0.47	0.76
TR013	64.30	90.00	25.70	18.17	0.32	22.20	0.73	0.48
incl…	64.30	65.00	0.70	0.49	0.52	18.50	0.54	0.72
…and	75.00	83.00	8.00	5.66	0.76	41.10	1.45	0.98
…and	84.00	86.60	2.60	1.84	0.13	70.30	1.72	0.68
…and	286.00	290.00	4.00	2.83	0.41	9.40	0.31	0.77

Triunfo Project Drillholes Location
HOLE_ID	E_UTM	N_UTM	ELEVATION	AZIMUTH	DIP	TOTAL DEPTH
(m)	(m)
TR004	623424	8169608	4504.0	20.0	-50.0	150.0
TR005	623539	8169656	4518.0	200.0	-70.0	201.0
TR006	623869	8169669	4505.0	180.0	-70.0	201.0
TR007	623752	8169714	4536.0	180.0	-60.0	204.0
TR008	623654	8169712	4575.0	184.0	-70.0	261.4
TR009	623889	8169707	4518.0	205.0	-65.0	250.0
TR010	623519	8169724	4551.0	210.0	-60.0	296.0
TR011	624693	8169502	4560.0	200.0	60.0	300.1
TR012	624825	8169480	4578.0	180.0	45.0	300.0
TR013	625344	8169214	4501.0	190.0	-45.0	329.0

Triunfo Project Drillholes Map

To view an enhanced version of this graphic, please visit:

Location & Geology

The Triunfo Project lies within Bolivia’s Cordillera Real, an area with complex geology including Paleozoic metamorphic and igneous formations. This region has experienced multiple tectonic and orogenic (mountain-building) events, creating fractures and faults that host hydrothermal mineral deposits.

QA/QC

A Quality Assurance and Quality Control (QA/QC) program consistent with industry standards was implemented during the various drilling campaigns. The procedure involved cutting the core in half and sampling one half, with each sample weighing between 6 and 10 kg. All core and other samples were split, bagged, labeled, and shipped directly to the laboratory.

The laboratory used for analysis was ALS Global, with sample preparation protocol PREP-31, and assays requested for silver (Ag) and 41 elements using the ME-ICP41 method. The remaining 50% of the split sample is securely stored at a dedicated facility. Sample preparation is carried out at the ALS Global laboratory in Oruro, Bolivia, and the analyses are performed at the ALS Global laboratories in Peru or Canada.

Standards and blanks were inserted at regular intervals within each sample batch prior to shipment to the laboratory. These accounted for between 3% and 5% of the analyzed material, depending on the phase of the drilling campaign .

Qualified Person

The technical contents of this news release have been prepared under the supervision of Carlos Zamora,is a member of the American Institute of Professional Geologists (AIPG) and a Certified Professional Geologist (CPG) since 2024. Mr. Zamora is an independent qualified person as defined by National Instrument 43-101.

About CleanTech Vanadium Mining Corp.

CleanTech is an exploration-stage mining company focused on critical mineral resources. The Company owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada, United States and has the right to acquire the El Triunfo gold-antimony project in Bolivia.

Further information on CleanTech can be found at .

ON BEHALF OF THE BOARD

“John Lee”
CEO and Director

For more information about CleanTech, please contact:
Phone: 1.877.664.2535
…

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management’s expectations regarding CleanTech’s future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information. Forward-looking information in this news releases includes: the forward looking market data relating to antimony,that all conditions precedent to the Transaction will be met and the realization of the anticipated benefits derived therefrom for shareholders of each of CleanTech and perception of (i) the quality and the potential of the El Triunfo Project, (ii) the consideration offered by CleanTech for the El Triunfo Project, and (iii) the potential of CleanTech’s businesses following completion of the Transaction. Forward-looking statements are based on the opinions and estimates of management of CleanTech at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of CleanTech, there is no assurance they will prove to be correct and are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Forward-looking information involves significant risks and uncertainties, should not be read as a guarantee of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking information, including but not limited to: changes in operating plans; ability to secure sufficient financing to advance the Company’s project; conditions impacting the Company’s ability to mine at the project, such as unfavorable weather conditions, development of a mine plan, maintaining existing permits and receiving any new permits required for the project, and other conditions impacting mining generally; maintaining cordial business relations with strategic partners and contractual counter-parties; meeting regulatory requirements and changes thereto; risks inherent to mineral resource estimation, including uncertainty as to whether mineral resources will be further developed into mineral reserves; political risk in the jurisdictions where the Company’s projects are located; commodity price variation; and general market, industry and economic conditions. Additional risk factors are set out in the Company’s latest annual and interim management’s discussion and analysis and annual information form (AIF), available on SEDAR+ at .

Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward- looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.

^[1]

^[2]

To view the source version of this press release, please visit

SOURCE: CleanTech Vanadium Mining Corp.

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How we can rehabilitate legacy mines with proven approaches

Written by Staff Reporter on April 17, 2025. Posted in Canada. Leave a Comment

Shameer Hareeparsad, Director: Geochemistry, WSP in Africa

South Africa has a long and rich history of mining and has some of the best expertise in the world in applications like coal mining, amongst others. While mining activities have significantly contributed to the development and growth of the country’s economy and its position as a hub on the continent, the legacy of mining across the country presents a growing liability.

There are several recent examples of historic underground mines that are creating new hazards in today’s environment and impacting both water systems and terrestrial ecosystems. Legacy mines were typically closed to the standards of the day, with little to no consideration for future changes in surface conditions, climate or development. Because South Africa is a prolific mining player on the continent, and has been for centuries, the country has many mine sites that are poised to pose a variety of problems, ranging from seepage and mine drainage outflows to structural failures.

These different problems have four factors in common. Firstly, they will continue to deteriorate over time. Secondly, they are addressed by temporary measures. Thirdly, the risk and liability they present will also continue to grow. Fourthly, they will result in large expenditures.

Finding the right way to treat the problem of legacy mines presents a challenge. Typically, water treatment is used to manage output from decant (water discharge), but this is only a temporary management tool, not a solution. This approach also has its own complications, such as brine management and long-term storage of sludge, which just creates two additional waste streams that require management forever. However, not treating historic mines invariably presents unexpected problems down the line.

A recent WSP case study on a closed coal mine located in Kwa-Zulu Natal presents a prime example of a historic mine that is now presenting problems. Exploration and drilling at the site of this mine date back to 1896. The mineral rights were purchased by the current owner in 1954 and the mine operated for nearly 50-years before being closed in 2000, where the pumping of water from underground ceased. The site spans approximately 69 km2 and its depth is approximately 250 m below the surface.

While the coal mine has been closed for more than 20-years our 2024 study revealed that it has decant emanating from the underground in unexpected locations – and not at specific locations associated with old entries/shafts reporting to surface. The mine is relatively deep and there is no access to the underground anymore, and the mine plans that are available are not comprehensive.

There is also no existing infrastructure on the surface but there are additional closure activities happening around capping the fines disposal areas which are far removed from the decant areas. The decant areas are on the surface; these areas are not designed for or permitted to have discharge locations. The source of the decant is not clear – other than it is coming from the flooded underground – and there are many potential pathways that could be fuelling the decant.

This poses a critical question; how do we responsibly – and most effectively – rehabilitate legacy mines such as this? Fortunately, the technology to rehabilitate legacy mines has advanced considerably over the past several years. Paste technology offers a viable solution for rehabilitating seepage, as it involves creating high-density, low-moisture mixtures of solid materials and liquids. These pastes are fluid enough to be pumped but stiff enough to be stable after placement.

Furthermore, paste technology offers environmental and economic benefits. It can reduce the risk of particle segregation; improve the stability of deposited tailings; eliminate the pond on top of tailings deposits and potentially lower overall costs. Additionally, mixing paste with cement is used to create Cemented Paste Backfill (CPB), which can refill mined areas. This improves extraction rates and enhances ground stability.

WSP undertook a project to address the aforementioned coal mine, which afforded us the opportunity to consider two possible solutions to address a historic mine and remediate leakage. The first phase of the project entailed examining the possibility of injecting the brine products from the temporary water treatment system back into the underground.

Although the exact injection rate has not yet been determined – which will become clear in the next phase of the project and once the water treatment plant has been commissioned and is operational – the brine itself is known to have high salinity with elevated levels of total dissolved solids (TDS), sulphates, and chlorides. Another solution we are looking at is using paste backfill to plug the preferential pathways to eliminate decant production.

For the brine storage component, initial assessments indicate that underground voids could serve as a viable short-term containment solution. While there are risks around volume capacity, migration potential and geochemical interactions, these can be managed with targeted monitoring and mitigation measures.

At this stage of the project, it is clear that the use of paste backfills to plug preferential pathways to reduce or eliminate the decant from the underground is a better option. This would allow for reduction or elimination of the water treatment step, which is a long-term cost and liability. There is additional work to be done as part of the next phase of the project and to fully assess the option, but currently no fatal flaw exists to rule out using paste backfill.

This project illustrates that paste technology offers a genuine solution to the need to address historic mines. More importantly, it illustrates that even as historic mines can pose challenges, there are workable solutions. Clearly, we cannot undo the reality of South Africa’s many historic mines, which means that rehabilitating these sites using the technologies available is something that the country must address, one way or another. It is our responsibility to mitigate the environmental impacts of historical mining activities, ensuring that future generations are not burdened by ecological harm or degradation. By addressing the legacy of our mining past, we better safeguard a sustainable future for those who come after us.

Shameer Hareeparsad, Director: Geochemistry, WSP in Africa, and colleague Sue Longo, Principal Engineer, WSP in Canada, jointly presented their paper titled, “Rehabilitation of a historic mine with sudden seepage” at Paste 2025 – the 27th International Conference on Paste, Thickened and Filtered Tailings that took place 8–10 April 2025 in Namibia.

About WSP

WSP is one of the world’s leading professional services firms, uniting its engineering, advisory and science-based expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 73,000 professionals, known as Visioneers. Together they pioneer solutions and deliver innovative projects across sectors: Transportation & Infrastructure, Property & Buildings, Earth & Environment, Water, Power & Energy and Mining & Metals. WSP is publicly listed on the Toronto Stock Exchange (TSX:WSP).

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TSX set for best week in 7 months; US-Japan trade talks in focus

Written by Reuters on April 17, 2025. Posted in Canada. Leave a Comment

Energy stocks led Canada’s main stock index higher on Thursday, as investors took stock of U.S.-Japan trade negotiations, although sentiment remained fragile amid tariff uncertainties.

Toronto Stock Exchange’s S&P/TSX Composite Index rose 0.16% to 24,141.14 points, and was poised for its largest weekly advance since September 2024, if gains hold.

On the day, the energy sector powered the gains, climbing 1.8% as oil prices reached their highest level in two weeks.

Markets have been focused on the rapidly evolving trade policies under the Trump administration, with investors awaiting potential agreements between the U.S. and its trading partners.

On Wednesday, U.S. President Donald Trump touted “big progress” in tariff talks with Japan. Japanese representative Ryosei Akazawa revealed limited details but confirmed a second meeting is scheduled for later this month, noting Trump called a deal with Japan a “top priority.”

“Markets tend to respond positively when protectionist risks recede,” said David Ferreira, portfolio manager at Harbourfront Wealth Management.

Resource shares help lift Toronto stock market to weekly gain

“A stable trading relationship between two major global economies reinforces confidence in global supply chains and demand forecasts — both of which are key for Canadian exporters and commodity producers”.

Bond proxy utilities rose 1.3%, as Canada’s 10-year bond yield fell to 3.090% after sharply rising in the previous session. Heavy-weighted financials added 0.3%.

Capping the gains, materials group which include metal mining shares, dropped over 1% as gold prices pulled back from a record high on profit booking.

Healthcare stocks were down 0.3%, with cannabis firm Tilray Brands falling 5% to the bottom of the benchmark index.

The Canadian stock markets will be closed on Friday for the Good Friday holiday.

Cathie Wood Goes Bargain Hunting: Buys the Robinhood Dip, Invests in Newly Listed Solana Staking Fund

Written by Niloy Chakrabarti on April 17, 2025. Posted in Canada. Leave a Comment

Ark Invest CEO Cathie Wood rose to fame when the exchange-traded funds (ETFs) managed by her investment firm soared by over 100% each in 2020, at the height of the COVID-19 pandemic.

Wood is popular for her singular investing strategies and bets on disruptive, high-growth firms, including generative artificial intelligence (AI), genome development, autonomous robots, space exploration, cryptocurrency, and 3D printing.

She often makes bold trades, believing that today’s disruptive innovation will shape tomorrow’s future.

Yesterday, Wood’s Ark Invest made several portfolio changes, investing millions of dollars in Robinhood Markets (NASDAQ:HOOD), the 3iQ Solana Staking ETF, and selling shares of BTC ETF and biotech firms.

Buying The Robinhood Dip

Wood purchased 60,266 shares of Robinhood Markets, valued at roughly £1.85 million ($2.45 million), on Wednesday. The stock price declined by over 7% to close at £30.73 ($40.66) following US Federal Reserve Chair Jerome Powell’s warnings about rising inflation and threats emerging from the escalating trade war with China. Powell’s comments sparked further volatility in the stock market, dragging down benchmark indexes by several percentage points, as he forecast softer growth for Q1 2025.

Benchmark indexes, including the S&P 500, Nasdaq Composite, and Dow Jones, were down between 3% and 1.73% on Wednesday.

Robinhood relies primarily on retail trading. Hence, the stock price could be strongly correlated with market volatility since its user base of mostly retail investors might lower trading activity during economic upheavals, putting downward pressure on the brokerage’s revenue streams and overall performance.

Buys 500,000 Shares of a New Solana Staking ETF Trade

Ark Invest also bought 500,000 shares of the 3iQ Solana Staking ETF (SOLQ.U) via its Ark Fintech Innovation and Ark Next Generation Internet ETFs for an estimated £3.92 million ($5.20 million) based on Wednesday’s closing price of £7.81 ($10.34).

The Solana Staking ETF was listed on the Toronto Stock Exchange yesterday. The fund’s top investors include SkyBridge Capital, which was founded by Anthony Scaramucci. The new ETF prioritises investing in long-term holdings of Solana purchased from over-the-counter counterparties and strives to offer investors lucrative ‘staking rewards.’ According to a 3iQ press release release, the fund describes itself as the first Digital Assets Managed Account Platform globally.

The new ETF listing potentially played a role in driving Solana prices by almost 6% to over £100.45 ($132.95) per token in the past day.

Wood Offloads Shares in Bitcoin ETF and Biotech Firms

Wood’s ARK Next Generation Internet ETF fund offloaded 31,817 shares worth £2.04 million ($2.7 million) of the ARK 21Shares Bitcoin ETF, which closed at £63.60 ($84.15) yesterday. However, this trade coincided with signs of recovery across BTC ETFs following extreme downward pressure in recent weeks. Bitcoin ETFs reportedly witnessed over £57.43 million ($76 million) in net inflows, signalling a comeback after massive outflows. Bitcoin prices were marginally up 0.46% at £63,717 ($84,312.30) in the past day.

Wood also sold nearly 10,000 shares of multiple biotech firms, including Repare Therapeutics (NASDAQ:RPTX) and Prime Medicine (NASDAQ:PRME) collectively in her latest investment move.

Disclaimer: Our digital media content is for informational purposes only and not investment advice. Please conduct your own analysis or seek professional advice before investing. Remember, investments are subject to market risks and past performance doesn’t indicate future returns.

The 2025 Tax Hiring Outlook

Written by TaxTalent TaxSearch on April 17, 2025. Posted in Canada. Leave a Comment

The 2025 Tax Hiring Outlook – Toronto Stock Exchange News Today – EIN Presswire

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FTSE 100 Live: Blue-chip index almost out its hole; precious…

Written by TSX Stocks on April 17, 2025. Posted in Canada. Leave a Comment

J Sainsbury PLC (LSE:SBRY) to have its say on Thursday…read more

Deliveroo PLC (LSE:ROO) last month confirmed two major milestones — its first-ever net profit and positive free cash flow — but shares are little moved since. Some analysts reckon the market has got it wrong…read more

The BP PLC (LSE:BP.) annual shareholders’ meeting could be a tense one, with both the company and activist investor Elliott Management having been preparing for a potential battle…read more

Announcements due on 17 April:

Trading updates: Deliveroo, Dunelm Group, Ninety One, Rentokil Initial

Finals: J Sainsbury

Overseas earnings: American Express, Blackstone, DR Horton, Marsh & McLennan, TSMC, UnitedHealth Group (all premarket), Netflix (post-market)

AGM: BP

Economic announcements: ECB Rate Decision (EU), Building Permits, Housing Starts, Initial Jobless Claims, Philadelphia Fed Manufacturing Index (all US)

Ex-dividends to reduce FTSE 100 by: 7.65 points (BAE Systems, Rolls-Royce Holdings, London Stock Exchange Group, Unite Group, Fresnillo, Antofagasta, Weir, Convatec)

“>FTSE 100 to open 68 points in the green

7.25am: Green for go

It’s all about respect, baby. Bloomberg has said, citing an unnamed Beijing official, that if the US can drop the invective, the Chinese are ready to engage in positive conversations that could prevent a trade war. Wouldn’t that be nice?

So, the markets are currently guardedly optimistic at the prospect, with Asia’s main bourses in positive territory

In the UK, London is set to open 68.2 points higher at 8,251.5 for a 7.7% gain over the last five trading days. Year-to-date, the UK’s top stocks index is now at parity.

Looking ahead, we have updates from Sainsbury’s and Deliveroo, along with what is likely to be a tense shareholder meeting for BP’s management.

“>5am: What to watch on Thursday”>J Sainsbury PLC (LSE:SBRY) to have its say on Thursday…read more “>5 am: What to watch on Thursday”>5 am: What to watch on Thursday

After Tesco ‘got out the knuckledusters’, as analyst said, with its results and a warning that it is prepared to see profits fall this year amid a heightening of competition in the market, it is time for J Sainsbury PLC (LSE:SBRY) to have its say on Thursday…read more

The BP PLC (LSE:BP.) annual shareholders’ meeting could be a tense one, with both the company and activist investor Elliott Management having been preparing for a potential battle…read more

Later on, the European Central Bank will unveil its latest policy decision in the early afternoon, with a rate cut expected as US tariffs threaten to drag the bloc into a recession.

In the evening, after the US markets have closed, there will be earnings from Netflix, which will act as a prelude to the first of the so-called Magnificent Seven, which begin to post their earnings from next week.

Announcements due on 17 April:

Trading updates: Deliveroo, Dunelm Group, Ninety One, Rentokil Initial

Finals: J Sainsbury

Overseas earnings: American Express, Blackstone, DR Horton, Marsh & McLennan, TSMC, UnitedHealth Group (all premarket), Netflix (post-market)

AGM: BP

Economic announcements: ECB Rate Decision (EU), Building Permits, Housing Starts, Initial Jobless Claims, Philadelphia Fed Manufacturing Index (all US)

Ex-dividends to reduce FTSE 100 by: 7.65 points (BAE Systems, Rolls-Royce Holdings, London Stock Exchange Group, Unite Group, Fresnillo, Antofagasta, Weir, Convatec)

“>“>

7.25 am: Green for go

So, the markets are currently guardedly optimistic at the prospect, with Asia’s main bourses in positive territory

In the UK, London is set to open 68.2 points higher at 8,251.5 for a 7.7% gain over the last five trading days. Year-to-date, the UK’s top stocks index is now at parity.

Looking ahead, we have updates fom Sainsbury’s and Deliveroo, along with what is likely to be a tense shareholder meeting for BP’s management.

5 am: What to watch on Thursday

The BP PLC (LSE:BP.) annual shareholders’ meeting could be a tense one, with both the company and activist investor Elliott Management having been preparing for a potential battle…read more

Later on, the European Central Bank will unveil its latest policy decision in the early afternoon, with a rate cut expected as US tariffs threaten to drag the bloc into a recession.

Announcements due on 17 April:

Trading updates: Deliveroo, Dunelm Group, Ninety One, Rentokil Initial

Finals: J Sainsbury

Overseas earnings: American Express, Blackstone, DR Horton, Marsh & McLennan, TSMC, UnitedHealth Group (all premarket), Netflix (post-market)

AGM: BP

Economic announcements: ECB Rate Decision (EU), Building Permits, Housing Starts, Initial Jobless Claims, Philadelphia Fed Manufacturing Index (all US)

Ex-dividends to reduce FTSE 100 by: 7.65 points (BAE Systems, Rolls-Royce Holdings, London Stock Exchange Group, Unite Group, Fresnillo, Antofagasta, Weir, Convatec)

“>9.25 am: Footsie remains in the red; metal bashers take a bashing

The blue-chip index remained in the red with no signs of it emerging any time soon.

The escalating trade tensions between the US and China seem to be front of mind.

We entered the session on a generally positive note from Asia, where sentiment was tilted towards a thawing of relations.

The mood music out of Beijing certainly suggested there may be room for a more cordial dialogue.

Enter JD Vance, who looks to be upping the ante once more with a trip to India, the de facto alternative location for America’s cut-price electronics.

The queasy feeling set back in. With the Sino-American stand-off far from settled, the UK’s engineers, big exporters, and tariff targets took the brunt of the selling activity.

Defence contractor BAE Systems was hardest hit, followed by GKN owner Melrose and pump maker Weir.

8.30 am: Sainsbury realistic about its prospects

The FTSE 100 defied the pre-market positivity from Asia to nudge into the red on the last trading day ahead of the long Easter weekend.

The big corporate news came from Sainsbury, which is predicting its profits will be flat this around the £1 billion mark.

The market seems to have taken this as a positive, with the shares up 3% in early trading. And given the headwinds (national insurance and a looming trade war), you can understand the sentiment.

Shore Capital’s Clive Black, a veteran of the sector and widely followed, thinks there may be headroom for Sainsbury to improve on performance as the year unfolds. “A rational market could see upward revision in time,” he said in a note.

7.25 am: Green for go

So, the markets are currently guardedly optimistic at the prospect, with Asia’s main bourses in positive territory

In the UK, London is set to open 68.2 points higher at 8,251.5 for a 7.7% gain over the last five trading days. Year-to-date, the UK’s top stocks index is now at parity.

Looking ahead, we have updates fom Sainsbury’s and Deliveroo, along with what is likely to be a tense shareholder meeting for BP’s management.

5 am: What to watch on Thursday

The BP PLC (LSE:BP.) annual shareholders’ meeting could be a tense one, with both the company and activist investor Elliott Management having been preparing for a potential battle…read more

Later on, the European Central Bank will unveil its latest policy decision in the early afternoon, with a rate cut expected as US tariffs threaten to drag the bloc into a recession.

Announcements due on 17 April:

Trading updates: Deliveroo, Dunelm Group, Ninety One, Rentokil Initial

Finals: J Sainsbury

Overseas earnings: American Express, Blackstone, DR Horton, Marsh & McLennan, TSMC, UnitedHealth Group (all premarket), Netflix (post-market)

AGM: BP

Economic announcements: ECB Rate Decision (EU), Building Permits, Housing Starts, Initial Jobless Claims, Philadelphia Fed Manufacturing Index (all US)

Ex-dividends to reduce FTSE 100 by: 7.65 points (BAE Systems, Rolls-Royce Holdings, London Stock Exchange Group, Unite Group, Fresnillo, Antofagasta, Weir, Convatec)

“>J Sainsbury PLC (LSE:SBRY) to have its say on Thursday…read more “>Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) generated US$61.9 million in revenue from selling 22,750 ounces of gold in the first quarter and has removed all its gold hedges.

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) is collaborating with DuPont Water Solutions to trial nanofiltration membrane technology aimed at improving lithium recovery in its processing operations.

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) reported operational progress across its portfolio and ended the first quarter with A$10.60 million in cash.

Iofina PLC (AIM:IOF, OTC:IOFNF) said it produced 124.1 tonnes of crystalline iodine in the first quarter, slightly up from 123.7 tonnes last year, despite weather-related disruptions in Oklahoma.

“>Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) generated US$61.9 million in revenue from selling 22,750 ounces of gold in the first quarter and has removed all its gold hedges. Read more ...

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) is collaborating with DuPont Water Solutions to trial nanofiltration membrane technology aimed at improving lithium recovery in its processing operations. Read more …

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) reported operational progress across its portfolio and ended the first quarter with A$10.60 million in cash. Read more …

Iofina PLC (AIM:IOF, OTC:IOFNF) said it produced 124.1 tonnes of crystalline iodine in the first quarter, slightly up from 123.7 tonnes last year, despite weather-related disruptions in Oklahoma. Read more …

“>1:20pm: FTSE down 45 points at lunch

London’s blue-chip benchmark remains on the backfoot, down 45 points or 0.55% at 8,230, as traders wait the long bank holiday without taking any chances.

Looking to Wall Street, the US stock futures were mixed with the Dow Jones Industrial Average futures falling sharply by over 500 points, down 1.5%.

In contrast, futures tied to the S&P 500 and Nasdaq-100 showed modest gains, indicating a partial rebound following Wednesday’s tech-led selloff.

Federal Reserve Chair Jerome Powell’s comments on trade tariffs added pressure to market sentiment.

Speaking in Chicago, Powell warned that tariffs are likely to increase inflation and could slow economic growth, creating a “challenging scenario” for the central bank.

Eli Lilly shares jumped over 11% after its diabetes drug showed strong results in a late-stage trial.

Taiwan Semiconductor also reported better-than-expected first-quarter profits, up 60% year-on-year, supported by demand for AI-related chips.

Meanwhile, Nvidia shares remained flat after revealing a $5.5 billion charge linked to US export restrictions.

1:15pm: ECB cuts rates to 2.25%

The European Central Bank lowered its benchmark interest rate by 25 basis points to 2.25%, marking its third rate cut in 2025.

The decision follows increasing concerns over slowing eurozone growth and escalating trade tensions linked to new tariffs imposed by the United States.

The ECB said the move is aimed at ensuring inflation remains on track to meet a 2% target while supporting growth amid weakening economic conditions.

11:59am: Proactive small-cap headlines

Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) generated US$61.9 million in revenue from selling 22,750 ounces of gold in the first quarter and has removed all its gold hedges. Read more ...

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) reported operational progress across its portfolio and ended the first quarter with A$10.60 million in cash. Read more …

11:05am: FTSE 100 still soft

Late in the morning, the FTSE 100 was down just over 60 points, off 0.77%, changing hands at 8,211.

Thursday’s ‘softness’ in London comes despite somewhat reassuring mood-music in Asia, highlighted AJ Bell investment director Russ Mould.

“Discussions between the US and Japan on trade and noises that China might be open to its own negotiations on trade helped improve the mood music in Asia,” Mould said in a statement.

“Elsewhere, Taiwanese chip manufacturer TSMC provided some reassurance as it posted strong growth and, probably more significantly, said it had not seen any changes in customer behaviour off the back of tariffs.

“Whether that will continue to be the case and whether the situation deteriorates remains an open question.”

10.15 am: Defensives in demand

Sainsbury’s trading update was met with a collective sigh of relief, lifting sentiment across the sector and pulling Tesco higher alongside it.

In a climate of rising labour costs and intensifying price competition, driven in part by Asda, Sainsbury’s decision to hold guidance was taken as a reassuring signal.

Elsewhere, Rentokil’s muted trading statement was treated with similar leniency, with the shares up 3% in early trading.

There was a broader shift towards defensive stocks, as investors looked for stability in companies seen as resilient during economic uncertainty. Supermarkets and consumer staples led the move, with steady updates helping to anchor sentiment in an otherwise cautious market.

Turning to the broader market, the Footsie continued its slide into the red amid renewed trade war fears.

9.25 am: Footsie remains in the red; metal bashers take a bashing

The blue-chip index remained in the red with no signs of it emerging any time soon.

The escalating trade tensions between the US and China seem to be front of mind.

We entered the session on a generally positive note from Asia, where sentiment was tilted towards a thawing of relations.

The mood music out of Beijing certainly suggested there may be room for a more cordial dialogue.

Enter JD Vance, who looks to be upping the ante once more with a trip to India, the de facto alternative location for America’s cut-price electronics.

The queasy feeling set back in. With the Sino-American stand-off far from settled, the UK’s engineers, big exporters, and tariff targets took the brunt of the selling activity.

Defence contractor BAE Systems was hardest hit, followed by GKN owner Melrose and pump maker Weir.

8.30 am: Sainsbury realistic about its prospects

The FTSE 100 defied the pre-market positivity from Asia to nudge into the red on the last trading day ahead of the long Easter weekend.

The big corporate news came from Sainsbury, which is predicting its profits will be flat this around the £1 billion mark.

The market seems to have taken this as a positive, with the shares up 3% in early trading. And given the headwinds (national insurance and a looming trade war), you can understand the sentiment.

7.25 am: Green for go

So, the markets are currently guardedly optimistic at the prospect, with Asia’s main bourses in positive territory

In the UK, London is set to open 68.2 points higher at 8,251.5 for a 7.7% gain over the last five trading days. Year-to-date, the UK’s top stocks index is now at parity.

Looking ahead, we have updates fom Sainsbury’s and Deliveroo, along with what is likely to be a tense shareholder meeting for BP’s management.

5 am: What to watch on Thursday

The BP PLC (LSE:BP.) annual shareholders’ meeting could be a tense one, with both the company and activist investor Elliott Management having been preparing for a potential battle…read more

Later on, the European Central Bank will unveil its latest policy decision in the early afternoon, with a rate cut expected as US tariffs threaten to drag the bloc into a recession.

Announcements due on 17 April:

Trading updates: Deliveroo, Dunelm Group, Ninety One, Rentokil Initial

Finals: J Sainsbury

Overseas earnings: American Express, Blackstone, DR Horton, Marsh & McLennan, TSMC, UnitedHealth Group (all premarket), Netflix (post-market)

AGM: BP

Economic announcements: ECB Rate Decision (EU), Building Permits, Housing Starts, Initial Jobless Claims, Philadelphia Fed Manufacturing Index (all US)

Ex-dividends to reduce FTSE 100 by: 7.65 points (BAE Systems, Rolls-Royce Holdings, London Stock Exchange Group, Unite Group, Fresnillo, Antofagasta, Weir, Convatec)

“>Fresnillo PLC (LSE:FRES) and Endeavour Mining were among the top FTSE 100 fallers going into the final hour of Thursday trading, with shares down 5% and 3.6% respectively. The declines come as gold prices ease following a sharp rally that has seen the metal gain more than 10% over the past six sessions.

Although the broader outlook for gold remains strong, supported by central bank demand, geopolitical uncertainty and a soft US dollar, the market looks technically stretched. Prices briefly touched 3,300 dollars an ounce, a key resistance level, before pulling back.

Technical analysts suggest a move lower toward 3,200 dollars could be healthy, offering a chance for value investors to re-enter. Despite today’s weakness, the uptrend appears intact. Some traders are now eyeing 3,500 dollars as a medium-term target, although near-term consolidation looks likely as momentum cools.

“>

FTSE 100 2 points lower at 8,273.52
Precious metals stocks lead the fallers
Dow opens in the red
ECB cuts rates to 2.25%

3.49 pm: Fresnillo and Endeavour slide as gold rally stalls

Fresnillo PLC (LSE:FRES) and Endeavour Mining were among the top FTSE 100 fallers going into the final hour of Thursday trading, with shares down 5% and 3.6% respectively. The declines come as gold prices ease following a sharp rally that has seen the metal gain more than 10% over the past six sessions.

2.45 pm: Footsie pares losses as Wall Street opens in the red

The FTSE 100 seemed to gain some confidence from the US fter the open, but how and where is a mystery.

Wall Street kicked off Thursday with a noticeable split in direction, as investors sifted through a fresh wave of corporate earnings and sector swings that sent the major indexes on divergent paths.

The Dow dropped sharply, falling 533 points, or 1.3%, to 39,137. The blue-chip index was dragged down almost singlehandedly by a steep drop in UnitedHealth shares, which were down over 19% at the opening bell.

Meanwhile, the S&P 500 inched higher, gaining 10 points, or 0.2%, to 5,286. The broader market got a lift from two big names: Eli Lilly and Taiwan Semiconductor.

Lilly surged after reporting strong clinical trial results for its weight-loss drug, while TSMC jumped on a massive 60% surge in quarterly profits, driven by relentless demand for AI chips.

The Nasdaq Composite was flat, ticking down just 5 points to 16,302. The tech-heavy index reflected a market trying to find its footing – gains in Eli Lilly and TSMC helped counterbalance losses in other large-cap tech names.

Investors appear to be weighing positive earnings news against ongoing worries about export restrictions and cautious corporate outlooks.

1:20pm: FTSE down 45 points at lunch