$SA

Seabridge Gold Inc. (TSX: SEA, NYSE: SA) announced the successful energization of the Treaty Creek Terminal, a key infrastructure component for its KSM Project in British Columbia. The terminal, expected to be operational by November 2026, provides reliable hydroelectric power, reducing costs and carbon footprint. The KSM Project is one of the world's largest undeveloped copper and gold projects, with over $1.2 billion invested so far.

Seabridge Gold (TSX: SEA, NYSE: SA) rejected claims by Indigenous groups opposing its KSM project in British Columbia, citing full consultation during the environmental assessment. The Supreme Court ruled the province failed to consult the Tsetsaut Nation properly, delaying the project. KSM, one of the world's largest undeveloped gold projects, faces further delays due to legal challenges. Seabridge shares have fallen 12% over six months, with the stock trading at $44.98 on Monday, valuing the c

US equities showed mixed after-hours movement. Quantum computing and rare earth stocks rose, with SELLAS (SLS) up 15.37%, IQM (IQMX) up 14.77%, and USA Rare Earth (USAR) up 12.57%. Robinhood (HOOD) gained 13.70%. Crypto miners fell, with Hut 8 (HUT) down 8.79% and Cipher (CIFR) down 8.40%. Alibaba (BABA) dropped 8.57%, and Seabridge Gold (SA) fell 9.35%.

US equities show sharp divergence midday. Robinhood (HOOD) +13.28%, Moderna (MRNA) +12.01%, Hut 8 (HUT) -9.51%, Alibaba (BABA) -7.01%. Other movers include TG Therapeutics (TGTX), USA Rare Earth (USAR), Infleqtion (INFQ), OSI Systems (OSIS), Telix Pharmaceuticals (TLX), Seabridge Gold (SA).

Seabridge Gold (TSX: SEA, NYSE: SA) reports the Gitxsan Government withdrew support for its KSM Project, citing a need for proper consultation with the Tsetsaut Ski km La Ha. The BC Supreme Court ordered further consultation with TSKLH. Seabridge has invested $1.4B in the project, with $515M awarded to Indigenous-affiliated businesses.

Stonegate Capital Partners updated coverage on Seabridge Gold Inc. (NYSE: SA), highlighting the company's 2Q26 progress. The KSM project's development and financing setup were strengthened, with a $100M strategic facility providing funding certainty. The facility is unsecured and no amounts were drawn as of August 13. The company is advancing an earn-in JV with a preferred partner, which could validate KSM and reduce financing risks. Seabridge's valuation gap remains significant, trading at 10%

Seabridge Gold filed its Q2 2026 report on SEDAR+. For the three months ended June 30, 2026, it reported net income of $117.5M ($1.08/share) versus $12.3M ($0.12/share) in 2025, helped by gains from distributing the Courageous Lake project. It invested $32.5M in Q2. Seabridge also arranged a US$100M credit facility at 7% interest, undrawn.

Canada’s TSX Composite fell 62.7 points to 35,212.14 as health-care and resources weighed on the market. Curaleaf dropped 9.1% and Bausch Health fell 1.9%. In tech, Microsoft slid about 1% after job cuts, while Dell rose over 4% after a White House promotion. The TSX Venture fell 1.5%.

Ottawa will contribute C$500M (US$352M) to Newmont’s proposed Red Chris Block Cave, linking mine funding to British Columbia’s North Coast Transmission Line. The deal also includes C$3.9B for BC Hydro’s first two stages. Red Chris needs up to 145 MW; the expansion could add ~14 years of mine life and ~1,800 construction jobs, according to Newmont.

The Province of British Columbia has designated Seabridge Gold's KSM Project as a provincial priority project due to its potential for job creation and significant mineral reserves. This designation will provide dedicated permitting coordination and support, streamlining timelines for one of the world's largest undeveloped copper and gold projects. The project aligns with British Columbia's "Look West" strategy, emphasizing economic security and responsible natural resource development.