Nord Precious Metals Mining Inc. welcomes the Canadian government's proposed Productivity Mega Deduction, which could allow immediate 100% tax deductions on qualifying equipment investments. This proposal supports Nord's ongoing engineering and permitting work for its Gowganda Silver Tailings Project in Ontario, aimed at recovering silver from historic tailings. The tax incentives could reduce the after-tax cost of necessary processing and water system equipment, helping Nord advance its recovery operations and regional processing business. The proposal is still draft legislation, and Nord's benefits depend on final rules, qualifying expenses, and future taxable income. The company continues technical, financing, and permitting efforts to establish commercial silver recovery at Gowganda.
Nord Precious Metals Mining Inc. and its tax proposal context are noted as of Sep 29, 2026 17:41 WIB. For readers following the Basic Materials sector, here is Pluang's market snapshot: of 38 priced US stocks, 23 rose and 14 fell today. Notable movers include Standard Lithium Ltd (SLI) at USD 1.84 with a 1-day change of +0.82% and a typical hold time of 21 days, Lithium Americas Corp (LAC) at USD 2.70 with a 1-day change of +0.75%, and Barrick Gold Corp (B) at USD 41.39 with a 1-day change of +0.73% and 100% buy order activity on Pluang.
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