Latest Canada News

AFT Pharmaceuticals secures tentative FDA approval for Scomara cream to treat rare facial tumours but faces a US launch delay due to orphan drug exclusivity. The approval bolsters prospects in other markets where AFT expects competitive advantages.

Telix Pharmaceuticals reported a 21% year-on-year revenue jump to US$247 million in Q2 2026, buoyed by strong Precision Medicine sales and a new Regeneron partnership. The company also secured FDA alignment on a pivotal prostate cancer trial and expanded its manufacturing footprint.

Recharge Metals has expanded its gold exploration footprint near Leonora, Western Australia, by acquiring the Ironstone Well Project, increasing the Prospero Trend strike length by 50%. The company raised nearly $6 million to fund an aggressive 30,000m drilling campaign at Sunset Well and other exploration activities.

Toubani Resources (ASX: TRE) has launched the retail tranche of its fully underwritten A$70 million entitlement offer at A$0.30 per share, following a successful institutional raise, to fund the Kobada Gold Mine’s construction and exploration.

Rumble Resources has uncovered high-grade gold and copper mineralisation at its Munarra Gully project after revisiting historical data, with a standout 13m intercept averaging 21.64 g/t gold including a blistering 1m at 221 g/t.

Hazer Group has completed a key commercial-scale hydrogen process design package with KBR, boosting its readiness for large-scale deployment and expanding its project pipeline across multiple sectors and geographies.

Somerset Minerals has pushed back the closing date for its non-renounceable entitlement offer, giving shareholders until 5 August 2026 to participate in the capital raise aimed at funding its copper exploration projects in Nunavut and Ecuador.

Critical Resources' 2026 field program at Mavis Lake identifies highly fractionated lithium-caesium-tantalum pegmatites in newly acquired northern claims, sharpening drill targets and bolstering its multi-deposit lithium district ambitions.

Alcoa Corporation delivered a record quarterly revenue of $4 billion in Q2 2026, boosted by strong aluminium prices and operational restarts, while advancing a major acquisition of South32’s upstream assets.

Immuron Limited reported a 6% increase in FY26 sales to AUD 7.7 million, driven by strong gains in Canada and the US despite mixed Australian performance. Marketing initiatives and retail expansion underpin growth.

Lincoln Minerals has kicked off air core drilling at its Minbrie Copper Project in South Australia and secured a $3.1 million placement from a strategic investor to fund exploration and follow-up drilling.

Great Bear Exploration is gearing up for a major 2026 field campaign at its vast Great Bear Project in Canada, armed with fresh high-grade assay results and a cutting-edge airborne geophysics survey to refine drill targets.