Latest Canada News

Codrus Minerals advances its diversified exploration portfolio with permitting progress at Bull Run and promising uranium geochemical results at Jasper Wedge, while managing costs amid challenging gold markets.

Terra Uranium Limited has expanded its exploration portfolio by acquiring LCT Metals, adding tin and precious metals projects in New South Wales, while advancing uranium exploration in Canada’s Athabasca Basin through strategic partnerships and drill-ready targets.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.

Vital Metals is nearing completion of a pivotal Scoping Study for its Tardiff deposit in Canada, while spearheading a new Canadian rare earths consortium and securing fresh funding to support its development ambitions.

Lumos Diagnostics reported a 21% quarter-on-quarter revenue increase in Q3 FY25, driven by strong product sales and expanded development agreements. The company also secured Medicare coverage in key US regions and advanced its pivotal FebriDx CLIA waiver study with FDA submission expected by year-end.

BCI Minerals has marked a significant milestone with the commencement of full-scale operations at its Mardie Salt and Sulphate of Potash Project and secured initial drawdowns from a $981 million syndicated debt facility, underscoring strong progress toward first salt shipment by late 2026.

Pivotal Metals has reported a substantial 43% increase in the in-pit copper equivalent resource at its Horden Lake Project, reinforcing its position as a leading high-grade, shallow copper deposit on the ASX. The updated Mineral Resource Estimate highlights strong by-product credits and ongoing exploration upside.

Zinc of Ireland NL advances its strategic footprint with an 80% earn-in at the Mt Clere Project in WA, preparing for imminent drilling, while rationalizing its Irish tenements and exiting Canadian assets.

Ardiden Limited reported limited exploration activities during the March 2025 quarter at its Pickle Lake Gold Project, prioritizing the Eastern Hub for near-term opportunities while maintaining a strong cash position and no debt.

Sayona Mining's March 2025 quarterly report reveals operational setbacks at North American Lithium due to adverse weather and maintenance, yet the company maintains full-year guidance and progresses a transformative merger with Piedmont Lithium.

AuMEGA Metals reported robust progress in Q1 2025, advancing drilling programs, expanding its Bunker Hill project footprint, and appointing a seasoned exploration leader, all while maintaining a strong cash position.

Somerset Minerals Ltd has raised $2.39 million to fund its maiden drilling and surface sampling campaign at the Coppermine copper-silver project in Nunavut, targeting high-grade mineralisation supported by strong geophysical and historical data.