Latest Canada News

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Bastion Minerals has appointed Allister Caird as CEO and Dr Julian Stephens as Chief of Exploration and Strategy, signaling a strategic push to advance its Canadian copper projects with seasoned leadership.

Ansell Limited has delivered a robust first half for FY25, reporting a near 30% increase in revenue and a remarkable 183.5% jump in net profit, driven by strong segment growth and strategic acquisition integration.

Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.

Cygnus Metals has secured conditional approval for up to C$1.3 million from Canada’s Critical Minerals Infrastructure Fund to support key pre-construction milestones at its Chibougamau Copper-Gold Project, marking a significant step towards feasibility and infrastructure development.

PARKD has inked a pivotal five-year exclusive licensing agreement with Fielders, a BlueScope Steel division, to commercialise its innovative MDSB® and MDSS® products in Australia and explore international expansion.

Neuren Pharmaceuticals has secured a pivotal FDA Type C Meeting to discuss primary efficacy endpoints for its Phase 3 trial of NNZ-2591 targeting Phelan-McDermid syndrome, advancing its rare disease drug development.

Terra Uranium has laid out a comprehensive 2025 exploration strategy targeting multiple projects in the Athabasca Basin, leveraging partnerships and advanced geophysics to accelerate uranium discovery efforts.

Arizona Lithium has unveiled a detailed, phased development plan for its Prairie Lithium Project, aiming to become North America’s first commercial lithium brine producer. The company targets initial production in 2025 with a modest capital outlay and scalable expansion strategy.

Winsome Resources has announced a significant new high-grade spodumene pegmatite discovery at its Sirmac-Clapier Project in Quebec, featuring lithium grades up to 3.0% Li2O alongside notable cesium and tantalum mineralization.

Infini Resources has successfully raised AUD$3.4 million through a flow-through share placement at a significant premium, positioning the company to aggressively advance exploration at its Portland Creek Uranium Project in Newfoundland.

Loyal Lithium unveils a strategic pivot to broaden its North American lithium and battery technology portfolio, leveraging new US energy policies and $5.5 million in funding to capitalize on the continent’s evolving energy grid demands.