Latest Canada News

Regis Resources has established a $300 million revolving credit facility, replacing its previous term loan to enhance financial flexibility and liquidity amid a strong banking syndicate backing.

Firetail Resources has reported significant high-grade drill intercepts at its Skyline Copper Project in Newfoundland, confirming mineralisation continuity and expanding the strike at depth. The company is advancing exploration with a planned high-resolution 3DIP geophysical survey targeting new zones.

ResMed Inc. reported robust financial results for the quarter ended December 31, 2024, with a 10% increase in net revenue and a 65% jump in net income, driven by strong demand across its Sleep and Breathing Health and Residential Care Software segments.

Fisher & Paykel Healthcare anticipates increased costs from newly imposed US tariffs on imports from Mexico and China, potentially delaying its gross margin recovery timeline but expects no immediate profit impact for FY2025.

Redstone Resources is gearing up for a pivotal drilling campaign at its 100%-owned West Musgrave Copper Project in Western Australia, backed by a $220,000 government grant and strong historical copper grades.

Arizona Lithium Limited has secured $11 million through a strategic land sale, cleared Pad #3 for lithium production, and completed key drilling activities, while a court injunction temporarily halts exploration at its Big Sandy project.

Infini Resources reports extraordinary high-grade uranium soil assays at its Portland Creek project in Newfoundland, with a peak result of 7.5% U3O8, and announces approval for a maiden diamond drilling program targeting a new discovery.

Noronex Limited reports compelling initial drilling results at its Fiesta Project, revealing significant copper and silver mineralisation, while advancing exploration across the Kalahari Copper Belt with South32 funding.

Aston Minerals and Torque Metals have agreed to merge, creating a well-funded gold exploration company with 1.75 million ounces of gold resources and over $5 million in cash to accelerate growth in Western Australia and Canada.

Riversgold Ltd has submitted a Mining Lease application for its Northern Zone Gold Project near Kalgoorlie and reported outstanding high-grade rock chip results from its Saint John Copper Gold Silver Antimony Project in New Brunswick, Canada.

EMU NL has made significant strides in its Yataga Copper Project exploration, completing key geochemical and geophysical surveys and securing $1.5 million through a share placement. The company is poised to identify high-priority drill targets in the first half of 2025.

Advanced Health Intelligence Ltd (AHI) has secured USD 4 million in convertible debt funding and launched two new commercial partnerships in Canada and the UK, marking significant progress despite its ongoing ASX trading suspension.