Latest Canada News

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.

Aston Minerals Limited (ASO) and Torque Metals Limited (TOR) have agreed to merge via court-approved schemes, combining gold resources across Australia and Canada. The merger, recommended by ASO’s board and supported by an independent expert, awaits shareholder and court approval.

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

hummgroup reports a remarkable 119% surge in half-year cash profit, driven by strong asset growth and operational efficiencies, while preparing to launch a new hybrid loan product in Australia.

XRF Scientific has reported record half-year revenue and profit for FY25, driven by robust demand from mining and industrial sectors and strategic acquisitions that bolster its market position.

Rapid Lithium has successfully placed the full $1 million shortfall from its recent entitlement issue, positioning the company to advance exploration projects in Canada and the USA.

G50 Corp has engaged SGS Canada to initiate comprehensive metallurgical testing at its Golconda Project, aiming to refine gallium recovery methods and advance its strategic minerals portfolio.

Biome Australia Limited has reported its first-ever net profit of $433,395 for the half-year ended December 2024, alongside a 47.4% increase in revenue driven by strong sales of its Activated Probiotics.