Latest Canada News

Burgundy Diamond Mines reported a net loss of $86.8 million for 2025, reflecting operational challenges including the suspension of Point Lake mining due to adverse tariffs. The company secured $83.4 million in Canadian tariff relief financing to bolster liquidity and restructured its debt amid ongoing market uncertainties.

PainChek Limited reported a half-year loss of AUD 4.7 million but achieved a major regulatory milestone with FDA clearance for its Adult App, unlocking significant US market opportunities. The company also completed a share consolidation and raised capital to support growth.

Strata Investment Holdings plc reported a striking £6.16 million comprehensive profit for 2025, propelled by robust investment portfolio returns and a significant revaluation uplift in its copper royalty assets. Despite operational delays from adverse weather, the company’s strategic focus on high-conviction resource investments and royalties positions it well amid evolving commodity markets.

FIN Resources has completed the acquisition of the Cabin Lake Gold Project in Canada’s Northwest Territories, securing key permits and preparing for a fully funded drilling campaign starting in March 2026.

4DMedical Limited’s half-year report reveals rapid commercial traction following FDA clearance of its CT:VQ™ imaging technology, alongside a $150 million institutional placement that bolsters its cash reserves for global expansion.

Basin Energy has executed a definitive agreement to sell its Marshall Uranium Project to Green Canada Corporation, securing upfront payments and retaining significant future upside through equity and buyback options.

Dataworks Group Limited reported a significant reduction in its half-year loss alongside a major contract extension in Ontario, marking a pivotal shift to positive cash flow.

PointsBet Holdings Limited reports a 4% revenue increase in H1 FY26 following MIXI’s acquisition of a controlling stake, with contrasting performances in Australia and Canada shaping the group’s outlook.

GTN Limited reported a 14.7% revenue decline to $82.5 million and a significant net loss of $40.9 million for the half-year ended December 2025, driven by a $41.5 million impairment charge. The company also announced a $43.9 million return of capital and a strategic exit from aviation operations in Australia and Canada.

IDP Education reported a 6% revenue decline in H1 FY26 but outperformed volume drops through yield improvements, upgrading its full-year EBIT guidance. The company is on track to deliver $25 million in cost savings, driven by operational efficiencies and technology investments.

Critical Resources Limited highlights significant progress in its lithium and gold projects across Canada and New Zealand, alongside pioneering work in next-generation solid-state lithium-ion batteries.

Pivotal Metals is set to commence a 1,500m diamond drilling program at its Belleterre projects in Quebec, targeting multiple new high-grade copper-nickel-PGM-gold zones identified by recent geophysical surveys. Well-funded and strategically positioned, the company aims to expand its resource base in a globally significant mining district.