Latest Canada News

Anteris Technologies posted a $51.7 million loss in H1 2026 amid ramped-up R&D and clinical trial activity, supported by a $320 million capital raise and Medicare reimbursement for its DurAVR heart valve trial.

Infini Resources has confirmed compelling radiometric anomalies and structural targets at its Portland Creek project in Newfoundland while completing maiden drilling at its Saskatchewan projects, setting the stage for a busy 2026 drilling campaign.

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

Lycopodium has secured a A$93 million EPCM contract to expand Artemis Gold’s Blackwater Mine in Canada, boosting the mine’s throughput capacity to one of the largest in the country.

Evolution Mining plans to release its FY26 financial results on 19 August, highlighting 715koz gold and 66kt copper production with robust cash flow and cost metrics.

Dimerix CEO Dr Nina Webster detailed the company’s geographic and product diversification at the Bioshares Summit, spotlighting the commercial potential of DMX-200 and the newly acquired Phase 2 asset DMX-652 targeting acute kidney injury.

Somerset Minerals has unveiled thick zones of high-grade copper-silver mineralisation from its maiden drilling at the Talisker target in Nunavut, confirming a significant blind discovery beneath glacial cover.

Li-FT Power Ltd. has secured a C$20 million bought deal public offering priced at C$2.90 per share, aimed at funding care and maintenance for the Renard option period and general working capital. The deal includes a 15% over-allotment option and anticipates participation from cornerstone investor Avenir Minerals.

Gold Hydrogen has successfully flowed, purified, and bottled helium at its Ramsay 1 well, confirming a highly productive reservoir and advancing the project towards commercial viability with promising helium rates and purity.

Light & Wonder's Q2 2026 sees net income jump 26% to $120 million, driven by strong Gaming and iGaming growth. The company sticks to its 2026 outlook, targeting mid- to high-single-digit EBITDA growth and aims to reduce leverage below 3.0x by mid-2027.

New Frontier Minerals has pinpointed a new untested bedrock conductor at its Harts Range project in the Northern Territory, highlighting a promising copper-nickel exploration target identified through independent geophysical modelling.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.