Latest Canada News

Burgundy Diamond Mines' subsidiary Arctic Canadian Diamond Company has secured a C$115 million senior secured loan from Canada's LETL facility to support operations amid US tariffs impacting diamond markets. The funding enables continued development and operational restructuring at the Ekati mine.

Metals Australia reports highly anomalous copper, cobalt, zinc, and bismuth geochemical results from initial drilling at Warrego East, Northern Territory, suggesting potential for deeper Tennant Creek-style copper-gold deposits.

Credit Clear Limited has agreed to acquire DTS, a SaaS collections business with a 35-year history, for A$7.75 million, enhancing its digital platform and global footprint. The deal is expected to be earnings accretive and unlock new growth opportunities across multiple international markets.

Orthocell has reached a significant milestone with 100 units of its nerve repair product Remplir™ sold in the US, signaling accelerating adoption in a $1.6 billion market. The company’s strategic medical education and distributor network are driving momentum ahead of further hospital approvals.

IDP Education has updated its revenue recognition policy to recognise Student Placement revenue at census date across all jurisdictions, leading to restated FY25 financials and reaffirmed FY26 guidance.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Telix Pharmaceuticals confirms completion of Part 1 enrolment in its ProstACT Phase 3 trial for prostate cancer, with safety data supporting progression to Part 2 and regulatory approvals secured across multiple countries.

Humm Group has received a shareholder notice to remove key directors alongside a non-binding acquisition proposal from Credit Corp, signaling potential major changes ahead.

Rapid Critical Metals has announced the discovery of a new parallel silver lode at its Webbs Silver Project in northern New South Wales, following a 2,000-metre diamond drilling program. Early results reveal strong silver mineralisation, opening promising avenues for resource expansion.

GrainCorp announces the sale of its Canadian joint venture GrainsConnect to Parrish & Heimbecker for C$150 million, alongside a trading update revealing lower expected grain receivals in Australia’s 2025-26 winter harvest.

Lincoln Minerals has entered a collaboration with SCN Canada to explore the use of its high-purity graphite in small modular nuclear reactors, aiming to tap into emerging clean energy markets.

White Cliff Minerals expands its Rae Copper Project in Nunavut with 1.75km of confirmed sedimentary copper mineralisation and identifies promising new geophysical anomalies for future drilling.