Latest Canada News

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.

PointsBet Holdings Limited has appointed Andrew Catterall as Group CEO effective February 2026, with founder Sam Swanell transitioning to an advisory role while remaining on the Board.

Metals Australia has successfully expanded its Manindi West Vanadium-Titanium-Magnetite (VTM) discovery, confirming mineralisation over a strike length exceeding 1,000 metres and intersecting significant mineralisation in 13 of 14 drill holes. Early metallurgical results show promise for commercially attractive concentrate products, with further assay results pending.

Elixir Energy has partnered with QGC to share 3D seismic data over a key Queensland gas permit, aiming to reduce risks ahead of the Daydream-3 appraisal well. This collaboration highlights the strategic importance of the Taroom Trough in Australia’s gas landscape.

Central Iron Ore Limited has announced a rights offering to raise up to $2.89 million, aiming to support its South Darlot joint venture, advance drilling at British King Mine, and repay a loan to majority shareholder Gullewa Limited.

American Rare Earths has successfully produced mixed rare earth oxides from Halleck Creek ore, marking a pivotal technical breakthrough in its mineral processing program. This achievement advances the project closer to commercial viability amid growing demand for critical minerals.