Latest Canada News

Metals Australia Limited has reported a 3.3-fold increase in its Lac Carheil Graphite project resource, now totaling 50 million tonnes at 10.2% graphite content, while progressing key studies for a battery anode material plant in Quebec.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium assay results from its Central Otavi Project in Namibia, advancing exploration with a $3.54 million capital raise to fund upcoming drilling.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

Pivotal Metals Limited has announced a C$2.6 million flow-through share offer targeting Canadian investors, aimed at funding critical minerals exploration in Quebec. The offer complements a concurrent institutional placement, underscoring the company’s aggressive growth strategy amid significant operational risks.

Patriot Resources has validated high-grade copper mineralisation at its Kitumba project in Zambia and discontinued its Sugarloaf option, refocusing capital on core assets while planning 2026 drilling backed by ongoing capital raise talks.

Corazon Mining has made a decisive pivot to high-grade gold exploration in Western Australia, acquiring the Two Pools Gold Project and securing an option on Feather Cap, backed by a A$2 million capital raise.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.

Viridis Mining and Minerals has delivered a landmark Pre-Feasibility Study for its Colossus Rare Earth Project, confirming robust economics and securing key strategic funding and land expansions in Brazil.

Spacetalk Ltd reports robust 28% growth in active mobile subscribers and a 20% rise in annual recurring revenue, fueled by strategic international expansion and a forthcoming software-led platform upgrade.

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

FIN Resources Limited has executed a binding agreement to acquire the fully permitted, high-grade Cabin Lake Gold Project in Canada’s Northwest Territories, setting the stage for immediate exploration and resource growth.

Energy Transition Minerals’ arbitration over the Kvanefjeld rare earths project sees a key ruling that splits jurisdiction between courts and arbitration, setting the stage for renewed legal and operational developments.