Latest Canada News

Cygnus Metals has reported significant drilling results at its Copper Rand and Gwillim prospects in Quebec, highlighting potential resource growth near a historic mine and confirming gold mineralisation across all Gwillim holes.

St Barbara Limited's FY26 statutory profit surged to A$490 million, driven by a A$500 million gain from deconsolidating New Simberi Gold after Lingbao's strategic investment. The company declared a fully franked dividend and is weighing a significant share buy-back while advancing key gold projects.

Elevra Lithium posted a $44 million profit in FY26 after merging Sayona Mining and Piedmont Lithium, overcoming temporary mining challenges and securing full funding for the North American Lithium expansion.

Rua Bioscience's FY26 results highlight a 71% surge in customer revenue driven by international expansion, yet the company continues to face significant losses and going concern risks.

Argo Global Listed Infrastructure (ASX: ALI) reported a robust FY2026 with total assets rising to $529 million and a record fully franked dividend of 10 cents per share. The portfolio outperformed benchmarks, driven by strong gains in electric utilities and midstream energy sectors amid AI-driven data centre demand.

Jumbo Interactive has delivered a record FY26 underlying EBITDA of $85.2 million, driven by strong Australian lottery retailing and international B2C growth. The company maintains a robust balance sheet and outlines ambitious FY27 targets amid ongoing integration of UK and US acquisitions.

Clinuvel Pharmaceuticals marked its tenth consecutive profit with stable revenues and rising cash reserves, while accelerating U.S. expansion including a Nasdaq uplisting and potential ASX delisting.

Redox Limited posted a strong FY26 with record revenue of $1.33 billion, a 19.2% jump in statutory net profit, and a 4% dividend increase, while announcing a board leadership transition.

Renegade Exploration has boosted and prolonged its loan facility to $2 million, using shares from its recent Carpentaria JV sale as additional security to support ongoing exploration.

Bathurst Resources delivered a consolidated EBITDA of NZD 44.7 million for FY26, reaching the top of its guidance despite a challenging start to the year for export coal prices. The company advanced key growth projects in New Zealand and Canada while maintaining a robust cash position.

Kalina Power (ASX:KPO) swung to a AUD 15.8 million net profit in FY2026, driven by a CAD 18 million sale of megawatt allocation, lifting its balance sheet and cash reserves sharply.

FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.