Latest Canada News

Highfield Resources faces a setback as China Minmetals and its subsidiary withdraw from a key strategic investment, triggering the maturity of convertible notes and raising questions about the future financing of the Muga potash project.

Michael Hill International has appointed Jonathan Waecker as its new CEO, bringing a wealth of global retail and digital expertise to steer the company’s transformation starting August 2025.

Somerset Minerals (ASX – SMM) is advancing its Coppermine Project in Canada with promising maiden drill results and a $4 million placement to fund expanded exploration.

Somerset Minerals has raised $4 million to fund an aggressive Phase Two exploration campaign at its Coppermine copper project in Nunavut, aiming to build on strong initial drilling results and unlock multiple new discoveries across a vast landholding.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Resouro Strategic Metals reports strong assay results from 18 auger drill holes at its Tiros Northern Block in Brazil, confirming significant near-surface titanium and rare earth mineralization. These findings complement the company’s existing resource base and support ongoing development efforts at the adjacent Central Block.

Dundee Precious Metals Inc. shareholders have overwhelmingly approved a key resolution and a corporate name change, clearing a major hurdle in their recommended acquisition of Adriatic Metals Plc. This milestone sets the stage for the final court sanction and subsequent integration steps.

G50 Corp’s latest drilling results confirm a substantial polymetallic gold-silver-zinc deposit spanning 700 meters in Arizona, with promising gallium mineralization that could bolster strategic metal supply.

White Cliff Minerals has announced a significant discovery of sediment-hosted copper mineralisation at its Rae Copper Project in Nunavut, Canada, alongside semi-massive sulphide veining. The company has also expanded its land holdings, reinforcing its position in this emerging copper district.

Burgundy Diamond Mines has released an updated Life of Mine plan for its Ekati Diamond Mine, extending operations through 2040 with robust economics from the Fox Underground Project. The update includes revised resource and reserve estimates and a deferred Point Lake open pit mining schedule.

Battery Age Minerals has confirmed significant concentrations of rubidium, caesium, tantalum, and gallium alongside strong lithium grades at its Falcon Lake project, highlighting substantial exploration upside.