Latest Canadian Mining Sector News

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Li-FT Power has satisfied a critical condition precedent in its proposed acquisition of Winsome Resources, advancing the lithium explorer's path to consolidation. The deal hinges now on shareholder and court approvals.
Maxwell Dee
Maxwell Dee
11 Mar 2026
AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.
Maxwell Dee
Maxwell Dee
13 Feb 2026
Li-FT Power has signed a definitive agreement to acquire Azimut Exploration's 50% interest in the Galinée lithium property, a crucial step enabling its planned takeover of Winsome Resources. This deal strengthens Li-FT's position in Quebec's lithium sector alongside Winsome's flagship Adina project.
Maxwell Dee
Maxwell Dee
29 Dec 2025
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.
Maxwell Dee
Maxwell Dee
19 Dec 2025
Li-FT Power Ltd has announced a strategic acquisition of Winsome Resources Limited and plans to acquire a controlling interest in the Galinée lithium property, aiming to create a leading Canadian lithium developer with enhanced scale and market presence.
Maxwell Dee
Maxwell Dee
15 Dec 2025
Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.
Maxwell Dee
Maxwell Dee
4 Dec 2025
Patriot Resources advances its Gorman Lithium Project in Ontario, securing drill permits and confirming a high-grade lithium system within a proven strategic district.
Maxwell Dee
Maxwell Dee
3 Dec 2025
Prairie Lithium has completed critical groundwork at its Canadian lithium brine project, setting the stage for construction and commercial operations in 2026 amid rising lithium prices.
Maxwell Dee
Maxwell Dee
3 Dec 2025
NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.
Maxwell Dee
Maxwell Dee
2 Dec 2025
White Cliff Minerals has significantly expanded the known mineralisation at its Rae Copper-Silver Project in Canada, revealing new high-grade copper zones and extending the Danvers deposit strike by over 35%.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.
Maxwell Dee
Maxwell Dee
29 Oct 2025
Benz Mining Corp. has completed the acquisition of the remaining 25% interest in its Quebec-based Eastmain Gold Project and Ruby Hill Properties, consolidating full ownership and enhancing its strategic gold portfolio.
Maxwell Dee
Maxwell Dee
28 Oct 2025