The Saskatchewan-based company has said it will ramp up potash output capability to 18 million tonnes by 2025, a 40% increase compared to 2020.

The British Columbia project's updated resource estimate incorporates an additional 25,659 metres of core drilling completed in 2020-22 and updated metal recoveries and pricing.

The commissioning of the paste fill plant was completed on November 17.

Highlights included 1.1 g/t gold over 366.7 metres near the surface, including 4.12 g/t over 14 metres and 5.66 g/t over 16 metres.

Canadian business groups have been sounding the alarm over massive tax credits contained in the US Inflation Reduction Act to encourage electric vehicle production.

Bomboré now becomes the 16th mine to go into production in Burkina Faso.

Relentless rise of lithium prices and recent bounce in cobalt and nickel put pressure on electric vehicle manufacturers.

The funds will provide capital for what the company is calling the "most significant" exploration program ever initiated on its projects in northern Canada.