September 27, 2024

Filo shareholders approve acquisition by BHP, Lundin

BHP and Lundin would acquire Filo and its flagship copper asset for total consideration of approximately C$4.1 billion.

September 26, 2024

Defense Metals, Saskatchewan Research Council team up to strengthen Canada’s REE supply chain

The MOU provides a framework for the parties to leverage their respective capabilities and interests in the supply and processing of rare earth materials.

September 26, 2024

Teck partially shuts British Columbia zinc plant due to fire

The Trail Operations represent one of the world’s largest fully integrated zinc and lead smelting and refining complexes.

September 26, 2024

Miners prefer Canada to overseas: KPMG

Nearly 80% of mining executives are optimistic about the wider industry's five-year growth prospects, up sharply from 62% in 2022.

September 26, 2024

Gatos Silver extends mine life to 2032, boosts output by 36%

Updated mineral reserve for its flagship Cerro Los Gatos mine in Mexico also shows a 28% increase in contained silver ounces.

September 26, 2024

Asante Gold secures $100 million to grow Ghana mines

About 90.7 million shares will be sold at C$1.50 each to a strategic investor, with proceeds to be used at Bibiani and Chirano mines.

September 25, 2024

Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories

Earlier this year, the company told the CBC that "the financial viability and sustainability" of its business are at risk without the Sable underground project.

September 25, 2024

Rare earth recycler Cyclic Materials secures $53m funding from Microsoft, BDC

The Canadian company will deploy the capital to build rare earth recycling infrastructure in the US and Europe.

September 25, 2024

Quebec to become ‘anchor’ for Gold Fields’ diversification strategy, CEO says

Gold Fields' $1.6 billion Osisko Mining buy, set to close before year-end, will help balance the South African company’s aging assets in Ghana and Peru, CEO Mike Fraser says.

September 25, 2024

Military Metals to acquire past-producing antimony mine in Nova Scotia

The West Gore mine was in production from 1882 to 1939.