June 14, 2023

Volkswagen subsidy to cost Canada $1.8bn more than forecast

Discrepancy comes from how Canadian subsidies may affect the company’s tax treatment compared to American incentives under the Inflation Reduction Act.

June 14, 2023

Hudbay Minerals, Copper Mountain shareholders approve merger

Combined company will become Canada’s third largest copper miner, with an estimated 2023 production of 53,000 tonnes.

June 13, 2023

EV Nickel doubles Shaw Dome resource in Ontario

An updated resource adds more than 24 million tonnes of contained metal.

June 13, 2023

Sprott veteran’s mining finance firm mulls credit advisory arm

A mining-focused investment bank carved out of Sprott Inc. is mulling an expansion into debt advisory.

June 13, 2023

Fireweed names Mactung largest high-grade tungsten deposit in the world

The indicated category, both open pit and underground, contains 41.5 million tonnes grading 0.73 tungsten trioxide.

June 13, 2023

Positive drill results in hunt for more kimberlites at Gahcho Kué

Mountain Province has reported positive drilling results at several targets.

June 13, 2023

Canadian Copper grabs majority stake in Murray Brook VMS deposit in New Brunswick

According to a technical report, Murray Brook represents the 5th largest VMS deposit within the Bathurst camp.

June 13, 2023

CanAlaska to start drilling at Geikie uranium project

The company, which has a 60% stake in the project, will be focused on testing shallow, high-priority targets.

June 13, 2023

Nippon Steel still interested in investing in Teck’s steelmaking coal arm

Glencore on Monday offered to buy Teck's steelmaking coal business as a standalone unit.

June 13, 2023

Almost a quarter of Canada’s GDP exposed to climate risk – study

Study by the University of Waterloo found that as carbon costs rise, assets of $256 billion are at risk of being lost in Canada.