Ontario’s $11B in tariff aid defers mining tax
Ontario plans to provide about $11 billion in relief to workers and businesses to help weather the impact of U.S. tariffs. The support package includes deferring business taxes, including the mining…
Financing
PDAC video: McKinsey warns of $5T critical minerals capital need
Critical mineral miners will need about $5 trillion in investments by 2035 to meet projected demand, McKinsey & Co. senior partner Patrick Lahaie said in a video interview. The figure…
PDAC video: Kazakhstan keen to draw Canadian miners
Kazakhstan is counting on its estimated US$40 trillion mineral wealth to spark a mining boom, Astana International Financial Centre (AIFC) governor Renat Bekturov says. To attract investors, state-backed AIFC is…
Is this when Chile’s lithium wager pays off?
Two years after President Gabriel Boric pushed to develop Chile’s lithium potential, the initiative could soon start to bear fruit. The government is expected to announce four deals this year…
Diversify trade to survive tariffs, O’Toole says
Canada must respond to U.S. tariffs by finding new European trade partners in defence, the energy transition and green technology, according to the former head of the country’s Conservative Party….
Crater Lake’s scandium resource boosted 38%
Scandium Canada (TSXV: SCD) said new data show a 38% increase in indicated resources at its Crater Lake project in northern Quebec. Indicated resources in Crater Lake’s TG zone are…
PDAC JV video: Power Metallic adds drills to expand Nisk, CEO says
Power Metallic (TSXV: PNPN; OTCBB: PNPNF), previously known as Power Nickel, raised $50 million in February to support exploration at its Nisk project in northwestern Quebec, CEO Terry Lynch says….
Peru’s Alpayana boosts hostile bid for Sierra by 31%
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…
Ukraine mineral reserves likely too small to spur foreign miner rush: report
Persistent security concerns and widespread skepticism over the size of Ukraine’s mineral reserves mean Western resource investment in the country is unlikely to take off anytime soon even if a…
Argentina’s economic rock star Milei attracts mining
Argentine President Javier Milei, who took office two years ago in a chainsaw-wielding campaign against big government, has slashed inflation by nearly two-thirds after gutting public spending and halting money…
Collective to expand 2025 Colombia drill program
Canadian explorer Collective Mining (TSX, NYSE: CNL) said it will expand drilling in Colombia this year while speeding up various studies in a bid to secure permits faster. The revised…
Funding propels Fortune closer to NWT bismuth decision
Cross-border government aid is helping Canada’s Fortune Minerals (TSX: FT) approach a construction decision next year on its main Nico cobalt-gold-bismuth-copper deposit in the Northwest Territories. Fortune secured grants last…