PDAC: Ottawa details $1.5B road, power fund
Canada officially launched on Tuesday a $1.5-billion First and Last Mile infrastructure fund that had been outlined in November’s federal budget to get metals from mines to markets. The earmarked…
Financing
PDAC: Ontario shifts metals strategy to defence as EVs stall, mining minister says
Ontario is pivoting from battery plant construction in its critical minerals strategy while it adds high-grade iron ore and aluminum to its list of important outputs. The previous strategy focused…
PDAC Podcast Day 2: US Dept of Energy’s Robertson, UK Deputy High Commissioner Prodger and more…
This episode marks the Northern Miner Podcast’s second day of coverage from the Prospectors & Developers Association of Canada (PDAC) conference in Toronto. Host Adrian Pocobelli sits down with U.S….
PDAC: Canada must build processing now, panelists say
Canada has a historic opportunity to build new processing facilities in the country as modern mines get developed amid a global resource boom, attendees were told at the Prospectors and…
PDAC: Ottawa sprinkles cash across 30 projects
Canada announced as much as $17 million each for 30 mining projects on Monday as another round of support linked to a Group of Seven critical minerals initiative. The funding…
Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…
QazMoly nears $240M US funding for tungsten project in Kazakhstan
Kazakh company QazMoly said it could get as much as $240 million (C$328 million) in United States funding to develop its Drozhilov project in Kazakhstan if a deal can be…
MP Materials builds $1.25B Texas magnet plant
MP Materials (NYSE: MP) is due to break ground within days on a billion-dollar rare earth magnet manufacturing campus near Dallas. The $1.25-billion project, dubbed 10X, is expected to “dramatically…
Panama growth hinges on Cobre Panama restart: report
Panama’s economy grew 4% in 2025, and business leaders say reopening First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine is critical to lifting growth to as much as 6%…
Hycroft Mining extends climb on Sprott share buy
Hycroft Mining Holding (Nasdaq: HYMC) soared for a second straight day Wednesday after a securities filing revealed that Canadian billionaire Eric Sprott has continued to buy the stock despite its…
Quick payback seen for Yukon’s Coffee gold project
Newmont (NYSE: NEM)-backed developer Fuerte Metals (TSXV: FMT; US-OTC: FUEMF) says it would need barely a year at current gold prices to recoup the C$983 million ($718 million) initial capital…
Andes Iron’s $2.5B Chile project hits fresh snag
A Chilean court of appeals has overturned a favourable court ruling in the long-running dispute over Andes Iron’s $2.5-billion Dominga iron ore and copper project, effectively sending the development back…