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…
Regulatory Issues
Sheinbaum quickens mining permits even as Mexico faces $1.5B in claims
Mexico’s image as a tough place for mining may show little sign of abating under the Claudia Sheinbaum administration as it increases taxes and faces $1.5 billion (C$2.15 billion) in…
New Gold buys rest of New Afton mine for $300M
Canada’s New Gold (TSX: NGD; NYSE-A: NGD) has agreed to acquire the remaining 19.9% free cash flow interest in the New Afton copper-gold mine from the Ontario Teachers’ Pension Plan for…
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…
Wesdome to acquire Angus Gold in $28M deal
The transaction quadruples Wesdome’s land position at the Eagle River gold operation in Ontario.
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…
PDAC JV video: PDAC pushes for permanent industry tax incentive amid uncertainty
Canada needs an exploration credit ingrained in the tax code, Raymond Goldie, past president of the Prospectors and Developers Association of Canada, says in a new video. Last month, the…
PDAC JV video: SAP and Syntax tackle funding constraints for juniors
A partnership by software companies Syntax and SAP is seeking to help miners shift from manual processes to real-time financial reporting and automated cost tracking. The partnership uses ERP systems…
PDAC JV video: Onyen platform streamlines compliance reporting, CEO says
Under new reporting standards that took effect in January, companies are now required to confirm their sustainability and risk data. Lenders want written proof of these figures, which adds complexity…
TNM Editorial: The price of metals, the value of elections
To help mark 110 years at The Northern Miner, we’ve started a feature each month to include some Blasts from the Past. Take a look at page 39 in the…
China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Gold hits new high as Goldman sees $3,300
Gold soared to a new record on Friday even as Canadian Prime Minister Mark Carney and U.S. President Donald Trump said they’d had a constructive phone conversation a day after…