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…
Canada
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…
US Antimony says Ontario project holds tungsten resource worth $4.6B
United States Antimony (NYSE-A: UAMY) said a new resource for its Fostung tungsten project in Ontario shows the deposit holds raw metals that would be worth about $4.6 billion (C$6.3…
Opinion: At PDAC, Canada is on the clock
At this year’s annual Prospectors and Developers Association of Canada convention in Toronto, there is more on the line than usual. For the first time in recent memory, the conference,…
Taseko’s Florence mine delivers first new US copper in 17 years
Canada’s Taseko Mines (TSX: TKO; NYSE: TGB) has harvested copper cathodes from its Florence operation in Arizona, marking the first new red metal production from a greenfield project in the…
Hudbay buys Arizona Sonoran for $1.48B
Hudbay Minerals (TSX, NYSE: HBM) said on Monday it will acquire Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) in an all-share deal valued at about $1.48 billion (US$1 billion), creating what…
PDAC: Ring of Fire roads due by 2030, Ford says
Ontario plans to start building all-season roads to the hyped Ring of Fire critical metals hotspot in June for a late 2030 opening target, though it’s not clear that local…
PDAC: Ex-Resolute CEO chills out in Arctic after Mali nightmare
When Terry Holohan was confined for 13 days in Mali by junta officials seeking millions from the company he led, Resolute Mining (ASX, LSE: RSG), he had reason to wonder…
Cameco signs $2.6B uranium supply deal with India
Cameco (TSX: CCO; NYSE: CCJ) signed an estimated $2.6 billion (US$1.9 billion) agreement to supply uranium ore concentrate to India for use in the country’s nuclear reactors. Canadian Prime Minister…
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…
JV Video: Automation rises as drilling faces safety pressure
Exploration drilling remains the foundation of every new mine development, but the operating environment is becoming more demanding. Programs are moving deeper, labour shortages persist and safety expectations – particularly around live work and manual rod handling – are intensifying…