Canadian mining news
Electra advances financing for North America’s only cobalt sulfate refinery
Electra Battery Materials Corporation welcomed MPs to its cobalt sulfate refinery site in Ontario after the announcement of a conditional contribution from the Government of Canada to support its completion.
Summit Nanotech secures US$25.5 million in funding for lithium extraction technology
Summit Nanotech has successfully closed US$25.5 million in funding led by Evok Innovations, BDC Capital’s Climate Tech Fund, Xora Innovation, and Capricorn Investment Group.
Sitka intersects multiple occurrences of visible gold
Sitka Gold Corp. has completed the first diamond drill hole of its 30 000 m drilling programme planned for this year at its RC Gold Project in Yukon.
Fortuna provides exploration programmes update
Fortuna Mining Corp. provides an update on its exploration programmes at the Séguéla Mine in Côte d’Ivoire.
Fulcrum reports positive study results from Teck Hughes Gold Tailings Project
Fulcrum Metals plc has announced positive results for the Phase 2 high level conceptual study at its Teck Hughes Gold Tailings Project in Ontario, Canada.
Troilus mandates syndicate of global lenders for up to US$700 million
Troilus Gold Corp. has executed a mandate letter with a syndicate of leading global financial institutions to arrange a structured project debt financing package of up to US$700 million.
Epiroc wins large order for battery-electric vehicles
Epiroc AB has won a large order from Hudbay Minerals Inc. for a fleet of battery-electric vehicles to be used at an underground mine in Canada.
CIM CONNECT 2025
The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) are hosting CIM CONNECT 2025 at the Palais des congrès de Montréal from May 4 – 7.
PDAC 2025 draws thousands to Toronto
The Prospectors & Developers Association of Canada (PDAC) proudly celebrated another landmark gathering with PDAC 2025.
Cotec Announces exclusivity and collaboration agreement with Salter Cyclones
CoTec Holdings Corp. has announced the signing of an agreement with Salter Cyclones Limited for the application of its multi-gravity separators technology.