Canada Refuses to Rule Out Military Role in Iran War as Conflict Enters Sixth Day
Canadian Prime Minister Mark Carney declined Thursday to categorically exclude Canada from military participation in the expanding war between the United States, Israel, and Iran, as the conflict entered its sixth day and showed no sign of slowing. Speaking alongside Australian Prime Minister Anthony Albanese at a joint press conference in Canberra, Carney left the […]
New Found Gold Secures US$75M Loan Facility to Accelerate Queensway Project
New Found Gold Corp. (TSXV: NFG) has taken a significant step toward production by entering into a non-binding term sheet for a US$75 million loan facility with Nebari Natural Resources Credit Fund II, LP. The funding is earmarked to advance the company’s flagship Queensway Gold Project in Newfoundland and Labrador. The senior secured debenture will […]
DRC Coltan Mine Collapse Kills 200, Cause Debated
A deadly collapse at the Rubaya coltan mine in eastern Democratic Republic of the Congo has killed more than 200 people, according to the DRC Ministry of Mines, after heavy rains triggered a landslide at the site. The ministry said on Wednesday that about 70 children were among the dead, and that injured survivors were […]
Green Canada Locks Marshall Uranium Deal As MAACKK Reverse Takeover Nears
Green Canada Corporation and MAACKK Capital have moved forward with a proposed reverse takeover that would combine a public-market listing transaction with the acquisition of a uranium project in Saskatchewan’s Athabasca Basin. The companies said they have entered into a business combination agreement under which MAACKK would be acquired by Green Canada’s securityholders in a […]
Churchill Port Signs Antwerp-Bruges Partnership For Trade, Pushes For New Cargo Routes
The operator of the Port of Churchill has signed a development and trade partnership with the Port of Antwerp-Bruges, giving the northern Manitoba facility a major European partner as it pursues a multibillion-dollar expansion plan that remains at an early stage. Under the agreement, Arctic Gateway Group, which operates both the Port of Churchill and […]
Revival Gold Reports 4.2 g/t Over 25 Meters At Mercur
Revival Gold’s (TSXV: RVG) latest 2025 drill results from the Mercur Gold Project in Utah point to a stronger grade profile in both new and established target areas as the company advances toward a planned Q1 2027 prefeasibility study. The company reported assays from an additional 18 drill holes, bringing released holes from the 2025 […]
George Weston Sees Q4 2025 Profit Drop Despite Sales Growth
George Weston Limited (TSX: WN) reported a Q4 2025 revenue of $16.54 billion, up from last year’s $14.87 billion. On a full-year basis, revenue rose to $64.51 billion from $60.72 billion. However, net earnings for the quarter fell to $280.0 million from $664.0 million. The main drag was the year-over-year change in the fair value […]
Gas Shutoffs Cascade as US-Israel Strikes on Iran Spark Energy Crisis
A chain of natural gas shutoffs is spreading across the Middle East after the United States and Israel launched coordinated strikes on Iran on February 28, triggering retaliatory attacks that have damaged energy infrastructure across at least four countries and sent global fuel prices surging. Israel shut down its Leviathan and Karish gas fields as […]
SSR Mining To Sell Çöpler Mine Stake For $1.5B Cash
SSR Mining has agreed to sell its 80% ownership in the Çöpler mine and related properties in Türkiye to Cengiz Holding for $1.5 billion in cash. The full purchase price is payable in cash at closing, structuring the transaction as an all-cash sale with no staged earnout or deferred consideration disclosed, except a $100 million […]
Bay du Nord Deal Reopens $14B Newfoundland Offshore Project
Newfoundland and Labrador has signed an agreement with Equinor and BP that moves Bay du Nord toward construction and production, reviving a project Premier Tony Wakeham framed as a return to active offshore oil and gas expansion after years of delay. The project carries a stated potential $14 billion investment by Equinor and BP and […]