• Ministerial Statement: Minister Parrott Recognizes Opening of Equinox Gold’s Valentine Gold Mine

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-29 16:15:13.0
  Tags: [Newfoundland and Labrador, Mining, Resources, Economy, Industry, Energy]

  Newfoundland and Labrador Minister of Energy and Mines Lloyd Parrott announced the official opening and commercial production of Equinox Gold's Valentine Gold Mine in Central Newfoundland. Equinox Gold plans to invest $436 million over the next two years for a Phase 2 expansion to double its throughput capacity, raising average annual gold production to approximately 223,000 ounces across its 320-square-kilometre property.

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• Canada-EU summit will kick off formal talks on closer ties: Carney

  Source: Global News Politics
  Date: 2026-10-27 17:05:20.0
  Tags: [National, Trade, Economy, Labour, Resources, Mining]

  Prime Minister Mark Carney is meeting with European Union President Ursula von der Leyen and other EU officials in Montreal for a summit launching formal negotiations on an enhanced alliance and deeper partnership over the next year. The talks follow the 10th anniversary of the Comprehensive Economic and Trade Agreement (CETA) and encompass specialized labour mobility, potential Canadian participation in the Erasmus+ student exchange program, and critical minerals collaboration to reduce reliance on China. Additionally, the European Investment Bank has applied for an exemption from Canadian foreign banking rules to operate domestically as part of the critical minerals framework.

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• New Brunswick signs deal for Canadian firm to explore old antimony mine

  Source: New Brunswick - Regional News
  Date: 2026-10-27 16:53:35.0
  Tags: [New Brunswick, Mining, Resources, Industry, Economy]

  The New Brunswick government has signed an exclusive exploration agreement granting Toronto-based Avenir Minerals 30 months to study the potential for reopening the former Lake George antimony mine southwest of Fredericton. The historic site, which operated intermittently from 1876 to 1996, was one of North America's largest producers of antimony, a critical mineral used in flame retardants, solar panels, lead-acid batteries, infrared missiles, nuclear weapons, and night vision goggles. Avenir Minerals CEO Alden Greenhouse stated that the exploration process will involve drilling and consultations with First Nations. This initiative follows a similar exploration deal announced by the province with U.S.-based Regeneration Enterprises for an abandoned mine site in northern New Brunswick as part of the provincial Liberal government's efforts to rejuvenate the mining industry.

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• 'Ideal outcome,' minister says as Yukon's Eagle gold mine set to be sold for $140M

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-22 20:34:22.0
  Tags: [National, Mining, Resources, Environment, Economy]

  Singapore-based Boroo Pte. Ltd. has signed an agreement with the mine's receiver, PricewaterhouseCoopers, to acquire the troubled Eagle gold mine in central Yukon for $140 million and committed to spending $1.5 billion to restart operations and perform cleanup work. The transaction follows a disastrous heap leach facility failure at the site owned by Victoria Gold Corp. in 2024 that spilled toxic cyanide into the environment and triggered intensive remediation efforts partially funded by a $220 million loan from the Yukon government. Subject to court approval expected by the end of the year, Boroo will pay $40 million in upfront cash, take over all remediation and site stabilization work from 2027 to 2029, and fully repay the territorial government for its emergency cleanup expenses.

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• Effort to restart Con Mine discussed at Yellowknife town hall

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-22 16:17:16.0
  Tags: [National, Mining, Resources, Environment, Economy]

  Gold Terra Resource Corp. CEO Gerald Panneton hosted a town hall in Yellowknife to discuss aggressive timelines for restarting gold mining operations at the historic Con Mine site, driven by gold prices exceeding $4,000 USD per ounce. The company aims to secure a permit by 2027, followed by 12 to 16 months of construction, targeting a production threshold of 1 million ounces to support a mine life exceeding 20 years. Public concerns raised at the event focused on localized impacts, including energy consumption via liquefied natural gas, workforce housing, arsenic pollution legacy risks, and exploratory drilling at Tin Can Hill and Walsh Lake.

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• Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

  Source: Ontario - Premier's Office
  Date: 2026-10-21 19:30:00.0
  Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]

  The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.

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• Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

  Source: Ontario - Premier's Office
  Date: 2026-10-21 19:00:00.0
  Tags: [National, Ontario, Economy, Trade, Labour, Industry, Mining, Infrastructure]

  Ontario Premier Doug Ford and Prime Minister Mark Carney announced an $8.7 billion joint action plan to protect workers and industries from U.S. tariffs and global uncertainty. The initiative establishes a $5.22 billion Joint Steel Action Fund ($3.55 billion federal, $1.67 billion provincial), a $2.5 billion automotive manufacturing capital upgrade fund ($1.5 billion federal, $1.0 billion provincial), and a $1 billion federal matching investment for road infrastructure in Northern Ontario's Ring of Fire region. Furthermore, the plan creates bilateral task forces for steel, automotive, and critical minerals, implements tighter trade remedies through the Canada Border Services Agency, and leverages Buy Canadian and Buy Ontario procurement policies.

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• Judge orders court-appointed officers to lead sale of Baffinland's assets

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-16 19:31:21.0
  Tags: [National, Mining, Economy, Resources, Justice]

  An Ontario Superior Court judge ruled that independent, court-appointed officers will lead the sale of debt-stricken Baffinland Iron Mines Corporation's assets, siding with lenders and federal agencies such as Export Development Canada over the company's shareholders. Baffinland, which operates the Mary River Iron Mine on North Baffin Island in Nunavut, accumulated $2.6 billion in debt and sought creditor protection while facing potential closure. The mine represents a critical economic anchor for the territory, employing 1,200 workers and accounting for approximately 25 percent of Nunavut's GDP.

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• N.W.T. industry minister makes case for new federal mining incentives

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-15 10:00:00.0
  Tags: [National, Mining, Resources, Taxation, Industry, Economy]

  Northwest Territories Minister of Industry, Tourism and Investment Caitlin Cleveland lobbied the federal government in Ottawa to enact two new mining incentives: a 15 per cent stackable North of 60 Mineral Exploration Tax Credit for the three northern territories, and the inclusion of zinc as an eligible mineral under the 30 per cent clean technology manufacturing investment tax credit. Cleveland and N.W.T. and Nunavut Chamber of Mines CEO Paul Hébert argued these credits are essential to counter stiff global competition and revive northern mining activity amid closing diamond mines. Proponents of the PC Silver and Pine Point mines indicated that adding zinc to the clean technology tax credit would unlock projects capable of generating 1,000 construction jobs and 600 operational positions.

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• Provinces call on Ottawa to expand mining credit

  Source: Global News Politics
  Date: 2026-10-10 12:17:12.0
  Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]

  Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.

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• Sale of Baffinland's assets should be run by an independent officer, feds argue

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-09 21:52:54.0
  Tags: [National, Economy, Mining, Resources, Justice]

  Federal government lawyers, representing Export Development Canada (EDC) over a $660-million loan, argued in the Ontario Superior Court that an independent, court-appointed officer should oversee the asset sale of Baffinland Iron Mines Corp. to avoid conflicts of interest. Baffinland, which owns the Mary River Iron Mine on northern Baffin Island and employs over 1,200 workers, has been under creditor protection since May while owing $2.6 billion to 231 creditors. Baffinland's legal representation opposed the move as unprecedented and accused EDC of attempting to rewrite contract terms, leaving Ontario Superior Court Judge Jana Steele to reserve her decision in writing for a later date.

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• Sale of Baffinland's assets should be run by an independent officer, feds argues

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-09 21:52:54.0
  Tags: [National, Mining, Resources, Economy, Finance, Justice]

  Federal government lawyers and Export Development Canada (EDC) are arguing in the Ontario Superior Court that an independent, court-appointed officer should oversee the asset sale process for Baffinland Iron Mines Corp. Baffinland, which operates the Mary River Iron Mine on northern Baffin Island and employs over 1,200 workers, entered creditor protection in May owing $2.6 billion to 231 creditors and previously secured a $660-million loan from EDC to stay operational. EDC's legal representation argues that Baffinland's current operating committee faces conflicts of interest due to personal financial stakes, whereas Baffinland's counsel opposes the measure as an unprecedented attempt to rewrite contractual terms. Ontario Superior Court Judge Jana Steele has reserved her decision to be delivered in writing at a later date.

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• Baffinland asks judge to allow sale of assets to avoid mine closure

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-05 20:07:08.0
  Tags: [National, Mining, Economy, Resources, Labour, Indigenous]

  Debt-stricken Baffinland Iron Mines Corp. has asked the Ontario Superior Court of Justice to approve the sale of its shares, assets, or the Mary River Mine on northern Baffin Island to prevent liquidation and mine closure. As of May 14, the company owed $2.6 billion to 231 creditors—including a dozen northern businesses and organizations—following creditor protection granted in May and a subsequent $660-million loan from federal Export Development Canada. The company's financial crisis was partly driven by spending more than $1.5 billion on its failed Phase 2 railway expansion proposal, which was rejected by the federal government after opposition from north Baffin communities. The potential liquidation threatens the loss of over 1,200 jobs at one of Nunavut's largest private sector employers, with a court appearance scheduled before an Ontario judge.

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• Yukon premier touts 'improved fiscal picture' in territory with budget update

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-05 11:00:00.0
  Tags: [National, Finance, Economy, Infrastructure, Mining, Affordability]

  Yukon Premier and Finance Minister Currie Dixon tabled the Yukon Legislative Assembly's fall economic update and a partial capital plan for 2027, projecting a revised budget deficit of $53.7 million—down from the previously predicted $82 million. Forecasted revenues increased by $23.8 million due to higher federal transfers, taxes, and resource royalties, while projected expenditures dropped by $4.2 million, and net debt is now expected to reach $776.2 million by year-end. The 2027 capital spending plan allocates $138.8 million for the upcoming construction season, targeting projects such as the North Klondike Highway, the Shakwak corridor, the Whitehorse hospital expansion, and housing in Burwash Landing, Mayo, and Teslin. Simultaneously, the territory's economic update projects slower real GDP growth driven by lower production at the Keno Hill mine and placer gold operations, alongside elevated local inflation expected to average 4.6 per cent in 2026 due to higher shelter costs, electricity prices, and a greater reliance on heating oil.

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• Mountain Province Diamonds announces exit from N.W.T.'s Gahcho Kué mine

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-01 20:24:25.0
  Tags: [National, Mining, Resources, Economy, Industry]

  Toronto-based Mountain Province Diamonds announced it is relinquishing its 49 per cent ownership share in the Gahcho Kué diamond mine in the Northwest Territories, transferring full control to De Beers Canada. The restructuring agreement releases Mountain Province from all financial obligations and liabilities related to the mine while retaining an option to regain a future ownership stake. The exit follows a material decline in global diamond prices driven by tariff-related uncertainty and Middle East conflicts, which led Mountain Province to voluntarily delist from the Toronto Stock Exchange. Gahcho Kué remains the Northwest Territories' last operating diamond mine following the earlier closures of Rio Tinto's Diavik mine and the Ekati mine, with a planned closure timeline set for 2028.

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• Export Development Canada is opening 3 new offices in Europe

  Source: Global News Politics
  Date: 2026-10-01 17:05:22.0
  Tags: [National, Trade, Economy, Industry, Energy, Mining]

  Export Development Canada (EDC) is opening three new European offices in France, Sweden, and Poland to expand Canadian trade ties amid ongoing trade disputes and fractured relations with the United States under Prime Minister Mark Carney's non-U.S. export strategy. EDC projects Canadian exports to Europe could exceed US$104 billion in goods and US$41 billion in services by 2035, building on growth from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) and upcoming bilateral partnership pacts involving critical minerals and energy cooperation.

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• Atlantic business leaders call for regional policies and more natural resource development

  Source: Prince Edward Island - Regional News
  Date: 2026-09-25 21:34:13.0
  Tags: [New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Economy, Trade, Energy, Resources, Mining, Industry]

  The Atlantic Economic Panel, chaired by Don Mills and commissioned by federal Atlantic Canada Opportunities Agency (ACOA) Minister Sean Fraser, released a strategic growth plan calling for the creation of a $1 billion Atlantic prosperity fund to help regional companies scale up. The report recommends greater regional integration, including the establishment of an independent electricity system operator across the four Atlantic provinces, the elimination of interprovincial trade barriers, coordinated immigration policies, and streamlined regulatory processes for major projects. Furthermore, the plan urges a 50 per cent expansion of the region's natural resources sector, bolstered by recent provincial policy shifts such as Nova Scotia lifting bans on fracking and uranium mining and approving five new mines.

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• The ins and outs of the Yukon's biggest proposed mine

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-09-23 12:00:00.0
  Tags: [National, Mining, Resources, Environment, Indigenous, Economy]

  Western Copper and Gold and the Casino Mining Corporation are proposing the Casino mine project in the Yukon, located between Carmacks and Dawson City, with an estimated 27-year lifespan to extract approximately 4.27 billion pounds of copper, 346 million pounds of molybdenum, alongside gold and silver deposits. The project is projected to create up to 1,400 construction jobs, 700 operational jobs, and contribute roughly $1.3 billion annually to the Yukon economy while generating 25 of the 34 critical minerals designated by Ottawa. However, the project faces major regulatory scrutiny, undergoing its first-ever panel review by the Yukon Environmental and Socio-Economic Assessment Board (YESAB) due to concerns from First Nations and conservation groups over impacts on the Klaza caribou herd, fish, wildlife habitats across five First Nation territories, and risks associated with tailings dams and heap leaching.

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• Trump to speak at UN General Assembly amid trade war and tariff threats

  Source: Global News Politics
  Date: 2026-09-22 13:52:35.0
  Tags: [National, Trade, Economy, Resources, Mining, Governance]

  Prime Minister Mark Carney is attending the 81st Session of the United Nations General Assembly amid escalating trade tensions and tariff threats from U.S. President Donald Trump. Bilateral relations have deteriorated following failed trade negotiations, with Trump threatening tariffs and pursuing alternative potash imports from Belarus over Canadian suppliers. Additionally, tensions have risen following European Commission President Ursula von der Leyen's openness to Canada becoming an associate member of the European Union, a move labeled by Trump as a potential hostile act.

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• Trump says he wants potash from Belarus for ‘subtantially less’ than Canada

  Source: Global News Politics
  Date: 2026-09-21 15:48:33.0
  Tags: [National, Trade, Economy, Agriculture, Mining, Resources]

  U.S. President Donald Trump announced that the United States is working on a trade deal to purchase potash from Belarus for substantially less than current imports from Canada, escalating ongoing trade tensions. Canada currently supplies 79 per cent of U.S. potash imports, according to the U.S. Geological Survey, while Belarus accounts for three per cent. Trade talks between Canada and the United States collapsed previously after Ottawa walked away from negotiating terms demanded by Washington, prompting the U.S. to impose retaliatory tariffs and import restrictions against Canada.

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