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Mining and Resources

Homeland Nickel: A Binding Offtake With Two Conditions

Homeland Nickel Inc. (TSXV: SHL) signed a binding offtake agreement with Westwin Elements on 2026-10-01 covering about 20,000 tonnes of nickel concentrate a year from its Red Flat property in Oregon. The agreement is conditional on an updated mineral resource estimate and a preliminary economic assessment the company expects in the first half of 2027. Homeland has no current mineral resource on any of its Oregon ground, and held about C$2.39 million of cash at its most recent reported balance sheet date.

By Priya Sandhu6 min readSHL.V

Mining and Resources

Did Anything at Ivanhoe Mines Explain a 6% Drop?

Ivanhoe Mines Ltd. (TSX: IVN) closed at C$10.48 on 2026-10-14, down 6.4 per cent, on volume slightly below its average and with nothing published by the company that day. Its last release, on 2026-10-08, reported record quarterly copper and zinc output. A C$14.95 billion company moving 6 per cent on no disclosure is a setup question rather than a news story, and the next dated company item is Q3 financial results on 2026-11-03.

By Élise Galarneau7 min readIVN.TO

Mining and Resources

QIMC Completes a 63.7-Kilometre Seismic Survey in Nova Scotia

Quebec Innovative Materials Corp. (CSE: QIMC) said on 14 October 2026 that it had finished acquiring 63.7 line-kilometres of 2D seismic across its Cumberland County ground in Nova Scotia, 13.7 kilometres more than planned, and the data is already with a Calgary processor. The programme was delivered ahead of plan on ground where free gas has already reached surface once, with a treasury of about C$14.84 million against liabilities of about C$1.92 million.

By Élise Galarneau7 min readQIMC.CN

Mining and Resources

26% of Aya's Record Quarter Came From a Stockpile

Aya Gold & Silver Inc. (TSX: AYA) reported record third-quarter production of 2,034,628 silver equivalent ounces on 2026-10-14, up 51 per cent year on year and 21 per cent on the second quarter. Reclaimed pyrite at Boumadine supplied 536,879 of those ounces, about 26 per cent of the total, against 11 per cent in the prior quarter. Silver production at Zgounder rose 0.6 per cent quarter on quarter. The shares closed at C$36.00, up 3.5 per cent.

By Daniel Okoye7 min readAYA.TO

Mining and Resources

Seabridge's Wyoming Purchase: 163 Claims and a Concept

Seabridge Gold Inc. (TSX: SEA; NYSE: SA) agreed on October 13, 2026 to buy 100 per cent of the Slaughterhouse Project in southern Wyoming from Orogen Royalties Inc. for US$300,000, plus up to US$2.55 million in milestone payments and a 2.5 per cent net smelter return royalty. The asset is 163 U.S. mining claims and a data package. There is no mineral resource, and the target is a deposit type the company says has not been tested in Wyoming before.

By Priya Sandhu8 min readSEA.TO

Mining and Resources

Myriad Uranium Agrees to Buy 55,000 Hectares Beside Cerro Solo

Myriad Uranium Corp. (CSE: M; FSE: C3Q) agreed on October 9, 2026 to acquire Buenavida Metales S.A., which holds 23 uranium properties covering 55,013 hectares in central Chubut, Argentina, for C$300,000 in cash, 1,571,268 shares and a 2% net smelter return royalty. The ground flanks the state-held Cerro Solo deposit. No mineral resource has been estimated on it, and the 12,500 metres of historical drilling on the claims has not been verified.

By Daniel Okoye8 min readM.CN

Mining and Resources

Equinox Gold Fell 5% on Its Largest Quarter of Production

Equinox Gold Corp. (TSX: EQX) reported 237,019 ounces of gold for the third quarter of 2026 on October 13, its largest quarterly output this year, and the shares closed down 5.2 per cent at C$15.47. The quarter included only August and September for Musselwhite and Camino Rojo, the two mines acquired from Orla Mining. Against reaffirmed 2026 guidance of 870,000 to 920,000 ounces, the fourth quarter has to deliver between 258,517 and 308,517 ounces. US$172.5 million of convertible notes is redeemed on October 20.

By Élise Galarneau7 min readEQX.TO

Mining and Resources

Is Future Fuels' C$8 Million Raise Priced Above the Market?

Future Fuels Inc. halted its shares on 8 October 2026 and announced a best-efforts brokered private placement of up to C$8 million, with Red Cloud Securities as sole agent. Trading resumed on 9 October and the stock closed at C$0.285, down 23.0 per cent and below the C$0.32 price of the units being sold. The Thanksgiving weekend gives the market four days before it can act on the terms, and the arithmetic of what those terms would do to the share count is already on the page.

By Daniel Okoye7 min readFTUR.V

Mining and Resources

Magna Restarts Levack on a PEA, Not a Feasibility Study

Magna Mining's board approved restarting the Levack mine in Sudbury on 8 October 2026, on the strength of a preliminary economic assessment showing an after-tax net present value of C$227.0 million at a 7 per cent discount rate and a payback of 0.6 years. A preliminary economic assessment is the only economic study Canadian securities rules allow to include inferred resources, and about 37 per cent of this mine plan is inferred. Levack has no mineral reserves and the supporting technical report has not yet been filed.

By Priya Sandhu7 min readNICU.TO

Mining and Resources

StrikePoint Pays Newmont US$70 Million for a Nevada Gold Deposit

StrikePoint Gold closed its purchase of the Northumberland gold project in central Nevada from Newmont on 6 October 2026, paying US$70 million in cash and owing two further payments of US$25 million that only fall due if the project reaches a feasibility study and then production. The deposit holds 2.86 million gold-equivalent ounces in the indicated category and 1.57 million inferred, with no mineral reserves. Market-data screens were still reporting the pre-financing share count on 9 October, which understated the company by a factor of fourteen.

By Élise Galarneau6 min readSKP.V

Mining and Resources

What Does Oceanic Iron Ore Have at Hopes Advance?

Oceanic Iron Ore paid for the distribution of an October 8, 2026 message in which its chief executive discussed demand for green steel. Behind it sits a genuinely large deposit: 1.36 billion tonnes measured and indicated at Hopes Advance in northern Quebec, yielding a 66.6 per cent iron product with very low alumina and phosphorus. The resource estimate dates from 2012 and the newest economic study from 2020.

By Élise Galarneau7 min readFEO.V

Mining and Resources

Ivanhoe Raises Kamoa-Kakula Copper Output 19% as Guidance Falls

Ivanhoe Mines reported 76,401 tonnes of copper in saleable products from Kamoa-Kakula for the third quarter of 2026, up from 64,328 tonnes in the second. The shares fell 4.1 per cent to C$11.13 in Toronto on the day. The same release puts 2026 output at 290,000 to 310,000 tonnes and says production is trending toward the lower end, against the 380,000 to 420,000 tonnes the company guided for 2026 in December 2025.

By Priya Sandhu7 min readIVN.TO

Mining and Resources

20,000 Ounces Separate What DPM Metals Made From What It Sold

DPM Metals reported third-quarter production of 97,000 gold-equivalent ounces on October 8, 2026 and said it now expects the high end of its 2026 guidance. The same release shows 77,000 payable ounces sold. At Vares, the mine that declared commercial production in August, 45,000 ounces produced became 30,000 sold. The shares closed at C$54.42, up 4.7 per cent.

By Daniel Okoye7 min readDPM.TO

Mining and Resources

F3 Uranium's Interest Payment to Denison: One Third in Shares

F3 Uranium Corp., which trades as FUU on the TSX Venture Exchange and as GL7 in Frankfurt, said on October 2, 2026 that it would issue 797,872 common shares to Denison Mines Corp. at a deemed price of C$0.141, together with C$225,000 in cash, to settle a quarter's interest on a C$15 million convertible debenture. Against 662,375,097 shares outstanding that is dilution of about 0.12 per cent. The larger pending item is the share consolidation, which the exchange has not yet accepted.

By Priya Sandhu9 min readFUU.V

Mining and Resources

What Is Inside Apex's Longest Rare Earth Intercept?

Apex Critical Metals Corp. (CSE: APXC, FWB: KL9) reported on October 5, 2026 that step-out drilling extended the Trinity Zone at its Rift project in Nebraska about 200 metres down dip to the west, returning 3.55 per cent rare earth oxide over 116.0 metres and 2.35 per cent over 171.5 metres in core length. The drilling is real and the grades are among the project's best. The release carries no cut-off grade, no downhole depths and no oxide-by-oxide assay, and Rift has no mineral resource estimate.

By Daniel Okoye9 min readAPXC.CN

Mining and Resources

Xatśūll First Nation Ends Its Agreements With Spanish Mountain Gold

On 1 October 2026 the Xatśūll First Nation announced it was terminating all of its agreements with Spanish Mountain Gold Ltd. CIRO halted the shares that morning and they resumed the next day, when the company replied that British Columbia's assessment office had confirmed in August it was not pursuing termination of the environmental assessment. The company's own quarterly filing had already disclosed that the 2021 protocol was no longer in force.

By Élise Galarneau9 min readSPA.V

Mining and Resources

Where Are the Assays From Super Copper's First Four Chilean Holes?

Super Copper Corp. (CSE: CUPR; FSE: N60) reported on 1 October 2026 that visible copper minerals were logged in all four completed holes of its maiden drill programme at Cordillera Cobre in Chile's Atacama region, across roughly 2,348 metres. No assays have been returned. The project is held under an option to earn up to 100 per cent, not owned, and carries no mineral resource estimate of any kind, current or historical.

By Priya Sandhu10 min readCUPR.CN

Mining and Resources

Evergold Drills 7.7 Grams of Gold a Tonne at Its Golden Lion Project

Evergold Corp. (TSXV: EVER) reported assays on 2 October 2026 from the first six of sixteen 2026 holes at the GL1 zone of Golden Lion in northern British Columbia. Hole GL26-031 returned 4.9 metres at 7.70 g/t gold and 186.0 g/t silver. All six holes hit gold. The shares closed at C$0.36, down 20 per cent, on about nineteen times average volume. True widths are not known, assays are uncapped, and ten holes remain at the laboratory.

By Daniel Okoye8 min readEVER.V

Mining and Resources

Does a Draft EU Minerals Pact Change Anything for First Phosphate?

A draft joint statement circulating among EU member states before an October 2026 summit in Montreal would open European Investment Bank financing to Canadian critical-minerals projects, according to reporting on September 30, 2026. First Phosphate Corp. (CSE: PHOS, FSE: KD0) sits inside that perimeter. Its Bégin-Lamarche deposit in Saguenay grew to 204.7 million tonnes of measured and indicated resource this year, and it has no mineral reserve and no completed economic study.

By Priya Sandhu7 min readPHOS.CN

Mining and Resources

Colombia Shortens the Restriction Over Aris Mining's Soto Norte

Aris Mining Corporation (TSX: ARIS) said on September 30, 2026 that it has finished preparing the environmental and social impact assessment for Soto Norte in Colombia and will take it to three towns in October before filing it. The same release disclosed that Colombia's environment ministry revoked an extension of the temporary reserve area covering the project, so the restriction on new environmental licences there now lapses on March 4, 2027. Nothing can be built until a licence is granted, and the licence is the gate everything else waits behind.

By Élise Galarneau7 min readARIS.TO

Mining and Resources

QIMC Hires a Calgary Firm to Process 50 Kilometres of Seismic

Quebec Innovative Materials Corp. (CSE: QIMC) engaged Calgary’s Earth Signal Processing Ltd. on October 1, 2026 to process about 50 line-kilometres of two-dimensional seismic from Apple River and Bennett Hill, Nova Scotia. The appointment adds experienced processing support to a better-defined hydrogen and helium exploration programme. The images can help focus drilling targets, while pressure and flow measurements remain later steps with no announced date.

By Daniel Okoye8 min readQIMC.CN

Mining and Resources

33% for Beyond Oil on a Global Restaurant Vendor Approval

Beyond Oil Ltd. (TSX: BOIL) said on October 1, 2026 that it has been added to the global approved products list of a multinational restaurant parent company it does not name, and the shares closed up 33.9 per cent at C$2.41 on about 4.6 times average volume. The release states in its own words that the approval does not guarantee commercial adoption, deployment schedules or minimum order volumes from individual franchise partners. The company sells a frying-oil treatment, not oil and gas, and it reported US$1.4 million of revenue in its most recent quarter.

By Élise Galarneau6 min readBOIL.TO

Mining and Resources

Why Hercules Metals Is Drilling the Kilometre Between Two Discoveries

Hercules Metals Corp. (TSXV: BIG) reported 286.52 metres of 0.58 per cent copper equivalent from its Southern Flats zone in western Idaho on 30 September 2026, and says 3D modelling suggests the zone may be a one-kilometre southern extension of its Leviathan discovery. The company carries a market value of about C$407 million and has never published a mineral resource estimate, which makes every comparison with a peer a comparison between counted pounds and uncounted ones.

By Élise Galarneau7 min readBIG.V

Mining and Resources

Grid Metals Reported Its First Resource, and a 90-Day Clock Started

Grid Metals Corp. (TSXV: GRDM) published a maiden measured resource at its Lucy South cesium deposit in southeastern Manitoba on 30 September 2026 and the shares rose 13.3 per cent to a 52-week high. The estimate is 51,500 tonnes at 2.58 per cent Cs2O. Under the July joint venture with Avenir Minerals, the announcement also starts a 90-day window in which Avenir may subscribe for up to 19.99 per cent of Grid's shares at a 10 per cent premium to a 30-day average price.

By Daniel Okoye8 min readGRDM.V

Mining and Resources

Panama Ties Any Cobre Panamá Deal to Ending First Quantum's Arbitration

First Quantum Minerals (TSX: FM) disclosed on 30 September 2026 that Panama's Ministerial Commission has delivered seventeen recommendations on Cobre Panamá. The lead recommendation is to open negotiations on a new agreement, with termination of the company's international arbitrations set as a mandatory condition. The shares fell 15.3 per cent on the day while the copper price rose, which makes the move a judgement about Panama rather than about the metal.

By Priya Sandhu7 min readFM.TO

Mining and Resources

Why Equinox Left Mexico and Nicaragua Out of Its Drill Update

Equinox Gold's 29 September 2026 exploration update reported drill results from Musselwhite, Valentine and Greenstone, all in Canada, and disclosed that 45 rigs are turning across nine projects in four countries. Fifteen of those rigs are in Mexico and 12 in Nicaragua. No results from either country appear in the release, and no explanation for the omission does either.

By Priya Sandhu7 min readEQX.TO

Mining and Resources

93% of Aya Gold and Silver's Revenue Came From Silver

Aya Gold & Silver reported US$96.8 million of revenue for the June 2026 quarter, of which US$90.3 million came from silver and US$6.5 million from pyrite. No gold revenue line appears. The pure-play silver description that circulates among shareholders is supported by the current filings, and the Boumadine deposit Aya is drilling with 14 rigs is polymetallic enough to end it.

By Daniel Okoye7 min readAYA.TO

Mining and Resources

Westwin Agrees to Buy 20,000 Tonnes a Year From Red Flat

Homeland Nickel and Westwin Elements signed a binding offtake agreement on 28 September 2026 covering an estimated 20,000 tonnes of nickel concentrate a year from Red Flat, Oregon. Westwin will fund the bankable feasibility study, but only after reviewing a resource estimate and economic study Homeland expects to deliver in the first half of 2027. Red Flat's only resource figures are historical and cannot be relied on as current.

By Élise Galarneau9 min readSHL.V

Mining and Resources

Why Hudbay's Snow Lake Reserves Now Run to 2043

Hudbay Minerals said on 28 September 2026 that mineral reserves at its Snow Lake operations in Manitoba now support mining until 2043, an 18-year reserve life and two years longer than the January 2026 estimate. Reserves rose 7.5 million tonnes to 27.0 million tonnes holding about 2.0 million ounces of gold. The figures rest on assumed prices of US$3,600 an ounce for gold and US$5.00 a pound for copper, both below where those metals traded that day.

By Élise Galarneau8 min readHBM.TO

Mining and Resources

B2Gold Drills 10.9 Grams a Tonne at a New Goose Zone

B2Gold reported drill results from the Back River gold district in Nunavut on 28 September 2026, including 10.94 grams of gold per tonne over 9.95 metres from a single hole at a newly named zone called Tattuk, about 150 metres down plunge from Nuvuyak. The same release reaffirmed Goose mine guidance of 170,000 to 200,000 ounces of gold for 2026 and contained no production, grade, recovery or cost figures for the quarter.

By Daniel Okoye8 min readBTO.TO

Mining and Resources

Eldorado Gold Connects Skouries to the Greek Grid, 20 Days After First Concentrate

Eldorado Gold reported on 28 September 2026 that its Skouries copper and gold mine in northern Greece is permanently connected to the Greek national power grid. The release carries no throughput, grade or recovery figure, and it does not change the company's stated schedule of commercial production in the fourth quarter of 2026. About US$1.315 billion is Eldorado's own estimate of total Skouries capital to that point, of which US$1.270 billion had been spent by 30 June 2026.

By Priya Sandhu7 min readELD.TO

Mining and Resources

Under QIMC's Helium Zones: A Magnetic Body 10 Kilometres Long

Québec Innovative Materials Corp. reported on 28 September 2026 that its 526-sample soil-gas helium survey at New Salem-Apple River in Nova Scotia, regional gravity data and aeromagnetic data all describe a single fault-bounded structure, with a magnetic body about 10 kilometres by 2 kilometres beneath two of the helium zones. The work is a reinterpretation of data the company already held. It reports no flow rate, no gas purity and no resource, and the shares closed down 3.6 per cent at C$0.54.

By Élise Galarneau7 min readQIMC.CN

Mining and Resources

Lundin Gold Extended a Gold Trend to Eight Kilometres, and None of It Is a Resource Yet

Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG; FSE: F1YN) reported 204.26 g/t gold over 3.05 metres at Bonza Sur on September 24, 2026, and said a new discovery at Quebrada Dorada extends the epithermal gold trend beyond eight kilometres. Of the metal in the headline intercept, 99.7 per cent comes from 0.60 metres assaying 1,035.60 g/t. Five other intercepts are more evenly distributed and are the stronger evidence. The release carries no mineral resource or reserve estimate for either target, and states the intercepts are core lengths, not true widths.

By Priya Sandhu6 min readLUG.TO

Mining and Resources

Capstone Copper Sold Cozamin Four Days Before a Royalty Claimant Disclosed a Prosecutor's Demand

Royalties Inc. reported on September 25, 2026 that the Zacatecas state prosecutor's office served Capstone Copper's Mexican subsidiary with a demand to produce mine records for a criminal investigation, on a document it dates September 7, 2026. Capstone announced the sale of Cozamin to Luca Mining for up to US$385 million on September 21, 2026, in a release that does not mention the royalty, the litigation or the investigation. Capstone has published nothing on the demand. The claimant's own estimate of its claim is US$50 million.

By Daniel Okoye8 min readCS.TO

Mining and Resources

Largo Priced US$5.7 Million of Stock and Warrants at US$0.56 to Pay Trade Creditors

Largo Inc. (TSX: LGO; Nasdaq: LGO; FSE: LR8) priced a US$5.7 million registered direct offering on September 25, 2026 at US$0.56 per share and warrant, with a five-year warrant struck at US$0.70. The shares closed at C$0.77 in Toronto, down 20.62 per cent on 11.69 times average volume. Stated use of proceeds is working capital, including paying trade creditors. Two insiders took 24.5 per cent of the offering. About US$82 million of Brazilian bank debt sits behind it, roughly 48 per cent of it restructured.

By Priya Sandhu9 min readLGO.TO

Mining and Resources

One 0.65-Metre Sample Supplies Three Quarters of the Gold in Ashley Gold's 60-Metre Interval

Ashley Gold Corp. (CSE: ASHL) closed at C$0.11 on September 25, 2026, up 69.2 per cent on roughly 48 times its 30-day average volume, after reporting 3.333 g/t gold over 60.00 metres downhole at the Tak Patents in northwestern Ontario. Three quarters of the metal in that average comes from one 0.65-metre sample assaying 229 g/t. The company capped that sample at 40 g/t in its own release and said true thickness is unknown. Ashley Gold has no mineral resource on the property.

By Élise Galarneau7 min readASHL.CN

Mining and Resources

Two of the Three Cost Figures Circulating About Ivanhoe Mines Are Not in Its Filings

Ivanhoe Mines issued no release this week, and the cost figures being traded around its shares come from memory of a conference call. One of the three checks out against the filings. The company reports C1 cash cost and does not report all-in sustaining cost at all, which makes most of the peer comparisons being drawn a comparison of two different measures. The gap between them can be priced from Ivanhoe's own capital guidance.

By Priya Sandhu8 min readIVN.TO

Mining and Resources

A Redemption Notice Priced to End in Shares: Equinox Gold Calls US$172.5 Million of Converts

Equinox Gold has called the whole US$172.5 million of its 4.75 per cent convertible senior notes due October 2028 for redemption on 20 October 2026 at par plus accrued interest. Holders may convert instead until 19 October at an adjusted rate of 165.0732 shares per US$1,000, a conversion price near US$6.06. The company says up to 28,475,124 shares would be issued if every holder converts, about 2.44 per cent of the count.

By Élise Galarneau7 min readEQX.TO

Mining and Resources

A Discovery Geologist Takes Over at F3 Uranium, and the Same Release Sets a 10-for-1 Consolidation

F3 Uranium named Ross McElroy chief executive and director effective 24 September 2026, with Dev Randhawa moving to executive chairman. The same release announced a 10-for-1 share consolidation, still subject to TSX Venture Exchange acceptance and without an effective date. F3's JR Zone carries an initial indicated resource of 11.8 million pounds of U3O8 at 4.39 per cent, and the company's most recent drill holes have been reported on radiometric readings alone.

By Daniel Okoye7 min readFUU.V

Mining and Resources

Kinross Cut 2026 Production Three Per Cent and Raised All-In Cost Guidance Eight

Kinross Gold cut 2026 and 2027 production guidance to about 1.84 to 1.86 million gold equivalent ounces, two to three per cent below the low end of its previous range, and lifted its 2026 return of capital target from 40 to 50 per cent of free cash flow. The cost revision in the same release was proportionally larger. Shares closed at C$34.50 on 24 September, down 11.3 per cent.

By Élise Galarneau7 min readK.TO

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