The latest Canadian and global market news from The Maple Markets: economy, mining, energy, technology, real estate and policy coverage for investors.
Equinox Gold produced 237,019 ounces in the third quarter of 2026, its first with Orla's Musselwhite and Camino Rojo mines, and three Canadian mines supplied about 59 per cent of it. The company repaid US$190 million of debt in the quarter, reaffirmed 2026 guidance and reports full results on November 9. Los Filos remains suspended and outside guidance.
By Priya Sandhu8 min readEQX.TO
Kamoa-Kakula produced 212,146 tonnes of copper in the first nine months of 2026, per Ivanhoe's own quarterly figures, so the fourth quarter needs about 77,854 tonnes to reach the low end of the 290,000 to 310,000 tonne range. The third quarter delivered 76,401 tonnes. Ivanhoe reports third-quarter financials on November 3, with Platreef and Kipushi also in the results.
By Daniel Okoye8 min readIVN.TO
Metalsource Mining reported on October 22, 2026 that hole SH26-45 logged about 22 metres of polymetallic mineralization, including sulphide-rich bands, roughly 80 metres south of the previous southernmost intercept at Silver Hill in North Carolina. The interval is a core length logged by eye, and assays from ALS are pending. A second rig is drilling trend targets north of the old mine, with the company tying that test to late 2026 or early 2027.
By Priya Sandhu7 min readMSM.CN
IAMGOLD's Côté Gold mine produced 64,400 attributable ounces in the third quarter of 2026 and averaged a record 37,100 tonnes a day in September, above its design rate, the company reported on October 21. It now expects Côté's 2026 output at the lower end of guidance, which starts at 270,000 ounces, with an updated mine plan due in the fourth quarter. The shares closed at C$23.01 on October 22, a day gold producers fell across the TSX.
By Élise Galarneau9 min readIMG.TO
Hudbay Minerals and Mitsubishi Corporation approved construction of the Copper World mine in Pima County, Arizona, in a release dated October 21, 2026. The definitive feasibility study puts initial growth capital at US$2.07 billion in 2026 dollars, output at 102,000 tonnes of copper a year over the first decade and first production in the second half of 2029. Mitsubishi's equity, a Wheaton stream deposit and project debt come first; Hudbay's own contribution is deferred to 2028. The capital figure is about 59 per cent above the 2023 study, on the desk's arithmetic, for a mine of changed scope.
By Priya Sandhu10 min readHBM.TO
Uranium One Mining Corp. (CSE: UUU) reported cash of C$2,868,144 at June 30, 2026 in interim statements filed August 31, and enters the final months of 2026 with four milestones ahead: regulatory acceptance of the Foghorn and Pasfield Lake acquisition, first exploration results from Nucleon in the Athabasca Basin, a November 30 shareholder meeting and the deployment of C$1,535,001 of flow-through exploration funding. The shares closed unchanged at C$0.18 on October 21, 2026.
By Élise Galarneau14 min readUUU.CN
Aya Gold & Silver filed the full NI 43-101 technical report for its updated Boumadine preliminary economic assessment on October 20, 2026: an after-tax NPV of US$3.5 billion and a 93 per cent IRR at US$50 silver, a 14-year flotation mine and US$463 million of initial capital, a week after it reported record third-quarter production of 2.03 million silver-equivalent ounces. The study is preliminary and 84 per cent of its resource tonnage is inferred; the feasibility study the company expects next year is the next step, and third-quarter financial results follow on November 12, 2026.
By Daniel Okoye10 min readAYA.TO
AbraSilver's October 21, 2026 release reports 228 metres of oxide rock at 1.79 g/t gold in hole DDH-26-061 at Oculto East, a zone the company places about 50 metres below its current pit design and outside the resource dated April 30, 2026. Widths are drilled, true widths are not yet known and the assays are uncut. The shares closed at C$12.70, up 12.49 per cent, and the next resource update is dated for the second quarter of 2027.
By Élise Galarneau10 min readABRA.TO
First Phosphate has signed three non-repayable contribution agreements under two Natural Resources Canada programs worth about C$21.5 million combined, covering the feasibility study, process work, a 161-kV power line study and a mine access road. It ended its fiscal year with C$20.2 million in cash, raised C$17.7 million in July and presents to investors on 22 October. Its presentation targets the feasibility study for the first quarter of 2027.
By Priya Sandhu8 min readPHOS.CN
F3 Uranium said on October 20, 2026 that chief executive Ross McElroy will present at Red Cloud's Fall Mining Showcase in Toronto on October 29. He returns to investors with an 11.8 million pound indicated resource at the JR Zone, a summer program that cut altered rock near the Tetra Zone, and flow-through money raised in April.
By Daniel Okoye7 min readFUU.V
Quebec Innovative Materials has added Line 5, a 26.8-kilometre seismic transect across the Ontario side of the Témiscamingue Graben, placed where its Ontario soil-gas hydrogen readings are highest. The company held C$14.13 million in cash at June 30, 2026, after an April placement, and testing continues at its Nova Scotia hole DDH-26-05.
By Élise Galarneau7 min readQIMC.CN
Lithium Africa Corp. said on October 20 that it has two non-binding offers to fund its Springbok spodumene project in South Africa's Northern Cape: a US$60 million cash investment for 55 per cent of a new holding company, and a prepayment facility tied to three years of offtake. Both need due diligence and definitive agreements. The shares closed at C$2.00, up 37.93 per cent, on 167,764 shares.
By Daniel Okoye7 min readLAF.V
Copper One Resources has observed copper sulphides in step-out hole RED-26-04, about 600 metres northeast of Redonda's main mineralized zone in British Columbia. The result gives the company another area to investigate; the observation is visual and laboratory assays are pending. Alongside the drilling, Copper One closed a C$7.96 million special warrant financing in September, added the Sport project in Utah and signed an agreement for the Sword & Gossan properties in Labrador.
By Daryl Frètu Von8 min readCEXY.CN
Vault Strategic Mining has completed a 73.6 line-kilometre drone magnetic survey at War Bond in Nevada and received the processed maps. The results build on its surface sampling and will help refine drill targets, support permit applications and inform the project's maiden NI 43-101 technical report. A C$1.5 million placement closed in September provides fresh funding for exploration and general corporate purposes; drilling remains subject to technical evaluation, permits, funding and access.
By Daniel Okoye8 min readKNOX.V
The US Department of Energy has committed up to US$4.4 billion across three federal loan commitments to restart the Palisades, Crane and Duane Arnold reactors. Cameco, the Saskatoon uranium producer, has published nothing that ties it to those plants. Its July results show contracts averaging more than 28 million pounds a year for five years, C$1.1 billion in cash, and unchanged production guidance, while its shares closed at C$113.88 on October 19.
By Élise Galarneau7 min readCCO.TO
TAG Oil's T-200 well in Egypt's Western Desert reached 4,160 metres and logged 14 metres of oil-bearing limestone, but no formation oil reached surface over the final 48 hours of a nitrogen clean-up. The company has shut the well in, plans an acid treatment and a re-test, and will update with its third-quarter results on 25 November 2026. The shares roughly halved on about 58 times their usual volume.
By Daniel Okoye6 min read[TAO.V]
Oceanic Iron Ore (TSXV: FEO) restarted the environmental and social impact assessment of Hopes Advance in Nunavik on July 20, 2026, with cash of C$49,336,808 against liabilities of C$1,967,544 at June 30, 2026 after the February financing converted every debenture. The deposit holds about 1.39 billion tonnes measured and indicated at 32.1 per cent iron, and bench-scale tests have made a 68 per cent iron direct-reduction concentrate. The economics come from the December 2019 study; the MD&A says the February proceeds will fund the updated preliminary feasibility study that succeeds it.
By Élise Galarneau10 min readFEO.V
Aritzia, founded in Vancouver in 1984, reached the fiscal 2027 revenue goal of its October 2022 plan a year early, with C$3.70 billion of net revenue in fiscal 2026, and now expects C$4.78 billion to C$4.88 billion for fiscal 2027. It sets out its next long-range plan at an Investor Day on October 27, 2026. Canadian net revenue rose 19.8 per cent to C$390.4 million in the quarter to August 30, 2026, ahead of the 5.5 per cent Statistics Canada reported for clothing retailers in July. The outlook excludes the quarter's C$97.4 million tariff refund.
By Marc Belzile8 min readATZ.TO
Rock Tech Lithium (TSXV: RCK) closed at C$0.79 on October 16, 2026, up 33.9 per cent, after a news report named Rheinmetall AG as an investor in the company and its permitted lithium converter at Guben. Rock Tech's October 9 release describes a C$3.25 million subscription by an unnamed strategic investor and a project-level participation it expects to enter. Behind the report sit two converters, a Red Rock capital cost of C$596 million published October 7, a June 30, 2026 balance sheet with C$1,968,455 of cash, and a final feasibility study due in December 2026.
By Priya Sandhu11 min readRCK.V
Production guidance is the forward-looking number a Toronto-listed miner is judged against all year, and Canada's disclosure rules require a reasonable basis for it and a discussion in the MD&A when events make a material miss likely. With nine months reported, Equinox Gold needs about 258,500 ounces in the fourth quarter to reach its range, Ivanhoe Mines needs about 77,900 tonnes of copper at Kamoa-Kakula, and B2Gold reports its third quarter on November 4.
By Daniel Okoye7 min read
Canada's consumer prices rose 3.0 per cent in the year to August, but gasoline did much of the lifting and the Bank of Canada's preferred core measures sat at 1.9 and 2.0 per cent. Employment fell by 68,000 in September after 42,000 in August. The Bank holds its policy rate at 2.25 per cent until October 28, when it weighs a price shock it did not cause against a job market that is losing ground, with September inflation due nine days earlier.
By Hannah Kuan7 min read
Gold is priced in US dollars, but a mine in Ontario, Quebec or Nunavut pays much of its bill in Canadian dollars. With the Bank of Canada's rate at 1.4154 Canadian dollars per US dollar on October 16, against the 1.36 Agnico Eagle and the 1.34 Equinox Gold assumed in their 2026 guidance, each Canadian dollar of cost converts into about 4 to 5 per cent fewer US dollars. Hedges, royalties and diesel absorb part of the effect, and mines outside Canada get none of it.
By Marc Belzile6 min read
Uranium One Mining Corp. (CSE: UUU) began field work at its Nucleon property in the Athabasca Basin on April 14, 2026, completed the acquisition of Quark Uranium Ltd. on April 22, took its present name on April 27, closed a C$3,008,401 financing on May 27 and signed an agreement in June to acquire the Foghorn and Pasfield Lake properties for 27,060,000 shares. Its interim statements to June 30, 2026 show cash of C$2,868,144 against total liabilities of C$244,593. The shares closed at C$0.20 on October 16, 2026.
By Daniel Okoye10 min readUUU.CN
B2Gold Corp. (TSX: BTO) said on 14 October 2026 that it will release third quarter results after the North American close on Wednesday 4 November 2026, with a conference call the following morning. The quarter being reported runs against a production range the company narrowed in August to 820,000 to 920,000 ounces, and against a half-year cost figure that sits below the full-year range it guided. The shares are also listed in Frankfurt as 5BG.
By Élise Galarneau6 min readBTO.TO
Vault Strategic has reported surface samples of up to 1,100 ppm tungsten at War Bond in Nevada, started a magnetic survey programme and closed a C$1.5 million financing. The results and funding provide a practical foundation for follow-up exploration. A technical report and drill-target work are the next steps; the project’s scale and economics remain to be established.
By Daniel Okoye6 min readKNOX.V
First Phosphate Corp. (CSE: PHOS) carries 204.7 million tonnes at 6.05 per cent P2O5 in the measured and indicated categories at Bégin-Lamarche in Quebec, effective 1 May 2026, with the supporting NI 43-101 technical report filed to SEDAR+ on 24 August 2026. Its test work points to a concentrate of 40.4 per cent P2O5 at 88 per cent recovery, and two export credit agencies have written letters covering most of the projected equipment bill. The next dated step is a feasibility study the company schedules for the first quarter of 2027.
By Priya Sandhu7 min readPHOS.CN
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 Nova Scotia multi-gas district, expanded from a planned 50 kilometres, with Earth Signal Processing of Calgary now working on the data. Filings published on SEDI during Thursday's session record 95,000 shares bought on 14 October by the president and chief executive through a holding company and by a senior officer through another. The shares closed at C$0.385.
By Élise Galarneau8 min readQIMC.CN
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
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
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
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
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
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
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
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
Canadian explorers intend to spend C$5.3 billion in 2026, with junior companies accounting for C$2.91 billion of it, according to Natural Resources Canada's survey published in April 2026. Most of that junior money is raised through flow-through shares, an instrument whose timetable is written into the Income Tax Act. Here is what a flow-through share is, the dated sequence the look-back rule imposes from December to the following December, the charge that applies if the money is not spent, and why the Act pins every dollar of it to ground inside Canada.
By Daniel Okoye8 min read
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
Canadian public mining companies held C$352.6 billion of mining assets at the end of 2024, according to Natural Resources Canada's January 2026 bulletin. C$240.6 billion of it was outside Canada, spread across 95 foreign countries, with five countries holding more than half. Here is how Canada became the listing venue for mines it does not contain, what the Canadian rulebook governs once a company is listed here, and where the official table stops reporting.
By Priya Sandhu7 min read
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
A week of Canadian mining news turned on documents that had nothing to do with rock: a terminated set of engagement agreements in British Columbia, a Quebec fast-track designation, a foreign drill permission. Canada runs four separate permissions between a deposit and a mine, each with its own clock and its own way of stopping. Here is what each one is, what the statutes actually require, and where the numbers come from.
By Élise Galarneau9 min read
The most important Canadian and global market stories, in clear language, before the trading day begins.
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