- Canada targets C$155B in US goods with counter tariffs amid recession fears. READ MORE
- Trump says he spoke with Trudeau this morning. “Canada doesn’t even allow U.S. Banks to open or do business there. What’s that all about? Many such things, but it’s also a DRUG WAR, and hundreds of thousands of people have died in the U.S. from drugs pouring through the Borders of Mexico and Canada. Just spoke to Justin Trudeau. Will be speaking to him again at 3:00 P.M. [Eastern],” he wrote on Truth Social. READ MORE
- Canada loonie hits lowest rate since 2003. At time of release today, approximately 1 USD = 0.68 CAD. READ MORE
- Canada still most explored country as juniors cushion majors' decline. Canada maintained its position as the leading global nonferrous exploration country in 2024 for the fourth consecutive year. READ MORE Exploration budgets in Australia dropped 10% in 2024 to US$1.98 billion, a two-year low, largely due to a continued decrease in the junior sector's expenditures.
- Chile's environmental regulator, Superintendencia del Medio Ambiente, ordered Lundin Mining Corp. to permanently close the Alcaparrosa copper mine and pay a US$3.3 million fine over a sinkhole that developed at the site in July 2022. The company paused work at the underground mine, part of the Candelaria complex, in August 2022. READ MORE
- Colombia's copper concentrates exports gained 22.5% to 37,559 metric tons in the first 11 months of 2024, compared to 30,672 metric tons for the prior-year period. British Columbia-based Atico Mining Corp. boosting output at its El Roble mine was a contributing factor. READ MORE
- Vale struck a partnership with Brazilian port technologist Porto Hub to seek solutions to shipping challenges posed by tidal movements at the miner's key Ponta da Madeira port terminal in northeast Brazil. READ MORE
- Rio Tinto Group's 74%-owned Richards Bay Minerals subsidiary signed a deal with independent power producer Red Rocket South Africa Pty. Ltd. for 230 MW of wind energy for its smelting and processing facilities at the Richards Bay heavy mineral sands operation in South Africa. READ MORE
- New Zealand released a national minerals strategy and critical minerals list as the country works toward doubling its mineral sector's exports to NZ$3 billion by 2035. READ MORE
- Mineral-rich Mongolia is looking to balance its ties with China and the US as the landlocked nation works to become a major source of critical minerals. Dorjkhand Togmid, deputy prime minister of Mongolia, said he believes the country's strengthened parliamentary democracy will help draw mining investors to the country. READ MORE