Canadian mining

The Canadian Mining Hall of Fame inducted four industry leaders in 2026 for their long-standing contributions to mineral exploration, mining finance, and industry standards. Honoured at the annual induction ceremony in Toronto, the recipients were David Harquail, Don Lindsay, Catherine McLeod-Seltzer, and Gordon Garfield Morrison; executives, entrepreneurs, and exploration leaders whose work has influenced capital markets, governance frameworks, and major mineral discoveries. The event highlighted careers spanning royalty companies, diversified miners, exploration success, and industry leadership. Collectively, the inductees have helped shape modern mining practices, advanced responsible development, and contributed to the long-term growth and credibility of Canada’s mining sector. [more]

Torex Gold Resources has agreed to acquire Prime Mining in an all-share transaction valued at approximately $449 million. The transaction implies an enterprise value of roughly US$322 million and values Prime at about US$108 per gold equivalent ounce based on total Indicated and Inferred resources of approximately 3.0 million ounces. Prime shareholders will receive 0.060 Torex shares per share held and will own about 10.7 percent of Torex following closing. The acquisition adds the Los Reyes gold-silver project in Mexico to Torex’s development pipeline and increases its silver exposure. [more]