Avalon Advanced Materials has received a C$3.5 million ($2.5m) financing from Belgium’s SCR-Sibelco NV to help advance its Lake Superior lithium project in Ontario and the Nechalacho REE (rare earth elements) and zirconium project in the Northwest Territories.

BHP has been named one of Canada’s top 100 employers for 2025, emphasising the company’s commitment to fostering a leading workplace culture.

New Hope Group’s underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) was up 40.8 per cent for the quarter.

Osisko Metals shares rose on Friday after the company announced an updated mineral resource estimate for the Gaspé copper project, located near Murdochville, Quebec.

Peninsula Energy (ASX: PEN) saw its shares plummet 18% on Friday after lowering its uranium production forecast for the Lance project in Wyoming.

French nuclear fuels company Orano warned on Friday of a “deteriorating financial situation” at its Somair uranium plant in Niger, as the West African nation increasingly looks to new partners such as Russia in its mining sector.

De Beers’ CEO said he expected negotiations on a new diamond sales pact with Botswana’s government to be wrapped up within weeks, after meeting with the country’s new president.

Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel market outlook, although fresh stimulus measures by top consumer China for its property sector limited the losses.

Top global iron ore exporter Australia could lose as much as half its revenue from the sector if it fails to start producing green iron fast enough, as other countries start making steel using renewable energy, a think tank said on Friday.

While tens of thousands attend the UN COP29 climate summit in Baku, Azerbaijan, a group of more than 120 grassroots African female activists have snubbed the talks and already attended a “counter-COP” in Senegal.