Sybilla Gross

Agnico Eagle Mines Ltd. said it will invest about C$14 billion ($10.2 billion) in Ontario, which the province says is one of the biggest ever private sector commitments in its mining industry.

Plus: Smith and Carney make a deal

Sherritt International Corp. is in talks to hand a controlling stake to a family office linked to a former adviser of President Donald Trump, as the mining company seeks to navigate US sanctions tied to its Cuba operations.

Sherritt International Corp. negocia ceder una participación mayoritaria a una family office vinculada a un antiguo asesor del presidente Donald Trump, en un intento de la minera canadiense por sortear las sanciones estadounidenses relacionadas con sus operaciones en Cuba.

Plus: CPPIB sells some fund stakes (and halts a sale)

Facing a crisis after the US expanded sanctions on Cuba, Sherritt International may be now rescued by a former adviser to the president.

La línea dura de la Administración Trump contra Cuba llevó a Sherritt International Corp. al borde del abismo. Ahora, un exasesor del presidente de Estados Unidos podría convertirse en la salvación de la minera canadiense.

Facing a crisis after the U.S. expanded sanctions on Cuba, Sherritt International may now be rescued by a former adviser to the president.

Alamos Gold Inc. shares fell the most since 2020 after the Canadian company cut second-quarter production guidance following earthquakes that damaged a key mine.

The Canadian government will contribute as much as C$400 million ($282 million) to Teck Resources Ltd.’s plans to boost output at a key metals refinery, creating a deal that could ensure the country receives a portion of future germanium, antimony and gallium supply.