Skull Ridge Gold Corp. (formerly Carmanah Minerals Corp.) has commenced trading on the Canadian Securities Exchange under ticker 'SKUL'. The company is focused on advancing its flagship Skull Island Project on the Burin Peninsula in Newfoundland, an underexplored epithermal and hydrothermal belt. The company is preparing for an upcoming drill program with drill contractor selection and crew availability currently being finalized.

Dundee Corporation reported strong 2025 net earnings of $320.5 million driven by significant investment gains across its mining portfolio and major monetization transactions. The company strengthened its balance sheet through the sale of NFG units for $97.9 million, the Android Industries stake for $27.3 million, and the Borborema Gold Project royalty for $65.8 million. Dundee announced a strategic earn-in and joint-venture agreement with Westhaven Gold to earn up to 60% interest in the Shovelnose Gold Project through $85 million in staged expenditures.

Global gold mining capital is consolidating around high-grade assets as production hits structural constraints. January 2026 saw $11B in mining M&A with 77% focused on gold and silver. Major moves include Coeur Mining's acquisition of New Gold, adding significant production capacity, while junior explorers like Golden Goose Resources, New Found Gold, and Dolly Varden Silver advance early-stage projects in favorable jurisdictions.

With gold prices exceeding $5,100 per ounce in early 2026, development-stage gold companies with low-cost resources are attracting acquisition interest. Lake Victoria Gold completed drilling at Imwelo confirming mineralization extends beyond current pit design. New Found Gold reported high-grade results at Queensway. West Red Lake Gold intersected significant gold grades at Madsen Mine. Scorpio Gold extended mineralization at Manhattan District. Cambria Gold Mines identified high-grade zones at Premier Gold Project.

Labrador Gold Corp. has filed its Management Information Circular for an Annual General and Special Meeting scheduled for February 24, 2026. The company proposes a Change of Business to a mining/investment issuer model and is recommending shareholders vote for management nominees and against dissident nominees from Coloured Ties Capital Inc. The board has engaged Dr. Quinton Hennigh as technical advisor and executed strategic capital decisions including divesting the Kingsway Project and monetizing New Found Gold Corp. shares.

Dundee Corporation has closed the sale of its royalty on the Borborema Gold Project to Gold Royalty Corp. for US$45 million (US$30 million cash and US$15 million in shares). The transaction strengthens Dundee's balance sheet and delivers NAV accretion. Despite the sale, Dundee's portfolio NAV per share of $8.28 significantly exceeds its current market price of $4.41, representing a 47% discount.

Mustang Energy Corp. has staked two new mineral exploration properties in Newfoundland: the Onyx Uranium Project and Bridal Veil Copper-Silver Project, totaling 446 claims across 3,875 hectares, marking the company's strategic expansion into eastern Canada.

Rocky Shore Gold Ltd. has entered into option and purchase agreements to acquire two mining properties in central Newfoundland, enhancing its strategic position in a promising gold belt. The acquisitions include the Huxter Lane and Brady properties, which host historical gold resource estimates.

Dundee Corporation reported strong Q3 2025 net earnings of $90.6 million, driven by royalty revenue from Borborema Gold Project and substantial investment gains across its mining portfolio, highlighting successful investment strategies and potential for future growth.

Dundee Corporation has acquired 36,722,569 common shares and 7,655,829 warrants of New Found Gold Corp., representing approximately 10.88% ownership on an undiluted basis and 12.86% on a partially diluted basis.

St. James Gold Corp. will have its trading reinstated on TSX Venture Exchange on July 29, 2025, after resolving a working capital deficiency by issuing unsecured notes and writing off expired debt.

New Found Gold reported positive drill results from its 2025 Work Program at the Queensway Gold Project in Newfoundland, Canada, highlighting high-grade gold mineralization at the Keats West Zone with multiple significant gold intercepts.