QSA's Week in Mining (#10, 2024)
Canada-US co-investment in Yukon critical minerals; Fireweed Metals Corp. receives funding.
Start Date: 2024-12-07
End Date: 2024-12-13
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Canada and U.S. Co-Invest in Critical Minerals Development in Yukon
Canada and the United States have announced a strategic co-investment to unlock critical minerals development in Yukon. Natural Resources Canada is providing up to CA$12.9 million to Fireweed Metals Corp. for pre-development activities, including infrastructure improvements and First Nations consultations. The U.S. contributes US$15.8 million for the Mactung mine project. This funding is part of the Canadian Critical Minerals Strategy, aiming to address infrastructure gaps and enhance mineral production for clean energy and defense applications.
Sources: ['Announcements: www.canada.ca']
