Critical Minerals

TORONTO – October 31, 2026 -- Blue Moon Metals Inc. (TSXV: MOON; NASDAQ: BMM) has terminated its proposed acquisition of a portfolio of 33 tungsten and antimony projects in the western United States, ending a deal first disclosed in a news release dated August 11, 2026.

Blue Moon and the vendor end the portfolio deal by mutual consent

The private owner and Blue Moon agreed to end the arm's-length transaction under the terms of the letter agreement dated August 10, 2026. The source gives no financial terms for the deal and no reason for the termination.

Blue Moon completes its move from British Columbia to Ontario effective October 23, 2026

The company's corporate continuance from the Business Corporations Act (British Columbia) to the Business Corporations Act (Ontario) took effect on October 23, 2026. Blue Moon filed new articles and by-laws with the Ontario ministry, replacing its prior notice of articles and articles.

ABU DHABI – October 30, 2026 -- Falcon Capital Investments Limited, part of the Falcon Family Office Group, is investing in Pont Capital and will become a strategic shareholder in the London-based energy and natural resources investor.

Pont Capital invests across four energy and resource segments

Pont Capital allocates capital across private and public markets in traditional energy, low-carbon power, sustainable infrastructure and critical minerals. The announcement gave no stake size or transaction value.

Falcon Capital cites electrification, data centres and mineral scarcity as demand drivers

Falcon Capital describes the sector as entering a new supercycle. It points to rising power demand from electrification and the growth of data centres, a renewed premium on energy security, and tightening supply of critical minerals. These pressures, it says, are set to redirect global capital for decades.

MONTREAL – October 29, 2026 -- Natural Resources Canada has approved C$1,215,185 for PMET Resources Inc. to upgrade the access road serving its Shaakichiuwaanaan lithium project in Quebec's Eeyou Istchee James Bay region.

NRCan funding targets 20 kilometers of road to the Trans-Taiga corridor

The money comes from NRCan's First and Last Mile Fund (FLMF). The application was approved under the Critical Minerals Infrastructure Fund, which has been integrated into the FLMF. The contribution goes to Innova Lithium, a wholly owned PMET subsidiary.

The project will upgrade about 20 kilometers of PMET's 100%-owned road linking the Trans-Taiga Road to the property. The upgrade is meant to improve the road's reliability and capacity for increased mining activity. The property is already accessible year-round by all-season road and sits near regional hydroelectric power infrastructure.

CALGARY – October 29, 2026 -- Grounded Lithium Corp. (TSXV: GRD) has filed a pre-feasibility study for the Kindersley Lithium Project (KLP) reporting an NPV8 of C$125 million and an after-tax IRR of 11% for a first phase covering only 13% of the project area.

Stantec study for Grounded Lithium and Denison is dated June 26, 2026

The NI 43-101 technical report, "Kindersley Lithium Project – Phase 1 Pre-Feasibility Study," was prepared by Stantec Consulting Ltd. for GLC and its project partner Denison Mines Corp. It follows a company news release dated October 13, 2026. The PFS rests on a considerably smaller land base than the 2023 PEA. The KLP resource base totals about 1.0 million metric tonnes of lithium carbonate equivalent, combining Mineral Reserves with Measured and Indicated Resources.

Montreal – October 29, 2026 -- Strategic Resources Inc. (TSXV: SR; FSE: UI8) has scheduled its next Annual General Meeting of Shareholders for December 16, 2026, at 9:00 am EDT in Montreal, and said board member Michael Moore has resigned.

Moore leaves the board after serving on several committees

Moore sat on a few Board committees before stepping down. The company did not give a reason for the resignation or name a successor in the announcement. CEO Sean Cleary signed the release.

Vanadium, iron and titanium developer carries two main assets

Strategic Resources describes itself as a critical mineral developer focused on vanadium, high-purity iron and titanium. Its main projects are the construction-ready BlackRock Project in Quebec and the previously operated Mustavaara Mine in Finland.

Boston – October 29, 2026 -- Demand for key critical minerals will reach roughly 120% to 250% of forecast supply through 2040, and industrial companies are underestimating their exposure, according to a Boston Consulting Group (BCG) report. BCG's proprietary model covers rare earths, graphite, copper and lithium. The report, "Why Critical Mineral Shortages Are a CEO Issue," says three blind spots in standard risk metrics hide where the danger sits.

Gallium market under $350 million underpins $3.5 trillion of products

BCG calls the most overlooked inputs "mosquito minerals": their traded value is so small that they never reach a risk register. Gallium is traded in a market worth under $350 million a year, with production of about 900 tons. BCG estimates about $3.5 trillion of final products depend on it.

VANCOUVER – October 28, 2026 -- Purecore Metals Inc. (CSE: PURE) has published a report that cites Sprott scenarios of cumulative uranium supply deficits of roughly 700 million to 1.7 billion pounds of U3O8 through 2040. The report, titled Uranium and the AI Power Boom, sets those scenarios against rising electricity consumption from artificial intelligence and data centre infrastructure.

It draws on the IEA, IAEA, U.S. Energy Information Administration, Sprott Asset Management and Cameco. The central argument is a timing mismatch: AI infrastructure is built quickly, while new uranium mines take far longer to bring into production.

DENVER – October 27, 2026 -- Export Finance Australia (EFA) and the National Reconstruction Fund Corporation (NRFC) have conditionally approved up to A$180 million (US$126 million) for Energy Fuels' Donald Rare Earth and Mineral Sands Project in Victoria, Australia. The commitment is part of a proposed A$200 million senior project finance debt facility for Phase 1 construction. Energy Fuels now targets a final investment decision (FID) by the end of 2026.

Government lenders cover A$180 million of the A$200 million debt package

The facility comprises up to A$70 million from EFA and up to A$110 million from NRFC. Commercial lenders are expected to provide the remaining A$20 million. The EFA and NRFC tranches carry a 10-year tenor from financial close, with interest priced at BBSY plus a margin.

Geneva – October 17, 2026 -- Gécamines, the Democratic Republic of Congo's state-owned mining enterprise, has finalized an offtake agreement for Kipushi zinc concentrate, with up to 240,000 tonnes to be marketed over the next two years, Mercuria announced.

Gécamines and Mercuria joint venture to market Kipushi output

Gécamines will sell the volumes through its joint venture with Mercuria. The multi-year agreement allows for potentially higher volumes after the initial two-year period and sets a strategic focus on Western supply chains.

The deal marks Gécamines' entry as a major exporter of zinc concentrate to international markets. Mercuria will contribute its global trading capabilities, logistics expertise and market access to connect Kipushi's production with international customers.

Toronto – October 16, 2026 -- Vale Base Metals (VBM) has completed the transaction that makes Exiro Nickel Company the new owner and operator of the Thompson Mine Complex in Manitoba, Canada, backed by a commitment to invest up to US$200 million (approximately CAD$280 million) in the operation.

Exiro, Orion and Canada Growth Fund take 81.1% of Exiro Nickel

Exiro Minerals Corp., Orion Resource Partners LP and Canada Growth Fund Inc. collectively hold 81.1% of Exiro Nickel. VBM, through its subsidiary Vale Canada Limited, retains an 18.9% minority interest. All customary regulatory and government authorizations have been received.

VBM secures multi-year offtake for Thompson nickel concentrate

VBM has entered into a multi-year offtake agreement for nickel concentrate produced at the Thompson mill. Together with the retained equity stake, the agreement keeps VBM tied to Canadian nickel supply from Manitoba.