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Canada and U.S. Department of Defence invest $35M in the Yukon's Mactung mine

Summary by CBC News
Canada and the U.S. have announced joint funding for a mine that contains one of the largest tungsten deposits on earth.

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The Epoch TimesThe Epoch Times

Canada, US Defence Department Pledge $22M for Yukon Tungsten Mine

Tungsten mined in the Yukon could soon supply U.S. artillery following a joint funding pledge from Ottawa and the U.S. Department of Defense. Ottawa announced on Dec. 13 a $12.9-million investment in Fireweed Metals Corp. for the Mactung mine, located on the border of Yukon and the Northwest Territories. The project will also receive US$15.8 million (roughly CAD $22.1 million) from the U.S. Department of Defense, the release said. The funding wi…

·New York, United States
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Yukon NewsYukon News

Yukon mining company's tungsten project gets millions from Canada and U.S. governments

Fireweed Metals gets $35 million for pre-construction work on Mactung project on Yukon-N.W.T. border

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stocktitan.netstocktitan.net

Guardian Metal's Nevada Tungsten Mine Shows Exceptional 1.50% Grade in Due Diligence Results

Guardian Metal Resources reveals promising high-grade tungsten findings at Tempiute Mine, with additional silver, molybdenum, and zinc discoveries as acquisition moves forward.

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Australian National ReviewAustralian National Review

Australian National Review - Canada, US Defence Department Pledge $22M for Yukon Tungsten Mine

Tungsten mined in the Yukon could soon supply U.S. artillery following a joint funding pledge from Ottawa and the U.S. Department of Defense. Ottawa announced on Dec. 13 a $12.9-million investment in Fireweed Metals Corp. for the Mactung mine, located on the border of Yukon and the Northwest Territories. The project will also receive US$15.8 million (roughly CAD $22.1 million) from the U.S. Department of Defense, the release said. The funding wi…

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PLANTPLANT

Canada and U.S. to co-invest up to C$35.4M in critical minerals in the Yukon

Canada and the United States are co-investing in critical minerals projects in Canada and working to strengthen supply chains. On Dec. 13, Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, announced a co-investment with the United States in the Canadian mining company Fireweed Metals Corp. (Fireweed). Fireweed will receive up to CA$12.9 million (approximately US$9.2 million) from Natural Resources Canada for its North Canol …

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Canadian ManufacturingCanadian Manufacturing

Canada and the U.S. co-invest in critical minerals in the Yukon - Canadian Manufacturing

OTTAWA — Canada and the United States are strategically co-investing in important critical minerals projects in Canada and working to strengthen supply chains. Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, announced a co-investment with the United States in the Canadian mining company Fireweed Metals Corp. (Fireweed). Fireweed will receive up to CA$12.9 million (approximately US$9.2 million) from Natural Resources Canada…

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Canadian Manufacturing broke the news in on Monday, December 16, 2024.
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