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West Red Lake Gold Mines Ltd. announced commercial production at the Madsen Gold Mine in Ontario, effective January 1, 2026. In December 2025, the mill averaged 689 tpd with 94.6% recoveries, producing 3,215 oz of gold.

Q4 2025 output totaled 7,200 oz, generating US$30M in revenue. For 2025, Madsen poured 20,000 oz, achieving US$73M in sales. Power Metallic Corp.'s shares increased from C$0.77 to C$1.52 in January 2026, and the company filed for an NYSE uplist.

RecycLiCo Battery Materials Inc. received construction permit approval for a lab in Delta, British Columbia, expected to be completed in early 2026. Toogood Gold Corp. confirmed a gold system at its Newfoundland project, with gold intersected in 30 drill holes. Brookmount Gold Ltd. is progressing on a spinoff of three gold properties into a new subsidiary, targeting a mid-2026 listing.