Daily brief
The Canadian dollar fell to a 14-month low, with analysts pointing to a single key factor behind the decline. BHP announced a $2.3 billion writedown on its Canadian fertilizer project, citing challenging market conditions. In trade developments, Canada and the U.S. held detailed technical talks on the sidelines of the G7 summit, according to Prime Minister Mark Carney.
Hitachi Energy agreed to acquire Canduct, a Canadian supplier of transformer materials.
Endeavour Silver signaled a potential extension of its mine life in Mexico.
Scandium Canada continued drilling at the Crater Lake project as demand for alloys grows.
by WorldBrief & Maksim Micheliov | AI-generated summary