Federal funding for New York’s US$16bn Hudson Tunnel Project has been frozen, forcing the Gateway Development Commission to suspend works from 6 February after spending over US$1bn and employing about 1,000 site workers. A Manhattan federal judge has issued a temporary restraining order, giving the administration until 5 p.m. on 12 February to restore reimbursements or appeal, while contractors warn that demobilisation, resequencing and remobilisation will add cost and delay. Sites are now in “safe-pause” mode, with dewatering, ground support and environmental monitoring maintained, and assembly of two Herrenknecht TBMs in New Jersey likely to slip beyond the planned spring 2026 launch without funding certainty.

Swiss Federal Railways has awarded an Implenia/Marti 50:50 joint venture five of six MehrSpur Zurich–Winterthur lots worth just under CHF 1.7 billion, including the 8.3 km Brüttener tunnel (Lot 240) with twin 10 m diameter single-track tubes and a 1 km spur to Zurich Airport. TBM excavation will start in August 2029, with a roughly ten-year construction phase using BIM for planning and execution and extensive special foundations, earthworks and embankments. Additional works cover full redevelopment of Dietlikon station, about 6 km of new track across Dietlikon and Wallisellen sections, multiple underpasses, bridges and the Neumühle railway bridge and Storchen underpass near Winterthur.

Gamuda Engineering has secured the Sydney Metro Stations Package West as principal contractor, covering design and construction of five new underground stations at Westmead, North Strathfield, Burwood North, Five Dock and The Bays on the 24km Sydney Metro West line between Greater Parramatta and the CBD. The scope includes deep station boxes, entrances and access points, full station fit-out and integration with surrounding precincts, with Laing O’Rourke and DT Infrastructure joining as MetroVista delivery partners. Site works are scheduled to start on Monday, 5 January 2026.

Barrick Mining has warned of “significant increases” to the capital budget and schedule for the 50%-owned Reko Diq copper-gold project in Balochistan, where Phase 1 was previously costed at US$5.6–6.0 billion and Phase 2 at US$3.3–3.6 billion, with first production targeted by end-2028. Citing escalating security risks in Pakistan and the wider region, Barrick will slow field development and extend the technical and financing review to mid‑2027, while keeping the project under “active management” with reduced capital spend. The porphyry deposit, holding an estimated 15 million tonnes of copper reserves and modelled for a 37‑year mine life, remains central to Barrick’s Tier 1 copper strategy and its long-term community commitments in Balochistan.

DP World’s London Gateway container terminal has launched procurement for a £36M main works contract to build a high-bay automated storage system dedicated to empty containers. The project will require substantial foundations, pavements and services to support stacked steel racking, automated handling equipment and associated control infrastructure within the existing port layout. Contractors will need to manage construction in a live terminal environment, integrating the new automated facility with current yard operations, utilities and heavy vehicle access routes.

Atlas Lithium’s Neves project in Minas Gerais, Brazil, has been named in the US-Japan critical minerals cooperation joint fact sheet as the only Brazil-based lithium asset under consideration for government-backed funding, following last month’s US-Japan Critical Minerals Investment Ministerial in Tokyo. The pre-production project will process ore from the Neves deposit through a dense media separation plant to produce lithium concentrate, targeting 300,000 tonnes per year. A 2025 definitive feasibility study projects an after-tax IRR of 145%, NPV of $539 million and an 11‑month payback, supported by a $30 million Mitsui & Co. investment and offtake deal.

Network Rail is deploying engineers over the Easter weekend for £75.5M of renewals while keeping most of the UK network operational, concentrating disruptive works into the four-day shutdown. The programme typically bundles track renewals, S&C replacement and overhead line upgrades at key junctions and approaches to major stations to maximise access to constrained possessions. Contractors and in-house teams will need tight possession planning, high-output track plant and pre-assembled components to deliver within the limited blockade and avoid knock-on timetable and freight path impacts.

Redevelopment of Peckham Rye Station Square in south London has started, with Bam delivering the long-awaited public realm and station forecourt upgrade for Southwark Council. Works are expected to focus on reconfiguring the station approaches, improving pedestrian circulation and step-free access, and rationalising bus, taxi and cycle movements around the interchange. For geotechnical and civil teams, key issues will include working adjacent to live rail infrastructure, managing utilities in a dense urban streetscape, and sequencing construction to maintain passenger flows.

Budimex has been selected as preferred contractor for deep foundation works on the passenger terminal of Poland’s planned Centralny Port Komunikacyjny (CPK), part of the £27bn Port Polska hub between Warsaw and Łódź. The package will focus on large-scale piling and ground improvement for the main terminal superstructure, a critical early works phase on the greenfield site’s challenging alluvial and glacial deposits. Geotechnical contractors and designers will be watching for CPK’s chosen pile types, installation methods and monitoring regimes, which are likely to set benchmarks for subsequent airside and rail interfaces.

A specially designed immersion vessel for the Fehmarnbelt fixed link has passed final safety checks and received Danish Maritime Authority approval, allowing immersed tunnel construction between Denmark and Germany to proceed after significant delay. The vessel will place the first concrete elements off Lolland this spring, a critical step for the 18km immersed tunnel that will carry both road and rail beneath the Baltic Sea. Marine operations teams can now lock in weather windows, dredging interfaces and immersion sequencing for the initial production elements.

Wheaton Precious Metals has agreed a US$4.3‑billion silver stream with BHP, securing 33% of silver output from the Antamina copper‑zinc mine in Peru, dropping to 22.5% after 100 million oz, with ongoing transfer payments fixed at 20% of spot and settlement via metal credits. In parallel, Wheaton will invest US$275 million in KGL Resources’ fully permitted Jervois copper project in Australia, taking staged gold and silver streams starting at 75% of payable production and tapering to 25% over mine life. The deals extend Wheaton’s exposure to large, long‑life base‑metal operations while diversifying into Australia.

Aggreko has signed a minimum 15‑year power purchase agreement with Harmony Gold to build and operate what is described as Australia’s largest off‑grid renewable hybrid power facility for the Eva copper project in northwest Queensland. The build‑own‑operate arrangement will combine on‑site renewables with thermal generation and battery storage to supply continuous power to the remote open‑pit operation. For mine planners and process engineers, the long‑term PPA locks in a dedicated low‑emission power source, influencing pit expansion options, processing throughput and future electrification of mobile fleets.

NG Bailey has acquired Sutton-in-Ashfield-based Engineering Solutions Group (ESG), a £30m-turnover business specialising in mechanical and electrical engineering, steel and composite fabrication, civil works and advanced water control products supplied through exclusive European partnerships. The deal targets the AMP8 water sector programme, which is set to double UK water infrastructure investment to £104bn over five years, and gives NG Bailey deeper access to clients including the Environment Agency, Severn Trent, Anglian, Welsh and Yorkshire Water. ESG’s management, brands and workforce will remain in place within NG Bailey’s Built Environment division.

Barratt Redrow has appointed GTC to deliver a site-wide smart energy system for the 576-home Cosmeston Farm scheme in Wales, targeting operational net zero carbon and outperforming the Future Homes Standard. The integrated package links networked ground source heat pumps, solar PV, home battery storage, smart controls and optimisation, grid flexibility services, and GTC-owned electricity and water networks, while still allowing residents to choose their electricity supplier. GTC will monitor whole-home energy use and local network performance, with Cardiff University independently reviewing data to verify net zero operation at scale.

Queensland’s Department of Transport and Main Roads has issued a detailed design tender for two new south-facing ramps connecting to the Sunshine Motorway at Mount Coolum, tied to an upgrade of the Sunshine Motorway–West Coolum Road interchange. The scheme must integrate with Sunshine Coast Regional Council’s planned link between Suncoast Beach Drive, South Coolum Road and West Coolum Road, creating a new local–motorway interface. Designers will need to resolve ramp geometry, weaving lengths and tie-ins to existing pavement while accommodating future council road connections.

Exploration activity across Australia’s gold and critical minerals sector is intensifying, with Kali Metals and Kairos Minerals (soon to be renamed) among juniors reporting new results. Kali has intersected shallow, high-grade gold, signalling potential for low-strip, open-pit development and relatively simple geotechnical access compared with deeper lode systems. For mine planners and drill contractors, the focus now shifts to tighter step-out drilling, resource definition, and early metallurgical testwork to confirm recoveries and guide pit shell optimisation.

Northern Star Resources’ March quarter gold sales have surged, signalling a production ramp-up across its Western Australian assets including Kalgoorlie Consolidated Gold Mines and the Super Pit. Management is positioning for record output in FY25–26 as processing throughput and mine development advance at key hubs such as Yandal and Pogo, supported by higher mill utilisation and improved grade control. For contractors and suppliers, the trajectory points to increased demand for underground development, open-pit fleet capacity, and plant optimisation services over the next 12–18 months.

Ausenco has secured an engineering, procurement and construction management (EPCM) contract for the Hillside copper project, signalling progression towards full project execution after a prolonged permitting and feasibility phase. The mandate covers process plant design, materials handling and associated infrastructure, positioning Ausenco to define key specifications for concentrator throughput, tailings management and power supply. For geotechnical and civil teams, the EPCM scope will drive final decisions on pit geotechnics, foundation systems for heavy plant and haul road geometry ahead of construction mobilisation.

Global tungsten producer EQ Resources has appointed former Newcrest chief development officer Michael Nossal as independent non-executive chair, replacing Oliver Kleinhempel from March as it advances its tungsten growth strategy. The board reshuffle comes as EQ Resources continues to position its Mt Carbine operation in Queensland and other assets in a tight global tungsten market dominated by Chinese supply. Governance stability and Nossal’s project development background will be closely watched by offtakers and financiers assessing long-term tungsten supply security.

Aggreko has signed a long-term power purchase agreement with Harmony Gold to build and operate what is billed as Australia’s largest hybrid power facility for the Eva copper mine project in northwest Queensland. The off-grid system is expected to combine high-penetration solar PV with thermal generation and battery energy storage, replacing conventional diesel-heavy supply for the planned open-pit copper operation. For mine planners and owners, the deal signals growing bankability of large-scale hybrid PPAs to cut power costs and emissions on remote greenfield sites.

More than $107 million from the latest round of the Federal Government’s Safer Local Roads and Infrastructure Program (SLRIP) will fund 42 new road projects across Australia, targeting safety and productivity upgrades. Over $91 million of this is allocated to projects on nationally significant routes, supporting works such as intersection treatments, shoulder widening and pavement rehabilitation. Designers and contractors can expect a pipeline of small to medium packages focused on reducing crash risk and improving freight efficiency on existing corridors.

Kinross Gold has lodged its $1.5 billion Lobo-Marte project with Chile’s Environmental Impact Assessment System, proposing sequential open-pit mining of the Marte and Lobo deposits in the Atacama region over a 16-year life. The plan centres on a static, six-phase heap leach pad and plant processing about 35,000 tonnes per day, supplied by freshwater piped from existing Mantos de Oro wells near Nevado Tres Cruces National Park and power from a 220 kV line. A 3.5-year build is envisaged, with production of roughly 4.7 million oz at an AISC of $680/oz, starting after La Coipa closes 50 km away.

Allied Gold shareholders have approved Zijin Gold International’s C$5.5 billion all-cash takeover at C$44 per share, giving Zijin control of the 80%-owned Sadiola mine in Mali plus the Bonikro–Agbaou complex in Côte d’Ivoire and the Kurmuk development in Ethiopia. Sadiola’s Phase 1 expansion, centred on a new comminution circuit treating higher-grade transitional and oxide ore, lifted 2025 output to 193,880 oz within group production of 379,000 oz, slightly above guidance. Allied is keeping 2026 guidance at 385,000–425,000 oz from existing mines plus 100,000–150,000 oz from Kurmuk, targeted to start up mid-2026.

National Grid has launched an £80M framework tender for installing high voltage cable circuits across its UK transmission network, seeking contractors to deliver multi-year works. The framework will cover new and replacement circuits on existing 275kV and 400kV routes, including jointing, testing and commissioning, as well as associated civil works such as ducting, trenching and cable trough construction. Bidders will need proven capability in live-network interfaces, outage-constrained programmes and compliance with National Grid’s technical specifications for high voltage cable systems.

Graham has secured places on six lots of the Procure Partnerships North West Contractor Framework, covering construction Lots 4–6 and infrastructure Lots 10–12 for public sector projects valued from £5m to over £30m. Managed by Wirral Council, the framework comprises 13 value- and category-based lots, with 53 contractors appointed following assessment against detailed technical and commercial criteria. Graham ranked first on infrastructure Lots 11 (£15m–£30m) and 12 (£30m+), positioning it strongly for medium- to large-scale regional infrastructure commissions.

Proposals to finally ban cash retentions in UK construction contracts are dissected in Re:Construction podcast Episode 199, with Bishop and Taylor weighing impacts on supply-chain cashflow, SME contractors and existing JCT/NEC payment mechanisms. The hosts also question a Whitehall plan to cut statutory consultation requirements on infrastructure and planning decisions, examining risks for project challenge and programme certainty. A lighter segment looks at plug‑in solar panels and the oddly named fuel component Fatty Acid Methyl Ester, touching on practical implications for site power and plant emissions.

An Amentum-led joint venture has been appointed to provide engineering services for the UK’s first small modular reactors at Wylfa, targeting multi-unit deployment on the former nuclear site and early integration with existing grid and marine infrastructure. In parallel, Holtec’s 300MWe SMR-300 pressurised water reactor has cleared a key UK regulatory milestone for potential installation at the former Cottam coal-fired power station in Nottinghamshire. Together, the projects signal accelerated planning for SMR-ready brownfield sites with established cooling water access and high-voltage export capacity.

Sandvik Mining has secured a large order from Aris Mining to supply underground loaders, trucks and multiple development, production and longhole drill rigs for the Marmato gold mine expansion in Colombia. The fleet will support deeper underground mining below the existing operation, where ramp haulage and high-intensity stope production will demand high-availability loading and haulage units. For mine planners and engineers, the deal signals a shift towards more mechanised, drill-and-blast stoping at Marmato, with corresponding implications for ground support, ventilation and power distribution design.

Ausenco has secured the EPCM contract for Rex Minerals’ Hillside copper-gold project on South Australia’s Yorke Peninsula, about 150 km west of Adelaide, one of the country’s largest undeveloped copper assets. The mandate covers full engineering, procurement and construction management for the greenfield operation, positioning Ausenco to define plant layout, materials handling systems and tailings and water management infrastructure. Geotechnical and civil design decisions at Hillside will be closely watched, given its scale and coastal setting with associated foundation, groundwater and environmental constraints.

Errigal Group has acquired Dungannon-based specialist joinery manufacturer Woodmarque, which has expanded its factory from 50,000 sq ft in 2019 to 130,000 sq ft and increased turnover six-fold over the past decade. Woodmarque, which produces high-volume doorsets and bespoke joinery for commercial, residential and hospitality projects across the UK and Ireland, will continue to be led by its founders, the Quinn family. The deal follows Woodmarque’s March 2024 purchase of Bristol-based Doorlining, signalling further consolidation in UK and Irish doorset and fit-out supply chains.

National Housing Bank has begun operations as a Homes England subsidiary, mandated to deploy up to £16bn in debt, equity and guarantees to support more than 500,000 homes and large regeneration and mixed-use schemes across England over the next decade. The institution aims to unlock over £53bn of private investment, working with house builders, developers, registered providers and Mayors through Homes England’s new regional model. Launch details include a £100m partnership with Aviva to deliver up to 3,300 build-to-rent homes in underinvested urban areas, starting with 300 units in Liverpool and Manchester.

Kier has awarded Kimpton a £2.4m contract to deliver mechanical, electrical and plumbing systems for the new Wythenshawe Culture Hub within the town’s Civic building, part of a £500m regeneration led by Muse and Manchester City Council. Kimpton will design and install heating, ventilation, air conditioning, smoke extraction, a building management system, internal and external lighting, small power, fire alarm, access control and public address systems. Work is scheduled to start on site in autumn 2026 and complete by mid‑2027, serving a 40‑seat cinema, 200‑seat performance space and flexible studios.

Mercedes-Benz Trucks has appointed Lancashire-based Multevo as the sixth specialist Unimog sales dealer in the UK, adding to its role in the Unimog authorised repair network since May 2024. Multevo, which supplies multi-purpose equipment to more than 40% of local authorities, most major airports and Tier 1 contractors, recently expanded its headquarters to a 2.5-acre site with a dedicated service centre and employs over 400 staff. Unimog operators will now have sales support from Multevo and aftersales coverage from 24 authorised repairers nationwide.

Senior leadership changes across major UK contractors in March 2026 include new appointments in project delivery, digital engineering and major projects portfolios at firms active on HS2, Lower Thames Crossing and large water frameworks. Several tier one contractors have restructured regional operations to tighten control of NEC4 contract risk, supply chain inflation and design–build integration on schemes above £100M. For geotechnical and civils teams, the moves signal closer central oversight of ground risk allocation, value engineering and early contractor involvement on complex infrastructure.

Ardea Resources has secured more than $1 billion in backing from Sumitomo Metal Mining and Mitsubishi Corporation to advance its Goongarrie Hub nickel–cobalt project, part of the Kalgoorlie Nickel Project in Western Australia. The partners are targeting a high-pressure acid leach (HPAL) operation treating laterite ore to produce mixed hydroxide precipitate for battery supply chains, with front-end engineering design and approvals now the key gating steps. For geotechs and process engineers, the scale of HPAL infrastructure on deeply weathered profiles will drive complex foundation design, tailings storage, and water management requirements.

Cobalt Blue has signed a consortium agreement with US-based Glomar Minerals to deploy its Australian-developed cobalt processing technology in the United States, targeting domestic production of battery-grade cobalt sulphate. The partnership centres on applying Cobalt Blue’s proprietary sulphide-to-sulphate flowsheet, originally engineered for Broken Hill-style deposits, to US feedstocks to reduce reliance on imported intermediates. For process and project engineers, the move signals potential demand for new hydrometallurgical plants, tailings handling systems and permitting work around cobalt-bearing ore bodies in the US.

NCC has secured a SEK 650 million (US$68.6 million) order from LKAB for initial concreting and groundworks on the new iron ore sorting plant at Vitåfors in Gällivare, northern Sweden. The package covers major foundation pours and site preparation for the primary sorting facilities under an existing partnering agreement between the two companies. Early geotechnical and civil decisions on bearing capacity, frost protection and heavy plant load paths will strongly influence future crusher, conveyor and stockpile layouts at this key LKAB operation.

Perpetua Resources has entered the final approval stage for a proposed US EXIM $2.7 billion financing package, including a $2.2 billion direct loan, to cover the estimated $2.58 billion initial capex for its Stibnite gold‑antimony project in central Idaho, with a board vote expected shortly after a 25‑day Congressional notice. The updated technical summary outlines a 15‑year mine life producing over 4.2 million oz gold and 106.5 million lb antimony, with a base‑case after‑tax NPV5 of $3.5 billion, 23.5% IRR and 2.4‑year payback at $3,250/oz gold.

Rolls-Royce has begun construction of an 86MWh, 43MW MTU EnergyPack battery storage facility at the Bankside project in Falkirk under an EPC contract for Voltario Helios Energy Storage, using CATL Tener battery products and backed by a 15-year full-wrap service agreement. The grid-connected system, due online in 2027 after connection later this year, is sized to support roughly 10,000 homes or a large industrial load by shifting surplus renewable generation to peak demand periods. The project feeds into the UK’s 27GW-by-2030 battery storage target and is leveraging the Scottish supply chain.

A £300M first phase of renewal at Engie and La Caisse’s Dinorwig pumped storage plant in North Wales has been approved, covering full replacement of two of the site’s six turbine‑generator sets. The works will involve removing and installing large underground units within the existing cavern powerhouse, requiring complex heavy‑lift logistics and precise interface with 1970s civil structures and water conduits. Engineers will need to manage outage sequencing to maintain grid support from the remaining four units while upgrading hydraulic, electrical and control systems to modern performance and reliability standards.

CleanTech Lithium’s pre-feasibility study for the Laguna Verde brine project in Chile sets a pre-tax NPV of $1.37 billion on a 25-year operation producing 15,000 t/y of battery-grade lithium carbonate via direct lithium extraction, with a 24.2% pre-tax IRR and roughly four-year payback. Probable reserves total 378,000 t LCE at 186 mg/L, supporting steady-state output at operating costs of $5,768/t and initial capex of $748 million, placing it in the global lower cost quartile. A 40-year CEOL, on-site lithium chloride production with conversion in Copiapó, and proximity to ports reduce permitting and infrastructure risk as CleanTech courts strategic partners.

Sandvik has secured an order from Codelco for 13 Toro® LH515i load–haul–dump loaders for the Chuquicamata Underground copper operation in Chile, with deliveries starting in March 2026 and running through to November 2027. The 15 t capacity LH515i units, designed for 4.5 m x 4.5 m headings, will support production ramp-up and fleet expansion for a new mining panel as Chuquicamata continues its transition from open pit to large-scale block caving. For mine planners and maintenance teams, the staged delivery allows progressive integration of the new LHD fleet into existing development and production schedules.

GRS has been awarded the full roads and sewers package for Persimmon Homes’ new residential scheme, The Acorns, at Pepper Lane in Standish, adding to its ongoing work at Persimmon’s Jack Walker Way site in Blackburn. With more than 60 years’ civil engineering experience, GRS will handle end‑to‑end delivery of adoptable highways and drainage infrastructure to Persimmon Homes North West’s quality and safety standards. The repeat appointment signals continued demand for contractors able to manage complete groundworks, utilities interfaces and Section 38/104‑type obligations on volume housebuilding sites.

Resolute Mining has signed a Memorandum of Understanding with Nimba Mining Company, a 100% Guinean state-owned entity, to co-develop gold projects in one of West Africa’s most prospective gold belts, under the oversight of Guinea’s Ministry of Mines and Geology. The partnership covers joint mineral resource assessment, detailed geological studies and frameworks for potential large-scale gold production, aligned with the State’s Simandou 2040 Programme. Resolute views Guinea as a candidate for its fourth mine, while NMC aims to increase local content in the national mining ecosystem.

Metso has signed a major agreement to deliver its modular VSF® solvent extraction and electrowinning (SX-EW) technology to Southern Peru Copper Corporation, one of the world’s largest copper producers. The package is expected to include Metso’s VSF® SX settlers, mixer–settlers and EW cells, integrated with process control systems to produce high-purity copper cathode from low-grade leach solutions. For process and project engineers, the deal signals continued uptake of large-scale SX-EW circuits in Peru’s heap leach operations, with implications for reagent management, phase disengagement design and long-term cathode quality control.

Key progress on the $226 million Mulgoa Road upgrade in New South Wales marks milestones on both stage one and stage two of works between Penrith and the M4 Western Motorway, a critical link into the wider Sydney motorway network. The project targets current and forecast congestion on this main access route, with staged duplication and intersection upgrades designed to increase capacity and reduce delays at key junctions. Civil contractors will be watching traffic staging, pavement design and tie-ins to existing M4 ramps as construction intensifies.

Two headline contracts worth about £3bn have been signed for Britain’s fourth high‑voltage subsea electricity “superhighway” between Scotland and England, advancing a major reinforcement of north–south transmission capacity. The deals cover manufacture and installation of long‑distance HVDC subsea cables and associated converter station equipment, forming part of the network upgrades needed to move larger volumes of Scottish offshore wind and other renewables to English demand centres. Contractors will face complex marine installation, landfall civils and grid interface works, with tight coordination around existing subsea infrastructure.

Caddick Construction is tripling its Birmingham office footprint from 900 sq ft to 2,590 sq ft at Northspring, boosting desk capacity by 80% and adding a third meeting room to support a Midlands team that has grown from 10 to more than 75 staff since 2023. The contractor now holds a £300m forward order book with a £1bn target pipeline, anchored by schemes such as Cole Waterhouse’s £43m Upper Trinity Street regeneration in Digbeth and the adjacent Stone Yard project. Current workload also includes a £28m urban logistics scheme at Foundry Business Park, Wolverhampton, and Delamere Health’s £20m addiction clinic on the former Nottinghamshire Fire & Rescue HQ site in Bestwood.

Tameside Council has launched a £54M highways maintenance framework tender aimed at upgrading carriageways, footways and associated assets across the borough, with scope for use by other Greater Manchester and neighbouring authorities. The multi-supplier framework is expected to cover routine and reactive maintenance, resurfacing, drainage works and structures repairs, favouring contractors offering innovative methods such as low‑carbon asphalts and digital asset management. Bidders will need to demonstrate capability for working under live traffic, coordinating with utilities, and delivering to tight possession windows.

Agnico Eagle Mines is taking a 14.21% non-diluted stake in Cascadia Minerals by buying 29.31 million units at C$0.26, with attached warrants that could lift its interest to 19.9%, providing about C$7.6 million of a total C$8.9 million financing. The funds will advance Cascadia’s 180 km² Carmacks copper-gold project in central Yukon, which has a 2023 PEA outlining a post-tax NPV5 of C$330 million, 38% IRR and measured/indicated resources of 651 million lb copper and 302,000 oz gold, ahead of a 15,000 m drill campaign in spring 2026. A parallel strategic alliance in Yukon’s Stikine Terrane will see Agnico fund up to C$3 million over three years per project (and potentially a further C$12 million) for 51–80% earn-ins, plus a separate Catch property deal requiring C$10 million over three years, signalling sustained funding for porphyry exploration and drilling contractors in the district.