Jacob Lorinc

Caterpillar Inc. laid out new growth targets to boost revenue and double capital spending in a bid to capitalize on rising demand for energy to power data centers.

Rio Tinto Group and Nouveau Monde Graphite Inc. are among more than a dozen companies set to benefit from a Group of Seven initiative to strengthen access to critical minerals.

Newmont Corp. is studying a potential deal to gain control of Canadian rival Barrick Mining Corp.’s prized Nevada gold assets, people with knowledge of the matter said.

Alcoa Corp. said US tariffs on Canadian aluminum cost it $69 million more than the prior quarter, although higher domestic prices for the metal helped offset the hit.

Canadians are increasingly downbeat on the economy as a trade war with the US grinds on, putting pressure on a range of key industries.

The US Aluminum Association called for restrictions on some scrap metal in an effort to bolster a domestic supply.

Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil Jr. said back then.

Newmont Corp. paused operations at its Red Chris gold mine in western Canada following an accident that trapped three miners underground.

Shares of Northern Dynasty Minerals Ltd., the owner of Alaska’s Pebble mine project, plunged as much as 55% Thursday before paring losses.

Barrick Mining Corp. is in advanced talks to sell its last Canadian gold mine to Discovery Silver Corp., according to people familiar with the matter, as the firms seek to capitalize on the soaring price of the precious metal.