Altius Minerals Q4 2025: Revenue Jumped But Earnings Declined On Realized Gains
Altius Minerals Corporation (TSX: ALS) delivered a mixed but ultimately stronger 2025 financial profile, with full-year revenue falling to $53.7 million from $58.2 million in 2024. However, Q4 2025 revenue rose to $14.1 million from $11.7 million in Q4 2024. The company said higher potash and base metal prices, copper stream deliveries and renewables growth […]
Instagram Goes Down Worldwide as Thousands Report App Failures, DM Outages
Instagram suffered a widespread outage on Wednesday morning, with more than 10,000 users flooding outage-tracking site Downdetector with reports of app failures and direct messages that refused to send. Reports began spiking around 2:48 AM UTC, with complaints concentrated in major US cities including New York, Chicago, Washington, Phoenix, Dallas, Boston, and San Francisco. Users […]
Franco-Nevada Reports 2025 Record Revenue, Cash Flow On Precious Metals Run
Franco-Nevada (TSX: FNV) reported Q4 2025 revenue of $597.3 million, up from $321.0 million last year as GEOs sold jumped to 41,656 ounces versus 120,063. Full-year, revenue climbed to $1.82 billion from $1.11 billion on 519,106 GEOs versus 463,334. Breaking it down, precious metals generated $1.55 billion of the 2025 revenue, up from $853.0 million, […]
Japan to Release 80 Million Barrels of Oil from Reserves Amid Global Energy Crunch
Japan is set to release approximately 80 million barrels of crude oil from both private and state reserves, marking a significant move to stabilize global energy markets under pressure. The announcement, detailed by the country’s Industry Ministry, underscores Tokyo’s response to tightening supply conditions and soaring prices in 2026. Prime Minister Fumio Kishida confirmed that […]
Collective Mining Secures Final Land Rights For Guayabales In $44 Million Deal
Collective Mining (TSX: CNL) has cleared a major strategic hurdle by acquiring the remaining surface rights needed for its Guayabales project in Colombia. The move effectively de-risks the site for future development, providing the company with the ability to move toward underground exploration and eventual production. Total consideration under the transaction amounts to US$44.0 million, […]
Canada Explores Oil Supply Boost Amid War-Driven Market Chaos
The Canadian government and domestic oil producers are weighing the delay of critical refinery and pipeline maintenance as part of an emergency strategy to maximize crude supply amid global market volatility. The move to postpone “turnarounds”—regularly scheduled shutdowns for equipment upgrades and safety checks—could temporarily keep hundreds of thousands of barrels of oil flowing that […]
Frontera To Sell Colombian Upstream Portfolio To Parex For $750 Million
Frontera Energy (TSX: FEC) has again entered into a definitive agreement to divest its entire Colombian upstream portfolio. The deal, which sees the company transitioning toward a specialized infrastructure model, involves the sale of its Colombian exploration and production assets to Parex Resources (TSX: PXT) for an implied value of $750 million, and comes after […]
US Strikes Iranian Vessels Near Hormuz Strait, Citing Unverified Mine Threat
The US military struck and destroyed 16 Iranian naval vessels near the Strait of Hormuz on Tuesday, acting on what American officials described as intelligence indicating Iran was preparing to deploy mines in the waterway — though the mine-laying itself has not been independently verified, and the White House offered conflicting accounts of the situation […]
NDP MP Lori Idlout Defects to Liberals, Narrowing Gap to Majority
NDP MP Lori Idlout, representing Nunavut, has crossed the floor to join the Liberal Party, marking a significant shift in the Canadian political landscape. This defection brings the Liberals within striking distance of a majority in the House of Commons, with just two more seats needed to secure control. Idlout’s move, confirmed by NDP Leader […]
IEA Proposes Record-Breaking Oil Reserve Release to Stabilize Global Markets
The International Energy Agency has put forward a historic proposal for the largest coordinated oil reserve release in its history, aiming to ease mounting pressure on global energy markets. The plan, circulated during an emergency meeting of member countries, would surpass the 182 million barrels released in 2022, marking an unprecedented response to supply concerns. […]