First Phosphate Locks In Offtake Deals, Export Credit Backing at G7
First Phosphate (CSE: PHOS) has used the G7 stage to formalize a cluster of investment, financing and offtake commitments that move its battery-grade phosphate ambitions closer to construction.
Cushing Crude Stocks Hit Tank Bottom Lows Not Seen Since 2014
Eight consecutive weekly draws have pushed crude inventories at Cushing, Oklahoma to just above the 20 million barrel threshold widely regarded as functional tank bottoms, the level below which the hub can barely operate. Last week’s decline of roughly 1.6 million barrels was the latest in a sustained run of losses at the facility, which […]
Trump Invokes Defense Production Act Amid Munitions Production Crisis
Concern over depleted munitions stockpiles is now driving action at the White House, after an April analysis by the Center for Strategic and International Studies concluded the U.S. may have burned through more than half its inventory of four critical munitions, Tomahawk missiles among them, during the campaign against Iran. A presidential memo dated June […]
Generation Mining Lands US$310 Million Credit Approval for Marathon Project
Generation Mining (TSX: GENM) has nearly cleared one of the last hurdles standing between its Marathon copper-palladium project and a construction start, winning credit approval for a US$310 million senior secured project finance facility. The lenders behind the facility, including Export Development Canada, ING Capital and Société Générale, have each granted internal credit approval, the […]
Guanajuato Silver Pays Down Gold Loan Installments, Leaving Lone Bullet Payment
Guanajuato Silver (TSXV: GSVR) has made a second accelerated payment against its gold loan in as many months, clearing another tranche of the obligation while gold trades below recent highs. The company repaid 1,448.7 ounces of gold to Ocean Partners UK Ltd. at a price of US$3,830 per ounce, leaning on softer spot prices and […]
Goliath Resources Targets Expansion, Motherlode Source in 50,000 Metre Surebet Drill Program
Goliath Resources (TSXV: GOT) has begun its 2026 drill campaign at the high-grade Surebet discovery, the centerpiece of its wholly owned Golddigger project in British Columbia’s Golden Triangle.
Franco-Nevada Pushes Back on Burkina Faso Judgment Nullifying Karma Gold Stream
Franco-Nevada (TSX: FNV) is contesting a court ruling out of Burkina Faso that seeks to tear up one of its longest-running gold streams. The royalty and streaming company said it had become aware of a news release from Riverstone Karma SA announcing a local court decision that purports to nullify the stream agreement tied to […]
Hanwha Ocean and Kanata Sign MOU for $15.7 Billion BC Floating LNG Project
South Korea’s Hanwha Ocean and Vancouver’s Kanata Clean Power signed a non-binding MOU for a US$15.7 billion floating LNG project near Prince Rupert.
Leaked: OpenAI Spent $34 Billion in 2025 Against $13 Billion in Revenue, With a $17 Billion Microsoft Bill
The documents surfaced days after the company quietly filed for an IPO.
US-Iran MOU: Obama’s Iran Deal Was Called ‘The Worst Ever’… But Was It, Though?
Now that the US-Iran MOU text is public, it’s worth holding it up next to the deal Trump called the worst ever. The differences are not what you’d expect.