Beijing Eyes Expanding Strategic Copper Reserve, Adding Concentrates
China may expand its copper stockpile as a strategic minerals security measure after its state-backed industry group urged the government to grow reserves and coordinate inventory building with state producers. At an annual briefing on Tuesday, the China Nonferrous Metals Industry Association called for an expanded strategic reserve of copper and for collaboration with major […]
Gold Prices Are High, Experience Matters | Rob McLeod
In this conversation with Rob McLeod, the new CEO of Ascot Resources (TSXV: AOT.H), we dig into what this precious metals bull market really means from the perspective of someone who has lived through multiple cycles.
Why Strategy’s $12B Loss Looks Worse Than The Headlines
Strategy (NASDAQ: MSTR) just printed an unusually large Q4 2025 loss stack, with results dominated by mark-to-market treatment on digital assets. The company reported an operating loss of $17.4 billion for Q4 2025, versus an operating loss of $1.0 billion in Q4 2024. Management attributed the Q4 2025 operating loss to an unrealized loss on […]
EU, US Fast-track MoU To Harden Critical Minerals Supply
The EU, US, and Japan agreed on Wednesday to accelerate a two-part partnership aimed at strengthening critical minerals supply chain resilience and economic security, with the EU and US committing to conclude an MOU within the next 30 days. The first component is the forthcoming understanding focused on critical minerals supply chain security, with the […]
Canadian Employment Insurance Payments Surge 32% as Cumulative Deficit Grows
Employment Insurance benefit payments in Canada jumped 32.5% in November 2025 compared to the same month a year earlier, reaching $2.306 billion as unemployment pressures mounted across the country. The November increase brought total EI benefit spending from April through November 2025 to $17.857 billion, up 17.7% from the previous fiscal year. Canada’s unemployment rate […]
Canada’s Energy Minister Argues for New Pipeline to Pacific Coast
Canada’s Energy and Natural Resources Minister Tim Hodgson argues demand from Asian customers supports building another oil pipeline from Alberta to British Columbia’s northern coast, despite strong opposition from First Nations leaders who call the proposal a betrayal of Indigenous rights. Hodgson told reporters this week that Indian refiners currently purchase small quantities of Canadian […]
US Embassy Cuts Off Polish House Leader After His Jab On Trump’s Nobel Bid
The US-Poland relationship hit a new low on Thursday when US ambassador Tom Rose publicly announced the embassy would have “no further dealings, contacts, or communications” with Włodzimierz Czarzasty, the Speaker (Marshal) of the Sejm, effective immediately. The trigger was Czarzasty’s refusal to support a coordinated effort to nominate President Donald Trump for the 2026 […]
Canada Orders Federal Workers Back to Office Four Days Weekly
Federal public servants will spend four days each week in government offices beginning this July under new rules announced Thursday, while senior executives face full-time attendance starting in May. Bill Matthews, Treasury Board secretary, informed deputy ministers that the government intends to expand workplace presence requirements. Executives will report to offices five days weekly, effective […]
Ottawa Tightens Auto Import Credits To Keep Plants Home
Canada is reworking auto trade access and incentives to keep assembly plants and jobs in-country as US tariff pressure squeezes Canada’s export-heavy auto base, where over 90% of Canadian-made vehicles and 60% of Canadian-made parts are shipped to the US. Prime Minister Mark Carney’s recently announced auto strategy commits to strengthening Canada’s automotive remission framework […]
Rio Tinto, Glencore End Merger Talks After Failing to Agree on Terms
Mining giants Rio Tinto (ASX: RIO) and Glencore (LON: GLEN) ended talks Thursday on what would have created the world’s largest mining company, with both sides unable to reach agreement on valuation and governance. Rio Tinto announced it concluded negotiations after determining the proposed terms would not create sufficient shareholder value. The announcement arrived just […]