Tuesday, December 2, 2025

Latest

Goliath Resources Extends Bonanza Zone To 1.25 Kilometres Length In Latest Assays

Goliath Resources (TSXV: GOT) has released further assay results from their 2025 drill campaign at the Surebet discovery, part of their Golddigger property in British Columbia’s Golden Triangle. The latest results have expanded the Bonanza zone following drilling along the east-west orientation, with the zone remaining open for further expansion.

Urano Energy To Acquire Pegasus Resources In All-Stock Deal

Consolidation is underway in the uranium market, with Urano Energy (CSE: UE) announcing this morning a binding letter agreement for the acquisition of Pegasus Resources (TSXV: PEGA) under an all-stock arrangement. The strategic rationale for the combination is centered on Urano’s I-70 Uranium project in Emery County, Utah. That project will see the additional of […]

Copper Hits Record High Amid Supply Shortage Warnings

Copper surged to a record high Friday as warnings from a major industry conference intensified concerns that accelerating US imports could drain inventories worldwide. Kostas Bintas, head of metals at commodity trading giant Mercuria Energy Group, told an industry gathering in Shanghai that accelerating flows of copper to the United States threaten to deplete inventories […]

Nearly Ten-Hour CME Halt Sparks Canceled Silver Buy Orders Claims

A reported 10-hour CME halt in silver coincided with standing COMEX silver futures buy orders being canceled, and the next inventory datapoint that gained traction showed a double-digit million-ounce swing driven overwhelmingly by reclassification adjustments. Observers are noting that the halt was allegedly made by the exchange, amplifying the core allegation that resting orders did […]

Black Friday Spending Surge Masks Declining Consumer Purchasing Power

American shoppers broke spending records during Black Friday 2025, but the numbers reveal a troubling reality: consumers paid more to buy less as inflation and tariffs continued to erode purchasing power. Online sales reached $11.8 billion on Black Friday, marking a 9.1% increase from 2024, according to Adobe Analytics. Consumers spent $6.4 billion on Thanksgiving […]

Tether Abandons $500M Uruguay Mining Plan Over Energy Costs, Lays Off 30 Workers

Cryptocurrency company Tether confirmed last week that it will cease Bitcoin mining operations in Uruguay and dismiss 30 of its 38 employees after failing to secure competitive energy rates from state authorities. The withdrawal ends the company executives’ vision of a $500 million renewable energy-powered mining hub in South America. Tether launched the Uruguay venture […]

OPEC+ Holds Steady on Output as Markets Rally on Supply Fears

OPEC+ left its oil production quotas unchanged on Sunday, deciding to maintain current output levels through the first quarter of 2026. The group adopted a new mechanism to assess each member’s maximum oil-production capacity. It said that the results, to be compiled between January and September 2026, will serve as reference baselines for 2027 quotas. […]

BC Industry Coalition Urges Eby, Carney To Pause DRIPA

A BC Resource Sector Coalition says current federal and provincial policymaking has become unpredictable enough to justify an immediate pause on all implementation and action under Declaration on the Rights of Indigenous Peoples Act (DRIPA). In a letter addressed to BC Premier David Eby and Prime Minister Mark Carney, the coalition said it speaks for […]

ChatGPT to Add Advertising, Beta Code Reveals

OpenAI has begun internal testing of advertising capabilities within ChatGPT, introducing commercial content to an AI assistant that has operated ad-free since launching in late 2022. A beta version of ChatGPT’s Android application contains code references that reveal the company is developing ad-related features, including search advertising and content promotion tools. The discovery comes as […]