Virginia Governor Vetoes Cannabis Bill After Legislature Rejects Her Amendments
Virginia Gov. Abigail Spanberger vetoed the bills that would have finally opened a regulated retail marijuana market in the commonwealth, wiping out a projected $400 million annual revenue stream and pushing any new attempt to the 2027 legislative session — all while a government shutdown deadline closes in on June 30. The veto followed the […]
LIV Golf Lays Groundwork for US Bankruptcy Filing After Saudi Fund Pulls Backing
LIV Golf is preparing for a potential US bankruptcy filing after Saudi Arabia’s Public Investment Fund pulled its backing from the breakaway league, according to Bloomberg reporting. If no new money materializes before the current season wraps in late August, the league is set to dissolve. The PIF’s exit is the decisive blow. Saudi Arabia’s […]
Kevin O’Leary Makes $28-Lunches A Lesson On Gen Z Financial Literacy
Financial commentator Kevin O’Leary’s complaint about a $28 lunch lands on a larger financial fault line for young workers: the first dollars after payday are being fought over by rent, debt, food inflation, lifestyle spending, and the investment account that often gets funded last. The Shark Tank investor used the lunch receipt as a simple […]
How Do Trump Stock Filings Expose Big Tech Conflict Questions
President Donald Trump’s stock disclosures have turned Big Tech exposure into a White House ethics problem as they show presidential money moving through companies sitting directly under presidential power. The most explosive slice is a Yahoo Finance tally, circulated through market trackers, showing Trump made 94 trades tied to the “Magnificent Seven” in the first […]
ConocoPhillips Sees Qatar LNG Delays in Months, Not Years
ConocoPhillips told the Flame conference in Amsterdam that its two joint ventures with QatarEnergy are pressing ahead, and that any war-linked slippage in Qatar’s massive LNG buildout will likely be measured in months — not years. “North Field East, North Field South JVs are ongoing now, and whilst we might see some delays, they are […]
157 Tons by 2028: Ghana Pushes Miners to Triple Doré Deliveries to Central Bank
Ghana’s central bank is pushing its largest gold producers to hand over nearly a third of their annual output, raising the mandatory quota from 20% to 30% as Accra races to build reserves that still sit well short of its 2028 target. The three miners in the crosshairs — AngloGold Ashanti Plc, Gold Fields Ltd., […]
Power Metallic Pushes Deeper Into Saudi Arabia With Amaar Mining Tie-Up
FULL DISCLOSURE: The Deep Dive is long the equity of Power Nickel. Power Metallic Mines (TSXV: PNPN) has signed a strategic alliance and joint venture framework agreement with Amaar United Mining Company, extending the explorer’s reach into Saudi Arabia’s increasingly competitive mining sector. The agreement sets up a 50/50 partnership to chase future Saudi mining […]
Agnico Eagle Greenlights Hope Bay, Targeting 400,000+ Ounces of Annual Gold Production
Agnico Eagle Mines (TSX: AEM) has pulled the trigger on its long anticipated Hope Bay project, approving a development decision that puts one of the largest new gold mines in Nunavut on track for first production in 2030. The decision follows a preliminary economic assessment released Tuesday that outlines an underground operation feeding a 6,000 […]
SSR Mining Exits Hod Maden In Exchange For 4% Royalty
SSR Mining (TSX: SSRM) is walking away from Türkiye for good, agreeing to sell its 20% stake and operatorship in the Hod Maden gold-copper development project to Lidya Mines in exchange for an uncapped 4.0% net smelter return royalty on the entire project. The deal closes the book on a build out the company sunk […]
SEC Prepares to Let Crypto Platforms Trade Tokenized Stocks Without Full Broker Registration
The Securities and Exchange Commission is preparing to release an “innovation exemption” that would allow blockchain-based platforms to offer trading in tokenized versions of publicly traded US stocks without requiring full broker-dealer registration, Bloomberg reported, citing people familiar with the matter. SEC Chair Paul Atkins has been driving the push under a broader agency initiative […]