Trump Administration to Funnel Hundreds of Billions Into Nuclear Power Plants
The Trump administration plans to direct hundreds of billions of dollars in federal loans toward building new nuclear power plants, Energy Secretary Chris Wright announced Monday, marking the government’s most ambitious push yet to expand atomic energy production. Wright told attendees at the American Nuclear Society conference in Washington that nuclear power will receive the […]
Ford Says F-150 Lightning Production Will Resume, But Offers No Timeline
Ford Motor Co. (NYSE: F) says it will resume production of its all-electric F-150 Lightning pickup truck but has not specified when, following reports last week that executives were considering scrapping the vehicle entirely. The automaker said in a statement Sunday that the Lightning remains “the best-selling electric pickup truck in the US” despite mounting […]
The “Ugly” Part Of The Budget 2025, According To A Liberal MP
Liberal MP Nathaniel Erskine-Smith highlighted a pointed criticism of the Budget 2025—a new fossil-fuel subsidy for LNG facilities and cuts exceeding $2.5 billion to international development aid over four years. “If there’s a business case for LNG, there’s a business case. We don’t need more public dollars chasing fossil fuels,” he said, adding that the […]
Sam Altman Denies Federal Guarantees Letter Shows OpenAI Requested
A formal letter sent by OpenAI to the White House in late October sought federal financial support for AI infrastructure, contradicting statements made days later by CEO Sam Altman that the company wants no such government backing, according to documents and reports reviewed this week. The 11-page document, submitted to the White House Office of […]
Orla Mining Q3 2025: Revenue Jumps On Musselwhite Lift, Gold Price Surge
Orla Mining (TSX: OLA) reported its Q3 2025 results with revenue up 177% to $275.0 million from last year’s $99.3 million as ounces sold more than doubled and the average realized gold price rose 38% year over year. Gold sold rose to 78,857 ounces from 38,265 ounces in Q3 2024, helped by a second full […]
Tether Focused On Gold, Hires HSBC Metals Chiefs As Holdings Top $12B
Tether is reportedly hiring HSBC’s top metals executives, underscoring the stablecoin issuer’s shift from a Treasury-heavy reserve base toward a material gold allocation. People familiar with the matter say HSBC’s global head of metals trading Vincent Domien and EMEA head of precious metals origination Mathew O’Neill are set to join Tether in the coming months. […]
Carney to Announce Second Round of Fast-Track Infrastructure Projects
Prime Minister Mark Carney will unveil the second round of Canada’s fast-track infrastructure initiative on Thursday, announcing major mining and energy projects worth billions in investment as the country seeks to reduce economic dependence on the United States amid ongoing trade tensions. Carney confirmed the announcement to reporters on Monday in Fredericton, following meetings with […]
Hudbay Minerals Sees Earnings Jump Despite Revenue Drop In Q3 2025, Thanks To Impairment
Hudbay Minerals (TSX: HBM) reported Q3 2025 revenue of $346.8 million, down 29% year over year from $485.8 million as Manitoba wildfires, a nine-day Peru interruption, and the deferral of a 20,000-tonne copper concentrate shipment suppressed sales volumes. Cost of sales declined to $281.5 million from $346.0 million a year earlier, but the revenue decline […]
NexGen Energy Expands High Grade Subdomain At PCE With Latest Assays
NexGen Energy (TSX: NXE) has intersected additional high grade mineralization at their Patterson Corridor East discovery in Saskatchewan’s Athabasca Basin. The company this morning released assay results from additional drill holes conducted under a recent exploration program. “Today’s assay results from PCE represent further validation of this new discovery. The PCE discovery and drilling program […]
PMET Resources Acquires 10 Kilometres Of Additional Greenstone Trend In James Bay Region
PMET Resources (TSX: PMET) has substantially increased their claim holdings in the James Bay region of Quebec. The company has entered into an arrangement with Azimut Exploration (TSXV: AZM) to acquire the Pikwa property, which is contiguous to PMET’s flagship Shaakichiuwaanaan property. Found to the immediate west of Shaakichiuwaanaan, the Pikwa property consists of 509 […]