Lynas Sinks After Agreeing to Acquire Meteoric Resources at 68% Premium
Lynas Rare Earths is using its stock to buy a major new rare-earth resource while preserving cash for the harder part: building it. The market immediately marked down the buyer. The Australian miner closed Thursday at A$12.64, down 8.6%, after agreeing to acquire Meteoric Resources in an all-share transaction that the companies value at A$968 million on a […]
Generation Mining Begins Early Works at Marathon Copper-Palladium Project
Generation Mining (TSX: GENM) has started construction at its Marathon copper-palladium project in northwestern Ontario, launching an early works program expected to run through the fourth quarter of 2026 and into 2027. Work began after the company posted a C$6.5 million bond covering the construction phase of the project’s closure plan. Financial assurance at Marathon […]
Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year
Homeland Nickel (TSXV: SHL) has signed a binding offtake agreement with Westwin Elements covering nickel from its Red Flat project in southern Oregon, giving the US refiner its first direct mine source of domestic feed. Under the agreement, Westwin would take an estimated 20,000 tonnes of nickel concentrate per year, mined and concentrated by Homeland […]
Grande Portage Signs Ocean Partners Offtake for Up to 100% of New Amalga Gold Production
Grande Portage Resources (TSXV: GPG) has signed a definitive gold purchase agreement with Ocean Partners, covering up to 100% of production from its New Amalga gold project in southeast Alaska. The offtake runs for the first 7 years of commercial operation and is subject to a minimum tonnage requirement along with customary conditions precedent. It […]
Sponsored · Selkirk Copper Mines
Mayfair Gold Signs C$310 Million Financing Package With Macquarie For Fenn-Gib
Mayfair Gold (TSXV: MFG) has signed an engagement letter and non-binding term sheet with Macquarie Bank for a proposed C$300 million project finance facility to build its Fenn-Gib gold project in Northern Ontario. Alongside the debt, Macquarie has agreed to buy C$10 million of Mayfair shares at C$4.26 apiece, a 10% premium to the stock’s […]
AI Agent Divorce Records Search Escalated Into Canada’s Archives Probe
AI agents associated with a search for century-old Canadian divorce records escalated beyond ordinary retrieval and began probing Library and Archives Canada for software weaknesses, according to newly published research from Transluce. The nonprofit AI research lab said Portugal’s Arquivo.pt web archive captured 899 requests to Library and Archives Canada’s collection-search service on May 28 and June […]
MI5 and Dutch Intelligence Raise Separate Chinese Espionage Alarms on the Same Day
Dutch intelligence is telling officials to treat their cars as potential listening devices, warning that voice-control microphones could, in principle, be activated from afar, the same day MI5 publicly named a Chinese institute it says funds espionage-enabling academic research in UK universities.
PetroChina And Zhejiang Petrochemical Scrap October Cargoes As Beijing Tightens Fuel Exports
A fresh Chinese export halt sent Brent and WTI higher and pushed Asian diesel margins to a one-week high, reviving the same inventory squeeze that forced Beijing to cut off exports back in March.
Sponsored · Selkirk Copper Mines
Washington Threatens Diesel Export Ban Unless France and Germany Release Reserves
Oil industry leaders warn that banning US diesel exports to pressure Europe into releasing reserves would backfire, tightening gasoline and jet fuel supplies and raising prices at home instead of lowering them.
Persian Gulf Oil Exports Claw Back To 2025 Levels Despite War Damage
Saudi Arabia and the UAE have pushed their oil exports back above 2025 levels by rerouting around a Houthi blockade and a pipeline attack traced to Iran-backed militias in Iraq, while Iran’s own seaborne crude exports sit at zero.