Ontario Suspends Immigration Stream, Returns All Applications Amid Fraud Concerns

Ontario has shut down a key immigration pathway for skilled tradespeople and returned all pending applications after an internal review uncovered widespread fraud, officials announced last week. The Ontario Immigrant Nominee Program suspended its Express Entry Skilled Trades Stream and will refund application fees to all affected candidates. Officials found they could not reliably verify […]

Canada Announces Major Funding Increase for European Space Agency Programs

Canada announced this week it will increase its investment in European Space Agency programs by $528.5 million over the next three to five years, marking a tenfold increase in contributions as Prime Minister Mark Carney’s government pursues closer ties with European allies amid shifting global trade relationships. Industry Minister Mélanie Joly made the announcement at […]

Elliot Investment’s Stake Puts Pressure On Barrick Mining Strategy

Elliott Investment Management’s arrival as a top-ten shareholder with an estimated stake of at least US$700 million puts immediate pressure on Barrick Mining (TSX: ABX) to sharpen strategy, narrow its geographic risk and consider structurally separating its North American operations from its African and Asian portfolio. Barrick shares rose about 1.5% in trading on Tuesday […]

Aya Gold Set To Sell 2.5 Million Silver Equivalent Ounces In Concentrate From Boumadine

Aya Gold & Silver (TSX: AYA) has already begun to monetize their Boumadine asset, with the company this morning announcing the start of commercial production on site. But rather than coming from new mining efforts, commercialization is focused on a historical flotation stockpile of pyrite concentrate that is said to be rich in precious metals. […]

UK Military Bans Classified Talk in Vehicles Over Chinese Espionage Fears

The UK Ministry of Defence has instructed personnel to stop discussing classified matters inside official vehicles, citing espionage risks from Chinese surveillance technology, according to reports published this week. Warning stickers now appear on dashboards across hundreds of vehicles in the ministry’s “white fleet,” which transports troops and equipment. The stickers read: “MOD devices are […]

Bitcoin Price At Six-Month Low, Triggering Liquidation Surge And Losses

The crypto ecosystem is experiencing a sharp unwind of leveraged positions, with liquidations exceeding $800 million in the past 24 hours and total market-cap losses approaching 30% since October 6. The flagship asset bitcoin has dropped below key thresholds, for instance slipping under $93,000 for the first time since May. Data from FXStreet show roughly […]

Indonesia Launches Export Duties In A Soft Start Towards Gold Nationalization

Indonesia is using a new tiered export duty on gold to pursue a rather ‘soft’ nationalization of the metal, redirecting value from miners and traders toward domestic processing, financial markets, and the government balance sheet. The Ministry of Finance plans to introduce the gold export duty by the end of next year, with the framework […]

Venezuela Mobilizes 200,000 Troops as US Labels Cartel Terrorist Group

Secretary of State Marco Rubio announced Sunday that the United States will designate Venezuela-based Cartel de los Soles as a Foreign Terrorist Organization, effective November 24, as tensions between Washington and Caracas reach their highest point in years. The designation came hours after the USS Gerald R. Ford, the world’s largest aircraft carrier, entered the […]