SAAB Proposes Fighter Jet Production as Canada Reviews F-35 Contract
Swedish aerospace firm SAAB has confirmed negotiations with Ottawa and Bombardier over establishing Gripen fighter jet production in Canada, with company executives estimating the initiative could generate 10,000 jobs across manufacturing and research sectors. In an interview at SAAB’s Stockholm headquarters, President and CEO Micael Johansson said Canada could develop its own production capabilities for […]
Bitcoin On Edge As Gap From MicroStrategy Margin Call Narrows
Bitcoin is facing a tightening risk backdrop as it wipes out its yearly gains, trades below last year’s close, and becomes increasingly intertwined with fears of a MicroStrategy (NASDAQ: MSTR) margin call, shrinking ETF and treasury demand, and rising short seller interest. Charts show Bitcoin has fallen back below last year’s closing level as risk […]
Swiss Tariffs Cut to 15% After Business Leaders Present Trump With Gold Gifts
The United States agreed to slash tariffs on Swiss imports from 39% to 15% following a White House meeting where Swiss business executives presented President Donald Trump with a gold Rolex clock and an engraved gold bar. The tariff reduction, announced Friday, is a dramatic reversal after months of strained trade relations between the two […]
PBO Slams Budget 2025 As Sustained Deficits Chip Away Credibility Gap
The Parliamentary Budget Officer’s report on Budget 2025 warns that federal deficits will average $64.3 billion a year from 2025-26 to 2029-30, more than double the path set out in the 2024 Fall Economic Statement. The deficit is largely because of $87.0 billion in new day-to-day operating measures, $65.0 billion in higher provisions for liabilities, […]
Barrick Split Puts Landmark Merger With Newmont On The Horizon
Barrick Mining (TSX: ABX) is now at the center of what some investors are calling “the biggest deal in the history of gold mining,” as board-level discussions on splitting the company into two entities collide with Newmont’s (NYSE: NGT) reported focus on acquiring Barrick’s Americas portfolio. The emerging thesis is straightforward and highly leveraged to […]
Goliath Resources Extends High Grade Zone To 580 Metres In Latest Assays
Goliath Resources (TSXV: GOT) has expanded the high grade domain at their Surebet discovery following the release of assay results for four additional drill holes conducted under their 2025 summer drill program.
Denison Mines Enters Into $61.5 Million JV Arrangement With Skyharbour
Denison Mines (TSX: DML) evidently is intensely interested in Skyharbour Resources’ (TSXV: SYH) Russell Lake Uranium project in the Athabasca Basin. The two parties have entered into an arrangement that will see the property dividend into four separate projects, with joint ventures put into place on each. Russell Lake, which Skyharbour on Sunday announced it […]
DOE Announces $355 Million to Boost Domestic Critical Minerals Production
The US Department of Energy announced a $355 million funding initiative aimed at expanding domestic production of critical minerals, marking the federal government’s most significant investment in mining technology in nearly 40 years. DOE’s Office of Fossil Energy administers two programs that split the funding. The larger program allocates $275 million to pilot-scale facilities designed […]
First Majestic Q3 Earnings: Another RECORD Quarter!
It was a rough day in the market for First Majestic Silver on Wednesday following the release of their third quarter financial results, with the company seemingly unable to catch a break with the timing of their earnings releases.
Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production
How would you think a producer performed if I told you that they increased their base dividend by 25% and bumped up their share repurchase program by $500 million after reporting their Q3 results? Okay now factor into that decision the fact that the CEO was fired at the end of September by the board. […]