‘Big Short’ Investor Michael Burry Shuts Down Scion Asset Management
Michael Burry, the investor who famously predicted the 2008 housing market collapse, has deregistered his hedge fund Scion Asset Management with federal regulators, sparking speculation about his next move and the state of financial markets. The Securities and Exchange Commission’s database shows Scion Asset Management’s registration status changed to “terminated” effective November 10. The firm […]
Elemental Altus Raises Revenue & Output Guidances On Strong Q3 2025
Elemental Altus Royalties (TSXV: ELE) reported an increase in Q3 2025 revenue and profitability, with total revenue rising to $6.9 million, up 84% from $3.7 million in Q3 2024. Adjusted revenue reached $8.2 million, up 70% from $4.8 million. Net profit also climbed to $1.4 million from $0.6 million a year earlier, and adjusted EBITDA […]
Crypto Cold War: China Accuses US of $13 Billion Bitcoin Theft
China’s cybersecurity agency has accused the United States government of orchestrating a massive cryptocurrency theft, escalating tensions between the two nations over a $13 billion Bitcoin seizure tied to a Cambodian fraud network. The Chinese National Computer Virus Emergency Response Center alleged in a report released last week that American intelligence agencies conducted a “state-level […]
i-80 Gold Remains In The Red Despite Doubling Q3 2025 Revenue
i-80 Gold (TSX: IAU) reported Q3 2025 revenue was up 178% year over year to $32.0 million from $11.5 million as gold ounces sold nearly doubled and the average realized gold price rose. Gold sales rose to 9,368 ounces from 4,740 ounces, a 98% increase, and the consolidated average realized gold price increased 40% to […]
G Mining Lifts Margins In Q3 2025 On Stronger Tocantinzinho Output
G Mining Ventures (TSX: GMIN) posted a 276% year-over-year jump in Q3 2025 revenue to $161.7 million from $43 million driven by record throughput, higher grades, stronger recoveries and lower unit costs at Tocantinzinho as gold prices also strengthened. Gold sales rose to 49,119 ounces from 17,144 ounces a year earlier, and the average realized […]
Ivanhoe Electric Obtains Approval For $200 Million Credit Facility For Santa Cruz Copper
Ivanhoe Electric (TSX: IE) has secured further funding in support of their flagship Santa Cruz Copper Project in Arizona. The company this morning indicated that it has secured credit approvals for a US$200 million senior secured multi draw bridge facility from a syndicate of lenders. “As we advance toward breaking ground in 2026, Santa Cruz […]
Vizsla Copper To Acquire Palmer VMS Project In Alaska For Up To $30 Million
Vizsla Copper (TSXV: VCU) is stepping out of British Columbia. The company this morning indicated that it has entered into an arrangement to acquire the Palmer VMS Project from American Pacific Mining Corp (CSE: USGD). The Palmer project, found in southeastern Alaska, is said to be an advanced stage critical minerals project, which contains high […]
Bessent Walks Back Trump’s $2,000 Tariff Dividend Announcement
President Donald Trump promised Sunday that Americans would receive dividend payments of at least $2,000 funded by tariff revenue, but Treasury Secretary Scott Bessent said hours later he has not discussed the idea with Trump and no formal proposals exist. Trump wrote on Truth Social that the payments would go to all Americans except “high […]
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 […]