Oil and Gas Executives Tell Carney Economy ‘Moving Wrong Direction’

Nearly 200 Canadian oil and gas executives signed an open letter to Prime Minister Mark Carney demanding sweeping regulatory changes they say are needed to unlock the country’s energy potential and reverse economic decline. The letter, published by Enbridge and signed by CEOs from major companies including Suncor Energy, Imperial Oil, and TC Energy, argues […]

New York Indicts Strip Club Operator RCI, Execs Over Alleged Bribery Scheme & Tax Evasion

New York Attorney General Letitia James announced that RCI Hospitality (NASDAQ: RICK), the three Manhattan clubs it owns, and five executives including CEO Eric Langan have been charged in a 79-count indictment alleging a years-long bribery-and-tax-fraud scheme that allegedly avoided over $8 million in taxes. Langan is being sued alongside CFO Bradley Chhay, Director of […]

Trump Admin Targets Critical Minerals With $5B US–DFC Orion Fund

The US, via the International Development Finance Corp., is reportedly in talks to establish a joint fund with Orion Resource Partners to invest in mining and shore up supplies of critical minerals, according to people familiar with the private negotiations. Under the contemplated structure, DFC and Orion would contribute equal amounts, scaling over time toward […]

Bank of Canada Cuts Interest Rates By 25 BPS To 2.5%

The Bank of Canada lowered its target for the overnight rate by 25 basis points to 2.5 percent today, setting the Bank Rate at 2.75 percent and the deposit rate at 2.45 percent. This action follows three consecutive holds, as the central bank responds to mounting evidence of economic slowdown, persistent employment weakness, and subdued […]

Hercules Metals Assays 0.61% Copper Over 385.9 Metres In First Hole From 2025 Program

Hercules Metals (TSXV: BIG) has released assay results for the first hole conducting under their 2025 drilling campaign at their flagship Hercules Property. The hole was drilled at their Leviathan porphyry copper discovery, where Hercules continues to work to identify further mineralization. Highlights from the results include: HER-25-02 was a 220 metre step out to […]

Qatar Investment Authority Takes US$500 Million Stake In Ivanhoe Mines

Qatar’s sovereign wealth fund evidently wants to increase their exposure to metals. Ivanhoe Mines (TSX: IVN) this morning indicated that the fund, referred as the Qatar Investment Authority, will be taking a substantial stake in the company. The two parties have come to terms on a financing that will see the Investment Authority take a […]

US Pressures Canada to Honor F-35 Fighter Jet Agreement

The United States is warning Canada of potential negative consequences if it decides to abandon its planned purchase of 88 American-built F-35 fighter jets, as Canada prepares to release a key military review by September 22. US Ambassador to Canada Pete Hoekstra said in a May 21 CTV interview that canceling the F-35 deal could […]

Hyundai Plant Construction Delayed to 2026 After ICE Raid, South Korea Demands Trump Apology

Construction at a Hyundai–LG electric vehicle battery plant in Georgia will be delayed until the first half of 2026 following a massive immigration raid that detained hundreds of South Korean workers, officials said Friday, while protesters in Seoul demanded President Donald Trump issue a formal apology. Hyundai CEO José Muñoz initially said Wednesday the raid […]