What Trump’s $15B Suit Alleges About New York Times Reporting
President Donald Trump filed a $15 billion defamation lawsuit against The New York Times Company, four of its reporters, and Penguin Random House in the US District Court for the Middle District of Florida, related to the last 2024 US presidential election. “On November 5, 2024, President Trump won the 2024 Presidential Election over Vice […]
Uranium Stocks Jump On Plan To Boost US Strategic Reserve
The US will increase its strategic uranium stockpile, Energy Secretary Chris Wright said on Monday, in an effort to buffer nuclear fuel security and bolster confidence in long-term nuclear power as electricity demand rises. Russia currently covers about a quarter of US enriched-uranium demand, according to US Energy Information Administration data, and the US fleet […]
Did Trump Family Get Crypto Profits In Exchange For Giving Advanced AI Chips To UAE?
World Liberty Financial, a crypto venture founded by the Trump and Witkoff families, announced a $2 billion deposit in May, and two weeks later the White House agreed to give the United Arab Emirates access to hundreds of thousands of advanced AI chips. While seemingly not connected, these parallel moves, when taken together, “blurred the […]
Carney Requires Teck Buyer Must Relocate HQ To Canada
Canada has set a hard approval condition for any takeover of Teck Resources (TSX: TECK.B): the buyer must relocate its global headquarters to Canada. The requirement was relayed directly to Anglo American by Prime Minister Mark Carney as the British firm pursues a $53 billion, all-share merger that would form “Anglo Teck.” According to reports, […]
Freeland Is Free From Cabinet, Could Land Ukraine Envoy Stint
After approximately 9 years and 10 months holding various ministries, Chrystia Freeland is reportedly leaving the Canadian federal cabinet, with the announcement expected as early as Tuesday afternoon. Freeland is set to leave her current post as Minister of Transport and Internal Trade, reportedly to become a special international envoy for Ukraine. However, she will […]
BC LNG Project Secures Provincial, Federal Approval
British Columbia issued an environmental assessment certificate with 23 legally enforceable conditions for the Ksi Lisims LNG project, while Ottawa the same day approved the project under the Impact Assessment Act. This advances a two-unit floating LNG development on Pearse Island designed for up to 12 million tonnes per year. The provincial certificate follows an […]
Carney Says Public Service Cuts Will Come Through Attrition
Prime Minister Mark Carney said Sunday that federal public service cuts will happen “naturally through attrition,” as his government pursues spending reductions of up to 15% over three years that could eliminate tens of thousands of jobs and slash up to $19 billion in program funding. Carney made the comments to reporters at a housing […]
Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round
Canadian Copper Corp (CSE: CCI) has announced plans to raise $10.0 million via a non-brokered private placement in support of their intention to secure the Caribou Processing Complex in Newfoundland.
Surge Battery Metals Enters LOI For Joint Venture At Nevada North Lithium
Surge Battery Metals (TSXV: NILI) is set to enter a joint venture on their flagship project, the Nevada North Lithium Project. The company as of this morning has entered a letter of intent with the ASX-listed Evolution Mining for a joint venture that would fund the continued development of the project. Under the terms of […]
EnCore Energy Sees EPA Deny Petition For Permitting Review At Dewey Burdock
The US government is evidently remaining true to their intentions to fast track projects under the Fast-41 Program. EnCore Energy (TSXV: EU) this morning reported that it has seen the US Environmental Protection Agency’s Environmental Appeals Board deny a petition for review filed by multiple parties against the company in relation to permits issued for […]