Canadian Pension Funds, Quebec Lose Over $1 Billion in Northvolt Collapse
Major Canadian pension funds and the Quebec government have collectively lost more than $1 billion following the bankruptcy of Swedish battery manufacturer Northvolt AB, marking one of the largest investment failures for Canada’s public sector in recent years. The Investment Management Corporation of Ontario wrote down its entire $400 million investment, while the Ontario Municipal […]
New Brunswick Advances Saint John LNG Export Talks
New Brunswick’s Holt government says it held regular talks throughout the summer with Repsol and TC Energy on a Saint John LNG export plan, with Natural Resources Minister John Herron calling it “more than just a concept” but still in “nascent stages.” Herron argues Saint John is “the most probable location” for an East Coast […]
Trump Fortune Soars As World Liberty Token Launches
World Liberty Financial launched trading of its $WLFI token, creating as much as $5 billion in paper wealth for the Trump family as exchange volume hit around $1 billion in the first hour. The family holds just under 25% of WLFI, with “founders and team” tokens locked and not currently saleable. The trading launch assigns […]
Aris Mining Outlines $2.7 Billion NPV For Soto Norte Gold Project
Aris Mining (TSX: ARIS) has published the results of a prefeasibility study for their 51% owned Soto Norte Gold Project in Colombia. The study has revised prior operating plans for the mine, cutting planned processing capacity from over 7,000 tonnes per day to 3,500 tonnes per day, of which 750 tonnes per day is dedicated […]
Gunnison Copper Enters Production At Johnson Camp Mine
Gunnison Copper (TSX: GCU) is officially a copper producer. The company this morning confirmed that the first production of copper cathode has occurred at their Johnson Camp Mine in southeastern Arizona. The first copper was reportedly produced on site in the last week of August following the successful start-up of the solvent extraction and electrowinning […]
GR Silver Drills 75.2 Metres Of 293 g/t Silver Equivalent
GR Silver Mining (TSXV: GRSL) has encountered a high grade epithermal silver system at the San Marcial Area of their Plomosas Project in Sinaloa, Mexico. The system was discovered following a step-out focused drill program was conducted in an effort to grow known resources. Highlights from the results include: The assay results from hole SMS25-09 […]
Elliott Management Launches $4B Activist Campaign at PepsiCo
Activist investor Elliott Investment Management has disclosed that they have built a $4 billion stake in PepsiCo Inc. (Nasdaq: PEP) and are pushing for sweeping changes at the struggling beverage and snack giant, including potential asset sales and operational overhauls. The investment makes Elliott one of PepsiCo’s largest active shareholders and represents one of the […]
Trump Vows Executive Order Requiring Voter ID For Federal Elections
President Donald Trump said Saturday he will issue an executive order requiring voter ID for federal elections. “Voter I.D. Must Be Part of Every Single Vote. No exceptions! I Will Be Doing An Executive Order To That End!!!” he posted on Truth Social. Trump gave no timeline, however, the next federal vote is the Nov. […]
xAI Seeks Emergency Order to Block Ex-Employee From Starting at OpenAI
Elon Musk’s xAI has filed a federal lawsuit against a former engineer, alleging he stole proprietary technology worth potentially billions of dollars before joining rival OpenAI. The lawsuit, filed Thursday in US District Court for the Northern District of California, accuses Xuechen Li of copying confidential information about xAI’s Grok chatbot to personal devices just […]
CDC ‘Being Ripped Apart,’ Trump Says in First Response
President Donald Trump demanded Monday that drug manufacturers publicly prove their COVID-19 vaccines are effective, breaking his silence on the leadership turmoil at the Centers for Disease Control and Prevention that has highlighted tensions with Health Secretary Robert F. Kennedy Jr. In a Labor Day morning post on Truth Social, Trump said the CDC is […]