Arizona Eagle Eyes Q3 2027 Underground Drilling at McCabe With US$3.7 Million Reopening Plan
Arizona Eagle Mining (TSXV: AZEM) has engaged Hancon Mining Division USA Corp. to complete engineering design work for reopening their past producing McCabe Mine, with the goal of moving drilling underground at its Eagle Project in Yavapai County, Arizona. The pre-construction engineering agreement covers only the initial assessment phase. Hancon will survey and core sample […]
AMD Buys AI Startup For $8.2B It Backed Just Seven Months Earlier
Advanced Micro Devices is paying roughly $2.8 billion more for World Labs than the AI startup’s reported post-money valuation only seven months ago, after AMD itself joined the financing round that established its latest private-market benchmark. AMD said Monday it agreed to acquire World Labs in an all-stock transaction valued at approximately $8.2 billion. PitchBook data cited by […]
Selkirk Copper Hits One of Minto’s Highest-Grade Intercepts on Record
Selkirk Copper Mines (TSXV: SCMI) has drilled one of the highest grade intercepts ever recorded at its Minto project. The hole returned 9.27% copper, 7.43 g/t gold and 54.9 g/t silver over 5.4 metres at Minto North. That hole, 26SCM209, stepped out 35 metres from earlier drilling at the southern edge of the 202 Lens. […]
Canada Is Investigating Grocery Rules That Can Hide Lower Prices
Canada’s Competition Bureau is investigating whether pricing rules set by suppliers or negotiated with retailers are preventing lower grocery prices from appearing in flyers, apps, and online promotions, potentially weakening one of the main ways shoppers compare stores before buying. The Bureau opened the investigation September 28 into minimum advertised pricing, or MAP, policies. These […]
Sponsored · Altamira Gold Corp.
Cleveland-Cliffs Backed Trump’s Steel Tariffs. Now, Its Canadian Operations Are Idled.
Cleveland-Cliffs has spent the past year arguing that 50% US steel tariffs are essential to its business. On Monday, the company’s Canadian subsidiary showed the other side of that policy. The company’s acquired Canadian subsidiary, Stelco, said it will indefinitely idle its cold-rolled and coated operations at Hamilton Works beginning around October 9, with as […]
Record Tanker Rates and A Trade War Are Sending Canadian Oil Straight To Asia
Sailing Canadian crude straight to Asia on smaller tankers is now cheaper than the traditional California stopover — a shift accelerated by the Iran war’s toll on VLCC rates and Ottawa’s push to diversify away from the US.
A Private Equity-Backed Insurer Collapsed—Now Policyholders Say It Was Looted
Policyholders of a collapsed Hartford insurer are suing Golden Gate Capital and Nassau Financial Group, accusing them of draining the company through self-dealing reinsurance and investment deals before its $2.2 billion collapse.
Andy Burnham Unveils Great British Grid, His First Move Toward Public Control Of UK Utilities
The new Prime Minister has announced Great British Grid, a new publicly owned company that will build electricity connections and compete with Britain’s private network operators.
Sponsored · Selkirk Copper Mines
A Leaked Anthropic Prospectus Shows Explosive Growth, A Widening Loss, and Its Own AI Risk Warnings
A confidential Anthropic prospectus leaked to Reuters shows a company spending as fast as it’s growing, committed to more than half a trillion dollars in future computing costs — and devoting 80 pages to warning investors about what its own AI might do.
Fed Employee Repeatedly Tried to Remove Confidential Data Before Retirement, But Misconduct Probe Lacked Evidence
A Federal Reserve employee triggered 279 data-loss-prevention alerts in the 90 days before retiring, including 111 involving information flagged as potentially FOMC-classified, yet weaknesses in the central bank’s own controls ultimately left investigators without enough evidence to open a misconduct investigation. The finding comes from a management alert by the Federal Reserve Office of Inspector General examining how […]