AbraSilver Pegs Diablillos NPV at $4.8 Billion in Definitive Feasibility Study
AbraSilver Resource Corp (TSX: ABRA) has unveiled a definitive feasibility study for its Diablillos silver-gold project, framing the asset as one of the more compelling undeveloped precious metals stories in the sector. The study assigns Diablillos an after-tax net present value of US$3.0 billion, or CAD$4.2 billion at a 5% discount rate, alongside a 41.9% […]
Energy Fuels Strikes $1.9 Billion Deal to Buy Magnet Maker VAC
Energy Fuels (TSX: EFR) has agreed to acquire Vacuumschmelze, the century old advanced magnetics maker known as VAC, in a cash and stock deal that values the target at roughly $1.9 billion and pushes the uranium and rare earth producer into the downstream end of the magnet supply chain. The agreement, struck with private equity […]
A Week of Ukrainian Strikes on Russian Oil, Fuel, and Weapons Production—and a Warning at the Security Council
Ukraine struck Moscow’s oil refinery, Crimea’s fuel supply, and a semiconductor plant feeding Russia’s cruise missile production in six days. At the UN, its ambassador told the Security Council the ceasefire offer won’t stay on the table indefinitely.
A Japanese AI Lab Built a Model That Routes Around Export Controls—and Claims It Matches Fable 5
Ten days after the US government restricted access to Anthropic’s Fable 5 and Mythos Preview, a Tokyo research lab launched a product designed to match both — without training a frontier model and without needing either one in its pool.
Sponsored · Cambria Gold Mines
‘Blatantly Unlawful’: A Bush Judge Throws Out the DOJ’s Subpoenas of Tim Walz and Jacob Frey
The court had “no doubt” the subpoenas were retaliation. The DOJ has not said whether it will appeal.
Tata Confirms Cyberattack After Apple And Tesla Files Appear Online
Tata Electronics says its operations were not disrupted by a recent cyberattack. For Apple and Tesla, that may be the least complicated part of the story. The larger risk sits in the files that a ransomware-linked group claims to have taken from the Indian manufacturer. World Leaks says it published a cache of more than […]
Ro Khanna vs. Elon Musk: Explained
Rep. Ro Khanna is trying to turn Elon Musk’s most politically valuable claim, that DOGE cut waste, into a congressional liability. The California Democrat said Musk should face subpoenas and investigation over his role in the dismantling of USAID, tying the billionaire’s cost-cutting campaign to a Lancet mortality projection that warned of 4.5 million potential […]
Tucker Carlson Says He’s Done With the Republican Party After 35 Years
“I’m out,” Carlson said. “And if I’m out, then I think a lot of other people are out.”
Sponsored · Selkirk Copper Mines
Did Carney Really Say MPs Are Just Useful For Votes?
Prime Minister Mark Carney appeared to say MPs are “useful for votes” during a recent hot mic exchange with Croatian Prime Minister Andrej Plenković, but the surrounding context suggests the two leaders were discussing parliamentary systems rather than Carney making a direct attack on MPs. The moment was captured during Plenković’s official visit to Parliament […]
US Opens 60 Day Legal Window For Iranian Oil Trade
The US Treasury has given global oil traders a temporary legal bridge into Iranian crude, but only for 60 days and only inside a tightly drawn compliance box. The Office of Foreign Assets Control issued Iran General License X on June 22, authorizing the production, sale, delivery, and offloading of Iranian-origin crude oil, petrochemical products, […]