Alberta Premier Says Canada Has Lost $55 Billion In Potential GDP From Cancelled Pipelines

Alberta Premier Danielle Smith said that cancelled pipeline projects have cost Canada $55 billion annually in lost economic output, using specific dollar figures to argue for renewed energy infrastructure development. “If we had built Northern Gateway, if we built Keystone and we built Energy east, we’d have 2.5 million barrels more per day of production, […]

State Lawmakers Push Back on Trump AI Regulation Ban

About 260 state lawmakers from both parties are urging Congress to remove a provision from President Donald Trump’s budget bill that would ban states from regulating artificial intelligence for 10 years. The provision in Trump’s “One Big, Beautiful Bill” passed the House 215-214 last month and now faces an uncertain future in the Senate. It […]

xAI Scales Back from $20B Fundraising to $300M Share Sale

Elon Musk’s artificial intelligence company xAI is launching a $300 million share sale, a dramatic scale-back from the $20 billion fundraising round the company reportedly sought in April. The secondary offering allows employees to sell existing shares to new investors at a $113 billion company valuation, according to people familiar with the matter. The deal […]

Saylor’s Latest Bitcoin Strategy Could Leave MicroStrategy With A $2B Annual Tab

Michael Saylor’s once-swaggering Bitcoin strategy seems to be coming to a close as share issuances continue to become more convoluted. Over just seven days, MicroStrategy (NASDAQ: MSTR) raised $74.6 million by selling 728,479 shares of two perpetual preferred issues—STRK with an 8% coupon and STRF with a 10% coupon. All the raised proceeds were virtually then plowed […]

Gold Could Easily Double Again in This Run!? | Dan Wilton – First Mining Gold

In this interview, Dan Wilton, CEO of First Mining Gold (TSX: FF), discusses the factors contributing to gold’s recent price movement and examines the current landscape for Canadian mining development. The conversation covers market dynamics, regulatory processes, and operational challenges facing the industry, with particular focus on First Mining’s two primary assets: the Springpole and […]

China’s Rare Earth Export Curbs Threaten Global Supply Chains

Critical shortages of rare earth magnets from China are forcing manufacturers to warn of potential factory closures and defense production delays, according to industry executives and government officials. Beijing’s controls, enacted in April following new US tariffs, affect seven rare earth elements and permanent magnets derived from them. With China producing nearly all rare earth […]

Germany Faces Fresh Calls to Bring Home Gold Stored in US Under Trump

German lawmakers and advocacy groups are renewing calls for the country to repatriate gold reserves stored in New York, citing concerns about the Federal Reserve’s independence under President Donald Trump’s second term. Germany’s central bank, the Bundesbank, holds the world’s second-largest gold reserves at 3,352 tons. One-third is stored at the Federal Reserve Bank of […]

OPEC+ Maintains Oil Output Hikes for Third Straight Month

The Organization of the Petroleum Exporting Countries and its allies agreed to maintain their aggressive production increases through July, adding 411,000 barrels per day for the third consecutive month as the group prioritizes market share over price support. The decision by eight key OPEC+ members comes despite oil prices falling about 20% this year, with […]