Saylor: I Said You, Not The Company, Should Never Sell Bitcoin
Michael Saylor’s latest defense of Strategy’s Bitcoin sale turns the company’s “never sell” identity into a narrower claim: individual holders should hold forever, but a public company can still use Bitcoin when its financing structure demands cash. The distinction landed after Strategy sold 32 Bitcoin between May 26 and May 31 for about $2.5 million, […]
Lundin Gold Distributes Entire LunR Stake to Shareholders as Dividend in Kind
Lundin Gold (TSX: LUG) has handed its shareholders direct ownership of a royalty company, distributing 50,505,051 common shares of LunR Royalties Corp (TSX: LUNR) as a dividend in kind on June 11. Shareholders of record as of June 4 were set to receive roughly one LunR share for every five Lundin Gold shares held, paid […]
Silver Storm Pours First Doré at La Parrilla, Restarting Mexican Mine
Silver Storm Mining (TSXV: SVRS) has poured its first silver-gold doré at the La Parrilla Silver Mine Complex, marking the restart of a Mexican operation it acquired less than three years ago. The doré was produced during commissioning of the oxide processing circuit at the 100%-owned project in Durango State. Silver Storm now expects to […]
Triple Flag Acquires US$440 Million Gold Stream on Queensland’s Ravenswood Mine
Triple Flag Precious Metals (TSX: TFPM) has agreed to buy a gold stream on the producing Ravenswood mine in Queensland, Australia, paying US$440 million upfront for a slice of one of the country’s larger gold operations. The deal, struck through subsidiary Triple Flag International, entitles the streamer to 5.50% of payable gold from Ravenswood. That […]
Sponsored · Selkirk Copper Mines
Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project
Silver47 Exploration (TSXV: AGA) has seen drills begin turning at its flagship Red Mountain project in Alaska, kicking off what the company is billing as the largest exploration campaign in the project’s history.
South Korea Sentences Yoon to 30 Years for the Drone Plot That Preceded His Martial Law Bid
Yoon Suk Yeol already has a life sentence for insurrection and five years for obstruction. On Friday, a Seoul court added 30 more for the drone operation he ordered two months before declaring martial law.
After Two Failures, Japan’s H3 Rocket Sticks Its Return With a New Low-Cost Variant
JAXA’s H3-30 made its flight debut on Friday, reaching orbit cleanly and keeping Japan’s Mars mission window intact.
A One-Million-Square-Foot Medical Warehouse Just Burned to the Ground—With Non-Functional Sprinklers
A fire destroyed Medline’s Tracy distribution warehouse on Thursday. The sprinklers weren’t working when crews arrived. Hospitals across the country are now monitoring the impact.
Sponsored · Selkirk Copper Mines
US and Iran Have Agreed on Deal Text, Mediator Says—But Final Sign-Off Still Pending
The deal would reopen the Strait of Hormuz, lift the US naval blockade on Iran, and begin nuclear negotiations. Whether it actually gets signed is another question.
Bezos Warns AI Could Trigger A Labor Shortage
The Amazon founder Jeff Bezos argued that artificial intelligence could make companies productive enough to generate more projects than the economy has people to execute. That flips the public AI debate on its head. Instead of mass unemployment, Bezos is pointing to a future where demand outruns labor supply, a claim now attached to one […]