Zuckerberg Settles $8 Billion Shareholder Lawsuit, Avoids Testimony on Cambridge Analytica
Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg and current and former company executives settled an $8 billion shareholder lawsuit Thursday, avoiding testimony about their roles in privacy violations linked to the Cambridge Analytica scandal. Delaware Court of Chancery Judge Kathaleen McCormick announced the settlement on what would have been the trial’s second day. Attorneys disclosed […]
US Gives Nuclear Fuel Firms An Antitrust Safe Lane
The US government is setting up a legal framework that lets domestic nuclear fuel companies work together, with DOJ sign-off, to strengthen the US nuclear fuel supply chain for national defense and reactor reliability. A Federal Register notice from the Justice Department’s Antitrust Division says the Department of Energy’s proposed “voluntary agreement” can take effect […]
Where Did $200 Billion Go? Carney Says Climate Targets Now Impossible
Prime Minister Mark Carney acknowledged Canada will fail to meet its 2030 and 2035 emissions targets despite more than $200 billion in climate spending since 2015. Carney told CBC News the previous climate plan relied too heavily on regulation. “We have too much regulation, not enough action,” he said in a year-end interview. The government […]
‘Blockbuster’ Numbers: Is the Trump Administration Promoting Flawed Inflation and GDP Data?
Recent inflation and economic growth figures may not accurately reflect the US economy’s true health due to significant data collection gaps caused by the 43-day government shutdown, according to economists and federal officials. On December 18, the Bureau of Labor Statistics announced that November’s annual inflation rate reached 2.7%, a decrease from September’s 3% figure. […]
Here’s What’s Going On With Silver
After sprinting to a fresh record around $81 per ounce, the silver market is now unwinding leverage and taking profit, pushing spot back toward the mid-$70s in a tape that is still up roughly 160% to 166% YTD. The price action is internally consistent with a pullback, not a regime change. The silver is swinging […]
Arizona Sonoran Set To Terminate JV Option With Rio Tinto
A positive prefeasibility study combined with a boost in copper pricing has seemingly resulted in Arizona Sonoran Copper (TSX: ASCU) rethinking their priorities for the Cactus project in Arizona. The company this morning indicated that it is in the process of terminating an option for Rio Tinto to enter a joint venture agreement on the […]
The Monetary System Is Cracking – Gold Is the Pressure Valve | Ross Beaty – Equinox Gold
In this conversation with Ross Beaty, Chairman of Equinox Gold (TSX: EQX), we dig into the macro forces behind gold’s breakout and what the new price environment means for producers. Ross explains why the equity market finally caught up to the metal, why the last six months have been a turning point for Equinox, and […]
Heliostar Metals: The Cerro del Gallo PFS
It may be nearing the end of the year, but in this precious metals environment, seemingly no one is slowing down yet for the holidays. We’ve got another prefeasibility study to dig in to, with yet another company seemingly hopeful that they can get open pit mining permits in Mexico. That company, is Heliostar Metals […]
Aura Minerals: Speedrunning The Era Dorada Project
While other producers are out there taking their time picking away at a project, Aura Minerals has their foot pushing the accelerator to the floor in a mad dash for more growth. It may have been just a couple of months ago that Aura Minerals (NASDAQ: AUGO) completed a preliminary economic assessment on their Era […]
When A Shut-Down Mine Starts Making Sense Again | Selkirk Copper
There’s a small niche in the Canadian mining sector that is rapidly growing in demand from investors amid sky high commodity prices: restart stories.