Tilray Plummets With $1.27B Q4 Net Loss Due To 2021 Aphria Merger
Tilray Brands (TSX: TLRY) reported a staggering Q4 2025 net loss of $1.27 billion, a massive decline compared to Q4 2024’s loss of just $15.4 million. Earnings per share also dramatically fell to a loss of $1.30, missing analyst estimates of just a $0.03 loss per share, an overwhelming 4,233% miss. Following the news, Tilray […]
George Weston Reports Q2 2025 Profit Down 35%, Announces 3-for-1 Stock Split
George Weston Limited (TSX: WN) reported a mixed financial performance for the quarter ending June 14, 2025. While revenue rose 5.2% YoY to $14.82 billion, up from $14.09 billion a year ago, net earnings plunged 35.5% to $258 million, down from $400 million in Q2 2024. The sharp decrease was primarily due to an unfavorable […]
NexGen Hits 3.46% U3O8 Over 12.0 Metres At Patterson Corridor East
NexGen Energy (TSX: NXE) has released the final assay results from their 2024 exploration program alongside further results from 2025 drilling at the developing Patterson Corridor East discovery, found 3,5 kilometres to the east of Arrow. Highlights from the results include: Collectively, assays for 22 drill holes conducted across 2024 and 2025 at Patterson Corridor […]
AbraSilver Sees Resource Estimate Climb To 350 Million Ounces Silver Equivalent M&I
AbraSilver Resource Corp (TSX: ABRA) has increased the estimated mineral resources at their flagship Diablillos property in Argentina. The company this morning released an updated estimate, highlighted by a 25% increase in contained silver and a 14% increase in contained gold within the measured and indicated categories, which translates to a 27% increase in contained […]
Canadians Want to Ease Resource Development Barriers, Survey Finds
A majority of Canadians now support reducing barriers to natural resource development, a dramatic shift that could bolster Prime Minister Carney’s push to make Canada an energy superpower, according to a new survey released Tuesday. The Environics Research poll found 56% of Canadians favor reducing barriers like easing project approvals and lowering corporate taxes, while […]
Gates, Bezos-Backed KoBold’s DRC Lithium Project To Test Trump-Brokered Regional Truce
KoBold Metals, the privately held, AI-driven explorer backed by billionaires Jeff Bezos and Bill Gates, has signed an agreement positioning it to develop the contested Manono lithium project and launch a 1,600-km² exploration blitz across the Democratic Republic of Congo. “We’re looking to go big in this country… investments could be in the billions,” KoBold’s […]
Copper Shortage Threatens to Derail Global Clean Energy Plans
A critical copper supply shortage threatens to leave global markets facing a substantial deficit by the mid-2030s, potentially disrupting energy transition efforts and raising concerns about resource security, according to industry analysis and International Energy Agency projections. Mining production fails to match the rapid acceleration in demand that electric vehicles, renewable energy infrastructure, and expanding […]
US-EU Deal Sees Europe Hit With 15% Tariffs, Spending $1.53T On America
Talks that began with a 30% US threat have ended with a still-punishing 15% blanket tariff on major European goods entering America, while the EU promises zero duties on select US exports plus an eye-watering US$1.35 trillion in fresh spending inside the US over the next three years. The deal, resulting from a marathon session […]
Trump Extends Anew China Tariff Deadline For 90 Days
The US will roll its China tariff deadline forward by another 90 days, handing Beijing fresh breathing room despite White House vows that the current pause expiring in August would be the last. Treasury Secretary Scott Bessent and Vice Premier He Lifeng open talks in Stockholm today, where negotiators are expected to formalise the extension. […]
California Regulators Block Tesla Robotaxi Service, Limit Company to Human-Driven Cars
California transportation regulators said Friday that Tesla (NASDAQ: TSLA) cannot operate autonomous vehicles for passenger service in the state, restricting the electric vehicle maker to human-driven cars only as CEO Elon Musk pushes to expand the company’s robotaxi ambitions. The California Public Utilities Commission told CNBC that Tesla “is not allowed to test or transport […]