Mali Approves Six Mining Agreements, Cements State Royalty At 10%
Mali’s Council of Ministers approved six exploitation and exploration agreements, advancing the military government’s plan to capture more mining revenue under the 2023 code that raised the royalty to 10% from 6.5% and expanded state and local ownership to at least 35% from 20%. The government said the new pacts guarantee a non-reducible state stake […]
Canada Recognizes Palestine: What Does It Mean For Trade?
Prime Minister Mark Carney announced that Canada is joining the UK, Australia, and Portugal in recognizing Palestine as state this past weekend. The four nations, while traditionally close to Israel, have now joined more than 140 nations backing the Palestinians’ bid for an independent state drawn from the occupied territories. Announcing Canada’s move, Carney said […]
US Officials Give Conflicting Details on New $100K H-1B Visa Fee
Conflicting messages from Trump administration officials about a new $100,000 H-1B visa fee created widespread confusion over the weekend, prompting major corporations to issue urgent travel advisories and forcing the White House to clarify the policy as it took effect Sunday. The confusion started Friday when Commerce Secretary Howard Lutnick told reporters at a White […]
Moderna Delivers First Canadian-Made mRNA COVID-19 Vaccines
Moderna Inc. (NASDAQ: MRNA) announced Thursday it has begun shipping the first mRNA vaccines fully manufactured in Canada to provinces and territories, marking a historic milestone in the country’s domestic vaccine production capacity. The Cambridge, Massachusetts-based pharmaceutical company said the achievement advances Canada’s national health security after years of dependence on international vaccine supply chains […]
Oracle Eyes US-Only TikTok Algorithm In Trump-Backed Sale
Oracle (NYSE: ORCL) is aiming to recreate, operate, and secure a US-only TikTok algorithm under a Trump-backed sale, with ByteDance’s ownership falling below 20%, a White House official has said. Per the official, the US buyers will lease a copy of TikTok’s recommendation engine from ByteDance that Oracle will “retrain from the ground up.” The […]
It’s a Great Time to Be Building a Gold Project | Martino De Ciccio – Montage Gold
Martino De Ciccio, CEO of Montage Gold Corp. (TSX: MAU), walks through what it takes to build one of Africa’s next major gold mines and how they managed to secure $950 million in funding — which is no small feat in this market. He’s got some compelling results from exploration work that’s already added millions […]
Champagne Positions Canada as Europe’s ‘Supplier of Choice’ for Critical Minerals
Canadian Finance Minister François-Philippe Champagne positioned his country as a potential “supplier of choice” for critical minerals and energy to European markets during weekend meetings with EU finance officials, as Canada seeks to diversify its trade relationships ahead of challenging North American trade negotiations. Speaking to reporters Saturday from Copenhagen, Champagne said Canadian exports of […]
US Still Imported Russian Uranium This Year—And Trump Seems Surprised
President Donald Trump seems to be unaware whether the US is still importing nuclear materials from Russia after a chance interview at Air Force One cited $755 million in US purchases of Russian uranium so far this year. The touted figure is up from about $100 million last year during the Biden administration. “You’ve been […]
Currency Collapse? Argentinian Peso Defense Consumes $1.1B In 3 Days Despite Strong Messaging
Argentina’s central bank dumped $678 million on Friday and $1.1 billion across three sessions to defend the peso after it breached the government’s IMF-agreed trading band, underscoring that confident messaging hasn’t solved structural cash-flow and FX pressures. The mechanics are now driving the narrative: since April, the peso has floated within a moving band negotiated […]
India Announces Plans for Strategic Minerals Reserve
India announced plans to establish strategic reserves of critical minerals essential for defense manufacturing and clean energy technologies, as the world’s most populous nation seeks to reduce dependence on imports and counter supply chain vulnerabilities. A senior Ministry of Defence official said Saturday that India is preparing to create a strategic reserve of critical minerals […]