India Reduces US Treasury Holdings, Boosts Gold Reserves
India has reduced its holdings of US Treasury securities by $15 billion while significantly increasing its gold reserves, as central banks worldwide reduce dollar-denominated assets, according to data released this week. The Reserve Bank of India’s holdings of US government bonds fell to $227 billion in June 2025, down from $242 billion a year earlier, […]
US Military Strikes Drug Vessel from Venezuela, Killing 11
US military forces conducted a deadly strike Tuesday against a suspected drug smuggling vessel in the Caribbean Sea, killing 11 people aboard a boat that had departed from Venezuela. The “precision strike” targeted what officials described as members of Tren de Aragua, a Venezuelan criminal organization designated by the State Department as a foreign terrorist […]
Cormark Lifts Northern Superior Target To $2.00 On Drilling Success
Cormark Securities has raised its price target on Northern Superior Resources (TSXV: SUP) to $2.00 from $1.50, citing summer drilling success at Philibert and a higher in-situ value assumption of US$60 per ounce.
Canada Integrates Coast Guard Into National Defence Framework
The Canadian Coast Guard officially became part of the Department of National Defence this week, marking a significant restructuring of Canada’s maritime security operations as the government works to strengthen coordination across its defense agencies. The integration, formalized through an Order in Council, brings the Coast Guard’s 126-vessel fleet — including icebreakers, patrol ships, and […]
Ford Dumps Canadian-Made Crown Royal to Protest Job Losses
Ontario Premier Doug Ford poured out a bottle of Crown Royal whiskey during a news conference on Tuesday, protesting the spirits maker’s decision to close a bottling plant and eliminate about 200 jobs. Ford dumped the amber liquid on the ground at his podium in Kitchener while lashing out at Diageo (LON: DGE), the British […]
Canadian Pension Funds, Quebec Lose Over $1 Billion in Northvolt Collapse
Major Canadian pension funds and the Quebec government have collectively lost more than $1 billion following the bankruptcy of Swedish battery manufacturer Northvolt AB, marking one of the largest investment failures for Canada’s public sector in recent years. The Investment Management Corporation of Ontario wrote down its entire $400 million investment, while the Ontario Municipal […]
New Brunswick Advances Saint John LNG Export Talks
New Brunswick’s Holt government says it held regular talks throughout the summer with Repsol and TC Energy on a Saint John LNG export plan, with Natural Resources Minister John Herron calling it “more than just a concept” but still in “nascent stages.” Herron argues Saint John is “the most probable location” for an East Coast […]
Trump Fortune Soars As World Liberty Token Launches
World Liberty Financial launched trading of its $WLFI token, creating as much as $5 billion in paper wealth for the Trump family as exchange volume hit around $1 billion in the first hour. The family holds just under 25% of WLFI, with “founders and team” tokens locked and not currently saleable. The trading launch assigns […]
Aris Mining Outlines $2.7 Billion NPV For Soto Norte Gold Project
Aris Mining (TSX: ARIS) has published the results of a prefeasibility study for their 51% owned Soto Norte Gold Project in Colombia. The study has revised prior operating plans for the mine, cutting planned processing capacity from over 7,000 tonnes per day to 3,500 tonnes per day, of which 750 tonnes per day is dedicated […]
Gunnison Copper Enters Production At Johnson Camp Mine
Gunnison Copper (TSX: GCU) is officially a copper producer. The company this morning confirmed that the first production of copper cathode has occurred at their Johnson Camp Mine in southeastern Arizona. The first copper was reportedly produced on site in the last week of August following the successful start-up of the solvent extraction and electrowinning […]