Ford CEO’s Praise For Chinese EVs Spells Wider Electric Vehicle Gap Than We Think
Ford CEO Jim Farley says the speed of China’s electric vehicle advance has “humbled” him—and may soon humble every Western automaker. Speaking at the Aspen Ideas Festival, Farley noted that China now builds 70% of the world’s EVs, adding that the quality of these vehicles is “far superior to what I see in the West.” […]
Court Order Arms Competition Bureau’s Amazon Probe With Internal Records Access
The Competition Bureau has secured a Federal Court order compelling Amazon to hand over internal records tied to its Marketplace Fair Pricing Policy. The move marks a decisive escalation in the agency’s alleged abuse-of-dominance investigation and signals that Ottawa is willing to test its beefed-up Competition Act on the country’s largest e-commerce player. Introduced in […]
Tesla Stops Optimus Production Due to Persistent Hardware Issues
Tesla (Nasdaq: TSLA) has halted production of its Optimus humanoid robot after persistent hardware failures derailed CEO Elon Musk’s plan to build thousands of units this year, according to AInvest. The carmaker halted parts procurement roughly two weeks ago after engineers identified critical technical issue, including overheating joint motors, limited battery life, and transmission component […]
Amazon Prime Day Sales Drop 14% in Opening Hours Despite Record Projections
Early data suggests Amazon‘s (Nasdaq: AMZN) Prime Day got off to a slower start this year, with sales tracking 14% below last year’s opening period, according to preliminary figures from a major Amazon partner. Momentum Commerce, which oversees e-commerce operations for brands such as Crocs, Beats and Therabody across Amazon’s platform, reported the decline based […]
Trump Copper Tariff Announcement Sends Prices to Record Highs
Copper prices exploded to historic levels Tuesday after President Donald Trump declared during a White House Cabinet meeting that he would slap a 50% import duty on the industrial metal. Trump’s brief remarks — “Today we’re doing copper. I believe the tariff on copper, we’re going to make it 50%” — sent commodity traders scrambling […]
First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance
First Majestic Silver (TSX: AG) (NYSE: AG) saw improved silver equivalent production in the second quarter of 2025, leading the company to lift 2025 guidance off the back of this performance. Silver equivalent production rose 48% on a year over year basis, while silver production itself was up 76%.
Radisson Mining’s O’Brien PEA Pegs $532M NPV5%, 48% IRR If a Toll-Milling Deal Locks In
Radisson Mining (TSXV: RDS) has released a preliminary economic assessment that pegs the O’Brien Gold Project at an after-tax NPV5% of $532 million and an IRR of 48% at a gold price of US$2,550 per ounce. The study leans hard on a toll-milling scenario at IAMGOLD’s nearby Doyon facility, a move that trims onsite costs […]
Triple Flag Reports Prelim Q2 Revenue Of $94.1 Million
Triple Flag Precious Metals (TSX: TFPM) this morning reported their preliminary second quarter results, highlighted by record revenues for the second quarter. The company is reporting topline revenues of US$94.1 million for the quarter, as compared to US$82.2 million in revenues seen in the first quarter. The revenue figure follows metal sales of 28,682 gold […]
Emperor Metals Reports Maiden Resource Of 1.46 Million Ounces Of Gold
Emperor Metals (CSE: AUOZ) has released a maiden resource estimate for their Duquesne West Gold Project in Quebec. The Abitibi-based project has seen the estimate assembled using both open pit and underground mining models. Highlights from the results include: On a combined basis Duquesne West is estimated to contain 1.46 million ounces of gold at […]
US Jobs Report: Outside Health Care, Only 15,000 Jobs Added in June
The June jobs report looks sturdy on the surface—headline payrolls advanced by 147,000 and joblessness held at 4.1%—but a closer read exposes soft underpinnings and fresh pressure points for the US labor market. State-school staffing drove the upside surprise. Economists at Pantheon Macroeconomics call the 70,000+ jump in state and local education jobs “suspect,” warning […]