National Bank Revenue Climbs 15% in Q3 2025 As CWB Lifts Loans
National Bank of Canada (TSX: NA) reported Q3 2025 net income of $1.07 billion, up 3% year over year from $1.03 billion, on revenue of $3.45 billion, up 15% from $3.00 billion. Diluted EPS fell 11% to $2.58. Provisions for credit losses rose to $203 million from $149 million. ROE slid to 13.6% from 18.4% […]
Ivanhoe Completes Debottlenecking At Kipushi, Maintains 2025 Guidance
Ivanhoe Mines (TSX: IVN) indicated this morning that a debottlenecking initiative at their Kipushi Zinc Mine in the DRC has been completed after nearly a year. The program was focused on boosting the concentrator throughput rate by 20% from prior levels. With the program now complete after an early August shutdown, Kipushi has reportedly seen […]
Heliostar Metals Hits 6.29 g/t Gold Over 30.2 Metres At Ana Paula
Heliostar Metals (TSXV: HSTR) has released the first assay results from an ongoing exploration program at their Ana Paula project in Mexico. The ongoing program aims to complete a total of 15,000 metres of drilling in support of a feasibility study as well as resource conversion. Highlights from the results include: Holes AP-25-322 and AP-25-324 […]
Lutnick: Trump Administration Eyeing Stakes in Lockheed Martin, Other Defense Giants
Commerce Secretary Howard Lutnick said Tuesday the Trump administration is weighing whether to acquire equity stakes in major defense contractors, including Lockheed Martin (NYSE: LMT), signaling a potential expansion of government ownership in the private sector. Speaking on CNBC, Lutnick said there is a “monstrous discussion” at the Pentagon about the federal government taking partial […]
China Expands Rare Earth Controls, Now Regulating Imports
Chinese authorities expanded their grip on global rare earth supply chains Friday, imposing new restrictions that for the first time include oversight of minerals imported for processing alongside domestic production. The measures from China’s Ministry of Industry and Information Technology establish mandatory quotas and licensing requirements for companies handling these critical materials used in everything […]
Canada Sees Sharp Rise in Jobless Claims as Trade Tensions Mount
The number of Canadians receiving unemployment benefits surged 12.8% in June compared to the same month last year, signaling growing job market stress as the country grapples with trade tensions and tariff pressures, Statistics Canada reported Thursday. About 541,000 Canadians received regular Employment Insurance benefits in June, an increase of 18,000 from May and 62,000 […]
Alberta Courts Japanese Refiners For Heavy Oil Unit
Alberta has opened early-stage talks with Japanese refiners to co-fund a coker that can run oil-sands heavy crude, aiming to support flows on the 890,000 bpd Trans Mountain system. A Japanese coker would raise domestic capacity to process heavy, high-sulfur crude. Most refineries in the region cannot run Canadian blends today, however Pacific-bound Canadian barrels […]
Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling
Nord Precious Metals (TSXV: NTH) has identified 29 new veins at their Castle East property, found near Cobalt, Ontario. The finding follows the completion of a geological model prepared using Leapfrog software and structural analysis techniques of all existing data collected on the property.
Canada-Germany Inks Pact Targeting Minerals, Energy Alliances
Canada and Germany today signed a joint declaration to co-fund critical mineral projects and deepen energy ties, with two special envoys appointed to drive delivery. Ottawa named Isabella Chan, Senior Assistant Deputy Minister at Natural Resources Canada, as Canada’s Special Envoy, while Berlin named Matthias Koehler, Deputy Director General of Raw Materials Policy, as its […]
Swedish Fintech Klarna Reportedly Targets $14B In Revived US IPO
Klarna will restart its US IPO next month at a $13–$14 billion valuation, with shares talked at $34–$36 and a raise near $1 billion, according to two sources. The target marks a sharp reset from the near-$50 billion the Swedish fintech sought in 2021 and is lower than the “more than $15 billion” aim earlier […]