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 […]
BMO Sees Q3 2025 Net Income Jump 25% As Credit Loss Provisions Drop 12%
Quarterly revenue increased 10% to $8.99 billion from last year’s $8.19 billion, driven by a 15% jump in net interest income to $5.50 billion. Non-interest revenue rose 3% to $3.49 billion. Non-interest expense increased 6% to $5.11 billion. Meanwhile, provision for credit losses improved to $797 million, down 12% year over year and 24% sequentially. […]
Scotiabank Grows Q3 2025 Profit 32% As Credit Provisions Ease
Scotiabank (TSX: BNS) posted Q3 2025 net income of $2.53 billion, up 32% year over year from last year’s $1.91 billion, as diluted EPS increased to $1.84 from $1.41. The bank had a bright topline with total revenue climbing 13% to $9.49 billion from $8.36 billion. Breaking it down, net interest income rose 13% to […]
Fed Governor Lisa Cook Says She Will “Not Resign” After Trump Moves To Fire Her
President Donald Trump moved to fire Federal Reserve Governor Lisa Cook on Monday, asserting “for cause” authority under US Code and saying the removal is effective immediately. The White House letter says Trump acts under Article II and the Federal Reserve Act. It attaches a criminal referral dated Aug. 15 from Federal Housing Finance Agency […]
Major Shipping Companies Suspend US Deliveries as Trump Tariff Policies Take Effect
Dozens of international postal services and major shipping companies, including DHL, are suspending package deliveries to the United States as new tariff policies eliminate a key trade exemption, disrupting global commerce and raising costs for American consumers and businesses. The suspensions began as the Trump administration’s elimination of the “de minimis” exemption takes effect Thursday, […]
Marimaca Copper Outlines US$709 Million NPV For MOD Project In Feasibility Study
Marimaca Copper (TSX: MARI) last night released the results of a feasibility study conducted on their Marimaca Oxide Deposit, outlining a post-tax net present value of US$709 million alongside an internal rate of return of 31%, which is based on US$4.30 a pound copper and an 8% discount rate. The study itself outlines an operation […]
Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery
Goliath Resources (TSXV: GOT) continues to intersect high grade gold mineralization. The company this morning announced further assay results from their Surebet Discovery, including the highest grade intercept within a third distinct rock package encountered at the Discovery.
US Proposes Adding Silver to Strategic Minerals List
Federal officials proposed expanding America’s strategic minerals inventory Monday, recommending silver and five other materials for critical designation amid growing concerns over foreign supply dependencies. The Interior Department’s draft revision would identify 54 mineral commodities as strategically vital, representing the largest proposed expansion since the program’s 2018 launch. Previously excluded materials like silver, copper, and […]
Four Countries Control the Fertilizer That Feeds the World | Sage Potash
Tim Mizuno, President & COO, and Shilo Sazwan, Strategic Operations Partner of Sage Potash (TSXV: SAGE), lay out just how dependent the US has become on imported potash and what it takes to compete against the global giants that control this market. They walk through Sage’s approach to building a domestic solution-mined project that could supply farmers directly, which is no small undertaking given the entrenched competition.