Alberta Oil Production Hits Record 4.1 Million Barrels Daily in 2025
Alberta set a new oil production record in 2025, averaging 4.1 million barrels per day and surpassing the previous year’s output by 4.2%, according to the Alberta Energy Regulator’s most recent data. The province produced more than 1.5 billion barrels total last year, driven primarily by expanded pipeline capacity following the Trans Mountain expansion project. […]
Price Floors Return After US Hints It Lacked Authority
Critical mineral price floors are back on the agenda as a policy design problem, with the US and Mexico launching a 60-day action plan that explicitly contemplates “possible price floors for certain mineral imports.” The same initiative is being framed as a template for a wider allied trading zone. Vice President JD Vance said members […]
Toronto Home Prices Dip Below $1 Million Mark as Market Adjusts to Elevated Inventory
Greater Toronto Area home prices fell to $973,289 in January, marking a 6.5% decline from the same month last year as buyers gained negotiating power in a market flooded with inventory, the Toronto Regional Real Estate Board reported Wednesday. The figure sits below the industry group’s forecast range of $1 million to $1.03 million for […]
TomaGold Confirms Presence Of Berrigan Deep Zone Following Geophysics
A borehole electromagnetic survey completed at by TomaGold (TSXV: LOT) at their Berrigan Mine project is said to have confirmed the presence of a mineralized system at depth while unlocking new targets for further testing.
Torex Gold CEO Jody Kuzenko To Retire In June
Torex Gold (TSX: TXG) is the latest producer to see a management shakeup, with the company this morning announcing that CEO Jody Kuzenko will be retiring in June. Her retirement is set to go into effect following the annual shareholders meeting, which is scheduled for June 17. Kuzenko has served as President and Chief Executive […]
Guanajuato Increases Inferred Resources By 630% At Valenciana Complex
Guanajuato Silver (TSXV: GSVR) is reporting a major increase to the current resource estimate at their Valenciana Mines Complex in Guanajuato, Mexico. The latest update builds on a resource last updated in 2023, with inferred mineral resources said to have grown by 630% versus the prior estimate. Highlights of the resource include: The estimate is […]
Barrick Names Mark Hill As Permanent CEO
Barrick Mining (TSX: ABX) has named Mark Hill as their permanent president and CEO. The appointment follows Hill filling the role on an interim basis after the ousting of former CEO Mark Bristow in September. The appointment, as per Barrick’s board of directors, is a result of “the strong performance of the business under Mark […]
Toys R Us Canada Files For Restructuring As Debts Pile Up
Toys “R” Us (Canada) commenced proceedings under Canada’s Companies’ Creditors Arrangement Act on Tuesday following an initial order granted by the Ontario Superior Court of Justice. The initial order includes a stay of proceedings in favor of TRU Canada for an initial period of 10 days, with any extension to be determined by the Court. […]
Glencore Signs MOU With US-Backed Group For Sale Of 40% Interest In Two African Mines
Glencore and the Orion Critical Mineral Consortium are pursuing a non-binding MOU for the latter to acquire a 40% stake in Glencore’s interests in its Democratic Republic of Congo assets Mutanda Mining and Kamoto Copper Company, implying a combined enterprise value for the two assets of around $9 billion. The valuation is based on the […]
Central Banks Buy 19 Tonnes of Gold in December, Cap Year at 328 Tonnes
Central banks bought 19 tonnes of gold in December 2025, closing out a year of sustained purchases despite record-high prices, according to data released by the World Gold Council. The Central Bank of Uzbekistan led December purchases with 10 tonnes, followed by Kazakhstan’s central bank with 8 tonnes and Poland’s with 7 tonnes. The Kyrgyz […]