Russian Oil Prices Plunge to Pandemic Lows as Economic Pressures Mount
Russian crude oil prices collapsed to their lowest levels since the COVID-19 pandemic this week, intensifying fiscal pressures on the Kremlin as it grapples with a widening budget deficit and mounting banking sector stress. Urals crude, Russia’s flagship export grade, traded at $34.82 per barrel in Baltic Sea ports and $33.17 in Black Sea terminals […]
Defense Dept Chooses Musk’s xAI, Grok In Military AI
The Department of Defense (being referred to now as Department of War) says it has formally entered an agreement with xAI to embed xAI’s “frontier AI systems,” based on the Grok family of models, directly into its GenAI.mil platform, with initial deployment targeted for early 2026. In its press release, the department frames the deal […]
First Majestic Sells Past Producing Del Toro Silver Mine For Up To US$60 Million
First Majestic Silver (TSX: AG) (NYSE: AG) has elected to monetize a non-core past producing asset, with the company on Wednesday evening announcing a definitive agreement for the sale of the Del Toro Silver Mine. The sale, which will see the mine sold to Sierra Madre Gold & Silver (TSXV: SM), will generate gross proceeds for the company of up to US$60 million.
Strike Averted As Canada Post, Union Workers Lock Five-Year Agreement
Canada Post and the Canadian Union of Postal Workers have finalized a tentative five-year collective agreement language for both the urban and rural and suburban mail carriers bargaining units, setting up an early-2026 ratification process with an agreed pause on strike or lockout activity during voting. The agreements follow a November 2025 “agreement in principle” […]
Clinton Demands Full Release of Epstein Files, Accuses Trump of Cover-Up
Former President Bill Clinton’s spokesman issued a statement Monday calling on President Donald Trump to direct the Justice Department to release all remaining materials related to Clinton in the Jeffrey Epstein case files, accusing the administration of protecting unnamed individuals through selective document releases. Angel Ureña, Clinton’s spokesperson, said the department’s handling of the files […]
TomaGold Drills 6.68% Zinc Equivalent Over 48.05 Metres At Berrigan Mine Project
TomaGold (TSXV: LOT) has released the initial assay results from a 3,098 metre drill program conducted at their Berrigan Mine project, found in the Chibougamau mining region of Quebec.
Selkirk Copper Drills 4.96% Copper Over 9.9 Metres At Minto
Selkirk Copper Mines (TSXV: SCMI) has released assay results from its ongoing 50,000 metre drill program being conducted at the Minto Mine. Assay results for a total of nine holes were released Monday evening, with the company making multiple high grade intercepts.
Silvercorp Outlines US$522 Million NPV For Condor Project Under PEA
Silvercorp Metals (TSX: SVM) has released the results of a preliminary economic assessment conducted at their Condor gold project in Ecuador. The study follows a mineral resource estimate update published by Silvercorp for the project in May, The study has outlined an after-tax net present value for Condor of US$522 million, alongside an internal rate […]
Coast Guard Pursues Oil Tanker That Refused Boarding Off Venezuela
The US Coast Guard pursued the Bella 1 oil tanker in Caribbean waters Sunday after the vessel refused to stop for boarding, making this the third ship the administration targeted in its escalating blockade of Venezuelan oil exports. As of the latest update, the vessel had not been boarded, and the pursuit’s status remains unclear. […]
Japan Poised to Restart World’s Largest Nuclear Plant
Japan’s Niigata Prefecture Assembly will vote by December 23 on whether to restart the world’s largest nuclear power plant. The decision could seal the country’s return to nuclear energy nearly 15 years after the Fukushima disaster. The vote is the final hurdle before Tokyo Electric Power Company restarts the Kashiwazaki-Kariwa facility, which has remained dormant […]