Thursday, July 3, 2025

Senate Narrowly Passes Trump’s One Big Beautiful Bill In 51-50 Vote

The Senate pushed President Donald Trump’s “One Big Beautiful Bill Act” over the line, 51-50, with Vice President JD Vance casting the tie-breaker. The package folds a $150 billion windfall for shipbuilding, the Golden Dome homeland-missile shield, and munitions into the FY2026 defense ledger. The bill now returns to the House, where Trump has demanded […]

Mexico Oil Production Hits 46-Year Low as Pemex Posts $2B Loss

Mexico’s state oil company Pemex posted a $2.12 billion quarterly loss as crude production plummeted to its lowest level in nearly five decades, deepening a financial crisis at the world’s most indebted energy company. Current oil output stands at 1.71 million barrels per day as of February, the lowest since 1979, while January exports by […]

Court Allows Celsius’s $4 Billion Lawsuit Against Tether to Proceed

A federal bankruptcy judge ruled June 30 that Celsius Network‘s $4 billion lawsuit against stablecoin issuer Tether can proceed, rejecting the company’s dismissal motion nearly a year after the case was filed, according to court documents and financial news reports. Celsius filed the lawsuit in August 2024, alleging Tether improperly sold 39,500 Bitcoin at $20,656 […]

Tesla Vehicle Deliveries Drop 14% in Second Quarter, Marking Steepest Decline on Record

Tesla (NASDAQ: TSLA) reported a significant decline in vehicle deliveries for the second quarter of 2025, with 384,122 units delivered—a 14 percent decrease from the same period last year and the company’s steepest year-over-year drop on record. The electric vehicle manufacturer also produced 410,244 vehicles during the quarter, slightly down from 410,831 produced a year […]

ESGold Names Gordon Robb As Chief Executive Officer

ESGold Corp (CSE: ESAU) this morning announced the appointment of Gordon Robb to the role of CEO. The appointment follows an executive search as ESGold transitions to the role of a gold and silver producer, rather than a development stage company.

Riot Platforms Begins To Unload Bitfarms Stock

Riot Platforms (NASDAQ: RIOT) appears to be losing interest in a potential takeover of Bitfarms (TSX: BITF). The crypto name last night disclosed that it had reduced its holdings in Bitfarms, a stake which it had established after trying to acquire the crypto miner last year. Riot yesterday sold a total of 2.8 million shares […]

NGEx Minerals Confirms At Least Three High Grade Zones At Lunahuasi

NGEx Minerals (TSX: NGEX) this morning released further assay results from drill holes conducted under a phase three drill program at their flagship Lunahuasi copper-gold-silver project in Argentina. A total of four drill holes saw their results released this morning, while another four holes from the program have assays that are yet to be published. […]

Shell’s $40B LNG Canada Makes Its First Cargo

The ship carrying the first cargo from LNG Canada slipped down Douglas Channel at dawn, marking Canada’s debut as an LNG-exporting nation. The $40 billion venture is led by Shell with a 40% stake, alongside state-owned Petronas (25%), PetroChina (15%), Mitsubishi (15%), and Korea Gas (5%). Phase 1 features two liquefaction trains that can load […]

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the company’s recent $27 million financing and its planned expansion of the 2025 drill program to 60,000 meters. The conversation covers exploration objectives for the expanded drilling campaign, core relogging activities, and developments at the Sherbet zone within the company’s Golden Triangle property in Canada.

ECB Eyes Retail Cash Pile to Power EU Capital Markets

The European Central Bank has put forward a concrete model for an “EU savings standard” that would steer a slice of the bloc’s €11 trillion in household deposits into equity markets—bolstering both savers’ returns and the depth of Europe’s capital base. “There is now an urgent need to channel retail savings into European capital markets,” […]