Alamos Gold Calls For Island Gold Mine To Boost Annual Production To 411,000 Ounces Beginning In 2026
Alamos Gold (TSX: AGI) has extended the life of mine of the Island Gold project to 12 years. The update follows the completion of a base case life of mine plan for the project, which integrates the recently acquired Magino project into the mix. The plan formally brings together the Island Gold and Magino assets […]
Snowline Gold Outlines $3.4 Billion NPV For Valley Deposit
Snowline Gold (TSXV: SGD) has released the results from a much-anticipated preliminary economic assessment for their flagship Valley gold deposit, which is part of the Rogue Project in the Yukon. The study, which uses a base case of US$2,150 an ounce gold, has identified Valley as having a net present value of $3.37 billion and […]
LNG Canada Begins Production at First Major Export Facility
LNG Canada has started producing liquefied natural gas for export at its British Columbia facility, marking Canada’s debut in the global LNG market, according to sources familiar with the project. The Shell-operated facility began production at 4 a.m. local time Sunday, representing the country’s first major LNG export terminal with Pacific Ocean access. “At 4 […]
Canada Housing Agency Abandons 2004 Affordability Target
Canada’s national housing agency is abandoning its goal to restore housing affordability to 2004 levels, calling the target “no longer realistic” after pandemic-driven changes fundamentally altered the country’s housing market. The Canada Mortgage and Housing Corporation announced it will instead aim to return affordability to 2019 levels, acknowledging that the remote work revolution and housing […]
BREAKING: Iran Retaliates With Attacks On US Forces In Qatar, Missiles Thwarted
Iran’s Islamic Revolutionary Guard Corps fired a volley of missiles at the US‐run Al Udeid Air Base in Qatar late Monday, calling the attack “a mighty and successful response” to Washington’s weekend bombing of Iranian nuclear sites. However, Qatar’s air defense network intercepted all incoming rounds, and officials in Doha reported “no injuries or human […]
Niger Seizes Uranium Mine From French Nuclear Giant Orano
Niger’s military government announced Thursday its decision to nationalize a major uranium mine operated by French nuclear giant Orano, the latest move in a regional campaign by West African nations to seize control of their natural resources from foreign companies. The Council of Ministers adopted an ordinance authorizing the full takeover of the Somair uranium […]
Trump Wants To Be “Peacemaker” After US Bombs Iran
President Donald Trump ran on the boast that he would be the Middle East’s “peacemaker and unifier.” Yet late Saturday, he greenlit Operation Midnight Hammer, sending seven B-2 Spirit bombers and more than 75 precision weapons against Iran’s Fordow, Natanz and Isfahan enrichment complexes—the first direct US strikes on Iranian soil in nearly half a […]
China Slams US As Iran Attacks Threaten Beijing’s $400 Billion Oil Pact With Tehran
The escalating conflict in Iran is eroding the value of China’s 25-year, US$400 billion Comprehensive Strategic Partnership Agreement with Tehran, a deal centered on discounted oil supplies and large-scale infrastructure projects. Signed in 2021, the pact was designed to give China long-term access to Iranian crude while anchoring Belt and Road investments across ports, pipelines, […]
Torex Gold To Acquire Reyna Silver For US$26 Million In Cash
Another transaction is set to occur in the silver space. Torex Gold (TSX: TXG) has entered into a definitive agreement to acquire Reyna Silver Corp (TSXV: RSLV). The announcement, made this morning, will see Reyna acquired for cash, rather than equity, making the transaction a rarity in the sector. Under the terms of the transaction, […]
Anfield Energy Sees UEC Increase Ownership Stake To 32.4%
Anfield Energy (TSXV: AEC) has seen a major shareholder dramatically increase their interest in the company.