Romania Declares Energy Emergency After Suspected Russian Sabotage of Oil Supply
Romania has declared a crisis-level energy emergency after discovering that 184,000 tons of Azerbaijani crude oil bound for a major refinery had been contaminated with corrosive chemicals in what sources familiar with the investigation suspect was deliberate Russian sabotage. The contaminated oil, transported via the Baku-Tbilisi-Ceyhan pipeline through Turkey, contained dangerously high levels of organic […]
US Wants 15% Cut On AI Chip Sales To China In Exchange For License
Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) have reportedly agreed to remit 15% of revenue from China AI-chip sales to the US government in exchange for export licenses—an unprecedented revenue-sharing requirement that reshapes the rules of US–China tech trade. The arrangement covers Nvidia’s H20 and comparable AMD parts destined for China. The Commerce Department has […]
China Tries To Ram Filipino Ship On PH Waters, Hits Their Own
A Chinese People’s Liberation Army Navy destroyer collided with a China Coast Guard ship while hounding a Philippine Coast Guard patrol near Bajo de Masinloc on Monday. The incident occurred roughly 10.5 nautical miles east of Panatag Shoal, according to PCG–WPS spokesperson Commodore Jay Tarriela. A six-second clip showed the approach and contact. Tarriela said […]
Ontario First Nation Seeks to Halt Ring of Fire Mining Development
Marten Falls First Nation has launched a legal challenge to block government participation in northern Ontario’s Ring of Fire mining project, dramatically reversing its previous support for the resource development. The community announced the court action at a Thursday press conference, marking a significant shift from its earlier position supporting the controversial mining project. Court […]
Mining Billionaire Predicts ‘Tsunami’ of Crypto Money Moving Into Gold
Billionaire mining executive Pierre Lassonde is predicting a massive shift of cryptocurrency capital into gold investments, citing recent moves by major crypto companies as evidence of an emerging trend. Lassonde, chairman and founder of Franco-Nevada Corp. and former president of Newmont Mining, told King World News that cryptocurrency companies holding “tens of billions of dollars” […]
EMX Royalty’s Net Income Swing In Q2 2025 Overshadowed By Volume Plunge
EMX Royalty (TSXV: EMX) reported a modest 4% rise in Q2 2025 revenue at $6.24 million from $6.01 million a year ago. General and administrative costs declined 5% to $1.62 million while royalty generation and project evaluation costs fell 25% to $2.18 million. This led the firm to swing to a net income of $0.64 […]
Altius Sees Revenue Slip 49.7% In Q2 2025
Altius Minerals (TSX: ALS) has posted their second quarter financial results, headlined by revenue falling from $19.5 million to $9.8 million on a year over year basis, a crash of 49.7%. The revenue decline has been blamed on lower attributable potash volumes and lower dividends from iron ore, which was partially offset by higher base […]
Orla Mining Posts 212% Revenue Jump In Q2 2025 On Record Output
Orla Mining (TSX: OLA) posted quarterly revenue of $263.7 million in Q2 2025, up 212% from $84.6 million in Q2 2024. The jump reflected 78,911 ounces sold versus 34,875 a year ago, and a higher average realized gold price of $3,251 per ounce versus the prior $2,332 per ounce. Costs also jumped with consolidated cash […]
Seabridge Gold Hits 729.1 Metres Of 0.48 g/t Gold, 0.16% Copper At Snip North
Seabridge Gold (TSX: SEA) has identified that a copper-gold porphyry system exists at their Snip North target, which is part of the larger Iskut property in British Columbia. The discovery follows the receipt of assays from the first three drill holes of a 12,000 metre drill campaign focused on the property. Highlights from the results […]
Federal Government Targets Fake Immigration Consultants
Federal authorities plan to introduce tougher enforcement measures targeting immigration consultant fraud, including expanded powers for industry regulators to impose financial penalties and secure victim compensation. The move addresses growing concerns about unscrupulous consultants exploiting vulnerable immigrants through fake job schemes and fraudulent applications. The College of Immigration and Citizenship Consultants currently lacks the enforcement […]