British Columbia Caps Power for AI Data Centers, Bans Crypto Mining
British Columbia is imposing strict limits on electricity access for artificial intelligence companies and data centers, marking a sharp departure from the province’s previous open-access policy. Energy Minister Adrian Dix tabled legislation Monday that would cap power availability for AI operations at 300 megawatts every two years, with an additional 100 megawatts reserved for data […]
Canada Faces Pressure to Cut Senior Benefits Ahead of Budget
A Canadian advocacy group is urging Prime Minister Mark Carney’s government to slash spending on Old Age Security, the country’s largest federal program, as Ottawa prepares to table its first budget under the new Liberal administration. Generation Squeeze, a generational fairness organization, told reporters in Ottawa that the $80 billion Old Age Security program has […]
Panama Sets Ownership Terms for Cobre Mine Negotiations
Panama will require explicit recognition of state ownership over land and mineral resources in any agreement to reopen the shuttered Cobre Panama copper mine, Finance Minister Felipe Chapman told Bloomberg Friday. Speaking on the sidelines of the International Monetary Fund and World Bank annual meetings in Washington, Chapman emphasized the importance of clearly establishing that […]
Musk Threatens to Leave Tesla Over Pay Package Vote
Tesla (Nasdaq: TSLA) CEO Elon Musk has threatened to resign if shareholders reject his compensation package at next month’s vote. He indicated on X that he would not continue as Tesla’s chief executive if the board’s proposed pay package fails to pass at the November 6 shareholder meeting. The controversial package could grant Musk stock […]
Trump Signals Openness to China Deal as November 1 Tariff Deadline Looms
President Donald Trump indicated over the weekend he remains confident in reaching a trade agreement with China, softening his tone just days after threatening to impose an additional 100% tariff on Chinese imports in response to Beijing’s rare earth export restrictions. Yet with just 10 days remaining until the November 1 deadline, the threatened tariffs—which […]
Ottawa Updates Major Projects List, Adding Churchill Port And Alto High Speed Rail Projects
Ottawa added two projects sans fanfare to the federal Major Projects List, updating a newly published MPO projects map with the Alto High-Speed Rail and Port of Churchill Plus projects, bringing the total projects list to seven. The map originally displayed five projects that had been announced first: LNG Canada Phase 2 in Kitimat, British […]
PMET’s Shaakichiuwaanaan Feasibility Study Confirms US$1.19B NPV, 18.1% IRR
PMET Resources (TSX: PMET) released a lithium-only feasibility study for the CV5 deposit at its Shaakichiuwaanaan Project that delivers an after-tax NPV8% of US$1.19 billion, an IRR of 18.1%, and a 4.7-year payback at a modeled spodumene price of US$1,221 per tonne. The plan outlines a 19-year operation targeting a nominal 800,000 tonnes per year […]
Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco
Steadright Critical Minerals (CSE: SCM) has increased its focus on Morocco, announcing this morning that it has entered into a memorandum of understanding to acquire a historic polymetallic zinc-lead-silver-copper-gold mine in the country, referred to as the Goundafa Mine.
Silver Storm Begins Rehab Of La Parrilla Mine Complex
Silver Storm Mining (TSXV: SVRS) is working to complete rehabilitation of their La Parrilla Silver Mine Complex in Mexico. The company this morning indicated that the program has officially begun, with the engineering contractor now engaged and mobilized. The rehabilitation effort, which is expected to take between seven and nine months, is being undertaken as […]
Amex Drills 213.11 g/t Gold Over 3.75 Metres At Champagne Zone
Amex Exploration (TSXV: AMX) has again encountered high grade gold mineralization while working to advance a phase one feasibility study at their Perron Project. A geomechanical drill program conducted at the Champagne Zone has unexpectedly resulted in the highest grade assay ever received on the property. The three hole geomechanical drill program was designed to […]