Bank of Canada Holds Rate at 2.25% as Iran War Fuels Inflation and Energy Crisis
The Bank of Canada kept its benchmark interest rate steady at 2.25% on Wednesday, marking the fourth consecutive hold since a 0.25% cut in October 2025, as the ongoing war in Iran, now in its third month, drives energy price spikes and global economic uncertainty. Governor Tiff Macklem acknowledged the challenging landscape, pointing to geopolitical […]
First Quantum Raises Guidance Despite Wider Loss In Q1 2026
First Quantum Minerals (TSX: FM) widened its Q1 2026 loss as hedge losses, lower sales volumes, and a stronger Zambian kwacha offset higher realized copper prices, even as the miner raised 2026 copper guidance after Panama approved processing of Cobre Panamá stockpiled ore. The company reported a net loss attributable to shareholders of $196.0 million, […]
Guanajuato Silver’s Q4 Revenue Climbs to $22.7M as Production Rises Across the Board
Guanajuato Silver (TSXV: GSVR) closed out 2025 with a sharp increase across both its income statement and its production metrics, capping a year in which the precious metals producer moved past the working-capital constraints that defined its first half. Revenue for the fourth quarter came in at $22.7 million, up 40% from $16.3 million in […]
Central Banks Ramp Up Gold Purchases to 244 Tons in Q1 Amid Price Slump
Central banks stockpiled gold at the fastest pace in over a year during the first quarter, capitalizing on a sharp price correction to amass 244 tons of the metal, up from 208 tons in the prior quarter, according to the World Gold Council. Poland, Uzbekistan, and China emerged as the top buyers, driving a wave […]
Sponsored · Selkirk Copper Mines
Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program
Mercado Minerals (CSE: MERC) reported the first assay results from its inaugural diamond drill program at the Copalito Project in Sinaloa, Mexico on Wednesday, with the opening trio of holes confirming continuity along the 5 Señores vein.
Cabral Gold Advances Cuiu Cuiu Project To 70% Completion
Cabral Gold (TSXV: CBR) is steadily advancing construction at their flagship Cuiú Cuiú in project in Brazil. The project is now moving its Phase 1 gold-in-oxide heap leach project into the plant erection phase. Construction is roughly 70% complete, with 85% of project costs locked in under contract. The company says the build remains on […]
A Shooting at the Correspondents’ Dinner Finds Trump at His Lowest Approval Yet
President Donald Trump’s approval rating fell to its lowest point of his second term just days before an armed man attempted to storm the White House Correspondents’ Dinner. It is yet to be seen whether surviving another assassination attempt can reverse a slide that months of economic anxiety and an unpopular war have driven. A […]
Appalachia Is Sitting on Enough Lithium for 328 Years of America’s Battery Needs
A US Geological Survey assessment published on Tuesday estimates the Appalachian region holds 2.3 million metric tons of undiscovered, economically recoverable lithium — enough at current import levels to supply the US for 328 years and to power 130 million electric vehicles or 1.6 million grid-scale batteries. The US currently imports more than half its […]
Sponsored · Cambria Gold Mines
Iran Claims It Transferred 15 Unexploded US Weapons for Reverse Engineering, Including Intact GBU-57
Iran’s Islamic Revolutionary Guard Corps claimed this week it recovered more than 15 unexploded American weapons from strikes on its territory and transferred them to technical and research units for reverse engineering — including, according to Iranian state media, a fully intact GBU-57 bunker-buster bomb that failed to detonate during US strikes on Iran’s nuclear […]
King Charles to Trump: ‘You’d Be Speaking French’ if Not for the British
King Charles III arrived in Washington this week carrying an uncomfortable brief: repair a fraying alliance, nudge a skeptical American president back toward multilateralism, and do it all without triggering the kind of transatlantic blowup that has defined US-UK relations since the Iran war began — all while never once appearing to be doing any […]