Pakistan Slashes Government Fuel Use as Energy Crisis Deepens
Pakistan has brought back much of an emergency fuel-conservation regime it dismantled less than three months ago, as renewed disruption across Middle Eastern energy routes pushes Islamabad to cut government consumption while subsidizing fuel for millions of motorists. Prime Minister Shehbaz Sharif approved the new austerity campaign, ordering a 50% reduction in fuel allocations for […]
What Alberta-Saskatchewan-NWT Nuclear Pact Actually Commits
Alberta, Saskatchewan, and the Northwest Territories are moving nuclear power into a broader regional electricity strategy, signing an agreement that covers everything from reactor selection and uranium supply to new transmission links, while stopping short of committing any government to build a reactor. The memorandum of understanding creates a framework for cooperation on conventional large […]
Supreme Court Says Unfixed Elections Canada Error Can Void The Results
The Supreme Court has now explained why a postal-code mistake by Elections Canada was serious enough to erase a federal election result, drawing a line between ordinary election-day errors and administrative failures capable of determining who sits in Parliament. In written reasons released Friday, the Court said the issue in Terrebonne was not simply that […]
Saudi Aramco Cuts Europe From October Crude, Redirects Exports To East Asia
Saudi Aramco is preparing to leave European term customers without October crude even as it builds an alternate export chain through the Gulf and Oman, turning damage to the kingdom’s East-West Pipeline into a geographic reshuffling of supply rather than a uniform halt to Saudi exports. Bloomberg reported Friday, citing people informed of the decision, that […]
Sponsored · Selkirk Copper Mines
US Signals Another SPR Release As Stockpile Hits 1982 Low
The US government could release another tranche of crude from the Strategic Petroleum Reserve as an unusually tight near-term oil market makes the remaining barrels under its March emergency authorization increasingly attractive. Energy Secretary Chris Wright said another round of SPR loans is a “very real possibility,” according to Argus Media, as immediate crude prices trade […]
Mercado Minerals Signs LOI for La Franca, Adding 750 Metres of Undrilled Vein at Zamora
Mercado Minerals (CSE: MERC) has signed a letter of intent to acquire the La Franca concession. The deal would add the missing segment of a key vein to its Zamora silver-gold project in Sinaloa, Mexico. La Franca sits next to the company’s Campanillas concession. Together, the two would give Mercado 750 metres of continuous vein […]
Santacruz Silver Buys US$9.2 Million Bolivian Mill to Ease Processing Bottleneck
Santacruz Silver Mining (TSXV: SCZ) has picked up a 500 tonne per day milling facility in Bolivia. The company says the added processing capacity will unlock growth on two fronts at once. The mill has two 250 tonne per day circuits with selective flotation for lead, zinc and silver recovery. It sits roughly 5 kilometres […]
Goliath Hits Visible Gold In Bonanza Zone Step-Outs, Drills 9.12 g/t Gold Equivalent Over 11.27 Metres
Goliath Resources (TSXV: GOT) is still looking for the edges of its Surebet discovery, and the latest assays from the Bonanza Zone suggest they are further out than expected. The company reported results from three holes on Friday, all drilled at its Golddigger property in British Columbia’s Golden Triangle. Every one of them contained visible […]
Sponsored · Selkirk Copper Mines
Allied Gold Feeds First Ore to Crusher at Kurmuk as Ethiopian Mine Nears Gold Pour
Allied Gold (TSX: AAUC) has fed the first ore through the crushing circuit at its Kurmuk gold project in western Ethiopia, moving the mine a step closer to its first gold pour. The milestone follows the energization of an 88-kilometre, 132-kV power line that ties the site into Ethiopia’s national grid. State utility Ethiopian Electric […]
Nobel Prize, Person Of The Year Floated For Mark Carney Amid Strengthening EU Ties
NYU Stern professor, entrepreneur, and political-economic commentator Scott Galloway is making a much bigger claim about Prime Minister Mark Carney than simply saying the Canadian leader is handling President Donald Trump well. During a panel discussion focused on Canada’s accelerating alignment with Europe, Galloway raised the prospect of Carney becoming a Person of the Year-type figure, entering […]