IAMGOLD Closes Out Gold Prepayment Facility That Funded Cote Construction

IAMGOLD (TSX: IMG) has cleared a major hurdle in terms of profitability, announcing this morning that the company has completed the final delivery of gold under a prepayment facility. The facility, which dates back to originally to 2019, was originally put in place as a means of funding the construction of the Cote Gold Mine. […]

Smith Dangles Coastal Pipeline Proposal “Within Weeks”

Alberta Premier Danielle Smith claims a private company will unveil “probably within weeks” a plan for a new crude line from Alberta to British Columbia’s northwest coast—yet scarce are the details on how the multi-billion-dollar venture will manifest. Smith told Bloomberg she is “in active discussions with major energy companies” and believes a coastal route […]

Tesla Faces Fatal Crash Lawsuit as Robotaxi Service Launches

The family of a South Korean lawyer killed in a 2020 Tesla (Nasdaq: TSLA) crash filed a lawsuit against the electric carmaker Thursday, alleging sudden unintended acceleration and safety system failures led to the fatal accident. The case centers on a December 9, 2020 incident when a Tesla Model X crashed into an underground parking […]

Liberals, Conservatives Pass ‘One Canadian Economy Act’ Despite Environmental, Indigenous Opposition

Canada’s House of Commons passed sweeping legislation June 20 that would streamline approval processes for major infrastructure projects and remove interprovincial trade barriers, despite fierce opposition from Indigenous groups and environmental organizations. Bill C-5, known as the “One Canadian Economy Act,” passed with the rare Liberal and Conservative support after two weeks of parliamentary debate. […]

Door-Lock Defect That Can Trap Passengers Forces Massive Ford Mustang Mach-E Recall

Ford (NYSE: F) is recalling 197,432 Mustang Mach-E electric SUVs in the United States—2021-2025 models sold—after discovering that a sudden loss of 12-volt battery power can leave electronic door latches locked and rear seat passengers effectively trapped. The NHTSA warned that the defect “may remain locked after a driver or front-seat passenger exits,” a scenario […]

DeepSeek Assisted Military, Evaded US Export Controls, Official Says

Chinese artificial intelligence company DeepSeek has provided user data to China’s government and military while using shell companies to circumvent US semiconductor export restrictions, a senior State Department official told Reuters. “We understand that DeepSeek has willingly provided and will likely continue to provide support to China’s military and intelligence operations,” the official said in […]

Could EU Be Swapping Critical Minerals For Canada’s Seat In Its Defense Inner Circle?

Canada’s most startling diplomatic coup in years might not be a trade deal but an invitation into the European Union’s inner military sanctum. A leaked draft “Security and Defence Partnership,” initialled in Brussels and packaged with a broader “Strategic Partnership of the Future,” would give Ottawa access to the EU’s Permanent Structured Cooperation mobility projects, […]

Congo Extends Cobalt Export Ban 3 Months to Combat Oversupply

Congo’s mining regulator announced Saturday it will maintain restrictions on cobalt shipments for another three months as the African nation attempts to stabilize prices for the critical battery component. The extension pushes the export halt through September. Congo supplies roughly three-quarters of the world’s cobalt, a key ingredient in electric vehicle batteries. The ban began […]

New York to Build First Nuclear Plant in Decades

New York Governor Kathy Hochul on Monday ordered the state’s power authority to develop an advanced nuclear power plant in upstate New York, marking the first new nuclear facility planned in the state in decades. Hochul said the New York Power Authority will develop at least one nuclear energy facility with a minimum capacity of […]