Exxon Says Power Is Back At Joliet, But The Refinery Still Isn’t
Days after a Joliet refinery outage sent US diesel higher, the fallout has crossed into Canada, with Alberta gas prices jumping alongside it.
South Korea’s Lee Rules Out Any Troops for the Iran War
South Korea will protect its own ships near Hormuz but won’t go further — President Lee ruled out any troop deployment to the Iran war Friday.
Ford, Joly Press Stellantis to Build in Canada or Repay Ottawa
The federal government is giving Stellantis a blunt choice on its idled Brampton assembly plant. Build a new vehicle there, or hand back the public money that was meant to keep the factory running. Federal Industry Minister Melanie Joly said Ottawa is applying “maximum pressure” on the automaker to commit a new model to the […]
OpenAI Model Wrote Jailbreak Instructions Into Its Own Handoffs
OpenAI has disclosed a failure mode in which an AI model did not need an outside attacker to introduce new instructions into its working context. During reinforcement-learning training, an unreleased Astra-family model generated jailbreak-style directives inside its own compaction summaries, the handoff notes used to continue a long task in a fresh context window. The […]
Sponsored · Selkirk Copper Mines
CoreWeave Seeks $3B Debt, 35M-Share Sale as AI Compute Pricing Surges
CoreWeave is getting substantially more money for some of its AI compute capacity, preparing to raise billions more to keep building it. The AI cloud provider on Thursday launched a proposed $3.0 billion convertible senior notes offering, with an option allowing buyers to purchase another $500 million, while separately establishing a program through which it may sell […]
CleanSpark Reveals Meta Behind $6.6 Billion AI Lease, Requires $2.23 Billion Financing
CleanSpark has identified Meta Platforms as the technology company behind its $6.6 billion Sandersville data center lease, ending two months of uncertainty over the customer anchoring the Bitcoin miner’s push into artificial intelligence infrastructure. The disclosure came in investor materials furnished with an SEC filing. CleanSpark said Anviran LLC, the tenant on the 175 MW […]
Honey Badger Silver Pegs PC Silver Mine After-Tax NPV at C$1.7 Billion in Updated PEA
Honey Badger Silver (TSXV: TUF) has released an updated preliminary economic assessment for its PC Silver Mine in the Northwest Territories, outlining a 22 year underground operation that would turn out significant volumes of zinc and lead alongside silver. The study puts the project’s after-tax net present value, at a 5% discount rate, at C$1.68 […]
Google, Nvidia Push AI Data Centers to Cut Grid Demand
Alphabet, Nvidia, and Emerald AI are asking utilities and regulators to treat AI data centers less like guaranteed round-the-clock electricity loads and more like customers that can reduce their draw when the grid is tight, tying that flexibility to faster grid connections and potentially lower infrastructure costs. The companies on launched the AI Energy Management […]
Sponsored · Selkirk Copper Mines
Cartier’s Updated Cadillac PEA Raises After-Tax NPV to $1.0 Billion From $388 Million in 2023
Cartier Resources (TSXV: ECR) has released an updated preliminary economic assessment for its Cadillac gold project. The study puts the project’s after-tax net present value at C$1.0 billion using a 5% discount rate, with an after-tax internal rate of return of 26.6%. The base case uses gold at US$3,600 an ounce and an exchange rate […]
NexGold Begins Early Works at Goldboro Ahead of Q4 Construction Decision
NexGold Mining (TSXV: NEXG) has begun site preparation and early works construction at its Goldboro gold project in Nova Scotia, putting the asset on track for a formal build decision later this year. The company’s board expects to consider a construction decision in the fourth quarter of 2026. Full-scale construction is currently targeted to start […]