Glencore Confirms Talks With Rio On All-Share Merger Deal

Glencore has confirmed it is in talks with Rio Tinto about a possible combination of some or all of their businesses, a structure that could include an all-share merger between the two mining giants. The talks point straight at the industry’s core profit pools and strategic bottlenecks, with copper, coal, and iron ore explicitly framed […]

Torex Gold Misses 2025 Guidance With 376,586 Ounces Of Gold Equivalent Production

Torex Gold (TSX: TXG) last night after the bell released their fourth quarter and full year 2025 production results. The quarter represented the second quarter in which Media Luna contributed to production. Total production in the fourth quarter amounted to 115,066 ounces of gold equivalent, which was comprised of 93,557 ounces of gold, 454,200 ounces […]

US to Control Venezuelan Oil Sales ‘Indefinitely,’ Energy Secretary Says

The US will control the sale of Venezuelan oil “indefinitely” rather than simply seizing stockpiled barrels, Energy Secretary Chris Wright said Wednesday, outlining a plan that would give Washington sweeping authority over the country’s petroleum industry. “We’re going to market the crude coming out of Venezuela — first this backed up stored oil and then […]

Eby Now Wants A Refinery After Opposing Pipeline Builds

BC Premier David Eby is arguing Canada should spend “tens of billions of dollars” on refinery capacity instead of new export pipelines, positioning domestic processing as the hedge against US refinery dependence and new Venezuelan supply risk. That pitch landed amid heightened oilsands market anxiety after the US capture of Venezuelan President Nicolás Maduro and […]

Ecuador Tightens Mining Regulations With New Decree

Ecuador’s government issued new mining regulations adjusting royalty calculations and strengthening regulatory oversight, adding pressure on an industry already required to generate its own electricity amid the country’s ongoing energy crisis. President Daniel Noboa signed Executive Decree 273 on December 31, 2025, modifying mining regulations that have governed the sector since 2009. The decree strengthens […]

Trump Orders Push to Block Institutions From Single Family Home Ownership

President Donald Trump said he is “immediately taking steps” to ban large institutional investors from buying more single-family homes and will ask Congress to codify it, framing the move as a response to housing affordability pressures and stating. “People live in homes, not corporations,” he wrote. The baseline housing stock is large and only partly […]

Trump Targets Defense Contractors Over Buybacks

President Donald Trump escalated pressure on US defense contractors by tying capital return policies and executive compensation to production speed, maintenance performance, and new factory investment, including a stated intent to block dividends and stock buybacks until operational targets are met. In a statement, Trump said defense contractors are issuing “massive dividends and stock buybacks” […]