Canada Post Secures $1 Billion Loan After Year of Strikes and Record Losses
The federal government approved a $1.01 billion repayable loan to Canada Post on February 5, marking the second major bailout in just over a year as the Crown corporation loses an estimated $10 million daily. The emergency financing comes on top of $1.03 billion Ottawa provided in January 2025, bringing total federal support to more […]
US-India Trade Framework Explained: Tariff Cuts And Carveouts
The US and India say they have a framework for an interim trade agreement, meant to move quickly on tariffs now while feeding into a broader bilateral trade process launched by President Donald Trump and Prime Minister Narendra Modi. India offers tariff cuts on US imports. The US offers a defined “reciprocal” tariff setup for […]
Anglo American Considers Third De Beers Writedown as Diamond Crisis Deepens
Anglo American said this week it may write down the value of its De Beers diamond unit for the third consecutive year as the diamond industry faces sustained market weakness. The mining giant said it is reviewing De Beers’ carrying value and could record an impairment when it reports upcoming full-year results. The company already […]
Emerita Drills 1.4% Copper Over 9.2 Metres At El Cura In Advance Of Prefeasibility Study
Emerita Resources (TSXV: EMO) this morning released further assay results from ongoing exploration being conducted at their El Cura deposit, which is part of the larger Iberian Belt West Project.
US Grew More Reliant on Mineral Imports in 2025, Reversing Two-Year Decline
The United States increased its reliance on foreign mineral supplies in 2025, reversing a two-year trend of declining import dependence, according to federal data released last week. The US Geological Survey’s 2026 Mineral Commodity Summaries shows the country depended on imports for more than half its consumption of 54 nonfuel minerals in 2025, up from […]
China Tells Big Banks to Curb US Treasury Buying
China has advised some of its biggest banks to limit purchases of US Treasuries and urged those with high exposure to pare holdings, citing concentration risk and volatility, according to people familiar with the matter. The guidance was delivered verbally in recent weeks and did not include specific targets on size or timing, the people […]
Azimut Drills 3.26 g/t Gold Over 9 Metres At Wabamisk, Confirming Discovery
Azimut Exploration (TSXV: AZM) has confirmed that a new gold discovery has been made at their Wabamisk property in the James Bay region of Quebec. The discovery follows a maiden drill program that was conducted at the Rosa Zone of the property. The maiden program consisted of a total of 26 holes that saw 3,633 […]
Steadright Hints At Near Term Mineral Extraction From New Copper Valley Project
Steadright Critical Minerals (CSE: SCM) has hinted this morning that they expect near term production from one of their newest assets.
Osisko Development Selects JDS For Project Management At Cariboo As Final Investment Decision Nears
Osisko Development (TSX: ODV) has awarded a major contract this morning. The contract, awarded to JDS Energy & Mining, is for project and construction management services for the development of Osisko’s flagship Cariboo Gold project in British Columbia. The awarding of the contract follows Osisko last week closing on gross proceeds of US$143.8 million under […]
A New Era For The Fed? Warsh’s Proposed Accord Sparks Independence Debate
Kevin Warsh, President Trump’s nominee to lead the Federal Reserve, is signaling a major shift in how the central bank operates, floating a proposal that could fundamentally redefine its relationship with the U.S. Treasury. At the heart of the discussion is Warsh’s call for a new “accord” between the two institutions — a move that […]