Glencore’s CEO Is Privately Telling Investors He Expects Another Shot at Rio Tinto
The merger that would create the world’s largest mining company collapsed in February. Glencore‘s (LON: GLEN) CEO is now privately telling investors it’s only a matter of time before the numbers force Rio Tinto back to the table. Glencore CEO Gary Nagle is hopeful that rising coal prices will revive merger discussions with Rio Tinto […]
Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy
Steadright Critical Minerals (CSE: SCM) has finalized its latest round of fundraising, closing the second and final tranche of its non-brokered private placement. The exploration firm raised gross proceeds of $485,000 through the sale of 1.94 million units.
LNG Canada’s Ramp-Up Turns Into Strategic Supply Test
LNG Canada’s Kitimat ramp-up is putting Canada’s Pacific energy pitch under pressure: prove the country can be more than a late entrant in Asia’s LNG market. Kitimat gives Canadian natural gas a westbound export route at commercial scale, changing a market position that had long been tied mainly to pipeline sales into the US. For […]
Bank of Canada Holds Rates at 2.25% as Iran Conflict Drives Oil Price Surge
The Bank of Canada kept its benchmark interest rate steady at 2.25% on Wednesday, citing heightened global economic risks from the ongoing war in Iran. With oil prices spiking due to disruptions in the Strait of Hormuz—a critical chokepoint for roughly 20% of the world’s oil supply—the central bank warned of near-term inflationary pressures. The […]
Sponsored · Altamira Gold Corp.
Arizona AG Charges Kalshi With 20 Criminal Counts, Testing Federal Shield Over Prediction Markets
Arizona Attorney General Kristin K. Mayes filed a 20-count criminal information against prediction market operator Kalshi earlier this week, charging both of its operating entities with illegal betting, wagering, and election wagering under state law — the most direct state-level legal assault yet on a business model that Kalshi has spent years defending at the […]
Questcorp and Riverside Lock Down Key Sonora Mineral Concessions
FULL DISCLOSURE: Canacom Group is long the equity of Questcorp Mining and Riverside Resources. Questcorp Mining (CSE: QQQ) and Riverside Resources (TSXV: RRI) have finalized a deal to consolidate a strategic slice of the La Union Project in Sonora, Mexico, securing full control over three key mineral concessions in the Famosa area just as the […]
Brixton Metals Drills 3,638 g/t Silver Over 18.2 Metres At Langis Project
Brixton Metals Corp. (TSXV: BBB) has encountered its highest-grade silver intercept to date at its wholly-owned Langis Project in Ontario, marking a significant milestone for the 2026 exploration season. The results are headlined by hole LM-26-305, which intersected 18.2 metres of 3,638 g/t silver. Within that interval, the company identified a high-grade core of 6.8 […]
Saudi Arabia’s Ras Tanura Refinery Restarts Operations After Being Targeted By Drones On March 2
Saudi Arabia’s Ras Tanura refinery, a critical hub in the nation’s oil infrastructure, has resumed operations following an attack that occurred on March 2. The restart marks a return to normalcy for one of the largest refining complexes in the Middle East, pivotal to global energy supply chains. Located on the eastern coast of Saudi […]
Sponsored · Selkirk Copper Mines
Altamira Gold Drills 4.2 g/t Over 7 Metres At New Target
Altamira Gold (TSXV: ALTA) is proving that there is more to its Cajueiro District than its established deposits. The Vancouver-based explorer announced Wednesday that its first-ever scout drill hole at the Guillermo target in central-western Brazil has intersected high-grade gold, marking another win for its regional exploration strategy.
Hormuz Strait Closure Threatens Metals, Food, and Chips — Not Just Oil
When Iran closed the Strait of Hormuz to commercial shipping on March 2, global markets fixated on crude oil. Brent surged past $100 per barrel and politicians scrambled to release strategic reserves. But a quieter, slower shock is now moving through the metals, fertilizer, and semiconductor supply chains that keep the modern economy running. At […]