Steadright Secures Two Additional Exploration Licenses For Flagship Project
FULL DISCLOSURE: The Deep Dive is long the equity of Steadright Critical Minerals. Steadright Critical Minerals (CSE: SCM) has secured additional land claims related to their flagship Titanbeach Titanium Project in Morocco. The company this morning indicated that they have entered into a memorandum of understanding for two further land claims along the shores of […]
JPMorgan Chase Announces $1.5 Trillion Initiative to Finance Critical US Industries
JPMorgan Chase announced Monday it will facilitate $1.5 trillion in financing over the next decade for industries it considers essential to US economic security, significantly expanding the nation’s largest bank’s support for defense, manufacturing, and energy sectors. The Security and Resiliency Initiative concentrates on four sectors: supply chains and advanced manufacturing, defense and aerospace, energy […]
Netherlands Seizes Chinese Chipmaker, Freezes Company Changes For One Year
The Netherlands seized control of Chinese-owned chipmaker Nexperia, imposing a one-year bar on asset, IP, and staffing changes after what the Ministry of Economic Affairs said as “recent and acute signals” of “significant scale and urgency” and “serious governance shortcomings.” The ministry called the intervention a “highly exceptional” step aimed “to prevent a situation in […]
Bessent: Warp Speed-Type Plan For US Rare Earth Independence
Treasury Secretary Scott Bessent said the administration will execute an “Operation Warp Speed”-style acceleration of America’s rare earth processing, anchored by the Department of Defense’s 15% stake in MP Materials. This comments comes as the cabinet secretary was being interviewed on Fox Business about the government shutdown freezing major IPOs because the SEC is closed, […]
Washington Rumored Readying Countermeasure To Require License For Software Export To China
The US has allegedly started drafting countermeasures that would require export licenses for software sent to China if ongoing negotiations fail. The contemplated licensing regime would shift the control point from hardware to code, covering software shipments into China, framed as a contingency to be triggered only if talks falter. The rumored countermeasures surface in […]
Avino Silver Sees Q3 Production Slip 13% To 580,780 Silver Equivalent Ounces
Avino Silver & Gold (TSX: ASM) saw production slip in the third quarter to 580,780 silver equivalent ounces, a decline of 13% year over year and 10% quarter over quarter. Despite the slip, the company commented that they remain on track for current 2025 guidance. Production in the third quarter consisted of 263,231 ounces of […]
Loncor Gold To Be Acquired By Chinese Entity For $1.38 A Share
Another Canadian explorer has been acquired by a Chinese entity. The latest target is Loncor Gold (TSX: LN), a gold explorer with assets focused on the Ngayu Greenstone belt of the Democratic Republic of the Congo. The transaction announced this morning will see the gold miner acquired for $261 million in an all stock transaction […]
G Mining Sees Production Boost Of 9% In Third Quarter
Production results for the third quarter have been released by G Mining Ventures (TSX: GMIN). The company saw production rise by 9% in Q3 to 46,360 ounces of gold, with all production coming from their Tocantinzinho Gold Mine in Brazil. The production figure follows the Tocantinzinho Mine reaching nameplate capacity early in the quarter, leading […]
Orla Mining Posts Q3 Production Of 79,645 Ounces
Orla Mining (TSX: OLA) this morning reported Q3 gold production of 79,645 ounces of gold, with the quarter representing a new record for the company in terms of ounces produced. The production figure follows 77,811 ounces of gold produced in the second quarter, with year to date production now standing at 205,215 ounces of gold. […]
UPS Destroying Packages as Trump Tariff Changes Create Customs Backlog
UPS (NYSE: UPS) warehouses nationwide hold thousands of international packages in limbo, with the shipping giant acknowledging it has begun “disposing of” some shipments that cannot clear customs under new Trump administration regulations. New customs requirements created the backlog after the Trump administration eliminated the “de minimis” exemption, which for decades allowed packages valued at […]