Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project
The first assay results from a four hole drill program conducted at Sterling Metals’ (TSXV: SAG) Copper Road project, now known as the Soo Copper Project, have been released.
Frontier Outlines $932 Million NPV Under Definitive Feasibility Study For PAK Lithium Project
Frontier Lithium (TSXV: FL) has released the results of a definitive feasibility study for its PAK Lithium project. The study, which focuses on the mine and mill segment of the larger project, has outlined an after-tax net present value of $932 million and an IRR of 17.9% for the project, which is based on an […]
Hudson’s Bay to Lay Off 8,300 Workers as Canada’s Oldest Retailer Closes
Hudson’s Bay Co. will eliminate more than 8,300 jobs by Sunday as the storied Canadian retailer completes its final liquidation and permanently closes all stores across the country, according to documents published Monday. The cuts represent 89% of the company’s workforce and mark the end of the 355-year-old retailer that has been a fixture in […]
Trump-Cleared: Nippon Set to Snap Up US Steel at Original $55-Per-Share Deal
Japan’s Nippon Steel is expected to close its long-contested takeover of US Steel after winning a presidential sign-off, the original $55-per-share bid, and fashioning a “golden-share” pact that keeps strategic control on American soil. The aquisition talks—re-opened by President Donald Trump in April after Joe Biden blocked it on national-security grounds—will anchor US Steel’s headquarters in Pittsburgh […]
Eby Uses Consent Route for “$30B” Critical Mineral Mines, Dodges Bill 15 Storm
B.C. Premier David Eby says his government can unlock “about $30 billion” in new critical mineral mines in the province’s northwest by striking consent-based agreements with First Nations, skirting away from the pressure to scrap the contentious Infrastructure Projects Act (Bill 15). “Here in B.C., economic development, conservation of precious water and land, and partnership with First […]
Student Visa Interviews On Hold as US Weighs Social Media Checks
International students seeking to study in the United States face new delays as the Trump administration suspends visa interview scheduling while developing expanded social media screening requirements, according to internal State Department communications obtained by Politico. A Tuesday directive from Secretary of State Marco Rubio instructs American diplomatic missions to halt new appointments for student […]
Florida Becomes Nation’s Largest State to Allow Gold, Silver as Legal Tender
Governor Ron DeSantis signed legislation Tuesday making Florida the first major state to recognize gold and silver as legal tender, calling it protection against federal monetary policy and the declining dollar. The Republican governor signed House Bill 999 during a ceremony in Apopka, saying the measure gives Floridians “financial sovereignty” as alternatives to traditional currency. […]
Canada’s Liberals Finish Just 60 Votes Away From Majority After Recounts
Canada’s ruling Liberal Party fell three seats short of a parliamentary majority after election recounts concluded Friday, forcing Prime Minister Mark Carney to govern with a minority. The Liberals won 169 seats in the 343-seat House of Commons, three shy of the 172 needed for a majority. The Conservatives took 144 seats. Judicial recounts in […]
China Opens Vast Commodities Markets Wider to Foreign Investors
China unveiled plans Tuesday to dramatically expand foreign access to its commodities markets, with the Shanghai Futures Exchange proposing to let overseas participants use foreign currency as collateral for yuan-denominated trades in a bid to challenge Western pricing dominance. The proposal is China’s most ambitious commodities market liberalization effort yet and comes as the world’s […]
First Majestic Makes Second Major Discovery At Santa Elena In Just A Year
Another major discovery has been made at the Santa Elena mine complex in Sonoro, Mexico, which is owned and operated by First Majestic Silver (TSX: AG) (NYSE: AG). The discovery marks the second major discovery in just a single year at the mine.