Black Friday Spending Surge Masks Declining Consumer Purchasing Power
American shoppers broke spending records during Black Friday 2025, but the numbers reveal a troubling reality: consumers paid more to buy less as inflation and tariffs continued to erode purchasing power. Online sales reached $11.8 billion on Black Friday, marking a 9.1% increase from 2024, according to Adobe Analytics. Consumers spent $6.4 billion on Thanksgiving […]
Tether Abandons $500M Uruguay Mining Plan Over Energy Costs, Lays Off 30 Workers
Cryptocurrency company Tether confirmed last week that it will cease Bitcoin mining operations in Uruguay and dismiss 30 of its 38 employees after failing to secure competitive energy rates from state authorities. The withdrawal ends the company executives’ vision of a $500 million renewable energy-powered mining hub in South America. Tether launched the Uruguay venture […]
OPEC+ Holds Steady on Output as Markets Rally on Supply Fears
OPEC+ left its oil production quotas unchanged on Sunday, deciding to maintain current output levels through the first quarter of 2026. The group adopted a new mechanism to assess each member’s maximum oil-production capacity. It said that the results, to be compiled between January and September 2026, will serve as reference baselines for 2027 quotas. […]
BC Industry Coalition Urges Eby, Carney To Pause DRIPA
A BC Resource Sector Coalition says current federal and provincial policymaking has become unpredictable enough to justify an immediate pause on all implementation and action under Declaration on the Rights of Indigenous Peoples Act (DRIPA). In a letter addressed to BC Premier David Eby and Prime Minister Mark Carney, the coalition said it speaks for […]
ChatGPT to Add Advertising, Beta Code Reveals
OpenAI has begun internal testing of advertising capabilities within ChatGPT, introducing commercial content to an AI assistant that has operated ad-free since launching in late 2022. A beta version of ChatGPT’s Android application contains code references that reveal the company is developing ad-related features, including search advertising and content promotion tools. The discovery comes as […]
Thesis Gold Outlines $2.4 Billion NPV For Lawyers-Ranch Project
Thesis Gold (TSXV: TAU) has outlined a net present value of $2.37 billion alongside an internal rate of return of 54.4% on an after-tax basis for their Lawyers-Ranch project in British Columbia following the completion of a pre-feasibility study. The study, based on US$2,900 an ounce gold and US$35 an ounce silver, outlines an open […]
NexGen Energy Drills 21.4% U3O8 Over 5.5 Metres In Highest Grade Assays To Date At PCE
NexGen Energy (TSX: NXE) this morning is reporting that they have encountered the highest grade drill results to date at the Patterson Corridor East deposit. Those results come from hole RK-25-256, which intersected mineralization down-dip of prior drilling. Highlights from the results include: Hole RK-25-256 is said to be found 119 metres down-dip of hole […]
Highlander Silver Hits 20.82 g/t Gold Over 23.9 Metres, Makes New Discovery
Highlander Silver (TSX: HSLV) this morning is reporting that a new discovery has been made at their San Luis gold-silver project in Peru following shallow drilling. The company has encountered high grade gold within the Bonita vein system, in a new zone referred to as Urpicha. The discovery was made following step out drilling 200 […]
Barrick Mining Exploring IPO Of North American Assets
It’s official. With former CEO Mark Bristow out of the way, Barrick Mining (TSX: ABX) is considering a break up of sorts. The company this morning indicated that the board of directors has authorized the management team to explore an initial public offering for Barrick’s North American gold assets. The arrangement, if ultimately pursued, would […]
Why Copper Is Heading To $30 And Silver To $200 | Craig Parry
In this conversation with Craig Parry, Co Founder of Inventa Capital and Executive Chair of Vizsla Silver (TSXV: VZLA) and CEO of Vizsla Copper (TSXV: VCU), we revisit a pivotal moment in his year. Craig walks through an exceptional stretch of capital raising, nearly half a billion dollars across the Inventa group, and explains how […]