Pakistan and Afghanistan Exchange Heavy Fire in Deadliest Border Clashes Since Taliban Takeover
Heavy fighting along the Afghanistan-Pakistan border has left at least 32 soldiers dead on both sides, representing the worst violence between the two nations since the Taliban seized control of Afghanistan in 2021. Pakistan’s military reported losing 23 soldiers in clashes that began late Saturday along the disputed 2,640-kilometer frontier. Afghanistan’s Taliban government confirmed nine […]
Codelco Raises Loss Estimate from El Teniente Collapse, Calls It ‘New Phenomenon’
Codelco has increased its loss estimate from the deadly El Teniente mine collapse to 48,000 metric tons of copper production and approximately $500 million in lost EBITDA this year, company chairman Máximo Pacheco said ahead of LME Week. The revised figures represent a 45% increase from the miner’s previous estimate following the July disaster at […]
Pentagon Launches $1 Billion Push to Secure Critical Minerals Supply
The Defense Department plans to spend as much as $1 billion acquiring strategic minerals for stockpiling, a major expansion aimed at breaking American reliance on foreign suppliers, the Defense Logistics Agency disclosed in recent public filings. The Trump administration authorized the procurement push after China imposed stricter controls on exports of rare earth elements essential […]
China Offers to Lift Agricultural Tariffs if Canada Drops EV Levies
China’s ambassador to Canada says Beijing will remove punitive tariffs on Canadian canola and pork if Ottawa scraps its 100% levy on Chinese electric vehicles, offering a potential resolution to a trade dispute that has devastated Prairie farmers. Ambassador Wang Di presented the offer during a CTV “Question Period” interview broadcast on Sunday, marking the […]
US-China: Trump Says Xi Just Had “Bad Moment” On Tariff, Rare Earth Control Confusion
US–China tariff risk shifted from a threatened 100% levy to mixed de-escalation signals after Beijing clarified its rare-earth “export controls” were not an export ban, even as $2.5 trillion in S&P 500 market cap evaporated during Friday’s selloff. Beijing’s clarification stated the controls are “not a ban,” that export applications meeting regulations will be approved, and that […]
Majority of Canadians Back Proposed Alberta-to-BC Pipeline, Poll Shows
Nearly six in 10 Canadians support a proposed pipeline from northern Alberta to British Columbia’s northwest coast, including a majority of BC residents, according to polling the Angus Reid Institute released Thursday as tensions continue to escalate between the two provinces’ premiers. The survey found 59% of Canadians favor the pipeline concept, with support reaching […]
Crypto Armageddon: $19B Wipeout Largest Liquidation In History
Crypto logged its largest liquidation on record of more than $19 billion in leveraged positions wiped out in roughly 24 hours, liquidating about 1.6 million traders and producing a $20,000 daily swing in Bitcoin tied to an estimated $380 billion market-cap shock. Observers note crypto started sliding around 9:30 AM ET on October 11, with […]
Australia Weighs $1.2B Critical Minerals Reserve
Australia is considering mandated minimum prices for critical minerals and a A$1.2 billion (about US$777 million) strategic minerals reserve as part of a potential resources deal with the US, according to a leaked departmental brief summarized by Bloomberg. The government has begun talks with miners about contributing to the billion reserve, with the proposal aimed […]
When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources
In this conversation with David Gower, CEO of Emerita Resources Corp. (TSXV: EMO), we dive into the state of the copper market, the long-awaited Aznalcóllar court decision in Spain, and what’s next for Emerita’s projects across the Iberian Peninsula.
Mining M&A: Gold X2 Acquires Kesselrun Resources
The Canadian junior mining market continues to see the trick down effect of the gold rally, with another M&A transaction announced this past week. The latest tie-up is focused on Northern Ontario, in a region that is said to have an “emerging” greenstone gold belt to the northwest of Thunder Bay. Gold X2 Mining (TSXV: […]