Lundin Mining: Copper JV Establishes A MASSIVE Resource
We’ve officially got a new major deposit, folks. Turns out Filo del Sol, which was acquired by a joint venture between Lundin Mining (TSX: LUN) and BHP Group in January for $4.5 billion, may have been.. Cheap. The project, held in an entity referred to as Vicuna Corp, post-transaction has been effectively combined with the […]
Eldorado Gold Q1 Earnings: Where’s The Cash Flow?
As it turns out, not everyone is generating free cash flow in this gold environment. Some have instead elected to prioritize growth efforts over stacking money in a bank vault, and well, the market doesn’t seem to like that idea. Just ask Eldorado Gold (TSX: ELD) about it, who sunk as much as 3.4% on […]
US, Saudi Ink $600B Megadeals With Defense, Mining, and Energy at the Core
The US and Saudi Arabia signed a sweeping set of agreements this week spanning energy, defense, mining, and advanced technology. The package—touted by President Donald Trump’s administration as totaling over $600 billion—ushers in what is being billed as a “new golden era” of bilateral cooperation. The centerpiece is a $142 billion arms deal, described as the largest […]
Walmart Warns Of ‘Unprecedented’ Tariff-Induced Price Surge
Walmart’ this week issued a warning for “unprecedented” price hikes tied to US-China tariffs, as the retail giant prepares to pass costs to consumers. CFO John David Rainey announced plans to raise prices this summer, citing tariffs that have driven supplier costs higher. This is exemplified by bananas spiking prices to 54 cents per pound […]
China Lifts Rare Earth Curbs on US Firms After Tariff Breakthrough
China’s surprise decision to suspend rare earth export curbs on 28 US entities underscores a strategic pivot in Beijing’s trade stance. Effective immediately and lasting 90 days, the Ministry of Commerce announced that exporters of rare earths and other dual-use goods “can apply for licenses to resume shipments,” a move timed just two days after […]
Denmark Rethinking 4-Decade Nuclear Ban Amid Green Transition Push
Denmark’s government is analyzing whether to end its 40-year ban on nuclear power, marking a potential paradigm shift in a nation long synonymous with wind energy dominance. Climate Minister Lars Aagaard confirmed this week that officials will assess nuclear technology’s role in securing stable electricity supplies as renewable-heavy grids face reliability challenges. “We can’t have […]
“Meant To Stay Canadian”: Canadian Tire Saves Hudson’s Bay IP in $30M Acquisition Deal
Canadian Tire Corporation (TSX: CTC.A) will absorb Hudson’s Bay Company’s most recognizable brands and trademarks in a $30 million deal, rescuing key intellectual property from the 354-year-old retailer’s collapse under creditor protection. The transaction, pending court approval, includes HBC’s iconic multicolored stripes, coat of arms, houseware labels Gluckstein and Distinctly Home, and apparel line Hudson […]
Venezuelan Forces Attack Guyana Troops Near ExxonMobil’s Oil Hub
Guyana’s military reported three attacks by Venezuelan armed individuals in civilian clothing along the contested Cuyuni River this week, marking a dangerous escalation in the decades-old dispute over the oil-rich Essequibo region. No casualties were reported, but the Guyana Defence Force has intensified patrols ahead of Venezuela’s planned May 25 referendum to assert sovereignty over […]
Carney’s “Nearly Zero” Tariffs Leave $20B Missing… And Maybe The Spring Budget?
Prime Minister Mark Carney’s abrupt rollback of retaliatory US tariffs has stripped Ottawa of a projected $20 billion revenue stream—and observers are wondering if this is the reason why there’s no budget this spring. Canada imposed 25% duties on roughly $60 billion of American-made goods in March, then matched US auto levies in April. Yet […]
US Extends Export Controls on Huawei AI Chips to ‘Anywhere in World’
The US has declared that using Huawei‘s AI chips anywhere in the world violates American export controls, dramatically expanding its claim to regulate technology far beyond US borders. The Commerce Department’s Bureau of Industry and Security announced Tuesday that deploying Huawei Ascend chips — even by Chinese companies operating solely in China — breaches US […]