Newmont Completes $4 Billion Asset Divesture Program
While junior explorers and developers have rushed over the last twelve months to secure a spot at the table for the ongoing gold rush, the world’s largest gold miner had a different plan. They wanted to divest assets. And not just piddly little operations either. No, they wanted to get rid of about 1.2 million […]
Trump’s Tariff Revenue Reaches $500 Million, Below Trump’s Claims
US Customs and Border Protection has collected approximately $500 million from President Donald Trump’s latest tariffs, far short of the $2 billion daily revenue the president has repeatedly claimed, CBP said. “Since April 5, CBP has collected over $500 million under the new reciprocal tariffs, contributing to more than $21 billion in total tariff revenue […]
Ontario to Designate Ring of Fire as Strategic Zone to Expedite Mining
Ontario’s government plans to introduce legislation allowing it to designate regions containing critical mineral deposits, including the Ring of Fire, as areas of strategic importance, according to Tuesday’s Throne Speech. The Ford government said the legislation will provide “significantly streamlined permitting and approvals” to developers meeting operational, safety, and environmental standards, aiming to accelerate the […]
Fyre Festival 2 Postponed (Again) Indefinitely, Ticket Holders Receive Refunds
Just two months before it was slated to begin, Fyre Festival 2 has been postponed indefinitely, according to messages sent to ticketholders. The event, meant to be the sequel to the disastrous 2017 festival of the same name, was slated to take place in Mexico from May 30 to June 2. But according to ABC […]
Colombian Government Ends Ceasefire with FARC Breakaway Faction
Colombian President Gustavo Petro announced on Thursday the suspension of a ceasefire agreement with a faction that broke away from the Revolutionary Armed Forces of Colombia (FARC) guerrilla group, dealing a blow to his ambitious peace agenda. The ceasefire, which had been in effect since December 2023 and extended several times, expired earlier this week. […]
Whistleblower Claims Musk’s DOGE Team Stole Labor Data
A whistleblower at the National Labor Relations Board has alleged that officials from Elon Musk’s Department of Government Efficiency improperly accessed and extracted sensitive labor data from the agency’s internal systems, according to a report from NPR. Daniel Berulis, an IT staffer at the labor agency, reported observing unusual data extraction patterns after DOGE employees […]
Tariffied! Cleveland-Cliffs Not Immune To Market Meltdown
Cleveland-Cliffs Inc. (NYSE: CLF) is an American steel company. It’s a vertically-integrated business that mines iron ore in Michigan and Minnesota, then finishes it into steel that gets cut and stamped into all sorts of different car parts, sometimes by Cleveland-Cliffs themselves at their tooling and stamping facilities, and other times by their customers who […]
Google Found Guilty of Ad Tech Monopoly
A US federal court has ruled that Google illegally holds monopoly power in key digital advertising markets, marking a second major antitrust blow within a year for the tech giant. District Judge Leonie Brinkema concluded that Google violated Sections 1 and 2 of the Sherman Act by monopolizing the open-web display publisher ad server and […]
China Boosts Canadian Oil Imports as Trade War With US Intensifies
Chinese refiners have slashed US oil purchases by 90% while importing record volumes of Canadian crude, as trade tensions between the world’s two largest economies continue to worsen. Chinese crude imports from Canada hit an unprecedented 7.3 million barrels in March and are expected to exceed that figure in April, according to data from Vortexa […]
Beijing Denies Zelensky’s Claims of Arming Russia in Ukraine War
China’s Foreign Ministry on Thursday rejected accusations by Ukrainian President Volodymyr Zelensky that Beijing is supplying weapons to Russia, calling the claims “groundless.” The denial came a day after Zelensky said Ukraine’s intelligence services had obtained information about Chinese supplies of gunpowder and artillery ammunition to Moscow. “Today, we have proven information from the Security […]