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Trump Admin Takes Equity In USAR As Firm Signs $1.6B CHIPS LOI

USA Rare Earth (NASDAQ: USAR) on Monday announced a non-binding LOI with the Commerce Department’s CHIPS Program covering $1.6 billion, paired with a $1.5 billion private PIPE, bringing proposed total capital to $3.1 billion as the company targets a mine-to-magnet heavy rare earth value chain by 2030. The CHIPS LOI totals $1.6 billion, split into […]

Toyota Starts $1.1 Billion RAV4 Production in Ontario

Toyota started production of its redesigned RAV4 hybrid at Ontario plants last week, committing $1.1 billion to Canadian manufacturing amid tariff threats and trade uncertainty. The Japanese automaker launched the sixth-generation RAV4 on January 23 at facilities in Woodstock and Cambridge employing 8,500 workers. This new investment brings its total Canadian spending to $12 billion […]

Aya Gold Guides To 6.5 Million Silver Equivalent Ounce Production Midpoint In 2026

Aya Gold & Silver (TSX: AYA) is calling for increased production at their Moroccan operations in 2026. The company this morning released guidance for the year, with the firm indicating that it expects to see production from not one but two different sources. Total production for 2026 is estimated at 6.2 to 6.8 million silver […]

Skeena Receives Environmental Approval For Eskay Creek Project

Skeena Gold & Silver (TSX: SKE) last night managed to pass a major hurdle for it’s flagship Eskay Creek project, with the announcement by the Impact Assessment Agency of Canada that the project had been approved for development under the ‘one project, one review‘ process in British Columbia. The approval effectively grants the project both […]

Strikers Block Mining Route to Chile Copper Giants

Chile’s Escondida and Zaldivar copper mines are facing operational disruption after striking contract workers launched intermittent roadblocks on a critical mining route, according to BHP. “Our company has been affected for four days by a third-party conflict. The blockades on the mining route have led to intermittent vehicle traffic to and from our operations, with […]

Nvidia Paid ‘Tens of Thousands’ for Pirated Books After Being Warned They Were Illegal

NVIDIA Corp. (Nasdaq: NVDA) contacted a controversial online repository of pirated books to obtain high-speed access to copyrighted material for training artificial intelligence models, according to internal company documents filed in federal court. The correspondence, revealed in an amended complaint filed January 16 in US District Court for the Northern District of California, shows an […]

Wyoming Hedges Against Dollar Decline With Historic $10 Million Gold Reserve

Wyoming is quietly betting against the dollar. The state has completed a historic $10 million gold purchase, becoming the first to mandate bullion reserves as the greenback’s global dominance hits a 25-year low. State officials confirmed the December transaction during a January 9 legislative hearing. Wyoming acquired approximately 2,300 ounces of physical gold under Senate […]

Libya Signs $20 Billion Oil Deal to Double Production Capacity

Libya sealed a 25-year oil development agreement on January 24 with TotalEnergies and ConocoPhillips, marking the country’s largest foreign investment deal since the 2011 overthrow of Muammar Gaddafi. The agreement channels more than $20 billion in foreign capital through Waha Oil Company, a subsidiary of Libya’s state-run National Oil Corporation. The deal targets production capacity […]

Ukraine Awaits Signing of US Security Pact After Inconclusive Peace Talks

Ukraine and Russia concluded their first trilateral peace negotiations with the United States this weekend, ending two days of talks without reaching an agreement as territorial disputes remain unresolved. The meetings were the first time officials from all three countries gathered since Russia launched its full-scale invasion in February 2022. Ukrainian President Volodymyr Zelenskyy described […]

Barrick North America IPO Hinges On Newmont ROFR

Barrick Mining’s (TSX: ABX) plan to spin off its North American assets is effectively conditional on Newmont’s (NYSE: NEM) consent, because Newmont holds a right of first refusal and approval rights that can constrain any transfer involving Nevada Gold Mines, Barrick’s main North American asset. Documents reviewed by Reuters and former Barrick executives show Newmont […]