Scotiabank CEO Sees Canada’s Economic Revival Under Carney
Scotiabank‘s chief executive expressed strong optimism about Canada’s economic prospects, citing recent policy initiatives and renewed government focus on growth as signs the country is emerging from a period of economic stagnation. Scott Thomson, president and chief executive of Scotiabank, argued in a Financial Times opinion piece that Canada has reached what Prime Minister Mark […]
Steadright Enters Into Letter Of Intent For Acquisition Of TitanBeach Titanium Project
Steadright Critical Minerals (CSE: SCM) has advanced discussions on the acquisition of the TitanBeach Titanium Project in Morocco. The previously outlined memorandum of understanding has advance to a letter of intent, with further terms set forth on the acquisition.
Iran’s Ex-Minister Just Made The Potential Hormuz Blockade Threat More Real
When former Iranian economy minister Ehsan Khandouzi urged Tehran to bar “any oil tanker or LNG cargo” from transiting the Strait of Hormuz for the next 100 days unless it first secures Iranian approval, the warning, while not binding, gave a reality check for world powers on the possibility of an oil chokehold and the global […]
Trump TACOs On Immigration Raid Exemptions for Farms, Hotels, and Restaurants
The Trump administration reversed course Monday on a brief exemption for farms, hotel, and restaurants from immigration raids, telling agents to resume enforcement operations at these worksites only four days after pausing them due to industry concerns. Department of Homeland Security officials told Immigration and Customs Enforcement leadership that agents must continue conducting raids at […]
California Pension Fund Members Urge Tesla Divestment at Public Meeting
Advocates presented a petition with more than 800 signatures to California’s largest public pension fund on Monday, calling for divestment from Tesla Inc. (Nasdaq: TSLA) due to concerns about CEO Elon Musk’s behavior and the company’s stock performance, according to a community post on Daily Kos. Daily Kos user NateDoggg reported attending the CalPERS Board […]
Conservative MP Resigns Alberta Seat to Clear Path for Poilievre Byelection
Conservative MP Damien Kurek resigned his Alberta seat Tuesday, clearing the way for party leader Pierre Poilievre to run in a byelection after losing his own riding in last month’s federal election. Kurek, who has represented Battle River-Crowfoot since 2019, sent a letter to the Speaker of the House of Commons announcing his resignation effective […]
Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million
Goliath Resources (TSXV: GOT) has closed out their latest round of financing, bringing total gross proceeds raised to $27.1 million via two separate offerings.
IAMGOLD Sells Off Royalty And Streaming Assets For $17.5 Million
IAMGOLD Corp (TSX: IMG) has reportedly sold off a portfolio of royalty and streams to Summit Royalty Corp, a new royalty and streaming company in the process of being established. The portfolio sold off includes a total of seven royalties and one stream, which was sold for total consideration of $17.5 million. Cash consideration under […]
Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project
A summer exploration program has commenced at Silver47 Exploration’s (TSXV: AGA) flagship Red Mountain VMS project in Alaska. A core rig is said to have now arrived on site, with the first drill hole now underway.
xAI Seeks $4.3 Billion in New Funding as Monthly Costs Exceed $1 Billion
xAI is in talks to raise $4.3 billion in new equity funding while burning through more than $1 billion monthly, Bloomberg reported Tuesday. The equity fundraising by Elon Musk’s company accompanies a separate $5 billion debt package being arranged through Morgan Stanley. Combined, the efforts would bring in $9.3 billion to fund the AI company’s […]