Canada Sees April Manufacturing Sales Hit Multi-Year Low
Canada’s manufacturing sector recorded its sharpest monthly decline since late 2023, as Statistics Canada reported Friday that sales fell 2.8 percent in April to $69.6 billion. This marks the lowest level for the industry since January 2022 and extends a three-month streak of falling sales, underscoring the mounting pressures from an escalating tariff dispute with […]
Trump Eyes Defense Production Act to Break China’s Rare Earth Grip
The Trump administration is weighing the use of the Defense Production Act to funnel loans and other federal support into US rare earth mining, processing, and magnet-making, a move designed to blunt Beijing’s near-monopoly on the critical minerals supply chain. Nevada-based MP Materials — the lone US producer — stands to gain most. Deputy Defense […]
Ted Cruz Intensifies Push to End Fed Interest Payments
Senator Ted Cruz is intensifying efforts to strip the Federal Reserve of its authority to pay interest to banks, pitching the proposal as a way to save more than $1 trillion over a decade to help offset the cost of President Donald Trump’s tax and spending package. The Texas Republican said Wednesday he has lobbied […]
Is The US About To Have ‘First Dibs’ On Canada’s Resources?
The Economist briefly posted a now pulled story alleging that Washington and Ottawa are close to a pact giving the US first right of refusal on Canadian resources, particularly critical minerals. The arrangement reportedly would be in exchange for the lifting of tariffs on Canada’s exports to the US. According to an archived excerpt shared […]
“Strength of a Lion”: Inside Israel’s Sudden Air Assault on Iran
Explosions rolled across Tehran shortly after midnight local time on Friday, moments after two senior US officials told Reuters that Israel had launched a unilateral offensive “without any US assistance.” Israeli Defence Minister Israel Katz simultaneously declared a nationwide emergency and closed his country’s airspace as the Israel Defense Forces confirmed Operation Strength of a […]
Founders Metals Bumps Ownership In Antino Gold To 70%
Founders Metals (TSXV: FDR) has successfully increased their ownership in the Antino Gold project in Suriname to 70%. The increase follows the company successfully completing the second stage of an option agreement entered into back in October 2022. The exercise of the second stage of the agreement, which increased Founder’s interest in Antino from 51%, […]
Dundee Precious Metals To Acquire Adriatic Metals For $1.3 Billion
Dundee Precious Metals (TSX: DPM) has entered into an agreement to acquire the UK-based Adriatic Metals, The purchase will see Dundee acquire Adriatic and their Vares mine for a figure of $1.3 billion. The purchase follows Adriatic placing Vares, an underground silver-lead-zinc-gold mine in Bosnia and Herzegovina, into production just last year, with the operation […]
Poilievre Says Pipeline Projects Shouldn’t Require Consensus
Conservative Leader Pierre Poilievre said this week that major infrastructure projects like pipelines should proceed without requiring consensus from all stakeholders and provincial premiers, directly challenging the Liberal government’s approach to energy project approvals. “You’re never going to get everybody to agree on every single project,” Poilievre told reporters on Parliament Hill. When asked whether […]
Aznalcóllar Corruption Case Nears Conclusion | David Gower – Emerita Resources
In this interview, David Gower, CEO of Emerita Resources (TSXV: EMO), discusses the company’s potential acquisition of a polymetallic project located in Spain’s Iberian Pyrite Belt and the legal proceedings that may influence this transaction. The conversation examines ongoing corruption trial proceedings and their potential impact on project ownership and development timelines, as well as recent permitting challenges the company has encountered.
This Is What Would Slam the Brakes on Tesla’s Robotaxi Rollout Plan
Texas’ pending Senate Bill 2425 may do what competitors and regulators have not been able to do: park Tesla’s statewide robotaxi rollout before it starts. Tesla CEO Elon Musk has set June 22 as the “tentative” launch date for a 10-to-20-vehicle robotaxi pilot in Austin, boasting that the cars will complete the first factory-to-customer delivery […]