Wednesday, May 6, 2026

Canada Nickel Releases Initial Resource Estimate For Mann West

Canada Nickel (TSXV: CNC) has finally published an initial mineral resource estimate for their Mann West nickel project in the Timmins region of Ontario. The resource, notably is dramatically larger than the initial resource estimate established for their flagship Crawford project. Highlights of the resource estimate include: The mineral resource is said to cover 40% […]

Audit Finds Feds Paid ArriveCan Contractor Even With “Little To No Evidence” Of Work

Federal departments paid ArriveCan contractor GCStrategies even when “little to no evidence” showed any work had been performed, Auditor-General Karen Hogan revealed. In 46% of the sample she reviewed, officials approved invoices without verifying deliverables which the report warns may breach the Financial Administration Act. “Despite this, federal government officials consistently authorized payments,” Hogan wrote, […]

Trump Negotiates Deal With China… Or Did He?

President Donald Trump declared that a deal with China has been struck, writing on Truth Social that “OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME.” The president promises upfront Chinese deliveries of rare-earth magnets and a 55% US tariff haul in exchange for easing visas on Chinese students. […]

Tether Scoops One-Third Of Elemental Altus Royalties For $122M

Tether has bought 78,421,780 common shares of Elemental Altus Royalties (TSXV: ELE) from La Mancha Investments for $121.6 million in an off-market block trade, making its first big move into the mining-royalty space. The purchase lifts the stable-coin firm’s holding from 4.36 million shares (1.8%) to 82.78 million shares, or 33.7% of Elemental’s 245.8 million […]

Sitka Hits 2.00 g/t Gold Over 65 Metres At RC Gold

Sitka Gold (TSXV: SIG) has released the first assay results from an ongoing 2025 summer drill program at their RC Gold project in the Yukon. The program has picked up where the winter drill program stopped, with the first results coming from a hole that was partially completed under that prior program. Highlights from the […]

Goldshore Drills 1.52 g/t Gold Over 17.7 Metres In Newly Discovered Mineralized Shear Zone

Goldshore Resources (TSXV: GSHR) is reporting this morning the discovery of new shear zones at their flagship Moss Gold project in northwestern Ontario. The discovery follows the company recently completing a 20,000 metre drill program at the project. Drilling conducted to the north of QES zone has reportedly identified the new shear zones. Drilling here […]

Western Canada Oil Sands Output Outstrips Pipelines Again as 2027 Crunch Looms

Western Canada’s crude output has more than doubled over the past decade—rising from roughly 2.5 MMb/d in 2015 to an estimated 4.6 MMb/d as of April 2025—driven predominantly by Alberta oil sands expansions. RBN Energy warns that “almost nothing is going to stop Western Canada’s crude oil production growth,” with annualized liquids volumes (crude plus […]

Disney Buys Out Hulu Remainder For Over $438M

The Walt Disney Co. (NYSE: DIS) will pay NBCUniversal parent Comcast (NASDAQ: CMCSA) about $438.7 million to acquire the remaining 33% of Hulu it does not already own, ending a years-long, three-appraiser valuation dispute and giving Disney 100% control of the 18-year-old streaming platform. The price—set just below Hulu’s $27.5 billion floor valuation agreed in […]

Syria Nears End of 14-Year Banking Isolation

For the first time in more than a decade, Syria is poised to regain access to the world’s primary banking communication system, with officials announcing that reconnection to SWIFT could happen in the coming weeks. The development would end Syria’s exclusion from the Society for Worldwide Interbank Financial Telecommunications, which has prevented the country from […]