Trump Urges Grid Operator to Make Tech Giants Fund New Power Plants
President Donald Trump will push the nation’s largest electricity grid operator Friday to require technology companies to pay for $15 billion in new power plants, though the proposal carries no legal force and depends on voluntary cooperation from an independent organization that was not invited to the announcement. The administration will push PJM Interconnection, which […]
US Bipartisan Bill Tabled To Build $2.5B Critical Minerals Reserve
US lawmakers introduced bipartisan legislation Thursday to create a $2.5 billion Strategic Resilience Reserve that would buy and stockpile critical minerals to stabilize prices and push domestic mining and refining activity. The 68-page bill frames the move as a response to China “weaponiz[ing] its influence over prices and volumes in the contest for access to […]
New Gold Hits 2025 Guidance, Records $532 Million In Free Cash Flow
New Gold (TSX: NGD) reported Thursday evening that they achieved production guidance in 2025, following fourth quarter production results that consisted of 107,778 ounces of gold and 11 million pounds of copper. Broken out, New Aton in Q4 produced 13,355 ounces of gold in addition to 11.0 million pounds of copper, while Rainy River produced […]
Endeavour Silver Guides To 15.1 Million Silver Equivalent Ounce Production Midpoint For 2026
Endeavour Silver (TSX: EDR) this morning released their guidance figures for 2026, which is headlined by anticipated metal production of 14.6 to 15.6 million silver equivalent ounces. That figure is based on expected production from the Terronera, Guanacevi, and Kolpa mines. Broken out, guidance is currently calling for the production of 8.3 to 8.9 million […]
Sponsored · Selkirk Copper Mines
Goldman Warns Copper Rally Overdone, Predicts 14% Drop Despite Stock Surge
Copper mining stocks jumped 108% in 2025, but Goldman Sachs warns current prices aren’t justified and expects a 14% correction to $11,200 per metric ton by late 2026. Copper hit $13,200 per ton this month — record highs driven by tariff fears and US stockpiling rather than fundamentals. Goldman projects a 300,000 ton global surplus […]
TD Securities’ Bearish Silver Bet Fails as China Tightens Exports
TD Securities‘ strategic bet against silver backfired spectacularly this month as the metal’s price surge past the bank’s stop-loss level, potentially costing the firm millions on a trade that anticipated a 50% price collapse. The Canadian investment bank entered a short position in March silver futures at $78 per ounce on January 7, targeting a […]
Senate Bill Gives Treasury Warrantless Power Over Crypto Transactions
The cryptocurrency industry is attacking a Senate banking bill backed by President Donald Trump’s allies, warning it grants Treasury unprecedented surveillance powers that contradict the administration’s promise to make America the “crypto capital of the world.” Galaxy Digital released an analysis on Tuesday, quoted by The Block, calling the Senate Banking Committee’s Digital Asset Market […]
Trump Looks To Bring Critical Mineral Processing To US, Considering Price Floors
President Donald Trump is betting big on critical minerals again, signing an proclamation for the Commerce Secretary and the US Trade Representative to negotiate agreements with trading partners aimed at changing how processed critical minerals and their derivative products enter the US. The proclamation traces back to an October 2025 Commerce report under Section 232 […]
Sponsored · Selkirk Copper Mines
Quebec Premier Legault Resigns as Party Drops to 10% in Polls
Quebec Premier François Legault announced his resignation on Wednesday, ending a seven-year tenure marked by early pandemic leadership successes but concluding with record unpopularity and party defections. Legault, 68, will remain premier until his Coalition Avenir Québec selects a new leader. The party faces an October provincial election trailing far behind rivals in polling. “For […]
Six in 10 Canadians Expect Economy to Worsen in 2026
Nearly six in 10 Canadians expect the economy to deteriorate in 2026, with more than seven in 10 bracing for higher living costs, according to a survey released Monday by consumer insolvency firm MNP Ltd. The survey found 59% anticipate the economy will worsen, while 71% expect living expenses to rise. Another 59% predict rising […]