Bessent Says US Will Control Hormuz “Over Time”
Treasury Secretary Scott Bessent used a recent television interview to argue that the US can gradually restore freedom of navigation in the Strait of Hormuz while also stabilizing a global oil market he described in contradictory terms as both broadly supplied and still short by 10 million to 12 million barrels a day. Bessent said […]
Americas Gold and Silver Widens Net Loss In 2025 Despite Silver Growth
Americas Gold and Silver Corporation (TSX: USA) reported its full-year 2025 financials, posting annual revenue of $118.0 million, a jump from $100.0 million in 2024, driven by higher silver production and stronger realized prices. Payable silver sales revenue excluding EC120 pre-production ounces was $62.1 million, essentially flat with $62.0 million in 2024, but the average […]
Air Canada CEO To Retire By Q3 2026
Air Canada (TSX: AC) announced that CEO Michael Rousseau will retire by the end of Q3 2026, days after political leaders and Quebec lawmakers condemned his English-only public condolences following the fatal LaGuardia crash. In its release, the aircraft operator said the board had maintained a longstanding focus on CEO succession planning, had been running […]
Equinox Gold Maps Out Decade of Growth for Canadian Operations
Equinox Gold (TSX: EQX) has unveiled a ten year outlook for its Canadian mining portfolio, projecting average annual production of 543,000 ounces of gold through 2036. With consolidated production guidance of 700,000 to 800,000 ounces for 2026 across all global operations, Equinox is positioning its Canadian assets as the primary engine for long-term growth. The […]
Cascadia Minerals Secures Major Exploration Alliance And Equity Investment Agreement With Agnico
Agnico Eagle Mines (TSX: AEM) is making a significant bet on the Yukon’s untapped copper and gold potential, signing a sweeping strategic alliance with junior explorer Cascadia Minerals (TSXV: CAM). The deal, announced Monday, positions the Canadian gold giant as a dominant partner in Cascadia’s exploration efforts across the Stikine Terrane. Under the terms of […]
Glencore Under Pressure as Quebec Offers Legislative Relief for Troubled Horne Smelter
Glencore is at a critical juncture with its Horne Smelter in Quebec, as the Canadian and Quebec governments scramble to prevent the closure of one of North America’s only copper smelters amid stringent new pollution controls. The facility, located 390 miles northwest of Montreal, faces a potential shutdown after the company suspended nearly C$1 billion […]
Japan’s Stock Market Plunges 4% as Asia Energy Crisis Deepens
Japan’s stock market shed more than 4% Monday morning as surging oil prices and a deepening energy crisis tied to the five-week-old US-Iran war hammered Asian markets from Tokyo to Seoul. The Nikkei 225 fell 4.33% to 51,061.90 as of mid-morning trade in Tokyo, shedding 2,311 points from Friday’s close of 53,373.07. The broader Topix […]
U.S. Permits Russian Oil Shipment to Cuba Amid Global Energy Crisis
The United States has authorized a Russian oil tanker, the Anatoly Kolodkin, to deliver between 650,000 and 730,000 barrels of crude to Cuba, marking a rare breach in the de facto blockade of fuel shipments to the island nation. This tactical shift signals Washington’s attempt to balance geopolitical pressures with the urgent need to stabilize […]
Toronto’s Shen Yun Show Halted by Bomb Threat, Venue Evacuated
A Shen Yun performance at the Four Seasons Centre in Toronto was abruptly cancelled due to a bomb threat, forcing the evacuation of the venue and leaving audiences unable to enter according to various posts on social media. The incident, which occurred today, marks the latest disruption for the controversial Chinese dance troupe amid ongoing […]
Avi Lewis Wins NDP Leadership with Over 39,000 Votes in Decisive Race
Avi Lewis has been elected as the new leader of Canada’s New Democratic Party, securing 39,734 votes in a decisive victory over his closest competitor, Heather McPherson, who garnered 20,899 votes. Lewis, a prominent activist and filmmaker, declared in his victory speech that the “NDP comeback starts now,” signaling an ambitious push to revitalize the […]