B2Gold Revises Mineral Estimates At Goose, Begins Study To Expand Mill
B2Gold Corp (TSX: BTO) has updated its mineral reserve and resource estimates for the up and coming Goose Project, part of the Back River Gold District found in Nunavut. The update is part of a refreshed technical report for the entire Back River region owned by B2Gold, with the report having the implication of updating […]
West Red Lake Gold Sees Tony Makuch Resign From Board Of Directors
West Red Lake Gold Mines (TSXV: WRLG) has seen the departure of an experienced mining executive from its board of directors this morning. Tony Makuch has tendered his resignation from the board in an effort to focus on other endeavours. “My involvement with Discovery Silver in the acquisition of the Porcupine Assets from Newmont requires […]
Trade Tensions Rev into High Gear as Trump Imposes 25% Auto Tariff
President Donald Trump shocked observers by announcing a 25% tariff on all cars not made in the US, a stance that critics argue could strain supply chains and inflate consumer costs. Loaded statements such as, “The auto tariffs of 25% will be permanent for the rest of my term,” by President Trump have further inflamed […]
Glencore Cuts Cerrejon Coal Production As Prices Hit Three-Year Low
Glencore Plc (LON: GLEN) announced on Tuesday it will reduce coal production at its Cerrejon mine in Colombia by 5 to 10 million metric tonnes annually, citing “unsustainable prices for seaborne thermal coal.” The production cut will bring Cerrejon’s annual output to 11 to 16 million tonnes, down from 19 million tonnes last year, as […]
Canada Blocks Tesla From EV Rebates
Canada has frozen all electric vehicle rebate payments for Tesla (Nasdaq: TSLA) and banned the American automaker from future incentive programs, Transport Minister Chrystia Freeland said on Tuesday, citing US tariffs imposed by President Donald Trump. The government has halted approximately C$43 million ($30 million) in rebate payments until each claim is individually investigated and […]
‘Rent-A-Cops for CEOs’: New Report Reveals FBI Spying On Online Critics of Business Leaders
The FBI is treating sarcastic social media posts about high utility bills as potential threats to corporate executives in what critics call an alarming expansion of counterterrorism tactics, according to an FBI threat assessment document obtained through a Freedom of Information Act request. The document, titled “Heightened Threat to Chief Executive Officers Following the Shooting […]
Kremlin Sets Sanctions Relief as Condition for Black Sea Deal Implementation
Moscow has attached significant economic preconditions to a limited Black Sea navigation agreement brokered by the White House, demanding the lifting of Western sanctions before implementation, the Kremlin announced Tuesday. “We’re thinking about all of them right now,” US President Donald Trump told reporters when asked about Russia’s demands. “There are five or six conditions. […]
‘BitBoy’ Arrested Again After Sending Emails to Judge
Self-described “crypto icon” Ben Armstrong, known as “BitBoy,” has been arrested and is being held without bail after sending multiple emails to a judge overseeing a defamation lawsuit against him, according to correctional records. The Volusia County Division of Corrections has classified Armstrong as a fugitive from justice. This marks his second arrest since September […]
Court Approves Sale of 23andMe DNA Data in Bankruptcy Proceedings
Genetic testing company 23andMe has received permission from a US bankruptcy judge to sell customers’ medical and ancestry-related data, raising significant privacy concerns as the company’s most valuable asset heads to auction. US Bankruptcy Judge Brian C. Walsh has set a May 7 deadline for definitive offers and scheduled a final hearing on June 17, […]
SoftBank Set to Lead Massive $40 Billion Investment in OpenAI
OpenAI is finalizing a landmark $40 billion funding deal spearheaded by SoftBank Group Corp. (TYO: 9984), according to sources familiar with the negotiations, potentially creating the largest private financing round in tech history. The investment would propel the ChatGPT creator’s valuation to approximately $300 billion, reflecting an extraordinary trajectory for a company that was valued […]