Doug Ford Announces Multibillion-Dollar Plan To Turn Niagara Falls Into ‘Vegas of the North’
Ontario Premier Doug Ford unveiled a multibillion-dollar strategy Monday to transform Niagara Falls into an international tourism hub, calling for multiple new casinos and a major theme park in what his government dubs “Vegas of the North.” The Destination Niagara Strategy targets doubling annual visitors from 13 million to 25 million and generating an additional […]
Anglo Teck Merger Secures Government Approval, Commits To $4.5B Canadian Spending
Teck Resources (TSX: TECK.b) and Anglo American received government approval under the Investment Canada Act for their merger of equals, anchored by binding commitments that include at least $4.5 billion of spending in Canada within five years and a minimum of $10 billion over 15 years. The approval formalizes a package of undertakings that permanently […]
Steadright To Begin Selling Stockpile Material From Historic Goundafa Mine
Steadright Critical Minerals (CSE: SCM) is expected to begin generating revenue from the recently acquired historic Goundafa Mine in Morocco. The company this morning indicated that it has come to terms under an initial contract for the sale of historic mineralized stockpiled material located at the mine.
Artemis Gold To Proceed With Expansion To 21 Mtpa Processing Capacity At Blackwater
Artemis Gold (TSXV: ARTG) may not yet be done with expansion Phase 1A, but they’re already moving on to Phase 2, with the company indicating last night that the board has approved for management to proceed with the second phase of expansion. The phase two expansion will take the capacity of the processing plant from […]
Sponsored · Cambria Gold Mines
Seabridge Gold To Spin Out Courageous Lake Project To Shareholders
Seabridge Gold (TSX: SEA) is set to provide a return to shareholders in the form of a spinout. The company this morning indicated that it has elected to spin out its subsidiary, Seabridge Gold (NWT) Inc to shareholders, with the subsidiary to be renamed to Valor Gold. The subsidiary to be spun out is notably […]
Samsung Denies Plans to Halt SATA SSD Production
Samsung Electronics has denied reports that it plans to halt production of SATA solid-state drives, calling the rumors false after days of speculation about an exit from the budget storage market. “The rumor regarding the phasing out of Samsung SATA or other SSDs is false,” a company spokesperson told WCCftech this week, directly addressing claims […]
Japan Gold Concludes Geophysical Survey At Hakuryu Project For Drill Targeting
Japan Gold (TSXV: JG) has successfully completed a controlled-source audio magnetotellurics and natural source geophysical survey at the Hakuryu project in Hokkaido, Japan.
SHFE Tightens Silver Leverage With Record Margin Jump
Shanghai Futures Exchange moved urgently after the last close to raise margin requirements and expand daily price limits for silver futures AG2602, lifting cash needed to hold positions into the next open that market participants described as Sunday night. Market posts described the change as an unprecedented margin hike for the “main” silver contract, with […]
Sponsored · Selkirk Copper Mines
Did NDP Propose Speaker Deal? Davies Says No
NDP Interim Leader Don Davies publicly disputed a CTV News report Saturday claiming his party is open to providing the Speaker of the House in exchange for parliamentary resources, calling the headline inaccurate. Davies responded on social media to the report, saying he never made such a proposal and had not heard of any discussions […]
US Eases Belarus Sanctions Days After Threatening Potash Tariffs on Canada
The United States lifted sanctions on Belarusian potash exports December 13 in exchange for the release of 123 political prisoners, including Nobel Peace Prize laureate Ales Bialiatski and prominent opposition figures, marking the largest prisoner release since the Trump administration opened dialogue with the authoritarian regime. US Special Envoy to Belarus John Coale announced the […]