End of De Minimis Exemption Reshapes US-China Trade Dynamics
Chinese e-commerce platforms face dramatic cost increases following Friday’s expiration of the US de minimis tax exemption, ending a policy that allowed packages valued below $800 to bypass customs duties. The loophole, heavily utilized by retailers including Shein, Temu and AliExpress, enabled shipments to avoid standard tariffs. US Customs processes approximately 4 million packages daily […]
Albemarle, Perpetua Lead Mines List Fast-Tracked By Trump Administration
The Trump administration has fast-tracked more than two dozen mining projects under the FAST-41 permitting framework—effectively launching the most aggressive permitting campaign for extractive industries in modern history. Through Executive Order 14241, the administration is repositioning America’s mining sector as the backbone of its “energy dominance” doctrine, with a clear focus on critical and strategic […]
Agnico Eagle Tells Ottawa: Build the North or Risk Losing It
Agnico Eagle Mines (TSX: AEM) is urging the incoming federal government to establish a formal Arctic strategy, citing growing US interest in the region mounting geopolitical pressure. “It’s noise,” said Chairman Sean Boyd, referencing President Donald Trump’s flippant remark about Canada becoming the 51st US state. “But as a country, we have to take it […]
Sunoco To Acquire Parkland In US$9.1 Billion Deal
Sunoco (NYSE: SUN) has announced it will acquire Parkland Corporation (TSX: PKI) in a cash-and-equity deal worth US$9.1 billion, including debt—a bold move that consolidates Sunoco’s grip on the fuel supply chain across North America and the Caribbean. The transaction will see Parkland shareholders receive $19.80 in cash and 0.295 SUN units per share, reflecting […]
i-80 Gold Posts Wider Loss, Negative Cash Flow in Q1 2025 Despite Revenue Jump
i-80 Gold (TSX: IAU) closed the first quarter of 2025 with a net loss of $41.2 million, sharply widening from the $19.7 million loss reported a year earlier, despite a rising gold price environment. While revenue climbed 67% to $14.0 million, primarily due to increased gold sales and a significantly higher average realized gold price […]
Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth
Giant Mining (CSE: BFG) is reporting this morning that it has encountered native copper in ongoing drilling below 1,850 feet of depth at their Majuba Hill Porphyry copper-gold-silver deposit in Nevada.
Skeena Files Permit Applications For Eskay Creek Project
Skeena Resources (TSX: SKE) is reporting this morning that it has made progress on the permitting of its flagship Eskay Creek gold-silver project in British Columbia. The junior developer on April 30 filed a joint permit application under the BC Mines Act and the Environmental Management Act with the BC Major Mine Office. The application […]
Asante Gold Guides To 339,000 Oz Gold Production In 2025, Targets 500,000 Oz By 2028
Asante Gold (CSE: ASE) has released a new five year outlook for its operation in Ghana, while claiming it will surpass the 500,000 ounce a year mark in 2028. The outlook follows updated mineral reserves being reported for the Chirano mine. On a combined basis, production from Asante’s Bibiani and Chirano mines is expected to […]
Goliath Resources Exploring Options For Exploration Adit At Surebet
Goliath Resources (TSXV: GOT) is taking its exploration program to the next level, announcing this morning that it has contracted JDS Energy & Mining to develop plans for an exploration adit at Surebet, part of the Golddigger property in BC.
Lundin Mining Outlines 13 Million Tonnes Copper, 32 Million Ounces Of Gold In Initial Resource For Vicuna JV
Lundin Mining (TSX: LUN) last night released an initial mineral resource estimate for their Filo del Sol project, which is held by the Vicuna Corp joint venture with BHP Group. The estimate follows the two mining majors jointly acquiring Filo Mining in January. The initial resource estimate covers the Filo del Sol sulphide deposit, while […]