Trump’s Crypto Strategic Reserve Sparks Conflict Of Interest For Crypto Czar
President Donald Trump has unveiled a plan for a “Crypto Strategic Reserve,” signing an executive order which directs the Presidential Working Group on Digital Assets to explore Bitcoin, Ethereum, Solana, Ripple’s XRP, and Cardano as part of a broader government crypto reserve. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt […]
SEC Calls Off Coinbase Fight as Agency Resets Its Crypto Strategy In Trump Era
The SEC has confirmed that it is dismissing its ongoing civil enforcement action against Coinbase Global (NASDAQ: COIN). According to a joint stipulation filed by both parties, the decision comes amid the Commission’s intention to develop a more transparent regulatory framework for digital assets. The unexpected dismissal follows the formation of the SEC’s new Crypto […]
Carney Still Holds Multiple Board Positions Despite Claiming Clean Break
Liberal leadership candidate Mark Carney has not fully resigned from his international board positions, contradicting his earlier claims that he had stepped down from “all” his roles before entering the race, according to an investigation by the National Post. “I have resigned all of my positions. I have resigned all of my positions, full stop,” […]
BC Mining Exploration Spend Drops 14% As Projects Shift To Development
British Columbia mineral exploration spending fell 14% to $552 million in 2024 as major projects matured toward development, survey data showed, though employment in the sector rose 10% from the previous year. The top 10 exploration projects accounted for $259 million in spending, down from $343 million in 2023, according to the British Columbia Mineral […]
Aston Bay Reports 266.3 Million Indicated Pounds Of Copper In Initial Resource Estimate
Aston Bay Holdings (TSXV: BAY) has released an initial mineral resource estimate for its Storm Copper project joint venture with American West Metals. The estimate is based on six near-surface copper deposits that are within the greater Storm Copper area, which are said to be easily accessible via open pit mining. All six deposits remain […]
Canada Nickel Increases NPV Of Crawford Project To $2.8 Billion
Canada Nickel (TSXV: CNC) has improved the net present value estimate for its Crawford Project following the completion of front end engineering and design for the proposed mine. The changes to the prior design focused on the resequencing of the mine plan to reduce pre-stripping that is required, as well as updating costs following the […]
New Found Gold Sees Kettell Exit Board With Appointment Of Chad Williams
New Found Gold (TSX: NFG) has seen its founder and former CEO, Collin Kettell, leave the company’s board of directors. A reason for his departure was not provided. Taking Kettell’s place on the board is that of Chad Williams, the Chairman and Founder of Red Cloud Mining Capital. Williams previously led Victoria Gold and served […]
BMO Q1 Earnings: Results Drive New Highs
We’re back to bank earnings week, with the Bank of Montreal (TSX: BMO) the second name to report its first quarter financial results this week among Canada’s big six banks. And while investors had a particular disdain for Scotiabank’s earnings, they took a liking to BMO’s results, with the equity closing out the day up […]
Cameco Q4 Earnings: Record Uranium Production
Oh, how the mighty have fallen. And quite frankly, it’s not even a result of poor performance. But rather, just investor sentiment. Cameco (TSX: CCO) is down over 29% since it’s all time highs recorded in December. And year to date, it’s down over 17%. And that’s after delivering pretty well on every bit of […]
Did Carlos Slim Just Tell Elon Musk to F Off?
Mexican billionaire Carlos Slim may have severed ties with Elon Musk’s Starlink, his company América Móvil reportedly announced, opting to invest $22 billion in its own telecommunications infrastructure over the next three years. Slim’s decision to cancel collaborations with Starlink across Latin America came after Musk retweeted a post that implied Slim had connections to […]