Are Tariffs The Real Reason Canada’s Economy Is Failing?
Export Development Canada made headlines this week with a sobering forecast: the Canadian economy will officially fall into recession in 2025, with growth of just 0.9%. The Crown corporation was quick to identify the culprit — US President Donald Trump’s tariff policies. According to the National Post‘s reporting on EDC’s forecast, the recession is “part […]
Would Trump’s $110/kg Rare Earth Price Floor Work?
The Trump administration plans to impose federally set price floors across a range of industries, Treasury Secretary Scott Bessent said, framing it as protection against Chinese price manipulation. The clearest precedent is the 10-year neodymium-praseodymium (NdPr) floor at $110/kg agreed in July 2025 by the Department of Defense deal with MP Materials. The Defense package […]
JPMorgan CEO Says Gold Could Hit $10,000 in Current Environment
JPMorgan Chase CEO Jamie Dimon said Tuesday that gold prices could surge to $5,000 or even $10,000 per ounce in the current economic climate, calling it one of the rare times in his career when owning the precious metal makes sense. Dimon made the remarks at a Fortune conference for women leaders held in the […]
Trump Authorizes CIA Covert Operations in Venezuela
President Donald Trump authorized the CIA to carry out lethal covert operations in Venezuela and the Caribbean, he confirmed Wednesday, a move US officials say is part of an effort to oust President Nicolás Maduro. Through what’s called a “presidential finding,” a classified directive that authorizes covert action, Trump has given the CIA permission to […]
Joly Threatens Stellantis Suit Over US Shift After Billions In Subsidy Fails To Bind
Industry Minister Mélanie Joly threatened legal action against Stellantis less than 24 hours after the automaker announced a shift in Jeep Compass production from Brampton, Ontario, to Belvidere, Illinois. In a letter to CEO Antonio Filosa, Joly said Ottawa would “exercise all options, including legal,” if obligations tied to government funding are not met—a notably […]
US Expands Argentina Aid Package to $40 Billion Ahead of Midterm Elections
The Trump administration has doubled its financial support for Argentina to $40 billion, Treasury Secretary Scott Bessent announced Wednesday, as the South American nation struggles with economic instability ahead of crucial midterm elections. The package combines a $20 billion currency swap already in place with an additional $20 billion facility that commercial banks and international […]
GoGold Resources Reports Fiscal Q4 Production Of 487,876 Silver Equivalent Ounces
GoGold Resources (TSX: GGD) this morning reported their calendar Q3 production results, headlined by a 45% production improvement on a year over year basis for the twelve months ended September 30. Production for the 12 month period totaled 2.15 million silver equivalent ounces, while the fiscal fourth quarter saw production of 487,876 silver equivalent ounces. […]
NGEx Minerals To Complete Royalty Spinout On October 23
NGEx Minerals (TSX: NGEX) has declared October 23, 2025 as the effective date for the spin out of certain royalties on their properties. The arrangement is set to see net smelter returns royalties on both the Lunahuasi and Los Helados properties within the Vicuna district of Argentina and Chile. Lunahuasi will see a 1% NSR […]
Endeavour Silver Reports Commercial Production At Terronera
Endeavour Silver (TSX: EDR) has finally achieved commercial production at their new Terronera mine in Mexico. The declaration was officially made this morning, with the announcement said to be effective as of October 1. The commercial production designation follows both mining and processing operations consistently exceeding 90% of the nameplate capacity of 2,000 tonnes per […]
Stellantis Shifts Jeep Production from Canada to Illinois, Threatening 3,000 Jobs
Stellantis (NYSE: STLA) announced Tuesday it will move Jeep Compass production from its Brampton, Ontario plant to Illinois as part of a $13 billion investment to expand US manufacturing operations over the next four years, dealing a blow to Canadian auto workers amid escalating trade tensions. The decision affects approximately 3,000 workers at the Brampton […]