Pampa Metals Enters Letter Agreement To Acquire Rugby Resources To Create Porphyry-Focused Explorer
A South America-focused porphyry copper explorer is in the process of being established, with Pampa Metals (CSE: PM) this morning announcing it has entered into a letter agreement to acquire Rugby Resources (TSXV: RUG). The merger will bring together Pampa’s Piuquenes copper-gold porphyry project in Argentina with that of Rugby’s Cobrasco copper-moly porphyry discovery in […]
Strategy To Sell $2.0 Billion In 0% Notes To Buy More Bitcoin
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, has launched an offering for $2.0 billion in senior notes this morning that will be used to acquire further bitcoin. The offering follows a week of the company failing to acquire any further cryptocurrency for the second time in 14 weeks. The offering is to consist of $2.0 […]
Snowline Gold Intersects 2.08 g/t Gold Over 15.5 Metres In 300 Metre Step Out
Snowline Gold (TSXV: SGD) has successfully intersected mineralization in a 300 metre step out to the east of its Valley deposit, which is found at the firms Rogue project. The step out was conducted as part of the 2024 drill program, further results for which were released this morning. Highlights from the results include: Of […]
SSR Mining Reports Revenue Decline, Positive Net Income In Q4 2024
SSR Mining (TSX: SSRM) released its fourth quarter and full-year 2024 results, reporting a steep year-over-year decline in revenue at $995.6 million compared to $1.43 billion in 2023. This decline was pronounced in the fourth quarter, where revenue fell to $323.2 million from $425.9 million in the same period a year ago. Operating income swung […]
South Africa Seeks US Response on Aid Cut as China Pledges Support
South Africa’s foreign minister Ronald Lamola said on Monday the US has not responded to attempts to discuss President Donald Trump’s executive order cutting off $440 million in aid over land reform policies and the Gaza genocide case. The recently signed Expropriation Act allows land redistribution to address apartheid-era inequities. Black South Africans own 4% […]
Multiple Lawsuits Challenge The Constitutionality of Elon Musk’s DOGE Power
Sweeping sets of lawsuits seek to halt what they call an “unconstitutional abuse of power” by Elon Musk and his Department of Government Efficiency. The suit filed by 14 US states, spearheaded by New Mexico Attorney General Raúl Torrez, demands immediate court intervention to nullify DOGE’s alleged intrusion into federal agencies and to block Musk […]
Trump Targets To Gut NEPA In Effort To Cut Environmental Review Timelines
The Office of Management and Budget’s online regulatory docket is currently showing a proposed rule titled “Removal of National Environmental Policy Act Implementing Regulations” and has been categorized as an interim final rule. Early indications on the docket suggest that the administration may forgo the usual notice-and-comment process, though official details have not yet been […]
Mexican Senate Sanctions US Military Deployment For Training
Reports have emerged confirming the arrival of US Army Special Forces units in Mexico to conduct training exercises with Mexican military personnel. The operation, centered on a naval facility in Campeche, has been officially sanctioned by the Mexican Senate’s Naval Ministry Commission and is being overseen by Mexico’s Defense Ministry. The US Army’s 7th Special […]
OPEC+ Signals Resistance to Trump’s Price Demands
OPEC+ delegates are evaluating whether to delay planned output increases, citing weak market conditions, despite US President Donald Trump’s pressure for lower oil prices. Trump has urged OPEC to “cut the price of oil” and increase production as part of his energy agenda. However, the producer group remains guided by market conditions rather than political […]
Trump To The World: Tariffs “For Purposes Of Fairness”
The US is poised to rattle international commerce with President Donald Trump’s renewed pledge to impose sweeping “reciprocal tariffs” on countries that maintain what he considers disproportionate barriers to American goods. In his social media post, Trump declared that any tariff, subsidy, or regulatory hurdle levied by a foreign government could be matched in kind […]