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 […]
Swiss Gold Refiners Add Surcharges as Global Demand Surges
Swiss gold refiners are taking unusual steps to manage supply constraints, with Metalor Technologies implementing surcharges and Argor-Heraeus halting some orders, signaling broader pressure in global precious metals markets. Metalor has introduced a per-ounce surcharge on all its gold products due to shortages, while Argor-Heraeus has paused orders all 50-gram and 100-gram minted gold bars, according to Singapore-based […]
Argentinian President Could Face Impeachment Thanks To A Memecoin
Argentinian President Javier Milei finds himself at the center of a growing scandal after an overnight cryptocurrency meltdown. Over the course of just a few hours, the so-called “Viva La Libertad Project” lost billions in market value, raising questions about Milei’s involvement and the project’s legitimacy. Late last week, Milei took to social media promoting […]
South Korea Suspends Chinese AI App DeepSeek Over Data Privacy Concerns
South Korea’s privacy watchdog has blocked new downloads of Chinese artificial intelligence app DeepSeek, citing data protection concerns. The Personal Information Protection Commission (PIPC) imposed the restriction after discovering the app was transferring South Korean user data to ByteDance, the Chinese company behind TikTok, the regulator said on Saturday. Related: ByteDance Components Found in DeepSeek […]
Goliath Hits Two New Stacked Gold Veins At Surebet Discovery
Goliath Resources (TSXV: GOT) has again intersected high grade gold mineralization at its Surebet Discovery, which is part of the Golddigger property. The company this morning released assay results from a further six drill holes conducted on the property last year. Highlights from the results include: Multiple intercepts of stacked layers with high grade gold […]
GoviEx Uranium Enters LOI For Strategic Roadmap On Madaouela Project Dispute
GoviEx Uranium (TSXV: GXU) might have hope in recovering its Madaouela Project in the Republic of Niger. The company this morning indicated it has entered into a letter of intent with the Republic to a structured roadmap that outlines a plan for negotiations over the ongoing dispute related to the project. The LOI is said […]
Defense Metals Outlines $992 Million After Tax NPV For Wicheeda Rare Earth Project
Defense Metals Corp (TSXV: DEFN) has released a prefeasibility study for its Wicheeda rare earth element deposit in British Columbia. The study has outlined a net present value of $992 million on an after tax basis, with the project having an IRR of 18.9% and a payback period of 3.7 years. The study envisions a […]
Southwest Airlines to Cut 1,750 Corporate Jobs in First Mass Layoff
Southwest Airlines (NYSE: LUV) is cutting 15% of its corporate workforce, breaking with its 53-year history of avoiding mass layoffs. The airline announced Monday it will eliminate 1,750 positions, including 11 executive roles at the vice president level or higher, with most reductions to be completed by the end of June 2025. Financial benefits from […]
The Bull Case For The Interpretation Of Canadian Copper’s Metallurgical Testwork
Canadian Copper (CSE: CCI) this past week released results from their ongoing metallurgical testwork program. This study is being conducted in advance of a preliminary economic assessment to be released later this year.