Musk Says Trump’s Auto Tariffs Will Hurt Tesla
Tesla (Nasdaq: TSLA) CEO Elon Musk said on Wednesday that President Donald Trump’s new 25% tariff on imported vehicles and parts will significantly impact his company, directly contradicting Trump’s claim that the electric vehicle maker would benefit from the “America-first” measure. “To be clear, this will affect the price of parts in Tesla cars that […]
Poilievre Blasts Trump Tariffs, Announces Plan to Boost Canadian Investments
Conservative Leader Pierre Poilievre on Thursday called on US President Donald Trump to end his “disastrous tariff threats” against Canada while unveiling a new tax-free savings plan aimed at boosting domestic investment. “My message to President Trump is, knock it off,” Poilievre said during a campaign stop at Apollo Sheet Metal in Coquitlam, British Columbia. […]
Canada-US Travel Collapses As Trade Tensions Rise
Forward bookings for air travel are down 70%
Trump Tariffs Hit Steel Sector Jobs on Both Sides of Border
Hundreds of steel and aluminum workers across North America have lost their jobs following recent US tariffs, with thousands more at risk as additional trade measures loom, according to union officials and company statements. US President Donald Trump imposed tariffs on steel and aluminum on March 12, with more tariffs coming on April 2. In […]
G Mining Ventures Posts Q4 AISC Of Just $862 An Ounce In First Full Quarter Of Production
G Mining Ventures (TSX: GMIN) has posted financial results for its first full quarter of commercial production. The results follow their Tocantinzinho mine going into production in September 2024. The fourth quarter saw G Mining post revenue of $102.3 million, which is off the back of the sale of 39,938 ounces of gold at an […]
Aya Gold Posts Net Loss Of $26 Million For 2024
Aya Gold & Silver (TSX: AYA) has filed its fourth quarter and full year 2024 financial results. The fourth quarter saw revenues decline on a year over year basis, as a result of a since-completed expansion at the mine that impacted operations. Revenues for the fourth quarter totaled just $9.3 million, a 16% drop versus […]
B2Gold Revises Mineral Estimates At Goose, Begins Study To Expand Mill
B2Gold Corp (TSX: BTO) has updated its mineral reserve and resource estimates for the up and coming Goose Project, part of the Back River Gold District found in Nunavut. The update is part of a refreshed technical report for the entire Back River region owned by B2Gold, with the report having the implication of updating […]
West Red Lake Gold Sees Tony Makuch Resign From Board Of Directors
West Red Lake Gold Mines (TSXV: WRLG) has seen the departure of an experienced mining executive from its board of directors this morning. Tony Makuch has tendered his resignation from the board in an effort to focus on other endeavours. “My involvement with Discovery Silver in the acquisition of the Porcupine Assets from Newmont requires […]
Trade Tensions Rev into High Gear as Trump Imposes 25% Auto Tariff
President Donald Trump shocked observers by announcing a 25% tariff on all cars not made in the US, a stance that critics argue could strain supply chains and inflate consumer costs. Loaded statements such as, “The auto tariffs of 25% will be permanent for the rest of my term,” by President Trump have further inflamed […]
Glencore Cuts Cerrejon Coal Production As Prices Hit Three-Year Low
Glencore Plc (LON: GLEN) announced on Tuesday it will reduce coal production at its Cerrejon mine in Colombia by 5 to 10 million metric tonnes annually, citing “unsustainable prices for seaborne thermal coal.” The production cut will bring Cerrejon’s annual output to 11 to 16 million tonnes, down from 19 million tonnes last year, as […]