AbraSilver Announces $48.4 Million Financing Package
AbraSilver Resource Corp (TSXV: ABRA) is turning to the markets to raise further capital, announcing this morning a large $48.4 million financing that is set to occur in two parts. The first part of the financing package will see National Bank and Beacon Securities lead a bought deal financing of $21.8 million, under which shares […]
Lundin Mining Fined $3.3 Million Over Sinkhole At Alcaparrosa Mine
Lundin Mining (TSX: LUN) has been hit with a $3.3 million fine by the government of Chile in response to a sinkhole that occurred back in 2022 at its Alcaparrosa mine. The fine was levied following the completion of an investigation of the incident. The fine pertains to a massive sinkhole that developed near the […]
Canada Signals Retreat from Capital Gains Tax Hike
Canada’s government plans to reverse course on the capital gains tax increases announced in its last budget, a senior government source told CBC News on Thursday. Ottawa is weighing ordering tax authorities to stop collecting the higher rates, which raised inclusion rates to 66.7% from 50% on gains above C$250,000 ($185,000) for individuals and all […]
Trump Orders Deportation of Foreign Students in Pro-Palestine Protests
President Donald Trump has signed an executive order promising “immediate action” against non-citizen college students who participated in pro-Palestinian demonstrations during Israel’s war in Gaza. The order directs federal law enforcement to find and deport “resident aliens” who joined protests, according to a White House fact sheet. “Come 2025, we will find you, and we […]
ByteDance Components Found in DeepSeek App —Privacy Report
The Android app of Chinese AI company DeepSeek contains multiple ByteDance data collection components that transmit user data to servers in China, according to a privacy analysis report published this week. The first of a two-part report by privacy engineering firm Privado identified four ByteDance software development kits (SDKs) in DeepSeek’s Android app, including systems […]
Mexico, Canada Must ‘Shut Border’ to Avoid Tariffs Says Trump’s Commerce Pick
Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, said on Wednesday that Mexico and Canada could avoid new tariffs set for February 1 if they strengthen their border security, while advocating for broader trade measures to boost US manufacturing. During his confirmation meeting, Lutnick outlined two distinct approaches: an immediate 25% tariff on Mexico […]
China Has Quietly Spent $57 Billion to Control the World’s Critical Minerals
China has invested nearly $57 billion in critical mineral projects across developing countries, positioning itself to dominate key supply chains for clean energy technologies, according to a comprehensive study published this week. The report by AidData, a research lab at William & Mary, documents China’s systematic approach to acquiring critical minerals essential for electric vehicles, […]
Trump Confirms Talks Of Microsoft Buying TikTok
The fate of TikTok in the US stands another chance as Microsoft (NASDAQ: MSFT) is reportedly in talks to acquire the social media platform. While Microsoft has not officially commented, US President Donald Trump confirmed the discussions, hinting at the possibility of a high-stakes bidding war. This is not the first time Microsoft has pursued […]
Tesla Misses Earnings Estimates In Q4 2024, EPS Crashes 53%
Tesla Inc. (NASDAQ: TSLA) reported its financials for Q4 2024, with total revenue of $25.7 billion, reflecting a mere 2% year-over-year growth from $25.2 billion in Q4 2023 and a slight sequential increase from Q3 2024’s $25.18 billion. For the full year 2024, Tesla reported total revenue of $97.69 billion, marking only a 1% year-over-year […]
Rogers Reports Annual Income Doubles to $1.73B, Yet 2025 Guidance Signals Growth Slowdown
Rogers Communications (TSX: RCI.B) has released its fourth-quarter and full-year 2024 financial results, generating $20.6 billion in total revenue for 2024, marking a 7% increase from $19.3 billion in 2023. Service revenue reached $18.1 billion for the year, up from $16.8 billion, driven primarily by wireless growth and stabilization in its cable business. For Q4, […]