Trump Wants “Oil Rights Back” From Venezuela As Navy Blockades Loom
Trump’s Venezuela posture is being operationalized through oil-centric demands and maritime pressure, while Venezuela has begun naval escorts for outbound cargoes and the US House rejected a War Powers check by a two-vote margin. In his remarks, Trump said Venezuela was “getting land, oil rights, whatever we had,” adding, “They took our oil rights… They […]
Canada Nickel Reports Initial Resource Estimates For Midlothian, Bannockburn Properties
Canada Nickel Company (TSXV: CNC) continues to work on the development of its regional properties, with the company this morning releasing initial resource estimates at two of its projects. At Midlothian, Canada Nickel has reported that the project contains 595 million tonnes of inferred resources at 0.28% nickel, representing 1.68 million tonnes of contained nickel. […]
Goliath Resources Sees Rob McEwen Increase Ownership Interest
Goliath Resources (TSXV: GOT) has seen a major cornerstone investor increase their stake in the company. Renowned mining executive Rob McEwen has increased his stake further in the company via the exercise of warrants.
Indonesia Plans Major Nickel Production Cut to Stabilize Prices
Indonesia plans to slash nickel production by a third next year as the world’s dominant supplier seeks to halt a two-year price decline that has shuttered mines globally. The Southeast Asian nation will reduce its mining quota to 250 million tonnes in 2026, down 34% from current levels, according to the Indonesian Nickel Miners Association. […]
Conservative Support Rises in Latest Canadian Poll as Liberals Near Majority Through Floor-Crossings
A new poll shows Conservatives ahead of Prime Minister Mark Carney’s Liberals by one percentage point, marking a shift in public opinion as the Liberal government approaches a parliamentary majority through Conservative defections. The Mainstreet Research survey conducted December 7-12 found 42% of decided and leaning voters support the Conservatives, compared to 41% for the […]
BC May Need $1 Billion in Loan Guarantees for Cowichan Title Area, Expert Warns
The province may need up to $1 billion in loan guarantees to backstop financing for properties affected by a landmark Aboriginal title ruling, far exceeding Premier David Eby’s $150 million pledge, a property tax expert warns. Paul Sullivan, principal at Ryan LLC, calculated the estimate based on standard banking practices. Banks typically lend 70 to […]
Trump Expected to Sign Order Reclassifying Marijuana as Schedule III Drug
President Donald Trump plans to sign an executive order Thursday reclassifying marijuana from a Schedule I to a Schedule III drug, multiple sources confirmed Tuesday. The order will direct federal agencies to move marijuana into a less restrictive category under the Controlled Substances Act, though officials cautioned the timing could change. Trump confirmed his plans […]
Did Meta Pause A China Scam Crackdown To Protect Revenue?
Meta Platforms (NASDAQ: META) built an $18.4 billion China ad business in 2024 while internally estimating that about 19% of that revenue, more than $3.0 billion, came from scams, illegal gambling, pornography, and other banned content, according to internal documents reviewed by Reuters. China contributed “over $18 billion” in annual sales in 2024 and was […]
Tesla Can Still Sell In California… For Now
Tesla (NASDAQ: TSLA) can keep selling vehicles in California for now, but the state’s DMV has formally adopted an order that suspends Tesla’s dealer license for 30 days, with enforcement stayed for 90 days while Tesla attempts to cure the marketing issue. The same order also addresses manufacturing, suspending the automaker for 30 days, but […]
Carney Attributes Trade Breakdown to Ford’s Anti-Tariff Ad Campaign
Prime Minister Mark Carney directly linked the collapse of Canada-US trade negotiations to Ontario Premier Doug Ford’s anti-tariff advertising campaign, stating the two countries had been making progress on steel and aluminum tariffs until the ads aired in October. Carney told reporters in Malaysia that Canada and the United States held detailed discussions “up until […]