Texas Oil Production Falls for Second Straight Month, Driving US Pullback
Texas has emerged as the main source of a two-month pullback in US crude production, with the country’s largest oil-producing state losing 123,000 barrels per day between April and June even as national output began recovering in the latest month. US Energy Information Administration data released this week show Texas production falling from 5.851 million bpd in April […]
Canadian Exports to US Fall 6.6% In July as Non-US Sales Hit Record
Canadian exporters leaned harder on markets outside the United States in July, as shipments south of the border fell at their sharpest pace in months and overseas sales climbed to a fresh record. Exports to the United States dropped 6.6% during the month, the largest decline since April, according to Statistics Canada. Exports to countries […]
Barrick’s North America IPO May Slide to 2027
A public listing of Barrick Mining’s (TSX: ABX) North American gold business may slip into 2027, delaying a transaction the company had once targeted for completion this year, according to a person familiar with the matter. That timing marks a reversal from what executives had signaled only weeks earlier. Chief Executive Officer Mark Hill assured […]
Nvidia Buys Hugging Face For $13B, Won’t Require Use of Nvidia Chips
Nvidia is paying $12.93 billion for Hugging Face, but one of the most consequential terms of the deal is what Nvidia says it will not do with the platform: require developers to use its chips. The chipmaker formally confirmed the acquisition Thursday, one week after the agreement was first reported, revealing that about $11.9 billion […]
Sponsored · Cambria Gold Mines
Mining Americas Wins Mexican Permit Approvals, Targeting 2027 Construction Decision at Cerro de Oro
Mining Americas Inc. (TSX: MAI) has cleared the last major regulatory hurdle at its Cerro de Oro gold project, receiving approval from Mexico’s federal environmental department for the two permits that development has been waiting on. SEMARNAT granted the change of land use permit, known as the ETJ-CUS, alongside approval of the environmental impact assessment, […]
Collective Mining Begins Drilling at Orion Target
Collective Mining Ltd. (TSX: CNL) has begun drill testing Orion, a target defined this year roughly one kilometre east of the company’s flagship Apollo system at the Guayabales project in Colombia. Orion came out of generative fieldwork and a systematic review of the ground surrounding Apollo. Mapping outlined a 350 metre by 300 metre mineralized […]
Crossroads Gold Widens High Grade Soil Anomalism Across Five Pambula Prospects
Crossroads Gold Corp. (TSXV: CRG) has returned gold-in-soil assays of up to 21.8 g/t gold from its Pambula project in southeastern New South Wales, the latest batch from a sampling campaign that has now grown to 1,390 samples. The results, released Thursday, also included values of 8.4 g/t and 3.4 g/t gold. They follow assays […]
Ethics Commissioner Finds Nunavut MP Idlout Violated Conflict of Interest Code
The charges ranged from carved gifts handed out at an NDP caucus meeting to a lapel pin for the House Speaker, all billed to Idlout’s parliamentary office budget.
Sponsored · Selkirk Copper Mines
CATL’s Biggest Lithium Mine Loses License Over Environmental Review
Benchmark cut its 2026 output forecast for the mine nearly in half, and regulators are now inspecting other Jiangxi operations too.
Estonia’s Defence Minister Resigns Over Failed €70 Million Ukraine Shell Deal
Pevkur says some of the shells did arrive, just not in a condition anyone could use, and now sit in a warehouse while the dispute heads to arbitration.