Massive Battery Plant Fire Tests Grid Storage Safety
A fire at a Vistra Energy lithium battery plant, the world’s largest grid storage facility, forced evacuations and closed a major highway in Northern California, highlighting risks of a technology crucial to renewable energy expansion. The blaze, which started Thursday about 80 miles south of San Francisco, had diminished significantly by Friday, Fire Chief Joel […]
Rua Gold Intersects 27.2 g/t Gold, 1.35% Antimony Over 0.3 Metres At Murray Creek
Rua Gold (TSXV: RUA) has intersected gold in multiple drill holes conducted across its Reefton assets. The company this morning provided a drilling update for multiple properties, indicating that gold has been encountered at both Murray Creek and Capleston, with further drilling currently underway.
Canadian Court Fast-Tracks Challenge Over Parliament Suspension
A federal court will hear an expedited challenge to Prime Minister Justin Trudeau’s parliamentary shutdown next month, marking a legal test of the government’s legislative pause. Federal Court Chief Justice Paul Crampton set a February 13-14 hearing date in Ottawa, bypassing usual procedural delays to examine the constitutionality of Trudeau’s move to suspend Parliament until […]
Trump Will Reportedly Declare “National Energy Emergency” On Day 1
U.S. President-elect Donald Trump is reportedly preparing to invoke emergency powers to accelerate domestic oil and gas production. The anticipated declaration of a “national energy emergency” is expected to come within hours of Trump being sworn into office on Monday, according to multiple sources, including Bloomberg and Axios reports. The looming executive actions are a direct challenge to President […]
The DOGE Soap Opera: Ramaswamy Reportedly Out, Trump Contradicts
In the latest twist surrounding U.S. President-elect Donald Trump’s new Department of Government Efficiency—colloquially known as “DOGE”—speculation is mounting that businessman and former GOP presidential candidate Vivek Ramaswamy could be stepping away from his role in the much-hyped initiative. Reports first surfaced when Eric Daugherty, a political commentator, posted a claim attributed to CBS stating […]
Trump To Set Tone For Trade Policy That Seemingly Sidesteps Immediate Tariffs
After all that tough tariff talk, U.S. President-elect Donald Trump is reportedly expected to sign a sweeping memorandum on Monday that will guide the course of U.S. trade policy over the coming years. Contrary to earlier concerns, the action will not impose new tariffs on day one, according to officials familiar with the plan. This […]
NG Energy Sells 40% Interest In Sinu-9 For US$150 Million, Reducing Ownership To Minority Interest
NG Energy (TSXV: GASX) is set to become a minority stakeholder in the Sinu-9 Block in Colombia, following a letter of intent the company has signed as a means of securing funding. The LOI will see the company sell a 40% operating working interest in the block to Etablissements Maurel & Prom S.A. The sale […]
Benton Hits 7.47% Copper Over 22.0 Metres, Discovers New Zone
Benton Resources (TSXV: BEX) has released assay results from another drill hole at its Great Burnt copper project in Newfoundland. The latest data comes from the Great Burnt Main Zone, while confirming mineralization in a parallel Footwall Zone. Highlights from the results include: The hole is said to have served as an infill hole for […]
Kits Eyecare Reports $159.3 Million In Prelim Revenue For 2024
Kits Eyecare (TSX: KITS) has released preliminary results for the fourth quarter as well as the full year of 2024. The results are highlighted by topline revenue growth of 32% on a year over year basis. Total revenue for the fourth quarter is reported as being $44.8 million, marking a 42% improvement on a year […]
Canoo Goes Belly Up, Ceases Operations
Electric vehicle maker Canoo Inc. (Nasdaq: GOEV) has filed for Chapter 7 bankruptcy and will cease operations immediately, becoming another casualty among EV companies that went public through SPAC mergers during the sector’s boom. The seven-year-old startup, which owes creditors more than $164 million against $126 million in assets, announced late Friday that talks with […]