Canadian Housing Starts Rise 2% In 2024, Falling Short of Affordability Goals
Canada’s housing starts increased by 2% in 2024, reaching 245,120 units across all areas, according to data released by the Canada Mortgage and Housing Corporation. This modest growth, while marking the third-highest year on record, still falls significantly short of the levels needed to address the country’s housing affordability crisis. In urban centers with populations […]
Skeena Discovers Gold-Copper Porphyry System At KSP, Hits 0.71 g/t Gold Over 381.47 Metres
Skeena Resources (TSX: SKE) is reporting this morning that it has discovered a gold-copper porphyry system at its KSP property, found 24 kilometres to the southwest of its flagship Eskay Creek project. The discovery follows a 9,182 metre drill program, which consisted of a total of 22 drill holes. The program intersected broad intervals of […]
GoGold Reports US$355 Million After-Tax Net Present Value For Los Ricos South In Feasibility Study
GoGold Resources (TSX: GGD) has released a feasibility study for its Los Ricos South Project in Jalisco, which is highlighted by a net present value of US$355 million on an after-tax basis, using a 5% discount rate. The after-tax IRR meanwhile amounts to 28% in the base case scenario. The estimate is based on an […]
Aris Mining Produces 210,995 Ounces In 2025, Issues 2025 Guidance
Aris Mining (TSX: ARIS) achieved guidance with respect to its production targets for 2024. The miner last night indicated it had produced 210,995 ounces of gold for the full year, while revised guidance had called for production to range from 205,000 to 220,000 ounces. The figures follow Aris’ Segovia mine producing 187,583 ounces of gold […]
Spain Plans 100% Tax on Non-EU Property Buyers to Curb Housing Crisis
Spain’s government has announced plans to impose a 100% tax on real estate purchases by non-EU residents, introducing its strongest measure yet to address soaring housing costs that have sparked public discontent. Prime Minister Pedro Sanchez revealed the tax proposal alongside eleven other housing measures, citing data showing non-EU residents purchased approximately 27,000 Spanish properties […]
South Korean Investigators Detain Impeached President After 2nd Attempt Following Martial Law Controversy
South Korean President Yoon Suk Yeol has been detained by the nation’s Corruption Investigation Office after weeks of defiance against legal authorities. The embattled leader faces accusations of insurrection stemming from his controversial declaration of martial law last month, a decision that has thrown the nation into political and social turmoil. Yoon’s arrest marks the […]
NDP’s Singh Proposes Critical Mineral Ban in US Trade Dispute
New Democratic Party leader Jagmeet Singh called on Monday for Canada to halt critical mineral exports to the US in response to former US President Donald Trump’s tariff threats. “Let’s stop the flow of those critical minerals into the States. There’s no quicker way to get Donald Trump to back away from tariffs,” Singh told […]
New SEC Lawsuit Claims Elon Musk Delayed Twitter Stake Disclosure, Saving Millions
A new lawsuit filed by the U.S. Securities and Exchange Commission against Elon Musk, the billionaire CEO of Tesla (NASDAQ: TSLA) and owner of social media platform X, has brought renewed attention to federal reporting requirements for significant stock purchases. In a complaint dated January 14, 2025, the SEC alleges that Musk failed to disclose […]
Champagne Rules Out Canadian Liberal Leadership Bid
Innovation Minister François-Philippe Champagne announced on Tuesday he will not seek to replace Justin Trudeau as Liberal Party leader, saying he will focus on defending Canadian interests amid looming US trade tensions. “This was one of the most difficult decisions of my life, but the right one at the right time,” Champagne told a Canadian […]
Ford May Seek Ontario Vote Over Costs of US Tariff Response
Ontario Premier Doug Ford suggested holding an early election if his government must spend billions countering threatened US tariffs. “I think, if it comes to it and we have to spend tens of billions of dollars, we go to the people, let the people decide. It’s their money, it’s not the government’s,” Ford told reporters […]