Aya Gold & Silver Reports 383,515 Silver Ounces Produced In January Following Expansion
Aya Gold & Silver (TSX: AYA) has finally released its fourth quarter production results, with the company reporting the production of 491,310 ounces of silver for the period. The production figure represents a 9.2% increase over the 450,046 ounces of silver produced in the fourth quarter of 2023. Tonnes processed during the quarter came in […]
Liberty Gold To Spin Out Antimony Asset Into New US-Focused Explorer
Liberty Gold (TSX: LGD) is set to spin out one of its assets into a new entity following another discovery. The company intends to spin out its Goldstrike Project in southwestern Utah into a new US-focused strategic metals company. The decision to spin out Goldstrike follows the company identifying a third zone of high grade […]
Frontera, CGX Lose Guyana Petroleum Prospecting License
CGX Energy (TSXV: OYL) and Frontera Energy (TSX: FEC) appear to have lost a major asset in Guyana. The companies, whom have a joint venture on a license within the country, have seen the government revoke the license that is currently in place. The license, which refers to a petroleum prospecting license for the Corentyne […]
Canada Keeps Supply Management Despite Push to Remove Trade Barriers
Canada will keep its controversial supply management system for dairy and poultry products while pursuing other interprovincial trade reforms, Transport and Internal Trade Minister Anita Anand said last week. “Substantial progress can be made in the short term in reducing barriers to interprovincial trade in goods and services,” Anand told reporters in Halifax, while confirming […]
More Trump Tariffs Coming: 25% On Steel And Aluminum
Tariffs are back after President Donald Trump announced that he will apply a 25% levy on steel and aluminum imports, building on the duties he first implemented and paused earlier this month. The move reiterates the 25% tariff on steel Trump first proposed in his previous term but increases the proposed duties on aluminum from […]
Trump Open to Sending Prisoners to El Salvador
El Salvador offered last week to take custody of US prisoners and house them in its mega-prison for a fee, a proposal that President Donald Trump and Elon Musk not surprisingly welcomed. “We are willing to take in only convicted criminals (including convicted US citizens) into our mega-prison (CECOT) in exchange for a fee,” Bukele […]
Why Does Coinbase CEO Brian Armstrong Want CFPB Gone?
Coinbase (NASDAQ: COIN) CEO Brian Armstrong has turned his ire on the Consumer Financial Protection Bureau, denouncing the agency as unconstitutional and insisted it should be “deleted,” echoing Elon Musk’s similar calls for the CFPB’s demise. Armstrong’s message—“The CFPB is unconstitutional on the face of it”—stands in stark contrast to the community notes accompanying his […]
Is Trump Targeting The Treasury Next?
Recent remarks by President Donald Trump suggest that he—joined by Elon Musk’s government efficiency team—had discovered “irregularities in US treasuries,” implying that his administration might consider “disregarding some” of its debt obligations. The remarks were reportedly said while Trump was on Air Force One en route to the Super Bowl. “Maybe we have less debt […]
Former Top Bureaucrat Calls for Aggressive Public Service Cuts In Canada
Canada’s former top civil servant called current workforce reduction plans inadequate for trimming the country’s 370,000-strong federal bureaucracy. Michael Wernick, who led Canada’s civil service as Privy Council clerk from 2016 to 2019, rejected both Liberal and Conservative proposals to reduce staff through attrition. “Attrition is the worst way to get to a smaller, leaner […]
Federal Judge Forces Coinbase to Confront Broker-Dealer Allegations
Coinbase (NASDAQ: COIN) is facing mounting legal pressure over allegations that it illegally offered and sold digital tokens that qualify as securities. A federal judge in Manhattan recently ruled that Coinbase must answer claims from customers who say the company failed to register as a broker-dealer. District Judge Paul Engelmayer determined that Coinbase could not […]