Agnico Eagle Acquires 94.1% Stake In O3 Mining Via Take-Over Bid
Agnico Eagle Mines (TSX: AEM) has been successful in its efforts to have shareholders tender their shares of O3 Mining (TSXV: OIII) to the company. The two entities jointly announced this morning that Agnico has managed to acquire 94.1% of the outstanding common shares of the company. The tender offer saw Agnico offer $1.67 per […]
Doug Ford To Call Snap Election For February
Ontario Premier Doug Ford will call a provincial election next Wednesday for February 27, a senior Progressive Conservative source confirmed, as his government seeks a fresh mandate to handle US trade pressures. The announcement would follow a weekend “super caucus” meeting where Progressive Conservative candidates will gather near Toronto’s airport for campaign preparation. “Your participation […]
First Majestic Drills 113,000 Metres At San Dimas In 2024
First Majestic Silver (TSX: AG) (NYSE: AG) had a successful exploration campaign at its San Dimas Silver and Gold Mine in 2024. The company this morning posted assay result highlights from a number of drill holes conducted as part of the 2024 program.
‘Time to Make a Deal’: Trump Threatens New Trade Restrictions on Russia Over Ukraine War
President Donald Trump has warned Russia of severe economic consequences if the ongoing war in Ukraine continues. Trump posted on Truth Social Wednesday that he would impose “high levels of Taxes, Tariffs, and Sanctions” on Russian imports to the US and other participating nations if parties fail to reach a peace deal soon. Trump referenced […]
We Will See $50 Silver This Time | David Morgan
In this interview, David Morgan from The Morgan Report projects silver could reach $50 in 2025, with $33 as key resistance. Morgan explains the current market split: weak retail demand but tight industrial supplies. He discusses the Silver Users Association’s historical role and the potential impacts of tariffs on industrial users. Drawing from his aerospace […]
Is Saudi Arabia Poised to Profit from a US Imposing Tariffs on Canada Oil?
In a week marked by renewed attention on U.S. energy policy, a debate has emerged over whether potential tariffs on Canadian oil could serve the interests of certain members of the Organization of the Petroleum Exporting Countries, including Saudi Arabia. A recent post from energy commentator Christine Guerrero, who goes by the handle @SheDrills, posited […]
Freeland Makes a U-Turn on Capital Gains Tax
Chrystia Freeland will abandon her controversial capital gains tax increase if she becomes Canada’s next prime minister, a source close to her campaign says. This reverses a policy she introduced as finance minister in April, when she argued wealthy investors should pay more to fund government programs. The leadership candidate sees Trump’s promised tax cuts […]
CNN Plans Major Job Cuts, Digital Expansion
CNN will cut hundreds of jobs on Thursday as part of a strategic shift toward digital operations, while NBC News plans smaller workforce reductions this week, according to sources familiar with the decisions. The restructuring at CNN, which employs approximately 3,500 people globally, comes as parent company Warner Bros. Discovery (Nasdaq: WBD) has committed more […]
New Rapidly Spreading Fire Forces Thousands to Flee Los Angeles County
A fast-moving wildfire erupted Wednesday morning in Los Angeles County’s mountainous terrain near residential areas and schools, forcing thousands of people to evacuate as flames consumed over 10,000 acres near Castaic Lake. The Hughes fire, which ignited 45 miles northwest of Los Angeles, prompted authorities to issue mandatory evacuation orders for 31,000 residents and evacuation […]
Tech Titans Commit $500 Billion To Trump For AI Expansion, But Musk Is Not Convinced
Hyped ahead of its announcement, U.S. President Donald Trump has declared plans to inject $500 billion into artificial intelligence infrastructure through a new public-private partnership named Stargate. The unveiling, which took place at the White House on Tuesday afternoon, brought together leaders from some of the world’s foremost technology firms, signaling a bold commitment to […]