Federal Loan Throws Rivian a $6.6B Lifeline Amid Mounting Debt and Production Delays
The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the nation’s clean energy economy. The loan, facilitated through the Department of Energy, is intended to fund the construction of a new EV manufacturing plant in Stanton Springs […]
Sheinbaum to Trump: Mexico Won’t Bow to Tariff Demands
In a bold and assertive response to U.S. President-elect Donald Trump’s proposed tariffs, Mexican President Claudia Sheinbaum announced Tuesday that Mexico would retaliate in kind if the U.S. imposes its sweeping import duties. The proposed tariffs, set to take effect on Trump’s first day in office on January 20, 2025, target Mexico, Canada, and China, […]
Mali Arrests Four More Mining Executives In Intensified Government Crackdown
Mali’s military-led government continues to escalate its pressure on foreign mining companies, detaining executives and employees as disputes over unpaid taxes, royalties, and revised mining agreements intensify. This week, four employees of Barrick Gold Corporation (TSX: ABX) were arrested at the company’s Loulo-Gounkoto mining complex, further straining relations between the government and one of the […]
Logan Energy Drops $52 Million On 50% Working Interest In Gran Tierra Montney Assets
Logan Energy (TSXV: LGN) is expanding its holdings in the Montney region of Alberta. The oil and gas producer has entered into a transaction with Gran Tierra Energy (TSX: GTE) to acquire a 50% working interest within certain assets near to Simonette, Alberta. The transaction will see Logan pay $52.0 million in cash for a […]
Premium Resources Reports Initial Inferred Resource At Selkirk Mine
Premium Resources (TSXV: PREM) has published an initial mineral resource estimate for its Selkirk Mine in Botswana. The resource focuses on copper, nickel, palladium and platinum values in the mine, while excluding cobalt due to cobalt analyses not be present throughout the deposit. Highlights from the resource estimate include: The initial resource estimate is based […]
Denison Mines Options Three Uranium Properties To Cosa Resources
Denison Mines (TSX: DML) is offloading certain of its exploration properties in the Athabasca Basin of Saskatchewan. The firm this morning indicated it has optioned out three properties to Cosa Resources (TSXV: COSA) under an arrangement that will see joint ventures formed for the claims. Properties to be optioned out include Murphy Lake North, Darby, […]
CrowdStrike’s Revenue Grows to $1.01 Billion in Q3, but Rising Costs Cut Into Gains
CrowdStrike Holdings (NASDAQ: CRWD) delivered a robust performance in its third quarter of fiscal year 2025, crossing the $1 billion quarterly revenue milestone and achieving 29% year-over-year revenue growth. This marks a critical achievement for the cybersecurity giant as enterprises increase their defenses against rising AI-driven cyber threats. The company’s revenue for the quarter ending […]
Solaris Resources Abandons Canada Over Investment Policy Roadblocks
Let’s all give a round of applause for Justin Trudeau and his policies. Why? Because they have successfully driven away capital, in an amount that is now definitively measurable, at least to some degree. Copper developer Solaris Resources (TSX: SLS), whom is valued at just under $700 million, has finalized plans to leave the country […]
Copper Hunt: High-Grade VMS Target Near Major Mines | Jeremy S. Brett – Planet Green Metals
In this interview, Jeremy S. Brett, President & CEO of Planet Green Metals Inc. (CSE: PGR), outlines the company’s focused copper exploration strategy and future plans. Brett details their flagship Sheridan VMS (Volcanogenic Massive Sulfide) property near Timmins, Ontario, highlighting plans to expand the property to 12,000 hectares. He outlines two key strategic initiatives: the […]
Bluesky Daily Users Jump 500%, Narrowing Gap with Threads
Social media platform Bluesky has seen explosive growth following Donald Trump’s presidential election victory, with US app and website usage increasing more than 500% to reach 3.5 million daily users, according to data from Similarweb. The platform, launched in 2019 by Twitter co-founder Jack Dorsey, has attracted academics, journalists, and left-leaning politicians departing Elon Musk’s […]