Hercules Metals Hits 138 Metres Of 1.01% Copper Equivalent
Hercules Metals (TSXV: BIG) continues to intersect long intervals of copper mineralization at its Hercules property in Western Idaho. The firm this morning released its latest assay results, which come from two drill holes. Highlights from the results include: HER-24-20 is said to be a 330 metre step out that intersected porphyry mineralization at a […]
Torex Gold Guides To Production Midpoint Of 425,000 Gold Equivalent Ounces In 2025
Torex Gold (TSX: TXG) is calling for gold production of 400,000 to 450,000 gold equivalent ounces in 2025. The figure was included in full year 2025 guidance released by the company this morning. The production estimate is based on 300,000 to 350,000 ounces of gold, 1.6 million to 1.8 million ounces of silver, and 40 […]
Trilogy Metals Outlines $394 Million After Tax NPV For Bornite Copper Project
Trilogy Metals (TSX: TMQ) this morning released the results of a much-anticipated preliminary economic assessment that was conducted on its Bornite copper project, a joint venture equally owned by South32. The estimate outlines an underground mining operation capable of processing 6,000 tonnes per day, with the operation to repurpose the infrastructure from the Arctic project […]
SilverCrest Reports Q4 Production Of 2.5 Million Silver Equivalent Ounces
SilverCrest Metals (TSX: SIL) has released its production results for the fourth quarter and full year of 2024. The production comes from the firms Las Chispas operation, which is found in Sonora, Mexico. In the fourth quarter, the company managed to produce 2.50 million ounces of silver equivalent, which consisted of 1.38 million ounces of […]
Biden Moves to Drop Cuba from Terror List in Final Days
President Joe Biden moved on Tuesday to strike Cuba from a US terrorism blacklist while Havana announced plans to “gradually” free hundreds of prisoners, twin decisions reshaping bilateral ties ahead of Donald Trump’s return to office. The administration aims to reverse Trump’s 2021 terrorism designation and ease sanctions, pending congressional review and the incoming administration. […]
Olivia Chow Proposes 6.9% Tax Hike in $18.8 Billion Budget
Toronto Mayor Olivia Chow proposed a 6.9% tax increase for homeowners on Monday as part of an $18.8 billion operating budget aimed at expanding city services while addressing financial pressures. The increase comprises a 5.4% property tax hike and a 1.5% city building levy, which would cost the average Toronto homeowner an additional $268 annually, […]
TikTok May Be Gone In US By Sunday As Supreme Court Signals Upholding Ban
The U.S. Supreme Court is reportedly set to uphold a law mandating the sale or shutdown of TikTok’s U.S. operations by January 19, 2025. This decision escalates tensions between Washington and Beijing, raising critical questions about national security, free speech, and the future of digital platforms. ByteDance, the Beijing-based parent company of TikTok, has stated […]
GTA Home Inventory Swells as Sales Lag Behind New Listings
The Greater Toronto Area saw housing listings surge in 2024, shifting market dynamics in favor of buyers, particularly first-time buyers and those in the condominium sector, according to new data from the Toronto Regional Real Estate Board. The market experienced a substantial 16.4% increase in new listings throughout 2024, while sales grew by only 2.6%, […]
Russian Energy Giant to Slash Head Office Workforce by 40%
Gazprom, Russia’s state energy corporation, plans to cut 1,600 positions at its St. Petersburg headquarters — reducing its central office staff by nearly half. The restructuring plan came to light through a leaked internal letter that company officials have since verified as authentic. Deputy Board Chairman Elena Ilyukhina wrote in a December letter that excessive […]
A Week Before Trump Transition, Biden Team Proposes Sweeping AI Chip Controls
The Biden administration proposed new controls Monday over the export of advanced AI computer chips, affecting technology sales to more than 120 countries worldwide. The framework establishes unrestricted access for 20 close allies, including Japan, Britain, and major European nations, while limiting exports to countries such as Mexico, Portugal, Israel, and Switzerland. “It’s critical to […]