US Army Plans Fleet of Small-Scale Refineries for Critical Minerals
The US military plans to develop a fleet of small-scale refineries to produce critical minerals used in manufacturing bullets, armor and other weaponry, marking a strategic shift toward establishing domestic sources for materials Chinese miners have long controlled. The US Army is developing the previously unreported initiative alongside the Idaho National Laboratory and antimony and […]
Shareholders Overwhelmingly Approve Anglo Teck Merger
Shareholders of Anglo American and Teck Resources both approved their merger of equals to form Canada-headquartered “Anglo Teck.” Anglo votes in favor at 99.17% for share issuance and 99.98% for the name change and Teck approvals came in at 99.7% for Class A and 89.7% for Class B. “This resoundingly positive vote marks an important […]
Zelensky: Ukraine Is Ready for Elections If NATO Will Get ‘Troops on the Ground’
Ukrainian President Volodymyr Zelensky said Tuesday he is prepared to hold elections within 60 to 90 days, contingent on Western allies providing security guarantees, responding to criticism from US President Donald Trump, who questioned whether Ukraine remains a democracy. “Look, I am ready for the elections, and not only that,” Zelensky told reporters Tuesday. He […]
SpaceX Eyes $25B IPO, Reports Say
SpaceX is reportedly pursuing an IPO in 2026, targeting proceeds of more than $25 billion and a valuation above $1 trillion, according to a source cited by Reuters. The same source said SpaceX has started discussions with banks and the listing could land around June or July 2026. Use-of-proceeds is unusually specific for an IPO […]
Microsoft Announces $19 Billion Investment in Canadian AI Infrastructure
Microsoft Corp. (Nasdaq: MSFT) announced Tuesday it will invest $19 billion in Canada between 2023 and 2027 to expand artificial intelligence and cloud computing infrastructure, marking the tech giant’s largest commitment in the country’s history. The company plans to deploy more than $7.5 billion over the next two years, with new datacenter capacity scheduled to […]
US Beats EU to Brazilian Rare Earth Deal With $465 Million Commitment
The United States secured production rights from a Brazilian rare earth mine, swooping in just days before European Union officials were planning to negotiate for the same supply, the EU’s industry chief said in an interview published Thursday. Stéphane Séjourné, the European Commission’s executive vice president for prosperity and industrial strategy, told Dutch newspaper NRC […]
Seabridge Gold Drills 0.60 g/t Gold Over 719 Metres At Snip North
Seabridge Gold (TSX: SEA) has released further assay results from the 2025 exploration program conducted at their Snip North Deposit, which is part of the Iskut project. Wide intervals of consistent gold and copper mineralization were intersected under the program, further expanding the area defined by mineralization. The strike length at the deposit has now […]
Canacol Energy Secures US$45 Million Under Debtor-In-Possession Financing
Canacol Energy (TSX: CNE) has managed to secure debtor-in-possession financing, following the company making a filing under the Companies Creditors Arrangement Act in late November. The financing comes from an ad hoc group of holders of the firms 5.75% senior secured notes due 2028. The lenders have agreed to provide a US$45 million delayed-draw new-money […]
Congress Unveils $901 Billion Defense Bill Targeting Supply Chain Risks From China
Congress released a defense policy bill Sunday that authorizes roughly $901 billion in national security spending for fiscal 2026, the largest such authorization in US history. The measure addresses growing concerns about US reliance on foreign adversaries for critical military technology, particularly electronic display systems sourced from China and other “covered nations.” The legislation prohibits the […]
Benin Foils Coup Bid as Nigeria and ECOWAS Step In
Security forces loyal to President Patrice Talon suppressed a coup attempt on Sunday, after mutinous soldiers briefly seized the state television station and announced the dissolution of the government, officials said. The rebel faction identified itself as the “Military Committee for Refoundation,” led by Lt. Col. Pascal Tigri. At the government’s request, Nigeria dispatched fighter […]