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Trans Mountain Q1 2025 Revenue Jumps By 483% As Expansion Winds Down

Trans Mountain Corporation ended Q1 2025 with headline revenue of $729 million—up 483% from $125 million in Q1 2024—as its 890,000-barrel-per-day expanded system logged its first full comparable quarter. Operating costs roughly doubled, yet the much steeper revenue trajectory drove operating income to $349 million from just $9 million a year ago. Still, the income […]

US-China Spat Continues As They Accuse Each Other Of Violating Trade War Truce

Treasury Secretary Scott Bessent over the weekend accused China of withholding “products that are essential for the industrial supply chains” of the US and its allies, citing semiconductors and medicines that ran short during the pandemic. Bessent framed Washington’s agenda as “de-risk, not decouple,” stressing that the goal is to make “the whole world less […]

Canadian PM Meets Energy Leaders, Promises Collaboration

Prime Minister Mark Carney met with more than two dozen oil and gas executives in Calgary on Sunday, promising closer federal partnerships with the energy sector as part of his plan to make Canada an “energy superpower.” The closed-door roundtable marked Carney’s first visit to Calgary since being sworn in as prime minister. Attendees included […]

Ontario Signs Free Trade Deals With Alberta, Saskatchewan, PEI

Ontario has signed agreements with Alberta, Prince Edward Island and Saskatchewan to remove barriers to interprovincial trade, part of a broader push to unlock what officials say is $200 billion in economic potential across Canada. Premier Doug Ford joined Alberta Premier Danielle Smith, Saskatchewan Premier Scott Moe and Prince Edward Island Premier Rob Lantz to […]

Mako Mining Q1 2025: Revenue Surge, Record Operating Cash Flow Eclipsed By Huge Cash Burn

Mako Mining (TSXV: MKO) reported its Q1 2025 financials, with revenue surging 66% YoY to $31.8 million on the sale of 10,817 gold ounces at an average price of $2,915 per ounce. Volume rose 17% while realized price jumped 41%, driving gross sales well ahead of the $19.2 million recorded in Q1 2024. Cash costs […]

Emerita Resources Intends To Appeal Exploitation License Granted To Minera Los Frailes

Emerita Resources (TSXV: EMO) this morning has indicated that they intend to appeal a decision made by the Junta de Andalucia to grant an exploitation license to Minera Los Frailes for the development of the Aznalcollar project.

ATEX Hits 1,090 Metres of 0.81% Copper Equivalent At Valeriano

ATEX Resources (TSXV: ATX) has encountered further copper mineralization within their currently ongoing stage five drill program at the Valeriano copper-gold project in Chile. Assay results released this morning consist of the results from the sixth hole conducted under the drill program. Highlights from the results include: The results are said to demonstrate continuity within […]

Aura Minerals Purchases AngloGold’s Mineracao Serra Grande Mine For $76 Million

Aura Minerals (TSX: ORA) is set to add another operating asset to its portfolio. The company this morning indicated that it will be acquiring the Mineracao Serra Grande gold mine in Brazil from AngloGold Ashanti. Located in the state of Golas, the Mineracao gold mine consists of an open pit and three mechanized underground mines, […]

Further Steel Tariffs Loom With Trump’s Erratic Trade Policy

Donald Trump’s sudden decision to double steel tariffs from 25% to 50% has thrust North American steel markets into deeper uncertainty, with businesses bracing for a cost structure that could shift overnight, making multi-year planning effectively impossible. Observers highlight the fundamental problem: week-to-week policy swings create a hostile environment for capital expenditures and expansion plans, […]

First Majestic Silver: The Santo Nino Discovery

First Majestic Silver (TSX: AG) (NYSE: AG) has done it again – they’ve made another major discovery at the Santa Elena mine complex in Sonora, Mexico. Not only is this latest discovery proof of the potential that still exists at the complex, but it’s also the second major discovery on site in just twelve months.