Western Nations Unite to Challenge China’s Dominance in Critical Minerals Supply Chain

As global industries become increasingly dependent on high-tech components, the geopolitical spotlight has turned to critical minerals—resources essential for everything from electric vehicles to advanced military technologies. With China holding a dominant position in the global supply of these minerals, Western nations have rallied to challenge this monopoly. On Monday, the Minerals Security Partnership (MSP), […]

Bank of Canada Abandons Digital Currency Plans After Years of Research

After seven years of extensive research, the Bank of Canada has unexpectedly abandoned its plan to introduce a central bank digital currency (CBDC). The decision, which some see as a retreat from innovation, signals that the central bank will not be moving forward with a digital version of the Canadian dollar—at least for now. In […]

Rio Tinto Calls for Increased Exploration Amid Global Energy Transition Demands

Rio Tinto Group has issued a clarion call for the expansion of mineral exploration efforts, particularly for critical metals like copper, as the world grapples with the growing demand for materials essential to the energy transition. With decarbonization and renewable energy projects ramping up globally, metals like copper and lithium are becoming increasingly crucial, and […]

1M Oz GOLD Production Goal: The Next Big Gold Producer? | Equinox Gold Corp.

In this interview at the Precious Metals Summit 2024, Rhylin Bailie, VP of Investor Relations of Equinox Gold Corp. (TSX: EQX, NYSE: EQX), provides insights into the company’s recent achievements and strategic direction. Bailie begins by addressing the current market dynamics, noting the contrast between record-high gold prices and subdued market sentiment. She observes that […]

China’s Nuclear Expansion Fuels Surge in Kazakh Uranium Imports

China has emerged as the leading purchaser of Kazakhstan’s natural uranium exports during the first seven months of 2024. This development comes as China aggressively expands its nuclear energy sector, with recent approval for the construction of 11 additional nuclear reactors over the next five years. According to data from Kazakhstan’s National Bureau of Statistics, […]

Elon Musk Bows to Brazilian Court Demands After Weeks of Defiance

Well, he tried. Elon Musk’s social media platform X (formerly Twitter) has given in to the demands of Brazil’s Supreme Court after a weeks-long standoff. The company, which had been blocked in Brazil for defying court orders, has now complied with key requirements set by Supreme Court Justice Alexandre de Moraes. X has taken down […]

Uranium Energy Corp To Acquire Rio Tinto’s Wyoming Uranium Assets For $175 Million

Uranium Energy Corp (NYSE: UEC) has acquired additional uranium assets. The company has entered into an arrangement with Rio Tinto, whereby they are to acquire the firms uranium assets in Wyoming. The acquisition will see UEC purchase Rio Tinto’s Sweetwater Plant, along with a portfolio of uranium mining projects that are said to have 175 […]

New Found Gold Intersects 300.36 g/t Gold Over 5.1 Metres

New Found Gold (TSXV: NFG) has released the first assay results from a trenching program conducted at the Keats Zone at its Queensway Project in Quebec. Highlights from the results include: The trenching and channel sampling program saw significant overburden removed from portions of the Keats Zone, which enabled the company to better understanding the […]

Cards Against Humanity Sues SpaceX for $15 Million Over Land Dispute

The makers of the popular party game Cards Against Humanity have filed a lawsuit against Elon Musk’s SpaceX, alleging trespassing and property damage on a plot of land in Cameron County, Texas. The lawsuit, filed in a Texas court, seeks $15 million in damages. “Just look at it! He fucked it,” the company wrote on […]