BREAKING: Habemus Papam! Conclave Elects First American Pope To Lead 1.4B Catholics
White smoke rose from the Sistine Chapel at 6:07 p.m. Vatican time, signaling that after just two days and four ballots, the College of Cardinals had reached the consensus to elect the 267th pope of the Roman Catholic Church. The new pontiff, Cardinal Robert Francis Prevost, will take the name Pope Leo XIV. This marks […]
Spain Reconsiders Nuclear Phase-Out After Grid Collapse
Spain is reconsidering its nuclear energy policy following a catastrophic power outage in April that affected the entire Iberian Peninsula. The collapse occurred when power generation suddenly dropped by more than half of operating capacity, destabilizing the interconnection with France and triggering a cascade of system failures. “It remains unknown why this occurred or why […]
Orsted Pulls Plug on Massive Hornsea 4 Wind Farm, Citing Economic Pressures
Danish energy firm Orsted (CPH: ORSTED) has abandoned plans for the fourth phase of its Hornsea wind project, creating a major obstacle for Britain’s clean energy ambitions. The 2.4 gigawatt installation planned off Yorkshire would have generated electricity for roughly one million residences and was considered essential for the government’s renewable energy expansion strategy. According […]
US Leverages Trade Talks to Push Starlink Expansion, Documents Show
The United States is leveraging tariff negotiations to secure foreign regulatory approvals for Elon Musk’s Starlink satellite internet service, according to internal State Department documents obtained by The Washington Post. Less than two weeks after President Donald Trump announced 50% tariffs on goods from Lesotho, the African nation’s communications regulator met with Starlink representatives and […]
Sponsored · Selkirk Copper Mines
BREAKING: Trump Announces Expanded Market Access In First Post-Tariff Deal With UK
President Donald Trump on Thursday announced a preliminary trade agreement with the UK—his first since escalating global tariffs last month—marking a politically strategic breakthrough for both his administration and UK Prime Minister Keir Starmer. Speaking from the Oval Office, Trump declared the deal a “historic” framework that would “cement the relationship between the United States […]
Shopify’s Q1 2025 Net Loss Swells 150%, Undermining Revenue and Cash Flow Gains
Shopify (TSX: SHOP) has reported Q1 2025 results: revenue surged 27% YoY to $2.36 billion, led by merchant solutions, which jumped 29% to $1.74 billion, while subscription solutions increased 21% to $620 million. Gross profit rose 22% to $1.17 billion, with gross margin stable at roughly 49.5%. Operating expenses grew 11% to $966 million, led […]
Lundin Mining Doubles Net Earnings In Q1 2025 As Free Cash Flow Turns Negative
Lundin Mining (TSX: LUN) posted its earnings for the first quarter of 2025, with revenue at $963.9 million, an 18.7% increase over Q1 2024’s $812.3 million. This is attributed to higher realized prices for copper ($4.63 per pound vs $4.20 per pound last year) and gold ($3,349 per ounce vs $2,400 per ounce last year), […]
BCE Slashes Dividend by 56% in Q1 2025, Announces Deal To Expand Into US
BCE (TSX: BCE) reported first quarter 2025 financial results, with operating revenues falling 1.3% YoY to $5.93 billion, down from $6.01 billion in Q1 2024 and also lower than Q4 2024’s $6.44 billion. Product revenue plummeted 7.4% to $758 million, while service revenue declined 0.4% to $5.17 billion, with Bell Communication and Technology Services acting as the […]
Sponsored · Silver47 Exploration Inc.
Aris Mining Q1 2025: Record Revenue, EPS Can’t Shield Earnings Decline
Aris Mining (TSX: ARIS) reported a sharp decline in net income for Q1 2025, dropping 89% to just $2.4 million from $21.7 million in Q4 2024, despite posting record gold revenues of $154.1 million—up 47% year-over-year and 4% quarter-over-quarter. Net income plummeted quarter-over-quarter due to a $16.6 million loss on financial instruments and a $6.0 […]
Dolly Varden Acquires Strikepoint Gold’s Porter Project In BC
Dolly Varden Silver (TSXV: DV) for the second time this week has expanded their claims within the golden triangle of British Columbia. The company this morning indicated they will be acquiring the Porter Project, which is found just outside of Stewart, from Strikepoint Gold (TSXV: SKP). The acquisition consists of 15 contiguous claims and 46 […]