Auditor General Launches Full Probe of GC Strategies’ $107M Government Contracts
Canada’s Auditor General Karen Hogan announced Monday she will conduct a comprehensive audit of all government contracts awarded to GC Strategies, its predecessor Coredal, and related companies, expanding beyond the controversial ArriveCan app investigation. Responding to a formal request from the House government operations committee, Hogan confirmed in letters to House Speaker Greg Fergus and […]
Bank of Canada Further Cuts Policy Rate by 50 Basis Points to 3.75%
The Bank of Canada (BoC) has reduced its key interest rate by 50 basis points, bringing the overnight rate to 3.75%. This decision, announced on Wednesday, marks the central bank’s fourth consecutive rate cut since June, as inflation has returned to target levels. Inflation in Canada has fallen sharply in recent months, dropping from 2.7% […]
Volt Lithium Extracts Battery-Grade Lithium Carbonate from Texas Oilfield Brine
Volt Lithium Corp. (TSXV: VLT) recently reported that it has successfully produced battery-grade lithium carbonate from oilfield brine in the Permian Basin, Texas. The Permian Basin, historically known for its oil and gas production, is now emerging as a new source of lithium. The company’s direct lithium extraction (DLE) technology has allowed the company to […]
MAG Silver Boosts Output with 4.9M Silver Ounces in Q3 2024
MAG Silver Corp. (TSX: MAG) has reported its production results from the Juanicipio plant, a key asset in its joint venture with Fresnillo plc, for the third quarter (Q3) of 2024. The Juanicipio plant, a 56%-44% joint venture between Fresnillo and MAG Silver, processed 332,290 tonnes of ore during Q3, continuing its steady production pace […]
IAMGOLD Drills 19 Meters At 5.15 g/t Gold In Nelligan Project
IAMGOLD Corporation (TSX: IMG) has released new assay results from its 2024 drilling program at the Nelligan Project in Quebec, revealing significant extensions of the gold-bearing zones, adding momentum to the company’s exploration efforts in this highly prospective mining district. The Nelligan Project, fully owned by IAMGOLD, is located in the prolific Abitibi gold belt […]
Collective Mining Assays 57.65m at 8.18 g/t AuEq at Apollo
Collective Mining (TSX: CNL) announced the discovery of a significant high-grade gold zone at its Apollo system within the Guayabales Project in Caldas, Colombia. The newly discovered zone, known as the Ramp Zone, was revealed through deep drilling at a depth of over 1,000 meters below the surface, marking an important step in the development […]
First Quantum Sees Lower Earnings, Production In Q3 2024 Amid Challenging Quarter
First Quantum Minerals (TSX: FM) announced its financial and operational results for the third quarter of 2024, showing resilience amid ongoing challenges. The company reported net earnings attributable to shareholders of $108 million, or $0.13 per share, and adjusted earnings of $119 million, or $0.14 per share. Both earnings and production figures remain substantially lower […]
Citron Research Associate Ryan Choi to Settle SEC Fraud Case for $1.8 Million
Ryan Choi, a 35-year-old Beverly Hills resident and associate of prominent short seller Andrew Left, has agreed to pay $1.8 million to settle Securities and Exchange Commission charges related to misleading stock recommendations made through Citron Research. The SEC filed a civil suit in Los Angeles federal court, alleging that Choi “negligently engaged in a […]
Beef Prices Expected to Soar Through 2025, Expert Warns
A leading food industry analyst predicts that consumers will face significantly higher beef prices until at least mid-2025, with potential impacts extending into 2026. Dr. Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University, cites widespread North American droughts and industry challenges as key factors driving the price surge in his column for […]
Tim Pool Throws In The Beanie, But Not Before Blaming The Employees For Him Quitting
Tim Pool, the beanie-clad YouTuber whose political commentary has garnered millions of followers, appears to be throwing in the towel—at least on his nightly Timcast IRL show. His announcement of a possible shutdown came with a flurry of grievances about lazy employees, personal burnout, and struggles with balancing work and life. But for those closely […]