Pentagon Takes 40% Stake In JPMorgan-Backed US Smelter
The Defense Department-backed plan to build Korea Zinc’s US Smelter in Tennessee ties a $7.4 billion total investment to a 40% government stake in a JPMorgan-financed joint venture designed to expand domestic processing for base, precious, and strategic metals, including silver. Korea Zinc is targeting approximately $6.6 billion in capital expenditures, with total investment rising […]
First Phosphate Receives US$530,000 Pre-Payment Under Offtake Agreement
First Phosphate (CSE: PHOS) is already being paid for their phosphate – even though it’s still in the ground. The company this morning indicated it has received an initial payment following an amendment being made to an existing long-term phosphate concentrate offtake agreement that is currently classified as a letter of intent.
Lithium Argentina Hits 2025 Guidance With 34,100 Tonnes Lithium Carbonate Produced
Lithium Argentina (TSX: LAR) has released preliminary production results for the fourth quarter and full year 2025 from Cauchari-Olaroz. The company has reportedly met guidance, following record fourth quarter production at the mine. Q4 production totaled 9,700 tonnes of lithium carbonate, with the mine said to have averaged operating at 97% of nameplate capacity throughout […]
CanAlaska Plans $15 Million Exploration Program At West McArthur For 2026
CanAlaska Uranium (TSXV: CVV) is said to be gearing up for significant exploration in 2026, with the company approving an exploration budget of $15 million for 2026. Those funds are to be spent at the West McArthur Joint Venture, which the company holds an 88.86% interest in. Exploration under the 2026 season is set to […]
‘It Was One Dance Move Too Many’: How Maduro’s Videos Triggered Deadly US Invasion
And ICYMI: Trump’s real target wasn’t drugs — it was Venezuela’s 303 billion barrels of oil.
More Venezuelan Oil Could Mean Less Money For US Domestic Industry
President Donald Trump is betting that capturing President Nicolás Maduro and opening Venezuela’s oil sector to major US producers can convert the world’s largest reserves into fast barrels and faster cash, but the math points to slow, risky, and potentially uneconomic output growth. Trump framed the push as both a repair job and payday, saying […]
After Venezuela, Cuba? Trump Calls It “Failing Nation”
Following Venezuela attacks, the thesis is US messaging is escalating around Cuba. It was reported that President Donald Trump indicating Cuba is next, commenting, “It’s something we are going to talk about… Cuba is a failing nation.” Secretary of State Marco Rubio reinforced the signal, saying “When the president speaks, you should take him seriously.” […]
Are Oil Giants Ghosting Trump on Venezuela?
President Donald Trump on Saturday promised that “very large” US oil companies would pour billions into rebuilding Venezuela’s oil infrastructure after capturing President Nicolás Maduro. The industry’s response: deafening silence. Hours after Trump’s Mar-a-Lago announcement, the three major American oil companies with Venezuelan ties offered cautious statements that avoided any commitment to new investments. Chevron, […]
Venezuela Shock Does Not End Canada’s US Oil Grip – For Now
Canada’s oil story is not ending, but it is getting riskier as Washington talks and acts like Venezuelan crude could be steered toward US refineries that currently run Canadian barrels. Pundits described a US military raid inside Venezuela to capture President Nicolás Maduro as an oil-driven intervention, arguing the US is no longer pretending it […]
Does Venezuela Really Have 300 Billion Barrels of Oil?
Venezuela sits atop an estimated 303 billion barrels of crude oil, according to OPEC data, making it the world’s largest holder of proven reserves. But energy analysts say only a fraction of that oil can be profitably extracted under current market conditions. Rystad Energy, a Norwegian energy research firm, estimates Venezuela’s economically recoverable oil at […]