Archives

UK Military Uncovers Russian Underwater Surveillance Network Targeting Critical Infrastructure

British naval forces have discovered an extensive network of Russian surveillance devices in waters surrounding the United Kingdom, according to an investigation by The Sunday Times that reveals a hidden underwater conflict threatening national security. The Royal Navy has found sensors believed to have been placed by Moscow to track Britain’s nuclear submarines, including the […]

Markets In Turmoil Fueled By Tariff-Induced Crashes

US markets appear locked in a downward spiral on Monday, marking a third consecutive trading day of steep losses fueled by President Donald Trump’s surprise implementation of high tariffs on key trading partners. The Dow Jones Industrial Average shed over 1,000 points in early trading, while the S&P 500 slumped more than 2%, briefly plunging […]

Jaguar Land Rover Halts US Shipments Following Trump’s 25% Auto Tariff

Jaguar Land Rover has suspended all vehicle shipments to the United States for the month of April in response to President Donald Trump’s recently imposed 25% tariff on imported cars, the company confirmed on Saturday. The British luxury automaker, owned by India’s Tata Motors, described the move as a “short-term action” while it develops medium […]

Trump Gives TikTok 75-Day Extension After Tariffs Derail Deal

US President Donald Trump has extended the deadline for TikTok’s Chinese owner ByteDance to divest its US operations by 75 days, following complications arising from newly imposed tariffs on China. The extension, announced Friday, gives ByteDance until mid-June to find a non-Chinese buyer for the popular video-sharing platform, which counts approximately 170 million American users. […]

Tariff Negotiations Are Reportedly Underway… But Are They?

The White House is reportedly holding negotiations across the globe as countries like Vietnam and Taiwan signal renewed interest in lowering tariffs, while the European Union prepares retaliatory measures. On Friday, President Donald Trump stated he had “a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me […]

Strategy To Take $5.9 Billion Loss On Bitcoin Holdings In Q1

Michael Saylor’s Strategy (NASDAQ: MSTR) is beginning to feel the pinch of falling bitcoin prices. The company in a Form 8-K filed this morning indicated that it will be taking a large loss in the first quarter as a result of the adoption of certain accounting standards as of January 1. The loss relates to […]

Kinross Gold To Take 9.9% Stake In Eminent Gold

Kinross Gold (TSX: K) is set to take a 9.9% interest in a small Nevada-focused gold explorer. The arrangement will see the company participate in a financing being conducted by Eminent Gold (TSXV: EMNT), with Kinross to serve as the lead order. The arrangement is part of a larger financing, wherein Eminent intends to raise […]

Wesdome Gold To Acquire Angus Gold For 59% Premium In Cash And Stock

Further consolidation is set to take place in the gold sector, with Wesdome Gold (TSX: WDO) this morning announcing it has reached a definitive agreement to acquire Angus Gold (TSXV: GUS). The transaction will see Angus Gold shareholders receive a 59% premium to the 20-day volume weighted average price of its shares. The premium equates […]

New Gold Spends $300 Million To Consolidate New Afton Mine Ownership

New Gold (TSX: NGD) is spending big money in an effort to consolidate its ownership of the New Afton Mine, found in British Columbia. The company has reached an agreement with the Ontario Teachers’ Pension Plan to acquire their 19.9% interest in the mine, which will bring New Gold’s ownership to the 100% level. The […]

enCore Energy Boosts Alta Mesa Production Rate To 1,900 Lbs Per Day In March

enCore Energy (TSXV: EU) is reporting this morning that it has increased production rates at its Alta Mesa ISR uranium central processing plant. The facility reportedly saw record production figures over a 26 day period in March, with the company currently expecting to continue this rate of production. Production over the final 26 days of […]