Uranium Energy Corp Begins Production At Christensen Ranch ISR Facility
Uranium Energy Corp (NYSE: UEC) can now officially be classified as a uranium producer, announcing this morning that it has successfully restarted production at the past-producing Christensen Ranch in-site recovery facility in Wyoming. Production is said to have quietly begun last week on August 6 at Mine Unit 10 at the complex, with initial production […]
Surprise, Surprise: Technical Glitches Mar Elon Musk’s Interview with Donald Trump on X
Elon Musk’s highly anticipated interview with Republican presidential nominee Donald Trump on X was plagued by significant technical issues, reminiscent of a similar event with Florida Governor Ron DeSantis earlier in the 2024 election cycle. The interview, scheduled for 8 p.m. on X’s audio-only livestream platform, was delayed by approximately 45 minutes due to widespread […]
Chinese Mining Firm Challenges Canadian Security Review of Peruvian Gold Mine Acquisition
Jinteng Mining, a subsidiary of Chinese state-owned Zijin Mining Group has filed for judicial review against Canada’s decision to potentially conduct a national security review of its purchase of a Peruvian gold mine. In May 2023, Jinteng Mining agreed to buy Pan American Silver Corp‘s (NYSE: PAAS) La Arena gold mine in Peru for $245 […]
Harland and Wolff Scrambles for Financing After Loan Guarantee Rejection
Harland and Wolff, the renowned shipbuilder, announced that it would not get a crucial £200 million government loan guarantee. The company, which had considered this guarantee vital for its financial stability, is now in discussions with its existing lender to secure new financing within days. John Wood, the shipbuilder’s chief executive has taken an immediate […]
California Weighs Sweeping Rent Control Changes with Proposition 33
This November, California voters will face a crucial decision on Proposition 33, a measure that aims to repeal the Costa-Hawkins Rental Housing Act and significantly expand rent control across the state. The proposition has sparked intense debate among policymakers, housing advocates, and landlords. If passed, Prop. 33 would allow cities to implement rent control on […]
Bell Canada Made $64 Million from Ontario Jail Calls, Lawsuit Reveals
Remember when the Ontario government and Bell Canada (TSE: BCE) refused to say how much they earned from inmate calls in Ontario jails between 2013 and 2021? The telco giant was recently forced to disclose that the number is a whopping $64 million in gross revenues, with nearly $39 million paid to the province as […]
Venezuela, Russia Block Encrypted Messaging App Signal
Venezuela and Russia appear to be ramping up their digital censorship efforts. In Venezuela, following disputed presidential election results last month, the encrypted messaging app Signal has become inaccessible on multiple internet providers. This blockage coincides with ongoing protests and arrests as President Nicolás Maduro maintains his grip on power despite the US recognizing opposition […]
Rio Tinto’s Not Having A Great Time In Serbia: Capital Erupts in Protest Over Controversial Lithium Mine
Tens of thousands of protesters flooded the streets of Belgrade, Serbia’s capital, on Saturday to voice their opposition to Rio Tinto‘s (ASX: RIO) proposed lithium mining project in Western Serbia. The demonstration, which began in July and saw participants chanting slogans like “You will not dig” and “Rio Tinto leave Serbia,” was sparked by the […]
Fired RBC Executives Deny Romantic Involvement, Seek C$70 Million in Damages
Former Royal Bank of Canada Chief Financial Officer Nadine Ahn has filed a lawsuit against the bank for wrongful dismissal, seeking nearly C$50 million in pay and damages. Ahn was terminated in April for allegedly violating the bank’s code of conduct due to an undisclosed personal relationship with a co-worker, which the bank claimed led […]
Zambia Shuts Key Copper Trade Route with Congo Amid Growing Crisis
Zambia, Africa’s second-largest copper producer, has taken a dramatic step by closing its borders with the Democratic Republic of Congo (DRC). This move, announced over the weekend, threatens to disrupt one of the continent’s most crucial copper trade routes and could have significant repercussions for global copper supplies. The decision to seal the border was […]