TRU Precious Metals Enters $15.2 Million Option Agreement With Eldorado Gold For Golden Rose Project
TRU Precious Metals (TSXV: TRU) has secured a significant partner for its Golden Rose project, which is found in the Cape Ray-Valentine Lake Shear Zone of Central Newfoundland. The company has entered into a transaction whereby Eldorado Gold (TSX: ELD) can acquire up to an 80% ownership stake for total consideration of $15.25 million. Consideration […]
Thousands Protest Against Rio Tinto Lithium Mine in Serbia
Protesters in Sabac, located about 50 kilometers northeast of the proposed mine site, demanded the cancellation of the project.
Filo Corp Bought Out For $4.5 Billion By Lundin Mining, BHP
In a continuance of M&A transactions today, it has been revealed that Filo Corp (TSX: FIL) is set to be acquired by BHP and Lundin Mining (TSX: LUN). The transaction will see the two mining majors acquire all the stock of Filo, before forming a joint venture that will bring together Filo’s Filo del Sol […]
Christa Deguchi Clinches Canada’s First Olympic Gold in Judo
Christa Deguchi has made history by winning Canada’s first-ever Olympic gold medal in judo, triumphing in the women’s 57kg category at the 2024 Paris Olympics. Deguchi’s victory came after an intense match against South Korea’s Huh Mi-mi at the Arena Champ-de-Mars on Monday, solidifying her status as one of Canada’s premier athletes. Deguchi, originally from […]
Indonesia’s Plan to Qualify for Biden’s EV Tax Breaks: Cut China From Nickel Market
Indonesia is taking strategic steps to lessen Chinese investment in its nickel mining and processing projects to qualify for U.S. tax breaks under the Biden administration’s Inflation Reduction Act (IRA). The act, which will provide generous tax incentives starting in 2025, excludes EVs with batteries containing critical minerals like nickel from “foreign entities of concern,” […]
Teck Resources: The Hot Commodity in Mining M&A Discussions
The future of Teck Resources could signal a new era of consolidation and strategic repositioning within the global mining industry.
Canadian Dissatisfaction with Federal Spending and Taxation Grows
A vast majority believe they pay too much in taxes for the services they receive.
X Sees Over 50% Drop in US Revenue
It’s been almost two years since Elon Musk bought X, formerly Twitter, for $44 billion — and so much has happened since — but X appears ever farther from profitability. Recent internal documents obtained by The New York Times reveal that in the second quarter of 2024, X’s US revenue dropped to $114 million, marking […]
Eby Raises Alarm On ‘Completely Overwhelming’ Population Growth
According to Eby, British Columbia is experiencing “unprecedented population inflows,” with over 10,000 new arrivals each month.
GTA Real Estate Crisis: 30% of New Condos Are Cash Flow Negative As Calls For Bailouts Begin
New data reveals significant financial distress in the Greater Toronto Area (GTA) condo market as Canada grapples with an escalating real estate crisis. Recent reports from Urbanation, Teranet, and CIBC paint a grim picture of the current state of the market, highlighting the potential for widespread economic repercussions if corrective measures are not taken swiftly. […]