Stellantis Draws Backlash For Prioritizing US Investment Despite $15B Canadian Subsidy
Stellantis drew cross-party backlash after officials said the automaker is prioritizing US investment despite prior Canadian federal support for an EV battery project, raising new questions about job security in Ontario and the timing of a Brampton restart. Conservative MP Raquel Dancho said the federal deal gave Stellantis “up to $15 billion for EV battery […]
BHP Considers Reopening US Copper Mines After Trump Meeting
BHP Group is weighing the reopening of four defunct copper mines in Arizona and reprocessing their tailings after an Oval Office meeting, with CEO Mike Henry saying a “breathtaking” shift in US policy under President Donald Trump has made domestic projects more attractive and faster to permit. The review, centered on the Globe-Miami region, adds […]
Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita
Altamira Gold (TSXV: ALTA) this morning released assay results from the first deep drill hole conducted below the porphyry gold mineral resource at Maria Bonita. Drilling has continued to intersect long intervals of gold mineralization.
Allied Gold Reports Prelim Q3 AISC Margins Of $1,350 An Ounce
Allied Gold (TSX: AAUC) this morning reported preliminary results for the third quarter, headlined by Q3 production of 87,020 ounces of gold, with production falling slightly on a quarter over quarter basis from 91,017 ounces in the second quarter. Sales volumes meanwhile are said to be in excess of 92,000 ounces of gold in the […]
Silver47 Hits 640 g/t Silver Equivalent Over 6.9 Metres At Red Mountain
Silver47 Exploration (TSXV: AGA) this morning released exploration results from across their portfolio, headlined with drill results from their flagship Red Mountain property in Alaska. The assay results represent the first batch of results released by the company from the 2025 exploration campaign.
Aya Gold Reports Q3 Production Of 1.35 Million Ounces Of Silver
Aya Gold & Silver (TSX: AYA) is reporting this morning that the third quarter saw record quarterly production, with silver production of 1.35 million ounces. The figure represents a 29% improvement over the second quarter. That new record follows an average of 3,326 tonnes per day of ore processing, which is 23% above nameplate capacity. […]
Bank of Canada Calls for More Competition in Financial Sector
A top Bank of Canada official last week called for increased competition in the country’s banking sector, arguing it would boost productivity and benefit consumers rather than imposing additional regulations. Senior Deputy Governor Carolyn Rogers delivered the remarks at the Canadian Club in Toronto, explicitly describing Canada’s financial sector as an oligopoly dominated by the […]
Canadian Pension Fund Warns of Risk to US Treasury Safe-Haven Status
US Treasuries risk losing their safe-haven status as fiscal pressures mount, threatening higher borrowing costs across global markets, a top official at Canada’s $732 billion pension fund warns. Manroop Jhooty, head of total fund management at Canada Pension Plan Investment Board, said the Treasury market risks losing its diversification benefits as bonds increasingly behave like […]
BHP Adopts Renminbi To Settle China Spot Iron Ore Sales
BHP Group will begin settling 30% of its spot iron-ore sales to China in renminbi from Q4 2025, a quiet but consequential currency shift. The commercial significance is clear in iron-ore market structure. Fifteen years ago, then-CEO Marius Kloppers moved the trade off the annual benchmark and onto spot index pricing, which effectively anchored settlements […]
Pentagon Press Rules Rejected By News Outlets As Access Is Threatened
At least 18 news outlets including The Washington Post, The New York Times, The Wall Street Journal, The Associated Press, Reuters, CNN, NPR, The Guardian, The Financial Times, The Hill, and Politico said they would not sign the Defense Department’s new press policy by the set deadline, triggering a 24-hour clock to turn in badges […]