Canada Says Gordie Howe Bridge Opens This Week. The White House Disagrees.

After months of uncertainty that turned a half-built river crossing into a flashpoint between Ottawa and Washington, Prime Minister Mark Carney told reporters Tuesday that the Gordie Howe International Bridge is finally set to open before the week is out. Despite the comments, it is unclear when the first vehicles will actually cross. The span […]

Oil Futures Slide Nearly 4% as Hormuz Tanker Traffic Shows Signs of Recovery

Oil prices shed nearly 4% on Tuesday after U.S. Energy Secretary Chris Wright told CNBC the flow of tankers through the Strait of Hormuz is “rising very meaningfully”, the first senior U.S. official to publicly signal an easing of what analysts have called the biggest oil supply disruption in history. WTI crude fell as much […]

Mont Royal’s Updated Ashram PEA Pegs Rare Earths Project at $2 Billion NPV

Mont Royal Resources (TSXV: MRZL) has put fresh numbers behind its Ashram rare earths and fluorspar project, and the updated preliminary economic assessment paints a picture of scale and longevity that the company is quick to attach to the broader push for non-Chinese supply. The study pegs the project’s after tax net present value at […]

West Red Lake Grows Rowan Resource To 514k Ounces

West Red Lake Gold Mines (TSXV: WRLG) has expanded the resource at its Rowan project and tabled a first estimate for the nearby Mount Jamie deposit, adding to the pipeline of high grade satellite ounces it hopes will feed its recently commissioned Madsen mill. The updated resource estimate for Rowan drew on a focused 37 […]