First Quantum Slides To A Net Loss In Q3 2025 Despite Revenue Uptick
First Quantum Minerals (TSX: FM) reported a Q3 2025 net loss of $78 million, swinging from a $53 million profit despite revenue rising to $1.35 billion from $1.28 billion in Q3 2024. Results point to cost pressure despite stronger realized prices. Gross profit fell 21% year over year to $360 million as gross margin compressed […]
Tether Deepens Gold Bet With Gold Royalty Purchase
Tether acquired an 8.1% position in Gold Royalty (NYSE: GROY), reporting beneficial ownership of 13.8 million common shares. The filing lists Tether Holdings and Tether Investments as reporting persons and pegs the stake at 8.1% against 170.7 million shares outstanding. Gold Royalty describes its portfolio as more than 250 royalties and streams across the Americas, […]
Liberal Leader: “We Don’t Have The Votes” For Upcoming Budget
Liberal House leader Steven MacKinnon admits the party doesn’t have enough votes to pass the November 4 federal budget, confirming a minority-math shortfall and pressing opposition parties to decide whether they want to force an election. “As we speak right now, we don’t have the votes,” MacKinnon said in an interview. MacKinnon acknowledged the government’s […]
Ottawa Labels Pipeline ‘Hypothetical’ As Clock Ticks
Canada seems to be signaling that it is not serious about getting resources to tidewater when Energy Minister Tim Hodgson called a new West Coast bitumen pipeline “overfocusing on what right now is hypothetical.” Hodgson said “Canada can build many things,” but whether there is a business case for a new bitumen line is “up […]
Cameco, Brookfield Partner With US Government For $80B Nuclear Reactor Push
The program standardizes on Westinghouse AP1000 units, with six reactors operating worldwide, 14 under construction, and five under contract. Cameco said the collaboration strengthens its Brookfield partnership as Westinghouse owners and supports global growth in its nuclear products, services and technologies. The company positioned itself as a secure western supplier of uranium fuel to support […]
Is Canada About To Drop China Tariffs On EVs?
Canada is reportedly considering dropping its 100% surtax on Chinese electric vehicles after reporting that Ottawa is exploring a swap for China removing tariffs on Canadian farm goods, a potential break from the US approach. The 100% surtax on Chinese-made EVs has been in place since October 1, 2024, covering electric passenger cars, trucks, buses […]
Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine
Steadright Critical Minerals (CSE: SCM) is pushing forward with exploration at the historic Goundafa Mine, a copper-lead-zinc-silver-gold mine which the company recently entered into an MOU to acquire.
Scottie Resources Outlines $216 Million NPV For Flagship Project Under Direct Ship Ore Model At $2,600 Gold
Scottie Resources (TSXV: SCOT) has completed a preliminary economic assessment for their flagship Scottie Gold Mine project in British Columbia. The study is based on a direct ship ore development scenario, which removes the need for significant on-site processing. The study has outlined a base case net present value of $215.8 million using a 5% […]
Kiwetinohk Energy To Be Acquired For 10% Premium By Cygnet Energy
Kiwetinohk Energy (TSX: KEC) is set to go private as the latest major transaction within the Canadian oil and gas sector. The company this morning indicated that it has entered into an arrangement with private operator Cygnet Energy to be acquired under an all-cash arrangement. Cygnet is set to acquire the company for cash consideration […]
US Adds $1.8B For Critical Minerals, Grants Two-Year Smelter Relief
The US strengthened its critical mineral strategy this week as the International Development Finance Corporation joined an Orion Resource Partners-led consortium now sized at $1.8 billion. The White House also issued a two-year exemption from new EPA copper-smelting standards for Freeport-McMoRan’s Miami facility. DFC said its commitment, matched by funds managed by Orion and by […]