Tariffs Are Coming For Critical Minerals In US
US President Joe Biden recently unveiled a series of measures directed for an increase in tariffs on $18 billion worth of imports from China. This directive, made under Section 301 of the Trade Act of 1974, is aimed “to protect American workers and businesses” from the adverse effects of “China’s unfair trade practices,” including technology […]
Golden Cariboo Mobilizes Field Crew For Surface Mapping And Prospecting
Golden Cariboo Resources (CSE: GCC) is expanding its ongoing exploration program at the Quesnelle Gold Quartz Mine property. The firm this morning disclosed that a field team has been mobilized to the property.
Elevation Gold Posts AISC Of $2,437 Per Gold Ounce In Q1
Elevation Gold (TSXV: ELVT) continues to lose money while mining gold. The company after the bell last night reported its first quarter financial results, posting a loss of $4.2 million for the three month period. “As previously communicated, production during the quarter was impacted by continuing crushing plant throughput issues. For the second quarter, we […]
Intrepid Metals Hits 0.56% Copper Over 198 Metres
Intrepid Metals (TSXV: INTR) is reporting again long intervals of copper mineralization within its initial drill program at the Corral Copper property in Arizona. The results come from a planned 5,000 metre drill program. Assay results for a total of five holes were released this morning, which targeted the Ringo Zone along the southern margin […]
Roaring Kitty Makes a Comeback — But Did He Really?
Keith Gill, known as Roaring Kitty, made a surprise return to social media on Monday, causing a frenzy in the stock market. Gill, who played a significant role in the 2021 meme stock phenomenon, posted an image on X (formerly Twitter) depicting a gamer about to get serious as he sits in a red chair […]
Is No One Buying Condos in Toronto Anymore? Q1 Sales Down, Developers Get Desperate
Toronto condo developers are bracing themselves for a downturn as sales dropped year-over-over for the first quarter of 2024. The market may finally be shifting towards buyers, who now have a wider selection of available homes to choose from. According to the Toronto Regional Real Estate Board (TRREB), condo apartment sales saw a modest 5.3% […]
Orbán Welcomes Xi: Chinese Police to Be Deployed in Hungary
Hungarian Prime Minister Viktor Orbán met with Chinese President Xi Jinping on Thursday in Budapest to discuss deepening economic and cultural ties between the two nations. The visit, which concluded Xi’s five-day European tour, resulted in the signing of 18 agreements focused on joint infrastructure projects and cooperation in various sectors. One notable aspect of […]
Marc Miller Announces Plan to Reduce Temporary Residents… By Making Them Permanent
Immigration Minister Marc Miller on Friday discussed a plan to limit the number of new temporary residents in Canada with provincial and territorial counterparts. The target is to reduce the proportion of temporary residents from 6.2% of the country’s population in 2023 to 5% over the next three years. Their solution: transition temporary visa holders […]
Gold Buying by Central Banks Goes Underreported, Driving Surge in Prices
In recent weeks, the world has witnessed a spike in the price of gold, catapulting the yellow metal to an all-time high. While much attention has been given to China’s voracious appetite for gold, there’s a significant factor flying under the radar: the substantial buying spree by central banks, largely unreported but undeniably impactful. The […]
Is Elon Musk Using Tesla Data to Help Sell xAI?
After previously claiming that the AI startup, xAI, is not raising funds, Elon Musk’s newest venture is reportedly set to reach an $18 billion valuation upon the closure of its current funding round. According to Bloomberg, which cited unnamed sources, the round could close soon, with xAI expected to raise $6 billion. Sequoia Capital is […]