DEEP DIVE: Documents Reveal Green Party Manipulated Germany To Push Nuclear Phase-Out

In a startling revelation, documents from the Ministry for Economic Affairs and Climate Action, acquired by German media outlet Cicero, have uncovered clandestine manipulation behind the decision to phase-out the operation of German nuclear power plants in 2022. The files shed light on how influential figures within the Green Party orchestrated the outcome, with even […]

Canada To Spend $5 Billion Supporting Honda’s Investment In EV Manufacturing

In a landmark move for Canada’s automotive industry, Honda has announced a substantial $15 billion investment into its Ontario operations, including the establishment of a new electric vehicle manufacturing plant in Alliston, Ontario. This initiative, supported by a combined $5 billion contribution from the federal and Ontario governments, marks the largest auto investment in Canada’s […]

Cobalt Prices Under Pressure from Surging Chinese Output

The cobalt market is facing oversupply issues that could further depress prices through the second quarter of 2024 and beyond. Rising Chinese cobalt metal production and muted demand are the primary culprits behind the oversupply situation.  China is expected to bring an additional 9,000 metric tons of new cobalt metal capacity online in the second […]

Rental Relief in Toronto as Rates Decline for Third Consecutive Month

Toronto renters are finally catching a break as rental prices in the city have decreased for the third straight month, according to the latest report from Rentals.ca and Urbanation. The average asking rent for an apartment in Toronto dipped 0.7% month-over-month in April to $2,782. This downward trend began in October 2023, marking the first […]

Canada Grants Airbus Waiver to Use Russian Titanium Despite Sanctions

The Canadian government has granted European aerospace giant Airbus (EPA: AIR) a temporary waiver to continue using Russian titanium in its manufacturing operations, despite recently imposing sanctions on the key Russian titanium producer VSMPO-AVISMA Corporation. The waiver comes after Canada became the first Western nation to ban the import of Russian titanium as part of […]

Snowline Gold Pays $6.6 Million In Cash And Shares To Consolidate Einarson Ownership

Snowline Gold (TSXV: SGD) has consolidated its Einarson project in British Columbia, following the acquisition of a privately held 30% stake in the project. The company has acquired a 30% interest in 3,003 mineral claims, which total 61,000 hectares. As part of the purchase, the company has also acquired ownership over the Venus target, which […]

Russian Court Orders Seizure of JP Morgan’s Assets

A court in St. Petersburg has ordered the seizure of the Russian assets of JPMorgan Chase & Co. (NYSE: JPM), worth around $440 million, in relation to a lawsuit filed by VTB Bank, Russia’s second-largest lender.  The legal dispute stems from VTB’s funds totaling $439.5 million, which were held in a JPMorgan account in the […]

Production Surge Puts BHP on Track to Become World’s Top Copper Miner

The copper industry is set for a shakeup as BHP Group (ASX: BHP) is projected to surpass Codelco as the world’s largest copper producer in 2024, according to estimates from Bloomberg Intelligence.  Analyst Grant Sporre anticipates that BHP’s massive Escondida mine in Chile will drive increased production, allowing the Australian company to edge past the […]