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Snowline Gold Hits 1.08 g/t Gold Over 386.0 Metres At Valley

Further assay results have been released by Snowline Gold (TSXV: SGD) from drilling conducted earlier this year at the Valley deposit, which is part of the Rogue property in the Yukon. The latest results are said to continue to delineate consistent mineralization on the northwestern portion of the deposit, well beyond the limit of the […]

Omai Gold Hits 3.16 g/t Gold Over 68.7 Metres In Guyana

Omai Gold Mines (TSXV: OMG) has intersected wide widths of gold at its Omai gold project, found in Guyana. The company this morning released assay results from three drill holes conducted at the property. Highlights from the results include: The latest drill results come from the Dike Corridor, which is one of five main subparallel […]

NexGen Contracts Out First 5 Million Pounds Of Uranium From Rook I

NexGen Energy (TSX: NXE) has entered into its first sales contracts for uranium that is set to be produced at its Rook I project in the Athabasca Basin of Saskatchewan. The first deliveries, under the current contracts, are set to occur in 2029. A total of five million pounds of U3O8 has been contracted out […]

Tesla Halts Cybertruck Production Line for Three Days

Tesla Inc (Nasdaq: TSLA) has temporarily suspended Cybertruck production at its Austin factory from December 3 to 5, directing workers to stay home while continuing to receive their regular pay, according to an internal memo viewed by Business Insider. Production workers were informed they would receive eight hours of compensation for each scheduled workday during […]

Super Micro Computer Passes Investigation by One-Person Special Committee

Super Micro Computer Inc (Nasdaq: SMCI) shares rose Monday after a special committee investigation dismissed its former auditor’s concerns, though questions emerge about the review’s independence. “Special Committee, supported by outside counsel Cooley LLP and forensic accounting firm Secretariat Advisors, LLC, finds no evidence of misconduct on the part of management or the Board of […]

Toronto’s Development Charges Are Skyrocketing, Slowing Housing Construction

Development charges in Ontario municipalities have surged nearly 400% over the past decade, hampering new housing construction and affordability in Canada’s most populous province, according to industry data. In Toronto, charges for semi-detached houses have reached $140,000 per unit, while charges for two-bedroom condos have increased to $80,690. The high charges are deterring new construction […]

Tesla Ordered to Scrap Musk’s $55 Billion-Dollar Pay Package

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk’s $55 billion pay package—the largest ever awarded to a corporate executive—has been struck down for the second time by the Delaware Chancery Court. In a decisive ruling on Monday, Chancellor Kathaleen St. J. McCormick reaffirmed her earlier judgment that Musk’s undue influence over Tesla’s board of directors rendered […]

Fraud to Fashion: Enron Is Selling Hoodies In A “Comeback” Nobody Asked For

Enron, the name that once epitomized corporate greed and fraudulent excess, has resurfaced—this time as an elaborate parody. The infamous energy giant that collapsed in 2001 after one of the largest accounting scandals in U.S. history has reappeared, sporting a sleek website, social media presence, and even a countdown clock promising something “very special.” But […]

Trump Suggests Canada Join US During Mar-a-Lago Meeting with Trudeau

During a Mar-a-Lago dinner Friday, President-elect Donald Trump, 78, discussed trade and border security with Canadian Prime Minister Justin Trudeau, 52, while proposing an unconventional solution to bilateral tensions. Trudeau pleaded against Trump’s threatened 25% tariff on Canadian imports, reportedly prompting the president-elect to joke about how Canada could resolve disputes by joining the United […]

Audit Flags $3.5B in Bad Loans, Weak Oversight in Canada’s COVID Business Aid

A pandemic loan program that distributed $49.1 billion to Canadian small businesses suffered from poor governance and unclear accountability, Canada’s Auditor General said Monday, while government officials defended the program as a crucial emergency measure. The audit found no federal organization accepted full responsibility for overseeing the Canada Emergency Business Account (CEBA) program, launched in […]