Northern Superior To Be Acquired By IAMGOLD For $375 Million As Part Of Larger Consolidation Move
IAMGOLD (TSX: IAG) is making major moves this morning to consolidate an entire mining district. The company has announced the acquisition of both Northern Superior Resources (TSXV: SUP) and Mines D’Or Orbec (TSXV: BLUE) as part of an effort to secure the entire Chibougamau region of Quebec.
Teck Returns To Profit In Q3 2025 Sans Asset Impairment
Teck Resources (TSX: TECK.B) reported its Q3 2025 financials, posting quarterly revenue of $3.39 billion, up 18% year over year from last year’s $2.86 billion. Copper sales were 110.3 thousand tonnes, similar to last year. Driven by higher prices that averaged US$4.44 per pound and lower smelter charges, Highland Valley contribution rose to $189 million […]
Wesdome Gold Posts Q3 Production Of 50,465 Ounces
Wesdome Gold Mines (TSX: WDO) has released their operating results for the third quarter of 2025, headlined by record gold production of 50,465 ounces of gold, which represents a 12% increase on a year over year basis, and a larger 17% bump quarter over quarter. Q3 production improved from 45,109 ounces in the year ago […]
Hercules Hits 0.50% Copper Over 379 Metres In Latest Assays
Hercules Metals (TSXV: BIG) has encountered further copper mineralization at their flagship Hercules property in Idaho. The company this morning released further assay results from their 2025 drill program, which focused on the Leviathan porphyry copper discovery. Highlights from the latest assay results include: Holes HER-25-03 and HER-25-05 are said to have intersected the Hanging […]
French Authorities Launch Criminal Investigation Into Binance Over Money Laundering Allegations
French prosecutors have opened a judicial investigation into Binance, the world’s largest cryptocurrency exchange, examining allegations of money laundering, tax fraud, and drug trafficking over a five-year period, Reuters reported. The National Jurisdiction for Combating Organized Crime (JUNALCO) announced Tuesday it has assigned an investigating magistrate to lead the probe, which examines alleged offenses from […]
US, Australia Ink Critical Minerals Pact, Unveil $8.5B Pipeline
President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement at the White House, with Albanese calling it an $8.5 billion “pipeline that we have ready to go.” Trump said the accord had been negotiated over “four or five months,” adding that “in about a year from now, we’ll have so […]
British Columbia Caps Power for AI Data Centers, Bans Crypto Mining
British Columbia is imposing strict limits on electricity access for artificial intelligence companies and data centers, marking a sharp departure from the province’s previous open-access policy. Energy Minister Adrian Dix tabled legislation Monday that would cap power availability for AI operations at 300 megawatts every two years, with an additional 100 megawatts reserved for data […]
Canada Faces Pressure to Cut Senior Benefits Ahead of Budget
A Canadian advocacy group is urging Prime Minister Mark Carney’s government to slash spending on Old Age Security, the country’s largest federal program, as Ottawa prepares to table its first budget under the new Liberal administration. Generation Squeeze, a generational fairness organization, told reporters in Ottawa that the $80 billion Old Age Security program has […]
Panama Sets Ownership Terms for Cobre Mine Negotiations
Panama will require explicit recognition of state ownership over land and mineral resources in any agreement to reopen the shuttered Cobre Panama copper mine, Finance Minister Felipe Chapman told Bloomberg Friday. Speaking on the sidelines of the International Monetary Fund and World Bank annual meetings in Washington, Chapman emphasized the importance of clearly establishing that […]
Musk Threatens to Leave Tesla Over Pay Package Vote
Tesla (Nasdaq: TSLA) CEO Elon Musk has threatened to resign if shareholders reject his compensation package at next month’s vote. He indicated on X that he would not continue as Tesla’s chief executive if the board’s proposed pay package fails to pass at the November 6 shareholder meeting. The controversial package could grant Musk stock […]