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Global Atomic Expects US$295 Million Development Bank Loan Approval In Q1 2025

Global Atomic Corp (TSX: GLO) is expecting to be approved for a project financing loan from the US development bank early next year. The company indicated this morning that it has continued to have positive discussions with the bank for the funding of the development of the Dasa uranium project in Niger. The debt facility, […]

DOE Approves $2.26 Billion Loan for Lithium Americas’ Nevada Mine

Lithium Americas (TSE: LAC) has secured a $2.26 billion federal loan to build what’s set to become the nation’s premier lithium production facility. The Department of Energy’s commitment will help the Vancouver-based company transform a remote stretch of Nevada landscape into a powerhouse of battery metal production. The Thacker Pass facility in Humboldt County has […]

Oil Markets Signal Relief After Contained Middle East Action

International crude markets experienced a dramatic downturn Monday as investors responded to Israel’s limited military action against Iran over the weekend. The carefully targeted strikes, which steered clear of Iran’s energy and nuclear installations, triggered a significant sell-off in global oil markets. Trading data showed both major oil benchmarks retreating to levels not seen since […]

Gold Exploration to Production: 24-Month Roadmap | 1911 Gold with Sean Heinrich

In this interview at the Commodities Global Expo 2024, Sean Heinrich, President and CEO of 1911 Gold Corporation (TSXV: AUMB) (FRA: 2KY), outlines the company’s plans for their Rice Lake property in Manitoba. Heinrich highlights the company’s key assets and plans, including a 1,300-tonne per day mill, which suggests existing infrastructure could dramatically reduce development […]

Georgia’s President Rejects Election Results, Claims Russian Interference

Georgian President Salome Zourabichvili has refused to recognize the October 26 parliamentary elections, declaring them a “new form of hybrid warfare” orchestrated by Russia against Georgia’s European aspirations. Leaders stood shoulder to shoulder at the presidential palace as Zourabichvili called for public protests against what she termed a “complete falsification.” Despite recording the highest voter turnout […]

Power Nickel Hits 4.19% Copper Equivalent Over 39.6 Metres

Power Nickel (TSXV: PNPN) has continued to hit high grade results at its Lion Zone discovery. The firm this morning reported the highest grade drill results yet at the discovery from its summer 2024 drill program.

Renewable Energy Overload Forces Germany to Pull The Plug On Solar Funding

Germany is set to curtail the eligibility for solar energy subsidies as the country grapples with an oversupply of renewable power, a move that highlights the challenges in managing the costs of its energy transition. According to a draft law from the economy ministry, some solar power producers will be excluded from state subsidies as […]

Volkswagen’s Factory Shutdowns & Layoffs Signal Trouble Ahead for Germany’s Economy

Volkswagen has announced plans to shut down at least three of its factories in Germany and lay off tens of thousands of employees as part of a significant overhaul aimed at addressing escalating production costs and dwindling demand. The decision to restructure comes at a time when the automotive industry in Europe is facing widespread […]

Ontario Airbnb Hosts Could Owe Thousands in Taxes After New Court Ruling

Airbnb (NASDAQ: ABNB) hosts in Ontario were hit with a tax bombshell recently, as a ruling from the Tax Court of Canada established that property owners who consistently rent out their homes on short-term platforms like Airbnb could face hefty tax liabilities when selling their property. In a ruling that could have widespread repercussions for […]

AT&T Announces $1 Billion Agreement with Corning

AT&T Inc. (NYSE: T) has announced a significant $1-billion multi-year purchase agreement with Corning Incorporated (NYSE: GLW), aimed at enhancing its fiber optic network and expanding high-speed internet access across the United States. The deal, revealed on Monday, will provide AT&T with fiber, cable, and connectivity solutions from Corning, allowing the telecom giant to bolster […]