Exxon Warns Exit Without Softer EU Due Diligence Directive
ExxonMobil warned that it may be unable to continue operating in the European Union unless Brussels loosens its Corporate Sustainability Due Diligence Directive, which is described by opponents as carrying potential penalties of up to 5% of global revenue. The directive entered into force on July 25, 2024 and requires large companies to identify and […]
Silver Exports Face Stricter China State Trading
China’s Ministry of Commerce confirmed that tungsten, antimony, and silver exports will again be handled through a state-trading regime in 2026–2027, meaning only firms that meet MOFCOM’s thresholds and make the approved list may ship abroad. The announcement lays out requirements for producers and traders to qualify as state-trading exporters. For tungsten, new applicants must […]
Is The Trump Admin Planning Covert Cartel Strikes In Mexico?
The Trump administration has allegedly begun detailed planning and early training to send US troops and intelligence officers into Mexico to strike drug labs and cartel leaders, according to two current US officials and two former senior US officials. The officials said the contemplated mission would place many of the US forces under Title 50 […]
Franco-Nevada Posts Record Revenue In Q3 2025, Tightens GEO Sales Guidance
Franco-Nevada (TSX: FNV) reported record Q3 2025 revenue of $487.7 million, up 77% year over year from $275.7 million. Costs of sales rose 56% to $134.2 million, including depletion and depreciation of $87.0 million versus $54.2 million a year ago. Gross profit then expanded 86% to $353.5 million from $189.6 million. Operating income also jumped […]
Glencore Reportedly Closing Canada Copper Hub — Sources
Glencore is preparing to close Canada’s largest copper metal operation in Quebec, the Horne smelter and Canadian Copper Refinery, over environmental compliance costs and required upgrades potentially exceeding US$200 million, according to two people with knowledge of the plan. The operations in Rouyn-Noranda and Montreal employ more than 1,000 workers, process over 300,000 metric tons […]
Shopify Q3 2025: Revenue Climbs But Net Income Drops
Shopify (TSX: SHOP) reported Q3 2025 revenue of $2.84 billion, up 32% year over year from $2.16 billion, with the growth led by merchant solutions but margins are still mixed. Merchant solutions revenue grew 38% to $2.15 billion from $1.55 billion while subscription solutions revenue rose 15% to $699 million from $610 million. Cost of […]
Denison Mines Denies Claims Made By Saskatchewan First Nation
Denison Mines (TSX: DML) this morning officially acknowledged an application for judicial review filed by the Peter Ballantyne Cree Nation against both the company and the Government of Saskatchewan this morning. The application, which was filed with Court of King’s Bench for Saskatchewan, is seeking for the courts to set aside the provincial approval granted […]
Antimony Resources Sees Bald Hill Potential Double In Latest Technical Report
Antimony Resources (CSE: ATMY) has seen the potential at their Bald Hill Antimony Project in New Brunswick improve following the filing of a revised NI 43-101 Technical Report. The report has outlined a revised potential target of 2.7 million tonnes at 3.0% to 4.0% antimony.
Aya Gold & Silver Outlines $1.5 Billion NPV For Boumadine Project
Aya Gold & Silver (TSX: AYA) has released the results of a much awaited preliminary economic assessment on their Boumadine Project in Morocco. The study has outlined an after tax net present value (5%) for the project of $1.5 billion, alongside an internal rate of return of 47% and a payback period of 2.1 years, […]
Altman Waves Off Critics On OpenAI’s $1.4T Spending Commitments
OpenAI’s Sam Altman faced a direct question about how a company tied to $13 billion in funding can support $1.4 trillion in spend commitments. He instead challenged skeptics to sell their shares and ended his appearance on the interview minutes after. “How can the company with $13 billion in revenues make $1.4 trillion of spend […]