BC, Domtar Strike Deal To Restart Howe Sound Pulp Mill
The province sent in two veteran negotiators to keep Howe Sound’s pulp mill from closing for good. Six weeks later, Domtar has a deal to reopen it, pending a union vote.
Europe’s Bancomat, Bizum and Three Others Form A New Entity to Rival Visa and Mastercard
Five national payment apps reaching 130 million Europeans just agreed to let their users pay each other across borders, part of a broader push to loosen US card networks’ grip on the continent.
September Was Russia’s Deadliest Month of the War So Far This Year
Fewer than 260,000 of Russia’s war dead have actually been confirmed by name, even as Moscow drafts another 120,000 conscripts and leans on North Korean troops to keep fighting.
Korea Says Trump’s $54 Billion Alaska LNG Number Was Still Being Negotiated
Industry Minister Kim Jung-kwan says the two governments were still negotiating figures as high as $67 billion when Washington settled on $54 billion, and that the swing itself shows Washington doesn’t have a firmly established project.
Sponsored · Altamira Gold Corp.
China Suspends Oil Product Exports to Guard Domestic Stocks
Beijing is prioritising domestic inventories over already stretched global fuel markets, with Chinese refiners suspending exports of diesel, gasoline and jet fuel to all regions apart from Hong Kong and Macau for October, according to four people briefed on the matter. The country had first restricted shipments in March after the Iran war disrupted Middle […]
Cleveland-Cliffs CEO Says “No Amount Of Money” Could’ve Stopped Idling Stelco’s Canadian Ops
Cleveland-Cliffs CEO Lourenco Goncalves says federal financial support could not have prevented Stelco’s latest job cuts, directly challenging Ottawa’s argument that money was available to keep Canadian steelworkers employed. Goncalves told Global News on September 30 that “no amount of money” would persuade the company to keep producing steel products for which he says Canada does not […]
Canada Fast-Tracks Pacific Link Oil Pipeline While Financing Remain Open
Canada has formally put the proposed Pacific Link oil pipeline into its new fast-track regulatory system, converting months of political commitment into a legal national-interest designation while leaving the project’s final price, financing, route, and investment structure to be settled. Prime Minister Mark Carney announced Thursday that the one-million-barrel-per-day pipeline, previously known as the West […]
Seven States Sue Trump Over Cutting Expiring Federal Funds
Seven states have taken the Trump administration’s $810 million spending cancellation to federal court, turning a dispute between the White House and Congress over budget authority into a direct constitutional challenge over who ultimately controls money that lawmakers have already appropriated. California, Maine, Maryland, Michigan, New Mexico, Nevada, and Oregon filed suit in the US […]
Sponsored · Altamira Gold Corp.
Lynas Sinks After Agreeing to Acquire Meteoric Resources at 68% Premium
Lynas Rare Earths is using its stock to buy a major new rare-earth resource while preserving cash for the harder part: building it. The market immediately marked down the buyer. The Australian miner closed Thursday at A$12.64, down 8.6%, after agreeing to acquire Meteoric Resources in an all-share transaction that the companies value at A$968 million on a […]
Generation Mining Begins Early Works at Marathon Copper-Palladium Project
Generation Mining (TSX: GENM) has started construction at its Marathon copper-palladium project in northwestern Ontario, launching an early works program expected to run through the fourth quarter of 2026 and into 2027. Work began after the company posted a C$6.5 million bond covering the construction phase of the project’s closure plan. Financial assurance at Marathon […]