Orezone Restarts Casa Berardi After Multi-Day Wildfire Suspension
Orezone Gold (TSX: ORE) has restarted its Casa Berardi mine in Quebec, resuming operations on the evening of July 17 after a voluntary suspension prompted by a nearby wildfire. The company announced it had halted work on July 14 as a precaution, following a fire that broke out roughly twelve kilometres southwest of the site […]
Canada’s Inflation Cools Down To 2.8% In June
Canada’s June inflation report gave the Bank of Canada stronger evidence that underlying price pressures are easing, but much of the headline improvement came from a gasoline decline that may already have been reversed by renewed turmoil in global oil markets. The Consumer Price Index rose 2.8% year over year in June, down from a […]
Houthis Target Saudi Arabia’s Critical Red Sea Oil Route With Embargo
Saudi Arabia’s most important defense against a Strait of Hormuz disruption has become a new point of leverage for Yemen’s Houthis. The group announced an immediate maritime embargo against Riyadh on Monday, AP News reported, extending a renewed confrontation from airports and airspace into the shipping lanes that now carry an unusually large share of […]
Cerrado Gold Unwinds Sprott Streams in US$31.3M Repurchase
Cerrado Gold (TSXV: CERT) has repurchased the metal streams held over two of its projects, unwinding financing arrangements with Sprott and clearing a layer of complexity from its balance sheet. The company agreed to pay roughly US$31.34 million to acquire the outstanding streaming assets tied to its producing Minera Don Nicolas mine in Argentina and […]
Sponsored · Selkirk Copper Mines
UK’s Jerusalem Consulate Sees X Account Suspended Over Palestinian Detainees Post
The British Consulate General in Jerusalem’s official X account got suspended while leaving an identical diplomatic statement about Palestinian detainees online through the European Union’s verified account, creating an enforcement mismatch that the platform has not explained. The consulate profile displayed an “Account suspended” notice on July 20, one day after the mission posted a […]
Seabridge Lines Up US$100M Short Term Facility From Strategic Investor
Seabridge Gold (TSX: SEA) has lined up fresh capital to keep its flagship KSM project moving through the summer, executing an unsecured, short-term loan of up to US$100 million with a strategic investor. The financing is drawable at Seabridge’s election in minimum increments of US$10 million, carries an interest rate of 7% compounded monthly, and […]
The CANADA FIRE Act Would Give Trump Sweeping Power Over Canada
Sen. Bernie Moreno’s bill would sanction Canada over wildfire smoke, and if the president doesn’t act within 30 days, the sanctions trigger automatically.
South Korea’s Stock Market Volatility Just Broke a 2008 Record
An AI-fueled rally that pushed the KOSPI past 9,000 has unwound into the most volatile trading year Korean markets have ever recorded.
Sponsored · McLaren Resources Inc.
Who Is Andy Burnham, Britain’s New Prime Minister
The former Greater Manchester mayor takes office on Monday, becoming the UK’s 7th Prime Minister in just a decade.
Marco Rubio May Hold Final Say on Tate Brothers’ Extradition
The same administration reportedly accused of pressuring Romania to free the Tate brothers last year is now the one deciding whether to send them to the UK.