Newmont to Sell Éléonore Gold Mine in Québec for US$795 Million
Newmont (TSX:NGT,NYSE:NEM), the world’s largest gold miner, is continuing its divestiture program through the sale of its Éléonore mine in Québec to Dhilmar, a private UK-based mining firm, for US$795 million in cash. Located in the Eeyou Istchee James Bay region, Éléonore is a prominent underground gold operation. Since producing its first gold in 2014,…
Biden announces cease-fire plan between Israel and Hezbollah ending 14 months of fighting
Israel has agreed to a cease-fire agreement with Hezbollah terrorists that would end nearly 14 months of fighting, President Biden announced Tuesday. Biden, speaking from the White House Rose Garden, said that Israel and Lebanon agreed to the deal. Israel retains the right to self-defense should Hezbollah break the pact, Biden said. ‘Let’s be clear….
Jay Bhattacharya, prominent physician and economist, nominated by Trump for NIH director
Stanford-trained physician and economist Jay Bhattacharya has officially been nominated by President-elect Donald Trump to serve as the next director of the National Institutes of Health (NIH). Trump made the announcement in a Truth Social post, writing: ‘I am thrilled to nominate Jay Bhattacharya, MD, PhD, to serve as Director of the National Institutes of…
Kipushi Zinc Mine Reopens in DRC After 31 Year Production Hiatus
Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Democratic Republic of Congo (DRC) marked a major milestone with the reopening of the Kipushi mine after a 31 year operational hiatus. An 800,000 metric ton (MT) per year concentrator facility was completed at Kipushi in May, with first concentrate produced in June. The mine’s projected output for the year…
Rick Rule: Contrarian or Victim? Where to Invest (and Speculate) in 2025
‘If you look traditionally, the momentum in gold attracts Wall Street, and it attracts Main Street and it attracts the generalist investors to the space. We really aren’t seeing that to any great degree,’ he said. Rule also discussed his best-performing investments of 2024 and shared his highest-convictions sectors for 2025. Looking back at 2024,…
Top NATO military official urges businesses to be prepared for ‘wartime scenario’
A top military official with NATO warned businesses on Monday to be ready for a wartime scenario, which could entail adjusting production and distribution lines to be less vulnerable to blackmail from Russia and China. Dutch Admiral Rob Bauer, the chairperson of NATO’s military committee, told attendees at an event of the European Policy Center…
President-elect Trump appoints three key positions in White House offices
President-elect Trump announced three key appointments to White House offices on Monday, including two who served during his first term. The announcement included the appointment of James Braid, who will return to the White House as the deputy assistant to the president and director of the Office of Legislative Affairs. Braid worked in legislative affairs…
First Helium Initiates Process to License & Drill the Leduc Anomaly
First Helium Inc. (‘First Helium’ or the ‘Company’) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has completed its field survey activities and selected the surface location for its Leduc anomaly test well planned for drilling this winter. The survey will be used to prepare necessary regulatory applications for drilling approval. The well…
First Helium Initiates Process to License & Drill the Leduc Anomaly
First Helium Inc. (‘First Helium’ or the ‘Company’) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has completed its field survey activities and selected the surface location for its Leduc anomaly test well planned for drilling this winter. The survey will be used to prepare necessary regulatory applications for drilling approval. The well…
Blinken questioned for State Department hosting in-house therapy sessions after Trump win
Rep. Darrell Issa, R-Calif., took aim at Secretary of State Antony Blinken after it was reported that the State Department held therapy sessions for employees who were upset by President-elect Trump’s election victory. ‘I am concerned that the Department is catering to federal employees who are personally devastated by the normal functioning of American democracy…