Sponsored by Golden Cariboo Resources

Trump Fast-Tracks 26 U.S. Mines

The Trump administration has fast-tracked more than two dozen mining projects under the FAST-41 permitting framework—effectively launching the most aggressive permitting campaign for extractive industries in modern history. Through Executive Order 14241, the administration is repositioning America’s mining sector as the backbone of its “energy dominance” doctrine, with a clear focus on critical and strategic minerals like lithium, copper, uranium, and antimony.

The dashboard now lists 26 projects under the “Transparency” category, with status tags ranging from “Planned” to “In Progress.” While many of these projects remain in the early phases of federal environmental review, the signal is clear: timelines will be accelerated, permitting obstacles minimized, and federal interagency coordination intensified. Each project has been tasked to publish a full permitting timetable by May 16, 2025.

You can read more on the matter here.

What’s going on?

• Brookfield Considers Trump-Era Investments After Carney’s Election Victory (theDeepDive)

• South Korea pitches Canada on $20B-plus plan for subs, armoured vehicles (CBC)

• Endeavour Mining Q1 Earnings: Cash Flow Is King (theDeepDive)

• Ford asks Carney to support Highway 401 tunnel in new letter about priority projects (Globe)

• G Mining Oko West Feasibility: Move Fast, Break.. Nothing? (theDeepDive)

• Film industry reels as Donald Trump threatens 100% tariffs (FT)

• Griffin: US Should Focus on Strengths, Not Manufacturing Revival (theDeepDive)

• A $1 Billion Tax Bill Is Looming Over Boston Homeowners (WSJ)

• China Confident in Economic Resilience Despite US Tariff Pressure (theDeepDive)

• Trump Administration Offers Migrants $1,000 to Voluntarily Leave (Bloomberg)

• Hardship Withdrawals from 401(k)s Surge as Americans Face Financial Pressure (theDeepDive)

• Israel plans to capture all of Gaza under new plan, officials say (Globe)

What’s the latest?

• Lion Electric: Lion Electric is likely heading for liquidation after the Quebec government declined to provide further financial support. The company has laid off all but 12 employees, and Deloitte, the court-appointed monitor, is now seeking liquidation offers, aiming to finalize a deal by next Monday. A potential buyer group had requested $24 million in public funding, but the provincial government rejected the request. Lion Electric had filed for creditor protection in December after struggling to secure a buyer.

• Apple: Apple Inc. is planning its first corporate bond sale in two years, aiming to issue investment-grade debt in up to four parts, including a 10-year note priced about 0.7 percentage points above U.S. Treasuries, according to Bloomberg sources. The bond sale is part of a broader week of expected $35–40 billion in new corporate debt issuance, largely from industrial and tech firms. Barclays, BofA, Goldman Sachs, and JPMorgan are managing the offering.

• BHP: Lundin Mining and BHP Group have declared their Filo del Sol project the largest copper discovery in 30 years, with at least 13 million tons of copper and significant gold and silver reserves. Ongoing drilling suggests the deposit is still growing. The undeveloped site, spanning Argentina and Chile, is positioned to be one of the highest-grade open-pit copper and precious metal resources globally. BHP and Lundin acquired the project in a US$3 billion deal last year, amid rising copper demand and development costs.

• Feds:  The U.S. Federal Reserve is expected to hold interest rates steady this week despite pressure from President Trump to cut, amid fears of economic slowdown and inflation volatility. April jobs data showed a 177,000 increase in payrolls, supporting the Fed’s cautious stance, while its preferred inflation gauge showed cooling price pressures. Globally, markets are navigating tariff uncertainty, with rate cuts expected in the U.K., Poland, and Uganda, a hike in Brazil, and no changes in Sweden or Norway. In Asia, attention turns to China’s April trade data and Japan’s real wages, while Canada faces economic headwinds ahead of PM Carney’s meeting with Trump.

• Skechers: Skechers is being acquired by 3G Capital for US$9 billion, with a per-share offer of US$63 — a 30% premium to its 15-day average stock price. The deal was unanimously approved by Skechers' board and is expected to close in Q3 2025. Skechers will remain headquartered in Manhattan Beach, California, and continue under the leadership of CEO Robert Greenberg.

G Mining Oko West Feasibility

The stock market and stuff

• Agnico Eagle Tells Ottawa: Build the North or Risk Losing It (theDeepDive)

• Trump set to raise millions from crypto and meme coin this month (CNBC)

• Lundin Mining Outlines 13 Million Tonnes Copper, 32 Million Ounces Of Gold In Initial Resource For Vicuna JV (theDeepDive)

• Sunoco To Acquire Parkland In US$9.1 Billion Deal (theDeepDive)

In the juniors

• i-80 Gold Posts Wider Loss, Negative Cash Flow in Q1 2025 Despite Revenue Jump (theDeepDive)

• Asante Gold Guides To 339,000 Oz Gold Production In 2025, Targets 500,000 Oz By 2028 (theDeepDive)

• Goliath Resources Exploring Options For Exploration Adit At Surebet (theDeepDive)

• Skeena Files Permit Applications For Eskay Creek Project (theDeepDive)

• Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth (theDeepDive)

FULL DISCLOSURE: Golden Cariboo Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is long the equity of Golden Cariboo Resources. The author has been compensated to cover Golden Cariboo Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.