Kirkland Lake Gold Reports Measured & Indicated Resource Of 14.7 Million Gold Ounces For Detour Lake
Kirkland Lake Gold Ltd. (TSX: KL) shared today the results of the 2021 mid-year mineral resource estimate for the Detour Lake mine effective June 30, 2021. The report includes measured & indicated resources of 14.7 million gold ounces, up from the previous estimate dated December 31, 2020 that indicated 4.7 million gold ounces. The data […]
EnerDynamic Announces Partnership To Install Solar Arrays On Telecommunications Towers
EnerDynamic Hybrid Tech (TSXV: EHT) has entered into a new co-venture via its Windular subsidiary. The firm has partnered with Ikan Engineering in the Middle East on certain solar initiatives in the region as the firm works to expand its current offerings in the space. The co-venture is to develop a new solar solution that […]
Waterloo Brewing Ends Fiscal Q2 2022 With $34.2 Million In Revenue
Waterloo Brewing Ltd. (TSX: WBR) released this morning its financial statements for fiscal Q2 2022 ending August 1, 2021. The results highlighted a quarterly revenue of $34.2 million, an increase from both fiscal Q1 2022 and Q2 2021’s revenue of $22.5 million and $24.6 million, respectively. The quarterly gross margin followed the trend as it […]
InsuraGuest Appoints Industry Veteran Jim Kilduff As Chief Insurance Officer
InsuraGuest Technologies (TSXV: ISGI) has a new chief insurance officer. The company this morning announced the appointment of experienced industry executive Jim Kilduff to the role. Kilduff is highly experienced in the insurtech space, having advised several such firms that have exceeded $300 million in annualized written premiums. Having founded insurance consulting firm Harbor Hill […]
Hut 8 Mines 326 Bitcoin In August 2021
Hut 8 Mining Corp. (TSX: HUT) provided this morning production updates for the month of August 2021. The crypto miner yielded 326 bitcoin for the month. The monthly production averages at 10.5 bitcoin mined per day, up from July’s daily average of 9.7 bitcoin mined. It is worth noting that the firm installed 1,025 new […]
SKRR Exploration To Drill Manson Bay Gold Project In September
SKRR Exploration (TSXV: SKRR) is already well underway with its exploration plans for its recently acquired Manson Bay gold project in Saskatchewan. The firm this morning announced that it will soon begin its maiden drill program on the property. The company intends to spend up to $1.0 million exploring the property, with exploration initiatives to […]
Freeman Gold Sees Paul Matysek Appointed As Executive Chairman
Freeman Gold Corp (CSE: FMAN) yesterday had a major announcement, in that it has appointed a new executive chairman. Mining legend Paul Matysek, whom has over four decades of experience in the space, will be championing the role. Matysek is defined as a “successful alpha entrepreneur” by the company, with his track record including over […]
Centerra Gold Reveals Seized Kumtor Mine Flooded At Hazardous Level, Local Operator Disputes
On Tuesday, Centerra Gold Inc. (TSX: CG) disclosed aerial documentation of the seized Kumtor gold mine submerged in water with estimated levels that it considers has the potential to lead to “catastrophic events”. The now Kyrgyzstan government-controlled Kumtor Gold Company calls foul of the Canadian mining firm’s claims, saying “water has always been there”. In […]
Equifax Canada: Surge in HELOC Use Could Become Troublesome Should Interest Rates Increase
Historically low interest rates have caused the demand for home ownership to soar to record levels, as work-from-home flexibility sparked a need for more spacious accommodations outside of urban centers. However, the attractive borrowing costs have also fueled an increase not only in mortgage loans, but also a comeback in Home Equity Lines of Credit […]
Haywood Initiates Coverage On Ascend Wellness With $16.50 Price Target
Haywood Capital Markets recently became the latest firm to initiate coverage on Ascend Wellness (CSE: AAWH.u). The firm gave the company a C$16.50 price target, slightly above the Street consensus of $16.29, and a buy rating. Haywood says, “with only a fraction of its assets currently operational, we see room for continued margin improvement through […]