K92 Mining Beats Reduced 2021 Production Guidance With 104,196 Gold Equivalent Ounces
K92 Mining Inc. (TSX: KNT) reported on today its Q4 2021 and full-year 2021 production results at its Kainantu gold mine in Papua New Guinea, highlighting a gold equivalent production of 104,196 ounces. This is an increase from 2020’s production of 98,872 ounces. The annual production also exceeds the company’s guidance of 96,000 to 102,000 […]
Gold Terra Drills 19.74 G/T Gold Over 5.44 Metres At Con Mine Property
Gold Terra Resource Corp (TSXV: YGT) this morning announced a “high-grade” assay from a single hole at its recently concluded drilling program on the Yellorex zone at the Con Mine property in Northwest Territories. The intersection, made by hole GTCM21-022, hit 19.74 g/t gold over 5.44 metres. The Con Mine property was recently optioned from Newmont […]
PayPal May Create its Own Stablecoin
Payments giant PayPal (NASDAQ: PYPL) is allegedly mulling launching its own digital token, in a further step to embrace crypto technology. PayPal’s plans for launching a stablecoin were first uncovered by developer Steve Moser, who, after discovering it in PayPal’s payment app, revealed the news to Bloomberg. “We are exploring a stablecoin; if and when […]
Lundin Gold Exceeds 2021 Production Guidance With 428,514 Ounces
Lundin Gold Inc. (TSX: LUG) announced on Monday the production results for Q4 2021 and full-year 2021 at its Fruta del Norte gold mine in southeast Ecuador. The annual production yielded 428,514 gold ounces, beating the firm’s 2021 guidance of 380,000 – 420,000 ounces. The 2021 yield is also an increase from 2020 gold production […]
Rogers Circles Back To Tony Staffieri As Permanent President And CEO
After months of board shakeups, the Rogers family saga is seemingly coming to an end–back to where it began. Rogers Communications (TSX: RCI.B) announced on Monday that it is appointing Tony Staffieri as the company’s permanent president and CEO. Staffieri was appointed interim CEO in November 2021 after former chief executive Joe Natale left the company, […]
Grande Portage Outlines 10,000 Metre 2022 Drill Program
Grande Portage Resources (TSXV: GPG) is getting ready for the 2022 exploration season even as it awaits the results from its 2021 program. The firm this morning revealed its drill plan for the oncoming season at its flagship Herbert Gold project in Alaska. The oncoming season will see the firm conduct a 10,000 metre diamond […]
Datametrex Sees Request To Increase Testing By 300% Due To Surging Cases
Datametrex AI (TSXV: DM) is expected to see its health division grow as a result of the exploding cases of the coronavirus. The firm this morning issued a brief update, indicating it has been requested to increase its services substantially to the film and production industry. The company has reportedly been requested to increase weekly […]
Organigram Reports Q2 2022 Revenues Of $30.4 Million, Positive Gross Margins
Organigram Holdings (TSX: OGI) has finally done it. The company has finally posted a positive gross margin quarter, although just barely. The firm this morning reported its fiscal first quarter results for 2022, posting net revenue of $30.4 million. The quarterly results were a substantial improvement on a quarter over quarter basis, with sales rising […]
TransAlta Renewables Forced To Replace Foundations At Kent Hills Wind Farm
TransAlta Renewables (TSX: RNW) is facing some major headwinds as it relates to their Kent Hills projects in New Brunswick. Following an initial tower failure back in October that saw a wind turbine come crashing to the ground, the firm was forced to take the operation offline and review what exactly occurred. As it turns […]
Osisko Gold Royalties Reports Prelim Q4 Revenues Of $50.7 Million
Osisko Gold Royalties (TSX: OR) last night after the bell revealed preliminary fourth quarter 2021 results. The firm on a preliminary basis achieved its prior guidance, with a total of 19,830 attributable gold equivalent ounces in the quarter. With 19,830 GEO’s in the fourth quarter, the firm’s total for the full fiscal year is 80,000 […]