Ottawa Now Chasing Nutrien Back: “Hoping To Persuade The Company”
Ottawa’s push to reverse Nutrien’s decision to build a potash export terminal in Longview, Washington, pits Canada’s critical minerals ambitions against the fertilizer producer’s cost and logistics calculus. Transport Minister Steven MacKinnon said he has requested a meeting with Nutrien’s project team to “convince them to change their mind” after the company announced plans for […]
Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain
The final assays are out for Silver47 Exploration’s (TSXV: AGA) 2025 exploration program at their Red Mountain Project in Alaska. The program saw the company continue to intersect high grade mineralization at both Dry creek and West Tundra Flats, with the program expected to expand the resource estimates at both deposits.
Russia Begins Selling Physical Gold from Reserves to Fund Budget
Russia’s Central Bank announced Wednesday it will sell physical gold from its reserves for the first time, turning to one of its last liquid assets as sanctions and war costs force the Kremlin to drain the National Wealth Fund that once held $113.5 billion. Previously, gold transactions were largely virtual accounting moves that kept bullion […]
Guanajuato Silver To Acquire Bolanitos Mine From Endeavour For US$50 Million
Guanajuato Silver (TSXV: GSVR) is set to add a fifth operating mine to their portfolio, following the announcement this morning that they will be acquiring the Bolanitos gold-silver mine from Endeavour Silver (TSX: EDR). The acquisition will add a second primary gold mine to Guanajuato’s portfolio, while also allowing for improved economics at their San […]
BHP Renews—Then Withdraws—Offer To Acquire Anglo American
BHP Group has made and quickly abandoned a renewed takeover approach for Anglo American, testing but ultimately reinforcing the London miner’s $40 billion merger with Teck Resources. The latest overture came just weeks before a December 9 shareholder vote on the Anglo-Teck combination into a copper-focused group worth more than $60 billion, and against a […]
X Pauses Location Feature Days After Rollout Exposed Foreign-Based MAGA Accounts
Social media platform X paused a new account location feature days after its rollout revealed numerous accounts operating from countries outside where they claimed to be based, according to reports and user observations. X rolled out the “About this account” feature on November 21-22, displaying users’ country of origin, username change history, and account creation […]
IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift
Earnings season is all but over for the third quarter, at least among the major and intermediate producers, so we’ll be wrapping up our coverage of the season this week. But first, we need to address the earnings from a couple of names we didn’t get the opportunity to cover previously. Starting with IAMGOLD (TSX: […]
G Mining Q3 Earnings: Costs Down, Production Up
After a touchy second quarter, G Mining Ventures (TSX: GMIN) evidently worked hard to regain their low cost producer status in Q3, with the company seeing significant improvement in that metric this earnings cycle, although they have again failed to break below the $1,000 an ounce AISC mark. But while costs may be low here, […]
Endeavour Silver Q3 Earnings: On The Upswing
It’s been an absolute slugfest for shareholders. But things are starting to look up for Endeavour Silver (TSX: EDR), even if the third quarter financial results on the surface don’t say it. And I mean, in fairness, the headlines are ugly. A $42 million net loss on the quarter, versus a loss of $17.3 million […]
Aya Gold Q3 Earnings: A Mixed Bag
Aya Gold and Silver (TSX: AYA) has released their third quarter financial results. And while they managed to set a series of new records this quarter – record production, record revenue, and record net income to name a few – the company looks like it might still fall short of guidance provided earlier this year. […]