G Mining Q2 Earnings: Costing Gone Wild
Say it ain’t so. We’ve seen a crushing fall from grace for what was once one of the lowest cost producers on the street. And that fall comes less than a year into full production. G Mining Ventures (TSX: GMIN) in the second quarter saw their costing metrics on a per ounce basis explode versus […]
Aya Gold Q2 Earnings: Production Slips Amid Ramp Up
The results are in and it turns out investors aren’t too fond of Aya Gold & Silver’s (TSX: AYA) second quarter performance. The stock on thursday closed down nearly 4% following the release of Q2 results, before rebounding slightly on Friday. By and large, the big complaint among investors here appears to be related to […]
i-80 Gold Q2 Earnings: Better, But Not Great
The markets had the full spectrum of producers reporting this morning. On the one hand we had Artemis Gold report their second quarter results, which included the first two months of commercial product at Blackwater with their US$805 all in sustaining cost average. On the other hand, we saw i-80 Gold (TSX: IAU) report who […]
Artemis Q2 Earnings: Strong Start For A New Operator
There’s a new low cost producer in town, who has posted strong numbers despite the second quarter only seeing two months of commercial scale production. Of course, we’re talking Artemis Gold (TSXV: ARTG), who saw their Blackwater project in British Columbia finally hit scale at the tail end of April. Despite being the street’s newest […]
Judge Calls DOJ’s Effort to Unseal Epstein Grand Jury Transcripts ‘A Diversion’
A federal judge on Tuesday rejected the Justice Department’s request to unseal grand jury transcripts from the 2019 Jeffrey Epstein sex trafficking case, marking the third court to deny the Trump administration’s push for disclosure and suggesting the effort was aimed at creating an illusion of transparency rather than revealing meaningful information. US District Judge […]
Volkswagen Charges Monthly Fee to Unlock Car’s Full Horsepower
Volkswagen (ETR: VOW3) is requiring owners of certain electric vehicles to pay a monthly subscription fee to access their car’s full horsepower, marking the latest example of automakers placing built-in features behind digital paywalls. The German automaker’s ID.3 Pro and Pro S electric vehicles sold in the United Kingdom come with 201 horsepower in standard […]
Elon Musk Ordered to Defend Against Voter Fraud Claims in Federal Court
A Texas federal court has rejected Elon Musk’s attempt to dismiss fraud allegations stemming from his controversial pre-election petition drive that promised daily $1 million prizes to participants. Judge Robert Pitman ruled Wednesday that plaintiff Jacqueline McAferty presented sufficient evidence that the billionaire and his America PAC may have deceived voters about the nature of […]
Kazatomprom Cuts Nominal Output By “5% Of World’s Supply”
Kazatomprom has reported its H1 2025 results, only to be overshadowed by a production capacity cut as it announces its 2026 production strategy. After a review of market conditions and new-mine timelines, Kazatomprom lowered its 2026 nominal licensed production level (100% basis) to 29,697 tU (77 Mlbs) from 32,777 tU (85 Mlbs)—a 10% cut, largely […]
Pentagon Preparing Attack Options for Mexican Cartels
The Trump administration has directed the US military to prepare options for lethal strikes against drug cartel targets inside Mexico, with operations to be ready by mid-September, according to a report citing three military sources. Independent journalist Ken Klippenstein reported Thursday that a Top Secret planning order issued in late spring tasked US Northern Command […]
Musk, X Corp Strike Tentative Severance Payout On Ex-Twitter Employees
Elon Musk and X Corp have reached a tentative settlement to resolve a class action by former Twitter employees over unpaid severance tied to the 2022 takeover and mass layoffs. The lawsuit had sought $500 million and was led by ex-employees Courtney McMillan and Ronald Cooper. The workers alleged Twitter’s 2019 severance plan entitled most […]