Convicted Child Sex Trafficker Ghislaine Maxwell Cleared for Work Release
Prison officials may have cleared Jeffrey Epstein associate Ghislaine Maxwell to leave prison on work release assignments — a privilege experts say authorities virtually never grant convicted sex offenders. Maxwell currently serves a 20-year federal sentence for sex trafficking minors. Maxwell’s Bureau of Prisons classification now lists her custody status as “OUT,” indicating she can […]
Trump Rules Out Gold Tariffs After Market Confusion
President Donald Trump said Monday that gold imports will not face U.S. tariffs, ending days of market confusion after a federal agency initially ruled that bullion bars would be subject to duties. “Gold will not be Tariffed!” Trump posted on Truth Social, clarifying his administration’s position after gold futures hit record highs Friday amid uncertainty […]
Mining Giant With World’s Largest Gold Pit Eyes Public Markets
Uzbekistan’s state-backed Navoi Mining & Metallurgical Co. has selected major investment banks to lead a potential $20 billion initial public offering across London and Tashkent stock exchanges, according to Bloomberg, which cited people familiar with the matter. The dual listing aims to take advantage of gold’s strong performance this year, with the precious metal climbing […]
Ontario Targets Auto, Steel Sectors with $1B Emergency Loan Program
Ontario announced Wednesday that emergency funding will soon flow to businesses hammered by US trade measures, representing the province’s latest response to tariffs that have disrupted key industries since March. The province will distribute $1 billion in loans targeting automotive and steel companies, sectors that have borne the brunt of trade restrictions imposed by President […]
Avino Q2 2025 Saw Revenue Surge 47%, Hit Record Mill Throughput
Avino Silver & Gold Mines (TSX: ASM) reported Q2 2025 revenue of $21.8 million, up 47% from $14.8 million in Q2 2024, driven by stronger metal prices and a 26% increase in silver-equivalent ounces sold at 676,453. Mine operating income rose 118% to $10.2 million from $4.7 million, pushing the gross margin to 46.9% from […]
DOE Announces Nearly $1 Billion for Critical Minerals Supply Chain
The Department of Energy announced plans Wednesday to issue nearly $1 billion in funding opportunities to boost domestic production and processing of critical minerals, part of the Trump administration’s push to reduce American dependence on foreign suppliers. The funding will target mining, processing, and manufacturing technologies across key stages of the critical minerals supply chain, […]
Orezone Gold Q2 2025: Earnings Jump Can’t Mask Cost Surge, Free Cash Flow Burn
Orezone Gold (TSX: ORE) saw its Q2 2025 revenue rise 62% to $94.5 million on 28,265 gold ounces sold at at average realized price of $3,338 per ounce, an improvement from last year’s $58.3 million revenue on 24,937 ounce at $2,334 per ounce. Earnings from mine operations also increased 72% to $40.0 million from Q2 […]
Equinox Gold’s Mixed Q2 2025: 93% Net Income Drop On 78% Revenue Jump
Equinox Gold (TSX: EQX) reported a mixed Q2 2025: strong top-line growth offset by a sharp year-over-year decline in net income. Quarterly revenue rose 78% year over year to $478.6 million from $269.4 million, driven by a 29% increase in gold ounces sold to 148,938 from 115,423 last year and a 38% higher average realized […]
Aya Gold & Silver Posts Record Revenue In Q2 2025 Amid Rising Costs
Aya Gold & Silver (TSX: AYA) posted record revenue of $38.6 million in Q2 2025, up 182% year over year from $13.7 million, on stronger silver sales and a higher realized price. Realized price for silver was at $33.86 per ounce in Q2, up 29% YoY, while cash cost per ounce sold increased 19% to […]
Orla Mining Sees Permitting Advance For South Railroad Project
Orla Mining (TSX: OLA) is well on their way to having a third operating mine within their portfolio, with the company last night announcing that the South Railroad project in Nevada has advanced along the permitting path. The company has seen the US Department of the Interior Bureau of Land Management publish a Notice of […]