New Gold Q2 Earnings: Record Free Cash Flow
There’s nothing worse than reporting earnings as a gold miner.. On a day that the price of gold is down. Even a little bit. New Gold (TSX: NGD) found that out the hard way on Monday, the equity selling off by roughly 5%, despite beating analyst estimates on both EPS and revenue. But in fairness, […]
STLLR Gold: The Tower Gold PEA
When it comes to economic studies for mining projects, it isn’t an unfair statement to say that not all studies are the same. What we mean by this is that some analysts are heavy on costs, while others are .. less rigorous. Investors that follow the sector religiously likely already have a sense of who […]
Canadian Provinces Hit With Massive Deficits in 2025
Provincial governments across Canada are headed toward significant fiscal deficits in 2025, pressured by persistent economic sluggishness and challenging demographics, according to a new report from The Conference Board of Canada. “Provinces will continue to feel the pinch from higher interest rates brought on by pandemic‑era spending,” said Richard Forbes, Principal Economist at The Conference […]
Trump Order on Homelessness Raises Broader Civil Commitment Concerns
President Donald Trump’s executive order addressing homelessness has drawn criticism not just for its policy shift, but for language that civil liberties advocates say could dramatically expand government power to commit individuals beyond the homeless population forcibly. While the July 24 order ostensibly targets street encampments, legal analysts and advocacy groups warn its broad language […]
AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million
Ladies and gentlemen. Boys and girls. It seems we have yet another M&A transaction on our hands. And as if that wasn’t enough. This particular deal involves a major buying a junior – which is every mining exec’s wet dream. Yes you heard right. AngloGold Ashanti, one of the world’s largest gold producers, has just […]
Another Gold Deal! Aris Mining Sells Assets To McFarlane
Well folks, it seems we’ve now entered the stage of the market where non core assets are being sold off by the miners. But rather than sell because they’re hard up for cash or liquidity, now they’re selling because these assets are going for top dollar. Which of course is a positive sign for the […]
Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition
We’ve got yet another major transaction on our hands within the mining sector. This one, again, is focused on the royalty and streaming space, which is a sector that seems to continuously consolidate these days. The latest deal will see Royal Gold (NASDAQ: RGLD) acquire not one, but two names in the space, with Royal […]
Critics Say Ford Plans to Sell Off Wasaga Beach Park
Ontario Premier Doug Ford’s plan to invest $38 million in Wasaga Beach tourism development is drawing sharp criticism from environmental groups over a proposal to transfer provincial park land to municipal control. The Ford government announced the funding in May as part of “Destination Wasaga,” aimed at making the lakefront community a year-round tourist destination. […]
Drones Deployed at US Schools to Counter Active Shooters
A Texas startup founded by military veterans is deploying armed drones in American schools as an emergency response system against active shooters, with the technology already operational in multiple school districts. Campus Guardian Angel has implemented drone systems in Miami-Dade County Public Schools and Texas districts in Boerne and Waco, according to company demonstrations conducted […]
China Crackdown Spurs Lithium Price Turnaround
Lithium’s tortured three-year slump may finally have reached its end. Commonwealth Bank of Australia says the battery metal has “passed the lowest point in the lithium price cycle,” helped by an aggressive Chinese crackdown on illegal mining and overcapacity. Spodumene, Australia’s flagship lithium feedstock, has surged 48% from its June trough of US$575 per tonne […]