Strathcona Resources Increases Offer For MEG Energy To $30.86 A Share, Topping Cenovus
Strathcona Resources (TSX: SCR) has revised their offer to acquire MEG Energy (TSX: MEG), announcing this morning that they have increased their offer to top the arrangement presented by Cenovus Energy (TSX: CVE). Under the revised offer, Strathcona is now offering 0.80 of a common share of Strathcona for each share of MEG Energy. The […]
Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet
High grade gold continues to be intersected by Goliath Resources (TSXV: GOT) at their Surebet Discovery. The company this morning released additional assay results from ongoing drilling, confirming that they continue to have a 100% hit rate on quartz-sulphide mineralization and a 90% hit rate on visible gold being included within the drill core.
Multiple Fiber-Optic Cables Severed, Affecting Connectivity Across Asia, Middle East
Multiple undersea cables were severed in the Red Sea over the weekend, disrupting internet connectivity across parts of Asia and the Middle East, technology companies and monitoring groups reported Sunday. The cable cuts affected the SMW4 and IMEWE fiber-optic systems near Jeddah, Saudi Arabia, according to NetBlocks, which monitors global internet access. Countries experiencing degraded […]
Avino Q2 Earnings: Steady As She Goes
It’s time to cover the earnings of another fan favorite. This might be a small producer in terms of ounces, but that hasn’t stopped investors from flocking to the name in advance of oncoming production from a second mine. Of course, we’re talking Avino Silver and Gold Mines (TSX: ASM), who posted their second quarter […]
MEG Energy: Cenovus Comes In With $7.9 BILLION Offer
It’s been a while folks, but it seems that we finally have another bidding war on our hands in the Canadian market. The last time this happened, we saw UEX Corp shareholders win big – Uranium Energy Corp initially bid $0.43 a share for the company, before Denison came in with a higher but undisclosed […]
Carney Unveils $6.4B Plan, ‘Buy Canada’ To Counter Trump Tariffs
Prime Minister Mark Carney unveiled an industrial strategy with at least $6.37 billion in targeted support and a new “Buy Canada” procurement policy to help workers and businesses withstand President Donald Trump’s tariffs and trade disruptions. A central move is an EV-mandate pause for the 2026 model year and the launch of a 60-day review. […]
Orla Mining Q2 Earnings: Musselwhite Changes Everything
Amid our ongoing backlog of must-cover quarterly earnings is a name we haven’t previously covered. However, after a transaction with Newmont earlier this year materially changed their operational profile, we felt that the name basically became a must-cover within the mining sector. Of course, we’re talking about Orla Mining (TSX: OLA), whom earlier this year […]
Endeavour Silver Q2 Earnings: Growth Isn’t Always Pretty
After a weak performance in the first quarter of 2025, Endeavour Silver (TSX: EDR) has seemingly redeemed themselves a bit in Q2. The first quarter saw costs blow out as the company seemingly placed all efforts on getting the Terronera project across the finish line, and while there was still some lingering effects from that […]
Peter Schiff Sees Gold At $6,000 in 2026
Peter Schiff forecast gold at $4,000 by December 2025 and $6,000 in 2026, with the Dollar Index falling toward 90 this year and 70 next year in a recent interview. “I don’t think I’ve ever been more bullish than I am now,” he said, citing “fundamentals” and “technicals” aligning across gold, silver, and miners. He […]
Federal Housing Minister Acknowledges Toronto Condo Market Is in ‘Free Fall’
Federal Housing Minister Gregor Robertson acknowledged Wednesday that Toronto’s condominium market is in “free fall.” This is the government’s starkest assessment yet of the struggling sector. “We were in a housing bubble,” Robertson told reporters following a tour of Oak House, a new University of Toronto residence. The admission represents a significant shift in tone […]