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 […]
Oracle Cuts Cloud Jobs in US, India, and Canada Operations
Oracle Corp. (NYSE: ORCL) is laying off employees across its cloud infrastructure division this week, affecting workers in the United States, India and Canada as the software giant reshapes operations while investing heavily in artificial intelligence. The job cuts target Oracle Cloud Infrastructure teams, including enterprise engineering, data center operations and AI development groups, according […]
Perplexity Makes $34.5B Bid for Google Chrome
Artificial intelligence startup Perplexity AI made an unsolicited $34.5 billion offer Tuesday to purchase Google‘s Chrome browser, positioning itself to potentially benefit from federal antitrust action against the tech giant. The cash bid comes as the US Department of Justice seeks to force Google to divest Chrome following a court ruling that found the company […]
Chilean Authorities Investigate Incident at Albemarle Lithium Plant
Chilean regulators are investigating a safety incident at Albemarle Corp.’s (NYSE: ALB) lithium processing facility in northern Chile, adding to supply concerns that have driven up lithium prices globally. The incident involved the rupture of an acid-carrying pipe at the company’s La Negra plant near Antofagasta last week, according to local lawmaker Jaime Araya, who […]
Energy Department Selects 11 Companies for Nuclear Reactor Pilot Program
Eleven advanced nuclear reactor projects have been chosen for President Donald Trump’s accelerated testing initiative, the Department of Energy announced Tuesday, with officials targeting operational status for at least three reactors by July 4, 2026. The initiative is the Trump administration’s effort to accelerate nuclear energy development and restore US leadership in the sector. The […]