Wheaton Precious Metals Posts Record Revenue In Q2 2025 As Cash Outflow Hits
Wheaton Precious Metals (TSX: WPM) posted a record $503.2 million in Q2 2025, up 68% from last year’s $299.1 million. The lift came both from price and volume improvements: average realized gold equivalent prices jumped 32% to $3,187 per ounce, while GEO sales surged 28% to 157,916 ounces. Total cost of sales rose a slower […]
BCE Q2 2025: Operating Cash Flow Drops Despite Net Earnings Jump
BCE (TSX: BCE) reported its Q2 2025 financials, toplined by a 1.3% rise in operating revenue to $6.09 billion from last year’s $6.01 billion. The growth was driven largely by lower-margin hardware sales while service revenue—the engine of recurring cash—slipped 0.8%. Net earnings rose 6.6% to $644 million from Q2 2024’s $604 million, helped by […]
Trans Mountain Pipeline Boosts Canadian Oil Revenues by $10 Billion Since Launch
Canada’s expanded Trans Mountain Pipeline has generated an estimated $10 billion in additional oil revenues since beginning operations in May 2024, according to industry analysts and government officials, validating the controversial project’s economic rationale despite massive cost overruns. The pipeline expansion, which increased daily shipping capacity to 890,000 barrels from 300,000, has narrowed the price […]
FCC Commissioner Condemns Paramount-Skydance Merger as ‘Dark Moment’ for Press Freedom
The lone Democratic member of the Federal Communications Commission issued a scathing rebuke Thursday as the $8 billion Paramount-Skydance merger officially closed, calling the deal “a dark moment in our nation’s history” that compromises journalistic independence. Commissioner Anna M. Gomez condemned what she termed “cowardly capitulation” by Paramount Global, which agreed to a $16 million […]
Sandstorm Gold Profit Jump Masks Production Drop In Q2 2025
Sandstorm Gold Royalties (TSX: SSL) saw its Q2 2025 revenue climb 24% to $51.4 million versus $41.4 million a year earlier, even as attributable gold equivalent ounces slid 13% to 15,098 from 17,414. Net income also rose 61% to $16.9 million from Q2 2024’s $10.5 million, reflecting both the price tailwind and “record cash operating […]
B2Gold Profit Rebounds In Q2 2025 But AISC Spikes
B2Gold (TSX: BTO) posted gold revenue of $692.2 million in Q2 2025, a 41% jump from $492.6 million a year ago, as the average realized price leapt 40% to $3,290 per ounce. Total cost of sales rose a slower 22% to $340.8 million, allowing gross profit to expand 65% to $351.4 million. Operating income ballooned […]
Barrick Sells Off Alturas Project For $50 Million In Cash
Barrick Mining (TSX: ABX) has disposed of a non-core exploration asset that it has been developing since at least 2016. The firm has agreed to sell the Alturas project to a subsidiary of Boroo Pte Ltd. The Alturas project, found in Chile, is a greenfield discovery that was first announced in 2015, with the project […]
Canada Loses 41,000 Jobs In July While Unemployment Rate Remains At 6.9%
Canada’s labour market lost momentum in July, with national employment falling by 41,000, or 0.2 percent, marking a partial reversal after strong gains in June. The employment rate declined 0.2 percentage points to 60.7 percent, while the unemployment rate held steady at 6.9 percent. The setback was concentrated among youth aged 15 to 24, who […]
IAMGOLD Cash Flow Craters 46% In Q2 2025 Despite 51% Revenue Jump
IAMGOLD (TSX: IMG) posted its Q2 2025 results, with revenue jumping 51% to $580.9 million from $385.3 million a year ago. Cost of sales jumped 63% to $382.1 million, squeezing gross margin to 34.2% from 39.1% a year earlier. Operating income climbed 39% to $177.6 million, but higher interest expense and a doubling of income-tax […]
Constitution Sections Restored to Government Website After ‘Coding Error’
Key sections of the US Constitution that had disappeared from the government’s official website were restored Wednesday after the Library of Congress attributed their removal to a “coding error.” Article I, Sections 9 and 10, along with portions of Section 8, had been missing from the Constitution Annotated website operated by the Library of Congress. […]