Alamos Gold Raises Cost Guidance, Upstaging 128% Profit Jump In Q2 2025
Alamos Gold (TSX: AGI) posted a paradoxical second quarter: revenue leapt 32% YoY to $438.2 million from Q2 2024’s $332.6 million, driven by a 38% jump in the realized gold price to $3,223 per ounce and a 10% production rebound. Alongside, cost of sales rose 16% YoY to $200.7 million, compressing the cost-of-sales margin to […]
Cameco Profit Quadruples In Q2 2025 On Westinghouse Gains
Cameco (TSX: CCO) posted a quarterly revenue jump to $877 million in Q2 2025, 47% above $598 million a year earlier. The surge lifted gross profit an identical 47% to $257 million from last year’s $175 million. As a result, net earnings rocketed to $321 million (or $0.74 per share) from just $36 million (or […]
B2Gold Begins Mining Fekola Underground
B2Gold (TSX: BTO) is set to begin underground mining operations at their Fekola Mine in Mali, which follows the receipt of approval the state for underground operations. Stope production has already begun at the underground portion of the complex, which follows 9,300 metres of previously completed development work. Production in 2025 is estimated at 25,000 […]
St Augustine Outlines $4.18 Billion After-Tax NPV For Kingking Copper-Gold project
St Augustine Gold and Copper (TSX: SAU) has updated the results of a preliminary feasibility study for their flagship Kingking copper-gold project in the Philippines. The update is said to allow the company to begin work on a definitive study and expedite the start of construction. The revised PFS has identified that Kingking currently has […]
Ivanhoe Mines Slashes Output Guidance, Q2 2025 Profit Drops 48%
Ivanhoe Mines (TSX: IVN) delivered a bruising second-quarter that pairs record throughput at Kamoa-Kakula with a stark erosion in margins, cash generation, and leverage metrics. Kamoa-Kakula booked $875 million in revenue, a 7% YoY jump from $817 million in Q2 2024 but a 10% drop from $973 million in Q1 2025. A jump in copper […]
Trump Says Epstein ‘Stole’ Teen Worker From Mar-a-Lago Spa Who Later Became Trafficking Victim
President Donald Trump said this week that Jeffrey Epstein “stole” young women from his Mar-a-Lago resort’s spa, including Virginia Giuffre, who was 16 at the time and later became a leading voice among Epstein’s accusers before dying by suicide earlier this year. Trump’s comments, made Tuesday aboard Air Force One, provide his most comprehensive explanation […]
Gold Could Hit $4,000 as Fed Cuts Loom
Gold prices could surge to $4,000 per ounce by the end of 2026 as the Federal Reserve cuts interest rates and central banks continue unprecedented buying sprees, according to predictions from major financial institutions. Fidelity International‘s multi-asset fund manager Ian Samson said the firm expects gold to reach the milestone as the Fed moves to […]
Australia Lifts 22-Year Ban on Canadian Beef
For the first time in more than two decades, Canadian beef producers can export to Australia after authorities there completed a biosecurity review and removed trade barriers that officials imposed during the 2003 mad cow disease crisis. The Canadian Food Inspection Agency announced Tuesday the end of restrictions that began when authorities first detected bovine […]
Opinion: Mark Carney Should Focus Fast Tracking Efforts On The Nuclear Supply Chain
Canada right now is caught up in a wave of nationalism. That wave follows actions and decisions made by the governing party of the day to the south of us. Phrases such as “elbows up” dominated our recent election cycle, which ultimately led Mark Carney and his Liberal party to resuming control of Parliament. Despite […]
Trump Sets Ten-Day Tariff Clock On Russia To Force Ceasefire With Ukraine
President Donald Trump tightened the screws on Russia, warning that “tariffs and the various things you put on” will land on Russia—and anyone buying its exports—unless “clear progress” toward ending the Ukraine war emerges within ten days. “I’ve had no response from Putin. It’s a shame,” Trump told reporters aboard Air Force One, adding he […]