Orvana Minerals Q1 2026: Revenue, Margin Pops Failed To Save Net Loss
Orvana Minerals (TSX: ORV) posted Q1 FY2026 revenue of $32.0 million, up from $21.7 million in Q1 FY2025 and $23.5 million in Q4 FY2025, while net income flipped to a $7.2 million loss from $1.4 million profit a year earlier and narrowed versus a $12.0 million loss in the prior quarter. Mining costs were $15.5 […]
STLLR Receives Recovery Permit For Hollinger Tailings Project Under New Ontario Framework
STLLR Gold (TSX: STLR) has made history as the first company to receive a permit under the new Recovery of Minerals regime in Ontario. The new framework, which is focused on streamlining and accelerating approvals for mineral recovery and remediation of historic mine sites, has seen the first permit issued to STLLR for their Hollinger […]
Fokus Mining To Be Acquired For $0.26 Per Share In Cash By Lassonde-Backed PrivateCo
Fokus Mining (TSXV: FKM) shareholders are set to be paid out in cash following an announcement this morning that the company has agreed to be acquired. The arrangement will see the privately held Gold Candle Ltd acquire the company for cash following the signing of a definitive agreement. Shareholders of Fokus are set to receive […]
Silver Short Interest Hits Highs As Miners Turn Volatile
Silver miner short interest has climbed to a recent high, with the sub-industry carrying roughly $2.35 billion to $2.4 billion of shares sold short while spot silver and miner equities swing sharply off late-January peaks. Spot silver is up 150% over the past year and up 17% year-to-date in 2026, but is down 31% from […]
Global Nuclear Power Generation Hits All-Time High in 2025
Nuclear power plants worldwide produced more electricity in 2025 than in any previous year, reversing two decades of stagnation in the industry, the International Energy Agency said. Global nuclear generation reached 2,850 terawatt-hours last year, according to the IEA’s Electricity 2026 report published February 6. The figure marks a 1.2% increase from 2024 and surpasses […]
Indonesia Orders Largest Nickel Mine to Slash Ore Output
Indonesia has ordered output cuts at PT Weda Bay Nickel, the world’s biggest nickel mine, by sharply reducing its ore production quota for 2026 in a move designed to support global nickel prices. The mining firm has been told it will receive a 2026 ore production quota of 12.0 million tons, down from 42.0 million […]
Canada Makes Payments for 14 Additional F-35 Jets Despite Ongoing Review
The Canadian government has begun paying for components needed to build 14 more F-35 fighter jets while publicly maintaining that its fighter aircraft purchase remains under review, according to sources with knowledge of the procurement process. The long-lead payments commit Canada to jets beyond the 16 F-35s already under contract, though officials have declined to […]
Anthropic Safety Head Abandons Tech for Poetry, Warns of Global Crises
Mrinank Sharma, who led AI safety research at Anthropic, resigned Monday, warning that “the world is in peril” and that the company struggles to let its stated values govern its actions. Sharma announced his departure on X, sharing a resignation letter that drew more than 7 million views. The letter describes a world facing multiple […]
Mining Sector Drives Canada IPO Revival Amid Strong Commodity Prices
Canada’s mining sector is fueling renewed interest in public listings, with strong commodity prices and global demand positioning Toronto exchanges to attract resource companies despite broader market headwinds. Toronto Stock Exchange operator TMX Group now has about 1,600 companies in its pipeline at varying stages of listing, CEO John McKenzie said in an interview with […]
US Oil Production Faces First Decline in Five Years as Rig Counts Plummet
US crude oil production will decline in 2027 for the first time in six years, ending a run of record output that made the nation the world’s largest oil producer. The Energy Information Administration projects US crude production will remain near the 2025 record of 13.6 million barrels per day in 2026 before falling 2% […]