Andean Precious Metals Saw 85% Net Income Jump In Q2 2025 Despite Volume Drop
Andean Precious Metals (TSX: APM) reported a modest 6% year-over-year rise in Q2 2025 revenue to $73.7 million, driven by sharply higher realized prices—$3,316 per ounce for gold versus $2,305 per ounce a year ago and $34.36 per ounce for silver versus the prior $27.80 per ounce. Gross operating income more than doubled to $29.4 […]
Artemis Gold Posts First Profitable Quarter on Blackwater Ramp-Up In Q2 2025
Artemis Gold (TSXV: ARTG) reported its first profitable quarter following Blackwater’s transition to production. Revenue for Q2 2025 was $231.1 million versus nil last year as first gold and silver sales commenced. Production costs were $55.4 million and depreciation and depletion were $7.8 million, producing gross profit of $167.9 million and a gross margin of […]
Silver47 Identifies 35 Mineralized Prospects Across 55 Km Trend At Red Mountain
Silver47 Exploration (TSXV: AGA) has identified multiple exploration targets that are said to have high potential for discovery at their Red Mountain project near Fairbanks, Alaska.
i-80 Posts Q2 Net Loss Of $30.2 Million As Development Continues
i-80 Gold (TSX: IAU) is the latest name to report their second quarter financial results, posting topline revenue of $27.8 million, which was a 287.5% improvement over the $7.2 million in revenue recorded in the year ago period. The figure follows gold sales of 8,400 ounces at an average price of $3,301 per ounce. That […]
Air Canada Decries Impasse, Shutdown Looms This Week
Air Canada escalated contingency plans after flight attendants served a 72-hour strike notice, with a walkout set for August 16. The airline responded with its own lockout notice effective an hour later the same day and will begin cancelling flights on Thursday, expanding cancellations on Friday, and halting all Air Canada and Air Canada Rouge […]
Iran Warns Tehran Could Run Dry Within Weeks as Drought Persists
Iran’s capital could run out of water within weeks as the country faces its fifth consecutive year of drought, officials warned, with key reservoirs supplying Tehran’s 10 million residents dropping to critically low levels. President Masoud Pezeshkian said Thursday that without immediate conservation efforts, “there won’t be any water in dams by September or October.” […]
Romania Declares Energy Emergency After Suspected Russian Sabotage of Oil Supply
Romania has declared a crisis-level energy emergency after discovering that 184,000 tons of Azerbaijani crude oil bound for a major refinery had been contaminated with corrosive chemicals in what sources familiar with the investigation suspect was deliberate Russian sabotage. The contaminated oil, transported via the Baku-Tbilisi-Ceyhan pipeline through Turkey, contained dangerously high levels of organic […]
US Wants 15% Cut On AI Chip Sales To China In Exchange For License
Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) have reportedly agreed to remit 15% of revenue from China AI-chip sales to the US government in exchange for export licenses—an unprecedented revenue-sharing requirement that reshapes the rules of US–China tech trade. The arrangement covers Nvidia’s H20 and comparable AMD parts destined for China. The Commerce Department has […]
China Tries To Ram Filipino Ship On PH Waters, Hits Their Own
A Chinese People’s Liberation Army Navy destroyer collided with a China Coast Guard ship while hounding a Philippine Coast Guard patrol near Bajo de Masinloc on Monday. The incident occurred roughly 10.5 nautical miles east of Panatag Shoal, according to PCG–WPS spokesperson Commodore Jay Tarriela. A six-second clip showed the approach and contact. Tarriela said […]
Ontario First Nation Seeks to Halt Ring of Fire Mining Development
Marten Falls First Nation has launched a legal challenge to block government participation in northern Ontario’s Ring of Fire mining project, dramatically reversing its previous support for the resource development. The community announced the court action at a Thursday press conference, marking a significant shift from its earlier position supporting the controversial mining project. Court […]