Lundin Mining Doubles Net Earnings In Q1 2025 As Free Cash Flow Turns Negative
Lundin Mining (TSX: LUN) posted its earnings for the first quarter of 2025, with revenue at $963.9 million, an 18.7% increase over Q1 2024’s $812.3 million. This is attributed to higher realized prices for copper ($4.63 per pound vs $4.20 per pound last year) and gold ($3,349 per ounce vs $2,400 per ounce last year), […]
BCE Slashes Dividend by 56% in Q1 2025, Announces Deal To Expand Into US
BCE (TSX: BCE) reported first quarter 2025 financial results, with operating revenues falling 1.3% YoY to $5.93 billion, down from $6.01 billion in Q1 2024 and also lower than Q4 2024’s $6.44 billion. Product revenue plummeted 7.4% to $758 million, while service revenue declined 0.4% to $5.17 billion, with Bell Communication and Technology Services acting as the […]
Aris Mining Q1 2025: Record Revenue, EPS Can’t Shield Earnings Decline
Aris Mining (TSX: ARIS) reported a sharp decline in net income for Q1 2025, dropping 89% to just $2.4 million from $21.7 million in Q4 2024, despite posting record gold revenues of $154.1 million—up 47% year-over-year and 4% quarter-over-quarter. Net income plummeted quarter-over-quarter due to a $16.6 million loss on financial instruments and a $6.0 […]
Dolly Varden Acquires Strikepoint Gold’s Porter Project In BC
Dolly Varden Silver (TSXV: DV) for the second time this week has expanded their claims within the golden triangle of British Columbia. The company this morning indicated they will be acquiring the Porter Project, which is found just outside of Stewart, from Strikepoint Gold (TSXV: SKP). The acquisition consists of 15 contiguous claims and 46 […]
First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall
First Majestic Silver (TSX: AG) (NYSE: AG) has reported its first quarter financial results, with the company setting several new records in the quarter as their financial performance continues to improve. The results were toplined by record revenue of $243.9 million, an increase of 130% on a year over year basis from $106.0 million in Q1 of 2024.
Ford Raises Prices on Mexico-Made Vehicles
President Trump’s tariff policies are now affecting consumer prices as Ford Motor Company (NYSE: F) becomes one of the earliest major automakers to raise prices on its Mexico-manufactured vehicles. Reuters, which obtained a copy of a dealer memo, reported that buyers will soon pay up to $2,000 more for popular models including the electric Mustang […]
Trump Announces End to US Airstrikes on Yemen’s Houthis
President Donald Trump announced Tuesday that the United States will immediately halt its bombing campaign against Yemen’s Iran-backed Houthi rebels following a ceasefire agreement mediated by Oman. “We’re going to stop the bombing of the Houthis, effective immediately,” Trump said during an Oval Office meeting with Canadian Prime Minister Mark Carney. Trump characterized the development […]
Vast Majority of Trump Meme Coin Investors Face Losses
The $TRUMP cryptocurrency has created a small group of winners and a vast sea of losers, with new data showing approximately 764,000 wallets have lost money on the controversial token, according to blockchain analytics firm Chainalysis as reported by CNBC. While 58 wallets have each earned over $10 million in profits, most have watched their […]
Canada Finds New Markets to Offset Trump Tariff Impact
Canada appears to have successfully pivoted its export strategy in response to US trade measures, with a dramatic 24.8% surge in shipments to non-US markets effectively neutralizing the impact of tariffs, according to Statistics Canada data released Tuesday. While exports to the United States declined 6.6% in March, the redirection of Canadian goods to international […]
Cenovus Energy Cuts Workforce Before Q1 Report
Cenovus Energy (TSX: CVE) has confirmed job reductions this week as it faces mounting pressure to improve performance ahead of its Q1 2025 earnings release tomorrow. The company cited structural reviews and project completions as the impetus for the layoffs, which affected both employees and contractors. “We have reviewed some team structures, which has led […]