Lundin Gold Hits 173.98 g/t Gold Over 8.45 Metres
Lundin Gold (TSX: LUG) has seen substantial success in an exploration program conducted near its Fruta del Norte gold mine in southeastern Ecuador. The program has intersected the highest grade mineralization to date at the FDN South deposit. Highlights from the results include: Holes UGE-S-24-212 and UGE-S-24-313 are said to represent the highest grade intercepts […]
Equinox Gold To Acquire Calibre Mining At Discount To Market
There’s about to be one less producer in the mining space, with Equinox Gold (TSX: EQX) announcing this morning that it will be acquiring Calibre Mining (TSX: CXB) in an all-stock transaction for no premium. The combination is being billed as an “at-market” transaction, which will see Calibre merged into Equinox to create an Americas-focused […]
Musk’s Federal Worker Ultimatum Backfires as Agencies Assert Authority
Top national security agencies have defied Elon Musk’s bid to force federal workers to justify their jobs, revealing limits to the tech billionaire’s authority as Trump’s efficiency consultant. FBI Director Kash Patel’s swift rejection of Musk’s demand sparked a cascade of defiance from national security agencies. “The FBI, through the Office of the Director, is […]
Osisko Gold Royalties Q4 Earnings: Production Down, Earnings Up
The royalty business isn’t an easy one. First, you risk millions of dollars acquiring a royalty for an asset who’s production profile is usually a few years away at the best of times. Then, once in production, your earnings are beholden to the ability of other management teams to execute on production plans in a […]
Alamos Gold Q4: Extremely Positive Record Revenue
Well folks we’ve finally got a producer this week reporting positive earnings. Extremely positive. Record revenue for the fourth consecutive quarter positive. And on top of that, they actually managed to meet guidance. Which seems like it might be a bit of a low bar, but based on results released by other operators so far […]
New Gold Q4 Earnings: Mixed Results
New Gold (TSX: NGD) has released its fourth quarter results and well.. They’ve failed to hit guidance. Even after cutting the initial guidance they had issued for 2024. At least on a production basis that is. But they’ve made up for it by beating cost guidance. So its a bit of a mixed bag of […]
Elon Musk’s Federal Deals Spark Conflict-of-Interest Fury
Elon Musk’s myriad corporate interests—Tesla, SpaceX, X, xAI, Neuralink, Starlink, and the Boring Company—have already pocketed an estimated $20 billion in US government contracts and subsidies, according to a Financial Times report. Yet the billionaire’s new role within the Trump administration has triggered fierce legal and ethical disputes, with multiple states accusing him of violating […]
B2Gold Q4 Earnings: “Underdelivering At Every Turn”
“The biggest problem is B2 keeps underdelivering at every turn.” Wise words from Bigguboi over on the CEO.ca board, which came following the release of B2Gold’s (TSX: BTO) latest results. As has been the trend this week, issuers reporting earnings this week seem to be posting underwhelming results consistently, and B2Gold was no exception. The […]
US Court Rejects Tesla’s Bid to Block Battery Technology Sales
A US federal judge has rejected Tesla‘s (Nasdaq: TSLA) bid to stop Matthews International Corp (Nasdaq: MATW) from selling battery technology, rejecting the electric vehicle maker’s claim of trade secret theft. Tesla sought a temporary restraining order as part of its $1 billion lawsuit against Matthews, which it accuses of sharing confidential battery electrode technology […]
Lundin Mining Q4 Earnings: Focused On The Long Game
One of the benefits of falling behind on earnings coverage, is we get to see the market reaction to the results. In the case of Lundin Mining (TSX: LUN), it appears that Mr. Market was in favour of the earnings, with the equity trading up over 4%. In fairness, the company saw record copper and […]