New Gold Guides To 345,000 Ounce Production Midpoint In 2025
New Gold (TSX: NGD) has extended the life of mine of both the New Afton and Rainy River mines. The announcement was made in line with the release of its three year operational outlook last night after the close of markets. At New Afton, the reserve mine life has been extended to 2031, with annual […]
Kinross Gold Reports $1.42B Sales, $275.6M Net Earnings In Q4 2024
Kinross Gold (TSX: K) has announced its fourth-quarter and full-year 2024 results, with quarterly metal sales rising to $1.42 billion from $1.12 billion in the same period of 2023, reflecting higher realized gold prices of $2,663 per ounce compared with $1,974 a year earlier. This lift drove fourth-quarter operating earnings to $501.1 million, more than […]
Canada Vows to Fight US Metal Tariffs
US President Donald Trump plans to impose a 25% tariff on steel and aluminum imports from Canada starting March 12, prompting warnings of retaliation from its northern neighbor and largest metal supplier. Outgoing Prime Minister Justin Trudeau pledged to work with American officials and international allies to address what he termed “unacceptable tariffs,” warning of […]
US House Bill Introduced: Color Greenland “Red, White, and Blueland”
In a move that has sparked diplomatic head-scratching, Republican Rep. Buddy Carter introduced legislation that would authorize President Donald Trump to acquire Greenland from Denmark and rebrand the Arctic territory as “Red, White, and Blueland.” Titled the “Red, White, and Blueland Act of 2025” (H.R. 1161), the bill empowers the White House “to enter into […]
Study Examines Vision Loss Reports in Patients Taking GLP-1 Drugs
A new JAMA study is investigating ophthalmic complications in patients using semaglutide and tirzepatide, the active ingredients in drugs like Ozempic and Mounjaro, as concerns about potential vision risks emerge. The study documented vision problems in nine patients using GLP-1 receptor agonists. Seven developed nonarteritic anterior ischemic optic neuropathy (NAION), one experienced papillitis, and another […]
Acting DEA Chief Says Cannabis Review Is Not Dead—Yet—as Successor Looms
Trump nominee Cole’s anti-cannabis stance could alter course
Trump Tariffs After Tariffs: 25% On Steel And Aluminum On Top Of Initial 25% Generic Dues
A White House official confirmed that new 25% tariffs on steel and aluminum will be added to any existing duties on Canadian imports, resulting in a possible combined tariff of 50% on the two metals. President Donald Trump signed executive orders imposing these tariffs on Monday, intending to start enforcement by March 12. Previous threats […]
Will The New “Fentanyl Czar” Be Enough To Hold Trump Tariffs?
Ottawa has named Kevin Brosseau—once a deputy national security and intelligence adviser to Prime Minister Justin Trudeau—as Canada’s new “fentanyl czar.” This comes amid a tense standoff with Washington, which has threatened crippling tariffs unless Canada aggressively tackles the illicit fentanyl trade. Trudeau’s office announced the appointment late Tuesday. According to a government statement, the […]
South Korea Mint Suspends Gold Sales as Prices Hit Record
Trading volumes jump as global markets tighten
First Quantum Yields Positive Earnings In Q4 2024 Despite Cobre Panama Hole
First Quantum Minerals (TSX: FM) has announced its fourth quarter 2024 earnings, toplined by sales revenue of $1.26 billion in Q4, a marginal increase from $1.22 billion in Q4 2023. First Quantum saw a year-on-year rise in net realized copper prices from $3.62 per pound to $4.17 per pound, along with a modestly lower per-pound […]