Freeman Gold Sees Lemhi Project NPV Improve To $648 Million Under Revised PEA Pricing
The economics for Freeman Gold’s (TSXV: FMAN) Lemhi Gold Project in Idaho keep improving. The company this morning released the results of a revised preliminary economic assessment, following an update to the price sensitivity analysis of the study. The revised PEA has outlined an after-tax net present value (5% discount) of $329 million and an […]
Sandstorm Gold Reports Prelim Cash Operating Margin Of $2,507 An Ounce In Q1
The current gold environment has assisted Sandstorm Gold (TSX: SSL) in masking its decline in gold production. The royalty and streaming company last night indicated that despite lower production in the first quarter of 2025, preliminary revenue has improved substantially on a year over year basis. Sandstorm in the first quarter sold 18,500 ounces of […]
Aris Mining Posts Q1 Production of 54,763 Gold Ounces
Aris Gold (TSX: ARIS) last night released its first quarter production results, with the company posting a quarter over quarter decline in gold production. Aris in the first quarter produced 54,763 ounces of gold, which was down from 57,364 ounces of production in the fourth quarter of 2024, but up versus the 50,767 ounces of […]
‘5 Planes Full of iPhones’: Apple Rushes Shipments to US Ahead of Trump Tariffs
Apple (Nasdaq: AAPL) reportedly flew five cargo planes loaded with iPhones and other products from manufacturing centers in Asia to the United States in late March, racing to beat President Donald Trump’s sweeping new tariffs that took effect on April 5. According to The Times of India, the emergency shipments arrived over just three days […]
Kimbal, Elon Musk’s Brother, Calls Out Trump For “Permanent Tax” On US Consumer
Kimbal Musk, a director at Tesla (NASDAQ: TSLA) and brother of Elon Musk, has launched a fierce critique of President Donald Trump’s trade policies. In a recent social media post, Kimbal openly questioned Trump’s legacy, suggesting that the tariff regime he introduced amounts to “the most high tax” approach in generations. “Through his tariff strategy, […]
Trump Reopens Door for Japanese Takeover of US Steel
President Donald Trump directed national security officials on Monday to reconsider Japanese steelmaker Nippon Steel‘s (TYO: 5401) bid for US Steel (NYSE: X), potentially reviving a deal blocked by his predecessor Joe Biden. Trump instructed the Committee on Foreign Investment in the United States to submit a report within 45 days evaluating the proposed acquisition, […]
China Denies Role in WeChat Campaign Targeting Canada’s Carney
Canadian security officials have identified a Chinese government-linked information operation on WeChat aimed at influencing Chinese communities in Canada regarding Prime Minister Mark Carney, authorities said on Monday. The Security and Intelligence Threats to Elections task force traced the operation to Youli-Youmian, WeChat’s most popular news account, which intelligence reports link to China’s Communist Party’s […]
India Scraps Gold Deposit Program After Underwhelming Results
India has terminated a decade-old program that allowed citizens to deposit gold with banks in exchange for interest payments, keeping only short-term options alive in a move reflecting the scheme’s limited success. The Finance Ministry announced Tuesday it would discontinue medium and long-term deposits under its Gold Monetization Scheme effective March 26, while allowing banks […]
‘I Don’t Shut Up’: Tempers Flare Between Smith and Carney
Prime Minister Mark Carney and Alberta Premier Danielle Smith traded barbs this week after Carney mocked Smith’s appearances on US conservative media. At a weekend rally in Victoria, Carney joked about Ontario Premier Doug Ford’s efforts to address US tariffs on Canadian goods through Fox News appearances. “We’re sending Doug Ford on to Fox News […]
Hefty Surcharges for China-Built Ships Threaten To Upend US Maritime Ops
The US Trade Representative’s office is reportedly expected to announce a new rule that would impose fees of up to $1.5 million per port call for ships built in China, and between $500,000 and $1 million for carriers that merely own or have on order a single China-made vessel. “Ocean carriers have announced that to […]