New Found Gold Sees Kettell Exit Board With Appointment Of Chad Williams
New Found Gold (TSX: NFG) has seen its founder and former CEO, Collin Kettell, leave the company’s board of directors. A reason for his departure was not provided. Taking Kettell’s place on the board is that of Chad Williams, the Chairman and Founder of Red Cloud Mining Capital. Williams previously led Victoria Gold and served […]
BMO Q1 Earnings: Results Drive New Highs
We’re back to bank earnings week, with the Bank of Montreal (TSX: BMO) the second name to report its first quarter financial results this week among Canada’s big six banks. And while investors had a particular disdain for Scotiabank’s earnings, they took a liking to BMO’s results, with the equity closing out the day up […]
Cameco Q4 Earnings: Record Uranium Production
Oh, how the mighty have fallen. And quite frankly, it’s not even a result of poor performance. But rather, just investor sentiment. Cameco (TSX: CCO) is down over 29% since it’s all time highs recorded in December. And year to date, it’s down over 17%. And that’s after delivering pretty well on every bit of […]
Did Carlos Slim Just Tell Elon Musk to F Off?
Mexican billionaire Carlos Slim may have severed ties with Elon Musk’s Starlink, his company América Móvil reportedly announced, opting to invest $22 billion in its own telecommunications infrastructure over the next three years. Slim’s decision to cancel collaborations with Starlink across Latin America came after Musk retweeted a post that implied Slim had connections to […]
The Cranberries’ Company Sues Island Records Over Millions in Unpaid Royalties
The company representing Irish rock band The Cranberries has filed a lawsuit against Island Records, claiming the record label withheld millions in streaming royalties through questionable accounting practices. Curtain Call Limited, the Irish corporation formed in 1989 as a loan out corporation to provide the recording services of The Cranberries, filed the complaint in the […]
Trump Revokes Chevron’s Venezuela License, Triggering Oil Price Surge
President Donald Trump ordered the termination of Chevron‘s (NYSE: CVX) license to operate in Venezuela on Wednesday, accusing President Nicolas Maduro of failing to implement electoral reforms and reneging on agreements to accept deported Venezuelan migrants. Brent crude futures rose to $73.39 a barrel on Thursday, while US West Texas Intermediate crude climbed to $69.40, […]
First Majestic Silver Q4 Earnings: Record Free Cash Flow
The current precious metals price environment is having a massive impact on the earnings of producers this week. And one of the top names in silver is no exception to this.
Equinox Acquires Calibre Mining At A Discount
Another merger has been announced within the gold mining space, and well.. Investors are quite unhappy. Calibre Mining (TSX: CXB) is set to be taken out by Equinox Gold (TSX: EQX). But not for a premium. In fact it’s not even at market. It was at a slight discount to the closing price of Calibre […]
Newmont Q4 Earnings: Insane Free Cash Flow
When it comes to the gold mining sector, there’s a few different tiers of producers. First, you’ve got your small scale guys, doing under 100,000 ounces a year. Then you’ve got your small producers, that are sub about 300,000 in annual production. Next comes mid-tiers at a range of 300,000 to 1 million ounces, which […]
How’s Florida Supposed To Pay for Public Services If They Axe Property Taxes?
Florida Governor Ron DeSantis’s push to eliminate property taxes would require the state to find replacement revenue of approximately $43 billion or about $2,015 per capita to maintain current public services, according to a report by the Florida Policy Institute. The report, titled “A Risky Proposition: Weakening Local Governments by Eliminating Property Tax Revenue,” warns […]