Endeavour Silver Produces 7.6 Million Silver Equivalent Ounces in 2024
Endeavour Silver (TSX: EDR) reported this morning that in the fourth quarter it managed to produce 1.6 million silver equivalent ounces. Production consisted of 824,529 ounces of silver and 9,075 ounces of gold. Metal sales during the fourth quarter meanwhile totaled 654,519 ounces of silver and 8,343 ounces of gold. Fourth quarter production declined 21% […]
Torex Gold Hits Guidance Despite Multi-Week Shutdown After Fatalities
Torex Gold (TSX: TXG) managed to achieve its revised production guidance despite a major incident at its Morelos Complex in the fourth quarter, which saw the loss of three employees. Production for the fourth quarter hit 103,795 ounces, a decline of 13% compared to the third quarter, which can be attributed to a multi-week shutdown […]
Equinox Gold Sees Record Production Of 621,870 Ounces In 2024, Meeting Guidance
Equinox Gold (TSX: EQX) is reporting that it just experienced its strongest quarter and year of production in company history. The statement follows the company producing 213,960 ounces of gold in the fourth quarter of 2024. For the full fiscal year, Equinox produced 621,870 ounces of gold, with much of that production coming from two […]
Lundin Gold Beats 2024 Production Guidance With 502,029 Ounces Produced
Lundin Gold (TSX: LUG) has beat its previously provided production guidance for 2024. The mining firm last night reported total production of 502,029 ounces of gold for the full year, beating prior guidance of 450,000 to 500,000 ounces. Production came from its Fruta del Norte gold mine in Ecuador. The beat follows the company posting […]
LA Fires Kill Five, Destroy 1,000 Buildings as Winds Rage
Fast-moving wildfires ripped through Los Angeles on Wednesday, forcing 100,000 people to evacuate as flames devastated wealthy neighborhoods and iconic landmarks, killed five people, and destroyed more than 1,000 structures in what experts warn could be the breaking point for California’s fragile insurance market. Four major blazes remained uncontained, including a new fire that erupted […]
Tesla Faces Growing Crisis Over Failing Self-Driving Computers and Safety Concerns
Tesla Inc. (NASDAQ: TSLA) is facing significant backlash as customers report hardware failures with its latest Full Self-Driving computer, known as AI4.1. The issue, first identified in mid-2024, has left thousands of vehicles without critical safety features and increased scrutiny from regulators, including the National Highway Traffic Safety Administration. The malfunction in Tesla’s AI4.1 computer, […]
JPMorgan Joins Exodus of Big Banks Ditching Climate Alliance
Like a nail to the proverbial coffin, JPMorgan Chase & Co. (NYSE: JPM) has announced its withdrawal from the Net-Zero Banking Alliance. The bank’s departure, revealed on Tuesday, marks the culmination of a month-long exodus of the six largest U.S. banks from the coalition. JPMorgan’s decision follows similar announcements by Morgan Stanley (NYSE: MS), Citigroup […]
Thailand Becomes AWS’s New Digital Hub with $5 Billion Investment
Amazon Web Services, a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), has announced the launch of the AWS Asia Pacific (Thailand) Region. The development is part of AWS’s expansion into Southeast Asia, underscoring Thailand’s growing importance as a regional technology hub. The new region, comprising three availability zones, marks a step in AWS’s efforts to support […]
U.S. Congress Wants To Call Russia’s Actions in Ukraine “Genocide”
In a significant step toward formally addressing the atrocities committed during Russia’s war in Ukraine, a bipartisan coalition of U.S. lawmakers has introduced a resolution declaring Russia’s actions as genocide. The resolution reflects growing recognition of systematic violence and destruction that meets the criteria established under the United Nations Genocide Convention. The resolution, supported by […]
First Majestic Hits Guidance With 2024 Production Of 21.7 Million Silver Equivalent Ounces
First Majestic Silver (TSX: AG) (NYSE: AG) today reported its fourth quarter and full year 2024 production figures, highlighted by the company achieving guidance with total production of 21.7 million silver equivalent ounces for the year.