Ivanhoe Mines Sees Record Production At Kamoa-Kakula In 2024
Ivanhoe Mines (TSX: IVN) has released its production results for 2024 across its assets in the Democratic Republic of the Congo, along with guidance for 2025. The company saw record quarterly production at Kamoa-Kakula, with the mine producing 133,819 tonnes of copper in concentrate, a 15% improvement over the performance in the third quarter. For […]
Equinox Gold Extends Fazenda Mine Life To 2033 Following Reserve Update
Equinox Gold (TSX: EQX) has extended the mine of its Fazenda Mine in Brazil. The mine, which has been in operation since 1984, has seen its life extended to 2033 following the update of a mineral reserve and mine resource estimate. Total reserves at the mine are said to total 763,000 ounces of contained gold […]
GoGold Reports Q4 Production Of 551,337 Silver Equivalent Ounces
GoGold Resources (TSX: GGD) was one of several producers this morning to report its fourth quarter production results. The company saw production of 551,337 silver equivalent ounces during the quarter. Production further broke down into 226,343 silver ounces, 3,213 gold ounces, 121 tonnes of copper and 161 tonnes of zinc. For the full fiscal year, […]
Jaguar Mining Fined US$52.5 Million For Tailings Collapse In Brazil
Jaguar Mining (TSX: JAG) has been hit with a substantial fine following the collapse of its dry stack tailings at its Turmalina mine in Minas Gerais, Brazil. Operations at the mine remain suspended as a result of the collapse, which the company is referring to as a “slump”, with remediation efforts ongoing. The firm has […]
G Mining Sees 2024 Production Of 63,566 Gold Ounces
The preliminary numbers are in for G Mining Ventures’ (TSX: GMIN) fourth quarter. The company reported gold production of 40,147 ounces for the three month period. Gold sold during the quarter meanwhile came in at 39,938 ounces. The figures represent a beat on prior production targets, with the company previously calling for Q4 production of […]
Sandstorm Gold Reports 2024 Production Of 72,800 Gold Equivalent Ounces
Early data has been released on the performance of Sandstorm Gold (TSX: SSL) for the fourth quarter of 2024. The firm this morning released both sales and revenues figures, in addition to reiterating a long term production forecast. In the fourth quarter, the company saw sales of 17,700 attributable gold equivalent ounces, which recording revenue […]
Trump Escalates Bid for Greenland, Says He Won’t Rule Out Force
Donald Trump Jr. landed in Greenland’s capital Tuesday for what he called a tourist visit, hours after his father, the US president-elect, raised diplomatic tensions by suggesting he might use military or economic pressure to bring both the Danish territory and the Panama Canal under American control. “I can’t assure you on either of those […]
Six Former Apple Employees Face Charges Over Charity Match Scheme
Six former Apple Inc (NASDAQ: AAPL) employees have been charged with defrauding the tech giant of approximately $152,000 through its charitable donation matching program, the Santa Clara County District Attorney’s Office announced. The defendants, led by Siu Kei (Alex) Kwan, allegedly orchestrated a scheme between 2018 and 2021 that exploited Apple’s employee gift-matching program while […]
Key Trump Ally Dana White’s Appointment To Meta Board Sparks Debate Over Expertise and Politics
Meta Platforms Inc. (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp, announced Monday the appointment of Ultimate Fighting Championship President Dana White to its board of directors. The move has sparked widespread debate, given White’s lack of tech industry experience and his well-documented ties to U.S. President-elect Donald Trump. The appointment, which also […]
IBKR Increases Margin Requirements for MicroStrategy Products
Interactive Brokers (Nasdaq: IBKR) has reportedly announced an increase in margin requirements for MicroStrategy Inc. (Nasdaq: MSTR) products, effective January 8-13, 2025. The broker will raise maintenance margin requirements to a minimum of 50% for all MicroStrategy-related positions, including stocks and equity options. What’s noteworthy is the timing, with market speculation regarding legacy positions from […]