IAMGOLD Extends Westwood Complex Life Of Mine To 2032

IAMGOLD (TSX: IMG) has extended the life of its Westwood mine complex after the completion of an updated mineral resource and mineral reserve estimate. The complex, which previously had an estimated life of mine through to 2025, has now extended its planned operations through to 2032. The remaining life of the mine is expected to […]

French PM Barnier to Resign After Historic No-Confidence Vote

French Prime Minister Michel Barnier is set to resign on Thursday following an unprecedented no-confidence vote that brought down his government after just three months in office, marking the first such parliamentary defeat in over 60 years. The motion passed with 331 votes, well above the required 288, as opposition parties united against Barnier’s controversial […]

Royal Bank of Canada Reports 11% Profit Growth for 2024 but Rising Costs

The Royal Bank of Canada (TSX: RY) reported its financial performance for fiscal year 2024, posting a net income of $16.2 billion, an increase of 11% year-over-year from $14.6 billion in 2023. This growth, however, comes with caveats as rising provisions for credit losses (PCLs) and a surge in operating expenses offset some of the […]

National Bank’s Q4 2024 Profit Jumps 27%, Yet Credit Losses Surge 41% 

National Bank of Canada (TSX: NA) reported its Q4 2024 financials, ending the quarter with a net income of $955 million, a 27% increase from $751 million in the fourth quarter of 2023. Diluted earnings per share (EPS) rose in tandem, reaching $2.66 compared to $2.09 in the same period last year. When adjusted for […]

Dollarama’s Q3 2024 Profits Climb 5.6% but Margins Slip Amid Rising Costs

Dollarama Inc. (TSX: DOL) delivered a mixed but steady performance in its fiscal third quarter ending October 27, 2024, posting a 5.7% increase in sales to $1.56 billion, compared to $1.48 billion in the same period last year. However, this growth marked a noticeable deceleration from the robust 14.6% sales growth recorded in Q3 of […]

Mystery Disease Claims 143 Lives in Congo’s Kwango Province

An unidentified disease killed 143 people in Democratic Republic of Congo’s southwestern Kwango province in November, sparking concerns among local authorities and health officials. The outbreak is centered in the rural Panzi health zone, where limited access to medical supplies has complicated the response. Provincial health minister Apollinaire Yumba and deputy governor Remy Saki reported […]

Canada Post Strike Is Costing Small Businesses $76 Million Per Day, Industry Group Reports

The ongoing Canada Post strike has inflicted substantial financial damage on small and medium-sized businesses, with losses mounting to $765 million in its first two weeks, according to the Canadian Federation of Independent Business (CFIB). The organization warns that costs could exceed $1 billion by Wednesday if the labor dispute continues. The strike’s impact has […]