American Eagle Gold Sees South32 Take 19.9% Interest In Company For $29 Million
American Eagle Gold (TSXV: AE) has received a major vote of confidence from Australia-based South32 (ASX: S32), which is a spinout from BHP Billiton focused on diversified metals and mining. The mining major has agreed to make a strategic investment into American Eagle, following the success it has seen at its NAK project in British […]
Power Nickel Intersects 3.82% Copper Equivalent Over 19.6 Metres At Lion Zone
Power Nickel (TSXV: PNPN) continues to hit high grade mineralization at its Lion Zone, a new discovery at its flagship Nisk project in Quebec.
Freegold Hits 1.23 g/t gold Over 170.7 Metres At Golden Summit
Freegold Ventures (TSX: FVL) has intersected long lengths of gold mineralization at its Golden Summit project in Alaska. The intercepts come from an ongoing drill program which saw four holes drilled as part of a program focused on facilitating metallurgical testing. Four holes were drilled as part of this metallurgical program, with one hole focused […]
OpenAI’s ‘Orion’ Model Shows Diminishing Returns —Report
Artificial intelligence company OpenAI’s next flagship model, code-named Orion, demonstrates smaller performance improvements compared to previous iterations, The Information has reported, citing company employees familiar with the matter. Internal testing reportedly showed that while Orion surpasses existing models overall, the advancement gap is less significant than that observed between GPT-3 and GPT-4, the company’s previous […]
Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.
Well, well, well. What do we have here? A faltering telecom oligopoly in Trudeau’s Canada? Say it ain’t so! BCE Inc (TSX: BCE), or Bell as most people call it, reported their third quarter results on Thursday and lets just say, they’ve had better days. Massive impairments. Constrained growth. Guidance cuts. The results had it […]
Germany Looks To Modernize Military Recruitment But Stops Short of Conscription
The German government approved a draft law Wednesday requiring young men to complete a mandatory survey about their readiness to serve in the Bundeswehr, Germany’s armed forces. The initiative comes as part of broader efforts to strengthen the military amid growing security concerns in Europe following Russia’s invasion of Ukraine. Under the proposed law, all […]
Bitcoin Mining’s Reality Check: When a Coin Costs More Than It’s Worth
Bitcoin mining has never been for the faint-hearted, but the latest data from CoinShares reveals an industry squeezed by soaring production costs, financial losses, and fierce competition. As Bitcoin’s block reward halves every four years, the race for profitability among miners grows more brutal. CoinShares’ recent report for Q3 2024, penned by James Butterfill and […]
Alamos Gold Q3: Record Revenue & Production Amid Rising Costs
Folks, we’ve got another great quarter in the books for a gold producer. Alamos Gold (TSX: AGI) this past week reported its third quarter financial results, and well, the word “record” appears in the release a number of times on all the right line items. The market may not appreciate it just yet after the […]
The Junior Mining Market Is Back
For junior mining investors, 2024 has been a mixed bag of patience and promise. While the price of gold and silver has been skyrocketing to levels unseen in over 20 years, junior mining stocks haven’t kept pace. Many investors who poured money into small cap exploration companies expecting them to follow gold’s surge are getting […]
Barrick Gold’s Q3 Earnings: Is Guidance Shot?
Another gold major has reported, and another gold major has failed to meet analyst expectations. It’s been a bit of a rough quarter for senior gold producers here in Q3 2024, and it appears that Barrick Gold (TSX: ABX) didn’t want to be an exception to that rule, after failing to hit analyst consensus on […]