Drill-Ready Mexican Gold Project with Only 15M Shares Outstanding | Questcorp with Saf Dhillon
In this interview at the Commodities Global Expo 2024, Saf Dhillon, President & CEO of Questcorp Mining Inc. (CSE: QQQ), provides insights into the company’s recent developments and his broader industry experience. Dhillon begins by discussing Questcorp’s recent letter of intent with Riverside Resources for the La Union gold project in Mexico’s Sonora belt. The […]
Vizsla Silver To Uplist To Toronto Stock Exchange
Vizsla Silver (TSXV: VZLA) on Friday indicated it has received conditional approval to up list to the Toronto Stock Exchange. The company has said it will continue to trade under the symbol “VZLA” once the uplisting is completed, with final approval remaining subject to certain customary conditions being met. A final date for the uplisting […]
Ontario Stakes $31M to Defend Legal Cannabis Revenue Stream
The battle against unauthorized cannabis sales in Ontario is receiving a big boost, with provincial authorities announcing a new $31 million enforcement campaign. The three-year initiative, revealed in the latest economic forecast, will strengthen the specialized cannabis enforcement unit led by the Ontario Provincial Police. Law enforcement officials are particularly concerned about the surge in […]
Nasdaq Delisting Looms For Super Micro Amid Auditor’s Resignation
Super Micro Computer (NASDAQ: SMCI) is at risk of being delisted from the Nasdaq following the abrupt resignation of its auditor, Ernst & Young (EY). The development comes as Nasdaq has imposed a November 16 deadline for the company to submit a compliance plan to avoid suspension, amplifying a crisis rooted in severe governance concerns […]
Centerra Gold’s Net Income Plunges 52% in Q3 2024 Amid Surging Costs and Slowing Production
Centerra Gold (TSX: CG) reported its third-quarter financial results for 2024, showcasing consistent operating performance yet grappling with notable pressures on revenue and production costs. The Toronto-based mining company achieved quarterly revenues of $323.9 million, a 6% decline compared to the $343.9 million generated in the same quarter last year. This year-over-year revenue drop, as […]
Behind Kazatomprom’s 17% Uranium Growth: Supply Delays, Rising Costs, and Mongolia Deal
Kazakhstan’s state-owned uranium giant Kazatomprom reported mixed operational results in its third-quarter 2024 update. While the company achieved strong production and sales growth year-over-year, supply chain disruptions and cost pressures have tempered some of these gains. In the third quarter of 2024, Kazatomprom’s uranium production increased by 17% year-over-year, reaching 3,142 metric tons, with a […]
FuboTV Sees 20% Revenue Growth But $54.7 Million Net Loss And Global Subscriber Drop Raise Concerns
Sports-focused live TV streaming service FuboTV Inc. (NYSE: FUBO) reported strong third-quarter revenue growth, marked by improvements in core financial metrics alongside a substantial reduction in net losses. Total revenue reached $386.2 million in Q3 2024, a 20% increase from the $320.9 million reported in the third quarter of 2023. This solid year-over-year performance was […]
Enbridge’s Q3 2024: Strong Revenue Growth Overshadowed by Mounting Acquisition and Financing Costs
Enbridge Inc. (TSX: ENB) reported its third-quarter 2024 results, toplined by GAAP earnings of $1.3 billion, or $0.59 per share, a significant increase from $0.5 billion, or $0.26 per share, in the same period last year. This 143% growth in GAAP earnings was largely driven by a $112 million gain from non-cash derivative valuations, a […]
Air Canada’s $2 Billion Profit Boosted by Tax Gains, Revenue Weakness Exposed
Air Canada (TSX: AC) has reported a notable profit increase in the third quarter of 2024, primarily driven by tax asset recognition. Despite these gains, the airline experienced a 4% year-over-year drop in operating revenue and lower adjusted earnings, hinting at operational pressures within a complex industry landscape. The airline reported a quarterly profit of […]
US Labor Market Adds Just 12,000 Jobs In October, Revises Down August And September Numbers
The U.S. labor market showed signs of cooling in October, with nonfarm payroll employment remaining essentially flat, adding just 12,000 jobs, according to the latest report from the U.S. Bureau of Labor Statistics. The unemployment rate held steady at 4.1%, unchanged from the previous month but higher than the 3.8% recorded a year ago. The […]