Walmart to Pay $7.5M for Illegal Waste Disposal in California
Walmart (NYSE: WMT) has agreed to a $7.5 million settlement with California over allegations of illegally disposing hazardous waste in municipal landfills across the state. The settlement, announced Tuesday by California Attorney General Rob Bonta, addresses the improper dumping of various toxic materials including batteries, aerosol insecticides, cleaning supplies, electronic waste, and latex paints. The […]
Media Giants Take FTC to Court Over New “Click-to-Cancel” Rule
An industry group, representing Comcast, Disney, and Warner Bros. Discovery, is challenging the Federal Trade Commission’s (FTC) new rule that requires subscription cancellations to be as simple as signing up. Filed in the U.S. Court of Appeals for the Fifth Circuit, the lawsuit argues that the rule places unreasonable burdens on businesses. The case was […]
Rogers Posts 126% Profit Jump in Q3 2024 Amid Wireless Boom and $7B Debt Deal
Rogers Communications (TSX: RCI.A, RCI.B) reported its financial results for the third quarter of 2024, posting a total revenue of $5.13 billion for Q3 2024, marking a 1% year-over-year increase compared to $5.09 billion in Q3 2023. This modest revenue growth was driven by the company’s strong wireless business and its media segment, which saw a […]
Gold Royalty Sees 90% Revenue Surge in Q3 2024
Gold Royalty Corp. (NYSE: GROY) has reported a 90% year-over-year increase in total revenue, land agreement proceeds, and interest for the quarter, reaching $2.6 million—up from $1.4 million in the same period of 2023. This marks an approximate 160% increase in revenue alone, driven by successful strategic acquisitions and stronger-than-expected performance from key assets such […]
New Found Gold Hits 104.62 g/t Gold Over 2.1 Metres At Kingsway
New Found Gold (TSXV: NFG) has received positive drill assays from the recently acquired Kingsway Project, which is adjacent to the northern portion of the firms Queensway Project. Highlights from the drill results include: Six diamond drill holes were conducted at the property at a deposit referred to as Pistachio, which was intended as a […]
Santacruz Silver Produces 4.6 Million Silver Equivalent Ounces In Q3
Santacruz Silver Mining (TSXV: SCZ) this morning reported production results for the third quarter of 2024. The company managed to produce a combined 4.6 million silver equivalent ounces. Production declined 3.6% from the second quarter, which saw 4.8 million silver equivalent ounces produced. Third quarter production, when broken down, consisted of 1.7 ounces of silver, […]
Montage Gold Secures US$825 Million Financing Package For Kone Gold Mine
Montage Gold (TSXV: MAU) has secured a massive financing package that will enable the company to proceed with the development of its Kone gold project in Cote d’Ivoire. The package, valued at US$825 million, is to be funded in combination by Wheaton Precious Metals (TSX: WPM) and Montage’s strategic shareholder Zijin Mining. The transaction is […]
Trudeau Government to Cut Immigration Targets by 120,000 Through 2027
The Canadian government is set to announce a significant reduction in immigration numbers Thursday, marking a dramatic shift from years of steady increases under Prime Minister Justin Trudeau’s leadership. The new plan, according to a scoop from The National Post, will decrease permanent resident intake from 485,000 in 2024 to 365,000 by 2027, representing a […]
Boeing Workers Reject Contract Offer, Strike Continues into Seventh Week
Boeing (NYSE: BA) factory workers have voted decisively against the company’s latest contract proposal, extending a strike that has halted production at key facilities in Washington state. The International Association of Machinists and Aerospace Workers (IAM) announced that 64% of voting members rejected the offer, which included a 35% wage increase over four years. The […]
Newmont Sees 84% Revenue Jump In Q3 2024 Riding On Surging Gold Prices, Rising Costs Temper Margins
Newmont Corporation (TSX: NGT) reported its third-quarter 2024 financial results at closing bell on Wednesday, showcasing robust revenue growth driven by higher gold prices. However, rising costs, weaker non-gold metal performance, and concerns around shareholder returns have tempered the quarterly performance. The mining giant posted $4.6 billion in revenue for Q3 2024, marking an 84% […]