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 […]
Franco Nevada Q3 Earnings: The Road To Recovery
Last quarter we published our first coverage of Franco-Nevada’s (TSX: FNV) earnings, and, quite rightly, referred to the results as being a bit of a sh*tshow. The company’s second quarter results were marred by the loss of a major royalty over political activism in Panama, poor production at two key assets, and increased taxes. Unfortunately […]
Saudi Arabia Weighs $100 Billion AI Investment Plan, Sources Say
Saudi Arabia is looking to launch an ambitious artificial intelligence venture dubbed “Project Transcendence,” with potential investments reaching up to $100 billion, according to a recent report from Bloomberg, which cites people familiar with the matter. The kingdom aims to establish itself as a leading technological hub in the Middle East. The state-backed initiative will […]