Lundin Gold Triples Net Income in Q1, Launches New Variable Dividend
Lundin Gold (TSX: LUG) reported its first quarter 2025 financials, with net income of $153.5 million—nearly tripling year-on-year from $41.9 million. This resulted from the company’s 57% jump in revenue to $356.3 million from $226.7 million in Q1 2024, powered by a steep rise in realized gold prices to $3,081 per ounce—up 44% from $2,141 […]
Franco-Nevada’s Record Revenue In Q1 2025 Overshadowed By Cash Flow Plunge
Franco-Nevada (TSX: FNV) reported its Q1 2025 results, with total revenue surging 43% YoY to $368.4 million, buoyed by elevated gold prices and new production streams. The financials reflect higher cost of sales, which rose 16% year-over-year to $106.9 million, including $68.4 million in depletion and depreciation. Other operating expenses nearly doubled to $8.0 million, […]
Wheaton Taps Inventory to Fuel Record Revenue in Q1 2025 as Production Lags
Wheaton Precious Metals (TSX: WPM) reported its financial results for the first quarter of 2025. Revenue soared 58.5% to $470.4 million from $296.8 million in Q1 2024. While sales volumes of gold and silver rose 21.0% and 10.2% respectively, palladium sales plummeted by 48.5% and cobalt sales declined 14.2%. Overall GEOs sold jumped 16.2% to […]
Aya Gold & Silver Reports Decline In Recoveries In April As Throughput Increases At Zgounder
Aya Gold & Silver (TSX: AYA) is eager to demonstrate the success of their expansion at the Zgounder Silver Mine in Morocco, announcing this morning production results for the month of April as they continue to scale production. The mining rate at the operation reportedly increased to 2,750 tonnes per day in April, as compared […]
Sponsored · Selkirk Copper Mines
Chevy’s Electric Work Truck Sets New Range Record
General Motors’ (NYSE: GM) 2025 Chevrolet Silverado EV Work Truck set a new benchmark for electric vehicle range, traveling 539 miles on a single charge during testing by automotive website Edmunds, surpassing its EPA estimate by 47 miles. Priced at $77,795, the Silverado Work Truck represents the entry-level variant in the Silverado EV lineup. It […]
Beijing Finally Agrees to Talk Trade with Washington
China has confirmed that Vice Premier He Lifeng will meet with US Treasury Secretary Scott Bessent in Switzerland from May 9 to 12, about two weeks after Beijing firmly denied Washington’s claims that negotiations were already taking place. In late April, Chinese Foreign Ministry spokesperson Lin Jian categorically said: “Any claims about the progress of […]
B2Gold Q1 2025: Cash Flow Crashes 75% Despite 50% Profit Jump
B2Gold (TSX: BTO) delivered mixed Q1 2025 financial results, continuing the trend of rising revenue due to higher gold prices but seeing declines in volume. The quarterly report is toplined by revenue of $532.1 million for the quarter, up 15.3% from $461.4 million in Q1 2024, benefiting from a steep rise in the average realized […]
Trump to Scrap Biden-Era Global AI Chip Curbs
The Trump administration is preparing to rescind the Biden-era “AI diffusion rule,” an export control framework that divided countries into three tiers of chip access. Set to take effect on May 15, the policy was aimed at curbing indirect semiconductor flows to China, but it now faces a rapid overhaul as Trump’s team drafts a […]
Sponsored · Selkirk Copper Mines
Gates-Bezos Mining Venture Plans Entry into Congo’s Contested Lithium Sector
KoBold Metals is expanding into central Africa with plans to acquire rights to a major lithium project in the Democratic Republic of Congo, marking a significant move for the mining startup whose investors include tech billionaires Bill Gates and Jeff Bezos. The company aims to invest $1 billion into developing southern sections of the Manono […]
BREAKING: Habemus Papam! Conclave Elects First American Pope To Lead 1.4B Catholics
White smoke rose from the Sistine Chapel at 6:07 p.m. Vatican time, signaling that after just two days and four ballots, the College of Cardinals had reached the consensus to elect the 267th pope of the Roman Catholic Church. The new pontiff, Cardinal Robert Francis Prevost, will take the name Pope Leo XIV. This marks […]