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Sandstorm Gold Reports Output Drop in Q1 2025 Despite Record Revenue

Sandstorm Gold (TSX: SSL) has reported its financial results for Q1 2025, with revenue surging 17% YoY to a record $50.1 million, up from $42.8 million in Q1 2024. Net income rebounded sharply to $11.3 million from a $3.9 million loss a year earlier. Operating cash flows jumped to $40.8 million, a 25% increase from […]

Kinross Gold Triples Profit In Q1 2025 But Costs Hit 9-Year High

Kinross Gold (TSX: K) has posted its results for Q1 2025, reporting quarterly revenue of $1.50 billion, a 38% jump from $1.08 billion in Q1 2024. This is driven by a spike in the average realized gold price to $2,857 per ounce. However, production remained flat, with attributable output slipping 3% to 512,088 gold equivalent […]

IAMGOLD Q1 2025: Record Revenue Can’t Offset Rising Cost, Leading To Earnings Drop

IAMGOLD Corporation (TSX: IMG) reported Q1 2025 results marked by record revenues of $477.1 million—up 41% from $338.9 million a year ago—driven by a sharp rise in gold prices and initial contributions from Côté Gold. Gold sales totaled 165,000 ounces, and the average realized gold price hit $2,731 per ounce—up 32% year-over-year. However, this topline […]

Barrick’s Gold Output Falls 30%, Costs Surge 22% Despite Earnings Beat In Q1 2025

Barrick Mining (TSX: ABX) posted its Q1 2025 results, with revenue jumping to $3.13 billion, up 14% YoY from $2.75 billion, driven primarily by a 40% YoY increase in realized gold prices to $2,898 per ounce. However, revenue declined 14% QoQ from $3.65 billion, reflecting weaker production volumes and lower copper sales. Cost of sales […]

Montage Gold Takes 9.9% Stake In Aurum Resources Via Equity Swap Deal

Montage Gold (TSX: MAU) has formed yet another strategic partnership with a regional explorer in Cote d’Ivoire. The latest partnership is with ASX-listed Aurum Resources, who has a portfolio of exploration properties adjacent to Montage’s assets in the Boundiali greenstone belt. The strategic arrangement will see Montage take a 9.9% interest in Aurum for a […]

Dolly Varden Plans 35,000 Metres Of Drilling In 2025

Dolly Varden Silver (TSXV: DV) is planning another big year for exploration at its wholly owned Kitsault Valley Project in British Columbia’s golden triangle. The company this morning revealed it plans to drill test 35,000 metres under this year’s exploration program. Exploration in 2025 is set to focus on expanding high grade mineralization at the […]

GTA Home Sales Slump To 30-Year Low In April

Greater Toronto Area home sales plunged 23% year-over-year in April, marking the slowest non-pandemic April for housing activity in nearly three decades, the Toronto Regional Real Estate Board reported Tuesday. Only 5,601 properties changed hands last month, compared with 7,302 in April 2024. On a seasonally adjusted basis, transactions edged up 1.8% from March. The […]

RIP Skype: Microsoft Shuts Down Service To Focus On Teams

Microsoft (Nasdaq: MSFT) shut down its iconic internet communication service Skype on Monday after nearly 22 years of operation, redirecting users to its Teams platform. The closure, announced on February 28 by Microsoft, marks the end of a service that pioneered online voice and video calling. Originally launched by a group of engineers in 2003, […]

Sheinbaum Stands Firm Against US Military Presence On Mexican Soil

Mexican President Claudia Sheinbaum firmly rejected a proposal from US President Donald Trump to deploy American troops on Mexican soil to combat drug cartels, reaffirming her country’s commitment to territorial sovereignty. “Sovereignty is not for sale. Sovereignty is loved and defended,” Sheinbaum told supporters at an event in eastern Mexico on Saturday, responding to what […]

Under Pressure, OpenAI Scraps For-Profit Restructuring

OpenAI has abandoned its controversial plan to convert into a for-profit company and will instead maintain its nonprofit governance structure while transforming its commercial subsidiary into a public benefit corporation (PBC). The decision comes after pressure from several fronts, including discussions with attorneys general from California and Delaware, criticism from former employees, and an ongoing […]