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% […]
Arkansas Could Hold World’s Largest Lithium Reserve for EV Batteries
A groundbreaking study led by the US Geological Survey has identified an enormous lithium reserve in southwestern Arkansas that could potentially revolutionize the US supply chain for electric vehicle batteries. Using innovative machine learning techniques and water testing, researchers estimate the Smackover Formation contains between 5 and 19 million tons of lithium. Even at the […]
The ‘Code Red Petition’: Is Justin Trudeau on the Brink of Losing His Party’s Support?
In the wake of several political defeats and declining popularity, Prime Minister Justin Trudeau is facing increasing pressure from within his own party to step down as leader of the Liberal Party of Canada. Recent reports have surfaced about a “Code Red Petition,” a document allegedly signed by a growing number of Liberal MPs, calling […]
Auditor General Launches Full Probe of GC Strategies’ $107M Government Contracts
Canada’s Auditor General Karen Hogan announced Monday she will conduct a comprehensive audit of all government contracts awarded to GC Strategies, its predecessor Coredal, and related companies, expanding beyond the controversial ArriveCan app investigation. Responding to a formal request from the House government operations committee, Hogan confirmed in letters to House Speaker Greg Fergus and […]