Altamira Gold Sees Aura Minerals Increase Stake To 18.2%
Altamira Gold (TSXV: ALTA) has seen a major shareholders increase their stake in the company rather significantly. Aura Minerals (NASDAQ: AUGO) last night indicated that they had acquired further shares to grow their 11.3% interest in the company.
Endeavour Silver Grows Production 88% In Q3, Records Net Loss On Derivative Contracts
Endeavour Silver (TSX: EDR) posted their third quarter financial results this morning, highlighted by revenue growth of 109% on a year over year basis to $111.4 million, up from $53.4 million. That revenue improvement follows silver equivalent production growing 88% year over year from 1.62 million ounces of silver equivalent to 3.04 million ounces of […]
Wheaton Posts Record Earnings Of $367 Million In Third Quarter
It’s not just the gold producers that are achieving record revenue in this earnings cycle, royalty names are too. Wheaton Precious Metals (TSX: WPM) on Thursday evening released their third quarter financial results, headlined by topline revenue of $476.3 million, versus $308.3 million in the year ago period, a 54.5% improvement year over year. That […]
OpenAI Seeks Federal Loan Guarantees For Chips
OpenAI asked Washington for help guaranteeing financing for AI chips and data centers, with CFO Sarah Friar saying that federal loan guarantees could “really drop the cost of the financing” and raise loan-to-value ratios for the company’s expansion. Friar said OpenAI is “looking for an ecosystem of banks, private equity, maybe even governmental” partners to […]
Lundin Mining Hits $1B-Revenue Mark In Q3 2025, Raises Copper Guidance
Lundin Mining (TSX: LUN) reported Q3 2025 revenue of $1.00 billion, up 15% year over year from $873.1 million. Management cited higher realized copper and gold prices and lower treatment charges, partly offset by lower sales volumes at Candelaria and higher depreciation. Consolidated realized prices were $4.61 per pound for copper and $3,889 per ounce […]
Eby Joins First Nations Urging Ottawa To Hold The Tanker Ban
BC Premier David Eby and coastal First Nations signed a declaration urging Ottawa to keep the North Coast oil tanker ban, warning that repeal would “cheat” BC’s economy out of thousands of jobs and “billions of dollars” in investment while risking irreversible ecological damage. Eby argued that a single spill could wipe out billions of […]
B2Gold Swings To A Net Income In Q3 2025, Trims Goose Guidance After Plant Issues
B2Gold (TSX: BTO) reported Q3 2025 gold revenue of $782.9 million, up 74.6% year over year from $448.2 million, as ounces sold rose 38.4% and the average realized price climbed 26% to $3,133 per ounce. Total cost of sales increased 25.3% to $392.6 million on slightly higher production costs of $195.2 million, higher depreciation and […]
Trump Tariffs Odds Plunge After Supreme Court Presses Executive Limits
The odds that the Supreme Court will uphold President Donald Trump’s tariffs collapsed to as low as 18% during Wednesday’s oral arguments, reflecting broad skepticism from the justices about whether emergency powers law authorizes sweeping import taxes. The court convened to test whether the International Emergency Economic Powers Act permits the White House to impose […]
Equinox Gold Q3 2025 Revenue Jumps 91% On Soaring Prices
Equinox Gold (TSX: EQX) delivered quarterly revenue of $819.0 million in Q3 2025, up 91% year over year from $428.4 million, driven by realized price and output jumps. The company sold 239,311 ounces at an average realized price of $3,397 per ounce, up 38% year over year. Income from mine operations increased to $280.1 million, […]
Federal Cuts About To Get Underway, Ottawa Targets 40,000 Roles
Ottawa will reduce the federal public service by about 40,000 positions as part of $60 billion in program and administration cuts over the next five years while the Bank of Canada plans a 10% staff reduction. The internal message frames Budget 2025 as built on new investments and “a new way for government to invest […]