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 […]
OpenAI Deleting Evidence Case Widens After Court Orders Slack Retrieval
After suspicions of actively deleting evidence, OpenAI was ordered by court to produce internal Slack messages and emails about a supposedly deleted dataset sourced from the pirate library LibGen, a development that plaintiffs say could support willful infringement and spoliation arguments carrying damages up to $150,000 per work. The plaintiffs reportedly have already secured access […]
Sitka Drills 1.01 g/t Gold Over 107.9 Metres In Latest RC Gold Assays
Sitka Gold (TSXV: SIG) continues to see success with the drill bit, with the company reporting further assay results from a now completed drill program at their RC Gold Project in the Yukon. To date, sixteen of the seventeen holes conducted under the program are said to have intersected greater than 100 grammeters of gold […]
Heliostar Reports US$1.0 Billion NPV For Ana Paula Underground At $3,800 Gold
Heliostar Metals (TSXV: HSTR) has completed a preliminary economic assessment for the potential underground mine development of their Ana Paula Project in Mexico. The study has outlined a net present value of $426 million alongside an internal rate of return of 28.1% and a payback period of 2.9 years using a 5% discount rate and […]
Solaris Resources Outlines US$4.6 Billion NPV For Warintza Copper Project
Solaris Resources (TSX: SLS) has completed a pre-feasibility study on their flagship Warintza project, found in southern Ecuador. The study, which came with an updated mineral resource estimate and maiden mineral reserve filing, has outlined a low cost copper operation with a post-tax net present value of US$4.6 billion, an internal rate of return of […]
First Majestic Silver Breaks Free Cash Flow Record In Third Quarter
First Majestic Silver (TSX: AG) (NYSE: AG) has released their third quarter financial results, which saw multiple new records set as the price of silver continues to climb. The quarter was headlined by record quarterly revenue of $285.1 million, of which 56% was attributed to silver sales, which was up 95% year over year from $146.1 million in Q3 2024.
Tory MP Joins Liberals, Giving Carney Two Seats Away From Majority
Nova Scotia MP Chris d’Entremont left the Conservative caucus on Tuesday and joined the Liberals, moving Prime Minister Mark Carney one seat closer to a majority that would secure his mandate until 2029. “After serious consideration and thoughtful conversations with constituents and my family, I came to a clear conclusion: there is a better path […]
Ottawa To Scrap Oil And Gas Cap, Rewrite EV Mandate
Canada released a Climate Competitiveness Strategy that removes the proposed oil and gas emissions cap, begins a reset of the electric vehicle mandate, pares back new greenwashing provisions, revives accelerated writeoffs for LNG equipment, and cuts the marginal effective tax rate by more than two percentage points, which the government says will be the lowest […]
SSR Mining Tightens To Lower-Half Guidance As Costs Rise In Q3 2025
SSR Mining (TSX: SSRM) reported Q3 2025 revenue of $385.8 million, up 49.9% year over year from $257.4 million, driven by record realized prices. Cost of sales rose 19.8% to $165.7 million from $138.3 million, well below the pace of revenue growth, lifting operating income to $83.3 million from $9.0 million. Operating income margin expanded […]