First Majestic Produces 2.0 Million Silver Ounces, 35,936 Gold Ounces In Q1
First Majestic Silver (TSX: FR) reported this morning that its first quarter production results amounted to a total of 5.2 million ounces of silver equivalent ounces. The figure, while marking a decline on a quarter over quarter basis, is inline with production guidance provided for 2024. The production figure consists of 2.0 million silver ounces, […]
Former Bank of Canada Governor Expects 2024 Budget To Be ‘The Worst Since 1982’
Former Bank of Canada Governor David Dodge voiced concerns about the upcoming 2024 federal budget, warning that it could be “the worst budget in decades.” Dodge, who served as Governor from 2001 to 2008, believes the budget being presented by Deputy Prime Minister and Finance Minister Chrystia Freeland on Tuesday is headed in the “wrong […]
Tenants Face Unexpected Tax Burden from Non-Resident Landlords
As if not being able to afford to buy a house wasn’t bad enough, a recent tax court case in Canada has brought to light an obscure law that can leave tenants on the hook for unpaid taxes owed by their non-resident landlords. Last year, a Montreal tenant was audited and ordered to pay six […]
Bitcoin Miners Bracing for Multibillion-Dollar Revenue Hit as Reward Halving Looms
The Bitcoin network is set to undergo its highly anticipated “halving” event around April 20th, which will slash the rewards miners receive for validating transactions on the blockchain in half. This programmed reduction, a feature built into Bitcoin’s core code by its anonymous creator Satoshi Nakamoto, is designed to maintain the cryptocurrency’s fixed supply of […]
Apple Relaxes Rules, Allowing First Emulator Apps on the App Store
Apple (Nasdaq: AAPL) has relaxed its rules to now allow game emulators on the iPhone and iPad. Just a week after the policy change, the first such apps have already appeared on the App Store. The two new emulators, Emu64 XL for Commodore 64 games and iGBA for Game Boy Advance and Game Boy Color […]
Calls Begin For Canada To Build A Full Nuclear Supply Chain
“Canada appears on the verge of a nuclear-power renaissance instigated by the need for reliable carbon-free energy, with the provinces and the federal government putting their weight behind a wide range of initiatives. How did we get here and what could be next for Canada’s nuclear fuel structure?” This is the question poised by Dr. […]
Is Barrick Gold About To Lose Its Mali Operations?
Barrick Gold (TSX: ABX) is facing escalating challenges in Mali as the country’s military government intensifies efforts to assert control over its lucrative mining industry amid increasing Russian influence. Since seizing power in a coup in 2021 and subsequently forming an alliance with Russian troops, Mali’s junta has focused on exerting authority over the mining […]
Is Tesla Bracing For Potential Layoffs?
Tesla (Nasdaq: TSLA) is facing growing rumors of substantial layoffs in the coming weeks, potentially impacting up to 20% of its workforce. This comes as the electric vehicle giant grapples with production issues and slowing demand for its vehicles. According to reports, Tesla has informed employees at its Gigafactory Texas that Cybertruck production shifts will […]
Cybeats Jumps 67% On Signing Of One Year Contract With European Telecom Giant
Cybeats Technology (CSE: CYBT) is a major market mover this morning, jumping as much as 105% before trading down to a current 67% gain. The jump follows the company revealing it entered into an agreement last month with a European telecom giant. The undisclosed party is said to be a “top 3 European telecom leader” […]
Verses AI Sees Over 3,700 Signups For Genius Public Beta Program
Verses AI (CBOE: VERS) this morning provided an update to shareholders on the current developments of the company, outlining recent progress made by the firm as it works towards commercialization of its products.