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Orla Mining To Purchase Musselwhite Gold Mine For $810 Million In Cash

Orla Mining (TSX: OLA) is set to transform from a single asset producer to that of a mid-tier producer, with the firm this morning announcing the acquisition of the Musselwhite Gold Mine from Newmont Corp (TSX: NGT). The transaction will see Orla pay $810 million in up front consideration, along with $40 million in gold-price […]

Prosecutors Seek 21-Year Prison Term for Archegos Founder Hwang

US prosecutors have requested a 21-year prison sentence for Archegos Capital Management founder Bill Hwang, whose market manipulation scheme led to the collapse of his $36 billion firm and caused more than $10 billion in losses for lenders. Federal prosecutors in Manhattan filed late Friday for Hwang to forfeit $12.35 billion and pay restitution to […]

First Majestic Silver Q3 Earnings: Revenue Jump & MAJOR Transaction

First Majestic Silver (TSX: AG) (NYSE: AG) has seen another quarter of sequential growth.

Hut 8 Corp Q3 Earnings: Riding A Bitcoin Rally

Hut 8 (TSX: HUT) is back in the spotlight following Bitcoin’s meteoric rise past $93,000 and a strong Q3 earnings report. The company posted $44 million in revenue, a 101% year-over-year jump, beating analyst expectations of $39 million. While Bitcoin mining revenue dipped due to the 2024 halving event, managed services quadrupled, driving the impressive […]

i-80 Gold Q3 Earnings: Complete Disaster

I-80 Gold’s (TSX: IAU) Q3 earnings were catastrophic, with the company recording a 13% revenue decline and suffering massive losses. Gold sales plunged 33%, and costs skyrocketed, leaving I-80 with a mine operating loss of $4.5 million and a net loss of $38 million. Despite raising $114 million this year, the company faces significant cash […]

Shopify Q3 Earnings: Crushing Every Metric

Shopify (TSX: SHOP) delivered an electrifying Q3 earnings report, sending its stock soaring by as much as 27%. Revenue climbed 26% year-over-year to $2.16 billion, outpacing consensus estimates of $2.12 billion. The company’s subscription solutions and merchant solutions each grew over 25%, and free cash flow jumped by 53%, showcasing the tech giant’s robust growth. […]

New Study Shows Carbon Pricing Raises Food Prices, Hits Low-Income Canadians Hardest

A study from Dalhousie University and Canadian research institutions finds that while Canada’s carbon pricing policy has driven down greenhouse gas emissions, it has also raised food costs, disproportionately impacting low-income households. The study, titled “Implications of Carbon Pricing on Food Affordability and the Agri-Food Sector in Canada: A Scoping Review,” details the dual pressures […]

Cameco Q3 Earnings: A Mixed Bag

When it comes to the retail investor, few sectors have as rabid a following as the uranium sector. And the leader of that sector, at least in terms of the Canadian market, is Cameco Corp (TSX: CCO), who reported their third quarter results on November 7. And if there were ever someone looking for the […]

Millennials Pay 40% More Than Boomers Did for Senior Benefits

Canadian millennials are paying 20% to 40% more in income taxes to support retirement benefits than baby boomers did at the same age, according to a new analysis from Statistics Canada’s Social Policy Simulation Database comparing 35-year-olds in 2022 versus 1976. The shift comes as Canada’s senior population has more than doubled to 19% from […]

Wheaton Precious Metals Q3 Earnings: Strong Cash Flow, Revenue Miss

Every now and then, it feels like the market gets the response wrong to an earnings report. For us, that might be what happened to Wheaton Precious Metals (TSX: WPM) and its Q3 results. It seems the market just doesn’t want to reward a strong report, after over exuberant analysts got the forecast wrong on […]