Canaan Inc. reported a net loss of $97.6 million in Q2 2026 due to lower bitcoin prices and inventory write-downs, despite mining 243 bitcoins and maintaining a record crypto treasury of 1,915 BTC and 3,952 ETH. Revenue fell to $31.9 million from $62.7 million in Q1, impacted by weaker demand for mining rigs and bitcoin price pressure. The company repurchased $7.4 million worth of shares funded partly by selling some cryptocurrency, aiming to balance liquidity and long-term value. Canaan plans to continue optimizing mining operations, upgrading equipment, and exploring cost-efficient power sources to support its compute-plus-energy infrastructure strategy.
Ivanhoe Mines updated the Mineral Resource estimate for the Makoko District in the Western Forelands, DRC, revealing 42 million tonnes of indicated copper at 2.66% grade and 612 million tonnes inferred at 1.80%. This makes it the largest and highest-...
Robinhood's tokenized AMC product briefly traded at a significant premium over AMC's actual stock price during the U.S. Labor Day weekend, reaching $18.04 while AMC shares closed at $2.54. This premium occurred when U.S. markets were closed, limiting...
Orvana Minerals' Bolivian subsidiary, EMIPA, has successfully produced its first gold-silver doré bar from processing oxides stockpiled at the Don Mario site. This milestone confirms the expanded Don Mario Plant's metallurgical performance aligns wit...
WELLTRUST™, a patient consent database managed by WELL Health Technologies, has exceeded 100,000 consents since its launch in February 2026. The platform uses HEALWELL's DARWEN™ AI to match patients with clinical trials, improving recruitment speed a...
Mayfair Gold Corp. reported progress in its 2026 summer exploration program at the Fenn-Gib gold project in Ontario, including detailed geological mapping, sampling, and condemnation drilling that confirmed infrastructure site suitability. The compan...
