Circle Internet Group reported $143 million in adjusted EBITDA for Q2 2026, slightly down from $151 million in Q1, while minting $83 billion worth of USDC stablecoins. The company holds a 27% share of the stablecoin market and USDC circulation stands at $72 billion, making it the second-largest stablecoin globally. The difference between minted and circulating USDC indicates high redemption activity. Circle's revenue depends on interest rates, as its reserves generate yield that supports earnings, meaning slower growth or lower rates could impact future profits.
Gold Strike Resources Corp. has joined the Yukon Mining Alliance, a group promoting Yukon as a top mining jurisdiction. This membership will help Gold Strike showcase its Florin Gold Project and other assets in the promising Tombstone Gold Belt, whic...
Hayasa Metals announced a non-binding term sheet for a Strategic Exploration Alliance with a major mining company to explore copper and critical metals in southern Armenia's Tethyan Belt. The alliance, funded by the major miner, aims to identify econ...
SAGA Metals Corp. reported significant progress on its two 100%-owned Labrador projects: the Radar Titanium-Vanadium-Iron Project and the Wolverine Heavy Rare Earth Element Project. The Northern Miner, a respected mining publication, conducted site v...
Beyond Minerals Inc. completed a private placement of a $50,000 unsecured convertible debenture with 10% interest, convertible into shares at $0.05 each, to fund general working capital. The company also elected to adopt semi-annual financial reporti...
Waraba Gold Limited has appointed Adam Cegielski as a new director to strengthen its board as the company advances its gold exploration efforts in West Africa. Cegielski brings extensive capital markets and mining sector experience, having raised sig...
