Skeena Resources is shifting from a risky developer to a mid-construction precious metals producer, aiming to start production by Q2 2027. The company has secured all major permits, completed nearly half of the Eskay Creek project construction, and raised $750 million through senior secured notes to cover remaining costs and reduce streaming liabilities. Despite a 17.7% increase in capital expenditure to $659 million and a high price-to-book ratio, Skeena offers a rare opportunity for revaluation in a favorable jurisdiction with strong gold and silver exposure. Key risks include construction execution, debt servicing, and commodity price fluctuations, but successful project ramp-up could transform Skeena from a speculative developer to an emerging producer.
Crédit Agricole S.A. announced it will repay its senior non-preferred bonds issued on June 3, 2021, totaling ¥84.2 billion JPY, on July 6, 2026. The repayment will be at 100% of the principal plus accrued interest up to the repayment date. This move ...
Crédit Agricole S.A. announced it will redeem all outstanding ¥84.2 billion Japanese Yen callable senior non-preferred bonds issued in June 2021 on July 6, 2026. The redemption will be at 100% of the principal amount plus accrued interest, ceasing bo...
Anthropic, an AI company backed by Amazon and Google, is preparing for a major IPO potentially valuing it near $1 trillion. Co-founder Jack Clark cautions that the AI industry currently has no mechanism to slow development, likening it to having a ga...
In 2009, Nvidia CEO Jensen Huang predicted GPUs would surpass CPUs in computing importance, a vision now expanding as Nvidia launches new chips combining Arm-based CPUs and advanced GPUs. The RTX Spark Superchip aims to improve laptop battery life an...
Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential ...
