McEwen Inc. announced a Pre-Feasibility Study (PFS) for its Grey Fox Project near Timmins, Ontario, projecting a 15-year mine life extension to 2041 and significant gold production growth at the Fox Complex. The project aims to increase annual gold output to about 87,000 ounces from 2028 to 2041, supporting McEwen's goal of 250,000–300,000 gold equivalent ounces by 2030. Initial capital expenditures are estimated at $181 million, expected to be funded mainly through cash flow without significant share dilution. The study highlights strong financial metrics, including a post-tax NPV of $282 million at $3,000/oz gold and $841 million at $4,500/oz, with IRRs of 25% and 55% respectively, and plans for construction to start in 2027 with production by 2029.
Bitcoin peaked at $126,000 in October 2025 before dropping over 30% to around $80,000 by December. Crypto market maker Keyrock linked this decline to a liquidity signal based on net U.S. Treasury bill issuance, showing an 8-month lag between Treasury...
Bitcoin Improvement Proposal 110 (BIP 110), which aims to limit certain non-financial transactions on the Bitcoin blockchain, faces opposition from key figures Adam Back and Michael Saylor. They argue that BIP 110 conflicts with Bitcoin's core princi...
Ethereum's price held steady around $1,800 as institutional investors recorded their first weekly net buying in nine weeks, signaling renewed confidence. Meanwhile, retail investors showed bearish sentiment by increasing selling volume in the perpetu...
Empery Digital's shares increased following the company's sale of Bitcoin assets. The funds raised will be used to support the development of a new AI data center project. This move highlights Empery Digital's strategic shift towards expanding its AI...
PepsiCo, a global leader in snacks and beverages, is currently trading near its 52-week low and offers a dividend yield of over 4%. Despite volume declines in North America due to pricing and consumer challenges, its international segments are drivin...
