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- McFarlane Lake Mining Outlines Fully Funded 50,000-Metre Phase 2 Drilling Program at Juby Gold Project
McFarlane Lake Mining outlines a fully funded Phase 2 program of 50,000 metres of drilling over the next 12–15 months at its 100%-owned Juby Gold Project near Gowganda, Ontario, with three drills to be deployed before November 1, 2026. Two drills will expand known gold mineralization, while a third starts with infill drilling before testing priority new targets. The program is backed by a September 2026 financing that raised C$17.25 million gross and is nearly four times the 12,982 m drilled in Phase 1. The recently filed resource estimate reports 1.07 million ounces of Indicated gold at 0.96 g/t and 5.09 million ounces of Inferred gold at 0.87 g/t. A scoping study will begin this quarter with results by late Q2 2027, and an advanced exploration closure plan is targeted for early 2027.
- Fortitude Gold Reports Third Quarter 2026 Preliminary Gold Production
Fortitude Gold (OTCQB: FTCO) reported preliminary third-quarter gold production of 2,139 ounces, mined from the Pearl Deep, Scarlet South and County Line areas plus residual leach. The company targets continued production growth in future quarters. Full third-quarter financial results will be released with its Form 10-Q filing with the SEC.
- Tiger Gold Corp .: Tiger Gold Extends Mineralization to the South at Ceibal , Drilling 268 m @ 0 . 5 g / t Au from Surface
Tiger Gold (TSXV: TIGR) reported that drillhole CEDDH-023 at its Ceibal target in the Quinchía Gold Project, Colombia, intersected 268 metres grading 0.5 g/t Au from surface, extending mineralization south into a previously undrilled part of the corridor. Grades below 268 metres are generally under 0.2 g/t Au. Mineralization remains open to the west and southwest, where four holes are testing for extension. Three rigs are active at Ceibal, and the company targets a maiden Mineral Resource estimate near the end of Q1 2027.
- Renforth Resources intersects high-grade gold beneath surface showings at Parbec
Renforth Resources reported gold intercepts of up to 15.68 grams per tonne from two drillholes beneath surface gold showings at its wholly owned Parbec deposit in Malartic, Quebec, both within the open pit footprint of its April 2025 resource estimate. Hole PAR-26-149 returned 15.68 g/t over 0.85 metres, while PAR-26-150 returned 9.41 g/t over 4.05 metres, with both holes intersecting gold in areas not previously tested by drilling. Renforth will update its resource estimate using a gold price closer to current levels than the US$2,100 per ounce used in 2025, and will incorporate historic surface channels and the 2026 trench and drillhole results. The lab flagged two samples as uneven, consistent with the coarse, patchy gold distribution known as the nugget effect at Parbec. Parbec is contiguous to Agnico Eagle's Canadian Malartic Mine.
- TRX Gold to Present at Red Cloud's Fall Mining Showcase 2026
TRX Gold will present at Red Cloud's Fall Mining Showcase 2026, an in-person conference at the Omni King Edward Hotel in Toronto on October 28 and 29, 2026. Stephen Mullowney is scheduled to present on Thursday, October 29, 2026 at 12:00 PM Eastern. The release describes the company as a gold producer advancing the Buckreef Gold Project in Tanzania, which includes an established open pit and a 2,000 tonnes per day plant. The May 2025 PEA outlines average annual gold production of 62,000 oz over 17.6 years.
- Talamore Marks One Year at Coffee with Major Advances Toward a 2027 Construction Decision
Talamore Mining marks one year since closing its acquisition of the Coffee Gold Project in Yukon, Canada, from Newmont Corporation on October 17, 2025. The company has assembled a financing package of up to C$688 million, including a C$149.5 million equity offering, a C$450 million secured project debt facility and up to C$88 million from a warrant early-exercise program. A primary road permit received in August 2026 allows completion of the 214-kilometre Northern Access Route from Dawson City. The February 2026 Preliminary Economic Assessment outlined a 13-year open-pit heap leach mine with an after-tax NPV (5%) of US$2.3 billion and an after-tax IRR of 47.8%. G Mining Services is completing the Feasibility Study, expected in Q1 2027, ahead of a construction decision targeted for the first half of 2027.
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Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
- Zerohash rolls out a new tool to move crypto without copying wallet addresses
Zerohash launched AUTH, a service that lets users move crypto, stablecoins and blockchain-based stock tokens between linked exchange accounts or self-custody wallets without copying wallet addresses or choosing a blockchain network. To transfer, users pick an account in an app that offers AUTH, sign in and approve the move, while the service handles routing and settlement and each app sets which assets and transfer types it allows. AUTH supports more than 600 connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom, with Coinbase, Robinhood and Gemini live and Kraken in beta. The launch comes as Zerohash's application for a national trust bank charter, returned by the Office of the Comptroller of the Currency in July, remains pending after a narrower refiling on Aug. 18.
- 2 charts show why Wall Street is right to worry about tech stocks
Rising cost of capital could affect the financial statements of hyperscalers such as Oracle (ORCL) and Google (GOOG, GOOGL) in 2027, as they need fresh debt to fund AI infrastructure and free cash flow may turn negative. JPMorgan strategist Mislav Matejka forecasts hyperscaler free cash flow will turn negative in 2027, implying credit markets will drive more of the AI build-out. Consensus estimates for 2027 capital expenditures are already rising from levels experts believe are too low. Morgan Stanley sees total 2027 capex among hyperscalers reaching $1.6 trillion, up from $978 billion estimated for this year. Dan Ives of Yorkville expects capex to reach the trillions and over 1,000 datacenters to be built in the next few years.
- Update on loan rate cuts as of the evening of Oct 19: MB, VietinBank, SHB, OCB join in
SHB, MB, VietinBank and OCB have announced loan rate cuts, following Agribank, Vietcombank, BIDV, ACB, LPBank and VietBank, with typical reductions of 1.5-2% per year. MB is cutting 1.5% per year for five priority sectors, to rates from 7.9% per year, and up to 2% in some cases; VietinBank is cutting up to 2% per year, while OCB offers up to 2.25% per year on some medium- and long-term loans for OCB Priority Banking members. SHB is cutting 1.5-2% per year for businesses and households and offers rates from 5.5% per year for lecturers and students at some universities. Vietcombank commits to cutting at least 2% through year-end, BIDV applies rates from 6% per year on short-term VND loans from 15/10/2026, and VietBank runs a VND 3,000 billion package. Specific benefits depend on borrower type, loan purpose, term and program conditions, following directives from the Government and the State Bank of Vietnam.
- Nvidia wins CPU business from Modal, previously exclusive to AMD and Intel
Modal, a San Francisco-based AI cloud startup that previously ran its AI agent workloads only on Intel and AMD processors, will begin using Nvidia's new Vera CPU. Early tests showed the Nvidia chip doubled work capacity for AI agents, and Modal plans to run it alongside Intel and AMD chips, assigning each task to the most efficient hardware, though integration requires substantial software changes. Modal recently raised $750 million in a round led by Accel at a $15.75 billion valuation and expects $1 billion in sales over the next year, with usage tripled and revenue up more than 15 times year-over-year. Nvidia projects at least $20 billion in Vera chip revenue this fiscal year in a market it estimates at about $200 billion, and says OpenAI, Anthropic, Oracle and Perplexity also plan to use the chips.
- America's EV Plans Have Died
Billions of dollars went into EV factories, dealerships and marketing after President Biden set a goal for 50% of new US car sales to be zero-emission by 2030, but EV sales have since fallen sharply. US EV sales dropped 30.7% in the first nine months of 2026, after the $7,500 tax credit expired on September 30 last year, and gas prices near $4.50 per gallon have done little to lift them. According to Kelley Blue Book, the average transaction price of a new EV was $54,754 in August, above the $50,089 average for all new cars. Ford's EV sales fell 80.2% to 6,047 in the third quarter, and it has no new EV planned until its Fathom launches next year, while Tesla holds over 50% of the market and no other major automaker has even 10%. The article says EVs could recover if gas prices reach $5 and stay there for months, but that is uncertain.
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