Before heading to the Caribbean, Joseph Cheetham casually tossed a pair of white linen pants into his suitcase – never expecting them to become the most indispensable item of his entire trip. In the scorching heat and oppressive humidity of the Dominican Republic, these COOFANDY relaxed-fit linen pants accompanied him through beaches, restaurants, sightseeing trails, and resort evenings. Despite the heat, moisture, and packed itinerary, he barely thought about changing out of them. Back in the U.S., he wrote in his Men’s Health review: “If linen pants didn’t exist, summer dressing would be a whole lot harder.”
Why does this sub-$30 pair earn a professional editor’s seal of approval?
Breathable, Non-Sticky, Relaxed All Day
The secret to its lightweight, breathable, and non-clingy summer comfort lies in its blended fabric – 67% viscose, 20% polyester, 12% linen, and 1% cotton. The lightweight, subtly textured material feels soft and dry to the touch, staying non-stuffy and non-sticky even in high heat. Machine-wash and hang – it naturally falls smooth with no ironing needed, making it incredibly low-maintenance.
As for the silhouette, it features a relaxed yet not slouchy cut. The drawstring waist is adjustable, offering ample freedom of movement for the thighs and knees. The hem falls naturally to the top of your shoes, striking a perfect balance between casual and semi-formal – from beachside brunches to evening bars, one pair of pants comfortably covers your entire day.
pair with the COOFANDYKnit Polo for double the freshness
A great pair of pants is only the beginning. To complete a truly effortless summer aesthetic, the COOFANDY Men’s Knit Polo Shirt makes the perfect companion.
Crafted from soft, skin-friendly knit fabric with stretch and breathability, this polo is suitable for spring, summer, and autumn. The 1/4-button placket with a knit collar, along with elastic cuffs and hem, keeps the shape sharp and polished. Wear it with linen pants for a beach vibe, swap to dress trousers for the office, or layer with a jacket when temperatures shift – it handles every scenario with grace.
Under $30, outperforming its price tag
In his Men’s Health review, Joseph admits COOFANDY’s craftsmanship doesn’t match premium labels like Todd Snyder, but at $29.99, the comfort far exceeds the price. No need for costly travel-specific pieces – it’s lightweight, soft, non-clingy, wrinkle-resistant, comes in multiple colors, and transitions seamlessly back to city commutes with a polo and loafers.
When heat and sweat become the daily norm, dressing should be simpler. From a Dominican resort to your next destination, COOFANDY linen pants + knit polo let you spend your time on the views, not your closet.
Visit the COOFANDY official website or search “COOFANDY Linen Pants” on Amazon now. Sizes range from S to XXL, with an adjustable drawstring waist to ensure a comfortable fit for most body types.
Excent Capital, the global multi-asset regulated trading platform that builds and owns its technology, announces a strategic partnership withBridgeWise, a global leader in artificial intelligence for investment analysis. Through this collaboration, AI-powered market analysis is now available on the Excent Capital website, at no cost and open to all traders.
Excent Capital develops its technology entirely in-house, giving the company full control over the quality of the investor experience and the speed with which innovative solutions meet traders. This approach made the partnership possible. The company selected BridgeWise to bring institutional-grade analysisdirectly to its audience, integrated natively into the Excent Capital experience and accessible to every visitor.
“We chose BridgeWise because they build solutions tailored to each partner, and that approach reflects exactly what we want to offer our clients: an experience designed specifically for them.” Jethran Gómez, Technology Leader at Excent Capital.
More Knowledge, Better Decisions
BridgeWise applies proprietary artificial intelligence, built specifically for financial markets, to analyse thousands of listed companies worldwide. The result is a consolidated view of market data and company analysis, bringing together information that can support research activities.
That intelligence is now freely available to every visitor, so any trader can research an asset and build a clear understanding of it before taking a position.
Clear Analysis, Made for Traders
The Analysis IQ resource, powered by BridgeWise, is presented in plain language, designed to be read quickly and applied directly. Traders can see how a company is performing, how it compares with its peers, and what is driving its results.
For each asset, the Analysis IQ widgets on Excent Capital answer questions every trader asks:
“How strong is it?” A clear score summarises the overall picture in seconds.
“How does it compare?” A side-by-side view places the asset alongside similar instruments and shows where it stands within its sector.
“What is the market signalling?” Technical and fundamental indicators highlight what is moving and what deserves closer attention.
A Complete View of Every Stock
A single search in Analysis IQ brings the full picture together: what is driving a stock’s price, how it has performed over time, and where it sits within its sector. The tool covers stocks from markets around the world, consolidating research that previously required multiple sources into one view.
Analysis IQ is updated as new data arrives. When the market moves, the analysis moves with it.
“Excent Capital shares our conviction that not only should advanced market intelligence be accessible to every investor, but they should be able to access it in the most intuitive and personalised way. Together we are setting a new standard for the experience that traders can expect from their broker.” Dor Eligula, CBO and Co-founder at BridgeWise.
Analysis IQ is live now on the Excent Capital website, open to all visitors. The launch is the latest step in a continuing programme of new resources and features, and reflects Excent Capital’s commitment to giving traders the tools and information they need to navigate global markets with clarity.
About Excent Capital
Excent Capital Ltd. is a multi-asset trading platform built on technology the company designs, develops and operates itself. That ownership shapes every part of the client experience, from execution and security to the tools available on the platform. Over five years of consistent growth, Excent Capital has expanded its presence across multiple regions while keeping its infrastructure and service delivery fully in-house, a model that allows the company to set its own standards and raise them continuously. With offices across Latin America and Europe, the company supports clients in their own languages and time zones, backed by local teams who work to the same standards wherever they are based.
About BridgeWise
BridgeWise is an investment AI for financial institutions. Embedded directly into financial platforms, our regulated investment AI powers a premium guided investment experience for every type of investor, 24/7. Leading global financial institutions, including Rakuten Securities, B3 and SIX, trust BridgeWise to reshape their investment experience and drive deeper customer relationships, turning loyalty into new pathways for growth. With offices in the US, Latin America, Europe, East Asia and the Middle East, BridgeWise serves over 100 financial institutions and 100+ million investors worldwide.
Excent Capital, the global multi-asset regulated trading platform that builds and owns its technology, announces a strategic partnership withBridgeWise, a global leader in artificial intelligence for investment analysis. Through this collaboration, AI-powered market analysis is now available on the Excent Capital website, at no cost and open to all traders.
Excent Capital develops its technology entirely in-house, giving the company full control over the quality of the investor experience and the speed with which innovative solutions meet traders. This approach made the partnership possible. The company selected BridgeWise to bring institutional-grade analysisdirectly to its audience, integrated natively into the Excent Capital experience and accessible to every visitor.
“We chose BridgeWise because they build solutions tailored to each partner, and that approach reflects exactly what we want to offer our clients: an experience designed specifically for them.” Jethran Gómez, Technology Leader at Excent Capital.
More Knowledge, Better Decisions
BridgeWise applies proprietary artificial intelligence, built specifically for financial markets, to analyse thousands of listed companies worldwide. The result is a consolidated view of market data and company analysis, bringing together information that can support research activities.
That intelligence is now freely available to every visitor, so any trader can research an asset and build a clear understanding of it before taking a position.
Clear Analysis, Made for Traders
The Analysis IQ resource, powered by BridgeWise, is presented in plain language, designed to be read quickly and applied directly. Traders can see how a company is performing, how it compares with its peers, and what is driving its results.
For each asset, the Analysis IQ widgets on Excent Capital answer questions every trader asks:
“How strong is it?” A clear score summarises the overall picture in seconds.
“How does it compare?” A side-by-side view places the asset alongside similar instruments and shows where it stands within its sector.
“What is the market signalling?” Technical and fundamental indicators highlight what is moving and what deserves closer attention.
A Complete View of Every Stock
A single search in Analysis IQ brings the full picture together: what is driving a stock’s price, how it has performed over time, and where it sits within its sector. The tool covers stocks from markets around the world, consolidating research that previously required multiple sources into one view.
Analysis IQ is updated as new data arrives. When the market moves, the analysis moves with it.
“Excent Capital shares our conviction that not only should advanced market intelligence be accessible to every investor, but they should be able to access it in the most intuitive and personalised way. Together we are setting a new standard for the experience that traders can expect from their broker.” Dor Eligula, CBO and Co-founder at BridgeWise.
Analysis IQ is live now on the Excent Capital website, open to all visitors. The launch is the latest step in a continuing programme of new resources and features, and reflects Excent Capital’s commitment to giving traders the tools and information they need to navigate global markets with clarity.
About Excent Capital
Excent Capital Ltd. is a multi-asset trading platform built on technology the company designs, develops and operates itself. That ownership shapes every part of the client experience, from execution and security to the tools available on the platform. Over five years of consistent growth, Excent Capital has expanded its presence across multiple regions while keeping its infrastructure and service delivery fully in-house, a model that allows the company to set its own standards and raise them continuously. With offices across Latin America and Europe, the company supports clients in their own languages and time zones, backed by local teams who work to the same standards wherever they are based.
About BridgeWise
BridgeWise is an investment AI for financial institutions. Embedded directly into financial platforms, our regulated investment AI powers a premium guided investment experience for every type of investor, 24/7. Leading global financial institutions, including Rakuten Securities, B3 and SIX, trust BridgeWise to reshape their investment experience and drive deeper customer relationships, turning loyalty into new pathways for growth. With offices in the US, Latin America, Europe, East Asia and the Middle East, BridgeWise serves over 100 financial institutions and 100+ million investors worldwide.
Sunny Isles Beach, United States, July 20th, 2026, FinanceWire
BinBase, a provider of payment routing and card intelligence data, today announced the release of its updated 2026 Bank Identification Number (BIN) dataset. The release introduces high-precision data structures designed to address routing inefficiencies caused by the global transition to 8-digit BINs and tokenized digital wallet transactions.
As major payment networks shift from legacy 6-digit BIN standards to 8-digit and 11-digit sub-ranges (including Apple Pay and Google Pay DPANs), standard lookup tables frequently fail to identify exact issuing banks or network capabilities. This fragmentation leads to misrouted transactions, increased interchange costs, and elevated decline rates for online merchants.
BinBase addresses this operational bottleneck through an 11-to-6 digit Waterfall Lookup system. The dataset maps complex sub-ranges down to the issuer level while maintaining backward compatibility with legacy payment engines.
“Precision at the issuer lookup level is critical for modern payment routing,” said Michael Evans, Director at BinBase. “Our 2026 dataset equips processors and merchants with 29 granular attributes per BIN range, including Reg II Durbin exemption status, Fast Funds capability, and regional co-badging indicators.”
Key Features of the 2026 BinBase Release
High-Precision Sub-Range Mapping: Resolves 11-digit and 8-digit tokenized ranges to ensure accurate transaction routing.
Co-Badged Scheme Support: Identifies dual-network cards across European (Carte Bancaire) and international payment schemes.
Daily Updates & Formats: Available as flat CSV, SQLite, and PostgreSQL database dumps for seamless local caching.
To facilitate developer integration, BinBase has published an open-schema specification and sample dataset on GitHub: https://github.com/BinBaseDatabase
About BinBase
BinBase provides enterprise payment intelligence data to merchants, payment service providers, and financial institutions worldwide, helping optimize card authorization rates and prevent transaction fraud. For more information, user can visit https://www.binbase.com.
Contact
Director Fedor Lavrikoff BinBase sales@binbase.com
Sunny Isles Beach, United States, July 20th, 2026, FinanceWire
BinBase, a provider of payment routing and card intelligence data, today announced the release of its updated 2026 Bank Identification Number (BIN) dataset. The release introduces high-precision data structures designed to address routing inefficiencies caused by the global transition to 8-digit BINs and tokenized digital wallet transactions.
As major payment networks shift from legacy 6-digit BIN standards to 8-digit and 11-digit sub-ranges (including Apple Pay and Google Pay DPANs), standard lookup tables frequently fail to identify exact issuing banks or network capabilities. This fragmentation leads to misrouted transactions, increased interchange costs, and elevated decline rates for online merchants.
BinBase addresses this operational bottleneck through an 11-to-6 digit Waterfall Lookup system. The dataset maps complex sub-ranges down to the issuer level while maintaining backward compatibility with legacy payment engines.
“Precision at the issuer lookup level is critical for modern payment routing,” said Michael Evans, Director at BinBase. “Our 2026 dataset equips processors and merchants with 29 granular attributes per BIN range, including Reg II Durbin exemption status, Fast Funds capability, and regional co-badging indicators.”
Key Features of the 2026 BinBase Release
High-Precision Sub-Range Mapping: Resolves 11-digit and 8-digit tokenized ranges to ensure accurate transaction routing.
Co-Badged Scheme Support: Identifies dual-network cards across European (Carte Bancaire) and international payment schemes.
Daily Updates & Formats: Available as flat CSV, SQLite, and PostgreSQL database dumps for seamless local caching.
To facilitate developer integration, BinBase has published an open-schema specification and sample dataset on GitHub: https://github.com/BinBaseDatabase
About BinBase
BinBase provides enterprise payment intelligence data to merchants, payment service providers, and financial institutions worldwide, helping optimize card authorization rates and prevent transaction fraud. For more information, user can visit https://www.binbase.com.
Contact
Director Fedor Lavrikoff BinBase sales@binbase.com
A self-hosted LLM connected to the platform’s ledger, KYC/KYB, KYT, and audit trail takes over the routine layer of AML investigations – while every decision with regulatory consequences stays with a human
FinHarbor, a technical platform provider for launching compliant, modular financial products, has announced the launch of its AI Act-ready compliance module – an AI co-investigator that works on top of the platform’s existing compliance stack and is deployed entirely inside the client’s own infrastructure.
The timing matters. On 2 August 2026, the EU AI Act’s transparency obligations take effect for customer-facing AI systems, while the recently adopted simplification package moved the high-risk requirements to December 2027 – a preparation window, not an amnesty. FinHarbor’s answer is a module designed around the Act’s logic from day one: documented, supervised, and architecturally incapable of acting alone.
The problem: compliance teams drowning in false alarms
The economics of AML operations are well documented. According to Google Cloud, more than 95% of alerts generated by rules-based AML systems turn out to be false positives at first review, and roughly 98% never result in a suspicious activity report. Compliance teams at growing platforms spend the bulk of their time reconstructing cases from disconnected tools rather than investigating genuine risk.
The industry results from applying AI to this layer are equally documented. HSBC, working with Google Cloud, cut alert volumes by more than 60% while identifying two to four times more genuinely suspicious activity. In a Coforge deployment at a leading US bank, an AI-powered alert optimization framework reduced false positives by 70% and improved fraud detection rates by 35%.
What the module does
FinHarbor’s co-investigator operates across the platform’s unified ledger, KYC/KYB, KYT, transaction monitoring, and append-only audit trail. In practice, it:
Pulls client and transaction data on demand. An analyst asks a question in plain language; the module queries the platform’s databases directly – no SQL, no waiting for a data team.
Clears the routine layer of AML alerts. Recurring false positives are classified and closed with documented reasoning, leaving human analysts only the cases that warrant judgment.
Assembles the full case. Transactions, counterparties, KYC/KYB history, on-chain trail from KYT, sanctions and PEP screening results – linked into a single investigation profile instead of a manual reconstruction across tools.
Drafts SAR/STR narratives. The module prepares the regulatory filing in the accepted format; the compliance officer reviews, edits, and signs.
Prioritizes the investigation queue by risk score, so the highest-risk cases surface first.
Answers regulator and auditor requests with an export from the unified audit trail rather than a manual evidence-gathering exercise.
A co-investigator, not an autopilot
The module’s operating principle is built into its architecture: AI investigates, humans decide. It never files a SAR, blocks an account, or takes any action with regulatory consequences on its own – every such step requires a human signature. This human oversight model, together with system documentation and model risk management, is how the module addresses the AI Act’s high-risk regime, while built-in disclosure ensures that in any chat-based scenario users always know they are interacting with AI.
The same architecture covers DORA: the append-only audit log meets third-party oversight requirements and streams directly into the client’s SIEM.
Deployed inside the perimeter, not in someone else’s cloud
The module runs as a self-hosted LLM within the client’s own environment, connected to the platform’s modules and databases through an MCP server behind the client’s authentication. Setup means scoping access – which modules and accounts the model can read, under which API keys and limits – selecting the model, and configuring redaction rules for regulated fields. Documentation and human oversight are part of the deployment, not an add-on.
This is also why the module’s relevance extends well beyond the EU. The core design principle – regulated data never leaves the client’s perimeter – answers the same requirement under GDPR, UK GDPR, Switzerland’s revFADP, Brazil’s LGPD, and Saudi Arabia’s PDPL. The AI Act is the entry point, not the boundary.
“Compliance teams don’t need another dashboard – they need the routine taken off their hands without giving up control,” said Ilya Podoynitsyn, CEO of FinHarbor. “Our co-investigator reads the same ledger, the same KYC files, the same on-chain data our platform already maintains, and does the legwork: assembles the case, drafts the narrative, documents every step. But nothing that matters to a regulator happens without a human signature. That’s not a limitation we accepted – it’s the design principle we started from.”
The module is currently running in pilots on several client projects. The underlying infrastructure – MCP and self-hosted LLM deployment within the client perimeter – is already part of the FinHarbor platform and publicly documented. The module is delivered as part of the platform, with commercial terms defined per deployment.
About FinHarbor
FinHarbor is a technical platform provider for launching compliant, modular financial products – from wallets and neobanks to crypto ramps and OTC desks. Built on years of real-world fintech experience, the platform covers onboarding, compliance, wallets, transactions, cards, and reporting, delivered with a microservice-based architecture (ISO/PCI DSS-certified), a robust API layer, and on-premise or cloud-ready deployment. FinHarbor supports fiat-only, crypto-native, and hybrid business models across markets in Europe, MENA, and beyond.
A self-hosted LLM connected to the platform’s ledger, KYC/KYB, KYT, and audit trail takes over the routine layer of AML investigations – while every decision with regulatory consequences stays with a human
FinHarbor, a technical platform provider for launching compliant, modular financial products, has announced the launch of its AI Act-ready compliance module – an AI co-investigator that works on top of the platform’s existing compliance stack and is deployed entirely inside the client’s own infrastructure.
The timing matters. On 2 August 2026, the EU AI Act’s transparency obligations take effect for customer-facing AI systems, while the recently adopted simplification package moved the high-risk requirements to December 2027 – a preparation window, not an amnesty. FinHarbor’s answer is a module designed around the Act’s logic from day one: documented, supervised, and architecturally incapable of acting alone.
The problem: compliance teams drowning in false alarms
The economics of AML operations are well documented. According to Google Cloud, more than 95% of alerts generated by rules-based AML systems turn out to be false positives at first review, and roughly 98% never result in a suspicious activity report. Compliance teams at growing platforms spend the bulk of their time reconstructing cases from disconnected tools rather than investigating genuine risk.
The industry results from applying AI to this layer are equally documented. HSBC, working with Google Cloud, cut alert volumes by more than 60% while identifying two to four times more genuinely suspicious activity. In a Coforge deployment at a leading US bank, an AI-powered alert optimization framework reduced false positives by 70% and improved fraud detection rates by 35%.
What the module does
FinHarbor’s co-investigator operates across the platform’s unified ledger, KYC/KYB, KYT, transaction monitoring, and append-only audit trail. In practice, it:
Pulls client and transaction data on demand. An analyst asks a question in plain language; the module queries the platform’s databases directly – no SQL, no waiting for a data team.
Clears the routine layer of AML alerts. Recurring false positives are classified and closed with documented reasoning, leaving human analysts only the cases that warrant judgment.
Assembles the full case. Transactions, counterparties, KYC/KYB history, on-chain trail from KYT, sanctions and PEP screening results – linked into a single investigation profile instead of a manual reconstruction across tools.
Drafts SAR/STR narratives. The module prepares the regulatory filing in the accepted format; the compliance officer reviews, edits, and signs.
Prioritizes the investigation queue by risk score, so the highest-risk cases surface first.
Answers regulator and auditor requests with an export from the unified audit trail rather than a manual evidence-gathering exercise.
A co-investigator, not an autopilot
The module’s operating principle is built into its architecture: AI investigates, humans decide. It never files a SAR, blocks an account, or takes any action with regulatory consequences on its own – every such step requires a human signature. This human oversight model, together with system documentation and model risk management, is how the module addresses the AI Act’s high-risk regime, while built-in disclosure ensures that in any chat-based scenario users always know they are interacting with AI.
The same architecture covers DORA: the append-only audit log meets third-party oversight requirements and streams directly into the client’s SIEM.
Deployed inside the perimeter, not in someone else’s cloud
The module runs as a self-hosted LLM within the client’s own environment, connected to the platform’s modules and databases through an MCP server behind the client’s authentication. Setup means scoping access – which modules and accounts the model can read, under which API keys and limits – selecting the model, and configuring redaction rules for regulated fields. Documentation and human oversight are part of the deployment, not an add-on.
This is also why the module’s relevance extends well beyond the EU. The core design principle – regulated data never leaves the client’s perimeter – answers the same requirement under GDPR, UK GDPR, Switzerland’s revFADP, Brazil’s LGPD, and Saudi Arabia’s PDPL. The AI Act is the entry point, not the boundary.
“Compliance teams don’t need another dashboard – they need the routine taken off their hands without giving up control,” said Ilya Podoynitsyn, CEO of FinHarbor. “Our co-investigator reads the same ledger, the same KYC files, the same on-chain data our platform already maintains, and does the legwork: assembles the case, drafts the narrative, documents every step. But nothing that matters to a regulator happens without a human signature. That’s not a limitation we accepted – it’s the design principle we started from.”
The module is currently running in pilots on several client projects. The underlying infrastructure – MCP and self-hosted LLM deployment within the client perimeter – is already part of the FinHarbor platform and publicly documented. The module is delivered as part of the platform, with commercial terms defined per deployment.
About FinHarbor
FinHarbor is a technical platform provider for launching compliant, modular financial products – from wallets and neobanks to crypto ramps and OTC desks. Built on years of real-world fintech experience, the platform covers onboarding, compliance, wallets, transactions, cards, and reporting, delivered with a microservice-based architecture (ISO/PCI DSS-certified), a robust API layer, and on-premise or cloud-ready deployment. FinHarbor supports fiat-only, crypto-native, and hybrid business models across markets in Europe, MENA, and beyond.
At the Kazakhstan–China Business Forum in Shanghai, Chairman of the Management Board of Samruk-Kazyna JSC Nurlan Zhakupov highlighted joint projects that are shaping the future of transit and logistics across Eurasia.
“The competitiveness of transport routes no longer depends solely on infrastructure. Data, digital platforms, and artificial intelligence are becoming increasingly important,” he said.
The next stage of cooperation should focus on developing an intelligent transport corridor that integrates modern logistics routes with artificial intelligence, big data, digital twins, and intelligent freight management systems. Today, the joint transport and logistics network connects the Port of Lianyungang, Khorgos Gateway, the Xi’an Terminal, the Aktau Hub, and the ZHETYSU Logistics Complex in Almaty. In 2027, the network will be expanded with the addition of a dry port in Chengdu, further strengthening the route from China’s Pacific coast through Kazakhstan and the Caspian Sea to Europe.
The development of the transport corridor is being supported by large-scale infrastructure projects. The construction of the Bakhty–Ayagoz railway line will establish the third rail border crossing between Kazakhstan and China, with an annual capacity of up to 25 million tonnes.
“Together, we will strengthen the Middle Corridor as one of the key transport routes of the 21st century,” Nurlan Zhakupov said.
Samruk-Kazyna serves as Co-Chair of the Kazakhstan–China Business Council, with China’s CITIC Group serving as the Chinese Co-Chair. Following the Council’s two most recent meetings, more than 110 commercial agreements worth approximately USD 20 billion have been signed across the energy, transport, digitalisation, and industrial sectors.
Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna JSC, met with Phillip Gan, President of Huawei for the Middle East and Central Asia.
The parties discussed the implementation of joint projects and the prospects for further cooperation in digitalization, telecommunications, and artificial intelligence. They also reviewed cooperation on the development and modernization of telecommunications and IT infrastructure, including data transmission and communications networks, data centers, server and networking equipment, data storage systems, and other digital infrastructure.
Nurlan Zhakupov noted that Huawei is one of the world’s leading technology companies and emphasized that the implementation of joint initiatives will mark an important step in Kazakhstan’s digital transformation, support the development of high-tech infrastructure, and strengthen the country’s position in the global technology landscape.
West Red Lake Gold delivered strong second-quarter operating results, increasing mined tonnes by 46%, mined ounces by 73%, and gold production by 51% quarter-over-quarter while building a surface stockpile and remaining on track to meet its 2026 production guidance of 35,000–45,000 ounces.
Mined tonnage increased 46% to 75,524 tonnes in Q2 from 51,616 tonnes in Q1, while mined ounces increased 73% to 10,459 ounces from 6,033 ounces in the first quarter, reflecting both higher mining rates and an increase in average mined grade.
Gold production totalled 8,576 ounces during Q2 2026, representing a 51% increase from the 5,667 ounces produced in Q1 2026.
Due to increased mine productivity, a surface stockpile of approximately 10,768 tonnes had been generated by the end of Q2, representing approximately 1,500 contained ounces of gold based on estimated grades.
The mill achieved average processing rates of approximately 842 tonnes per day (tpd). Over the second half of 2026, processing rates are expected to increase to approximately 1,000 tpd.
“Q2 demonstrated that the development-focused strategy implemented during the first half of 2026 is translating into measurable operating improvements as mine sequencing advanced to unlock multiple stoping fronts and operational flexibility continued to improve,” stated Shane Williams, CEO of West Red Lake Gold
“During the quarter, the mill sustained processing rates of approximately 842 tpd while underground mining rates averaged 878 tpd earlier in the quarter, however from mid quarter onward we mined over 1,000 tpd, allowing us to build a surface stockpile equivalent to approximately half a month of mill feed inventory.”
“Our ability to generate a stockpile of this size speaks to the operational efficiency of the team and our ability to mine at rates that exceed the currently permitted mill throughput of 800 tpd. Mining rates in excess of current mill capacity are an important indicator that the Mine is developing greater flexibility and overall consistency for sustained operations.”
“As processing rates during the first half of the year reflected the early stages of the ramp up, we expect throughput to continue increasing over the balance of the year toward a sustained processing rate of up to 1,000 tpd,” continued Williams. “The operational improvements demonstrated during Q2 reinforces our view that Madsen remains on track to achieve full-year production guidance of 35,000 to 45,000 ounces of gold.”
West Red Lake Gold is executing a hub-and-spoke growth strategy. The Madsen mill and infrastructure is intended to serve as a central processing hub for multiple past producing high-grade deposits across the Red Lake District. WRLG believe this multi-asset approach will provide greater operational flexibility, expand margins, extend mine life, and support a larger production profile over time.
“Despite relatively limited drilling since the June 2025 estimate, we have significantly grown the resource, most importantly in the Indicated category, thereby de-risking the project while also enhancing its quality,” stated Williams. “Overall, Rowan is developing into a highly robust satellite deposit.”
Rowan Indicated gold ounces increased by 70% to 334,825 ounces @13.03 grams per tonne (g/t) gold, compared to 196,747 ounces @12.78 g/t gold in the 2025 MRE (See news release dated July 8, 2025).
Rowan Inferred gold ouncesincreased by 52% to 179,013 oz grading 15.31 g/t Au, compared to 421,181 tonnes containing 118,155 oz grading 8.73 g/t Au in the 2025 MRE.
Minimal exploration expenditure of C$3.5 million, combined with low drilling meters of 6,300 metres, represented a modest discovery cost of approximately C$17.60/oz gold.
In this July 14, 2026 Kitco News interview, Brien Lundin, the executive editor of Gold Newsletter and host of the New Orleans Investment Conference, explains why he believes gold’s 4-month swoon from $5,500 per ounce to $4,000 was a “classic washout” not a breakdown.
“We’re in a market now that’s being driven by western traders and investors,” Lundin told Kitco. “Central bank buying is less of a driver and more of a support to the price. It’s a typical bull market, where we have furious rallies, then stomach-churning drops that test your mettle. It’s nothing unusual.”
“Trump wants to lower interest rates,” added Lundin. “The simple math of the US debt and deficit demands lower rates, so it’s going to happen.”
When interest rates drop, the price of gold typically rises because it reduces the opportunity cost of holding gold compared to interest-bearing assets like bonds. Historically, falling interest rates often lead to a weaker U.S. dollar, making gold cheaper for international buyers, further driving up demand.
The total U.S. national debt is currently $39.51 trillion, translating to a debt burden of $117,000 for every U.S. citizen. Interest on the US national debt is now about $1 trillion annually, exceeding Medicare spending for the first time.
“The cost of servicing that debt needs to be lower than the rate at which the currency is depreciating,” Lundin stated in a 2024 interview. “Otherwise, the entire house of cards collapses.” Lundin has speculated that gold may rise to $6,000-$8,000 within the current cycle.
During ramp-up phase in 2025, West Red Lake Gold Mines generated C$103 million in total gold revenues. Investing in a junior gold miner with rising production and free cash flow, is one way to hedge against the effects of exploding U.S. debt, and spirally interest payment obligations.
Source: Congressional Budget Office
TheMadsen Mine has recently achieved commercial production and is positioned as the central hub of a growing multi asset platform. WRLG controls a 47 km² land package in one of the world’s most prolific mining districts, which has historically produced over 20 million ounces of gold from high grade systems. [1]
The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, and by Hayley Halsall-Whitney, P.Eng., Vice President of Operations for West Red Lake Gold and the Qualified Person for technical services at the West Red Lake Project, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Robinson and Ms. Halsall-Whitney are not independent of WRLG.
1. Twomey, T. and McGibbon, S. Red Lake Mine, Goldcorp Inc. (2022). “The Geological Setting and Estimation of Gold Grade of the High-Grade Zone, Red Lake Mine.” Exploration Mining Geology, Vol. 10, Nos. 1–2, pp. 19–34. Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”).
Contact: guy.bennett@globalstocksnews.com
Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk.
