Skeena To Acquire 100% Interest In Eskay Creek Project, Barrick Gold To Become Major Shareholder
Skeena Resources (TSXV: SKE) announced this morning that it will be exercising its option to acquire 100% of the Eskay Creek gold-silver project in BC’s golden triangle from that of Barrick Gold (TSX: ABX) via a binding term sheet. As a result of the transaction, Barrick will become one of the largest shareholders in Skeena, […]
Sunniva Sees $9.0 Million Sale Of Okanagan Falls Property Fall Through
It appears that Sunniva Inc (CSE: SNN) isn’t quite in the clear with respect to the sale of its Okanagan Falls, British Columbia property. The company announced this morning that the real estate investment firm that had agreed to buy the property has walked from the transaction. Justification for why the buyer got cold feet […]
Great Bear Resources Finds New Gold Zone At Dixie, Conducts Deepest Drilling To Date
Great Bear Resources (TSXV: GBR) this morning released further results from its currently ongoing drill program at its Dixie Project in the Red Lake district. The latest results has shown gold mineralization expanding at depth, with an increasing number of high grade gold intervals being found within the halos of moderate gold grades. Further, a […]
US Federal Reserve: A Top Holder of the Largest Corporate Bond ETFs
As the US economy continues to be battered down by the coronavirus pandemic, the Federal Reserve has been strenuously working on propping up any and all markets to keep them from collapsing under the weight of prior financial recklessness. According to a recent compiling by Bloomberg, the Federal Reserve has been going rampant with buying […]
Mortgage Loans in Active Forbearance Beginning to Show Declining Trend
During the height of the pandemic, many homeowners in the US found themselves in some form of financial trouble, and as a result, had no other option but to put their mortgage into a forbearance plan. Luckily for those mortgage loans that were government-backed, the CARES Act included a mortgage bailout program that would allow […]
Rent Prices in San Francisco Plunge as Americans Relocate to Suburbs Amid Pandemic
As densely populated areas across the US become coronavirus hotspots, many Americans have been rapidly finding ways to relocate to remote areas to ride out the pandemic. With many employers shifting to a more flexible work environment for the foreseeable future, employees are using it to their advantage and moving to rural communities where the […]
The Deep Dive Spotlight Series: Justin Holland of Eguana Technologies
The Deep Dive continues ramping up video coverage Canadian small caps, focusing on home battery system manufacturer Eguana Technologies (TSXV: EGT). Based out of Calgary, Alberta, Eguana is focused on making fully integrated energy storage systems. They are known for their leading edge power controls, which allow for their systems to act as mini in-home […]
The Timmins Gold District: More Activity Brewing
There is an old adage in the mining industry: the best place to explore for a new mine is near an existing mine. Nowhere does this hold more true than in the Timmins Gold District in Northern Ontario, Canada. In 1909, prospectors Jack Wilson and Harry Preston came across a dome-shaped quartz hill that was […]
Director of Ukraine’s Central Bank Resigns Over Alleged Political Pressure
Ukraine, which has been plagued with corruption for some time, has once again fallen into further turmoil this week. The director of the National Bank of Ukraine Yakiv Smoliy has suddenly resigned over alleged political pressure that violates International Monetary Fund guidelines. The current president of Ukraine, Volodymyr Zelensky, was elected in 2019 based on […]
Supertanker Rates Plummet as Lack of Crude Oil Demand Continues
The coronavirus pandemic has had a profound effect on global markets, nearly collapsing entire industries amid sudden shifts to disequilibriums. One of the hardest-hit markets has been the global oil industry, which saw a significant reduction in crude demand as the coronavirus pandemic brought travel to a standstill. Strongly related to the current oil market […]