Freeman Gold Completes 7,149 Metre Drill Program At Lemhi Gold Project
Freeman Gold (CSE: FMAN) this morning announced that it has completed its 2020 drill program at its flagship Lemhi Gold project, which is located in Idaho. The program saw a total of 7,149 metres of drilling conducted via 35 drill holes, all of which intersected mineralization of varying degrees. The drill program was completed by […]
Willow Biosciences Announces First Commercial Production Of CBG To Occur In Q1 2021
Willow Biosciences (TSX: WLLW) announced major news this morning in that it has advanced its commercialization plan for biosynthesized CBG by a full six months ahead of schedule, with its first commercial-scale production run scheduled to occur in the first quarter of 2021. The production run will see the company produce multiple kilograms of the […]
Aurora Cannabis Lays Off 200 Employees, Reduces Sky And Sun Facilities To 25% Of Prior Capacity
Whereas Aphria (TSX: APHA) (NASDAQ: APHA) this morning announced a blockbuster deal, Aurora Cannabis (TSX: ACB) (NYSE: ACB) this morning announced further operational cutbacks. The reductions, which were widely reported on Twitter last night, will see Aurora Sun and Aurora Sky, both cultivation facilities, see production cut back by 75%, resulting in the layoffs of […]
Aphria, Tilray Announce $5 Billion Merger Justified By Topline Revenues
Well it appears the rumours have finally come to fruition when it comes to Aphria Inc (TSX: APHA) (NASDAQ: APHA) and mergers. It was announced this morning that the rumour of its merger with Tilray Inc (NASDAQ: TLRY), originally reported on by twitter user @BettingBruiser, has become reality. The combined entity is stated to have […]
IEA Expects Global Oil Demand Won’t Fully Recover in 2021
The pandemic-induced crude oil glut that has plagued 2020 is expected to subside by the end of the next year, as markets face a gradual, yet fragile recovery amid a surge in infections and renewed lockdowns. The International Energy Agency (IEA) has recently downgraded its forecast for global fuel consumption following the latest wave of […]
Canada Raises Foreign Aid Contributions by $485 Million Towards Global Covid-19 Effort
The Canadian federal government has announced plans to increase foreign spending by pledging an additional $485 million towards the global fight against the coronavirus pandemic. The latest announcement, made by International Development Minister Karina Gould, is a further $485 million contribution aimed at providing Covid-19 medicines to developing countries. The new funds will be going […]
Is Bitcoin A Fraud? – The Daily Dive feat Jeff Wareham
Today on the Daily Dive, we’re joined by Jeff Wareham, whom is a director at Marquest Asset Management, one of the largest flow-through financing funds within Canada, as well as a contributor to The Deep Dive. Jeff sits down with host Cassandra Leah to talk the current macroeconomic events. Within, Jeff provides his views on […]
Global Economy Forecast to Contract by 5.6% in 2020 Due to Pandemic
The coronavirus pandemic has plunged the global economy into the worst recession in over 80 years, with the social and economic impact continuing to mount amid surging Covid-19 cases around the world. As a result, the volume of global trade is expected to contract by the most since the 2009 global financial crisis, with the […]
Hexo: Canaccord Raises Price Target To $1.25 Following Q1 Results
Yesterday, Hexo Corp (TSX: HEXO) (NYSE: HEXO) released its fiscal first quarter 2021 financial results. They reported net revenue of $29.5 million, which is a 9% increase quarter over quarter. Hexo says that they maintained number one market share in Quebec, while Alberta’s gross sales increased by 18%. Ontario was 15%, and B.C was 6% […]
New Found Gold Intersects 13.1 Metres Of 45.3 G/T Gold
New Found Gold (TSXV: NFG) this morning released its latest drill data from the Keats Zone, and the results are a doozie. The company reported highlight intervals of 45.3 g/t gold over 13.1 metres, along with 25.0 g/t gold over 16.85 metres in step out drilling conducted at the zone. In total, partial results from […]