IMF: Canada’s 2021 Growth Outlook Most Optimistic Among Developed Economies
In its April forecast, the International Monetary Fund (IMF) appears to have an optimistic view on Canada’s ongoing economic recovery, upgrading its 2021 economic outlook for the country by the most among all other developed economies. According to the World Economic Outlook released on Tuesday, the IMF now calls on growth of 5% for Canada’s […]
Skeena Sees Resource Estimate Upgraded To 5.3 Million Gold Equivalent Ounces
Skeena Resources (TSX: SKE) this morning posted an updated mineral resource estimate for its Eskay Creek project, located within the Golden Triangle of BC. The estimate has increased measured and indicated resources at the project to a total of 5.3 million ounces of gold equivalent. The estimate itself was reportedly derived from over 651,000 metres […]
QYOU Media Sees Distribution Expand To Over 100 Million TV Households
QYOU Media (TSXV: QYOU) this morning announced that it has achieved a significant milestone. Its flagship channel, The Q India, has now seen distribution increase to over 100 million TV homes within India. The achievement follows the launching of the channel on both DD Free Dish and Dish TV this month, enabling the company to […]
Curaleaf Closes European Transaction, Immediately Sells 31.5% Stake To Undisclosed Strategic Investor
Curaleaf Holdings (CSE: CURA) this morning announced the completion of EMMAC Life Sciences, a vertically integrated cannabis firm in Europe. The firm this morning also announced a significant investment by an institutional investor into its European operations. The acquisition saw the European assets, which were partially owned by a related party, acquired for US$50 million […]
Kontrol Technologies Guides To $33 – 35 Million In Revenues For 2021
Kontrol Technologies (CSE: KNR) this morning released a corporate update of sorts for investors. Included within was guidance figures for 2021, as well as preliminary unaudited financing results for fiscal year 2020. For fiscal year 2021, the company provided guidance for revenues of $33 million to $35 million, as compared to unaudited revenue of $13 […]
Canada Nickel Enters MOU For Mine Fleet Financing
Canada Nickel Company (TSXV: CNC) has found a potential financer for its expected mine fleet at the firms flagship Crawford Nickel Cobalt Sulphide Project. The firm this morning announced the signing of a memorandum of understanding with Taykwa Tagamou Nation for the financing of the expected mine fleet at the project. The arrangement between the […]
New Found Gold Intersects 106.46 G/T Gold Over 9.15 Metres At Keats
New Found Gold (TSXV: NFG) has released drill results from ten additional holes that were conducted at its flagship Keats Zone at the Queensway project in Newfoundland. Highlights from the program include 106.46 g/t gold over 9.15 metres within hole NFGC-21-112. Drill results released this morning come from the ongoing 200,000 metre exploration campaign currently […]
Fission Uranium Reports Drill Results From 2021 Program
Fission Uranium Corp (TSX: FCU) this morning released the first drill results from its 2021 drill program at the Patterson Lake South Property. A total of twenty holes were drilled within the 7,147.8 metre program, with all holes reportedly hitting wide mineralization in multiple stacked intervals. Drilling during the program occurred at the R780E zone […]
GoGold Resources Sees Silver Equivalent Ounces Production Decline 10%
GoGold Resources (TSX: GGD) this morning provided a brief update to the market in terms of its quarterly production figures for its Parral operation. The operation for the quarter ended March 31, 2021, managed to produce 551,207 silver equivalent ounces. The silver equivalent ounces reportedly consisted of 302,933 silver ounces, 3,208 gold ounces, and 86 […]
Archegos Collapse: Credit Suisse Takes $4.7 Billion Loss
The implosion of family investment firm hedge fund Archegos Capital Management last month has cost embattled Credit Suisse almost $4.7 billion in losses, and the termination of several of the bank’s top executives. The Swiss bank was among the hardest hit from the collapse of Bill Hwang’s Archegos, after suffering a significant loss in its […]