Sunday, July 6, 2025

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Fed’s Beloved PCE Index Soars to Highest Since 1991

The Federal Reserve’s beloved inflation indicator has just surged by the most since the early 1990s, suggesting that the ongoing price pressures may be a bit more than just transitory. According to data published by the Commerce Department on Friday, personal spending hit a standstill in May, while inflation levels continued to rise. Consumption of […]

Amex Intersects 79.22 G/T Gold Over 6.15 Metres At Perron Gold Property

Amex Exploration Inc. (TSXV: AMX) reported today the assays from its definition and expansion drilling of the High Grade zone on the Perron Gold project in Quebec. The results highlighted an assay of 79.22 g/t gold over 6.15 metres. Highlight intersects from the results include: PE-21-344: 79.22 g/t gold over 6.15 metres starting at 320.80-metre […]

Hut 8 Targets Hashrate Of 2.5 – 3.0 EH By Year End, 6.0 EH By Mid 2022

Hut 8 Mining Corp. (TSX: HUT) announced today its planned expansion to increase installed hashrate to approximately 2.5 – 3.0 EH by the end of 2021 and to 6.0 EH by mid 2022. The company currently operates at 1.2 EH. As a result, Hut 8 expects to increase average production from 6.2 – 7.3 bitcoin […]

Karora Announces Gold Production Guidance Of 185,000 – 205,000 Ounces By 2024

Karora Resources Inc. (TSX: KRR) announced today its three-year production guidance, highlighting 185,000-200,000 ounces of gold production at an all-in sustaining cost of US$885-US$985 per ounce by 2024. This production guidance is based on the 2020 year-end mineral reserves and resources report on December 16, 2020. This three-year production guidance is approximately double the company’s […]

Psyched Wellness Commences 90-Day Toxicity Study Of AME-1

Psyched Wellness (CSE: PSYC) continues to progress on its preclinical studies for its novel mushroom extract formulation. The company this morning announced that it has begun on the latest preclinical study, which focuses on oral toxicity. Research on the formulation, which is an extract of the Amanita Muscaria mushroom and referred to as AME-1, is […]

DigiMax Reports Early Results Of Crypto Price Trend Predictor Tool

DigiMax Global (CSE: DIGI) this morning provided an update in relation to its crypto-related assets. The company reportedly has continued to see growth, while the artificial intelligence platform it has established, CryptoHawk, has seen strong performance as of late. The firms crypto price trend predictor, referred to as CryptoHawk, has reportedly seen strong performance during […]

CloudMD Closes On $100 Million Acquisition Of Oncidium

CloudMD Software & Services (TSXV: DOC) this morning announced the closing of the $100 million purchase of Oncidium, a health management firm focused on Canada. The transaction is expected to significantly bolster the firms revenue run-rate. The transaction will see CloudMD receive a significant increase in clientele, with Oncidium having over 500 clients that services […]

Imperial Metals Closes $60.4 Million Rights Offering

Imperial Metals Corp (TSX: III) announced late Friday that is has completed a rights offering. The offering saw a total of $60.4 million in gross proceeds raised by the mine operator. Under the terms of the financing, a total of 12.9 million common shares were sold, with shares being sold at a price of $4.70 […]

Compass Pathways Closes Enrollment For Phase IIb Psilocybin Clinical Trial

Compass Pathways (NASDAQ: CMPS) this morning provided a brief update to the market on the latest status of its ongoing phase IIb psilocybin therapy trial. The trials are being conducted to test the efficacy of psilocybin against treatment-resistant depression. A total of 216 patients have now completed the administration of psilocybin under the clinical trial, […]

Azimut Exploration Announces 2021 Exploration Programs

Azimut Exploration (TSXV: AZM) this morning announced two separate exploration programs within the James Bay region of Quebec. The company is set to explore over a reported 60 kilometres of strike in search of gold mineralization. The firm is set to explore its Elmer and Wapatik properties, as a follow-up to the recent discovery at […]