Eldorado Gold: BMO Anticipates Gold Production Guidance Raise
On October 12th, Eldorado Gold (TSX: ELD) announced their third quarter 2021 preliminary production results. The company announced that they produced 125,459 ounces of gold, down from 2020 third quarter production. The company has now produced 353,268 ounces of gold year to date, which is also down from last year’s 390,654 ounces. Eldorado Gold currently […]
Magnesium Shortages in China Could Create Added Headaches for Global Automakers
While the global semiconductor shortage continues to decimate the auto manufacturing industry, markets have begun to divert their attention to magnesium, which is on the brink of a supply crisis that threatens to further weaken the world’s car manufacturers. Magnesium, which is put in aluminum to create a hardened aluminum alloy, is used to make […]
Internet Business SPAC Worldwide Webb Acquisition Prices US$200 Million IPO
Special purpose acquisition company Worldwide Webb Acquisition Corp. (Nasdaq: WWAC.U) started trading publicly on the Nasdaq Global Market today. The company is seeking to raise US$200 million in its initial public offering. The offering consists of 20.0 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share […]
Hindenburg Research Takes On Tether
Okay folks. So the Nortorious NATE, Nate the Great from Hindenberg Research has announced he’s taking on Tether. And as always when Nate speaks, we listen. Here’s the details: He issued a deep 41 page report focusing on the stablecoin. The report included filings of fake purchase orders for Tether from the likes of BlackRock, […]
C3 Metals Raises $15 Million Under Bought Deal Private Placement
C3 Metals Inc. (TSXV: CCCM) announced on Tuesday that it has entered into a bought deal financing agreement with a syndicate of underwriters led by Canaccord Genuity. The private placement is reported to be for aggregate proceeds of $15.0 million. The financing will see the company sell 78,947,400 common shares at $0.19 per share. In […]
CN Records $3.59 Billion In Revenue For Q3 2021, Announces CEO’s 2022 Retirement
CN (TSX: CNR) released on Tuesday its third quarter 2021 financial results, which saw the company post $3.59 billion in revenue. This is an increase from Q3 2020’s revenue of $3.41 billion. “CN’s dedicated railroaders produced strong financial and operating results this quarter, despite headwinds from severe wildfires in Western Canada that caused a prolonged […]
Dynacor Reports Preliminary Financials For Q3 2021: US$61.9 Million In Revenue
Dynacor Gold Mines (TSX: DNG) reported this morning select items from its financial results for Q3 2021, highlighting a quarterly revenue of US$61.9 million. This is both an increase from Q2 2021’s revenue of US$42.8 million and Q3 2020’s revenue of US$24.1 million. Specifically, for the month of September 2021, the firm earned US$25.8 million […]
Russia Tells Europe it Will Not Boost Gas Supplies Without Nord Stream 2 Approval
Russia has told Europe it will not go out of its way to ensure that the bloc’s consumers will have adequate natural gas supplies ahead of the winter months unless Nord Stream 2 receives final approval, further adding strain to an-already out of control global energy crisis. As Europe continues to face a worsening energy […]
CP Posts $1.94 Billion In Revenue For Q3 2021
Canadian Pacific Railway Limited (TSX: CP) shared this morning its financial results for Q3 2021 ending September 30, 2021, highlighting revenue of $1.94 billion. This is a 4% increase from Q3 2020’s revenue of $1.86 billion. “The third quarter presented challenges across the supply chain, but the CP team’s commitment to the foundations of precision […]
Cognetivity Neurosciences Sees Granting Of FDA Clearance For Cognitive Assessment Tool
Cognetivity Neurosciences (CSE: CGN) has reached a major achievement. The company has been granted FDA clearance from the US Food and Drug Administration for the distribution of its integrated cognitive assessment. The approval essentially enables the company to market its device for use within the US market. The granting of FDA clearance follows the CognICA […]