Riot Blockchain Mines 425 Bitcoin In December 2021, Bats For 12.8 EH/s Hashrate In 2022
Riot Blockchain, Inc. (Nasdaq: RIOT) reported on Wednesday its production updates for December 2021. The results highlighted mining 425 bitcoin over the course of the month, a dip from its November 2021 production of 466 bitcoin but an increase over its December 2020 production of 98 bitcoin. The company has produced a total of 3,812 […]
Lithium Americas Secures Millennial Lithium Shareholder Approval Of Proposed Acquisition
Lithium Americas Corp (TSX: LAC) announced on Wednesday that the shareholders of acquiree Millennial Lithium (TSXV: ML) approved the proposed acquisition. The transaction secured approximately 98% of the votes in favor of the arrangement. The company first made an offer to acquire Millennial Lithium in November 2021, bidding against China-based firm Contemporary Amperex Technology. Lithium Americas then […]
Ford’s 2021 Sales Fell 6.8% Despite Robust Fourth Quarter
Ford’s auto sales slumped 6.8% last year, as ongoing global semiconductor shortages continued to weigh down on the auto industry. Ford reported that it sold a total of 1.9 million cars throughout 2021, which is 6.8% fewer than the previous year’s figures. The automaker finished the year off with 247,000 units in stock, which is […]
Excellon Resources Mulls Over Continuing Operations At Platosa Mine
In its corporate update on Wednesday, Excellon Resources Inc. (TSX: EXN) shared that it is assessing if it should continue maintaining a consistent production schedule at the Platosa mine in Mexico. “We continue to explore from underground and surface and refine the operation, but we are now assessing the economic viability of mining at Platosa beyond […]
Sundial Growers Sweetens Deal To Include Cash For Alcanna Shareholders
Sundial Growers (NASDAQ: SNDL) is doing all that it can to salvage its proposed acquisition of Alcanna Inc (TSX: CLIQ). The firm this morning announced that it would be changing the transaction slightly, in an attempt to boost interest among Alcanna shareholders. The firm now intends to transition the standing offer to purchase Alcanna from […]
Grande Portage Sees Eric Sprott Up Stake To 14.0%
The new year is off to a great start for Grande Portage Resources (TSXV: GPG), whom last night indicated that a major shareholder has increased their stake in the firm. Renowned mining financier Eric Sprott has upped his stake in the company via the exercise of warrants. The exercise of warrants has seen $2.3 million […]
New Found Gold Hits 70.65 g/t Gold Over 5.25 Metres At Golden Joint
New Found Gold (TSXV: NFG) this morning released further drill results from its ongoing exploration of its flagship Queensway project in Newfoundland. The latest results come from the Golden Joint Zone, one of the newer discoveries on the property. Two highlight intervals were the focus of this mornings release, including hole NFGC-21-274. which intersected 33.10 […]
Rockland Resources To Begin Exploring Elektra Lithium Project This Month
Rockland Resources (CSE: RKL) is set to soon begin exploration on its recently acquired Elektra claystone lithium project in Sonora, Mexico. The firm this morning indicated it has now obtained surface access to the property. With the receipt of surface access, the company is prepared to move forward with a planned exploration program on the […]
Ascend Wellness Continues To Fight Medmen Over New York Asset
After losing its New York investment arrangement with Medmen Enterprises (CSE: MMEN), it appears that Ascend Wellness (CSE: AAWH) is not exiting stage left gracefully. The firm this morning issued another release on the matter, indicating that Medmen, “has continued to breach the investment agreement.” Ascend has now reportedly informed Medmen that their “termination attempt […]
Datametrex Secures Further Purchase Orders From Lotte Group, Samsung
Datametrex AI (TSXV: DM) evidently knows how to keep its clients happy. The firm this morning indicated that it has received yet another purchase order from the LOTTE group of companies, as well as one from Samsung SDS Co. The purchase orders are said to be valued at $1.2 million in aggregate, with both firms […]