What Impact Will The Defense Production Act Have On Critical Metal Supply? – The Daily Dive
Today on the Daily Dive, we see the return of John-Mark Staude, CEO of Riverside Resources (TSXV: RRI). Staude returns to the show today to talk rate hikes, Biden’s use of the Defense Production Act for the supply of critical minerals, and expectations for gold. Also discussed is the biggest surprises in the market thus […]
Zuck Bucks? Meta Looks At Creating Metaverse Virtual Currency
It seems there’s no stopping Meta Platforms (Nasdaq: FB) CEO Mark Zuckerberg from launching his own currency. After what many consider the fall of his cryptocurrency project Diem Association, the tech giant is reportedly working on a decentralized currency for the metaverse. Internally, company employees are calling it “Zuck bucks”. In a Financial Times article, Meta […]
Did Elon Musk Start Buying Twitter Shares Because of @ElonJet?
Remember when 19-year-old Jack Sweeney launched a Twitter (NYSE: TWTR) account that automatically tracked Elon Musk’s jet? Remember when he claimed that Musk offered him US$5,000 to take it down? Well, Sweeney recently posed an intriguing question: “Did Elon start buying Twitter stock because of me (@JxckSweeney) telling him no?” Okay, maybe this inference gives […]
Doug Ford Promises 50-Cent Wage Increase in October
Doug Ford’s government is promising to hike Ontario’s minimum wage by 50 cents come early fall if his party is reelected in June. In an effort to appease voters frustrated with rising consumer prices, the Ontario Progressive Conservative government said it would hike the minimum wage from $15 per hour to $15.50 per hour, coming […]
Bitfarms To Move To TSX Nearly A Year After Listing On Nasdaq
Nearly a year after obtaining a big board listing in the United States, it appears that Bitfarms Ltd (TSXV: BITF) has finally decided its time to make a similar move in Canada. The firm this morning indicated that it has received final approval to move to the Toronto Stock Exchange. The company is expected to […]
Kinross Gold Delays Great Bear Maiden Resource Estimate To 2023
Growing tired of its troubling situation in Russia making headlines, Kinross Gold (TSX: K) this morning provided an update on its plans for the Great Bear Resources assets it closed on earlier this year. The plans are said to include significant further drilling, as well as a mineral resource estimate later this year. Despite Great […]
Pegasus Resources Selects Consulting Firm For Exploration Of Utah Uranium Project
Exploration is expected to begin in the near term for Pegasus Resources (TSXV: PEGA) at the recently acquired Energy Sands Uranium Project in Utah. The firm has reportedly hired a firm to manage field exploration work at the property. Exploration work at the property is reportedly to be managed by Dahrouge Geological Consulting, via their […]
Voyager Digital Reports At Least 36% Revenue Decline In Q3 Based On Preliminary Results
Voyager Digital (TSX: VOYG) appears to be having a rough start to 2022. After announcing last week that the company is the subject of several court orders across multiple US states last week, the firm today announced its preliminary revenue estimates for the quarter ended March 31, 2022 – which show a significant sequential decline. […]
Gold Mountain Mining Intersects 42.39 g/t Gold Over 1.50 Metres
The latest assay results are in for Gold Mountain Mining (TSX: GMTN). The drill results come from their flagship Elk Gold project in British Columbia, where an ongoing phase three program focused on the Siwash North Zone is nearing completion. The focus of this phase of drilling was primarily on infill and step-out drilling, which […]
Canada’s Liberal Government To Ban Foreign Homebuyers
The Canadian government is set to unveil a ban on foreign homebuyers within their budget that is to be released on Thursday, as has been reported by CTV News. While the headline may sound great, the content and loopholes contained within the proposal appear to make this new rule pointless, unless you’re a government that […]