Rockland Resources Moves Lithium Focus To Utah, Collects 4,080 ppm Lithium Sample
Rockland Resources (CSE: RKL) evidently has acquired new claims in the United States. The claims, referred to as the Lithium Butte property, is found in the Basin and Range province of west-central Utah. The new property is said to consist of 60 lode claims covering 1,200 acres. Located on BLM land, the property is said […]
CSE Issue HODL Sells Out Of Bitcoin, Ethereum Holdings
In terms of the crypto market, there are signs that we may have nearly hit the bottom. Cypherpunk Holdings (CSE: HODL) might be one of those signs, indicating yesterday that it has sold off its crypto assets, despite its ticker symbol being an acronym popularly used in the crypto space as a reference to “hold […]
Newsom, Lawmakers Reach Agreement To Send Californians US$17 Billion in Inflation Relief
California Governor Gavin Newsom, Senate President Pro Tem Toni Atkins, and Assembly Speaker Anthony Rendon have come to an agreement for US$17 billion in inflation relief for millions of taxpayers. According to the agreement which was announced late Sunday night, here’s how the inflation relief package will be broken down: Individuals with income of up […]
BMO Lifts Long Term Uranium Price Outlook To $58 Per Pound
On Sunday BMO Capital Markets released an in-depth report on the uranium market, saying that the recent events in Ukraine have provided a tailwind for the sector as more countries look to build nuclear power plants. BMO writes, “The role of uranium, and wider nuclear technology, in a low-carbon global economy, is becoming ever clearer […]
Robert Friedland’s Ivanhoe Electric Prices June’s Biggest IPO At US$169 Million, But Jim Cramer Says No
Electric metals exploration company Ivanhoe Electric Inc. (NYSE: IE), owned by mining billionaire Robert Friedland, began trading on the New York Stock Exchange today. The firm priced its initial public offering for aggregate proceeds of approximately US$169.1 million, putting the company’s valuation at around US$1.1 billion. The offering consists of 14,388,000 common shares at US$11.75 […]
Are Russian Sanctions Hurting The West More?
SmallCapSteve sits down with Jim Lewis, co-founder of r/WallStreetSilver. Jim sits down with Steve to talk about inflation, interest rates, the potential for a recession, what’s happening in the labor sector, the impact of the Russian oil ban, whether oil and gas are still worth it, and what commodities are still in play or even […]
Russia Rejects Debt Default Claims: “Absolutely Unjustified”
After the White House declared that Russia defaulted on its international bonds–for the first time in more than a century–the country is shunning the characterization of its lender status. “Statements of a default are absolutely unjustified,” Kremlin spokesperson Dmitry Peskov said on Monday. Instead, Moscow said investors blamed the Western financial agents who allegedly received […]
Sri Lanka Shuts Off Fuel Taps As Supply Dries Amid “Complete” Economic Collapse
After admitting the country’s economy has completely collapsed, the Sri Lankan government is closing all fuel pumps for two weeks, save for essential services. This follows after the South Asian nation increased petrol prices by 22% and diesel prices by 15% on Saturday amid virtually running out of fuel reserves. Oil cargoes due for deployment […]
US Strategic Petroleum Reserve Falls Below 500 Million Barrels, Lowest Since 1986
Continuing on with its plan of releasing 1 million barrels per day, the United States has seen its Strategic Petroleum Reserve fall below 500 million barrels–its lowest level in more than three decades. Based on the latest data from the US Energy Information Administration, the country’s reserves were 511.6 million barrels for the week ended […]
Voltage Metals Completes 2,460 Metre Drill Program At St Laurent Property
Drilling has been completed by Voltage Metals (CSE: VOLT) at its St Laurent property, which is located northeast of Timmins, Ontario. The program was completed in conjunction with downhole geophysical surveys as the company looks to gain a better understanding of mineralization on the property. A total of seven holes were conducted under the program, […]