Magna Mining Hits 0.5% Nickel, 0.4% Copper Over 12.7 Metres At Crean Hill
Results from earlier exploration are proving hard to replicate for Magna Mining (TSXV: NICU). The firm this morning reported five additional assay results from ongoing drilling at its Crean Hill property. Highlights from the recent drill results include: MCR-23-014: 1.0% nickel, 0.8% copper, 0.2 g/t platinum, palladium and gold over 5.2 metres MCR-23-016: 0.3% nickel, […]
Curaleaf Q1 2023 Financials: Higher Revenue, Lower Margins, Wider Losses
Curaleaf Holdings (CSE: CURA) reported its Q1 2023 financials late last night, just days after publishing the results of the previous quarter. The cannabis firm posted $336.5 million in revenues, a sequential decline from Q4 2022’s $344.9 million but a 14% jump from Q1 2022’s $296.1 million. The company said its year-over-year revenue growth is […]
West Red Lake Gold Enters Definitive Agreement For Pure Gold’s Madsen Mine
It’s nearly official. West Red Lake Gold Mines (TSXV: WRLG) has reached a definitive agreement to acquire the Madsen Gold Project, following a binding letter agreement it entered into with Pure Gold Mining and a fund operated by Sprott Resource Lending Corp last month.
Lithium Americas: U.S. Interior Department Issues Favorable Thacker Pass Ruling
On May 16, the U.S. Interior Department issued a favorable ruling regarding Lithium Americas Corp.’s (TSX: LAC) giant Thacker Pass lithium mining project in northern Nevada. The government agency found that nearly the entire Thacker Pass site contains lithium, a required condition to a February 2023 federal court ruling that affirmed the Interior Department’s decision to grant a […]
Twitter Attempts to Defend Its Decision To Cave To Turkish Government
Twitter earlier this week defended its decision to restrict access to some content in Turkey ahead of the country’s presidential election. The social media company said it had to choose between limiting access to some content or being throttled completely by the Turkish government. “We were in negotiation with the Turkish Government throughout last week, […]
CIA Launches New Video, Telegram Channel to Recruit Russians
The US Central Intelligence Agency (CIA) wants to recruit “courageous Russians.” The agency on Tuesday launched a Telegram channel in an effort to attract Russians who wish to share information about the “truth about Russia.” Its inaugural post is a not-so-subtle recruitment video. “Our global mission demands that individuals can reach us safely and securely […]
Americans’ Credit Card Spending Slumped 1.2% in April
US consumer demand is showing signs of weakening, as households curtail their credit card spending for the first time since early 2021. Data from the Bank of America indicates that household expenditures on credit cards dipped 1.2% year-over-year in April, in line with the latest CPI print indicating the Fed’s aggressive tightening cycle is taming […]
Home Depot Shares Drop On Big Revenue Miss, Forecasts Sales To Further Decline
Home Depot (NYSE: HD) recorded its greatest revenue miss in more than 20 years on Tuesday and dropped its outlook for this year, as consumers postpone huge renovations and buy fewer big-ticket products like patio sets and grills. The retailer giant reported $37.26 billion in net sales for fiscal Q1 2023, down from Q1 2022’s […]
Martha Stewart, Oldest Sports Illustrated Swimsuit Cover Model, Says She’s ‘Absolutely’ Had No Work Done
Martha Stewart has made history by becoming the oldest model to ever appear on the cover of Sports Illustrated Swimsuit. The 81-year-old lifestyle icon posed for the magazine in a one-piece swimsuit and a photo of her cover was released on Monday. Stewart was a model in her 20s, but this marks the first time […]
Game-Changer: Finnish Nuclear Plant Sparks 75% Drop in Electricity Prices
The Olkiluoto 3 (OL3) nuclear power plant in Finland has only been fully operational since last month, and it is already having a significant impact on electricity prices in the country. According to physical electricity exchange Nord Pool, electricity prices have fallen by 75% since the plant began operating. OL3 nuclear plant is a 1,600-megawatt […]