Social Media Showdown: Substack Vs Twitter
So, here we are, in the midst of an online cage match between Twitter and Substack. Two platforms that were supposed to make our lives more interesting by giving us instant access to the thoughts of people we care about, or at least pretend to care about. Twitter, now in the iron grip of its new […]
75% of Americans Don’t Think Crypto Is Safe or Reliable, But 69% of Crypto Investors Have Kept Their Holdings
While a vast majority of people who’ve heard of crypto “are not confident” in its safety and reliability, it seems it will take more than high-profile crypto exchange implosions, bank runs, and bankruptcies for a majority of cryptocurrency investors to sell off, Pew Research Center found in a new study. The new study, conducted from […]
E.ON Hikes Energy Prices 45% As Germany Winds Down Its Last Nuclear Plants
Germany began shutting down its three remaining nuclear power reactors on Saturday as part of a long-planned shift to renewable energy. The international community was keeping a tight eye on the shutdown of the reactors Emsland, Neckarwestheim II, and Isar II, which was agreed to more than a decade ago. Other developed countries, like the […]
SEC Charges Bittrex For Operating An Unregistered Exchange As Firm Moves To Exit US
Bittrex, previously one of the largest US-based crypto platforms, announced earlier this month that it will stop its domestic operations next month and allow users to withdraw their digital assets and US dollars. The firm’s counsel later revealed that the Securities and Exchange Commission’s (SEC) enforcement staff informed the crypto firm in March that it […]
Teck Soars To 11-Year High As It Fields Bids For Base Metals Business Ahead Of Split
Multiple mining firms have reportedly approached Teck Resources Limited (NYSE: TECK) to seek agreements for its base metals division if the Canadian copper miner goes forward with its planned split. The approaches come from more than six mining companies interested in transactions – including Brazilian miner Vale, British Anglo American, and Arizona-based Freeport-McMoRan – if […]
Elon Musk Grants Pierre Poilievre’s Wish, Labels CBC As ‘Government-Funded Media’
Twitter has put a “government-funded media” label on the Canadian Broadcasting Corporation’s (CBC) account, the latest in a series of designations for media organizations on the social media platform. The move comes after Twitter tagged NPR, PBS, and BBC with the same label, and less than a week after Conservative Party leader Pierre Poilievre wrote […]
Sigma Lithium Starts Production Of Lithium Concentrate
After securing an operating license for its Grota do Cirilo mine in Brazil last week, Sigma Lithium (TSXV: SGML) has officially started production. The firm this morning indicated that has achieved the first production of “battery grade sustainable lithium concentrate.” The achievement was met after the company successfully commissioned its phase 1 greentech plant. With […]
West Red Lake Gold To Acquire Pure Gold’s Madsen Mine In Deal Pegged At $18.5 Million
Pure Gold Mining (TSXV: PGM) announced on Monday that it has entered into an agreement with West Red Lake Gold (TSXV: WRLG) and Sprott Resource Lending where it would agree to sell all of its issued and outstanding shares to WRLG. The two Vancouver-based miners agreed that WRLG will pay $6.5 million in cash and […]
Emergent Metals Hits 19.96 g/t Gold Over 1.1 Metres
The results are in for Emergent Metals (TSXV: EMR) recently completed phase one drill program, conducted at its Trecesson Property in Quebec. The program consisted of 2,349 metres of drilling in aggregate, which was conducted across a total of seventeen holes. Drilling under the phase one program targeted the Cossette North as well as the […]
China Cuts Steel Output Over Environmental Concerns, Leading To Falling Iron And Coal Prices
Various media sources report that China, which produces just over half of the world’s steel, plans to cap 2023 domestic steel production at 2022 levels. One caveat is that China could choose to amend this policy at some point in the second half of 2023. China’s decree for 2023 follows similar decisions in 2021 and 2022 to […]