The Grain War: 7 Million Expected To Go Hungry As Russia Nixes Grain Deal With Ukraine
Russia is withdrawing from the internationally-mediated agreement that permits Ukraine to export grain from its Black Sea ports, citing an accusation that Kiev launched a “massive” drone strike on the country’s Black Sea Fleet in Crimea’s Sevastopol. Ukraine’s infrastructure ministry reported that 218 ships were immediately affected. Around 95 had already departed its ports and […]
Tesla Discussed Taking Equity Stake in Swiss Mining Company Glencore
Tesla (NASDAQ: TSLA) allegedly held talks with Glencore about a potential equity stake in the Swiss mining company in an effort to secure precious metals vital to its production of electric vehicles. According to the Financial Times which cited individuals familiar with the matter, Tesla and Glencore talked about the EV maker potentially taking a […]
Japan Government Announces Unprecedented Spending Package to Tackle Soaring Inflation, Weakening Yen
The Japanese government unveiled a new economic spending package to the tune of $270 billion, in a desperate effort to uphold the country’s currency and support a weakening economy thanks to surging inflation. The package, announced late last week, earmarks funds for both local and central governments, with the intention of “overcoming rising prices and […]
US Diesel Crisis: Fuel Company Warns of Widespread Diesel Shortages
Fuel supply company Mansfield Energy is sounding the alarm over a diesel shortage that is rapidly developing into a widespread crisis. On Friday, Mansfield Energy issued a statement about a worsening diesel shortage across the southeastern part of the US. The fuel company blamed record-low diesel reserves and a lack of adequate pipeline infrastructure as […]
Spey Resources Successfully Extracts 99.5% Lithium Carbonate
Spey Resources (CSE: SPEY) on Friday evening reported that it has successfully produced lithium carbonate from lithium chloride that was extracted from brines at the firms Incahuasi Salar at its Candela II project in Argentina. The method used is said to consist of a proprietary process known as Ekosolve. The lithium carbonate was produced at […]
Pure Gold Mining Files For Creditor Protection – Despite Raising Over $62.0 Million This Year
The inevitable finally happened this morning when Pure Gold Mining (TSXV: PGM) announced that it has filed for creditor protection, after struggling to make its mine profitable after a tumultuous year for its operations. The development follows the news last week that the company was forced to suspend operations at its mine due to cash […]
Core Assets Hits 1,145 g/t Silver Over 1.16 Metres In Partial Assays
Core Assets Corp (CSE: CC) has received the first assay results from drilling conducted at its Silver Lime porphyry-CRD project, found on its Blue Property in northwestern British Columbia. The results come from a drill program that saw a total of 5,565 metres in aggregate drilled on the property. Assays return consist of select intervals […]
Lula Makes A Stunning Return; Bolsonaro Becomes First Brazilian President To Fail To Get Re-elected
Brazil’s outgoing president Jair Bolsonaro has one more thing in common with Donald Trump — both have failed to get reelected, becoming single-term presidents. Far-right incumbent Bolsonaro lost via a hairline margin against the leftist champion, Luiz Inácio Lula da Silva. Lula secured 50.9% of the vote, while Bolsonaro received 49.10%. In Brazil, a candidate […]
Hydrograph Clean Power: Disrupting The Graphene Industry
There are rare moments in history where investors are offered an opportunity to participate in the growth of an emerging revolutionary technology at the ground floor – as well as the company leading the charge. Graphene is that industry. And the confluence of advances in nanotechnology, chemistry, and manufacturing processes are positioning graphene to become […]
Microsoft: BMO Cuts Target To $270 After Weak Q1 Earnings
Microsoft (Nasdaq: MSFT) last week released their first quarter results for fiscal 2023, which ended on September 30th, 2022. The company announced that revenues increased 11%, or 16% on a constant currency basis, to $50.1 billion. While operating income increased by 6% to $21.5 billion. Though this did not trickle down to the company’s net […]