Oil Comes Back With A 5% Jump After The Recession-Fueled Two-Day Loss Was Outweighed By Supply Constraints
Crude oil benchmarks West Texas Intermediate and Brent saw prices gain as much as 5%, just two days after the resource had a selloff believed to have gone too far. WTI previously plunged from a week-high of US$111.13 on Tuesday to US$98.44 just a day after as fears of recession fueled less demand in trading […]
Boris Johnson Resigns But Is Not Leaving The Prime Minister Seat Yet
It took more than 50 ministers to resign from the government and resounding ousting calls from the rest before the embattled UK Prime Minister Boris Johnson decided to finally step down. However, he’s keeping the seat warm until the next leader is elected, which includes a process that could take months. “The process of choosing […]
Elon Musk Fights Population Decline, Has Three Children In 2021
Elon Musk, the wealthiest person on Earth, has a lot going on. It seems that one of these things is to make sure that he does what he can to beat what he calls the looming population crisis. The Tesla CEO reportedly had twins with Neuralink executive Shivon Zilis in November last year, just weeks […]
The Real-World Future Of DeFi – The Daily Dive
Sitting with SmallCapSteve for the first time today is Diana Biggs, Chief Strategy Officer of Valour Inc. (NEO: DEFI), an Exchange Traded Product (ETP) issuer. She joins us to talk about the recent crypto inflow cycle before the Covid pandemic, and the current crypto macro-environment. Also discussed is Valour and its business model. Valour Inc. […]
Argonaut Gold: Canaccord Slashes Target To $0.65 Following Dilutive Financing
On July 5, Argonaut Gold (TSX: AR) announced that they closed a C$195.3 million offering that saw the sale of 434 million shares at C$0.45 per share. The company says that the net proceeds will be used “for the construction of the Company’s 100% owned Magino project in Ontario, Canada and for general corporate purposes.” […]
France Announces Plan To Take 100% Control Of Utility Firm EDF, Company To Launch CEO Succession Process
The French government announced its plans to fully nationalize the country’s power utility giant Électricité de France (EDF). The state, which already owns 84% of the firm, is set to take the entire ownership of the electricity producer. “I confirm to you today that the state intends to control 100% of EDF’s capital,” Prime Minister […]
Who Will End Up Paying For Germany’s Gas Once Russian Taps Close?
Underlying Germany’s draft law that would essentially allow the government to bail out ailing energy companies like Uniper, there lies a measure that could potentially dictate the country’s local gas prices. Berlin put forth a reform to the energy security law which would enable the government to aid energy firms struggling with rising prices through […]
Gatekeeper Systems Receives $2.35 Million Contract Renewal From SEPTA
Gatekeeper Systems (TSXV: GSI) this morning continued to expand on a relationship already in place with the Southeastern Pennsylvania Transit Authority. The firm has been awarded another purchase order from the firm, which follows a $5.1 million order received in May. The latest purchase order consists of a one-year contract extension related to vehicle video […]
NGEx Minerals Intersects 0.51% Copper, 0.27 g/t Gold Over 989 Metres
NGEx Minerals (TSXV: NGEX) continues to hit extensive intercepts of copper mineralization at its Los Helados project in Chile. The firm last night released results from another hole, with final results from the ten hole drill program expected to be released in the coming weeks. Highlights from the results include: LHDH077: 989 metres of 0.51% […]
Emerita Resources Hits 2.13 g/t Gold Over 39.9 Metres
Emerita Resources (TSXV: EMO) this morning provided additional results from the ongoing drill program at the Romanera Deposit at its Iberia Belt West property, found in Spain. A total of three results were released this morning, with results pointing to higher than expected gold and silver grades when compared to historical results for the region. […]