Siemens to Invest $285 Million in New US Manufacturing Facilities
Siemens AG (ETR: SIE) announced plans to invest $285 million in US manufacturing operations, unveiling two new facilities for electrical products in Fort Worth, Texas, and Pomona, California. The investment is expected to create more than 900 skilled manufacturing jobs. The German technology company revealed Thursday that this expansion will more than double its production […]
Tuberville Shrugs Off Market Rout, Says Stock Values Were Inflated
Republican Senator Tommy Tuberville defended recent stock market declines on Monday, attributing the drop to a market correction rather than President Donald Trump’s tariff policies. “The only problem you have with these tariffs, there’s always a scoreboard. And that’s gonna be the stock market,” Tuberville told Fox Business host Larry Kudlow. The Alabama senator suggested […]
Endeavour Mining Q4 Earnings: Cash Flow Isn’t Everything
If you want a sign that the markets are looking weak lately, perhaps take a look at the performance of Endeavour Mining (TSX: EDV) following the release of their fourth quarter results on Thursday. Despite producing record free cash flow in the fourth quarter, the company was basically flat on the day following the release […]
i-80 Gold: The Granite Creek Open Pit PEA
Sometimes you have to give credit where its due. While i-80 Gold (TSX: IAU) has had substantial problems in terms of its financial status, there is one spot that it is exceeding its peers: progressing its projects. At least with respect to talking to the market. Now, I’m not saying their plans will work. But […]
Trump’s Approval Ratings Slip Underwater as Polls Show Growing Economic Concerns
President Donald Trump’s approval ratings have fallen below the break-even point according to comprehensive polling averages, despite his recent March 4 address to a joint session of Congress which aimed to bolster public support. Silver Bulletin’s analysis shows Trump’s approval rating averages now clearly underwater at 47.3% positive and 49.0% negative. RealClearPolitics, which uses a […]
Franco-Nevada Q4 Earnings: Good Not Great
After what was arguably a terrible year for Franco-Nevada (TSX: FNV), the company actually managed to pull off a decent fourth quarter. The major royalty holder hit consensus estimates for both earnings per share and revenue. While they failed to hit the original guidance issued for 2024, Franco did manage to reach the upper end […]
The Big Pump? Senator Lummis Introduces Strategic Bitcoin Reserve Bill
Senator Cynthia Lummis has introduced legislation to establish a Strategic Bitcoin Reserve, a government initiative that would acquire up to 1 million bitcoins over five years, according to cryptocurrency media reports. The legislation details a program to purchase approximately 200,000 bitcoins per year. Based on current valuations, the total acquisition could exceed $80 billion. According […]
First Quantum Sees New Light In Restarting Cobre Panama
Panama’s decision to allow the export of copper concentrate from First Quantum Minerals’ (TSX: FM) long-shuttered Cobre Panama mine has reignited hopes for a full restart of one of the world’s most significant copper operations. President Jose Raul Mulino’s authorization paves the way for the release of over 120,000 metric tons of copper concentrate that […]
Russia Agrees To A Ceasefire With Ukraine… Or Did It?
Russia’s stance on a proposed 30-day ceasefire in Ukraine has ignited renewed uncertainty. Despite initial expectations of a more accommodating attitude toward peace negotiations, statements from the Kremlin have underlined its reluctance to halt military activities under terms it deems unfavorable. For weeks, rumors of a possible breakthrough had gathered momentum, following a proposal for […]
German Spy Agency Believed COVID-19 Likely Leaked from Chinese Lab, Media Reports
Germany’s foreign intelligence service concluded with 80-90% confidence that the coronavirus pandemic likely originated from a laboratory accident in China, according to an investigation by two German newspapers published Wednesday. The German Federal Intelligence Service or Bundesnachrichtendienst (BND) assessment, codenamed “Project Saaremaa,” was conducted in 2020 but never publicly released, German newspapers Die Zeit and […]