Rua Gold Sees Siren Gold Shareholders Approve Acquisition Of Reefton Assets
After multiple delays to the shareholder meeting, Rua Gold (TSXV: RUA) has finally seen Siren Gold (ASX: SNG) shareholders approve the acquisition of Siren’s Reefton assets in New Zealand by Rua.
Canadian Copper Secures Right To Acquire Caribou Complex With 3,000 tpd Mill
Canadian Copper (CSE: CCI) has taken a major step in the development of its Murray Brook copper-zinc-lead-silver deposit in New Brunswick. The company has entered into a term sheet for the exclusive right to acquire the nearby Caribou processing plant complex. The complex, which operated as recently as August 2022, consists of a 3,000 tonne […]
Kazakhstan Clarifies Position on BRICS Partnership Status
Kazakhstan’s Ambassador to Russia, Dauren Abayev, has addressed speculation about his country’s relationship with BRICS, emphasizing that Kazakhstan has received partner country status while refraining from pursuing full membership in the organization. In a recent interview with TASS, Abayev dismissed what he called “groundless insinuations” in media coverage regarding Kazakhstan’s decision not to apply for […]
New York Stock Exchange To Move To 22-Hour Trading On Arca Platform
The New York Stock Exchange unveiled plans on Friday to extend trading hours on its all-electronic Arca exchange to 22 hours a day. The move, subject to regulatory approval, aims to capitalize on growing global demand for U.S.-listed securities and accommodate investors across various time zones. Under the proposed plan, NYSE Arca would operate from […]
Five Major U.S. Banks Face Billions in Losses as Surging Silver Prices Pressure Short Sellers
Silver prices have spiked significantly in October, climbing nearly 8% this month to exceed $33.60 per ounce, leaving some of the largest U.S. banks with potentially substantial losses tied to their short positions on the precious metal. This sudden increase has triggered concerns within the financial sector about potential repercussions for both the banking system and industries reliant on stable silver prices.
Americans Will Lead the Canadian Massive Bull Market | Collective Mining with Ari Sussman
In this interview at the Commodities Global Expo 2024, Ari Sussman, Executive Chairman of Collective Mining Ltd. (NYSE: CNL, TSX: CNL), provides insights into both market dynamics and his company’s operations. Sussman begins by addressing the disconnect between gold prices and Canadian junior mining stocks. He attributes this lag to structural issues in Canadian banking, […]
Newmont’s Q3 Earnings Breakdown: All That Glitters Is Not Gold
All that glitters is not gold. Newmont Corporation (TSX: NGT) on Wednesday reported its third quarter financial results after the close of the bell and well.. Lets just say that gold bugs had hoped for a more positive signal for the sector from the world’s largest gold producer. Lets dive in. The high level results […]
Canadian Banks Forbid Investment in Jr. Mining? | Power Nickel with Terry Lynch
In this interview at the Commodities Global Expo 2024, Terry Lynch, CEO of Power Nickel Inc., (TSXV: PNPN), offers investors a view of both company-specific opportunities and the structural issues affecting junior miners’ ability to access capital, even in a strong commodity price environment. Lynch begins by addressing the current momentum in the junior mining […]
New Jersey Poised to Be First U.S. State to Block Landlords’ Use of Rent-Boosting Software
In a first-of-its-kind legislative move, New Jersey could soon become the pioneering U.S. state to ban landlords from using algorithmic software to set rental prices—a practice that advocates argue has exacerbated the state’s already sky-high housing costs. After contentious debate and passionate testimony, a bill that would prohibit landlords from employing these pricing algorithms was […]
Kamala Harris Unveils Presidential ‘To-Do List’, Including Cannabis Reform
Presidential candidate Kamala Harris has released an ambitious policy platform that includes federal cannabis legalization alongside broader economic and social initiatives. The wide-ranging agenda addresses healthcare affordability, housing access, and tax reform. At the forefront of her drug policy reform, Harris pledges to federally legalize recreational cannabis, with specific provisions aimed at creating economic opportunities […]