Another Big Silver Deal! Coeur Mining Acquires SilverCrest for $1.7 Billion
There’s been another major silver transaction in the mining sector. Silvercrest Metals (TSX: SIL) is set to be acquired by Coeur Mining (NYSE: CDE) for a $1.7 billion price tag, to create what they call a leading global silver company. The deal follows another major transaction last month, which saw First Majestic Silver (TSX: AG) […]
Robinhood Chief Legal Officer Emerges as SEC Chair Contender If Trump Wins
Dan Gallagher, the Chief Legal Officer of popular online brokerage firm Robinhood Markets (NASDAQ: HOOD), has reportedly emerged as a leading contender to head the Securities and Exchange Commission if Donald Trump reclaims the presidency. This development, first reported on by Politico, comes as the SEC is reportedly considering legal action against Robinhood over its […]
Liberals Appoint Wife of Bloc Québécois Leader to Head Federal Research Foundation
The Liberal government has appointed Nancy Déziel as the new Chair of the Canada Foundation for Innovation’s (CFI) Board of Directors. The announcement was made by Innovation, Science and Industry Minister François-Philippe Champagne last Friday. Déziel will serve a three-year term effective September 20, 2024. The CFI, an independent organization created in 1997, plays a […]
Geico Doesn’t Want to Insure the Tesla Cybertruck
Geico, one of America’s largest auto insurers, appears to be no longer insuring the Tesla (Nasdaq: TSLA) Cybertruck, following initial reports of the company’s refusal to renew expiring policies on the vehicle earlier this year. The latest incident involves Robert Stevenson, a Cybertruck owner who recently received a notice from Geico saying that his insurance […]
US Investigates Major Telecom Hack Linked to Chinese Intelligence
A major cybersecurity breach linked to the Chinese government has compromised the networks of several prominent US broadband providers, including Verizon Communications (NYSE: VZ), AT&T (NYSE: T), and Lumen Technologies (NYSE: LUMN), according to an exclusive report from the Wall Street Journal. This intrusion, discovered in recent weeks, potentially gave hackers access to sensitive information […]
Canadian Natural Resources Drops $6.5 Billion To Acquire Certain Chevron Assets In Alberta, Adds 122,500 BOE/d To Production Profile
Canadian Natural Resources (TSX: CNQ) is significantly enhancing its production profile in Alberta, announcing a transaction this morning with Chevron Canada to acquire their 20% interest in the Athabasca Oil Sands Project, as well as their 70% working interest of light crude oil and liquid rich assets in the Duvernay play. The transaction, which will […]
Ivanhoe Cuts Copper, Zinc Guidance Following Q3 Production Results
Ivanhoe Mines (TSX: IVN) this morning published its production results for the third quarter of 2024, in advance of its full financial results which are slated to be released before market open on October 30. Ivanhoe saw production of 116,313 tonnes of copper in concentrate at Kamoa-Kakula, in addition to 17,817 tonnes of zinc in […]
Plurilock Secures US$1.7 Million Contract With Semiconductor Manufacturer
Plurilock Security (TSX: PLUR) appears to be making significant inroads with major semiconductor manufacturers. The company this morning indicated it has signed yet another contract with an operator in the space.
Lithium Market Shakeup: Rio Tinto in Talks to Acquire Arcadium
Rio Tinto (ASX: RIO), one of the world’s largest mining companies, is reportedly in talks to acquire Arcadium Lithium (NYSE: ALTM). According to recent reports, Rio Tinto is considering a bid that would value Arcadium between $4 billion to $6 billion, signaling a significant push into the lithium sector. The potential acquisition aligns with comments […]
Robert Eckford: The Storied Leadership That’s Shaping RUA Gold
In the landscape of the gold mining industry, few executives have made their mark as swiftly as Robert Eckford. Now at the helm of RUA Gold Inc. (TSXV: RUA), Eckford has demonstrated an eye for opportunity, navigating some of the mining industry’s significant transactions over the last six years.