Gold Demand Hits Record Q3 Value as Price Surges
Total gold demand reached unprecedented levels in the third quarter of 2024, surpassing US$100 billion in value for the first time as prices climbed to successive record highs, according to the World Gold Council’s latest Gold Demand Trends report. The quarter saw demand of 1,313 tonnes, marking a 5% increase compared to the same period […]
Quebec Announces Major Immigration Pathway Suspension and Potential Cuts
The Quebec government has announced a temporary suspension of two primary pathways to permanent residency as part of a comprehensive review of its immigration strategy. Immigration Minister Jean-François Roberge confirmed that the province will temporarily stop issuing Quebec Selection Certificates for both the Regular Skilled Worker Program and the Quebec Experience Program. The moratorium, which […]
SEC Probes Freeport-McMoRan Over Indonesian Smelter Safety
The US Securities and Exchange Commission has launched an investigation into Freeport-McMoRan Inc. (NYSE: FCX) regarding potential undisclosed seismic risks at its $3.7 billion copper smelter complex in Indonesia, according to a report from Bloomberg which cited sources familiar with the matter. The investigation stems from a 2022 whistleblower complaint filed by a former senior […]
Flora Growth Reaffirms Supply Deal After Curaleaf Denial
In an unusual twist of corporate he-said-she-said, cannabis giants Curaleaf Holdings (TSX: CURA) and Flora Growth (NASDAQ: FLGC) have found themselves embroiled in a public dispute about the nature—and even the existence—of a supply agreement between them. While Flora Growth has most recently affirmed a new supply agreement to distribute medical cannabis products in Germany, […]
Pump and Dump? Investigation Links MrBeast to $23M in Crypto Transactions
A new investigation is accusing YouTuber Jimmy “MrBeast” Donaldson of cryptocurrency misconduct, adding to a growing list of recent controversies. A team of digital investigators, led by crypto analyst Kasper Vanderloock, has published findings on Loock.io linking Donaldson to over 50 cryptocurrency wallets with transactions totaling approximately $23 million. The investigation claims Donaldson engaged in […]
Meta’s Nuclear-Powered AI Dreams Buzzkilled by Rare Bees
Meta Platforms Inc. (NASDAQ: META) recently hit a wall in its ambitious bid to create a nuclear-powered data center, thanks to the discovery of a protected bee species on the land earmarked for the project. Aiming to stay competitive in the AI arms race, Meta had hoped to use nuclear power to support its data […]
Gran Tierra’s Q3 2024 Profits Plunge 97% Amid Rising Costs and Oil Price Pressures
Gran Tierra Energy (TSX: GTE) released its third-quarter 2024 results, showing mixed performance amidst a challenging oil price environment and increased operational expenses. While the company continued its exploration successes in Ecuador, posting its sixth consecutive oil discovery, financial performance fell short compared to last quarter and last year’s figures, primarily due to unfavorable oil […]
BCE Acquires Ziply Fiber For $5.0 Billion, Pauses Dividend Growth
BCE Inc (TSX: BCE) is expanding its fibre footprint into the US, with the acquisition of Ziply Fiber for C$5.0 billion. The acquisition will enable the Canadian telecom oligopoly to take a commanding position in the Pacific Northwest of the United States, where Ziply is the leading fibre internet provider. The acquisition, to occur under […]
Rua Gold Hits 34.1 g/t Gold Over 0.2 Metres At Reefton
Rua Gold (TSXV: RUA) has again intersected gold mineralization under an ongoing drill program being conducted at its Reefton project, found on the South Island of New Zealand.
enCore Energy Guides To Delivering 740,000 lbs Uranium In 2025 As Part Of 5 Year Outlook
enCore Energy (TSXV: EU) this morning provided revenue and production guidance for the next five years, as part of its strategy detailing its current method of contracting. The outlook is based on seven contracts to supply uranium to nuclear power plants within the United States, as well as one contract with a uranium trading company, […]