US Bitcoin ETFs Face Record Outflows Amid Market Volatility
The US Bitcoin exchange-traded funds (ETFs) market is experiencing its longest streak of daily net outflows since the funds’ debut earlier this year. According to data compiled by Bloomberg, investors withdrew close to $1.2 billion from 12 Bitcoin ETFs over an eight-day period ending on September 6, 2024. This marks a significant retreat from the […]
Securing Antimony Amid China’s Export Curbs This Week
FULL DISCLOSURE: This is sponsored content for Hertz Energy. China’s decision to impose export controls on antimony has sent shockwaves through the global minerals market, raising fresh concerns about the West’s reliance on Chinese-controlled supply chains for critical materials. On August 15, 2024, China’s Ministry of Commerce announced that it would begin enforcing export controls on […]
Anwar Ibrahim: Oil Exploration to Continue Despite Chinese Claims
Malaysian Prime Minister Anwar Ibrahim reaffirmed his country’s commitment to continue oil and gas exploration activities in the South China Sea, despite objections from China. The statement comes in response to a leaked diplomatic note from Beijing, which accused Malaysia of infringing on Chinese territory. Prime Minister Anwar emphasized that Malaysia’s actions were not intended […]
Elon Musk’s xAI Pursues Revenue Share Deal with Tesla
In a growing web of interconnectedness between Elon Musk’s companies, the artificial intelligence startup xAI is reportedly discussing a deal with Tesla (NASDAQ: TSLA) that could fundamentally reshape the future of both entities. The proposed arrangement, as described to investors, would see Tesla share some of its revenue with xAI in exchange for access to […]
Newsom’s Veto Blocks Undocumented Immigrants from State Home Loan Program
California Governor Gavin Newsom has vetoed Assembly Bill 1840, which aimed to expand the California Dream for All Shared Appreciation Loans program to include undocumented immigrants. The decision, announced on Friday, was primarily based on budget constraints and the need for careful resource management. The California Dream for All program, launched last year, offers interest-free […]
G Mining Ventures Acquires Brazilian Gold Project From BHP
G Mining Ventures Corp. (TSX: GMIN) has taken significant steps to secure its future as a leading multi-asset gold producer with the acquisition of the CentroGold Project in Brazil and the delivery of a highly promising Preliminary Economic Assessment (PEA) for its Oko West Gold Project in Guyana. In a major transaction, G Mining signed […]
Regulatory Restrictions Are Starting To Force Canadian Firms to Relocate Overseas
Solaris Resources (TSX: SLS) announced a significant shift in its operational strategy as it begins the process of emigrating its head office to Ecuador. The decision comes in the wake of regulatory difficulties in Canada, particularly surrounding foreign investments in assets the Canadian government does not control. Solaris’ flagship Warintza Project, a copper and gold […]
First Phosphate Signs New Quebec Plant for Iron Phosphate Production
FULL DISCLOSURE: The Deep Dive is long the equity of First Phosphate. First Phosphate Corp (CSE: PHOS) has announced plans to develop a new iron phosphate plant in Saguenay-Lac-Saint-Jean, Quebec. This facility, referred to as “First Saguenay,” will produce 10,000 tonnes of iron phosphate annually, a key precursor in the manufacture of lithium iron phosphate […]
Outrage Grows as MP Hints at Media Obedience in Exchange for Subsidies
Liberal MP Taleeb Noormohamed, who also serves as the Parliamentary Secretary to the Minister of Canadian Heritage, is facing significant backlash after a controversial remark he made on social media. In response to criticism from National Post journalist Terry Newman, Noormohamed defended the federal government’s financial support for Canadian news outlets, implying that without these […]
Why are antimony prices exploding
This content was original published by The Oregon Group. A supply shortage has triggered the steepest rally in price “ever recorded” in the global antimony market since April, according to FastMarkets who began recording prices from January 1980. In May, prices reached US$17,588.88 per metric ton of antimony ingot, up 54% in 2024, according to the Shanghai Metals Exchange; prices […]