NevGold Stakes Copper Project In Idaho Adjacent To Hercules Silver
NevGold Corp (TSXV: NAU) has staked new claims in Idaho in hopes of making the next big copper discovery. The claims are on trend to the recent major discovery made by Hercules Silver (TSXV: BIG), and are contiguous to certain claims held by Hercules. Approximately 2,000 hectares of claims have been staked by NevGold 20 […]
Surge Battery Metals Outlines Plans For Eight Hole Drill Program
Surge Battery Metals (TSXV: NILI) has released its drill plan for 2024 for its flagship Nevada North Lithium Project. The company has indicated it intends to drill test outside of the current resource footprint. Drilling in 2024 is set to occur largely in regions where Surge does not wholly own the mineral claims. The company […]
Rolexgate: Peruvian President Vows to Stay Amid House Raid Controversy
Peruvian President Dina Boluarte stood firm in her position, declaring she will not resign despite a recent raid on her residence by authorities investigating allegations of potential illicit enrichment. The raid, conducted by approximately 20 officials from the public prosecutor’s office and 20 police, targeted Boluarte’s home on Friday night, followed by a search of […]
Stability AI Isn’t Very Stable, Defaults on AWS and Google Cloud Payments
Generative AI startup Stability AI, known for the deep learning, text-to-image model Stable Diffusion, has been grappling with mounting financial challenges. Its founder Emad Mostaque stepped down in March as CEO and board member. According to a report by Forbes, the company struggled to pay its cloud computing bills last year as development costs for […]
$2 Billion Worth of Seized Silk Road Bitcoin Moved Ahead of Potential US Government Sale
Several blockchain analytics firms reported that a US government account holding nearly $2 billion worth of Bitcoin seized from the former dark web market Silk Road completed multiple transactions on Tuesday. The transfers are seen as a precursor to an expected liquidation of the assets by authorities. The digital wallet, which initially contained 30,174 Bitcoin, […]
Teck-Korea Zinc Deal Points to Looming Zinc Supply Crunch
The latest treatment charge agreement between Canadian miner Teck Resources (NYSE: TECK) and Korea Zinc Inc (KRX: 010130) may signal that the zinc market is headed toward a supply crunch. Treatment charges, paid by miners to smelters for processing raw materials into refined metal, typically decrease when mine output falls and smelters compete for limited […]
Smugglers Use Tether to Evade Russian Sanctions — Report
Tether has emerged as a major facilitator for Russian entities looking to work around Western sanctions over the invasion of Ukraine, according to a recent report from the Wall Street Journal. Tether, which claims to be backed one-to-one by US dollars, has become the preferred payment rail for a “shadow trade” keeping key Russian industries […]
Disney Wins Board Seat Fight Against Nelson Peltz’s Trian
The Walt Disney Co (NTSE: DIS) has fended off a high-profile board challenge from activist investor Nelson Peltz’s Trian Fund Management, according to an exclusive report from Reuters which cited people familiar with the matter. As of Tuesday evening, enough shareholder votes had been cast to re-elect Disney’s slate of directors, defeating Peltz and former […]
Project Generators: DD On The Go, Ep. 1
Welcome to the first episode of DD on the Go! – a new series focused on conducting on the ground due diligence to get an inside view of just what exactly a company has to offer.
Amazon Abandons Checkout-Less Tech That Secretly Used 1,000 Indian Employees Watching Cameras
Amazon (Nasdaq: AMZN) is doing away with the “Just Walk Out” checkout-less technology at its Fresh grocery stores after running into significant operational challenges. The system, first introduced in 2018, aimed to allow customers to seamlessly enter, shop, and exit the store without going through a traditional checkout process. Instead of relying solely on artificial […]