Lithium Prices Rally To Three-Month High
Lithium prices are making significant gains today after a sustained plateau year-to-date. Battery grade lithium carbonate surged to CNY 98,000, a high not seen since December 2023. Similarly, industrial grade lithium carbonate rose to CNY 91,750, gaining strides from the recent three-month plateau. Spodumene prices soared by as much as 6% to CNY 6,985 as […]
DiagnaMed Begins Test Launch of CERVAI
A test launch is currently underway for CERVAI, which has been deemed as a world-first consumer brain health and wellness AI solution. The test is being conducted by the University of Miami’s Comprehensive Center for Brain Health.
ATHA Energy Sees Latitude Uranium Shareholders Approve Merger
ATHA Energy (CSE: SASK) has seen progress with respect to its massive three company merger that was announced late last year.
Hercules Silver Hits 1,660 g/t Silver Over 11.3 Metres
Hercules Silver (TSXV: BIG) has released further assays this morning from its Hercules Silver property in western Idaho. The latest results come from shallow drilling conducted in the upper plate, which is above the new Leviathan copper discovery it made late last year. Highlights from the results include: HER-23-17: 112.2 metres of 193 g/t silver, […]
Scotiabank Reports Q1 2024 Financials: Jump In Earnings Offset By Jump In Credit Loss Provision
The Bank of Nova Scotia (TSX: BNS), commonly known as Scotiabank, unveiled its first-quarter financial report for 2024, showcasing a notable surge in net income compared to the same period last year. The bank reported a net income of $2,199 million, a significant leap from $1,758 million in the corresponding quarter of the previous year. […]
Elon Musk Reportedly Blocking Starlink From US In Taiwan
Rep. Mike Gallagher, Chairman of the House Committee on the Chinese Communist Party (CCP), has penned a letter to Elon Musk, CEO of SpaceX, expressing concerns over SpaceX’s alleged refusal to provide global access to broadband internet services to the Department of Defense and other government agencies. The lawmaker has directed attention towards SpaceX’s handling […]
Is The Online Harms Act Trudeau’s Version Of Germany’s Enabling Act Of 1933?
Canadian Prime Minister Justin Trudeau has announced the introduction of the Online Harms Act, a comprehensive legislative effort aimed at regulating internet content. Emphasizing the imperative to address harmful content online, particularly to safeguard children, Trudeau outlined the key objectives of the proposed legislation. The Online Harms Act seeks to hold major internet platforms accountable […]
House To Vote On Nuclear Energy Package This Week
This week, the House of Representatives is poised to vote on the bipartisan “Atomic Energy Advancement Act,” a significant step toward modernizing nuclear energy legislation in the United States. The bill, formally known as H.R. 6544, was introduced by Representatives Jeff Duncan (R-S.C.) and Diana DeGette (D-Colo.), leading figures in the House Energy and Commerce […]
Is Canada’s Oil Sector Set For A Revival With The Trans Mountain Pipeline Expansion?
The Canadian oil industry is poised for a significant boost with the nearing completion of the Trans Mountain pipeline expansion project. This initiative, which has been over a decade in the making, is set to enhance the existing 1,150-kilometer pipeline that runs between Alberta and British Columbia, introducing a substantial increase in capacity from 300,000 […]
BMO Reports 22.8% Of Residential Mortgage Book Is In Negative Amortization
Canada’s banks have a problem. Despite being nearly two years into the interest rate hike cycle – the first 25 basis point hike under the current cycle occurred in March 2022 – the banks have been unable to get their lending books under control when it comes to home mortgages. The most recent example of […]