Burkina Faso Is Cracking Down On Gold Exports
Burkina Faso’s military leadership has announced an immediate halt on the issuance of export permits for gold and other precious commodities sourced from artisanal and semi-mechanized operations. The decision, detailed in a February 20 statement, aims to restructure and enhance the regulation of the sector. The government’s move seeks to address the organization and marketing […]
Carvana Drives Share Surge Despite Revenue Miss
Carvana (NYSE: CVNA) shares experienced a rollercoaster ride as the company delivered mixed results for its fourth-quarter performance, coupled with promising projections for the future, leaving investors with a blend of optimism and confusion. The stock initially soared by as much as 33% in after hours trading after Carvana reported worse-than-expected earnings, with fourth-quarter adjusted […]
Lynx Air Files For Creditor Protection, Operations To Cease Monday
Canadians are about to again have fewer options when it comes to air travel. Lynx Air, a Calgary-based low cost airline, has filed for creditor protection under the Companies Creditors Arrangement Act with the Court of King’s Bench of Alberta. The company at the same time has indicated that it will cease operations as of […]
Filo Mining Hits 1,077 Metres Of 0.52% Copper, Expands Deposit To The West
Filo Mining (TSX: FIL) continues to see results from a deep drilling campaign being conducted at its flagship Filo del Sol Project in Argentina. The firm late last night posted the results of three drill holes, which were intended to expand the size of the deposit to the west. Highlights from the results include: FSDH097: […]
Reddit: The High Level Details Of The IPO
The popular online platform Reddit has revealed its intention to go public on the New York Stock Exchange (NYSE) under the symbol “RDDT.” This move marks the first initial public offering (IPO) of a social network since Pinterest’s debut in 2019. Despite the announcement, specific details regarding the number or price of shares, as well […]
What Is Going On With Boeing Planes?
Kevin Clarke was aboard United Flight 354 when he witnessed a Boeing (NYSE: BA) 757-200’s wing falling apart during the flight. Clarke, equipped with his cell phone, captured the unnerving incident as the plane executed an emergency landing in Denver. The flight, en route to Boston from San Francisco, faced a critical situation necessitating an […]
Russian Central Bank Revokes Qiwi Bank’s License Following Violations and ‘High-Risk’ Operations
Russia’s central bank announced on Wednesday that it has revoked the banking license of Qiwi Bank (Nasdaq: QIWI; MCX: QIWI) following multiple violations and involvment in what the central bank described as high-risk transactions. “The bank’s activities were characterized by involvement in high-risk transactions aimed at ensuring settlements between individuals and shadow businesses, including transfers […]
Copper, Gold To See ‘Immediate Price Boost’ From Potential Rate Cuts
Analysts at Goldman Sachs are projecting potential interest rate cuts by the US Federal Reserve could immediately propel metals, particularly copper and gold. “The immediate price boost from a Fed driven 100 basis point decline in U.S. 2-year rates is the largest for metals, especially copper (6%), and then gold (3%), followed by oil (3%),” […]
The Solution To Antibiotic Resistance – With Cytophage CEO Dr Steven Theriault
FULL DISCLOSURE: This is sponsored content for Cytophage Technologies. In this interview, Dr. Steven Theriault BSc, MSc, PhD, CEO of Cytophage Technologies Ltd (TSXV: CYTO), sits down with Small Cap Steve to shed light on Cytophage’s groundbreaking work in health science, specifically addressing bacterial infections through tailored bacteriophages. Bacteriophages, viruses that selectively infect and eliminate […]
Beijing Implements Strict Trading Ban on Institutional Investors to Curb Market Declines
China is implementing what could be its most aggressive restriction yet in its struggle to keep its $8.6 trillion stock market afloat. Major institutional investors are now prohibited from selling stocks at the opening and closing of the trading day. This directive, issued by the China Securities Regulatory Commission (CSRC) under the leadership of its […]