Canada Sees Inflation Rise By 2.9% In January
The Consumer Price Index in Canada experienced a notable deceleration in January, rising by 2.9% on a year-over-year basis, a drop from December’s 3.4% increase. This slowdown was primarily influenced by a significant drop in gasoline prices, which decreased by 4.0% year over year in January, contrasting with a 1.4% increase the previous month. The […]
Sayona Mining Reports Post-Tax NPV(8%) Of $2.2 Billion For Moblan Lithium Project In James Bay Region
Sayona Mining (ASX: SYA) is reporting that its Moblan Lithium Project, found in the James Bay Region of Quebec, has a net present value (8%) of C$2.2 billion on a post-tax basis based on a recently conducted feasibility study. The Moblan Mine is said to be the centerpiece of Sayona’s mining hub in the James […]
Aurora Cannabis Replaces CFO, Conducts Reverse Split
Aurora Cannabis (TSX: ACB) is reporting this morning that it is replacing its chief financial officer in favor of an executive with decades of experience working for a leading multinational pharmaceutical company. Glenn Ibbott, who has served in the role of CFO with Aurora since 2017, will be leaving the company’s leadership team effective February […]
Reddit Signs $60 Million Per Year Deal For AI Training Data
$60 million per year, so far — that’s how much licensing Reddit’s vast trove of content is worth for artificial intelligence training. Bloomberg reported on Friday that the San Francisco-based company has signed a contract with a still unnamed “large AI company,” citing sources familiar with the matter. The deal comes as Reddit inches closer […]
Shortfall In Uranium Increases As Demand Grows
A thread on X by retired Earth sciences researcher John Quakes delved on the latest report by World Nuclear Association (WNA) released this month. Key findings indicate a surge in uranium demand, raising concerns amidst production setbacks and geopolitical tensions. According to the data, there are 436 operable reactors worldwide, with 62 under construction, 118 […]
Turkey Cancels Environmental Permits For SSR Mining’s Copler Mine, Detains Company Director
A massive landslide at Anagold Madencilik’s Copler gold mine in Turkey’s Erzincan province has left nine workers trapped under rubble, sparking a search and rescue operation that has been ongoing for six days. Cengiz Demirci, a director of Anagold’s parent company, SSR Mining’s (TSX: SSRM), has also been detained, along with eight other mine employees, […]
Supporting Fraud? Truckers Vow To Stop Delivering To NYC After Trump’s Fraud Case Ruling
A still unknown number of truckers, led by MAGA influencer with the X handle Chicago Ray, are saying that they will not be accepting freight for New York City following the February 16 ruling of Judge Engoron on former president Donald Trump’s fraud case. The protest reportedly started after Chicago Ray posted a video on […]
Trump Launches Sneakers at Sneaker Con, Man Buys Signed Pair for $9000
Speaking of cons, former president Donald Trump appears to have found a new way to cash in on the flurry of court action. Just a day after being ordered to pay at least $355 million in his New York civil fraud trial, he was selling shoes at Sneaker Con in Philadelphia. “This is something I’ve […]
China’s Dominance in Global Element Production Risks Supply Flow Amid Constraints
China’s dominance in global element production has become increasingly apparent, sparking concerns over supply disruptions and geopolitical implications. A recent analysis reveals that China stands as the leading producer of a significant portion of the periodic table, exerting substantial influence over various industries worldwide. According to a thread by Balaji, China’s pivotal role in element […]
Are We Really Near Passing SAFE Banking Act This Time?
Negotiations over a pivotal section of the cannabis banking bill appear to be reaching their conclusion, signaling potential progress in the ongoing efforts to address banking challenges facing the cannabis industry. According to insights provided by Politico correspondent Natalie Fertig and statements from key lawmakers and stakeholders, discussions have intensified over Section 10 of the […]