Denison Mines: Uranium Mining To Resume At McClean Lake After 16 Year Hiatus
High uranium prices have evidently led Orano Canada and Denison Mines (TSX: DML) to restart operations at the McClean Lake Joint Venture. McClean Lake, found in the eastern portion of the Athabasca Basin in Saskatchewan, currently consists of a mill as well as several uranium deposits. The mill, as per Denison, is currently processing ore […]
Tilray Closes Purchase Of Molson Coors’ Interest In Truss Beverage
Tilray Brands (TSX: TLRY) has finally closed on its acquisition of Truss Beverage Co. The company has bought out joint venture partner Molson Coors (NYSE: TAP) from the operation, in a transaction that was initially announced back in August 2023. The figures behind the transaction as of yet are undisclosed. Recent filings made by Molson […]
Grayscale Bitcoin Trust ETF Bleeds $515 Million On Tuesday
Bitcoin’s value dropped below $39,000 for the first time in almost two months as Grayscale’s Bitcoin Trust (GBTC) continues to bleed. Since its conversion to a spot Bitcoin exchange-traded fund (ETF) on January 11, GBTC has experienced significant outflows, which as of this writing is over $3.4 billion. On January 23, GBTC saw more outflows amounting […]
Federal Court Rules Trudeau’s Use of Emergencies Act On Truckers Unconstitutional
Canada’s Federal Court declared Prime Minister Justin Trudeau’s use of the Emergencies Act in 2022 to suppress protesting truckers as both unreasonable and unconstitutional. Justice Richard G. Mosley, in his ruling, stated that the decision lacked reasonableness, justification, transparency, and intelligibility, violating relevant factual and legal constraints. The application for judicial review, initiated by the […]
Bitcoin Falls Below $40,000 Following ETF Disappointment
Bitcoin has plummeted below the $40,000 mark for the first time this year, marking a 16% loss over the past two weeks. The decline is attributed to investors leveraging the recent launch of Bitcoin exchange-traded funds (ETFs) to capitalize on profits, causing the sentiment surrounding the leading cryptocurrency to dip. The cryptocurrency, which experienced a […]
CSIS Is Investigating A Conservative Nomination Vote
Canada’s spy agency, the Canadian Security Intelligence Service (CSIS), is probing into the Conservative Party of Canada’s 2023 nomination vote in Oxford, according to a report from PressProgress. The subject appears to be Conservative MP Arpan Khanna, who won the nomination following a tumultuous battle earlier that year. According to the publication, multiple sources within […]
Ukraine To Use American Technology To Build More Nuclear Power Plants In 2024
Ukraine’s Energy Minister, Herman Halushchenko, announced on January 21 that the country will begin the construction of nine blocks for nuclear power stations using American AR1000 technology this year. The move is part of the ministry’s efforts to boost electricity generation capacity. “The Ministry’s priorities for this year include focusing on decentralization efforts and enhancing […]
Is Cannabis Legalization Coming To Florida?
Florida Governor Ron DeSantis believes that a marijuana legalization initiative is set to appear on the state’s November ballot despite the Attorney General seeking to block the vote. The court still has to decide on the legal challenge from Florida Attorney General Ashley Moody who urged the court to invalidate the measure, despite activists garnering […]
Multi-Factor Authentication Fail Led to Tweet Hack, Says SEC
The U.S. Securities and Exchange Commission (SEC) on Monday shed light on the recent cyber attack on its X account. The agency confirmed that the breach was a result of a hacker taking control of the mobile phone number linked to one of its cell phones. The SEC’s investigation into the incident revealed that the […]
FTX Blamed For $1.0 Billion In GBTC Outflows
A substantial portion of Grayscale Bitcoin Trust (GBTC) outflows since the trust converted into an exchange-traded fund (ETF) earlier in January was FTX’s bankruptcy estate dumping GBTC in its holdings, according to a report by CoinDesk which cited private data and two people familiar with the matter. As spot bitcoin ETFs began trading on January […]