Australia Ports Back Online Following Shut Down Due To Cyber Attack
A major Australian port operator has successfully restored its online operations following a recent cyber-attack that temporarily incapacitated facilities. DP World Australia’s container terminals in Melbourne, Sydney, Brisbane, and Perth experienced disruptions from Friday until Monday morning, affecting approximately 40% of the country’s goods transport. Despite the setback, there has been no impact on the […]
Change In Moody’s: US Outlook Turned “Negative”
Moody’s Investors Service revised the outlook on the United States government’s credit rating from “stable” to “negative” on Friday. The rating agency expressed concerns about the persistently large fiscal deficits in the U.S., anticipating a significant impact on debt affordability. Despite the change in outlook, Moody’s affirmed the long-term issuer and senior unsecured ratings at […]
Volvo Buys Bankrupt Proterra For $210 Million At Auction
Swedish truck manufacturer Volvo announced on Friday that it successfully secured the battery business of Proterra in the United States through a winning bid of $210 million at an auction. The auction was conducted as part of Proterra’s ongoing Chapter 11 bankruptcy protection proceedings in the U.S. In an official statement, Volvo outlined its intention […]
Terra Balcanica Hits 4.15 Metres Of 457 g/t Silver Equivalent
FULL DISCLOSURE: This is sponsored content for Terra Balcanica. Additional assay results are in from Terra Balcanica (CSE: TERA), whom this morning released results from a single drill hole conducted at the Cumavici Ridge target at its Viogor-Zanik project in Bosnia and Herzevogina. Highlights from the results include: CMVDD003: 4.15 metres 53 g/t silver, 0.64 g/t […]
Barrick Gold Increases Stake In Hercules Silver To 15%
Barrick Gold (TSX: ABX) has doubled down on its investment in Hercules Silver (TSXV: BIG). The mining major this morning disclosed it has now exercised certain warrants it acquired in the junior explorer, increasing its stake in the company further. Barrick is now reporting that on November 10, it acquired an additional 7.0 million warrants […]
First Quantum Reduces Operations At Cobre Panama As Protests Drag On
Operations at First Quantum Minerals’ (TSX: FM) Cobre Panama mine have again begun the process of winding down. The process impacts the mines ore processing operations, and is a result of an illegal blockade at the mine’s port by small boats. The wind-down has impacted one ore processing train, with two remaining operational at this […]
Patriot Battery Metals Hits 172.4 Metres of 0.93% Li2O In Longest Intercept To Date
Patriot Battery Metals (TSXV: PMET) reports of continued success under the current exploration program at the Corvette property in Quebec. The company in recent drilling intersected the widest mineralized pegmatite intersection to date at the CV5 target. Results from a total of thirteen holes were released by the company late last night, while 140 holes […]
Sustainable Development Technology Canada President & CEO Resigns Amid Growing Controversy
Leah Lawrence, the president and CEO of Sustainable Development Technology Canada (SDTC), has stepped down from her position following mounting criticism and a whistleblower complaint against the federal foundation. “Given recent media reports, House of Commons committee testimony, and the surrounding controversy, it is clear there has been a sustained and malicious campaign to undermine […]
MMTLP Issues Force FINRA To “Examine” Trading Halt… Again
On March 16, 2023, the Financial Industry Regulatory Authority (FINRA) released responses to frequently asked questions concerning the MMTLP corporate action and trading halt that occurred on the same date. In this corporate action, the issuer decided to cancel MMTLP shares and distribute shares of Next Bridge Hydrocarbons to the investors holding MMTLP shares. But […]
Tesla Doesn’t Want You Reselling The Cybertruck
Apparently, Tesla (NASDAQ: TSLA) doesn’t want you selling their new Cybertruck, if you’re able to get your hands on one. At least not in the first year. A screenshot has been spreading on social media this weekend, purporting to be from the Motor Vehicle Agreement that must be signed when purchasing a Cybertruck. The agreement, […]