DOJ Poised to Break Up Live Nation and Ticketmaster
The U.S. Department of Justice (DOJ) is preparing to file an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. This move could potentially lead to the breakup of the entertainment giant, marking a significant escalation in the DOJ’s efforts to address concerns about monopolistic practices in the live events industry. The DOJ’s […]
Panasonic Warns of Weakness in Auto Battery Business Amid EV Slowdown
Panasonic (TYO: 6752), a major supplier of batteries to Tesla (Nesdaq: TSLA), warns of potential weaknesses in its automotive battery business due to a slowdown in the adoption of electric vehicles (EVs) in the United States. Yuki Kusumi, the chief executive of Panasonic, said at a roundtable interview with reporters in Tokyo on Tuesday that […]
Canadian Government Blocks Mining Investment… But It’s In Ecuador
The Canadian government has effectively blocked a minority equity investment in Solaris Resources Inc. (TSX: SLS) intended to support the expansion of the Warintza Project in Ecuador. This decision, motivated by concerns over critical minerals, has led Solaris to voluntarily terminate the previously announced investment. Solaris Resources announced that the transaction, initially intended to support […]
Crypto Adoption Among US Adults Drops to 7%, Fed Survey Shows
Cryptocurrency ownership and usage among adults in the United States has declined, according to the Federal Reserve’s latest annual household survey. The survey, conducted in October 2023 with 11,488 participating adults, revealed that only 7% of respondents reported using crypto in the past 12 months, a decrease from 10% in 2022 and 12% in 2021. […]
Sponsored · Selkirk Copper Mines
China Starts “Joint Sword-2024A” Military Drills Around Taiwan
China has recently launched an extensive military exercise named “Joint Sword-2024A,” involving the army, navy, air force, and rocket force. This move, described as a “strong punishment” for separatist activities in Taiwan, aims to showcase China’s military prowess and capability to conduct joint operations. The exercise’s broad scope and strategic implications underscore its significance in […]
Golden Cariboo Looks To Raise $2.5 Million To Support Further Exploration
Golden Cariboo Resources (CSE: GCC) is looking to raise further funds to support the exploration of its Quesnelle Gold Quartz Mine in British Columbia. The company this morning indicated it is looking to raise as much as $2.5 million to further exploration at the property.
Giant Mining Strengthens Board Of Directors, Advisory Team
FULL DISCLOSURE: This is sponsored content for Giant Mining. Giant Mining Corp (CSE: BFG) has expanded both its board of directors and its advisory board as it continues to add seasoned experience to its executive team. Andrew Mugridge joins the firms board of directors, while Richard Robins will be joining the advisory board. Andrew Mugridge […]
Aris Mining Acquires Controlling Stake In Soto Norte For $123.3 Million
Aris Mining (TSX: ARIS) is substantially increasing its ownership in the Soto Norte gold-copper project in Colombia. The company has entered into a binding purchase agreement with Mubadala Investment Company, under which it will take a controlling stake in the joint venture. The arrangement will see Aris acquire a 31% ownership interest in the project […]
Sponsored · Cambria Gold Mines
PharmaDrug Enters Letter Of Intent With Licensed Dealer For Pharma Grade Cocaine
PharmaDrug Inc (CSE: PHRX) is one step closer to commercializing its biosynthetic, pharmaceutical-grade cocaine. The company as of last week has seen its subsidiary, Securedose Synthetics, sign a letter of intent with a Canadian controlled drug substance licensed dealer.
U.S. Races to Build Rare Earths Supply Chain by 2027
The United States is accelerating efforts to establish a domestic supply chain for rare earth elements, crucial for defense and green energy industries, aiming to reduce its reliance on dominant producer China by 2027. “We are on track to meet our goal of a sustainable mine to magnet supply chain capable of supporting U.S. defense […]