Canada Nickel Intersects 687 Metres Of 0.27% Nickel At Reid Property
Canada Nickel (TSXV: CNC) has seen continued positive resulting from drilling at its Reid property, where the company has released results on a further four drill holes. The latest holes come from the western portion of the deposit, where Canada Nickel has targeted near the centre of the intrusion. The ultramafic sequence in this area […]
Artificial Intelligence Boom Mirrors Surge in Uranium Prices
The rise of generative artificial intelligence has mirrored a significant increase in uranium prices, as investors anticipate a surge in electricity demand driven by the technology’s widespread adoption. Over the past year, uranium prices have skyrocketed by 70%, outpacing gains in the benchmark semiconductor stock index. The heightened interest in uranium is partially attributed to […]
Canada Post Reports $748 Million Pre-Tax Loss In 2023
Canada Post reported a significant pre-tax loss of $748 million last year, underscoring a growing financial crisis within the organization. The Crown corporation attributed the loss to a combination of shrinking market share in parcel delivery and a steady decline in letter volumes. This loss marks a 37% increase from the $548 million deficit recorded […]
Canadian Sanctions on Russian Titanium Lead to Waivers Amid Supply Challenges
Amidst supply challenges in the aerospace industry, Ottawa has reportedly granted waivers to Airbus and Bombardier, allowing them to continue using titanium sourced from Russia despite Canadian sanctions targeting the country’s titanium exports.
Sponsored · Selkirk Copper Mines
Lawsuit Alleges Apollo’s Unlawful Scheme Betting on Senior Citizens’ Deaths
A lawsuit filed in Delaware’s Chancery Court has accused Apollo Global Management Inc. of engaging in a scheme where they acquired illegal life insurance policies on senior citizens, betting on their deaths for profit. The lawsuit, filed on April 26 by the estate of Martha Barotz, alleges that Apollo utilized a complex network of shell […]
Hertz Energy Applies For Two Uranium Projects In Namibia
Hertz Energy (CSE: HZ) is expanding its uranium holdings. The company has elected to step outside of Canada and into Namibia, where it has submitted an application to acquire exclusive prospecting licenses.
Is De-dollarization Already Here?
The dominance of the US dollar as the primary global reserve currency faced a significant setback last year, declining at a rate ten times faster than the average over the past two decades. This trend emerged as numerous nations sought alternatives following the fallout from Russia’s invasion of Ukraine, which triggered swift and robust sanctions, […]
Disturbing Photos Emerge of Texas Dairy Worker’s Rare Bird Flu Infection from Cow
The first known case of a human contracting H5N1 from a mammal was recently reported in Texas, where a dairy farm worker suffered “very mild” symptoms including bleeding in the eyes due to the infection. While this appears to be an isolated incident so far, the CDC has stressed that the virus is not a […]
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Google Reportedly Begins Process of Seeking Cheaper Labor Following Layoffs
Alphabet’s (NASDAQ: GOOGL) Google has commenced a series of layoffs impacting hundreds of its employees, reportedly with plans to hire for the same roles in countries offering relatively cheaper labor, such as India and Mexico. The recent wave of job cuts has notably affected Google’s Python team, as reported by the Free Press Journal on […]
Is Russia Cutting Its Export Duty On Gold?
Russia is mulling over the possibility of eliminating export duties on gold, as announced by the director of the finance ministry’s tax policy department on Tuesday. According to the World Gold Council, Russia stood as the world’s second-largest gold miner in 2022, commanding approximately 9% of global production, trailing behind China and leading Australia. However, […]