Investing
Stardust Power Acquires Site, Receives Key Permit And Receives Approval For Major Construction To Commence
Stardust Power Inc.(“the Company” or “Stardust Power”) (NASDAQ: SDST), an American developer of battery-grade lithium products, today announced the completion of the acquisition of its 66-acre site at the Southside Industrial Park in Muskogee, Oklahoma. This key acquisition marks another significant milestone as the Company prepares to commence construction on one of North America’s largest…
Tech 5: Bitcoin Drops Below US$100,000, Micron Guidance Shakes Investors
Bitcoin surged early in the week before retracting below US$100,000, dampened by a hawkish rate cut from the US Federal Reserve that led to significant drops in both the crypto and stock markets. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) welcomed three new companies, and artificial intelligence leader NVIDIA (NASDAQ:NVDA) lost ground to networking giant Broadcom (NASDAQ:AVGO). Find…
Top 5 Canadian Mining Stocks This Week: Omineca Jumps 67 Percent
The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 2.87 percent on the week to close at 586.88 on Friday (December 20). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 2.6 percent decrease to hit 24,599.48, and the CSE Composite Index (CSE:CSECOMP) was down just 0.12 percent to reach 130.58. Statistics Canada released November’s consumer price index…
Opawica Announces the Closing of Non-Brokered Private Placement
(TheNewswire) December 20th, 2024 Vancouver, B.C. TheNewswire – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the ‘Company’ or ‘Opawica’), a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that it has closed the recently announced private placement (December 17, 2024) of 4,330,00 Units for total aggregate…
Gold, Silver and Bitcoin Prices Fall as Fed Caps Off Year with Rate Cut
The US Federal Reserve announced an interest rate cut of 25 basis points on Wednesday (December 18), reducing its target range to 4.25 to 4.5 percent in its third reduction of the year. Policymakers also signaled that only two rate cuts are expected in 2025 versus the four originally forecast. In comments after the Fed’s…
Completion of Tranche 1 of the Placement
Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) is pleased to announce the successful completion of Tranche 1 of the two-tranche placement to raise in aggregate A$13.5 million (before costs) via the issue of a total of 483,203,140 fully paid ordinary shares in the Company (Placement Shares) at an issue price of…
Gianni Kovacevic: 3 Copper Stocks for Speculators, Watch These Metals Under Trump
Investor and author Gianni Kovacevic shared his thoughts on copper market dynamics, saying that while the long-term trend is up, speculators can create significant shorter-term prices moves. He also mentioned three copper companies he’s interested in right now: CopperNico Metals (TSX:COPR,OTCQB:CPPMF), Entree Resources (TSX:ETG,OTCQB:ERLFF) and Horizon Copper (TSXV:HCU,OTCQX:HNCUF). In addition to copper, Kovacevic spoke about…
Silver Price 2024 Year-End Review
The silver price put on a strong performance in 2024, hitting highs not seen in over a decade. Despite some volatility, factors like increasing industrial demand, safe-haven buying from investors and weakening mining supply all came together during the year to support gains in the price. All told, silver is up nearly 35 percent since…
4 Platinum Uses for Investors to Know (Updated 2024)
Platinum may be rare, but it is the third most-traded precious metal in the world, behind gold and silver. The world’s platinum demand varies widely across many sectors. Most notably, platinum metal is used in autocatalysts and jewelry, as well as for medical and industrial purposes. Those interested in investing in platinum would do well…
5 Best-performing Canadian Uranium Stocks of 2024
Starting the year strong and setting a 17 year high of US$106 per pound the spot U3O8 market displayed another year performance in early January, the uranium spot price has spent the rest of the year consolidating, remaining rangebound between US$76 and US$86 since mid-June. Although prices faced consolidating headwinds during the second half of…