Investing
Chris Blasi: Gold’s Biggest Gains Still to Come, Key Price Driver is Simple
‘You can’t say gold is at a high — you have to look at why, at what brings it to this number and is that still valid. The US they say is creating a trillion dollars of new debt every 100 days,’ he said. ‘I would say gold is not at its high, and looking…
How Would a New BRICS Currency Affect the US Dollar? (Updated 2024)
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential BRICS currency would allow these nations to assert their economic independence while competing with the existing international financial system. The current system is dominated…
Top 5 Canadian Mining Stocks This Week: Gold Stocks Surge as Price Strength Continues
The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 35.21 points this week to close at 580.43. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 787.22 points to finish the week at 23,568.65. Statistics Canada released August’s consumer price index (CPI) on Tuesday (September 17). The report indicated that inflation had increased 2 percent on an annualized…
SNX Returns 1,880g/t Silver, 31.2g/t Gold and 4.94% Copper at New High-Grade Silver, Gold, Copper and Antimony Prospects
Sierra Nevada Gold (ASX: SNX) is pleased to announce it has staked two additional projects prospective for high-grade silver-gold-copper near existing projects in Nevada, USA. The new projects are 10km west of SNX’s large-scale Blackhawk Porphyry and Epithermal Projects in Mineral County, SW Nevada (see figure 1). Highlights In conjunction with ongoing work at its…
Tech 5: Microsoft Taps Three Mile Island to Power AI, Intel Shares New Strategy
All eyes were on interest rates this week as the US Federal Reserve’s two day meeting took place. Meanwhile, Bitcoin and Ether rallied later in the week, but analysts are uncertain about the sustainability of their gains. Elsewhere, Apple’s (NASDAQ:AAPL) iOS 18 update has already encountered problems, while Microsoft (NASDAQ:MSFT) and Intel (NASDAQ:INTC) announced major…
Gold Hits Fresh All-time High After Fed Cuts Rates, Then Pulls Back
The US Federal Reserve reduced its benchmark interest rate for the first time in four years on Wednesday (September 18), beginning its cutting cycle with a sizeable 50 basis point reduction. The Federal Open Market Committee has held rates steady since July 2023 after starting to hike in March 2022. Speaking at a press conference…
Heritage Mining Identifies Intrusion-Related Mineralization at Zone 3
(TheNewswire) NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, September 2 0 2024 TheNewswire Heritage Mining Ltd. (CSE: HML FRA:Y66) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to provide an update of its 2024 drilling program at the Zone 3 prospect (Figures…
FDA Fast Track Designation for Narmafotinib in Advanced Pancreatic Cancer
Amplia Therapeutics Limited (ASX: ATX), (“Amplia” or the “Company”), is pleased to announce that the United States Food and Drug Administration (FDA) has granted Fast Track Designation to Amplia’s Focal Adhesion Kinase inhibitor, narmafotinib, for the treatment of advanced pancreatic cancer. HIGHLIGHTS The US FDA has granted Fast Track Designation to Amplia’s lead drug narmafotinib…
Saskatchewan Research Council Achieves Commercial Production at Rare Earths Facility
The Saskatchewan Research Council’s (SRC) rare earths processing facility in Saskatoon is now producing rare earth metals at a commercial scale, the organization announced on Monday (September 16). The Canadian province is now the first and only jurisdiction in North America to achieve this level of production. The SRC said the facility reached commercial scale…
Low Cost Technology to be Trialed in DLE Pilot Plant Conversion Stage, Aiming to Lower Energy Use and CO2 Emissions
CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, announces it has completed due diligence on the use of industrial forward osmosis (iFO) as an alternative to using a standard thermal evaporator for eluate concentration in it´s pilot plant conversion stage. iFO provides several benefits to optimise…