Investing

As September begins, gold is facing a familiar challenge — the month is historically marked by price declines. Despite its strong performance so far this year, which has seen the yellow metal reach an all-time high of US$2,531.70 per ounce, market participants are now closely watching whether these gains will persist. According to Bloomberg, since…

Silver found momentum in the first half of 2024, breaking through US$30 per ounce for the first time since 2012. The white metal’s strong price gains came as high industrial demand met with precious metals investors entering the market amid global uncertainty and speculation of a rate cut from the US Federal Reserve. Gold has…

Labyrinth Resources Limited (‘the Company’ or ‘Labyrinth’) provides an update to the entitlement offer timetable which was initially announced on 17 July 2024. Amendments to the timetable have been made given the initial estimated date of the Extraordinary General Meeting of Shareholders (‘EGM’) for the transaction has been moved to Friday, 13 September 2024. The…

Turkey is looking to collaborate with China on rare earths processing as part of a broader initiative to bolster the country’s presence in the electric vehicle (EV) and battery markets. According to Bloomberg, the initiative is a strategic move that Turkey hopes will enhance its appeal to Chinese manufacturers, including major companies like BYD (OTC…

August brought a whirlwind of activity in the cannabis industry as the US Drug Enforcement Administration (DEA) set a date for a long-awaited public hearing on the rescheduling of cannabis. According to public records, the hearing will commence on December 2, 2024, in Arlington, Virginia. While this date delays the process until after the election,…