Gold Repatriation Shifts from Northern to Southern Regions
It wasn’t long however until Germany was again in a position to buy gold. The Wirtschafswunder — economic miracle — of the 1950s and ‘60s allowed West Germany to stockpile large amounts of gold. Under the Bretton Woods system of fixed exchange rates, Germany could use dollars, earned by successful export businesses that traded them in for marks, to […]
Sam Altman refutes claims of receiving equity in for-profit OpenAI
Sam Altman denies plan to give him equity in for-profit OpenAI OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” […]
Carlyle Commodities and Miramis Mining Enter Into Amalgamation Agreement, Carlyle Announces Quesnel Option Agreement and Proposed Sale of Newton Project
Carlyle Commodities Corp. and Miramis Mining Corp. announced an amalgamation agreement on September 27, 2024, where Carlyle’s subsidiary will merge with Miramis, exchanging Miramis shares for Carlyle shares on a one-to-one basis. This transaction is expected to enhance shareholder liquidity and reduce costs while diversifying Carlyle’s asset portfolio, particularly through the Nicola East Project. Additionally, […]
West Oak Reveals Opportunity to Acquire the Ptarmigan Silica Project – Silicon Metals Corp
West Oak Announces Option to Acquire the Ptarmigan Silica Project – Silicon Metals Corp West Oak Gold Corp. has entered a property option agreement with Cronin Exploration Inc. to acquire a 100% interest in the Ptarmigan Silica Project in British Columbia. The 2,280.3-hectare site, showing promising silica grades of 97-98% SiO2, is located 130km from […]
2 Promising Stock Funds to Keep an Eye On
Morningstar Manager Research analysts cover more than 150 different equity, fixed income, and allocation strategies in Canada, which is only a fraction of the nearly 3,000 ratable options available to Canadian investors. We aim to cover the funds in which Canadians have the most money and interest. There are a lot of additional funds, however, […]
Lohum, ReElement, and American Metals to Launch US’s First Fully Integrated Battery Recycling Facility with $30 Million Investment, Reports ET Auto
In a significant development for the North American battery supply chain, India’s Lohum Cleantech Ltd, in partnership with ReElement Technologies Corporation and American Metals LLC, is set to establish the region’s first fully integrated facility dedicated to battery recycling and critical material production. The facility will be based at the Marion Advanced Technology Center in […]
Stocks Rise as Federal Reserve’s Preferred Inflation Measure Softens
Stocks piled on gains Friday as investors embraced an inflation report seen as crucial to the Federal Reserve’s next decision on interest-rate cuts. The S&P 500 (^GSPC) rose 0.1%, on the heels of ekeing out a third record-high close this week. The Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) gained around […]
West Oak Unveils Opportunity to Acquire the Ptarmigan Silica Project
West Oak Announces Option to Acquire the Ptarmigan Silica Project West Oak Gold Corp. has entered a property option agreement with Cronin Exploration Inc. to acquire the Ptarmigan Silica Project in British Columbia, covering 2,280.3 hectares. The project, located near Valemount, features high purity silica with historical grades of 97-98% SiO2 and minimal contaminants. To […]
LONGHORN EXPLORATION ENTERS INTO AGREEMENT TO ACQUIRE PUREWAVE HYDROGEN
Highlights: News Release – Vancouver, British Columbia – September 27, 2024: Longhorn Exploration Corp. (TSX-V: LEX) (“Longhorn Exploration” or the “Company”) is pleased to announce that it has entered into non-arm’s length share exchange agreement (the “Agreement”) with PureWave Hydrogen Corp. (“PureWave Hydrogen”) and each of the shareholders of PureWave Hydrogen (the “Vendors”) dated September 26, […]
US Company Expands into Latin America’s Oil & Gas Sector as Brazilian Partner Sets Restart Date for Offshore Asset
US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset Houston-based Westlawn Americas Offshore (WAO), part of Westlawn Group, has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The […]