Insights That Drive Financial Growth in Resource and Tech Markets

Erdene Launches First Gold Production at Bayan Khundii Mine in Mongolia

Erdene Launches First Gold Production at Bayan Khundii Mine in Mongolia

Canadian miner Erdene Resource Development (TSX:ERD) has poured its first gold at the Bayan Khundii mine in southwestern Mongolia, marking a major milestone for the project less than a decade after discovery. Erdene President and CEO Peter Akerley said the deposit, first identified in 2015, has quickly become a cornerstone of the Khundii Minerals District. […]

Gold Prices Set to Surge: Insights from Sprott

Gold Prices Set to Surge: Insights from Sprott

Stock image. Gold prices are poised to continue their upward momentum and move “significantly” higher due to a confluence of macroeconomic and political dynamics, Sprott Asset Management says. In its latest precious metals report written by market strategist Paul Wong, the firm specifically sees inflation risk as a primary driver of gold prices, as the […]

AI Engineers are Being Hired as Consultants for $900 an Hour

AI Engineers are Being Hired as Consultants for 0 an Hour

AI engineers are being deployed as consultants and getting paid $900 per hour AI engineers are being paid a premium to work as consultants to help large companies troubleshoot, adopt, and integrate AI with enterprise data—something traditional consultants may not be able to do. PromptQL, an enterprise AI platform created by San Francisco-based developer tooling […]

Two Key Trends to Watch in the Stock Market Next Week

Two Key Trends to Watch in the Stock Market Next Week

Here are the 2 big things we’re watching in the stock market in the week ahead The week ahead on Wall Street is largely about the Federal Reserve – not so much the widely expected interest rate cut, but what central bankers signal about the path forward. There are also two Club names holding investor […]

Gold Approaches Record High as ETFs Grow Ahead of Fed Meeting

Gold Approaches Record High as ETFs Grow Ahead of Fed Meeting

Gold headed for a fourth weekly gain on expectations the Federal Reserve is poised to lower US interest rates, with prices aided by inflows into bullion-backed exchange traded funds. The precious metal traded near $3,650 an ounce, up about 1.7% this week, after setting a record in Tuesday’s session. Silver, which can move in tandem, […]

Oil and Gas Workforce Declines

Oil and Gas Workforce Declines

Oil and Gas Workforce Shrinks The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the data, which was accessed by Rigzone, the number of employees in the sector has declined […]

End of Paper Gold: BRICS Nations Establish Dollar-Free Payment Systems

End of Paper Gold: BRICS Nations Establish Dollar-Free Payment Systems

Gold taking over euro in importance. Stock image. Beaver Creek, Colorado – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the U.S. dollar and prizes deliverable metal. “We’re now, believe it or not, in the era of hard money,” […]

AI Drug Companies Are Facing Challenges—but Don’t Blame the Technology

AI Drug Companies Are Facing Challenges—but Don’t Blame the Technology

AI drug companies are struggling—but don’t blame the AI Moonshot hopes of artificial intelligence being used to expedite the development of drugs are coming back down to earth.  More than $18 billion has flooded into more than 200 biotechnology companies touting AI to expedite development, with 75 drugs or vaccines entering clinical trials, according to […]