New Study Suggests Gold Formation May Result from Neutron Star Explosions
The true origins of the Earth’s heaviest elements like gold have eluded astrophysicists for decades. The prevailing scientific view is that neutron star collisions created gold and other heavy elements, but one study has now pointed to another tantalizing theory behind the metals’ formation. According to a study published last week in The Astrophysical Journal […]
Europe’s Mid-Session Update: Gold Price Surge and Market Overview
Europe's Mid-Session Bell: Gold price surge and European market overview European shares barely moved on Tuesday as investors reviewed corporate earnings, watched for possible tariff changes, and waited for the U.S. Federal Reserve’s policy decision later this week. Market sentiment does appear to be holding steady and this is a welcome sign following weeks of […]
Inbank’s Q1 2025 Unaudited Financial Results
Inbank unaudited financial results for Q1 2025 Inbank In Q1 2025 Inbank earned a consolidated net profit of 4.5 million euros, increasing 14% year-on-year. The return on equity (ROE) in Q1 stood at 12.3%. In Q1 2025, Inbank’s total net income reached 20.7 million euros, reflecting an 18% increase compared to the same period last […]
Enhancing Supplier Selection in the Oil and Gas Industry through Data-Driven Approaches
Data-driven methods improve supplier selection in oil and gas industry In a sector as complex and capital-intensive as oil and gas, the decision-making process surrounding supplier selection is pivotal to operational success and long-term competitiveness. Research from Oman’s oil and gas sector published in the International Journal of Services and Operations Management highlights the need […]
Firebird Metals Solidifies LMFP Battery Strategy with Chinese Offtake Agreements, Sedgman Partnership, and Eramet Supply Agreement
Firebird Metals firms up LMFP battery strategy with Chinese offtake MoUs, Sedgman engagement and Eramet supply deal Firebird Metals Ltd is advancing its strategy to penetrate the battery-grade manganese sulphate market, particularly targeting China’s growing lithium manganese iron phosphate (LMFP) sector. Throughout the March quarter, the company secured critical partnerships and non-binding offtake agreements that […]
U.S. Oil Prices Plunge as OPEC+ Decides to Boost Production in June
U.S. oil prices tumble after OPEC+ agrees to surge production in June Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or […]
Economic Effects of $65 Billion Mining Projects in British Columbia, According to MABC
The exploration camp at the Eskay Creek gold project in British Columbia. Credit: Skeena Resources A total of 27 mining projects representing C$90 billion ($65 billion) in economic activity have the potential to deliver major benefits for the province of British Columbia and Canada at a time of global instability, a slowing provincial economy and […]
Europe’s Opening Bell: DAX Targets New All-Time Highs Amid Rising Risk Appetite
Europe's Opening Bell: DAX eyes fresh all-time highs as improving risk appetite gains traction Asian stocks hit their highest in over a month, and US stock futures rose on Friday after China revealed it is reviewing trade talks with the US, sparking hope that tariff tensions might ease. Japanese stocks gained 1.1% after positive remarks […]
Shell Unveils $3.5 Billion Share Buyback Following $5.58 Billion Profit Surge
Shell launches $3.5bn share buyback as profits hit $5.58bn Shell (SHEL.L) has announced a new $3.5bn (£2.55bn) share buyback programme, its 14th consecutive quarter of repurchases of at least $3bn, after posting better-than-expected earnings for the first quarter of 2025. The Anglo-Dutch energy major reported adjusted earnings of $5.58bn for the three months to March, […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]