Weekly Market Outlook: Earnings from the ‘Magnificent 7’, Bank of Japan Meeting, and US Employment Data
Markets Weekly Outlook – ‘Magnificent 7’ Earnings, BoJ Meeting and US Jobs Data Read More: GBP/USD Technical: Bounce off Key Confluence Level Post PMI, Further Gains in Store? Week in Review: Markets Appear to be in Holding Pattern as Uncertainties Pile Up A mixed week comes to a close as markets appear to be balancing […]
Mali Issues Warning of Permit Lapse for Barrick Mine Amid Dispute
The move comes as the junta has taken an increasingly hard line against the world’s second biggest gold miner, including briefly jailing four of its local executives last month over alleged “financial crimes.” Mali this week accused Barrick of failing to honor a September agreement aimed at resolving their disputes, which the Canadian company has […]
New Regulations Aim toRestrict Freshwater Use in Oil and Gas Operations
New rules would limit use of fresh water in oil-and-gas operations To reduce the amount of fresh water used in oil-and-gas drilling, operators must ensure a certain percentage of water they are using in extraction is reused or recycled under a plan set to be released in the next week by a legislatively created advisory […]
Tesla Shares Surge to Their Highest Level in Over a Year Following Q3 Earnings Report
Tesla shares rise to highest in over a year after Q3 earnings Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images A day […]
RUA GOLD Updates on the Acquisition of Siren Gold’s Reefton Assets
RUA GOLD provides an update on previously announced acquisition of Siren Gold’s Reefton assets. – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to provide an update on the previously announced acquisition of Reefton Resources Pty Limited (“Reefton”), a 100% owned subsidiary of Siren Gold […]
Another Disappointing Quarter for NYCB Reveals Ongoing CRE Challenges for Banks
Another bad quarter for NYCB shows CRE problems are not yet behind banks Regional lender New York Community Bancorp (NYCB) offered a new reminder Friday that commercial real estate problems are not totally in the rear-view mirror of US banks. The Hicksville, NY-based regional lender posted higher loan loss provisions and loan write-offs in the […]
Gold Miners Struggle with Rising Costs and Risk Missing Out on Bullion Boom
Analysts had high hopes for the industry. Gold has surged more than 30% this year, while fuel prices — one of the miners’ key expenses — have been easing. But Newmont’s results revealed that big gold producers are still wrestling with inflationary pressures, especially regarding labor costs, that have lasted longer than expected. “There’s a […]
Hemant Taneja of General Catalyst Discusses AI, LPs, and Securing Nearly $8 Billion in Funding
General Catalyst’s Hemant Taneja on AI, LPs, and raising around $8 billion I talked to General Catalyst CEO and managing director Hemant Taneja in the dark. Well, he didn’t know that, but by now he probably does. The news broke yesterday morning that General Catalyst (GC for short) had raised about $8 billion in new […]
Northern Oil and Gas Reports Higher Oil Production for Q3, According to Investing.com
Northern Oil and Gas reports increased oil production in Q3 By Investing.com MINNEAPOLIS – Northern Oil and Gas, Inc. (NYSE: NOG) has announced its operational update for the third quarter of 2024, highlighting increased oil production and continued share repurchases. Despite fewer wells being turned-in-line (TIL), the company reported a record oil volume, marking a […]
High Voltage: Lilac’s DLE Technology Exceeds Expectations
High Voltage: Lilac’s DLE tech lives up to the hype The Transformative Potential of Direct Lithium Extraction Technology: Lilac Solutions at the Forefront In the rapidly evolving landscape of renewable energy and electric vehicle (EV) production, lithium has emerged as a crucial component for battery manufacturing. As demand surges, the need for efficient, sustainable lithium […]