Dredging Commences at Lumsden Point, Hub Set to Emphasize Battery Metals Exports
Dredging operations have commenced at the Lumsden Point project in Port Hedland, a pivotal hub for Australia’s import and export activities. Over the next eight weeks, approximately 1 million cubic meters of material are slated to be excavated as part of this extensive initiative. Funding and Impact In a press release dated September 30, Pilbara […]
Coeur Mining to Acquire Silvercrest in $1.7 Billion Transaction
The merged company will own five mines in North America, with three of them considered top silver producers — Rochester in Nevada; Palmarejo in Mexico’s Chihuahua; and Las Chispas in Sonora, also Mexico. Las Chispas mine, which began production in late 2022, has shown strong operational performance, Coeur’s President and CEO, Mitchell J. Krebs told investors […]
Midday Stock Highlights: Notable Moves from RIVN, ANF, CVS, and SAVE
Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. Analyst Matthew Boss raised the stock’s price target and third-quarter earnings estimate, saying its brands, which include Hollister, showed momentum during the recent […]
If You Can Only Invest in One Battery Stock This July, Make It One of These Three Picks
It’s been a good few days for battery stocks due to the July 11 announcement by QuantumScape (NYSE:QS) and PowerCo, Volkswagen Group’s (OTCMKTS:VWAGY) battery division. Under the agreement, PowerCo will be able to mass produce solid-state lithium-metal batteries using QuantumScape’s planned QSE-5 technology platform. The non-exclusive license allows PowerCo to produce up to 80 gigawatt-hours […]
Alaska Energy Metals Announces Appointment of New CFO,
Alaska Energy Metals Corporation (AEMC) announced several key updates on October 4, 2024, including the appointment of Kevin Ma as Chief Financial Officer, succeeding David Cross. The company also engaged multiple marketing firms, including Apollo Shareholder Relations, carboncredits.com, and Machai Capital, for investor communication and branding, with contracts totaling over CAD$500,000. Additionally, AEMC hired Independent […]
Lifezone Metals and JOGMEC Forge MOU for Kabanga Nickel Project
The project aims to establish a holistic mine-to-metal operation, with Lifezone planning to develop a refinery in Kahama that employs its innovative hydrometallurgical (Hydromet) technology. This proprietary technology is touted for its potential to significantly lower emissions compared to conventional smelting techniques, addressing the growing concern over environmental impacts in mining. The Kabanga project will […]
China’s Rapidly Expanding Copper Leader is Transforming Global Metal Supply Chains
After a three-decade exploration and acquisition blitz, Zijin Mining Group Co. digs up gold, copper and lithium across multiple continents. A state-run company on paper, it has more frequently behaved like a private firm, with relatively few employees and a flexible, risk-tolerant approach to investments that has put it on track to join BHP Group […]
Big AI Dominates as Startups Bow Out of Race to Develop Massive Language Models
Big AI thins out the competition as startups quit the race to build large language models Hello and welcome to Eye on AI! In this edition…Big tech increasingly squeezes startups out of the generative AI market; an AI-discovered cancer drug begins clinical trials; another OpenAI cofounder joins Anthropic; and spend on LLMs booms (though still only […]
Nvidia Shares Surge as CEO Jensen Huang Highlights ‘Unprecedented’ Chip Demand
Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for its next-generation Blackwell chips has been “insane.” In an interview with CNBC on Wednesday after the market close, Huang confirmed the chips are in “full production” despite recent design issues that caused some delays in customer rollouts. “Blackwell […]
RUA GOLD Aims for Major Epithermal Gold System in New Zealand’s Hauraki Goldfield – Rua Gold
RUA GOLD targets significant epithermal gold system in the Hauraki Goldfield, New Zealand – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to provide an exploration update for its Glamorgan Project in the Hauraki Goldfield, on the North Island of New Zealand and situated 2.8km […]