The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential BRICS currency would allow these nations to assert their economic independence while competing with the existing international financial system.…
Offtake agreements play a critical role in obtaining project financing for high capital expenditures, such as manufacturing plants or processing facilities. From early-stage enterprises to more mature businesses, cash flow challenges can make it difficult to secure loans to finance infrastructure projects. This type of contract can go a long…
Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) is pleased to advise that the metallurgical test work undertaken by BGRIMM Technology on the gold-arsenopyrite concentrate to be produced by the La Demajagua open pit mine in Cuba, has been completed. BGRIMM, which is a leading Chinese…
John Kaiser of Kaiser Research shared his thoughts on gold, honing in on why interest in gold and gold stocks remains relatively low even though the metal has been trading at or near all-time highs. In his view, part of the issue is the disappearance of the traditional gold bug…
After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los Angeles in 2028, something that key stakeholders in that event say the city will be ready for. Los Angeles Mayor Karen Bass told CNBC’s Andrew Ross Sorkin at CNBC x…
Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion of the crypto empire that was run by her former boss and ex-boyfriend. In a court filing Tuesday night, the attorneys said that, at…
The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris. The company’s stock price closed at its lowest level since the Truth Social app owner began publicly trading as DJT on the Nasdaq in late March. Investing in Trump Media stock is…
The last captive orca in all of Latin America cuts a lonely figure. “Kshamenk” has lived in the Mundo Marino oceanarium in the Argentine city of San Clemente del Tuyú since 1992 – the majority of that time, following the death of his female companion in 2000, as the lone…
Lurking in the bushes near Pokrovsk in eastern Ukraine is a unit of men who have two things in common: The short amount of time they have served defending their nation and time spent behind bars. The 15 infantry men of the 59th Brigade, part of the Shkval – or…
Dozens of people have been arrested after protesters clashed with police at a major defense expo in Australia on Wednesday, which saw some demonstrators set fire to bins and target police horses and officers respond with pepper spray, according to local media. Police officers struggled to control the crowd of…