Bitcoin hit a new record high of US$107,554 on December 16 following growing interest in Bitcoin as a potential reserve asset. The speculations were spurred by a statement from US President-elect Donald Trump about creating a strategic reserve for cryptocurrencies. “We’re going to do something great with crypto because we…
While he sees further upside potential until about the end of January, ultimately he expects gold to move sideways or lower for multiple months before starting another big rally that will last four to six years. ‘That’s when the miners are really going to participate, and we’re going to see…
President-elect Donald Trump’s recent pledge to expedite permits for companies investing US$1 billion or more in the US has sparked significant discussions, particularly within the mining industry. The proposal, shared Tuesday (December 10) on his social media platform Truth Social, promises streamlined approvals, including environmental permits, for large-scale investments in…
Patriot Battery Metals (ASX:PMT,TSX:PMET,OTCQX:PMETF) said in a December 4 announcement that it has produced a sample of battery-grade lithium hydroxide monohydrate from the CV5 pegmatite. CV5 is part of Patriot’s Shaakichiuwaanaan property, located in the Eeyou Istchee James Bay region of Québec. Shaakichiuwaanaan holds a mineral resource estimate of 80.1…
Doré Copper Mining Corp. (‘ Doré Copper ‘) (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) is pleased to announce that, at the special meeting (the ‘ Meeting ‘) of shareholders of Doré Copper (‘ Doré Copper Shareholders ‘) held earlier today, Doré Copper Shareholders overwhelmingly voted in favour of approving the…
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related infrastructure projects. The effort, first reported by CNBC, will attempt to create 100,000 jobs over four years. Trump and Son announced a similar…
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving the failed content startup. Carlos Watson was facing a maximum of 37 years in prison after his July conviction on securities and wire fraud charges. Prosecutors had sought…
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown more discerning about how they spend their dollars. “I’ve been eating out less this year — it tastes just as good, and it’s way…
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said Friday. A former top partner at McKinsey, Martin Elling, also agreed to plead guilty to…
Israel’s Foreign Minister Gideon Sa’ar announced the closure of the country’s embassy in Ireland on Sunday, accusing Ireland of “extreme anti-Israel policies.” “The actions and antisemitic rhetoric used by Ireland against Israel are rooted in the delegitimization and demonization of the Jewish state, along with double standards. Ireland has crossed…