US mining sector at inflection point – Morgan Stanley
Leading global financial institute Morgan Stanley believes the US metals and mining industry has reached an inflection point with the country desperately needing to increase its critical minerals output while managing its environmental, social, and governance (ESG) commitments at...
Cameco lowers uranium production expectations for major Canadian operations
Leading global uranium fuel provider Cameco (NYSE: CCJ) has confirmed it is facing a number of issues at its Cigar Lake mine and Key Lake mill operations in Canada.
The company reported that technical issues have led to lower than expected production forecasts at the Cigar Lak...
DraftKings in talks for $195m takeover of PointsBet’s US operations
Sports gambling powerhouse DraftKings (NASDAQ: DKNG) has entered into negotiations with Australian online bookmaker PointsBet Holdings (ASX: PBH) following an indicative takeover offer for PointsBet's US businesses amounting to $195 million.
This move from DraftKings emerged a...
New Found intersects bonanza grade gold in Newfoundland, assays as high as 756.96g/t
Vancouver-based New Found Gold (NYSE: NFGC) continues to improve its Newfoundland story with the first diamond drill hole at its Iceberg discovery producing a bonanza grade hit just 35 from surface.
While the overall assay of 27.05m at 105 grams per tonnes gold is impressive i...
Rekor Systems reports 108% revenue increase in first quarter 2023
Global artificial intelligence company Rekor Systems Inc (NASDAQ: REKR) has announced increases across the board for the three month period to end March.
The company posted a 108% increase in gross revenues to $6.2 million, reflecting a $3.2 million jump over the March 2022 qu...
Novo Resources identifies hot Pilbara gold opportunity
Vancouver-based Novo Resources (OTCQX: NSRPF) continues to grow its rich Becher project, located in one of Australia's hottest new exploration plays, recording gold hits in 349 holes to date in a new campaign in Western Australia’s north.
The company has obtained further promi...
Immutep doses first patient in Phase II/III efti trial to treat metastatic breast cancer
Biotechnology company Immutep (NASDAQ: IMMP) has safely dosed the first patient at a European clinical site for its integrated Phase II/III AIPAC-003 trial to treat metastatic breast cancer.
AIPAC-003 is evaluating the company’s soluble LAG-3 protein and first-in-class MHC Cla...
Mining survey reveals top 20 global jurisdictions for companies to operate in
Three countries dominate the latest Fraser Institute global mining survey with Nevada, Western Australia and Saskatchewan taking out the top most favored places to be exploring or mining.
The Toronto-based think tank’s annual ratings are closely watched for who’s up, who’s dow...
Livent and Allkem merge to create $10.6b global lithium chemicals company
Major lithium chemicals players Livent (NYSE: LTHM) and Allkem (ASX: AKE) have announced they will join forces in an all-stock merger of equals to create a $10.6 billion global production house.
The companies will combine their complementary range of assets, growth projects an...
Blockmate Ventures and Sunified Group to launch world’s first solar token
Blockmate Ventures Inc (OTCQB: MATEF) and renewable energy specialist Sunified Group BV have agreed to jointly launch the world’s first solar token which facilitates solar development and optimization in a blockchain environment.
The technology leverages off Sunified’s patente...