Silver found momentum in the first half of 2024, breaking through US$30 per ounce for the first time since 2012. The white metal’s strong price gains came as high industrial demand met with precious metals investors entering the market amid global uncertainty and speculation of a rate cut from the…
Labyrinth Resources Limited (‘the Company’ or ‘Labyrinth’) provides an update to the entitlement offer timetable which was initially announced on 17 July 2024. Amendments to the timetable have been made given the initial estimated date of the Extraordinary General Meeting of Shareholders (‘EGM’) for the transaction has been moved to…
August brought a whirlwind of activity in the cannabis industry as the US Drug Enforcement Administration (DEA) set a date for a long-awaited public hearing on the rescheduling of cannabis. According to public records, the hearing will commence on December 2, 2024, in Arlington, Virginia. While this date delays the…
As the market moves into the second half of year, the lithium sector has continued to experience challenges. However, after 2023’s broad fluctuations, the lithium sector exhibited greater stability in the first half of 2024. While oversupply and weak prices kept some companies from registering large gains during the period,…
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday. Despite being…
Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock. It appears to have paid off so far — more than 30 million people tuned…
ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in the midst of the first full weekend of college football. Disney Entertainment channels went dark on DirecTV Sunday night after the sides were unable to reach a…
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year history. Volkswagen’s management is expected to lay out its plans before about 18,000 workers at a town hall meeting in…
A man accused of killing his girlfriend in Boston and fleeing to Kenya has been extradited back to the United States — the latest twist in an international case that saw his arrest at a Nairobi nightclub and his escape from jail. Kevin Kangethe, 42, is accused of killing nurse…
The Alternative for Germany (AfD) has become the first far-right party to win a state election in Germany since the Nazi era, dealing a crushing blow to Chancellor Olaf Scholz’s government with only a year to go before the next federal election. After voting closed on Sunday, the AfD was…