After Friday’s stellar jobs report—254,000 jobs added in September vs. the Dow Jones forecast of 15,000—stocks and Treasury yields initially reacted with a big jump. The data confirms the strength of the labor market and the US economy. Let’s not forget, though, that a devastating hurricane ripped through six states,…
Following the closure of Energy Fuels’ (TSX:EFR,NYSEAMERICAN:UUUU)acquisition of Base Resources, Curtis Moore discussed the buildout of the company’s rare earths and heavy mineral sands businesses. ‘We are creating a truly diversified critical minerals company. This diversification is based upon on our core uranium processing and our core uranium production capabilities,…
After trending down in 2023, nickel prices climbed to a 10 month high in late May of this year. However, they’ve since pulled back. While this environment has been tough for nickel companies, some stocks are still thriving. Supply is expected to outflank demand over the short term, but the…
IsoEnergy (TSX:ISO,OTCQX:ISENF) announced plans to acquire Anfield Energy (TSXV:AEC,OTCQB:ANLDF) on Wednesday (October 2), strengthening its position in the US uranium market. The purchase will secure IsoEnergy’s access to two of the only three licensed uranium mills in the US, which it says will help solidify its reputation as a significant…
Americas-focused miner Capstone Copper (TSX:CS,ASX:CSC,OTC Pink:CSCCF) announced two pieces of news from its Mantoverde development project in Chile on Tuesday (October 1). The company reported that it has achieved commercial production at the site, and followed up with the release of a feasibility study for its Mantoverde optimized brownfield expansion…
Enbridge (TSX:ENB,NYSE:ENB) has announced plans to construct and operate new crude oil and natural gas pipelines in the US Gulf of Mexico to support BP’s (LSE:BP) recently sanctioned Kaskida deepwater development. The crude oil pipeline, referred to as the Canyon Oil Pipeline System, will consist of 24-inch and 26-inch diameter…
Trillion Energy International Inc. (‘ Trillion ‘ or the ‘Company ‘) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce it is gearing up SASB gas field operations with the installation of Velocity Strings (VS) at this time. On September 30 th , 2024, after the Company reached an…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) was up 0.96 percent on the week to 595.59 by 12:00 p.m. EDT on Friday. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 0.69 percent to 24,133.27 points. The US Bureau of Labor Statistics released its Employment Situation Summary on Friday (October 4). It…
Coeur Mining (NYSE:CDE) announced it will acquire SilverCrest Metals (TSX:SIL,NYSEAMERICAN:SILV) in a US$1.7 billion deal, furthering its bid to position itself as a leading global silver producer. The acquisition will see Coeur integrate SilverCrest’s Las Chispas mine in Sonora, Mexico, a high-grade, low-cost silver and gold operation. The transaction is…
Geopolitical tension clashed with uplifting jobs data, making for an interesting week on Wall Street. Meanwhile, the crypto market went on a wild ride along with the greater stock market, and the US Securities and Exchange Commission (SEC) revived a nearly four-year-old case against Ripple Labs. At OpenAI, a previously…