Eskay Mining (TSXV:ESK,OTCQX:ESKYF) announced plans to combine with P2 Gold (TSXV:PGLD,OTCQB:PGLDF) on Tuesday (June 4) in a move it says will create a new entity focused on gold and copper exploration. The non-binding letter of intent entered by the two companies outlines a deal through which Eskay will acquire all…
Advanced Micro Devices (AMD) (NASDAQ:AMD) has fired its latest salvo in the battle for dominance in the artificial intelligence (AI) chip market, unveiling its newest processors at the Computex trade show in Taiwan. Led by CEO Lisa Su, AMD introduced the MI325X accelerator, slated for release in this year’s fourth…
Rob McEwen of McEwen Mining (TSX:MUX,NYSE:MUX) and Michael Meding of McEwen Copper sat down to speak about the outlook for gold and copper, as well as news from their respective companies. Looking first at gold, McEwen said it has space to move higher in 2024, and pointed to eye-watering predictions…
As the market for digital assets continues to grow, investors are looking for new ways to gain exposure to crypto. Spot Ether exchange-traded funds (ETFs) could be an easy way for crypto enthusiasts to benefit from the price movements of Ether, the largest cryptocurrency by market capitalization after Bitcoin. On…
He explained that the gold price move that started about three months ago lit a fire under silver, which tends to lag behind its yellow counterpart before outperforming. That scenario is currently playing out. Aside from that, Krauth believes futures exchanges and exchange-traded funds are being drained of silver. ‘I…
Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close almost 1,000 Family Dollar stores in an attempt to revamp the struggling business. The discounter closed more than 500 locations during its fiscal first quarter, it said Wednesday. “We…
General Motors CEO Mary Barra says the storied automaker’s plan to turn its fleet 100% electric will now play out ‘over decades.’ In an exclusive interview with NBC News, Barra clarified the company’s previously stated intention to eventually phase out gas-powered cars. ‘I wouldn’t say we’re recommitting,’ Barra said of…
A top European Union court said Wednesday that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a longrunning legal battle. The EU General Court said in its judgement that the U.S. fast food giant failed to prove…
Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers. The big-box retailer said it will also offer another reason for hourly store workers to stick around: a bonus of up to $1,000 per year.…
Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. It is now the second-most valuable public company, behind Microsoft. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. At market close, Nvidia had a market value of $3.019 trillion, versus…