Bitcoin is prone to price volatility, with wide swings to the upside and downside. The most recent downturn comes alongside market turmoil triggered by weak jobs data and fears of a looming recession. Bitcoin’s value has rallied over the last few quarters, increasing from about US$26,000 in mid-September 2023 to an all-time high of around US$73,000 in mid-March of 2024. ...
The cobalt market is facing high demand, but analysts advise that production is also on the rise. One of the metal’s main catalysts is excitement about electric vehicles. The lithium-ion batteries that power electric vehicles require lithium, graphite and cobalt, among other raw materials, and demand for these important commodities is expected to keep rising as the shift toward clean ...
For a long time, most of the world’s lithium was produced by an oligopoly of producers often referred to as the Big Three: Albemarle (NYSE:ALB), Sociedad Quimica y Minera de Chile (SQM) (NYSE:SQM) and Arcadium Lithium (NYSE:ALTM), formerly called Livent. These US-listed companies remain major entities in the lithium sector; however, the space has expanded significantly in recent years, and ...
Will First Majestic Silver CEO’s silver price prediction of more than US$100 per ounce come true? The silver spot price made waves in 2020 when it rose above US$20 per ounce for the first time in four years, and the precious metal has repeatedly tested US$30 per ounce since. Most recently, the silver price broke through the US$30 mark on ...
Only a month after the discovery of the second largest diamond ever recorded, Lucara Diamond (TSX:LUC,OTC Pink:LUCRF) has announced the recovery of another significant stone from its Karowe mine in Botswana. The new find is 1,094 carats compared to the massive 2,942 carat rough diamond uncovered by Lucara in August, solidifying Karowe’s reputation as one of the world’s most prolific ...
First Quantum Minerals (TSX:FM,OTC Pink:FQVLF) has introduced a voluntary retirement scheme for employees at its Cobre Panama mine as it awaits government action on whether operations will be able to resume. This comes after the mine’s closure in November 2023 due to a ruling from Panama’s Supreme Court that declared the company’s mining contract unconstitutional following months of environmental protests. ...
Speaking ahead of the US Federal Reserve’s much-anticipated September meeting, John Reade, senior market strategist at the World Gold Council, shared his thoughts on where gold is in the current cycle. ‘Coming up to what is widely expected to be the start of a US rate-cutting cycle, ironically you could actually say that gold is early in the cycle. Gold ...
BPH Energy Limited (BPH) (ASX: BPH) and Bounty Oil & Gas NL (Bounty) (ASX: BUY) for the PEP11 Joint Venture announce that today that the Hon Ed Husic MP, Minister for Industry and Science, has advised that he has carefully considered the PEP-11 Exploration Permit applications under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth), namely the applications ...
Microsoft (NASDAQ:MSFT) announced it is developing a new platform aimed at helping cybersecurity firms operate without accessing the kernel mode of its Windows operating system. Bloomberg reported that the company’s move comes after an incident in July when an update from CrowdStrike Holdings (NASDAQ:CRWD) caused a widespread outage affecting millions of Windows computers. On Tuesday (September 10), Microsoft held a ...
DEFTF Stock Price and Forecast – What Should You Know Have you ever considered investing in the famous DEFTF Stock lately but need to know whether it’s a good investment option? Is it best to consider stocks like this for the following months and years? First, let’s get additional information regarding the company you’re considering investing in. Let’s get more ...