Newsletter
Newmont is putting up half a billion dollar against climate change
Newmont announced that it will invest $ 500 million in climate change initiatives over the next five years, 2021-2025. Newmont recently committed to achieving an industry-leading climate goal of reducing greenhouse gas (GHG) emissions by 30% by 2030 with a …
UN changes its classification of cannabis as a dangerous drug
It is official. According to the United Nations, marijuana is no longer considered a Schedule IV drug. After reviewing a number of World Health Organization (WHO) recommendations on marijuana and its derivatives, the UN has decided to remove cannabis from List …
Nike facing backlash in Japan
Nike Inc. (NYSE: NKE) Japan's video advertisement depicting the experiences of three soccer players from different backgrounds has sparked divided opinions online, with some calling for a boycott of the company's products. On Monday, the company released a …
Rio Tinto announces new findings in Serbia
Rio Tinto today announced an initial ore reserve and an updated mineral resource for its wholly owned Jadar lithium borate project in western Serbia. The ore reserve is 16.6 million tons with 1.81% Li2O and 13.4% B2O3. The mineral resource underlying the first …
CRM Startup Kustomer in the focus of Facebook
Facebook, Inc. (NASDAQ: FB) is in the process of acquiring Kustomer, a customer relationship management startup valued at nearly $ 1 billion. The New York-based CRM startup has raised nearly $ 170 million in venture funding. The acquisition will enable the …
Peruvian government has invested almost 60bn in mining sector
The Peruvian state energy and mining ministry (Minem) announced Monday that the construction portfolio in the local mining sector is $ 56 billion. The portfolio consists of 46 projects, five of which are in the construction phase, four in the detailed planning …
Tesla now allowed to sell cars in China
Tesla Inc. (NASDAQ: TSLA) has received approval from China's Ministry of Industry and Information Technology to sell its Model Y SUVs manufactured at the Shanghai Giga plant. At the beginning of this month the company started expanding the production capacity …
Rare Earth Prices are rising globally
BMO Capital Markets says a rise in the price of Chinese rare earths in November is a reflection of geopolitical tensions between that country and the developed world. Commenting on the sudden price hikes, Colin Hamilton, commodities analyst at BMO Capital …
Legal cannabis sales will reach record numbers this year
Political polarization is ruining Thanksgiving family dinner, even though last year's cannabis-infused sauce trick was a cure whose creators promised the holiday mood would wash over drinkers in just under 15 minutes. But we're way beyond a cannabis infused …
A Biden presidency will mean a strong push for the solar industry
After the elections are over and dusted and Joe Biden is firmly on his way to the Oval Office, the renewable energy sector is licking its lips at the prospect of better days under a much more solidarity federal government. Unfortunately, the fate of a green …