Newsletter
Botswana Diamonds takes over Sekaka
Botswana Diamonds (LON: BOD) said Monday it completed the acquisition of Sekaka, the exploration vehicle owned by contested rival Petra Diamonds (LON: PDL) that held three prospecting licenses in the country's central Kalahari game reserve. In one of its …
What Makes "Silver" Unique?
In the precious metals investment space, gold tends to grab most of the market’s attention as opposed to silver. Never-the-less, silver is also a tangible store of value asset which can protect portfolios against overall market risk. Where silver truly differs …
Cannabis Sales are now also legal in Detroit
Detroit City Council on Tuesday approved an ordinance that will allow recreational marijuana retailers and other adult cannabis stores to operate in the city. The ordinance, which includes provisions designed to ensure that at least half of the recreational …
Petrobras planning to increase oil exports
Petrobras (PBR -3.2%) forecasts a rapid increase in oil exports and divestments in the five-year period to 2025 as it doubles its core export promotion and deleveraging strategies. In a virtual presentation during the annual Investors Day, Petrobras said …
The Cannabis Industry is hoping for a green Christmas
When the pandemic started last spring, Mary Jane's Medicinals, which sells CBD and cannabis-infected topical drugs, took a major blow. April was "one of our worst sales months ever," said CEO and founder Dahlia Mertens. However, a recovery soon ensued, and …
Strong Q2 for Hive Blockchain
HIVE Blockchain Technologies (OTCQX: HVBTF): FQ2 GAAP EPS of $ 0.03. Income from digital currency mining of $ 12.99 million (+ 8.3% yoy) Gross profit margin of 71%. Adjusted EBITDA of $ 10.6 million compared to a loss of $ 4.6 million last year. Net cash less …
Everybody is talking about the Shroom Boom
The psychedelics boom continues in the United States, and every week brings a new development to the burgeoning sector. Psychedelic medicine has shown great promise, so much so that the U.S. FDA and Health Canada have started speeding up psychedelic substances …
New NASA cooperation pushes Virgin Galactic stock to new heights
NASA announced that it has selected Virgin Galactic (NYSE: SPCE) and Masten Space Systems to provide flight and integration services for payloads selected by the agency's aviation opportunities program, run by the agency's Armstrong Flight Research Center in …
Gold ETFs will face money flowing out in 2021
Investing in gold ETFs is likely to decline next year, according to Citi, which is revising its gold price forecast downward for 2021. Net inflows into gold ETFs are projected to hit 800 tons in 2020, which is 75 tons less than originally estimated. Plus, …
Former Robinhood VP to join Apple
Former Greylock Partners venture capitalist Josh Elman has joined Apple (AAPL + 3.2%) to work on discovering customer applications for the App Store, according to an Elman tweets. Elman's credentials in app discovery include early investments in Discord and a …