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Roche to acquire pharma hotshot Inflazome

Roche to acquire pharma hotshot Inflazome

Inflazome has entered into a share purchase agreement with Roche (OTCQX: RHHBY) in which Inflazome shareholders have received an upfront payment of € 380 million and are entitled to receive additional conditional payments based on certain milestones being …

September 28, 2020• 1 min
Christina Lake Cannabis can further reduce production costs

Christina Lake Cannabis can further reduce production costs

Cannabis is rapidly evolving from a hot commodity to a regular commodity as a growing number of licensed manufacturers put pressure on prices. While the government hopes that falling prices will drive out black market competition, many companies have seen …

September 27, 2020• 3 min
The Chinese coronavirus is causing a world wide plastic waste epidemic

The Chinese coronavirus is causing a world wide plastic waste epidemic

While the lockdown measures put in place in response to the pandemic are expected to result in an estimated 5% decrease in greenhouse gas emissions this year, according to the UN Conference on Trade and Development, other measures to contain the virus, such as …

September 27, 2020• 3 min
Kinross Gold will be paying its first dividend in seven years

Kinross Gold will be paying its first dividend in seven years

The Canadian mining company Kinross Gold Corp. increases its production and pays the first dividend in seven years after the gold price climbed to a record level. The Toronto-based company will give shareholders 3 cents per common share and resume quarterly …

September 27, 2020• 2 min
Pure Sunfarms makes its first CBD oil delivery to British Columbia

Pure Sunfarms makes its first CBD oil delivery to British Columbia

Pure Sunfarms, a JV of Village Farms International Inc (NASDAQ: VFF), began shipping Cannabis 2.0 products and bottled oils to British Columbia. Deliveries to Alberta and Ontario will begin soon. Pure Sunfarms CEO Mandesh Dosanjh said the flower is the basis …

September 26, 2020• 2 min
Drones may be delivering to your home in no time

Drones may be delivering to your home in no time

The world's largest retailer, Walmart, has just launched a pilot to deliver select groceries and essential items with automated drones, and the impact is huge, not just because Amazon won't like it, but because the drone industry is about to take off like …

September 26, 2020• 3 min
Barrick Gold will accept a Chilean court´s ruling

Barrick Gold will accept a Chilean court´s ruling

Barrick Gold Corp said Friday it would not appeal the decision of a Chilean court to uphold the country’s environmental protection agency's closure order on the Chilean portion of its Pascua Lama project and sanctions against its unit. The gold and silver …

September 26, 2020• 1 min
Deutsche Bank raises FinCens suspicions

Deutsche Bank raises FinCens suspicions

Deutsche Bank (NYSE: DB) appears to have facilitated more than half of the leaked $ 2T of suspicious transactions reported to the U.S. government over nearly two decades, according to Deutsche Welle, despite the lender saying the incidents were "have already …

September 25, 2020• 1 min
Pan African Resources counts on a multi-year gold boom

Pan African Resources counts on a multi-year gold boom

South African gold mining company Pan African Resources could maintain its strong earnings growth rate and dividend payout in the current financial year if gold prices stay at current levels, its boss Cobus Loots said on Wednesday. Pan African, which produced …

September 25, 2020• 2 min
Mining Dams in Brazil are still not safe to operate

Mining Dams in Brazil are still not safe to operate

Despite two major fatal mining accidents since 2015, Vale (NYSE: VALE) has still failed to meet some security pledges signed with authorities to prevent a third disaster, a Brazilian federal prosecutor told Reuters. Vale continues to operate 29 dams for mining …

September 25, 2020• 1 min