Newsletter
Gold mining companies still hesitant to increase production
The world's leading gold mines are declining after Covid-19-related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth. Gold prices have soared 30 percent to about $ 2,000 …
A positive outlook from the US could stop the current gold price boom
The US labor market improved in August, although the headlines paint too rosy a picture. What does this all mean for the gold market? Good news for the US labor market: According to the BLS, the American economy has regained 1.4 million jobs while the …
Verizon has invested more than one billion USD for 5G development
The Federal Communications Commission announced the winners of an auction for warrants on an estimated spectrum that is particularly beneficial for 5G. Verizon Wireless is by far the largest funder. Second was Dish, which spent over $ 912 million. Cox, …
Activities in Australia will mean a fresh push for Canadian cannabis stocks
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), a Canadian cannabis stock, climbed 11% to $ 0.36 on Friday after announcing that it had signed an exclusive distribution agreement with Australian distributor LeafCann for international exports to Australia …
Price for iron ore hits a new 6-year high
Iron ore prices hit new six and a half year highs on Monday as a result of the Chinese construction and factory expansion boom. According to Fastmarkets MB, 62% of fees imported into northern China at $ 130.17 per ton changed hands on Monday, 1.4% more than …
Nokia to partner with Viavi in their development of optical modules
Viavi Solutions (NASDAQ: VIAV) announces that Nokia (NYSE: NOK) has validated its coherent optical modules using the VIAVI ONT 800G FLEX DCO module, which tests pluggable (CFP2) Digital Coherent Optics (DCO) modules. The VIAVI ONT 800G FLEX DCO module provides …
Hexo announces its new CFO
HEXO (NYSE: HEXO) announces the appointment of Trent MacDonald as Chief Financial Officer, scheduled to begin in the coming months. Trent MacDonald will succeed Stephen Burwash, who will remain Chief Financial Officer during the transition period. Most …
Nvidias new chip generation could mean a quantum leap forward
NVIDIA Corporation (NASDAQ: NVDA) announced its GeForce RTX 30-series graphics processor, powered by the NVIDIA Ampere architecture and offering the best generation leap in GeForce history. The GeForce 3070, 3080 and 3090 graphics processors surpass the …
Copper Prices continue their journey north
A good part of the bull's history for copper this year has been supply-side fear. The world's largest mines are in South America, which has suffered a catastrophic coronavirus infection. It is true that China's recovery played a role in the case of the …
3M announces an increase in revenues in Q3
3M (NYSE: MMM) reported August sales growth of 2% year-over-year to $ 2.7 billion, led by a 23% increase in healthcare. Organic sales in local currencies decreased 2%, while acquisitions, adjusted for divestments and currency translation, increased sales by 3% …