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Precious metal exports slightly recover in Peru
Peru's gold exports rose 86% in June, compared to the previous month, copper exports by 31% and zinc exports by 136%, according to new data released by the Ministry of Energy and Mining. Gold, copper and zinc account for 50% of the country's metal exports and, …
TerrAscend announces strong increase in revenues
TerrAscend Corp. (CSE: TER) reported strong sales growth as the cross-border operator continues to expand in Pennsylvania's growing medicinal weed market. On Thursday, the company announced its second quarter results for the period ended June 30th, posting a …
French government will receive more than 100m USD from Google
Facebook's French subsidiary (O: FB) has agreed to pay more than € 100 million ($ 118 million) in back taxes, including a fine, after a ten-year audit of its accounts by French tax authorities, the company said on Monday With. France, which is pushing to …
Gran Colombia will be paying dividends this year
Gran Colombia is a medium-sized gold producer based in Canada with a primary focus on Colombia, where it is currently the largest underground gold and silver producer. The company also has several mines operating at its high-grade operations in Segovia. In …
Since the 2008 crises markets have not paid lower dividends
The coronavirus crisis will cause the world's largest companies to cut their dividend payouts by between 17% -23% or even up to $ 400 billion this year, a new report shows, despite sectors like tech battling that trend . According to calculations by fund …
German team of scientist develops process that allows for extraction of lithium from salt water
Researchers at the Karlsruhe Institute of Technology have developed an environmentally friendly process for extracting lithium from the saline thermal water reservoirs in the Upper Rhine Graben. Similar to other initiatives in Great Britain, the German …
Cannabis sales in Canada reach 200m CAD for the first time in history
For the first time, monthly retail sales of legal Canadian cannabis have surged to over $ 200 million, according to Statistics Canada, which has also just started adding weed to its wholesale sales data. Sales in June rose 7.9 percent to $ 201 million from an …
Blackstone takes over Ancestry.com for almost 5bn USD
Blackstone Group (NYSE: BX) Inc BX.N said Wednesday it agreed to acquire genealogy provider Ancestry.com Inc for $ 4.7 billion, including debt, from private equity rivals, with it Make a big bet on the family tree hunt as well as personalized medicine. …
Saudi oil exports at historical low in June
The world's largest petroleum exporter, Saudi Arabia, saw its crude oil exports hit a record low of just under 5 million barrels a day (bpd) in June as the de facto leader of OPEC led the efforts of the OPEC + group in response to the Collapse in demand …
Norway is giving a tax relief to its oil industry
Despite the crisis caused by the coronavirus, investments in the oil and gas industry in Norway are expected to increase by 1.6 percent this year compared to 2019. This is thanks to higher oil prices and the government's tax relief package for the oil …