What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the gold price often garners its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs […]

5 Top Weekly TSXV Stocks: Rugby Resources Surges 75 Percent

The S&P/TSX Venture Composite Index (INDEXTSI: JX ) improved by 13.93 points last week, closing at 546.26. Thursday (November 30) brought good news for the US economy, with the Federal Reserve signaling that it is likely done hiking interest rates . However, its wait-and-see approach leaves the door open to possible changes. That sentiment was […]

Editor’s Picks: Gold Hits New All-time High, First Quantum Pursues Arbitration

Gold began the final month of the year auspiciously, hitting a fresh all-time high. February gold futures ended Friday (December 1) at US$2,091.70 per ounce, but as Lobo Tiggre of IndependentSpeculator.com pointed out, the yellow metal closed at its highest level ever regardless of the contract. The move has generated excitement among market participants, but […]

Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare victory over inflation. Despite a string of positive indicators recently regarding prices, the central bank leader said the Federal Open Market Committee plans on “keeping policy restrictive” until policymakers are convinced that inflation […]

Red Lobster says unlimited shrimp promotion was too popular and too cheap

Red Lobster’s parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20 shrimp promotion wasn’t very profitable and was more popular than the company anticipated. ‘The proportion of the people selecting this promotion was much higher compared […]

Atlantic Lithium: Building Ghana’s First Lithium Mine

Atlantic Lithium (ASX:A11, AIM:ALL, OTCQX:ALLIF) intends to leverage Ghana’s 180,000 tonnes of estimated resources through its flagship Ewoyaa project, set to become Ghana’s first lithium-producing mine. Atlantic Lithium intends to produce spodumene concentrate capable of conversion to lithium hydroxide and carbonate for electric vehicle batteries. In June 2023, Atlantic Lithium released a definitive feasibility study […]

Many Peaks Gold: Exploring Mining-friendly Jurisdictions to Meet Growing Demand for Critical Minerals

Many Peaks (ASX:MPG) capitalizes on Australia’s and Canada’s ongoing push to strengthen domestic critical mineral production by advancing its gold-copper assets in Queensland, Australia, and other key energy transition projects in Newfoundland and Labrador, Canada. Many Peaks’ Canadian assets target REE and lithium deposits where Newfoundland represents an emerging district of lithium strategically positioned with […]