As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out
The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.
Jul 18, 2024 03:33 AM EDT
Stablecoins Emerge as a Lifeline in Argentina's Economic Crisis
The US House of Representatives is set to vote on overriding President Biden's veto of a measure to remove SEC rule SAB 121, impacting cryptocurrency firms.
Super Funds Urged to Future-Proof Amid Contingency Planning Shortfalls
APRA urges superannuation funds to improve financial contingency planning amid significant shortcomings.
US Industries Demand Hearing on New China Tariffs Imposed by Biden
Numerous pro-trade American industry associations have requested an extension of one month for the Biden administration to provide feedback on their intentions to apply higher tariffs to Chinese imports of solar equipment, electric cars, batteries, and other items. This basically means that the start date of many of the penalties has been postponed until August 1.
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Texas Cuts Funding for F1 Racing, But FIA Wants More Race in U.S.
Texas governor cut the funding to Formula One race in its state. On the other hand, the Formula One governing body wishes to have more race in U.S.
Dec 28, 2015 10:02 PM EST
Sweden is the first country to become cashless society
Banknotes will soon be eliminated and Sweden will be the first country to become a cashless society. Although, a lot of the country's banks no more accept or dispense cash, this move toward a digital economy seems not advisable since there are risks included using apps and cards as a mode of payment
Dec 31, 2015 05:45 AM EST
Afghanistan is Still The World's Largest Opium and Heroin Producer
Afghanistan is still the largest producer of opium in the world. Area where Taliban has a strong presence has been the main supplier for the world's opium.
Dec 28, 2015 04:14 AM EST
China passes new controversial anti-terrorism law
China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.
Dec 28, 2015 04:03 AM EST
Mexico's Pemex to slash down jobs in 2016
Mexico state-run oil major Petroleos Mexicanos (Pemex) may reduce jobs in 2016 as part of its restructuring plan. The company is keen on making partnerships along the production chain. Pemex may tap private capital for funding the business strengthening operations.
Dec 26, 2015 08:19 PM EST
JPMorgan alerts Japan Inc to brace up for ¥100/USD
The latest forecast form JPMorgan Chase & Co has alerted the Japanese industry to be ready for the rising Yen to ¥100/USD in 2016 from the current 121. However, it also said that the surge in currency value may not harm drastically. Contrary to this, another survey carried out by Nikkei Research for Reuters indicated yen would fall to 130 per dollar.
Dec 26, 2015 08:17 PM EST
Westinghouse is nearing a nuclear deal with India
Westinghouse Electric Co. expects to reach a deal with India by the end of next year to provide at least six nuclear reactors. The company is expected to build around 60 new nuclear reactors in the country.
Dec 26, 2015 08:11 PM EST
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