Patriot Battery Metals (ASX:PMT,TSX:PMET,OTCQX:PMETF) said in a December 4 announcement that it has produced a sample of battery-grade lithium hydroxide monohydrate from the CV5 pegmatite. CV5 is part of Patriot’s Shaakichiuwaanaan property, located in the Eeyou Istchee James Bay region of Québec. Shaakichiuwaanaan holds a mineral resource estimate of 80.1…
President-elect Donald Trump’s recent pledge to expedite permits for companies investing US$1 billion or more in the US has sparked significant discussions, particularly within the mining industry. The proposal, shared Tuesday (December 10) on his social media platform Truth Social, promises streamlined approvals, including environmental permits, for large-scale investments in…
Silver saw strong gains in 2024, breaching the US$32 mark in the first half of the year and then the US$34 mark in October. Silver’s dual function as a monetary and industrial metal offers great upside. Demand from energy transition sectors, especially for its use in the production of solar…
While he sees further upside potential until about the end of January, ultimately he expects gold to move sideways or lower for multiple months before starting another big rally that will last four to six years. ‘That’s when the miners are really going to participate, and we’re going to see…
Bitcoin hit a new record high of US$107,554 on December 16 following growing interest in Bitcoin as a potential reserve asset. The speculations were spurred by a statement from US President-elect Donald Trump about creating a strategic reserve for cryptocurrencies. “We’re going to do something great with crypto because we…
The uranium market saw a flurry of activity in 2024, from setting 17 year highs to seeing an additional six countries join the original 25 countries committing to tripling nuclear power by 2050 at COP29. The energy fuel also played a prominent role in the US tech sector’s clean energy…
Starting the year strong and setting a 17 year high of US$106 per pound the spot U3O8 market displayed another year performance in early January, the uranium spot price has spent the rest of the year consolidating, remaining rangebound between US$76 and US$86 since mid-June. Although prices faced consolidating headwinds…
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said Friday. A former top partner at McKinsey, Martin Elling, also agreed to plead guilty to…
A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown more discerning about how they spend their dollars. “I’ve been eating out less this year — it tastes just as good, and it’s way…
The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving the failed content startup. Carlos Watson was facing a maximum of 37 years in prison after his July conviction on securities and wire fraud charges. Prosecutors had sought…