Author: backoffice

Bitcoin surged early in the week before retracting below US$100,000, dampened by a hawkish rate cut from the US Federal Reserve that led to significant drops in both the crypto and stock markets. Find out what other key pieces of news made headlines in the tech space this week. The cryptocurrency market kicked off the...

The gold price fell below the US$2,600 per ounce level this week, responding to the US Federal Reserve’s interest rate cut at its final meeting of the year. “I think the actual cuts that we make next year will not be because of anything we wrote down today. We’re going to react to data; that’s...

The agency said the decrease was partly due to a 0.4 percent decrease in gasoline prices and consumers taking advantage of lower prices during Black Friday sales. The Fed cited an improving economic outlook, with inflation easing towards its target 2 percent range and a better job market balance. However, the Fed is widely expected...

The silver price reached highs not seen since 2012 this past year, supported by an ongoing deficit and increasing interest from investors as geopolitical concerns prompted safe-haven buying. The white metal reached its highest point for the year in October, breaking through US$34 per ounce on the back of a shifting post-pandemic landscape and geopolitical...

Highlights: Pursuant to the terms of the Placement, subscribers were offered 1 free-attaching unlisted option for every 2 Placement Shares subscribed for, with an exercise price of A$0.042 per option and expiry date of 31 December 2027 (Placement Options). Under Tranche 1 of the Placement, the Company confirms that it has today issued: Tranche 2...

The US Federal Reserve announced an interest rate cut of 25 basis points on Wednesday (December 18), reducing its target range to 4.25 to 4.5 percent in its third reduction of the year. Policymakers also signaled that only two rate cuts are expected in 2025 versus the four originally forecast. “I think the actual cuts...

This follows the recent award of a USD $7.1 million grant from the State of Wyoming to support the advancement of the company’s rare earth processing initiatives. The facility, situated in a strategic location, will serve as a hub for exploration, processing, and future development activities, enabling the company to align its efforts with state-backed...

After trending down in 2023, nickel prices climbed to a 10 month high in late May of this year. However, they’ve since pulled back to four-year lows. While this environment has been tough for nickel companies, some stocks are still thriving. Supply is expected to outflank demand over the short term, but the longer-term outlook...

In the intricate web of modern infrastructure, cable wires serve as the nervous system, transmitting power and data across vast networks. These unassuming components play a pivotal role in sustaining our technologically driven world, making them a cornerstone of industrial progress and a compelling focus for astute investors. The longevity and reliability of cable systems...

The MOU establishes a potential long-term mixed rare earth carbonate offtake partnership between the two companies. It will have an initial five year offtake term with a possible five year extension. According to Victory Metals, its target is to provide Sumitomo with 30 percent of the annual mixed rare earth carbonate production from the North...