Safe Superintelligence (SSI), a startup co-founded by former OpenAI Chief Scientist Ilya Sutskever, has secured US$1 billion in seed funding to develop advanced artificial intelligence (AI) systems focused on safety. The funds will be used to acquire computing power and recruit top engineering and research talent. Currently, SSI has 10 employees and operates out of...
Category: investingnews
TEM | Yalgoo Update – Commencement of Drilling at Remorse
Key Points Don Smith, Managing Director of Tempest Minerals, commented: “Despite some challenges, we’ve commenced drilling at Remorse. Our methodical approach to exploration has led us to this point, and we are excited to be testing the potential of this promising copper target. We look forward to updating shareholders as results become available.” Yalgoo Project...
Up to ~A$25 Million Capital Raise to Support Full Funding of HMW Phase 1
Highlights: In addition, the Company is pleased to announce a 1 for 4 non-renounceable entitlement offer to raise up to A$13.3 million at the same price as the Placement (the Placement and the Entitlement Offer together being the Offer). Galan’s proposed offtake partner1, Chengdu Chemphys Chemical Industry Co., Ltd (Chemphys) or designated affiliate, has agreed...
Linius Technologies Limited (ASX: LNU) – Reinstatement to Quotation
Description Issued by ASX Compliance source
Linius Funded with up to $3 Million Capital Raising
Highlights: In addition to the Note Facility and Placement, the Company has entered into a standby equity facility with Eli Capital Pty Ltd (Eli Capital) with up to $1.5 million worth of standby equity capital available to the Company at its discretion over the next 18 months (Equity Facility). The aggregate of this capital raising...
Substantial Step to Pilbara Processing Hub
Anax’s Managing Director, Geoff Laing, commented: “We are extremely pleased to be working with Artemis on potential copper/gold production via the planned Whim Creek hub and to advance gold exploration opportunities at the project. Our region is prolific with copper and gold potential, and we look forward to applying the key strengths of our respective...
Multiple High-Grade Copper Results and Antimony at Fiery Creek Project
Highlights The first-phase sampling program provides initial confirmation of the Project’s exploration potential. Results come from the priority Piper prospect in the north-west of the Project area, and include multiple very high-grade copper samples along with high-grade silver results (Figure 1). Highlight results include; The sampling program also returned encouraging antimony (Sb) results including; 10,883ppm...
China Files WTO Complaint Over Canada’s EV and Metal Tariffs
China has lodged a formal complaint with the World Trade Organization (WTO) in response to Canada’s recently announced tariffs on Chinese-made electric vehicles (EVs), as well as steel and aluminum. Beijing claims that these measures, which are set to take effect in October, constitute trade protectionism that violates international rules and distorts global supply chains....
The First of Three New Drilling Programs Underway in Major Australian Gold & Critical Minerals Provinces
Metals Australia CEO Paul Ferguson commented: “2024 is shaping up as the most active and exciting period in Metals Australia’s history – with the three aggressive gold and critical minerals drilling and exploration programs launched at Warrambie, Big Bell North and Warrego East in Australia being advanced in parallel with our two gold and critical...
Top 5 Canadian Mining Stocks This Week: American Creek Soars 85 Percent on Acquisition News
22,000 jobs were added to the Canadian economy in August with 66,000 part-time job gains being offset by 44,000 full-time job losses. With the overall employment rate ticking down just 0.1 percent to 60.8 percent, the underlying shift shows employment growth is being outpaced by population growth. With 7.1 million people unemployed, the release shows...