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CrowdStrike Shares Drop After System Update Causes Global Tech Outage

CrowdStrike Shares Drop After System Update Causes Global Tech Outage

Initial concerns over a potential hack were dismissed, with the cybersecurity company explaining on Friday (July 19) that the issue was not related to any security incident or cyberattack. The outages were caused by a defect in a single content update for Windows hosts, specifically linked to Falcon Sensor software. This defect led to numerous...

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Falcon Closes Third Tranche of Private Placement

Falcon Closes Third Tranche of Private Placement

All securities issued pursuant to the Third Tranche will be subject to a statutory hold period in accordance with applicable Canadian securities laws. The Private Placement is subject to final acceptance of the TSX Venture Exchange. CONTACT INFORMATION: Falcon Gold Corp. “Karim Rayani” Karim Rayani Chief Executive Officer, Director Telephone: (604) 716-1036 Email: info@falcongold.ca Cautionary...

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Adrian Day: "Extremely Rare" Gold Stock Opportunity Won't Last

Adrian Day: "Extremely Rare" Gold Stock Opportunity Won't Last

Speaking to the Investing News Network, Adrian Day, president of Adrian Day Asset Management, explained what factors are behind gold’s price rise and why gold stocks haven’t performed as well as might be expected. He also shared his thoughts on when gold equities will finally move higher. “I think when companies start to report their...

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Chinese Copper Smelters to Trim Output in Response to Falling Margins

Chinese Copper Smelters to Trim Output in Response to Falling Margins

These decisions were revealed during a quarterly meeting of Chinese smelters held in Shanghai last week. Daye Nonferrous Metals, a major smelter based in the country’s Hubei province, plans to cut its smelting output by 20 percent in 2025. The company has already implemented smaller reductions, resulting in a decline in its total refined copper...

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Tax Benefits of Flow-through Shares in Mining and Exploration

Tax Benefits of Flow-through Shares in Mining and Exploration

Flow-through and super flow-through shares have been gaining popularity in Canada’s mining sector, and for good reason. There’s much to be gained by taking advantage of the tax incentives provided by these share models, particularly in mining-friendly jurisdictions like Quebec. ASX-listed companies with projects in Canada have found these tax measures especially beneficial. The bottom...

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BHP Suspends Nickel West Operations and West Musgrave Project

BHP Suspends Nickel West Operations and West Musgrave Project

The transition period will begin in July, with handover activities targeted for completion by the end of the year. “Like others in the Australian nickel sector, we have not been able to overcome the substantial economic challenges driven by a global oversupply of nickel,” said Geraldine Slattery, BHP Australia president. “Low prices in a market...

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TSMC Boosts Revenue Expectations as US Policy Concerns Weigh on Chipmakers

TSMC Boosts Revenue Expectations as US Policy Concerns Weigh on Chipmakers

It reported consolidated revenue of 673.51 billion New Taiwan dollars (approximately US$20.82 billion), reflecting a 40.1 percent year-on-year increase and a rise of 13.6 percent from the previous quarter. TSMC’s net income rose by 9.9 percent from the first quarter, hitting 247.85 billion New Taiwan dollars. “Our business in the second quarter was supported by...

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Source Rock Royalties

Source Rock Royalties

Source Rock acquired new royalties worth nearly C$13 million in 2023 and a total of C$16.5 million since its IPO in March 2022. These acquisitions effectively doubled Source Rock’s royalty acreage, significantly enhancing both its current royalty production and its exposure to potential undeveloped drill locations. Source Rock generated C$6.6 million in royalty revenue in...