An initial US Food and Drug Administration (FDA) study on kratom, a plant-based substance long consumed in Southeast Asia, has found that the compound appears safe when used in capsule form, even at high doses. Kratom, a botanical product derived from the leaves of Mitragyna speciosa, has been used in Southeast Asia for centuries, with...
Tag: investing news
Continued Excellent Results from Jasper Hills with Initial Fish Deposit Assays up to 45 g/t Gold
HIGHLIGHTS Brightstar’s Managing Director, Alex Rovira, commented “The assays returned from Fish confirm the high-grade nature of the resource, with consistent mineralisation over several metres providing support for conventional underground mine designs and stoping widths at shallow depths. With the current Jasper Hills drilling program ending within a week2, on-going geological interpretations are being completed...
Nordic Nickel Limited (ASX: NNL) – Trading Halt
Description Issued by ASX Compliance source
Rhyolite Ridge Project Advances After Ioneer Receives Final Environmental Impact Statement
In a Friday (September 20) press release, the company said Nevada-based Rhyolite Ridge is the first lithium project to reach this stage of the environmental permitting review process under the Biden administration. According to Ioneer, the asset will increase the nation’s lithium supply by four times, reducing reliance on foreign sources, and will create hundreds...
BHP and CBE Sign Letter of Intent to Explore for Tier 1 Copper-Silver Deposits in Botswana
The Proposed Transaction underscores Cobre’s confidence in the potential for its projects to host Tier 1 copper-silver deposits. A partnership with BHP would provide the exploration scale and expertise to maximise our chances of making significant new discoveries on our basin margin exploration ground while retaining 100% ownership of our Ngami and Okavango Copper Projects...
US Government Funding Update
The DoD grant application is designed to provide near-term funding for an accelerated Feasibility Study and associated drilling and testwork at the Company’s McDermitt Lithium Project (currently the largest lithium deposit in the US2), whilst the DoE grant application was for longer-term funding for engineering, procurement, construction and development of a lithium processing facility at...
BHP Contributes C$250,000 for Conservation of Saskatchewan's Meewasin Valley
Located in Saskatchewan, Canada, the Meewasin Valley is one of the country’s most important natural landscapes. BHP said it will contribute a total of C$250,000 to the conservation efforts, adding that the funds will allow the Meewasin Valley Authority to plant an additional 5,000 native trees, shrubs and grasses per year. The money will also...
American West Signs Formal Agreement for A$18.8 Million Royalty Funding for the Storm Copper Project, Canada
Dave O’Neill, Managing Director of American West Metals, commented: “We are very pleased to have finalised formal documentation of the royalty funding which allows us to commence accessing substantial non-dilutive funding for the Storm Copper Project. “The royalty funds have allowed us to expand activities at Storm this year, resulting in considerable advancement of the...
Top Stories This Week: Gold Breaks US$2,600, Here's What Experts Think is Next
Gold hit yet another price milestone this week, closing Friday (September 20) at US$2,622.12 per ounce. The long-awaited reduction is the first since 2020, and places the target federal funds rate at 4.75 to 5 percent. Aside from its emergency cuts during the pandemic, the Fed hasn’t lowered rates by half a percentage point since...
Tech 5: Microsoft Taps Three Mile Island to Power AI, Intel Shares New Strategy
All eyes were on interest rates this week as the US Federal Reserve’s two day meeting took place. Meanwhile, Bitcoin and Ether rallied later in the week, but analysts are uncertain about the sustainability of their gains. Stay informed on the latest developments in the tech world with the Investing News Network’s round-up. With the...