It can be tempting for investors to focus on specific assets or strategies when building an investment portfolio, but those taking a long-term approach will want to diversify in order to balance out potential portfolio instability. Gold has a reputation for being a reliable diversifier because it can act as a hedge against various risks....
Tag: investing news
McPhillamys Gold Project in Jeopardy After Federal Government Issues Protection Order
The company said the declaration applies to freehold land that it owns and impacts a “critical area” of McPhillamys, which has already received approval under both state and federal regulations. According to Regis, this week’s declaration affects McPhillamys’ proposed tailings storage facility, which falls within the boundaries of the declaration area. Plibersek’s decision follows a...
Billion-dollar Deals in Radiopharmaceuticals Catch Investor Attention
Recent mergers and acquisitions and partnership deals in the medical industry are showing signs of increasing investor interest in the radiopharmaceutical space. Separate from that investment, Lantheus has an agreement with Radiopharm to license two preclinical assets for $3 million. Plans involve building new manufacturing facilities, including in Rochester, Minnesota, near the Mayo Clinic, and...
China Approves 11 Nuclear Reactors in US$31 Billion Green Energy Investment
In a move to boost its nuclear energy capacity, China’s State Council has approved the construction of 11 new nuclear reactors across five provinces, with a total estimated investment of US$31 billion. The reactors are part of China’s broader strategy to double its nuclear energy production by 2035. Two of CNNC’s reactors will be Hualong...
Artrya on Track for FDA Application Submission Following Second Q-Submission Meeting
Highlights A Q-sub is a formal written request from a company for feedback from the FDA to help guide application preparation. Artrya had requested this second meeting to validate and confirm the approach taken since the first Q-Sub meeting in June 2023. Artrya CEO Mathew Regan said: “I am pleased to report the outcome of...
Top 10 Potash Countries by Production (Updated 2024)
All of this is welcome news for potash investors — many potash-mining operations have closed in recent years, and some are waiting on the sidelines for better days and improvements in potash prices. The US Geological Survey estimates that global annual potash production reached 39 million metric tons in 2023, while world potash reserves came...
How Will the US Election Affect the Crypto Industry? (Updated 2024)
As the world continues to embrace digital currencies and blockchain technology, the cryptocurrency industry is solidifying its position on a broad scale as a key part of the global economy. Six months in, 2024 has already been a big year for crypto, with milestones including a new all-time high for the Bitcoin price, and the...
Top Stories This Week: Gold Price Hits New Record of US$2,500, Mining M&A Continues
The CPI was up 2.9 percent year-on-year in July, and 0.2 percent from the previous month. Core CPI, which excludes food and energy, was up 3.2 percent on an annual basis and 0.2 percent month-on-month. Through the all-cash deal, Gold Fields will gain full control of the Quebec-based Windfall gold project, which it currently jointly...
Piche Resources: Targeting Globally Significant Uranium and Gold Discoveries in Australia and Argentina
The Ashburton uranium project comprises three exploration licences and has the potential to host uranium mineral deposits similar to the Pine Creek Geosyncline in Australia’s Northern Territory, and the Athabasca Basin in Saskatchewan, Canada. iche has an internationally recognized board focused on creating long-term shareholder value, and an in-country technical team in Argentina with a...
Multiple 20m Intercepts with +1.2% to 1.7% Cu from In-Fill Drilling Nueva Sabana Oxide Deposit, Cuba
HIGHLIGHTS Gold Domain – Nueva Sabana Copper Domain – Nueva Sabana Sampling Techniques and Data are set out in the JORC Code 2012 Edition Template attached. NUEVA SABANA OXIDE DEPOSIT source