Polymarket’s decentralized forecasting has caught Wall Street’s eye. The New York Stock Exchange’s parent, Intercontinental Exchange (NYSE:ICE), made a headline-grabbing US$2 billion investment last week, signaling that decentralized forecasting is stepping onto the global financial stage. In an X post, Polymarket CEO Shayne Coplan called the partnership “a monumental step forward for DeFi.” Jeffrey C.
China has sharply expanded its export controls on rare earth elements and related technologies, tightening its grip on a strategically vital sector just weeks before a possible meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea. The Ministry of Commerce announced Thursday (October 9) that five additional rare earth elements:
Canadian miner Silver Storm Mining (TSXV:SVRS,OTCQB:SVRSF) has signed a US$7 million offtake prepayment deal with Samsung Construction and Trading (HKEX:028260) and two of its subsidiaries to help restart production at its La Parrilla silver mine complex in Durango, Mexico. Under the agreement announced Friday (October 10), Samsung and subsidiaries will provide the financing through a
Oil prices weakened in Q3 as global supply outpaced demand and inventories swelled. Brent crude fell 1.7 percent to end the quarter at US$65.90 per barrel, while West Texas Intermediate dropped to US$62.33. Deloitte’s latest energy report attributes the decline to rising stockpiles and OPEC+’s early decision to unwind production cuts, adding 1.37 million barrels
By John Newell It’s fascinating how investor psychology changes depending on where we are in the cycle. Gold and silver are trading near record highs, major producers are generating more free cash flow than at any time in history, and yet the dominant question I hear is: “When should we sell?” That’s a fair question,
Canadian crypto stocks offer investors exposure to the booming cryptocurrency market. Cryptocurrencies are digital currencies that are independent of traditional banking systems. They exist on a blockchain, a secure and immutable transaction record shared among many computer nodes in a network. The most well-known crypto is Bitcoin, and the process of generating new Bitcoin units
An ongoing land-use dispute in British Columbia’s mineral-rich Golden Triangle has escalated into a full-blown legal battle as Tudor Gold (TSXV:TUD,OTC Pink:TDRRF)takes the province and rival Seabridge Gold (TSX:SEA,NYSE:SA) to court over tunneling rights linked to one of Canada’s largest undeveloped mining projects. Tudor filed a civil claim in the BC Supreme Court on September
Australia-based Predictive Discovery (ASX:PDI) and Canadian company Robex Resources (ASX:RXR,TSXV:RBX,OTC Pink:RSRBF) have agreed on a merger of equals, creating West Africa’s new mid-tier gold producer. In a joint announcement, the companies said that Predictive Discovery will indirectly acquire all of Robex Resources’ shares. “(We expect) to issue an aggregate of approximately 2,115 million PDI shares
Major miner BHP (ASX:BHP,NYSE:BHP,LSE:BHP) welcomed October with the news that it will invest over AU$840 million in its Olympic Dam copper operation in South Australia. In an October 1 release, the commodities giant said that the funding is for a series of “growth-enabling projects” at the site, focused on strengthening underground mining productivity. The company
Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history. It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies. In this article What physical gold product is best to buy? What is the difference between the gold spot price and