Gold’s record-breaking rise continued on Friday (September 5), with the price approaching US$3,600 per ounce. After spending the summer months consolidating, the yellow metal began breaking out this week. It pushed through US$3,500 on Tuesday (September 5) and then kept rising, coming within less than a dollar of US$3,600 on…
Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) (‘Purepoint’ or the ‘Company’) announces the closing of the final tranche of its previously announced private placement (the ‘Private Placement’) comprising of a combination of: 5,768,824 Saskatchewan charity flow through units (the ‘SK Flow Through Units‘) at a price of $0.65 per…
Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million (the ‘Offering’). In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825…
It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011. The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that…
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of…
Thursday was a little bit of everything. France’s women’s boxing team got sidelined at the World Championships, American Eagle stock popped on the Sydney Sweeney campaign, US Justice Department has opened a criminal probe into Fed Governor Lisa Cook, and Bitcoin dipped below $110,000 as traders stayed cautious.A glance at…
Shares of Shoe Carnival (NASDAQ: SCVL) rallied by 18% on Thursday after the footwear retailer reported second-quarter 2025 earnings that exceeded profit forecasts, overshadowing weaker revenue and a reduction in full-year sales guidance.Strong earnings, weaker salesThe company posted earnings per share (EPS) of $0.70 for the quarter, surpassing consensus estimates…
The US financial and political landscape was active on Thursday, with developments spanning high-profile legal battles, renewable energy disputes, labor market data, and a strong session for equities. New York’s attorney general is pushing to reinstate a $464 million fraud penalty against former President Donald Trump, while renewable energy developer…
A cloud of uncertainty that has long shadowed the global trade landscape has finally lifted, as President Donald Trump signed an executive order formalizing a landmark trade pact with Japan, unleashing a powerful wave of relief that is sending Asian markets surging on Friday. This stunning breakthrough, coupled with a…
A day of significant developments is underway, as a major breakthrough in the US-Japan trade war sends auto stocks soaring, President Donald Trump hosts the titans of Silicon Valley for a high-stakes AI summit at the White House, and a new front opens in the artificial intelligence arms race with…