Lucara Diamond (TSX:LUC,OTC Pink:LUCRF) announced the discovery of an ‘epic’ 2,492 carat diamond at its Karowe mine in Botswana on Wednesday (August 21), saying it is one of the largest rough diamonds ever found. Media reports indicate that it is second only to the 3,106 carat Cullinan diamond found in…
‘Gold is a big deal and it’s becoming a bigger deal — and that’s because it is real money,’ he said, noting that the yellow metal has been used as a store of value and a currency for thousands of years. ‘With that kind of history, you can say with…
Not for distribution to United States newswire services or for dissemination in the United States. Mawson Finland Limited (‘ Mawson ‘ or the ‘ Company ‘) (TSXV: MFL) is pleased to announce the closing of its previously announced initial public offering (the ‘ IPO ‘) of common shares in the…
Asteroid-mining startup AstroForge is making waves with its plan to land on a near-Earth asteroid in 2025. The company announced the expedition on Tuesday (August 20), also revealing that it has raised US$40 million in a Series A funding round, bringing the total capital it has accumulated to US$55 million.…
You may not have heard of coltan, but it’s a key raw mineral whose components are found in everyday technologies from smartphones to laptops as well as advanced medical equipment. However, the supply chain for the black metallic mineral has faced controversy given that the vast majority of coltan comes…
Editor’s note — The Teamsters Union said on Thursday (August 22) night that Canadian National Railway Company workers will return to work on Friday (August 23). The work stoppage at Canadian Pacific Kansas City remains in place pending an order from the Canada Industrial Relations Board. Canadian rail workers are…
There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview on CNBC’s “Squawk Box,” the retail chief disputed campaign talking points accusing grocers of inflating prices. He said retailers have to be responsive to customers or risk losing business. He…
DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday. Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric…
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed. “The vast majority” of participants at the July 30-31 meeting “observed that, if the data continued to come in about…
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been slowing. The change means that roughly 2.1 million jobs were created in the U.S. in the past year, compared with…