SGML climbs 5.3% pre-market after securing an agreement with Minas Gerais state to restart mining and industrial activities. Sigma Lithium (SGML) shares jumped 5.3% in pre-market trading after the company announced full resumption of its mining and industrial operations in
Ivanhoe Electric (IE) up 4.5% pre-market Monday after saying it received a preliminary project letter from the Export-Import Bank of the United States for up to $1.1B in potential debt financing for its Santa Cruz copper project in Arizona. The PPL To ensure this doesnât h
The bank cites strong U.S. and China demand as support for copper prices despite recent pullback from all-time highs. Copper prices have retreated from record levels after a sharp rally, but the decline is viewed as a temporary setback. Strong import demand from the U.S. a
China's Ganfeng Lithium finalizes a joint venture with Lithium Argentina, investing $180M in Argentina's Pozuelos-Pastos Grandes projects. Lithium Argentina (LAR) announced a definitive agreement with Ganfeng Lithium (GNENY) to form a joint venture consolidating the Pozuel
She Bought the Winery’s Reserve Vintage With Her IRA. The IRS Treated Every Bottle as an Instant Withdrawal Quick Read - The IRS classifies wine as a collectible, which means any IRA purchase triggers an immediate taxable distribution regardless of where the bottles
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption. The day-ahead power price in Japan
Exxon Mobil joins three other suitors in submitting non-binding offers for Shell’s U.S. chemicals business valued at $8 billion. Exxon Mobil is competing to acquire Shell’s U.S. chemicals business, which could be worth $8 billion. The company is among four potential buyers
The discovery in Fars province includes 5.7 trillion cubic feet of recoverable reserves, state media reports. Iran has identified a natural gas field in Fars province containing over 7.5 trillion cubic feet of reserves, with 5.7 trillion cubic feet deemed recoverable. The
GE Vernova confirms heavy-duty gas turbine orders face a seven-year wait, risking delays for AI-driven data center power expansion. GE Vernova disclosed on its July 22 earnings call that new heavy-duty gas turbine orders will not be fulfilled until 2031. The backlog unders
SVRS:CA raises $7.5M through a private placement of 15M units at $0.50 each, with Eric Sprott as a key investor. Silver Storm Mining announced a $7.5M non-brokered private placement of 15M units at $0.50 per unit. The proceeds will fund the company’s exploration and develo
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