Copper prices saw some gains during the first quarter of the year, but supply concerns and rising demand caused the copper price to surge in Q2 to a record high on the COMEX of US$5.20 per pound, or US$11,464 per metric ton, on May 20. Although strong demand from the…
Overview Governments worldwide have ambitious goals to reach net-zero emissions, putting renewable energy in the spotlight. Every emerging clean technology has one material in common: copper. Thanks to its highly conductive properties, the base metal has been a standard component in existing electronics, and global electrification will increase demand drastically.…
Resouro Strategic Metals (ASX:RAU,TSXV:RSM) published the results of a maiden JORC-compliant mineral resource estimate for the central block of its Tiros titanium and rare earths project on Wednesday (July 17). Tiros is located in Brazil’s Minas Gerais state, a leading iron ore, rare earths and phosphate jurisdiction. Its licence area…
Astudy published by the US Geological Survey shows that earthquakes can have a ‘substantial’ impact on mining, smelting and refining operations, creating lasting impacts for the global economy and supply chains. Focusing on copper and rhenium, a silver-gray transition metal, the study aims to quantify the risks that earthquakes pose…
CrowdStrike Holdings (NASDAQ:CRWD) has identified a system update as the cause of widespread global computer outages that have affected diverse businesses, including airlines, hospitals and banks. Initial concerns over a potential hack were dismissed, with the cybersecurity company explaining on Friday (July 19) that the issue was not related to…
Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to announce the discovery of an extensive system of gold bearing quartz veins within historical workings located approximately 250m north of the historic Trafalgar Mine at its 100% owned Golden Ridge Project in Northeast Tasmania (see Figure 1). Highlights…
Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets for $80 to selected shows. The offer is good for thousands of shows — but not all of them — and it is limited by geographic area. And…
Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is considering all options for its future and may lose broadcast rights to the NBA. While the media and entertainment landscape around Netflix is in a state of change, the…
A fault with an update issued by cybersecurity company CrowdStrike led to a cascading effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks and health care providers saw their services disrupted and television broadcasters went offline as businesses worldwide grappled with the ongoing…
Ursula von der Leyen has been reelected to a second five-year term as president of the European Commission after a vote by EU lawmakers, as the continent’s mainstream seeks to reassert itself in the face of a resurgent far right. In an earlier pitch to the European parliament in Strasbourg,…