Newmont (TSX:NGT,NYSE:NEM) announced the sale of its Cripple Creek & Victor mine in Colorado, US, to SSR Mining (TSX:SSRM,NASDAQ:SSRM) for up to US$275 million, continuing its ongoing restructuring efforts. Under the terms of the deal, Newmont will receive US$100 million in cash upon closing, with an additional US$175 million contingent…
Newmont (TSX:NGT,NYSE:NEM) announced the sale of its Cripple Creek & Victor mine in Colorado, US, to SSR Mining (TSX:SSRM,NASDAQ:SSRM) for up to US$275 million, continuing its ongoing restructuring efforts. Under the terms of the deal, Newmont will receive US$100 million in cash upon closing, with an additional US$175 million contingent…
Investor Insight Mount Hope Mining’s strategic location in the prolific and resource-rich Cobar Basin, which has seen increased activity in recent years, signifies the company’s compelling investment proposition. Overview Mount Hope Mining (ASX:MHM) is an Australian resource company specializing in copper and gold exploration. With its flagship project located in…
The Tokyo government plans to introduce a four-day workweek for its employees in an attempt to support young families and boost record-low fertility rates nationwide. Tokyo Governor Yuriko Koike announced that starting in April, employees of the metropolitan government will have the option to take three days off each week.…
China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already tense trade relations between the two countries as President-elect Donald Trump prepares to take office for a second time. China’s state market regulatory arm said the probe is related to Nvidia’s 2019…
OpenAI said Monday it’s releasing its buzzy AI video-generation tool, Sora, later in the day. The AI video-generation model works similarly to OpenAI’s image-generation AI tool, DALL-E: A user types out a desired scene, and Sora will return a high-definition video clip. Sora can also generate video clips inspired by…
The pieces are coming together for the startup basketball league Unrivaled. The 3×3 women’s hoops league announced Tuesday that it has signed a multiyear deal for Under Armour to become its official uniform partner and performance outfitter. This follows the league announcing a number of recent big player signings and reaching a media broadcast deal in…
Multiple formations of Chinese naval and coast guard vessels are moving in waters around the Taiwan Strait and the Western Pacific, Taiwan’s Defense Ministry said Monday, as the island braces for potential military drills by Beijing. Taiwan’s armed forces had identified Chinese People’s Liberation Army (PLA) vessels from the Eastern,…
At the historic Umayyad Mosque in the heart of Damascus, a red, white, black and green flag flies. On the other side of the Syrian capital, former Syrian President Bashar al-Assad’s palace burns. An anchor reads the Sunday news: “We announce to you from the Syrian news channel the victory…
Haiti’s government says the country’s gangs have crossed a “red line” after allegedly killing over 180 people over the weekend, after a gang leader reportedly blamed Voodoo adherents for his child’s grave illness. A statement by the Haiti Prime Minister’s office accused gang leader Micanor “Mikanò” Altès and associates of…