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Cypress Confirms Leach Results for Clayton Valley Lithium Project in Nevada

Feb 20, 2018 12:01 pm UTC| Business

VANCOUVER, British Columbia, Feb. 20, 2018 -- Cypress Development Corp. (TSX-V:CYP)(OTCBB:CYDVF)(Frankfurt:C1Z1) (“Cypress” or the “Company”) is pleased to announce additional results that confirm the high solubility of...

Paramount Gold Nevada Buys Down Existing Royalty and Acquires Private Land at Grassy Mountain

Feb 20, 2018 12:01 pm UTC| Business

WINNEMUCCA, Nev., Feb. 20, 2018 -- Paramount Gold Nevada Corp. (NYSE American:PZG) ("Paramount”) announced today that the Company has exercised its option to reduce the existing Net Smelter Royalty (“NSR”) from 6% down...

Astec Industries Reports Fourth Quarter 2017 Results

Feb 20, 2018 12:01 pm UTC| Business

CHATTANOOGA, Tenn., Feb. 20, 2018 -- Astec Industries, Inc. (Nasdaq:ASTE) today reported results for their fourth quarter and year ended December 31, 2017. Net sales for the fourth quarter of 2017 were $312.4 million...

KAR Auction Services, Inc. Reports 2017 Financial Results

Feb 20, 2018 12:01 pm UTC| Business

2017 revenue increased 10% to $3,458.0 million.Net Income Per Share increased 64%, Operating Adjusted Net Income Per Share increased 21% and Adjusted EBITDA increased 12% over the year ended December 31, 2016.Repurchased...

DropCar Signs New Agreement with Jaguar Land Rover Manhattan

Feb 20, 2018 12:01 pm UTC| Business

NEW YORK, Feb. 20, 2018 -- DropCar, Inc. (NASDAQ:DCAR), a provider of app-based automotive logistics and mobility services for both consumers and dealers, today announced a new agreement with Jaguar Land Rover...

Wave Life Sciences and Takeda Form Global Strategic Collaboration to Advance Therapies for Central Nervous System Disorders

Feb 20, 2018 12:01 pm UTC| Business

Wave to receive at least $230 million, including $110 million in upfront cash, $60 million in equity investment and at least $60 million in research support Takeda to receive option to co-develop and co-commercialize...

Amarillo Announces the Extension and Amendment of Its Gold-Linked Credit Facility

Feb 20, 2018 12:01 pm UTC| Business

TORONTO, Feb. 20, 2018 -- Amarillo Gold Corporation (“Amarillo” or the “Company”) (TSX.V:AGC), is pleased to announce that it has amended and extended its existing gold-linked credit facility (the “Facility”). ...

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Economy

Uranium Prices Could Top $100 as Nuclear Demand Grows

Uranium prices could rise above $100 per pound within the next three months as expanding nuclear power investment and tighter fuel requirements strengthen demand, according to Citi analysts. Citi maintained its bullish...

OPEC+ Expected to Hold October Oil Output Steady

OPEC+ is expected to keep its oil production policy unchanged for October when members meet on Sunday, as the producer alliance shifts its focus toward establishing new output quotas for 2027. Reuters reported that two...

China Expands Influence in Global Gold Market

China is strengthening its influence over the global gold market as central-bank purchases, household investment, institutional demand and new trading infrastructure reshape the countrys role in the bullion industry,...

Turkey Targets 5% Economic Growth by 2029

Turkey has unveiled its new medium-term economic program, setting ambitious targets for economic growth, inflation, unemployment and the budget deficit through 2029. Vice President Cevdet Yilmaz announced the governments...

Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links

Hong Kong is preparing to expand the use of the offshore yuan and strengthen cross-border investment ties with mainland China under its first five-year plan, Bloomberg reported Saturday, citing Chief Executive John Lee....

Politics

Iran Vows Tougher Response as US Sanctions Squeeze Economy

Iran has pledged to intensify efforts to counter the economic impact of U.S. sanctions while warning Washington that any further attacks will trigger a faster and more severe military response. Six months after...

Lavrov Accuses Germany of ‘Declaring War’ on Russia

Russian Foreign Minister Sergei Lavrov accused Germany of effectively declaring war on Russia amid escalating tensions over Berlins claims that Moscow was behind a drone incident at Leipzig/Halle Airport. Speaking on...

Russia Eyes Putin-Trump-Xi Trilateral Meeting at China APEC Summit

Russia has not ruled out a trilateral meeting involving President Vladimir Putin, U.S. President Donald Trump and Chinese President Xi Jinping, Deputy Foreign Minister Sergei Ryabkov said Sunday, according to state news...

Trump Peace Envoys Meet Zelenskiy in Kyiv After Putin Talks

U.S. peace envoys Jared Kushner and Steve Witkoff met Ukrainian President Volodymyr Zelenskiy in Kyiv on Sunday as the Trump administration stepped up efforts to negotiate an end to the Russia-Ukraine war. The meeting came...

AfD Eyes Historic Win in Saxony-Anhalt Election

Voters in Germanys eastern state of Saxony-Anhalt are heading to the polls on Sunday in a closely watched election that could deliver a historic victory for the far-right Alternative for Germany (AfD). Led by 35-year-old...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...

Japan, US Target AI and Chips in $550 Billion Investment Push

Japan and the United States are advancing a $550 billion investment initiative, with artificial intelligence and semiconductor projects expected to become major priorities in the next phase of the economic partnership,...

South Korea, US Discuss Chip Investments Amid Tariff Plans

South Korea and the United States are holding discussions over semiconductor investments in U.S. manufacturing as the two countries navigate broader economic and trade negotiations, a senior Seoul official said Friday. The...

Anthropic Nears $15 Billion Credit Deal Ahead of IPO

Anthropic is reportedly close to finalizing an expansion of its revolving credit facility to $15 billion, strengthening the artificial intelligence companys financial position ahead of its widely anticipated initial public...

Digital Currency