Affinity Metals Corp. has signed a three-year option agreement to acquire a 100% interest in the Northline Gold property in Ontario, located near major gold camps and the Golden Patricia Mine. The property lies in a highly mineralized greenstone belt known for over 65 million ounces of gold production. To complete the acquisition, Affinity Metals will pay $99,000 and issue 300,000 shares over three years, while the sellers retain a 1.5% net smelter returns royalty, reducible to 1.0%. This acquisition aligns with Affinity Metals' strategy to grow its portfolio of strategic metal assets in North America.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
