Seabridge Gold announced plans to spin out its 100% interest in the Courageous Lake gold project into a new publicly listed company, Valor Gold, distributing Valor shares to Seabridge shareholders. This move aims to unlock the value of Courageous Lake, which has significant gold resources but has been overshadowed by Seabridge's larger KSM project. The spin-out requires shareholder and court approval, with a vote scheduled for May 22, 2026. Valor will focus on advancing the project with $10 million in funding and experienced management, including mining veteran Mark Ashley as CEO. The project holds over 11 million ounces of measured and indicated gold resources, making it one of Canada's highest-grade open-pit gold projects.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
