Silvercorp Metals is temporarily slowing operations at its Ying and GC mines in China due to new nationwide safety regulations following a fatal coal mine accident. The company identified non-compliance with the new safety standards and is investing about $11.5 million to upgrade safety systems and equipment. Production is expected to drop 40-50% at Ying and 50% at GC during July-September, with a smaller impact in the current quarter. Silvercorp will resume phased production as safety improvements pass inspections, aiming to comply fully with the new government mandates.
Ero Copper Corp. held its Annual General and Special Meeting of Shareholders with 82.98% of shares represented. Shareholders re-elected all ten directors, re-appointed KPMG as auditor, and approved amendments to the company's stock option and share u...
Upbit, South Korea's largest crypto exchange, will start trading the decentralized AI compute token Gensyn ($AI) on June 30, 2026, with KRW, BTC, and USDT pairs. This listing comes just over two months after Gensyn's mainnet launch in April, marking ...
A10 Networks (ATEN) is rated a BUY due to its strong earnings performance and expansion in AI-driven security services. The company's solutions have high customer retention due to their mission-critical nature, generating recurring revenues and cross...
In India, the price of Tether's USDT stablecoin surged to a premium of over 8.5% above the official USD/INR exchange rate, reaching 102.88 rupees compared to the official 94.65 rate. This sharp rise from the usual 3-4% premium reflects a sudden short...
MicroStrategy, led by executive chairman Michael Saylor, announced plans to purchase more than $14 billion worth of Bitcoin, expanding its already large holdings of 847,000 BTC. This move reinforces the company's long-term commitment to Bitcoin as a ...
