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Category: Investing

OceanaGold Acquires Ausgold in US$549 Million Deal

OceanaGold Acquires Ausgold in US$549 Million Deal

Vancouver based OceanaGold has reached an agreement to acquire Australian developer Ausgold in a deal valued at 549 million US dollars. The move grants OceanaGold full ownership of the Katanning gold project in Western Australia, adding a strategic piece to its growing global portfolio. The transaction received unanimous backing from the Ausgold board, with major […]

AuKing Acquires Green Exploration from Tusker Minerals

AuKing Acquires Green Exploration from Tusker Minerals

AuKing Mining has significantly expanded its footprint in Africa after agreeing to acquire Green Exploration, a Malawi focused subsidiary of Tusker Minerals, in a deal worth roughly 3.44 million US dollars. While the companies had previously been discussing an exclusive arrangement centered specifically on the Machinga heavy rare earths project, this broader agreement allows AuKing […]

Stocks Settle Lower on Rising Crude Prices and Higher Bond Yields

Stocks Settle Lower on Rising Crude Prices and Higher Bond Yields

The S&P 500 Index ($SPX) (SPY) closed down by -0.52% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.17%.  E-mini S&P futures (ESU26) fell -0.48%, and September E-mini Nasdaq futures (NQU26) fell -0.17%. Stock indices settled lower on Monday, with the Dow Jones Industrials […]

Equinox Gold Secures Federal Approval for Nevada Mine

Equinox Gold Secures Federal Approval for Nevada Mine

Equinox Gold has cleared a critical regulatory path toward expanding its footprint in the United States after receiving federal approval to build the South Railroad mine in Nevada. The U.S. Bureau of Land Management issued a positive record of decision on Monday, effectively finalizing the National Environmental Policy Act permitting process. This move removes the […]

I’m Considering These 2 High-Yield Stocks for My TFSA

I’m Considering These 2 High-Yield Stocks for My TFSA

A Tax-Free Savings Account (TFSA) is an excellent vehicle for long-term wealth creation, allowing investors to earn tax-free returns on eligible investments within their available contribution room. However, investors should be selective when choosing TFSA investments, as selling stocks at a loss can permanently reduce their contribution room. Therefore, focusing on quality dividend stocks with […]

Curaleaf Plans US$272 Million Hostile Bid for Aurora Cannabis

Curaleaf Plans US$272 Million Hostile Bid for Aurora Cannabis

Curaleaf has officially launched a hostile takeover attempt for Aurora Cannabis, bypassing the company’s board of directors to appeal directly to shareholders with an unsolicited bid valued at approximately 272 million US dollars. The move comes after Connecticut based Curaleaf claims that repeated attempts to negotiate privately were ignored or rebuffed by Aurora leadership. To […]