There’s been a storm brewing lately in the international finance arena on the topic of de-dollarization. What is it? De-dollarization is the process of reducing the dominance of the US dollar in global trade and financing activities. Recent data shows that other currencies are gaining ground, and the US economy is no longer the alpha...
Day: May 16, 2023
Nickel Creek Platinum Touts Carbon Sequestration Potential for Nickel Shaw Project
A University of British Columbia (UBC) study done on Nickel Creek Platinum’s (TSX:NCP) Nickel Shäw project indicates the property’s potential for a low-carbon mining operation through carbon sequestration, according to Stuart Harshaw, the company’s president and CEO. “The benefit of our project is that we actually have mineralization, which would be in our tailings as...
Genius Group shareholders okay spinout of Entrepreneur Resorts unit (GNS)
wutwhanfoto Singapore-based edtech Genius Group (NYSE:GNS) shareholders have approved a distribution of shares for the planned spinout of its hospitality unit, Entrepreneur Resorts. Genius said shareholders also approved measures for capital reduction and a new constitution. The spinout of its hospitality unit is expected to be completed during Q3. Entrepreneur Resorts is already traded on...
Nevada Organic Phosphate Appoints Project Manager
Nevada Organic Phosphate Inc. (“NOP” or the “Company”, formerly named Silver Eagle Mines Inc.) (CSE: NOP), a Nevada-based company engaged in the exploration for organic, sedimentary raw rock phosphate, is pleased to announce the appointment of Mr. Marco Montecinos as Project Manager to lead NOP’s development program at its Murdock Mountain property. Mr. Montecinos has...
Strong Global stock dips modestly following downsized $4M IPO (SGE)
ismagilov/iStock via Getty Images Strong Global Entertainment (NYSE:SGE) stock dipped modestly following the movie screen maker’s significantly downsized $4M initial public offering. Shares of Strong opened at $3.70 after being priced at $4.The stock hit a low of $3.45 in early trading, recently changing hands at $3.83 at around 11:15 a.m. ET. Strong offered 1M...