Highlights Estimated capital cost of US$161.7 million (including contingency), with pre-tax NPV8 of US$424.1 million and a pre-tax IRR of 31.1%Expansion significantly de-risked through application of NextSource’s all-modular construction approach and sharing of infrastructure with …
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VVC Exploration Corporation, dba VVC Resources, (‘VVC’) or (the ‘Company’), (TSX-V:VVC and OTCQC:VVCVF) announces the following significant developments on its ongoing Syracuse Project: Completed Durler 2-21 Well Now Being Optimized VVC previously announced, on November …
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Carbonxt Group Limited (Carbonxt or the Company) is pleased to announce that it has successfully raised$0.6m (before costs) through the placement (“the Placement”) of 10m new fully paid ordinary shares at an issue price of …
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Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to announce it has entered into an option agreement with CaNickel Mining Limited (TSX.V:CML) (“CaNickel”) where Blackstone will have a 12-month period and exclusive right to …
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Wall Street isn’t expecting any drama when the Federal Reserve announces its final interest rate decision of the year on Wednesday. The U.S. central bank is expected to leave rates at their current level of …
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Business
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
by adminWells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The discounts, known as pricing exceptions, are used by mortgage personnel to help secure deals in competitive …
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The housing market might be turning around for frustrated would-be buyers as mortgage rates dip and listings rise, according to the real estate brokerage Redfin. The interest rate on a 30-year fixed mortgage is down …
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Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the holiday shopping season, according to a company memo obtained by CNBC. Hasbro had about 6,300 employees …
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Experts think the government’s last price report of the year will provide more evidence that inflation is slowing. The Bureau of Labor Statistics is scheduled to release its consumer price index Tuesday morning. Economists say …
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Business
A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.
by adminIt’s a dramatic and troubling claim: Two New York law professors, one of them a former commissioner of the Securities and Exchange Commission, say that bets were made against Israeli stocks in October and made …