Business
“JP Morgan Predicts Gold Prices Reaching ,500 by Year-End Due to Increasing Demand”
Global gold mining output reaches record high in Q2 2024 In the second quarter of 2024, global gold mining output achieved a record high, totaling 929 tonnes produced. This boost in production reflects the continuing desirability and worth of the precious metal.
“Tambourah Metals Unveils New Drilling Initiative Aiming at High-Grade Gold and Essential Minerals”
Site preparations and drill planning West Australian explorer Tambourah Metals (ASX: TMB) is making notable progress in its site preparations and drilling plans at the Tambourah gold project. The company has begun initial groundwork to support an extensive drilling initiative aimed at discovering high-grade gold and essential minerals.
“QMines Obtains Million in Funding to Propel Queensland Development”
Successful capital raising QMines, an Australian mining firm, has effectively completed a capital raising worth million, enhancing its development initiatives in Queensland. The two-part placement of the company experienced robust demand, with bids surpassing the initial target of million. Andrew Sparke, the executive chair of QMines, also took part in the placement.
“Gold Mountain Broadens REE Initiative in Brazil After Encouraging Exploration Outcomes”
Down Under REE Project Expansion Gold Mountain (ASX: GMN) has unveiled plans to broaden its Down Under rare earth element (REE) initiative in Brazil. This strategic endeavor is designed to harness the promising prospects of the area, fueled by encouraging new exploration outcomes.
“WoodMac Notifications: Profit Tax Adjustments Endanger North Sea Energy Industry”
Effects of new tax laws on the North Sea oil and gas sector Wood Mackenzie, a prominent global research company in commodities, has issued a grave alert concerning the potential impacts of the UK government’s suggested new taxes on the North Sea oil and gas sector.
MicroStrategy Increases Bitcoin Holdings with $4.4M Acquisition of 169 BTC in July
MicroStrategy’s Bitcoin Purchase and Financial Results Looking forward, MicroStrategy is actively seeking fresh initiatives to strengthen its Bitcoin-focused strategy instead of resting on its achievements. A key new initiative is the introduction of “BTC Yield” as a significant performance indicator.
“Create Extra Room: Explore Carnival Cruise Line’s Ingenious Cabin Trick with Magnetic Hooks”
Cabin space optimization suggestions for cruises Cruise cabins present minimal room to maneuver. An average cabin spans 165 to 190 square feet, which is about half the area of a standard hotel room that might accommodate up to four guests.
“Analysts Raise Price Targets for Meta Stock After Positive Earnings Report”
Meta’s Q2 financial performance and AI initiatives Meta Platforms’ shares surged significantly in early Thursday trading, potentially increasing market value by nearly 0 billion, as analysts and investors delved into the details of the social media company’s strong second quarter earnings.
“Hong Kong’s Biggest Online Brokerage Launches Bitcoin Trading, Increasing Accessibility to Digital Assets”
Futu’s venture into consumer Bitcoin trading Source: bitcoinmagazine.com Futu is temporarily eliminating Bitcoin trading fees to capture more market share. It is collaborating with the licensed exchange HashKey to facilitate trading under SFC regulations. This development follows Hong Kong’s earlier approval of an exchange-traded fund for Bitcoin and Ethereum this year.
“Stocks Climb on Fed’s Consistent Rates; Apple and Amazon Earnings Anticipated”
U.S. equity futures and market reactions U.S. equity futures continued to rise on Thursday, bolstered partly by further gains in the tech sector and a decrease in Treasury bond yields, as investors responded to dovish rate indications from the Federal Reserve while anticipating earnings from Apple and Amazon following the market close.