3 Hot NASDAQ Stocks: GRTX SEAC SOPA

Markets across the board ended in the red on Monday. Omicron fears and inflation worries are driving market sentiments right now. For us at Viral Stocks, our focus is on individual names that are not geared towards the wider market. By focusing on microeconomic factors rather than macro headwinds, investors can outperform the markets. There… Continue reading 3 Hot NASDAQ Stocks: GRTX SEAC SOPA

Mozambique grants licence for Battery Minerals’ graphite project

Australian firm Battery Minerals has received a mining licence from the Mozambican Government for its Balama Central graphite project. The project will allow the firm to produce 50,000 tonnes per annum (tpa) of graphite concentrate. Battery Minerals chairman David Flanagan said: “This is another important milestone for the Balama Central graphite project for the production… Continue reading Mozambique grants licence for Battery Minerals’ graphite project

Artisanal gold mine collapse in Niger claims at least 18 lives

The collapse of an artisanal gold mine in Niger has reportedly resulted in the deaths of at least 18 people and injured seven other miners. The incident took place on 7 November at the Garin-Liman mine site in the Maradi region when artisanal wells collapsed, according to the Agence France-Presse (AFP). The mine is located… Continue reading Artisanal gold mine collapse in Niger claims at least 18 lives

Consolidated Uranium to acquire Milo uranium and rare earths project

Consolidated Uranium (CUR) has agreed to acquire the Milo uranium, copper, gold and rare earth project in Australia, through its wholly owned unit CUR Australia. This project will be acquired from Isa Brightlands, part of Australian mineral exploration firm GBM Resources. The transaction will see CUR making a $500,000 cash payment, which has to be… Continue reading Consolidated Uranium to acquire Milo uranium and rare earths project

Greenland passes bill to ban uranium exploration and mining

Greenland has reportedly passed a law restricting mining and exploration of uranium and suspended the development of the Kuannersuit mine (Kvanefjeld). The law has been passed by the Inuit Ataqatigiit party, which secured victory in April 2021 elections following a campaign against the development of the Kvanefjeld project. The new legislation bans the exploration of… Continue reading Greenland passes bill to ban uranium exploration and mining

Mining operation owes millions of taxes to Solomon Islands

A Guardian report has revealed that a mining operation owes millions in unpaid taxes and royalties to the Solomon Islands. According to information garnered from a senior governmental official, the Asia Pacific Investment Development (APID) company and its subcontractor, Bintan Mining Solomon Islands Ltd (BMSI), have not paid taxes or royalties on over one-third of… Continue reading Mining operation owes millions of taxes to Solomon Islands