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Australian Mining Giant Bets On Canada, Block's Bitcoin Mining Ambition, And A Clean Tech Nasdaq Debut

Australian Mining Giant Bets On Canada, Block's Bitcoin Mining Ambition, And A Clean Tech Nasdaq Debut

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November 12, 2024

Canadian Gold Explorer Lands Investment From Australian Mining Giant

American Eagle Gold (TSXV: AE) announced that Australian mining company South32 (ASX: S32) will invest $29.16 million into the company through a new strategic financing round. South32 will join Teck Resources (NYSE: TECK) as major shareholders in American Eagle as they continue to advance exploration efforts at their flagship NAK Project near Smithers, British Columbia.

Jack Dorsey and Block Are Going Big On Bitcoin Mining

Block (NYSE: SQ) announced plans to significantly deepen their investment into Bitcoin mining chips and full system hardware development. Previously, the company developed a 3-nanometre Bitcoin mining chip which leveraged the most advanced semiconductor technology available to be both energy efficient and high performance.

Canadian Clean Tech Company Makes Nasdaq Debut

Aduro Clean Technologies (NASDAQ: ADUR) raised $4.25 million and successfully completed an uplisting onto the Nasdaq. Aduro has developed an innovative and patented process known as Hydrochemolytic for recycling plastics and converting them into more valuable chemicals and fuel.

The Sprint

Apple (NASDAQ: AAPL) is putting $1.7 billion into Globalstar (NYSE: GSAT) for the development of a new large scale commercial satellite constellation.
Solana hit a new all time record for active monthly active users on their Layer 1 blockchain.
Serve Robotics (NASDAQ: SERV) is acquiring food tech robotics company Vebu, makers of an innovative robotic known as the ‘Autocado’.
OPAL Fuels (NASDAQ: OPAL) officially began construction on a new renewable natural gas facility located in Santa Clara County, California.
Ivanhoe Mines (TSX: IVN) announced new record breaking copper production from their Kamoa-Kakula copper complex
Tilray Brands (NASDAQ: TLRY) announced new results from a study done through their subsidiary Tilray Medical focused on dosing chemotherapy patients with THC and CBD.
Lundin Mining (TSX: LUN) hit a near all time record in revenue for their most recent quarter, led by their gold, copper and zinc production.
The Hershey Company (NYSE: HSY) acquired viral candy brand Sour Strips founded by content creator and entrepreneur Maxx Chewning.
Tether helped finance and facilitate an oil purchase between two companies for the first time ever.
Palantir (NYSE: PLTR) launched a new partnership with prominent venture backed artificial intelligence startup Anthropic to make AI models accessible to intelligence and defense agencies in the United States of America.

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