Recent Posts

Norway discovers Europe’s largest deposit of rare earth metals

Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe’s largest rare earths deposit is considered a welcome boost in Europe’s …

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Bitcoin Miner Bitfarms Battles Riot Takeover with Poison Pill Plan

Bitcoin mining firm Bitfarms has implemented a shareholder rights plan to protect its shareholders’ interests amidst an unsolicited takeover bid from another Bitcoin miner—Riot Platforms. This move follows Riot Platforms’ increased stake in Bitfarms and their offer to acquire all outstanding shares. Bitfarms’ Strategic Defense Amid Hostile Takeover Attempts Bitfarms’ strategy, known as a “poison pill,” aims to prevent hostile …

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At least 39 killed as boat carrying migrants sinks off Yemen, U.N. says

A boat carrying 260 migrants sank off Yemen’s coast on Monday, killing at least 39 people and leaving 150 others missing, the United Nations’ international migration agency said Tuesday. The International Organisation for Migration said in a message posted on social media that 71 people had survived the sinking. The nationalities of the migrants on the boat was not clear. …

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