Business
“SKS Technologies Grows with M Data Centre Agreement in Melbourne”
Sks Technologies obtains million data centre agreement SKS Technologies (ASX: SKS) has landed a substantial million agreement for a data centre initiative in Melbourne. This contract was granted by Erilyan Projects, a construction firm with which SKS Technologies has a longstanding partnership.
“Motor Oil Firm Initiates Chapter 11 Bankruptcy Proceedings Due to Economic Difficulties”
Fisker Group and Auto Parts Manufacturers Encounter Financial Struggles The automotive sector is experiencing significant financial turmoil, with numerous prominent companies opting for Chapter 11 bankruptcy in 2024. Fisker Group, an electric vehicle (EV) producer located in Manhattan Beach, California, became the first car manufacturer to pursue Chapter 11 protection this year, filing on June 18.
“Carnival Cruise Line Welcomes Feedback from Passengers on Noteworthy Cruise Destinations”
Carnival’s Reaction to Hurricane Ernesto In August, Carnival Cruise Line encountered a major operational hurdle as Hurricane Ernesto approached Grand Turk. The *Carnival Magic* was at the port, but with the impending storm, the cruise line was compelled to make the vital choice to evacuate ahead of schedule.
“Ford CEO’s Trip to China Sparks Dynamic Turn Toward Electrification”
Ford alters direction towards hybrids amid EV hurdles In the previous month, Ford executed a notable shift in its electric vehicle (EV) strategy, surprising both supporters and detractors. The manufacturer revealed a pivot from its ambitious objective of a completely electric range, instead deciding to concentrate on hybrid models.
Hut 8 and BITMAIN Launch State-of-the-Art ASIC Bitcoin Miner Featuring Cutting-Edge Liquid-to-Chip Cooling System
Hut 8 and BITMAIN Introduce Next-Generation ASIC Miner Featuring DLC Cooling A particularly thrilling aspect of this collaboration is the adaptability it provides Hut 8 in scaling their operations. The commercial agreement encompasses a fixed hosting fee, ensuring cost predictability, alongside a purchase option permitting Hut 8 to acquire the hosted machines in up to three phases.
Germany’s Commerzbank and DZ Bank Introduce Bitcoin and Cryptocurrency Trading Services
German banks venture into crypto trading amid rising institutional interest JUST IN: 🇩🇪 0 billion Commerzbank to offer #Bitcoin and crypto trading. Commerzbank, recognized as Germany’s second-largest bank by number of branches, has partnered with Crypto Finance, a subsidiary of Deutsche Boerse, to deliver Bitcoin and cryptocurrency trading services to its corporate clientele.
“Ballymore Resources Enhances Dittmer Gold Ore Zone through Effective Step-Out Drilling Initiative”
Encouraging assay findings highlight potential for gold discovery Ballymore Resources (ASX: BMR) has disclosed promising assay findings from its Dittmer project located in north Queensland, indicating the likelihood of a significant gold discovery. The company announced assay grades reaching up to 807 grams per tonne from the initial three step-out surface drill holes.
“Bindi Metals Purchases Two Antimony-Gold-Copper Projects in Serbia’s Tethyan Belt”
Bindi Metals Completes Acquisition of Serbian Projects Bindi Metals (ASX: BIM) has successfully finalized the acquisition of the Lisa and Mutnica antimony-gold-copper projects, situated in Serbia’s Tethyan magmatic belt. The agreement was concluded with Apollo Minerals (ASX: AON), equipping Bindi Metals to take advantage of the area’s abundant mineral resources.
“Greentech Metals Aims for Resource Expansion with Promising Copper Yield from Whundo Drilling”
Drilling outcomes reveal high-grade copper prospects Preliminary drilling at Greentech Metals’ Whundo copper-zinc project located in Western Australia has produced encouraging findings, showcasing the potential for high-grade copper mineralization. The reverse circulation (RC) drilling effort, executed in July, included five holes totaling 1,710 meters across significant targets such as Austin, Ayshia, Shelby, Yannery, and Whundo.
“Advance Metals Uncovers High-Quality Gold in Rock-Chip Sampling at Augustus Project”
Major gold find at Augustus project Advance Metals (ASX: AVM) has announced a major gold find at its Augustus project in Arizona, following an exhaustive rock-chip sampling initiative. The firm detected nearly 60 veins throughout the project area, with assay results showing gold concentrations peaking at 116.