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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
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Lithium Americas Corp. (NYSE: LAC) Receives A Favorable Ruling from United States District Court

Lithium Americas Corp. (NYSE: LAC) inches down in pre trading session on Wednesday as the firm received a favorable ruling from the United States District Court for the District of Nevada for the appeal filed against the Bureau of Land Management for the issuance of the Record of Decision relating to the Company’s 100%-owned Thacker Pass project in Humboldt Country, Nevada. The Federal Court has refused to vacate the mining Plan of Operations ROD.

The Federal Court’s favorable ruling confirms that the permitting process for Thacker Pass was thorough and responsible, and that construction can begin immediately. The Federal Court ordered the BLM to consider one mining law issue relating to the area designated for waste storage and tailings, but did not impose any restrictions that would have an impact on the construction timeline.

President and CEO Jonathan Evans expressed satisfaction that the Federal Court recognized the BLM’s decision to issue the Federal Permit. The favorable ruling provides the final regulatory approval needed to start construction on Thacker Pass.

The Federal Court rejected arguments that the Project will result in unnecessary and undue degradation of the local sage grouse population and habitat, groundwater aquifers, and air quality; that the BLM failed to adequately assess the Project’s impacts on air quality, wildlife, and groundwater; that the BLM failed to adequately consider the Project’s impacts on culturally or religiously significant areas; and that the BLM acted unreasonably or in bad faith in identifying tribes f

Based on an appellate decision issued after the BLM issued its ROD for Thacker Pass, the Federal Court remanded the BLM to determine whether the Company possesses adequate mining-claim rights to the lands over which the waste storage and tailings are expected to be located. The company plans to collaborate closely with the BLM to complete the necessary follow-up.

 

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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Newmont Corporation (NYSE: NEM) Is Finally Happening on A Large Scale on $17 billion Bid

Shares of Newmont Corporation (NYSE: NEM) inches up in pre trading session on Tuesday as in a fragmented industry, the world's largest miners have spent years calling for consolidation. Newmont Corp.'s $17 billion bid for Australia's Newcrest Mining Ltd....

DoorDash, Inc. (NYSE: DASH) and Chegg (NYSE: CHGG) Announces A New Partnership To Provide US Chegg Study Pack

DoorDash, Inc. (NYSE: DASH) and Chegg (NYSE: CHGG) announced a new partnership to provide US Chegg Study Pack subscribers with a free DashPass Student membership, complete with all perks and benefits. Chegg subscribers can activate their DashPass Student membership...

Biotech Stocks Regain Momentum: Walgreens Boots Alliance (NASDAQ: WBA), CVS Health (NYSE: CVS), J&J’s (NYSE: JNJ), Merck (NYSE:MRK)

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) inches up in early trading session on Thursday as the firm said that its board of directors has declared a quarterly dividend of 48 cents per share, the same as the previous quarter and...

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