(TheNewswire) Vancouver, British Columbia TheNewswire – August 18th, 2025 Prismo Metals Inc. (the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that its has engaged Windfall Geotek Inc. to apply its proprietary Windfall AI System to integrate and analyze geophysical data, topography data and drill hole data at Prismo’s Hot Breccia copper project located in Arizona. Dr. Craig Gibson, Chief Exploration Officer of Prismo Metals commented: ‘The Hot Breccia Project should be an ideal place to apply the Windfall AI System. It lies in the world-famous Arizona copper belt, between several very well understood world-class copper mines including Christmas, Morenci, Ray and Resolution. (Figure 1) Hot Breccia shows many features in common with these neighboring systems, most prominently a swarm of porphyry dikes and series of breccia pipes containing numerous fragments of well copper-mineralized rocks mixed with fragments of volcanic and sedimentary derived from considerable depth.’ Click…

Tech stocks led Wall Street to a second consecutive week of gains as a series of data releases reignited optimism about a September interest rate cut from the US Federal Reserve. A strong consumer price index report was the catalyst, renewing anticipation that the Fed will lower rates when it meets next month. While Thursday’s (August 14) less optimistic producer price index report caused a momentary pause, the tech sector’s resilience — or defiance — mitigated losses and kept momentum alive. Here’s a look at the key moments that shaped the tech sector this week. 1. US government strikes controversial Big Tech deal On Monday (August 11), the Washington Post reported on a deal between the US government and tech giants NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (AMD) (NASDAQ:AMD). It stipulates that the tech companies must surrender 15 percent of revenue from Chinese sales of NVIDIA’s H20 chips and AMD’s…

Here’s a quick recap of the crypto landscape for Friday (August 15) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$116,999, a 0.8 percent decline in 24 hours. Its lowest valuation of the day was US$116,956, while its highest was US$118,192. Bitcoin price performance, August 15, 2025. Chart via TradingView. Bitcoin surged to a new all-time high of US$124,533 on Thursday (August 14), driven by increased institutional interest and expectations that the US Federal Reserve will cut interest rates. However, the rally was short-lived, as the price fell as low as US$117,263 early on Friday. The decline was attributed to hotter-than-expected US producer price index data for July, which dampened investor optimism about a rate reduction. Additionally, comments from US Secretary of the Treasury Scott…

The gold price cooled off this week as tariff-related uncertainty reached a resolution. The yellow metal was thrust into headlines late last week when US Customs and Border Protection told a Swiss refiner that 1 kilogram and 100 ounce gold bars would be subject to Trump administration tariffs that went into effect on August 7. Gold is one of Switzerland’s top exports to the US, and with the country facing a 39 percent levy, questions were rife about what the impact could be. Clarification came on Monday (August 11), when US President Donald Trump said on Truth Social that gold ‘will not be tariffed.’ While the news calmed market participants, Keith Weiner of Monetary Metals believes the incident could have long-term impacts. He said the tariff confusion caused the spread between spot gold and gold futures to blow out, creating difficulties for entities using the market to hedge. Here’s how…

On Friday (August 15), Statistics Canada released wholesale trade data for June. The release indicates that sales increased 0.7 percent to C$84.7 billion for the month, with four of seven sectors reporting gains. The increases were led by the food, beverage and tobacco sector, which increased 1.7 percent to C$15.6 billion, and on a provincial level by Québec, which reported 1.9 percent higher sales at C$15.3 billion. Sales also increased in the mineral, ore and precious metals subsector, rising to C$1.02 billion in June from C$750.84 million recorded in May. Despite the increases, Statistics Canada notes that more than a third of all businesses questioned said Canada-US trade have tensions affected them, and that sales have been negatively impacted in all seven subsectors. In the US, the Bureau of Labor Statistics released July consumer price index (CPI) data on Tuesday (August 12). It shows that the all-items index increased 0.2…

Alice Queen (AQX:AU) has announced HORN ISLAND MINING LEASE APPLICATION REGISTERED Download the PDF here. This post appeared first on investingnews.com

The world’s top gold producers delivered a string of robust second-quarter results, buoyed by record prices and resilient operations as investors continue to seek refuge in the yellow metal amid growing economic uncertainty. With spot gold trading above US$3,400 per troy ounce, just shy of its April all-time high of US$3,448.50, the world’s largest gold producers posted higher earnings and stronger cash flow in their recent Q2 results. Below is a breakdown of how a few major players fared in Q2. Barrick nearly doubles profit margins Barrick Mining (TSX:ABX,NYSE:B) formerly Barrick Gold, reported a 97 percent year-on-year jump in net income to US$1.25 billion for the quarter, compared to US$634 million a year earlier. Earnings per share rose to US$0.47 while operating cash flow in the first half reached US$2.5 billion, up 32 percent from 2024. Free cash flow more than doubled to US$770 million, supported by higher commodity prices.…