Oregon-Nevada caldera may hold record 40 million tonnes of lithium, study finds

Hand holding lithium-rich claystone samples from the Oregon–Nevada McDermitt Caldera lithium deposit.

A renewed geological study indicates that the ancient McDermitt Caldera, straddling Oregon and Nevada, may harbor the largest lithium deposit ever identified in the United States—potentially valued at $1.5 trillion. Experts believe this vast reserve could reshape the nation’s role in the global battery supply chain. The latest evaluations suggest the caldera could contain between … Read more

Geologists uncover high-grade ore in central China worth more than US$80 billion

Close-up of geologist holding high-grade gold ore sample from Pingjiang, Hunan Province, central China, part of US$80 billion discovery.

Chinese authorities announced in late 2024 the discovery of a massive gold reserve that could reshape the global precious metals market. The deposit, reportedly containing 1,000 metric tons of high-grade ore, is estimated at US$83 billion and could eclipse South Africa’s famed South Deep mine. In addition to its extraordinary volume, this find could catapult … Read more

Researchers uncover magma-driven pathway that lifts gold out of Earth’s depths

Volcano erupting at night with glowing magma jets, illustrating sulfur-rich magma pathway that lifts gold from Earth’s mantle.

Gold is famously elusive, yet a team of international researchers believes they have finally cracked the code. On December 29, 2024, they unveiled findings that show how molten rock, or magma, can transport gold from the planet’s depths to higher levels. In this groundbreaking announcement, Adam Simon of the University of Michigan worked with experts … Read more

Earth’s biggest iron store unearthed: 55-billion-ton poised to shake up mining markets

Close-up of raw iron ore nuggets from the record 55-billion-ton Hamersley deposit recently uncovered in Western Australia.

Scientists in Western Australia have identified what may be the largest iron ore deposit ever recorded. This massive find, estimated at 55 billion metric tons, could be worth up to $5.775 trillion at current market prices. Experts from Curtin University tested mineral samples, analyzed isotopes, and discovered that these iron-rich formations date back 1.4 billion … Read more

UPS confirms it will close its doors this spring in this state, putting 20,000 jobs at risk

UPS Worldwide Services truck turns into a suburban driveway outside a Pennsylvania home amid upcoming facility closures.

Aiming for efficiency and modernization, one of the world’s largest shipping companies moves ahead with significant changes that could affect thousands of employees. UPS has officially announced that three of its facilities in Pennsylvania will cease operations in the coming weeks. According to company representatives, this decision is part of a sweeping network reconfiguration plan … Read more

The discovery of the McDermitt caldera, estimated to be worth around $1.5 trillion, could put the US at the forefront of the global race to supply lithium

Open-pit mining machinery at McDermitt Caldera on the Oregon–Nevada border, where lithium-rich clay could yield a $1.5 trillion deposit.

Recent geological research has revealed that the McDermitt Caldera, located on the Oregon-Nevada border, may hold one of the largest lithium reserves in the United States—potentially valued at $1.5 trillion. Experts say this discovery could reshape America’s role in the global battery supply chain. In fact, estimates suggest between 20 and 40 million metric tonnes … Read more

Rite Aid plans to completely abandon all stores nationwide: Full breakdown of locations

Rite Aid storefront exterior with prominent logo signage under clear sky ahead of nationwide pharmacy closures in 2025.

Rite Aid, once known for its extensive network of pharmacies, is set to close all remaining stores across the United States. This decision follows the company’s ongoing bankruptcy proceedings and its Chapter 11 filing in October 2023. Shoppers and employees alike are preparing for the final wind-down of operations, which is expected to wrap up … Read more

A 3,000-year-old gold mine has been discovered in the Egyptian mountains: further evidence of the Pharaonic industry

Molten gold pouring from furnace symbolizes ancient Egyptian smelting in newly discovered 3,000-year-old Sukari Mountains mine.

Archaeologists discover 3,000-year-old mining camp in Egypt’s Sukari Mountains, shedding light on advanced extraction methods and community life. The revelation of a vast gold-mining settlement in the heart of Egypt’s Sukari Mountains has captivated researchers and the public alike. A multi-year initiative called “Reviving the Ancient City of Gold” recently unveiled remnants of a 3,000-year-old … Read more

Classic wooden coaster’s park to close: this date means final season for historic Wild One ride

Aerial view of Hurricane Harbor at Six Flags America in Bowie, Maryland, featuring a busy wave pool, water slides and a winding lazy river.

Six Flags America, a beloved theme park in Bowie, Maryland, will wave goodbye to visitors after more than two decades. The park, known for hosting the Wild One—the oldest roller coaster across the company’s nationwide properties—will shut down on November 2. Six Flags Entertainment Corporation explained it is no longer “a strategic fit” with their … Read more

From tremor to treasure: Earthquakes may brew giant gold nuggets inside quartz, new study finds

Close-up of gold nuggets in white quartz vein, illustrating seismic-driven mineral precipitation found in new study

A groundbreaking finding from scientists at Monash University in Australia suggests that seismic activity may hold the key to understanding how massive concentrations of gold accumulate within quartz veins. Their research, published in Nature Geoscience, provides new insights into a geological process that had puzzled experts for years. In their study, geologists observed that earthquakes … Read more

Bank of America hits the gas – 150 branch openings slated by 2027 and expansion starts in New York and Idaho

Bank of America branch sign symbolizing the rollout of 150 new U.S. locations by 2027, starting in New York and Idaho.

Bank of America has just announced a major expansion plan: 150 new branches will open by the end of 2027. Surprised? You might be, especially in this digital age. However, the bank believes there is still a strong need for traditional, face-to-face service. This ambitious plan involves an investment of $5 billion and is part … Read more

Forever 21 goes from success to bankruptcy: it closes all its stores in the United States and leaves a $433 million hole

Crowd of shoppers inside a Forever 21 store before its U.S. closures amid bankruptcy and $433 million supplier claims.

Suppliers from across Asia and other regions have issued complaints against the fast-fashion giant, alleging that the company deceived them right before filing for bankruptcy again in March 2025. The abrupt closures of Forever 21’s stores in the United States have left many feeling misled and out of pocket. Some even claim the brand used … Read more

The US supervolcano hides the largest known lithium deposit, according to a study: It could provide reserves valued at €413 billion

Geologist examines lithium-rich clay sample from Nevada’s McDermitt Caldera supervolcano, site of the world’s largest lithium deposit

An unexpected geological treasure buried beneath an ancient caldera in the western United States is sparking excitement across the clean energy sector. Researchers believe this massive lithium find, reportedly worth around $413 billion, might dramatically shift the global battery market and reshape America’s energy landscape. The McDermitt Caldera, formed 16.4 million years ago after a … Read more

Good news for Coinbase users: A plan has been established to reimburse users affected by the theft of $400 million

Coinbase logo on Times Square billboard above street crowd after $400 million breach reimbursement plan announcement

Shaken by a recent social engineering attack, Coinbase has committed to reimbursing customers who lost funds. Could you or someone you know be among the eligible recipients? Read on to find out. Coinbase has announced it will compensate the roughly 1% of its monthly active users who saw funds stolen in a breach that could … Read more

Full rundown of Walgreens pharmacies set to close: states and addresses where stores are disappearing next

Walgreens storefront with red script logo and green awnings, illustrating pharmacies that are closing in several U.S. states this month.

Walgreens, one of the largest pharmacy chains in the country, is moving forward with a wide-ranging plan to close dozens of retail stores. At least 13 states have already seen closures, and additional shutdowns are expected in the coming weeks. According to the company, these closures are part of a broader effort to streamline operations … Read more

Walmart reintroduces basket fees on purchases: tariffs have nothing to do with it

Walmart employee adjusts an in-store ‘Everyday Low Price’ sign showing $9.97, illustrating price management amid renewed basket fee not tied to tariffs.

The mega-retailer is bringing back a $6.99 charge on some online orders, but dismisses speculation that global tariffs are to blame. Walmart has revived a $6.99 “basket fee” for online grocery delivery and pickup requests under $35 by participants in the Walmart+ Assist program. The charge was suspended during the height of the COVID crisis … Read more

No more queues at Aldi with a new system: customers won’t have to go through the checkout but will have to pay before entering

Customers push carts into Aldi’s Greenwich pilot store, where a €12 entry deposit and smart sensors replace traditional checkout lines.

A UK store tests a pioneering approach, charging customers a deposit before they shop. This move aims to streamline checkout experiences and potentially revolutionize how we pay for groceries. In a pilot program running at an Aldi store in Greenwich, UK, shoppers must put down a deposit of €12 before stepping inside. According to local … Read more

The popular US convenience store chain is opening new locations, becoming one of the largest in the country

Buc-ee’s employees carving brisket and sausage at the Texas Round Up food counter inside a brightly lit new store location.

Buc-ee’s, the popular convenience store chain known for its massive locations and clean facilities, is expanding rapidly across the country. After its success in Texas, the company is now focusing on bringing its signature service to more states, with several new locations set to open in the next few years. Since its founding in 1982 … Read more

Wells Fargo sets new conditions for digital transfers: effective May 22

Exterior of a Wells Fargo branch with customers at ATMs, illustrating new digital-transfer conditions effective May 22 2025

Starting in May, Wells Fargo will introduce new terms and conditions for all digital bank transfers. The main goal is to reinforce security measures and comply with federal regulations aimed at preventing fraud and money laundering. In practical terms, both individuals and businesses who regularly transfer funds via Wells Fargo’s online channels will notice changes … Read more

Wave of closures for one of the world’s most famous American pizza chains: more than 200 restaurants are closing their doors

Close-up of Domino’s pepperoni-mushroom pizza in a delivery box as the chain prepares to close 205 underperforming stores.

Domino’s Pizza Enterprises has announced the closure of 205 restaurants worldwide, with 172 of these in Japan. This large-scale decision aims to streamline operations and bolster the company’s overall profitability. In a recent company update, the Ann Arbor, Michigan-based pizza chain’s largest franchisee confirmed that these closures come after careful evaluation of store performance. Many … Read more