Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park.Robert Clarke, director, US Lower 48, at global natural resources consultancy Wood Mackenzie, said: “The deal creates a Haynesville leader with the pro-forma company having access to the three best parts of the play: Caspiana Core in Louisiana, the S...Read More
Commenting on the news that offshore driller Ensco will buy Rowan in a $2.38 billion deal, Leslie Cook, principal analyst, Wood Mackenzie, said: "As we have been saying for the past two years, consolidation among drillers is paramount to a recovery. In that respect, this announcement comes as no surprise."Ensco and Rowan are companies that have strong brand recognition in both the jack-up and floa...Read More
Sunrun has agreed to acquire Vivint Solar in an all-stock transaction. The deal is valued at $3.2 billion including debt.Commenting on the deal, Ravi Manghani, Wood Mackenzie Research Director, said: "Per Wood Mackenzie’s US PV Leaderboard, Sunrun and Vivint have been the #1 and #2 residential solar companies in the US for the past few years. Sunrun holds about 9% of the market share and Viv...Read More
With 2021 shaping up to be the year the world got serious about decarbonisation, every sector can expect to come under the climate change microscope. The vast carbon emissions from steel and aluminium production often overshadow the environmental impact of zinc, lead and copper smelting. But the energy-intensive process of producing these metals is far from squeaky clean. So, is ‘green&rsquo...Read More
BHP has made an all-share offer for Anglo American which valued the company at US$40.7 billion, conditional upon separate demergers by Anglo American by distribution of its entire shareholdings in Kumba and Anglo-American Platinum Limited to Anglo American shareholders. Anglo American’s board has unanimously rejected the proposal from BHP on the basis of valuation and uncertainty associated...Read More
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new research from Wood Mackenzie.Both projections have been revised down 2% when compared to Wood Mackenzie's pre-coronavirus forecast, with the pandemic delaying total vehicle sales by two years.Responses to the pandemic from China and Europe have strongly...Read More
Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.Wood Mackenzie senior consultant Lei Sun said: “Major crude oil importers such as China have been known to build their strategic reserves when prices are low, as seen in previous oil...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:35 AM EST.Index futures added 11 points following release of February Non-farm Payrolls at 8:30 AM EST. Consensus was an increase to 170,000 from 143,000 in January. Actual was 151,000. February Unemployment Rate was expected to remain unchanged from January at 4.0%. Actual was an increase to 4.1%. Febru...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 70 points at 8:30 AM EST. European Central Bank lowered its lending rate to major banks by 0.25%.Zscaler advanced $9.84 to $206.29 after offering guidance above consensus.Marvel Technology dropped $13.45 to $76.69 after offering guidance below consensusMongoDB dropped $44.13 to $220.30 after offering guidance below co...Read More
On Tuesday, Speaker of the House Mike Johnson presided over President Trump's address to a joint session of Congress. He was seated on the podium next to Vice President JD Vance, acting in his capacity as president of the U.S. Senate. President Trump stood in front of them facing the cameras and the world. This is the kind of environment he thrives in.On the House floor, in addition to the members...Read More
The Donald wants his prize: Greenland. Unlike his first term, when everyone ignored him, this time everyone's taking him quite seriously. Why is that? Because they understand now that Trump isn't daydreaming about owning the world. They know Greenland is a serious way to secure the North Atlantic.A Warming Arctic, A Growing OpportunityThe Arctic is ice-free for more of the year than ever, which ha...Read More
Bill Powers and Brian Leni share junior mining insights about PDAC, Metals Investor Forum, the multi-bagger process, and much ...Read More
Fury CEO Tim Clark and QPM CEO Normand Champigny, along with Fury SVP Exploration Bryan Atkinson, explain why Fury ...Read More
Discover why Arizona copper is attracting major mining companies as Ken Engquist from Intrepid Metals (INTR) reveals the ...Read More
Gold #mining #stockmarket #resources #investing #trending Discover Nova Pacific Metals [TSXV: NVPC], a promising mining ...Read More
Copper #mining #trump #stockmarket #resources #finance Join us as Craig Hallworth, SVP & CFO of Gunnison Copper Corp.Read More
Uranium #Mining #resources #stockmarket #investing #toronto Discover the promising future of uranium with Pine van Wyk from ...Read More
uranium #mining #nuclear #energy #stockmarket #nasdaq Dive into the latest with Corey Dias, CEO of Anfield Energy [TSXV: ...Read More
Discover why copper's future shines bright with Ian Graham, President of Oroco Resource Corp (TSXV: OCO), as he reveals their ...Read More
CEO Brent Osmond reveals Fiddlehead Resources' (TSXV: FHR) future plans using existing infrastructure near Rocky Mountain ...Read More