Sigma Lithium: Production Anticipated Within The Next Twelve Months
On January 27, SIGMA Lithium Resources (TSXV: SGMA) announced that metallurgical tests conducted on its Barreiro lithium deposit in Brazil showed 66% – 70% lithium recoveries. These percentages are considered quite solid and support a doubling of its planned capacity to produce battery-grade 6% lithium concentrate to 440,000 tonnes per year (tpy) at its Grota […]
Endeavour Silver: BMO Lowers Price Target Following Guidance
Thursday morning Endeavour Silver (TSX: EDR) released their 2021 production guidance for 2021, guiding towards 3.6 – 4.3 million ounces of silver and 31,000 – 35,500 ounces of gold. They added that the all-in sustaining costs are estimated to be $19 – $20 per ounce of silver and said that they expect 2021 costs to […]
First Cobalt: Rising Chinese Restrictions Could Be A Net Benefit To The Company
China’s recent movements to limit its companies’ abilities to export rare earth materials to the U.S. suggests it is possible the country could consider similar restrictions on cobalt, a key component in the batteries of many electric vehicles (EVs). Such a move would have significant implications on the price of the brittle metal with strong […]
Ray Dalio: Bitcoin Is ‘One Hell Of An Invention’ That Comes With Serious Risks
The unprecedented global economic contraction and the resulting quantitative easing policies have created an environment for inflation to flourish. However, gold and other precious metals are no longer the sole wedge against inflation risks; as of late, cryptocurrencies such as Bitcoin have emerged as a protection against debasement of fiat currencies, and their recent rally […]
Plug Power and the Perpetual Motion Machine
We wrote last week about hydrogen hopeful Plug Power (NASDAQ: PLUG)‘s aspirations of becoming a cog in the hydrogen machine of the future, and Kerrisdale Capital‘s campaign to show that, in the terms of efficient, sustainable industrial energy shifts, hydrogen has no future. PLUG was off -$1.51 (-1.7%) in Monday’s session, as the market absorbs […]
Global Semiconductor Shortage Hammers Auto Industry
The surge in popularity for passenger vehicles and pickup trucks has put increased pressure on auto manufacturers around the globe, many of which are still trying to meet pent-up demand from factory shutdowns during the beginning of the pandemic. Now however, the auto industry faces yet another obstacle, this time a supply chain disruption due […]
Renforth Resources, Radisson Mining Of Interest Following QMX Gold Transaction
On January 21, Eldorado Gold Corporation (TSX: ELD) announced an agreement to buy QMX Gold Corporation (TSXV: QMX) at a takeover price of $0.30 per share, nearly a 40% premium to its January 20 closing price and an 80% premium to its year-end 2020 close. Eldorado had previously acquired a 17% stake in QMX Gold […]
Eguana Tech: Virtual Power Plants to Change The Grid – The Daily Dive feat Brent Harris
This weekend on the Daily Dive, we sit down with Brent Harris, whom is the Founder and Executive VP of Eguana Technologies (TSXV: EGT). Brent sits down with us this afternoon to discuss battery tech, virtual power plants, comparisons to Tesla’s energy products, and more. Based out of Calgary, Alberta, Eguana is focused on making […]
Canada’s Economy Expanded by 0.7% in November
Following a 0.4% increase in October, Canada’s GDP level expanded by another 0.7% in November, amounting to the seventh consecutive monthly gain after what was the largest economic contraction on record in March and April of 2020. According to latest data released by Statistics Canada, the rise in economic activity for the month of November […]
The Economy That Cried Wolf (Of Wall Street)
(title card concept stolen from Martin Scorsese and Jesse Hawken) This past March, when the pandemic shut the economy down by forcing everyone to stay home from work, may have been the last time the stock market worked the way it was supposed to. The major equity indexes, the minor equity indexes, and the bond […]