European Union to Produce Own Semiconductors by 2030 Amid Increasing Global Chip Shortage
The recent global semiconductor shortage that has plagued a number of major industries has caught the attention of the European Union, which has pledged to produce its own supply of chips by the end of the decade. According to a draft document obtained by Bloomberg, EU officials are planning to produce at least 20% of […]
Orezone Gold: Management Has Elected To Build A West African Gold Project Without A Net
Over the first two months of 2021, Orezone Gold Corporation (TSXV: ORE), a single-asset gold miner, put together a giant financing package, pegged at US$189 million, that fully funds the construction of its Bomboré gold mine in the West African country of Burkina Faso. Orezone has a 90% stake in the mine and the Burkina Faso […]
Precipitate Gold: Community Objections Halt Drill Program
On February 25, Precipitate Gold Corp. (TSXV: PRG) paused the planned 10-hole, 2,000-meter maiden diamond drilling program at its flagship 100%-owned Ponton copper-gold project in the Dominican Republic (D.R.) after drilling only two holes. A faction of the local community objected to the drill program and to the company’s exploration goals, and Precipitate Gold halted its […]
Toronto Home Sales Surge to Highest on Record for February
Canada’s largest housing market had another historic month in February, as home sales in the Greater Toronto Area soared by 52.5% year-over-year, setting a new record for the month whilst pushing the average price above $1 million. According to data published by the Toronto Regional Real Estate Board (TRREB), there were a total of 10,970 […]
Canada Nickel Company: Strong Nickel Demand Underscores The Value Of Its Properties
On February 25, Tesla’s CEO, Elon Musk, reiterated his concerns about whether Tesla can procure enough nickel to satisfy the expected explosive demand for the silvery-white metal in electric vehicle (EV) batteries. The world’s second richest man tweeted that, “nickel is our biggest concern for scaling lithium-ion cell production.” This follows his July 2020 quote: “Tesla will […]
Gold Feeling Like It’s At A Low – The Daily Dive feat Greg Johnson
On the Saturday edition of the Daily Dive, our host Cassandra Leah sits down with the CEO and Chairman of Metallic Minerals (TSXV: MMG), Greg Johnson. Greg sits down with us to talk the evaluation of gold properties, the current price action seen in the commodity, and the risk versus reward for gold exploration. Metallic […]
Canada’s Trade Surplus Exceeds Pre-Pandemic Levels, Rises to $1.4 Billion in January
For the first time since May 2019, Canada’s trade surplus topped $1.4 billion in January, following what has been a considerable increase in exports amid the pandemic. According to Statistics Canada, total exports rose by 8.1% to $51.2 billion, with notable increases in all categories. The January increase was the largest jump in exports since […]
Air Canada: BMO Reinstates Coverage With $33 Price Target
Last week, BMO Capital Markets reinstated their coverage on Air Canada (TSX: AC) after discontinuing their coverage since mid-2019. They now have a C$33 price target, down from their previous C$50 target but have kept their outperform rating on the company. Air Canada currently has 17 analysts covering the company with a weighted 12-month price […]
US Cannabis: The Current Landscape
Welcome to the Deep Dive Video Essay Series. Today we are looking at US Cannabis. Okay, so with the Senate recently flipped blue, Biden and the Democrats now have control over the Presidency, Senate and House, investors who follow cannabis stocks are now expecting the US to head towards some form of either descheduling or […]
US Unemployment Rate Falls to 6.2%, Pushing 10-Year Treasuries to New Highs
The highly anticipated payrolls report was forecast to show a significant improvement in the US labour market, leaving stocks stuck between a rock a hard place: a momentous increase in new jobs would send inflation fears soaring, push yields higher, and thus send stocks tumbling; meanwhile, a bleak number would backtrack America’s economic recovery mode […]