Global CO2 Emissions Expected to Surge Amid Covid-19 Economic Recovery
The global economy is set to record the second-highest increase in carbon emissions this year, largely driven by a rebound in coal use across Asia. According to the latest International Energy Agency (IEA) forecast, global energy-related CO2 emissions are expected to surge anywhere between 1.5 billion to 33 million tonnes in 2021, marking the largest […]
Equinox Gold: Analysts Reiterate Targets Following Pilar Mine Sale
On April 19th, Equinox Gold Corp. (TSX: EQX) announced that they sold their Pilar Gold Mine in Brazil to Pilar Gold Inc for a total of $38 million. Consideration is to take the form of $10.5 million up front, $10 million payable before May 31st, 2021 and an additional $17.5 million payable before July 31st, 2021. […]
Gold Is A Key Way To Store Value, Not Speculate – The Daily Dive feat John-Mark Staude
Today on the Daily Dive, we see the return of regular guest John-Mark Staude, CEO of Riverside Resources (TSXV: RRI). Today, John joins us to discuss the bitcoin to gold ratio, the undervalued nature of gold, rare earths, and gold exploration among other items. Riverside Resources, listed on the TSX Venture exchange under the symbol […]
Bank of Canada Reduces Bond Purchases, Hints at Earlier Rate Increase
The Bank of Canada took a more prudent monetary approach on Wednesday, in wake of a better-than-expected labour market recovery. In a written statement, policy makers led by Governor Tiff Macklem said the central bank will pare back its weekly Government of Canada bond purchases from $4 billion to $3 billion, citing an ongoing strong […]
Annual Inflation Jumps to 2.2% In March
Annual inflation levels across Canada jumped to 2.2% in March, largely due to the drop in prices a year ago during the onset of the pandemic. In March, the CPI increased 2.2% year-over year, up from a 1.1% gain in the previous month. According to Statistics Canada, the sharp increase partly due to base effects […]
AutoCanada Closes Private Offering Of $125 Million In Additional 2025 Senior Notes
AutoCanada Inc. (TSX: ACQ) announced this morning that its private placement offering of $125 million in additional 8.75% senior notes due February 11, 2025 closed today. Following this, the total principal amount outstanding on the February 2025 notes sits at $250 million. The company announced this additional offering of senior notes earlier this month, which […]
American Airlines Reports Q1 2021 Financials: US$4.0 Billion In Revenue, US$1.3 Billion Net Loss
American Airlines Group Inc. (Nasdaq: AAL) reported today its financial results for Q1 2021, earning US$4.0 billion in revenue and incurring a US$1.3 billion net loss. This quarter’s revenue is a 52.9% decline from last year’s US$8.5 billion while the net loss is a 44.2% improvement from last year’s US$2.2 billion loss. The US$1.3 billion […]
QYOU Media Sees Ratings Continue To Rise, Signs Unilever, Wipro As Advertisers
QYOU Media (TSXV: QYOU) continued its string of positive news this morning, announcing additional major advertisers have been signed by the company while the firm saw its ratings continue to improve on a week over week basis. The latest brands to join the company are that of Unilever and Wipro, whom bring brands such as […]
SNC-Lavalin Selected For California Transportation Department’s Management System
SNC-Lavalin Group Inc. (TSX: SNC) has been awarded a three-year contract to provide a transportation asset management system for the California Department of Transportation, whom is also known as Caltrans. The company reports the contract is worth US$15 million. Under the three-year contract, which includes two one-year extensions, SNC-Lavalin’s data transfer solutions business unit has […]
Newlox Gold Sees Gold Recoveries As High As 98.77% From Gold Leaching Tech
Newlox Gold Ventures (CSE: LUX) this morning provided the market with an update on ongoing research it is conducting related to environmentally friendly gold leaching technology. Recent tests have demonstrated gold recoveries as high as 98.77%. The company has developed a process referred to as Organic Aqua Regia, or OAR, which is a non-toxic and […]