How Are Oil Prices Going To Look In 2023? — With Robert Ryan of BCA Research
Joining us today on The Daily Dive is Robert Ryan, Chief Strategist of Commodity & Energy Strategy at BCA Research. Robert sits down with us to share his thoughts on oil and gas, including their impact on inflation, their involvement in geopolitics and what to expect when EV’s become dominant. We also touch on his […]
Goldman Sachs: Commodities Will Continue to Outperform in 2023 Due to Scarcities
In the famous and loosely paraphrased words of Zoltan Pozsar, you can print more money but you can’t print oil, natural gas, coal, etc… Which is why Goldman Sachs analysts are expecting the strongest bull market for commodities yet. In fact, despite the worsening global economic slump dragging down demand, weak supply of raw materials […]
Steadright Critical Minerals Adds Third Ex-VALE Member To Team
Steadright Critical Minerals (CSE: SCM) continues to add bench strength to its technical and advisory teams. The company this morning indicated that it has added Alan King to its team, in the role of technical advisor for geophysics. Highly regarded in the exploration industry, King retired from VALE in 2012, where he held the role […]
Executive Who Pushed For Lisa LaFlamme’s Ouster Has Been Permanently Removed From CTV News
Bell Media has confirmed that Michael Melling will not be returning to his role as Head of CTV News following an independent investigation into the network’s newsroom. Melling has been reassigned to the position of VP of Shared Services within the company. The investigation was sparked by the sudden and unceremonious departure of Lisa LaFlamme […]
COP15 Finalized 2030 Biodiversity Deal But Language Is Arguably Vague
Nations have secured an agreement to halt and reverse environmental devastation by 2030 in a landmark deal at the United Nations Biodiversity Conference in Montreal. The participating countries at the conference have agreed to four goals and 23 targets, according to a declaration published early Monday morning. The UN biodiversity summit, known as COP15, laid […]
Binance: Former CFO Reportedly Claims To Have Never Seen Firms Full Books
The former CFO of the world’s largest crypto exchange reportedly never saw the firm’s books in his three-year stint. A Reuters report claimed that, despite Binance CEO Changpeng Zhao’s pronouncement of “full transparency,” most of the details about the exchange Binance.com are obscured from the public. The media firm’s analysis of Binance’s corporate records–which it […]
Emergent Metals To Conduct 4,000 Metre Drill Program At Trecesson Property
Emergent Metals (TSXV: EMR) is set to begin drill testing its Trecesson Property, which is found in Quebec. The firm this morning revealed plans for a drill program to be conducted on the property in the near term. The program is set to consist of 4,000 metres of drilling, which will follow-up on historic drilling […]
IAMGOLD To Sell Additional Assets For US$282 Million As It Works To Fund Cote Gold Project
IAMGOLD (TSX: IMG) continues to shed assets as it works to fund the development of its Cote Gold Project. The firm has revealed that it has entered into definitive agreements to sell exploration and development projects in Senegal, Mali and Guinea to that of Managem, collectively referred to as the Bambouk Assets. Interim CEO Maryse […]
Arena Minerals To Be Acquired By Lithium Americas For C$311 Million
An ongoing reorganization of Lithium Americas (TSX: LAC) is not stopping it from conducting major transactions. The firm this morning revealed that it will be acquiring Arena Minerals (TSXV: AN) as it looks to expand upon its assets in the Pastos Grandes basin. The transaction will see Arena acquired for US$227 million (C$311 million), which […]
Gold Breaches $1,800-Mark After Bank Of Japan Raised Benchmark Rate
After gold prices slumped below $1,800 per ounce in the past days following expectations that the US Federal Reserve will continue raising interest rates, the commodity rose above the price mark after the Bank of Japan shocked markets Tuesday by doubling a cap on 10-year yields. “While increasing the [Japanese government bonds] purchases, the Bank will […]