Rio Tinto’s $2.5 Billion Lithium Initiative Marks a Victory for Milei
Rio Tinto’s $2.5 billion lithium plan is a win for Milei In the wake of Javier Milei’s recent election, Argentina has sparked significant interest in its mining sector through the implementation of an ambitious incentives program, known locally by its acronym RIGI. This initiative offers a variety of tax, currency, and trade benefits tailored specifically […]
What’s Ahead for Bank of Canada Rate Cuts? Insights from Trump
The market has had time to digest the language around the Bank of Canada’s jumbo interest rate cut on Wednesday. Now the looming threat of US President-elect Donald Trump’s proposed tariffs is the most significant wild card for where rates will go. The Bank’s 50-basis-point cut brought its policy rate to 3.25%, the upper limit […]
Broadcom Stock Soars 25%, Reaches $1 Trillion Market Cap Driven by AI Expansion
Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap on AI Growth Driven by robust expansion in its artificial intelligence business, Broadcom Inc. (AVGO, Financials) announced a 51% year-over-year rise in sales for its fiscal fourth quarter. By fiscal 2027, the corporation estimates that its income connected to artificial intelligence might reach $50 billion yearly. […]
Gold Stocks: Significant Bargains Await – MINING.COM
That contrarian call came to pass in early April, and gold kept on blasting higher. In mid-September this gold upleg grew to monster status at 40%+ gains, before peaking in late October skyrocketing 53.1% in 12.9 months! Gold clocked in with an amazing 43 record closes in that span, the last being $2,786 six weeks […]
Shell aims to expand its US oil inventory with subsea tie-back to Gulf of Mexico asset
Shell sets its cap on enlarging US oil arsenal with subsea tie-back to Gulf of Mexico asset Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has greenlighted another multi-well development project to enrich oil production from an asset lying in a water depth of about 2,450 meters (approximately 8,000 feet) in the U.S. […]
Morningstar’s Investor Reading List for 2025
In addition to gift-giving season, each December marks the time of year that Morningstar employees pass around recommended book lists as they look to use the last of their annual education stipend benefit. This year’s selections—suitable for gift-giving or just for yourself—offer a diverse range of insights, with some books focusing on achieving excellence, nurturing […]
Brent Crude Oil Prices Climb Despite Significant OPEC Forecast Reductions for 2024
Brent Crude – Oil Prices Rise Despite Largest OPEC Forecast Cuts of 2024 Most Read: USD/CHF edges up ahead of SNB rate decision Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing. This is a slight surprise given that OPEC downgraded its 2024 and 2025 forecasts. OPEC […]
Abu Dhabi Sustainable Finance Forum Concludes ADFW 2024
Abu Dhabi Sustainable Finance Forum Marks the Conclusion of ADFW 2024 ABU DHABI, UAE, Dec. 12, 2024 /CNW/ — ADGM, the international financial centre (IFC) of Abu Dhabi, in partnership with Global Climate Finance Centre (GCFC), HSBC and Smartenergy, today hosted the 7th edition of the Abu Dhabi Sustainable Finance Forum (ADSFF) to round off […]
Osisko Development’s Cariboo Gold Project Approaches Shovel-Ready Status with All Key Permits Obtained
“Our government is pleased that this project is one step closer to operation, which will provide good, well-paying jobs and open up long-term opportunities for local small businesses, communities, and First Nations,” stated Jagrup Brar, BC’s minister of mining and critical minerals. Full-scale construction is expected to commence in the second half of 2025, once […]
Anticipating Bitcoin’s Trajectory in 2025
Trump’s re-election has sparked a rally in bitcoin and advocates are upbeat about 2025. We look at the likely price drivers for the main cryptocurrency coin next year, the role that asset managers will play in bringing it into the mainstream and likely changes in the regulatory landscape. The “crypto winter” of 2021 and 2022 […]