Battery Materials Recycling Market Anticipated to Experience Significant Growth
Battery Materials Recycling Market Forecasted for Major Growth The Battery Materials Recycling Market is on the verge of substantial growth, projected to expand at a compound annual growth rate (CAGR) of 18% between 2024 and 2031. This upward trajectory is largely fuelled by the increasing global emphasis on sustainable practices, the booming electric vehicle (EV) […]
Weekly Market Outlook: Attention on Central Banks Amid Rising US Inflation Concerns
Markets Weekly Outlook – Central Bank Focus as US Inflation Looms Read More: EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming Week in Review: Jobs Data All but Confirms a December Rate Cut A week that saw a lot of choppy price action as markets awaited the US jobs report on […]
Gold’s Impressive Surge Continues – MINING.COM
Technically this past year’s surge remains an extraordinarily-large upleg within a bigger bull market. Bulls are defined as 20%+ gains off major lows. Within those usually-secular uptrends, smaller uplegs and corrections meander. Uplegs last until they are formally ended by 10%+ corrections, which sometimes cascade into 20%+ bear markets slaying bulls. Sub-10% selloffs within uplegs […]
TD Bank Reports Disappointing Earnings Driven by U.S. Operations
Toronto-Dominion Bank TD reported weaker-than-expected fiscal fourth-quarter results on higher costs as it works to put its regulatory issues in the US behind it. Adjusted net revenue increased 12.5% to C$14.9 billion while adjusted net income fell 8% from last year to C$3.2 billion. These results translate to a return on equity of 11.7%, below […]
Equinor and Shell Collaborative Partnership
Equinor and Shell joint venture Equinor and Shell have unveiled plans to form a JV that will combine their UK offshore oil and gas assets. According to Equinor, the new JV will be the UK North Sea’s “largest independent oil and gas producer”. The venture, equally owned by both companies, will aim to ensure the […]
CIBC Earnings: Improved Provisioning and Solid Performance…
Canadian Imperial Bank of Commerce CM reported decent fiscal fourth-quarter earnings largely in line with our expectations, with strong trading results and net interest income growth helping total revenue. Adjusted net income increased 24% from a year ago to C$1.9 billion. Adjusted earnings per share were C$1.91, up 22% year over year and down 1% […]
Bank of Montreal Earnings: Legal Reversal Impact
Bank of Montreal BMO reported better results than we expected, as the company benefited from a C$870 million reversal in a legal provision from 2022. However, excluding this one-time gain, the bank’s results were considerably less attractive, as elevated credit provisioning remains a headwind. Net revenue increased 7.7% from last year to C$8.96 billion, only […]
Mali Issues Arrest Warrant for Barrick CEO Over Tax Dispute – Report
The report follows the arrest of four employees from Barrick’s Loulo-Gounkoto mining complex in the West African country. Barrick stated that the company “will not be commenting” on the reported arrest warrant. The detention of foreign officials is becoming a pattern in Mali, as the government seeks to extract more revenue from the mining sector. […]
Post-Bitcoin Surge: What’s Next for Crypto After It Reaches $100,000?
The value of one bitcoin has exceeded $100,000 for the first time, boosted by the nomination of cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission by president-elect Donald Trump. The crypto community believes that the appointment of Atkins will mark a major shift in how the US approaches regulation, moving away from […]
Examining Oil and Gas Advertisements: How Accurate Are They?
Drilling into oil and gas ads — how accurate are they? You may have noticed a lot of oil and gas advertising recently, mainly driven by the Government of Alberta and Cenovus Energy. In October, Alberta launched its $7-million “Scrap the Cap” campaign in five provinces opposing the federal government’s emissions cap on oil and gas. Cenovus […]