Robust September US Jobs Report Paves the Way for…
Hiring in September proved far stronger than economists expected, making it more likely that the Federal Reserve will opt for a smaller interest rate cut in November than had been anticipated just a few weeks ago. The US economy added 254,000 jobs in September, according to the latest Bureau of Labor Statistics report, which also […]
Dredging Commences at Lumsden Point, Hub Set to Emphasize Battery Metals Exports
Dredging operations have commenced at the Lumsden Point project in Port Hedland, a pivotal hub for Australia’s import and export activities. Over the next eight weeks, approximately 1 million cubic meters of material are slated to be excavated as part of this extensive initiative. Funding and Impact In a press release dated September 30, Pilbara […]
3 Lithium Stocks Poised for Multibagger Potential: July Update
With growing demand for all things green, it’s time to buy the weakness in lithium stocks. Exxon Mobil (NYSE:XOM), for example, just said lithium demand will grow. “What we’re seeing right now in lithium is the sentiment is bearish, says Exxon’s lithium global business manager, Patrick Howarth, as quoted by Bloomberg. “But underlying that is a […]
Coeur Mining to Acquire Silvercrest in $1.7 Billion Transaction
The merged company will own five mines in North America, with three of them considered top silver producers — Rochester in Nevada; Palmarejo in Mexico’s Chihuahua; and Las Chispas in Sonora, also Mexico. Las Chispas mine, which began production in late 2022, has shown strong operational performance, Coeur’s President and CEO, Mitchell J. Krebs told investors […]
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES TSXV LISTING AND CSE REMOVAL
International Battery Metals Ltd. (IBAT) is making significant strides in the lithium extraction industry with an upcoming shift in its trading status on Canadian stock exchanges. Effective October 7, 2024, IBAT’s common shares are set to begin trading on the TSX Venture Exchange (TSXV), following a voluntary delisting from the Canadian Securities Exchange (CSE) on […]
If You Can Only Invest in One Battery Stock This July, Make It One of These Three Picks
It’s been a good few days for battery stocks due to the July 11 announcement by QuantumScape (NYSE:QS) and PowerCo, Volkswagen Group’s (OTCMKTS:VWAGY) battery division. Under the agreement, PowerCo will be able to mass produce solid-state lithium-metal batteries using QuantumScape’s planned QSE-5 technology platform. The non-exclusive license allows PowerCo to produce up to 80 gigawatt-hours […]
High Risk of Gold Selloff
Over this past year gold has blasted higher in a monster upleg, soaring 46.8% at best over 11.7 months into late September! This remarkable rally has proven one of gold’s biggest and longest uplegs in decades. Bull uplegs are born after corrections or bear markets, 10%+ and 20%+ declines respectively. Uplegs remain alive as long […]
Favorable Trends Favor Leading Capital Performers
Capital Group Global Balanced Fund With the stock market rally broadening and an attractive outlook for bond yields, the backdrop appears solid for the C$1.8 billion Capital Group Global Balanced Fund. The top-performing fund targets a portfolio allocation of 60% stocks and 40% bonds. It has a solid weighting among technology stocks, but it’s […]
Lifezone Metals and JOGMEC Forge MOU for Kabanga Nickel Project
The project aims to establish a holistic mine-to-metal operation, with Lifezone planning to develop a refinery in Kahama that employs its innovative hydrometallurgical (Hydromet) technology. This proprietary technology is touted for its potential to significantly lower emissions compared to conventional smelting techniques, addressing the growing concern over environmental impacts in mining. The Kabanga project will […]
China’s Rapidly Expanding Copper Leader is Transforming Global Metal Supply Chains
After a three-decade exploration and acquisition blitz, Zijin Mining Group Co. digs up gold, copper and lithium across multiple continents. A state-run company on paper, it has more frequently behaved like a private firm, with relatively few employees and a flexible, risk-tolerant approach to investments that has put it on track to join BHP Group […]