Revising Fair Value Estimates for Solar Stocks Downward Due to…
Donald Trump assumed the US presidency on Jan. 20. The change in administration brings the potential for policy changes to wind and solar tax credits in the coming months. Why it matters: The US solar industry benefits from federal incentives, most notably a 30% investment tax credit. Under the Inflation Reduction Act, the federal incentives […]
South African Coal and Metal Exporters Set to Invest Billions in Rail Infrastructure
The collapse of freight-rail lines due to poor maintenance and theft of equipment saw coal exports plunge to a 30-year low of 48 million tons in 2023 while iron ore railings slumped to the lowest in a decade. While coal railings improved to 52.1 million tons last year, the first increase since 2017, that was […]
AME Roundup: Amarc Declares AuRORA Discovery the Start of an “Exploration Success Story” in Central BC
The discovery is located at the Northwest Gossan (NWG) target area, at the end of a possible 15-km mineralized trend. The first hole (JP24057) returned high grades of gold in combination with strong copper and silver values: 1.24 g/t gold, 0.38% copper and 2.47 g/t silver from 18 metres. Days after the initial discovery, Amarc […]
What’s the Next Move for the US Fed with Trump in Office?
As the Federal Reserve convenes for its first policy-setting meeting of 2025, investors seeking more certainty about the path of monetary policy this year will likely be disappointed. Markets are pricing in a nearly 100% chance that the officials will keep the key federal-funds rate at the current range of 4.25%-4.50% on Wednesday. The meeting […]
Agnico Secures 94% Ownership of O3, Extends Offer Deadline to February 3
All of the offer’s conditions have been satisfied or waived. The deal, originally announced last month, was conditional on two-thirds of O3 shareholders tendering their shares by 11:59 p.m. ET Thursday. The offer – which represents a 58% premium to O3’s closing price on the day before the bid was disclosed – has now been extended […]
Two Companies Ready to Benefit from the Surge in…
Editor’s Note: This article was updated to include information about Novo Nordisk drugs being included in the second round of drugs subject to mandatory pricing negotiations under the Inflation Reduction Act. Nobody could have predicted the vogue for GLP-1 drugs to promote weight loss. In the US alone, the number of patients starting GLP-1 treatments […]
Will the Bank of Canada Lower Interest Rates in January?
Amid a raft of economic crosscurrents, the Bank of Canada is expected to cut interest rates by a quarter point at its upcoming meeting. However, some economists say a pause may not be far off. Most observers believe an interest-rate cut is likely this time around. The domestic economy has barely grown, overall inflation remains […]
Saudi Arabia Considers Global Mining Partnerships Amid Industry Consolidation
Deals have been on Saudi Arabia’s radar for a while as it pushes through with an ambitious economic transformation plan. The overseas drive has had limited results so far with just one major completed deal and another in the works in Pakistan, but recent dealmaking efforts by major companies may give the Saudis an opportunity […]
Orezone to Kick Off Bomboré Plant Expansion in Q4
By the end of December Orezone had completed more than half of the engineering work for the 2.5-million tonne-per-year hard rock plant, the first phase of an envisioned two-stage project. Concrete installation is three months ahead of schedule; all the major components of the SAG mill are en route to the site; earthworks for the […]
Top Canadian Stock ETFs | Morningstar
Exchange-traded funds can offer an easy, inexpensive way to gain stock market exposure, but there’s a dizzying array to choose from. To help investors find ETFs focused on Canadian stocks, we’ve screened 59 ETFs in Morningstar’s Canadian Equity category for those with either Gold or Silver Medalist Ratings. A Gold rating means we believe a […]