Resource Jobs Reach All-Time High Amid Battery Metal Downturn as Gold Rises to Take Lithium’s Lead
Resources jobs at record high despite battery metals carnage and gold reclaims lithium’s crown The Western Australian mining sector has showcased robust job growth, even as it grapples with a significant $16 billion decrease in overall mineral and petroleum sales for the fiscal year. The latest data reveals that the state’s commodity earnings for 2023-24 […]
Bank of Canada’s Significant Rate Reduction: Positive Developments for…
The Bank of Canada may be ramping up the pace of interest rate cuts amid concerns about the strength of the economy, but for investors, falling interest rates looks positive for Canadian stocks. The picture is muddier for bonds. While stocks are seen as benefiting from lower rates and the Bank of Canada’s commitment to […]
Brent Crude Oil Prices Drop $4 Following Minimal Israeli Response: What’s Next?
Brent Crude – Oil Prices Open $4 Lower After Limited Israeli Response, Where to Next? Most Read: Markets Weekly Outlook – ‘Magnificent 7’ Earnings, BoJ Meeting and US Jobs Data Oil prices opened $4 lower or 5.84% on renewed ceasefire hopes after Israel launched a limited retaliatory attack on Iran over the weekend. The attack […]
Reasons They Deserve Your Attention
Why They Should Be on Your Radar Wall Street watches a company’s quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings. We know earnings results are vital, but how a company performs compared to […]
Osisko Acquisition Enhances Gold Fields’ Growth Strategy
The deal, announced in August, drew some criticism as Gold Fields paid a 55% premium for the second batch of Osisko shares. Chief executive Mike Fraser assured the market on Monday that Gold Fields remained in a strong financial position following the acquisition, maintaining its investment-grade credit rating. Analysts have pointed that Gold Fields paid a premium […]
Stealth Mode Startup Reactiv Launches Mobile Commerce Platform with $5 Million in Seed Funding
Reactiv, mobile commerce startup, launches out of stealth with $5 million seed round The rise of Shopify, based in Ottawa, Ontario, has boosted Canada’s tech scene in recent years. But what’s it actually like raising money for an early-stage startup in Canada these days? Zack Elias and Ross Correia, two Shopify alums, are a case […]
Siren Shareholders Approve Acquisition of Reefton Resources Pty Limited – Rua Gold
Siren Shareholders Vote to Approve Acquisition of Reefton Resources Pty Limited – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to announce that its previously announced proposed acquisition (the “Transaction”) of Reefton Resources Pty Limited (“Reefton”) was approved at today’s special meeting of the shareholders of Siren Gold Ltd. […]
Why Oil and Gas Investors Shouldn’t Worry About Election Polls
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/4GFHCBJWTRADHCPVASW6HQCQXI.png?w=1024&resize=1024,1024&ssl=1 "Why Oil and Gas Investors Shouldn’t Worry About Election Polls")
Investors in Oil and Gas Stocks Shouldn’t Sweat the Election Polls What could the results of the US presidential election mean for oil and gas equities? We always consider a range of outcomes on key issues depending on who takes the White House, but the main takeaway is: “It doesn’t matter.” Energy equity performance during […]