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#Palladium hits record highs, is $1,700 next? New Age Metals $NAM.ca Owns North America’s largest primary platinum group #PGM metals deposit $WG.ca $XTM.ca $WM.ca $PDL.ca

Posted by AGORACOM-JC at 12:21 PM on Monday, September 23rd, 2019

SPONSOR:

  • Company hosts North America’s largest primary PGM deposit
  • Updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred

Read More

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  • After hitting new all-time highs, palladium might be ready for even more gains, with some analysts pointing to the $1,700 level as a reality
  • Spot palladium reached a new record high of $1,664.34 early on Monday. Palladium’s December futures also hit a new record high, touching $1,642.90 an ounce level
  • At the time of writing, December futures were at $1,631.10, up 0.38% on the day

By: Anna Golubova

(Kitco News) – After hitting new all-time highs, palladium might be ready for even more gains, with some analysts pointing to the $1,700 level as a reality.

Spot palladium reached a new record high of $1,664.34 early on Monday. Palladium’s December futures also hit a new record high, touching $1,642.90 an ounce level. At the time of writing, December futures were at $1,631.10, up 0.38% on the day.

Higher gold prices, rising on rising Middle East tensions and a breakdown in the U.S.-China trade talks, have also been helping palladium, analysts said.

“Palladium’s move higher is very much a correlation to gold. Gold moved up quite nicely on Monday. Also, we had a silver rally as well as platinum. Palladium followed suit. The precious metals moved higher most likely on mentions from Fed officials of potentially more interest rate cuts,” head of global strategy at TD Securities Bart Melek said on Monday.

December Comex gold futures were last at $1,530.80, up 1.04% on the day, December silver was at $18.68, up 4.66% on the day, and October platinum was at $959.70, up 1.17% on the day.

On Monday, markets were digesting the U.S. decision to send more troops to the Gulf region following the drone attacks on Saudi Arabia’s oil facilities on September 14. This came almost immediately after the U.S. imposed sanctions on Iran, including the country’s central bank on Friday.

Other significant precious metals drivers have been U.S. President Donald Trump’s statement on Friday that he is not interested in just a partial deal with China and Chinese officials proceeding to cancel their visit to U.S. farmers.

Healthy demand

Palladium has also been supported by healthy demand, limited supply, higher equities and liquidity concerns, according to UBS strategist Joni Teves.

“The combination of healthy demand, constrained supply, and challenging liquidity conditions is likely driving prices higher here. Our understanding is that there were some additional supplies earlier in the year mainly from release in pipeline stocks, which likely drove the easing in forwards in H1. But still-healthy demand implies that those stocks should have been well absorbed,” Teves wrote on Monday.

The new high surged past palladium’s significant resistance barrier of $1,620, which means more upside, including $1,700 is possible, said Commerzbank AG commodity analyst Carsten Fritsch.

“It already exceeded the zone of massive resistance at 1,600/1,620 on Friday, opening up scope for a further rise to $1,700. There has been no evidence of late of any significant investor interest in palladium. Net long positions have climbed only marginally, while ETF holdings have remained at a low level,” Fritsch wrote.

Downside risks

Some downside risks remain for palladium this year, including the unresolved U.S.-China trade war.

“A breakdown of U.S.-China trade talks, deterioration in economic data and a pullback in equities from the highs, therefore, presents downside risks for palladium over the remainder of the year. The rally to all-time-high palladium prices might attract some short positions in the near term, especially considering how low gross shorts are at the moment – only 25% of the record,” Teves explained.

BofA Merrill Lynch also sees a high probability of a cool down in the rally based on subsiding “fear in physical markets.”

“Assets under management at ETFs have now stabilized, suggesting that the immediate need and willingness of market participants to tap these vehicles has been limited. While fundamentals remain solid … all this suggests that the rally especially of palladium may pause here,” BofA Merrill Lynch wrote in a note in September.

Source: https://www.kitco.com/news/2019-09-23/Palladium-hits-record-highs-is-1-700-next.html

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Posted in New Age Metals | Comments Off on #Palladium hits record highs, is $1,700 next? New Age Metals $NAM.ca Owns North America’s largest primary platinum group #PGM metals deposit $WG.ca $XTM.ca $WM.ca $PDL.ca

North Bud Farms $NBUD.ca – Global #Cannabis Infused Drinks Market Anticipated to Accelerate At 438% CAGR at the end of 2029 $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 11:31 AM on Monday, September 23rd, 2019

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

Global Cannabis Infused Drinks Market Anticipated to Accelerate At 438% CAGR at the end of 2029

  • Global sales of cannabis infused drinks will surpass US$ 200 Mn in 2019, propelled by growing efficiencies in the delivery methods of drinkables, along with increasing discretion and social acceptance of the consumption method, in contrast to smoking cannabis.
  • Cannabis infused beer continues to account for leading shares of the market, approximately 80%, which can be attributed to the strong perception of leading beer brewers that intersection between cannabis-infused functional beverages and beer makes a good business sense.

Global sales of cannabis infused drinks will surpass US$ 200 Mn in 2019, propelled by growing efficiencies in the delivery methods of drinkables, along with increasing discretion and social acceptance of the consumption method, in contrast to smoking cannabis. Broader legalization of marijuana has led big alcohol producers to pivot to pot in the recent past. Cannabis infused beer continues to account for leading shares of the market, approximately 80%, which can be attributed to the strong perception of leading beer brewers that intersection between cannabis-infused functional beverages and beer makes a good business sense. The US will remain the leading market for cannabis infused drinks, as leading manufacturers focus on creating safer ways of ingesting cannabis for consumers, while the start-ups continue to scramble for capitalizing on demand through new range of cannabis-infused beverages. Canada is expected to be the high-growth market for cannabis infused drinks, with gains primarily driven by the recent federal legalization of marijuana.

What are the Key Growth Drivers of Cannabis Infused Drinks Market?

  • Manufacturers of cannabis infused drinks are putting more efforts for creating proper emulsification of THC, in a bid to achieve proper suspension within liquids and quicker uptake time – under 30 minutes. This falls in line with the consumer demand for faster feedback on their dosage, which in turn will favor sales of cannabis infused drinks. Leading beverage companies have taken notice of the ravenous appetite of consumers that exists inside the cannabis culture, thereby transitioning into cannabis infused drinks industry.
  • As recreational marijuana legalization continues to become a reality across more U.S. states, individuals have started showing more interest in cannabis-infused drinks. Established beverage companies as well as entrepreneurs are taking a close peek into formulas and methods for infusing CBD or THC or both into beverages.
  • Cannabis infused non-alcoholic beer is an emerging trend which is expected to gain significant traction, as companies focus on appealing the health-conscious pool of consumers. For instance, Grain wave is a THC-infused non-alcoholic beer that hit the dispensary shelves in December 2018.
  • The novelty of being able to drink THC-infused beverages has gained marked preference in the current adult-use recreational marijuana industry, especially for beverages that mimic beer or wine. While this trend gains pace, manufacturers are exploring the in-demand flavors to reinforce their product sales.

Cannabis Infused Drinks Market- Competitive Landscape

The competitive landscape of the cannabis infused drinks market continues to face the turmoil of regulations on the sales and consumption of cannabis. Cannabis infused drinks market in Canada is expected to grow at an impressive pace, in line with the existing favorable federal regulations that back the sales of cannabis in the region. Alcohol industry giants are buying into the ‘potent potable pot’ concept, however key issues prevail, such as the maze of laws that deal with beer and pot. Following the legalization of marijuana in Canada, beverage companies have increased the production of cannabis infused drinks in different flavors to tap growing demand from enthusiasts.

Source: https://webchronicletoday.com/2019/09/23/global-cannabis-infused-drinks-market-anticipated-to-accelerate-at-438-cagr-at-the-end-of-2029/

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Nickel climbs as stainless steel producers prepare for Indonesia ban – #Tartisan hosts an M&I Resource of 7.14 million tonnes of 0.62% #Nickel $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:07 AM on Monday, September 23rd, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Nickel climbs as stainless steel producers prepare for Indonesia ban – Tartisan hosts an M&I Resource of 7.14 million tonnes of 0.62% nickel

  • Top supplier Indonesia’s plan to ban exports of nickel ore has been brought forward by two years to Jan. 1, 2020, and the Philippines, the world’s second-biggest ore producer, could suspend five mining companies at the end of this year.

LONDON — Nickel prices climbed last week as stainless steel producers bought supplies ahead of a Chinese holiday and an Indonesian nickel ore export ban that could create shortages.

Top supplier Indonesia’s plan to ban exports of nickel ore has been brought forward by two years to Jan. 1, 2020, and the Philippines, the world’s second-biggest ore producer, could suspend five mining companies at the end of this year.

“There have been some anecdotes of stainless mills restocking nickel and that has been positive,” said analyst Nicholas Snowdon at Deutsche Bank in London.

Nickel is mostly used as an alloy in the production of stainless steel. It is also the most important metal mined in Sudbury.

“Across most sectors, in the week before the Golden Week holiday, you’ll invariably see a bit of raw material restocking, so we have elements of that in nickel alongside the broader potential restocking as we head into the (Indonesia) ban application.”

China celebrates its National Day Golden Week holiday in early October.

Benchmark nickel on the London Metal Exchange gained 2.6 per cent to $17,725 a tonne (or just over $US 8 a pound) in official open-outcry trading, on track for its biggest one-day gain in three weeks.

  • CHINA RATE CUT: Base metals also gained support from China cutting its one-year benchmark lending rate for the second month in a row on Friday.
  • NICKEL INVENTORIES: Nickel stocks in warehouses monitored by the Shanghai Futures Exchange slid 13.6 per cent, weekly data showed on Friday.
  • NICKEL SPREAD: The premium of LME cash nickel over the three-month contract climbed to $150 a tonne, near the recent decade high of $163, indicating near-term tightness.
  • MARKET DEFICIT: The global nickel market deficit widened to 6,700 tonnes in July from a revised 2,700 tonnes in the previous month, the International Nickel Study Group (INSG) said on Thursday.
  • ALUMINIUM OUTPUT: LME aluminum, untraded in official rings, was bid down 0.6 per cent at $1,790 a tonne after data showed that global primary aluminum output rose to 5.407 million tonnes in August from a revised 5.404 million tonnes in July.
  • COPPER DEMAND: Fitch Solutions cut its average price forecast for copper to $5,900 a tonne this year and $5,700 in 2020, from previous views of $6,300 a tonne and $6,600 a tonne respectively.

“A drop in Chinese demand has loosened the global (copper) market, while sentiment continues to worsen,” Fitch said in a note.

LME copper was bid up 0.3 per cent at $5,804 a tonne but remained on course for a 2.6 per cent drop over the week, which would mark its steepest weekly fall since the week ended Aug. 2.

  • PRICES: LME three-month zinc was bid down 0.2 per cent in official activity at $2,308 a tonne, lead gained 0.9 per cent to trade at $2,114 and tin slipped 0.3 per cent to trade at $16,400.

Source: https://www.fortmcmurraytoday.com/news/local-news/nickel-climbs-as-stainless-steel-producers-prepare-for-indonesia-ban/wcm/ca4cdbe5-1060-4b65-bfd0-992c54d3cfce

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Posted in All Recent Posts, Featured, Tartisan Nickel | Comments Off on Nickel climbs as stainless steel producers prepare for Indonesia ban – #Tartisan hosts an M&I Resource of 7.14 million tonnes of 0.62% #Nickel $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

The #solar industry has grown exponentially thanks to plain old solar panels SPONSOR: $HPQ.ca Silicon $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 9:09 AM on Monday, September 23rd, 2019

SPONSOR: HPQ-Silicon Resources HPQ: TSX-V aiming to become the lowest cost producer of Silicon Metal and a vertically integrated and diversified High Purity, Solar Grade Silicon Metal producer. Click here for more info.

HPQ: TSX-V
  • The industry has been growing exponentially thanks to plain old solar panels.
  • In the U.S., of all new power capacity added to the grid in 2018, about 30% was from solar.

Elon Musk may have promised the world Tesla solar roof tiles in 2016, but turns out the solar industry may not need the upgrade.

The industry has been growing exponentially thanks to plain old solar panels. You can see the evidence both on people’s rooftops and in the desert, where utility-scale solar plants are increasingly popping up. Here in the U.S., of all new power capacity added to the grid in 2018, about 30% was from solar.

But the picture is not all rosy. Solar power is intermittent. The sun isn’t always shining, and the price of storage solutions like lithium ion batteries is still relatively high.

These are real problems that the industry needs to tackle if solar is going to reach its potential. However, if the recent past is any indication, solar power is going to help lead the transition to a carbon-free future, and it might do it faster than we all expected. Watch the video to learn more.

WATCH VIDEO HERE

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STAR $SNA.ca and ANTAZ team to Respond to Indian Government Military procurement requirements

Posted by AGORACOM-JC at 8:20 AM on Monday, September 23rd, 2019
  • Entered into a partnership and industrial agreement with ANTAZ Technologies Pvt. Ltd,
  • ANTAZ, a well-established Indian company with facilities in Hyderabad, Bangalore and Delhi, India,
  • Antaz will adapt, integrate and market STAR products to the Indian Defence Forces (Air Force and Navy) in collaboration with Hindustan Aeronautics Limited

TORONTO, Sept. 23, 2019  — Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”) announces that the Company has entered into a partnership and industrial agreement with ANTAZ Technologies Pvt. Ltd, (“Antaz”). A well-established Indian company with facilities in Hyderabad, Bangalore and Delhi, India, Antaz will adapt, integrate and market STAR products to the Indian Defence Forces (Air Force and Navy) in collaboration with Hindustan Aeronautics Limited (“HAL”) (hal-india.co.in).

STAR is already listed as a registered supplier to HAL for military equipment. Recently, a STAR team met with senior officers from both the Indian Air Force and Navy, as well as with HAL top management. The team successfully demonstrated the benefits and features of STAR-A.D.S.® for both fixed wing and rotary aircraft. Of particular interest was the ability of Star’s technology to provide real-time tracking and positioning of aircraft as well as engine status reports.

To complete the approach, STAR, through the Antaz presence and already established military business, will comply with the MAKE IN INDIA requirements of the Indian Government.

In cooperation with HAL and Antaz, a customised and proprietary solution based on STAR’s patented STAR-ISMS ® technology is under final development in order to satisfy the specific defence requirements of the Indian Military.

The solution will address the needs of the transport fleets of both the Navy and of the Air Force, with a first application targeting small transport aircraft and helicopters.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® and of the STAR-ISAMM™ Systems. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from C-130 aircraft to Sikorsky and Agusta Westland helicopters, as examples.

Stars’ subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR-LSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.

About HAL

Hindustan Aeronautics Limited is an Indian state-owned aerospace and defence company headquartered in Bangalore, India. It is governed under the management of the Indian Ministry of Defence.

The government-owned corporation is primarily involved in aerospace operations and is currently involved in the design, fabrication and assembly of aircraft, jet engines, helicopters and their spare parts. It has several facilities spread across India including Nasik, Korwa, Kanpur, Koraput, Lucknow, Bangalore, Hyderabad and Kasaragod.

About ANTAZ

ANTAZ Technologies Pvt Ltd. is an experienced company in the field of developing, producing and fielding critical electronic and communications equipment to meet the needs of the Indian Defense.  ANTAZ successfully conducted projects in the fields of Special consoles and Man Machine interfaces for the Navy, optronics and radars for the Army and the Navy, and with other local partners for high-end communications and electronics for military applications.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management, are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or contact

Viraf S. Kapadia, CEO (416) 252-2889 Ext. 230

[email protected]

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#Palladium price peaks at new record high, bodes well for New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 5:39 PM on Friday, September 20th, 2019

SPONSOR:

  • The company hosts North America’s largest primary PGM deposit
  • Updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred

Read More

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Palladium price peaks at new record high, rhodium roaring

  • Palladium hit a fresh all-time high on Friday on persistent worries about supply from South Africa and prospects of a pickup in demand in China.
  • Nymex Palladium futures gained 1.5% to $1,636.60 an ounce in New York in morning trading before easing back. Palladium’s gains for the year now top 40% or $477 per ounce.

By: Frik Els

Palladium hit a fresh all-time high on Friday on persistent worries about supply from South Africa and prospects of a pickup in demand in China.

Nymex Palladium futures gained 1.5% to $1,636.60 an ounce in New York in morning trading before easing back. Palladium’s gains for the year now top 40% or $477 per ounce.

The threat of labour unrest in South Africa, which together with Russia are responsible for more than 80% of global platinum group metal output, loomed large again on Friday after the militant union Amcu re-elected its firebrand leader.

Amcu rose to prominence in 2012 when clashes between police and striking workers at the Marikana mine in the African nation’s prolific platinum belt left 34 dead.

Any signs of stimulus from the Chinese auto market could lead to additional upside price potential. BMO Capital Markets

More than three-quarters of palladium ends up in catalytic converters for gasoline engines and the rise in the precious metal comes despite a severe slowdown in vehicle sales around the world.

Top consumer China has seen sales drop for 14 out of the last 15 months, and in August 9.9% fewer cars and truck rolled off lots compared to last year. Annual sales in the world’s no 2 market – the US – are also expected to come in below 2018’s total.

What has lifted palladium is greater average loadings per vehicle as more stringent emissions standards are implemented in China and Europe. BMO Capital Markets in a recent note said “any signs of stimulus from the Chinese auto market could lead to additional upside price potential.”

Robust rhodium

Sister metal rhodium is also on a roll, more than doubling in price so far this year. Rhodium, also used mainly in autocatalysts, exchanged hands at $5,400 an ounce on Friday in New York, the highest in 11 years.

Due to rarity, the small size of the market and concentrated supply, prices are typically volatile.

Rhodium (and sister metal ruthenium) stand out when it comes to price swings – rhodium touched $10,025 an ounce just before the 2008 financial crisis hit, but would drop 90% before the end of that tumultuous year.

Platinum was trading flat on Friday at $945.10 after briefly scaling $1,000 an ounce two weeks ago. Given the historically weak price, some investors are using the opportunity to stock up on the metal.

ETF holdings of platinum have expanded rapidly this year, reaching 3.3m ounces last week, up 38% or 916,000 ounces in 2019.

In contrast, palladium ETF vaults have been emptying as investors lock in some of the gains. Palladium-backed ETF holdings total 655,000 ounces, down 120,000 ounces year to date.

Source: https://www.mining.com/palladium-price-peaks-at-new-record-high-rhodium-roaring/

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VOLUME ALERT: $HPQ.ca Silicon Resources Closes With Highest Volume On TSX Venture Exchange – 3.3M Shares Traded $FSLR $SPWR $CSIQ $PYR.ca $XMG.ca

Posted by AGORACOM-JC at 4:40 PM on Friday, September 20th, 2019

VOLUME ALERT!!!

LAST: $0.09     Volume: 3.3M Shares

Hub On AGORACOM

ABOUT THE COMPANY

  • Developing, in collaboration with industry leader PyroGenesis (TSX-V: PYR) the innovative PUREVAPTM “Quartz Reduction Reactors”, will permit the transformation and purification of quartz (SiO2) into Metallurgical Grade Silicon (Mg-Si) at prices that will propagate its significant renewable energy potential.
  • Also working with industry leader Apollon Solar to develop a metallurgical pathway of producing Solar Grade Silicon Metal (SoG Si) that will take full advantage of the PUREVAPTM QRR one-step production of high purity silicon (Si) and significantly reduce the Capex and Opex associated with the transformation of quartz (SiO2) into SoG-Si.
  • Focused on becoming the lowest cost producer of Silicon (Si), High Purity Silicon (Si) and Solar Grade Silicon Metal (SoG-Si). The pilot plant equipment that will validate the commercial potential of the process is on schedule to start in 2019.

Check Out Our Recent Interview

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Nickel climbs as stainless steel producers prepare for Indonesia ban – SPONSOR: Tartisan #Nickel $TN.ca $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:36 PM on Friday, September 20th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Nickel climbs as stainless steel producers prepare for Indonesia ban

  • Nickel prices climbed on Friday as stainless steel producers bought supplies ahead of a Chinese holiday and an Indonesian nickel ore export ban that could create shortages.
  • Top supplier Indonesia’s plan to ban exports of nickel ore has been brought forward by two years to Jan. 1, 2020, and the Philippines, the world’s second-biggest ore producer, could suspend five mining companies at the end of this year.

By: Eric Onstad

LONDON — Nickel prices climbed on Friday as stainless steel producers bought supplies ahead of a Chinese holiday and an Indonesian nickel ore export ban that could create shortages.

Top supplier Indonesia’s plan to ban exports of nickel ore has been brought forward by two years to Jan. 1, 2020, and the Philippines, the world’s second-biggest ore producer, could suspend five mining companies at the end of this year.

“There have been some anecdotes of stainless mills restocking nickel and that has been positive,” said analyst Nicholas Snowdon at Deutsche Bank in London.

Nickel is mostly used as an alloy in the production of stainless steel.

“Across most sectors, in the week before the Golden Week holiday, you’ll invariably see a bit of raw material restocking, so we have elements of that in nickel alongside the broader potential restocking as we head into the (Indonesia) ban application.”

China celebrates its National Day Golden Week holiday in early October.

Benchmark nickel on the London Metal Exchange gained 2.6% to $17,725 a tonne in official open-outcry trading, on track for its biggest one-day gain in three weeks.

* CHINA RATE CUT: Base metals also gained support from China cutting its one-year benchmark lending rate for the second month in a row on Friday.

* NICKEL INVENTORIES: Nickel stocks in warehouses monitored by the Shanghai Futures Exchange slid 13.6%, weekly data showed on Friday.

* NICKEL SPREAD: The premium of LME cash nickel over the three-month contract climbed to $150 a tonne, near the recent decade high of $163, indicating near-term tightness.

* MARKET DEFICIT: The global nickel market deficit widened to 6,700 tonnes in July from a revised 2,700 tonnes in the previous month, the International Nickel Study Group (INSG) said on Thursday.

* ALUMINIUM OUTPUT: LME aluminum, untraded in official rings, was bid down 0.6% at $1,790 a tonne after data showed that global primary aluminum output rose to 5.407 million tonnes in August from a revised 5.404 million tonnes in July.

* COPPER DEMAND: Fitch Solutions cut its average price forecast for copper to $5,900 a tonne this year and $5,700 in 2020, from previous views of $6,300 a tonne and $6,600 a tonne respectively.

“A drop in Chinese demand has loosened the global (copper) market, while sentiment continues to worsen,” Fitch said in a note.

LME copper was bid up 0.3% at $5,804 a tonne but remained on course for a 2.6% drop over the week, which would mark its steepest weekly fall since the week ended Aug. 2.

* PRICES: LME three-month zinc was bid down 0.2% in official activity at $2,308 a tonne, lead gained 0.9% to trade at $2,114 and tin slipped 0.3% to trade at $16,400.

* For the top stories in metals and other news, click or (Additional reporting by Tom Daly in Beijing; editing by David Goodman and Jason Neely)

Source: https://business.financialpost.com/pmn/business-pmn/nickel-climbs-as-stainless-steel-producers-prepare-for-indonesia-ban

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INTERVIEW: Empower Clinics $CBDT.ca JV Could Generate $US 30,000,000 In Annual Revenue From #CBD Extraction … But It Doesn’t End There $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 8:35 AM on Friday, September 20th, 2019

At 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for.  Add in the fact it is now on a ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes the kind of company small cap investors have been dying to find as they watch pretender companies melt away.

But it doesn’t end there.  

CBD extraction has been a key element of the company’s vertical integration. Producing its’ own CBD products for its own patients just makes sense.  Up until a couple of days ago, it was a sound strategy that needed to be executed.  As of yesterday, execution arrived thanks to a JV with extraction experts Heritage Cannabis that will light up the Company’s 5,000 sq ft facility in Oregon.  Empower brings the infrastructure, Heritage brings the expertise and balance sheet.  The result is a match made in shareholder heaven with initial annual capacity of 6,000 Kg at ~ $US 5,000 per Kg, which adds up to $US 30,000,000 in potential revenue.

We emphasize potential  because nobody has started selling anything yet and the facility isn’t expected to begin producing for another 3-4 months.  However, with a built in patient database and talks already having commenced for white label products, Empower is on its way.  Moreover, “potential” cuts both ways, with capacity capable of increasing 2x – 3x without much trouble given the size of the facility.  

Can Empower successfully execute its extraction plan?  It’s a legitimate question, with a blow away answer..

The Company’s new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never.

Grab your favourite beverage and settle in to watch what may be your next great small cap investment.

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Posted in AGORACOM Via Satellite, Empower Clinics Inc., Featured | Comments Off on INTERVIEW: Empower Clinics $CBDT.ca JV Could Generate $US 30,000,000 In Annual Revenue From #CBD Extraction … But It Doesn’t End There $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

BetterU Education Corp. $BTRU.ca – #Edtech space #AttainU raises an undisclosed sum from former head of #Google #India, others $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 4:19 PM on Thursday, September 19th, 2019
SPONSOR:  Betteru Education Corp. aims to provide access to quality education from around the world. The Company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.
BTRU: TSX-V

Edtech space AttainU raises an undisclosed sum from former head of Google India, others

  • AttainU, an edtech startup, has raised an undisclosed capital in angel funding from a clutch of investors including Shailesh Rao, former head of Google India.
  • Bengaluru-based platform said that the raised funding will be used to further strengthen faculty, development of courses, counselling teams, and build a semi-automated platform to cater to the huge inbound student demand AttainU is receiving.

By suviral shukla

Bengaluru-based platform said that the raised funding will be used to further strengthen faculty, development of courses, counselling teams, and build a semi-automated platform to cater to the huge inbound student demand AttainU is receiving.

Divyam Goel, CEO & Co-founder, AttainU, said, â€œFor us, the goal has always been about solving higher education in a systematic, scalable way. From the beginning, we have had a very strong focus on maintaining our high-quality learning outcomes as we scale. Over the last 10 months, we have been able to figure out many processes, complementing human psychology, to facilitate deep-rooted learning.”

AttainU was founded by Divyam Goel and Vaibhav Bajpai in 2018. It provides live online courses as college alternative to individuals. Currently, it offers full-time, online seven-month-long software engineering courses for users.

The startup also provides career counselling as part of their student assessment process and connects graduates to industry partners for placement upon completion of the course.

The edtech space aims to serve students who have a college education but don’t have a job or a satisfactory job and more importantly, don’t need to have prior coding experience.

The company said its courses are focussed on industry-aligned practical skills and professionally required life skills and follow a deferred fee payment model conditional to employment aka Income Share Agreement (ISA).

“At this point, we are receiving double-digit thousand student applications every month and are very excited about the scale of impact we will be able to deliver through our tech-first approach,” Goel added.

Furthermore, according to AttainU, every year approximately nine million students graduate from colleges, out of which 85 percent don’t make it to well paying, white collar jobs.

Data states that 50 percent of all BE/Btech graduates and 60 percent of all MBA (including PG Diploma) graduates are still considered not employable by tech first organisations, the company added.

Besides, some of the well known and emerging edtech platforms in India include BYJU’s, Unacademy, MyMBACircle, Scholr, Memory Trix, Clap Global, among many more.

Source: https://www.theindianwire.com/startups/edtech-space-attainu-raises-undisclosed-sum-former-head-google-india-others-183503/

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Posted in betterU Education Corp | Comments Off on BetterU Education Corp. $BTRU.ca – #Edtech space #AttainU raises an undisclosed sum from former head of #Google #India, others $ARCL $CPLA $BPI $FC.ca

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