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#CBD #Edibles Market to Exhibit an Astonishing CAGR of 24.30% – SPONSOR: Hollister Biosciences $HOLL.ca $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 6:00 PM on Wednesday, April 8th, 2020

SPONSOR: Hollister Biosciences Inc. (HOLL:CSE) A vertically integrated cannabis company with products in 220 California dispensaries and joint ventures, licensing agreement & partnerships with global brands. The company recently closed $20 MILLION deal with Venom Extracts adding $CDN 16.4 million In revenue and $CDN 2.48 million in EBITDA. FIND OUT MORE

CBD Edibles Market to Exhibit an Astonishing CAGR of 24.30%

  • Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period
  • Rising global healthcare spending is expected to enhance the market growth

By Data Bridge Market Research

The CBD Edibles Market report comprehensively studies market definition, market segmentation, competitive analysis and key developments in the market. It comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020 – 2027. It includes an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. Thus, the transparent, reliable and extensive market information of this CBD Edibles report will definitely develop business and improve return on investment (ROI).

Data Bridge Market Research analyses the market to account to USD 5160 million by 2027 growing at a CAGR of 24.30% in the forecast period. Rising global healthcare spending is expected to enhance the market growth.

An Overview of the Impact of COVID-19 on Particular Market:                   

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

CBD Edibles Market Overview 2020-2027: Some of the factors such as rising production of hemp, increasing awareness about the health advantages of cannabis, rising demand from the healthcare industry, and legalization of cannabis in the various industries is expected to enhance the CBD edibles market in the forecast period of 2020 to 2027. High cost of the CBD products and presence of stringent regulations is expected to hamper the market growth in the mentioned forecast period.

Global CBD Edibles Market Scope and Market Size

CBD edibles market is segmented of the basis of source type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

o Based on source type, the CBD edibles market is bifurcated into hemp and marijuana.

o The application segment of the CBD edibles market is segmented into personal care & cosmetics, pharmaceutical, food & beverage and others.

The Global CBD Edibles Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The data and the information regarding the CBD Edibles industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.

Global CBD Edibles Industry 2020 Market Research Report is spread across 350 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Source: https://sciencein.me/2020/04/08/cbd-edibles-market-to-exhibit-an-astonishing-cagr-of-24-30-industry-size-share-demand-growth-segmentation-and-future-insights-2020-2027/

Green Transportation, From Electric Cars to Walkable Cities SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 12:29 PM on Wednesday, April 8th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

https://grist.files.wordpress.com/2020/04/grist-edu-transpo-1.jpg?w=1024&h=576&crop=1

The transportation sector is one of the biggest reasons why the average temperature on our planet is climbing, a phenomenon you probably know as climate change. In the United States, transportation contributes about a third of the carbon dioxide, or CO2, that the country releases into the atmosphere where it traps heat and causes temperatures to rise. Every year, Americans produce about 1.9 billion metric tons of carbon dioxide from driving cars, flying in planes, and shipping things by road, sea, rail, and air all over the country. That’s the weight of more than 20,000 Washington Monuments.

https://grist.files.wordpress.com/2020/03/transportation-1.jpg

We want to get that 1.9 billion number closer to zero as soon as possible. But we still need ways to get people and products from one part of the country to another. How do we change the way we move ourselves and our things so that we create fewer planet-warming emissions?

Grist has put together some introductory videos and activities to help you understand some of the ways the transportation sector might go green.

Electric Cars

Electric vehicles are an exciting alternative to the traditional, gas-guzzling, combustion-powered cars. Instead of filling up at the gas station, you simply plug your car into an electric socket and charge the car’s battery. In the past decade, electric cars have gotten better, cheaper, and more popular.

So is an electric car right for your family? It all depends on where you live, how you gets around, and what your family can afford.

Activities:

Research: Look up and see if there are electric vehicle charging stations in your area. If you live in an area where there are very few charging stations, it might be difficult to imagine owning an electric car. Think about all the car trips you normally make: school, work, grocery shopping, even weekend trips and vacations. If your electric car could go 100 miles on a charge, could you still easily make most of these trips?

Do: The “greenness” of your electric vehicle depends on how your region generates electricity. You can find out by typing your ZIP code into the “power profiler” sidebar on this Environmental Protection Agency web page. It will tell you how many pounds of carbon dioxide it takes to produce a megawatt-hour of electricity — the energy equivalent of about 28 gallons of gasoline. We can use this number to compare whether an electric car is better than a gas car in your city.

For our comparison, we’re going to use a 2020 Honda Civic as our gas-powered car, and a 2020 Nissan Leaf as our electric car.

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So … which car produces more CO2 in your city?
Discuss: Would an electric car work with your family’s budget and driving habits? Why or why not?

Walkable Cities

Have you ever gotten in the car only to drive a few blocks away? You’re not alone. Americans take a lot of unnecessary car trips. If we could get more people to take the bus, hop on a bike, or simply walk more, we could shave off a big chunk of the U.S.’s transportation-related emissions.

Some neighborhoods are less walkable than others. If you live near a busy road or in a neighborhood far from your favorite hangouts, it can be inconvenient or even dangerous to walk. To get more people out of their cars and walking, we need to think about how our neighborhoods are designed.

Activities:

Research: Look up your address on the Walk Score website. This will give you a ranking based on how easy it is to walk to nearby stores, schools, or parks. If you click “About your score,” you can see which categories your home scores low and high on.

What’s your score? Do you agree with this assessment? Why or why not?

Discuss: Think about all the places you go on a regular basis. Where do you shop for groceries, eat food, or watch movies? What parks do you like to visit? Can you find any alternate places to do these activities that are within walking distance?

Bikes

Bikes are fun, healthy, and climate-friendly forms of transportation. But not everyone owns a bike — or it can be impractical to lug one along for certain types of trips. In some cities, companies offer bikes on the sidewalk that you can just hop on and ride.

Activities:

Research: How does the built environment make people more or less likely to bike? Look up your neighborhood’s Bike Score. This tool grades each neighborhood’s bike-ability based on four factors: safe infrastructure (like bike lanes), hills, the number of gathering places within biking distance, and how many of your neighbors also ride bikes.

Observe: Does your neighborhood have bike lanes? Would you feel safe riding a bike in your neighborhood? How many of your favorite destinations — like parks, restaurants, stores, or museums — are within biking distance? Does your neighborhood have a lot of hills? If it does, would a rentable e-bike make you more likely to ride? The Bike Score website believes that it’s safer to ride on streets that have a lot of bike traffic already. Do you see people riding bikes in your neighborhood?

Discuss: Does your city have a bikeshare or short-term rental program? What are some trips you would take using a bike you own or could rent?

Do: Plan a fun fantasy trip you could take on a bike. Where would you want to go? What would you need to bring? How much time would you need?

Trains

Trains have been around for nearly two centuries, and they’re a promising solution for cutting the country’s transportation emissions. They’re also pretty efficient — meaning they only use a little bit of fuel to carry each rider. Some trains even run on electricity.

But in the United States, our trains are pretty slow and outdated. Can we fix them?

Activities:

Research: Think about the most recent plane trips you have taken. Would it have been possible to take the train instead? How much time would it take? How much would it cost?

Discuss: What might make you want to take a train over a plane? How would you make a train trip a more desirable option compared to an airplane flight?

SOURCE: https://grist.org/climate/lesson-plan-transportation-climate-electric-vehicles/

Gold in $1,700 Flight, Joining Wall Street’s Virus Rally for Different Reason SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 11:52 AM on Wednesday, April 8th, 2020

SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Recently acquired 14km of the potential extension of the new discovery by New Found Gold’s Queensway project to the south. Click Here for More Info

  • The virus is triggering huge physical demand for gold

They’re both rallying on the same thing. One is gaining on a negative spin and the other on a positive narrative. Gold cracked the $1,700 ceiling on Monday as global anxiety over the Covid-19 pandemic, its impact on economies and inflation widened. Wall Street, meanwhile, jumped on signs of some U.S. relief from the coronavirus.

“It’s like two tales of the same virus,” said Tariq Zahir, a proprietary gold trader at Tyche Capital Advisors in New York. “One is perpetuating fear that’s causing an accumulation of the safe haven called gold. The other is giving hope to equity markets that the U.S. may be getting some break from the pandemic, though it’s very very early in the day to say that.”

Gold futures on New York’s COMEX settled up $48.20, or 3%, at $1,693.90 per ounce. It hit $1,709.50 at the session high. The $1,700 level has been a rather important resistance mark for the yellow metal, which broke it only twice earlier this year, the first time in January and then in March. In both cases, gold futures fell back soon after the test.

Monday’s rally marked the fourth-straight day of gains for COMEX gold, which has gained just over $100 an ounce or 6% in that period. 

Spot gold, which tracks live trades in bullion, was up $41.64, or 2.6%, at $1,659.98 by 3:00 PM ET (19:00 GMT). 

“The virus is triggering huge physical demand for gold,” said Phillip Streible at Blueline Futures in Chicago. “Currencies around the world are being devalued right now because everyone is engaging in massive stimulus programs in order for their economies to be safe. So, the supply of gold is being attacked from all angles.”

“And don’t forget the trickle effect of all that money on inflation and gold as the best known instrument to hedge that,” Streible added.

The United States has passed a $2 trillion stimulus package to fight the pandemic and is considering another package, with White House Economic Adviser Larry Kudlow acknowledging on Monday renewed calls for a multi-trillion-dollar “Coronavirus Bond”.

On Wall Street, the Dow was up more than 1,200 points, or 6%, or  as new data from New York, the epicenter of the U.S. coronavirus, suggested the state may be peaking on infections from the pandemic, though the daily death toll remains alarmingly high.

SOURCE: https://finance.yahoo.com/news/gold-1-700-flight-joining-151715366.html

VIDEO – BetterU Education $BTRU.ca Emerges Out Of Trade Halt Stronger Than Ever $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:23 AM on Wednesday, April 8th, 2020

When a company’s trading gets halted for a prolonged period of time, it is more than likely a death knell.  For BTRU, it was a resurrection.  

Under intense scrutiny of its business by regulators already, CEO Brad Loiselle and his team undertook their own serious evaluation of the Company’s powerful but faltering B2C online education platform.  They realized they were in the right space and had superior technology to deliver online education ….. but they were in the wrong target market.  B2C quite frankly, has massive upside but it involves an enormous amount of heavy lifting to target and attract enough individual customers to become viable.  

As such, the Company decided to take its offering and really focus in on B2B instead.  And they didn’t just make the decision, they used the halt to tweak their software and reach out to hundreds of companies about how their superior offering could skill, reskill and upskill their workforces.  Before coming out of halt, they were already having serious conversations with serious organizations.  

And it doesn’t hurt when your existing clients include McDonald’s India, Central Bank of India and Indian Oil Corporation.  

With Easter just a couple of days away, add this resurrection story to your must watch list this weekend.

Mota Ventures $MOTA.ca Acquires Interest in Folium Life Sciences $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 8:25 AM on Wednesday, April 8th, 2020
Mota large
  • Folium is a Health Canada licensed cannabis cultivator with facilities located on Vancouver Island.
  • Folium is nearing completion of the expansion of its existing cultivation facility, a further phase 2 expansion of the facility is expected.

VANCOUVER, BC / April 8, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTCPINK:PEMTF) (the “Company“) is pleased to announce that it has acquired (the “Acquisition“) all of the outstanding share capital of 1244780 B.C. Ltd. (the “Target“). The Acquisition was completed pursuant to a share exchange agreement (the “Purchase Agreement“), dated April 7, 2020, and entered into with an arms-length third-party (the “Vendor“). The sole asset of the Target consists of a 20% equity interest in Folium Life Sciences Inc. (“Folium“), which is in the process of developing a licensed indoor cannabis production facility located on Vancouver Island. In consideration for the Acquisition, the Company has issued 21,000,000 common shares.

Folium is a Health Canada licensed cannabis cultivator with facilities located on Vancouver Island. Folium is nearing completion of the expansion of its existing cultivation facility. Its business plan calls for a further phase 2 expansion of the facility. Folium aims to produce a high quality and consistent cannabis product through its facilities.

“Canada has been a pioneer in legalization and early adoption of cannabis for both recreational and medical purposes. This equity position in a well-capitalized licensed producer provides Mota with a sound financial investment in the sector.” stated Ryan Hoggan, CEO of the Company.

Each of the Vendor, the Target, and Folium are at arms-length from the Company. The Acquisition does not constitute a fundamental change for the Company, nor has it resulted in a change of control of the Company within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. In connection with completion of the Acquisition, the Company has issued 210,000 common shares (the “Administrative Fee Shares“) to a consultant who assisted with the Acquisition.

About Mota Ventures Corp.

Mota Ventures is seeking to become a vertically integrated global CBD brand. Its plan is to cultivate and extract CBD into high-quality value-added products from its Latin American operations and distribute it both domestically and internationally. Its existing operations in Colombia consist of a 2.5-hectare site that has optimal year-round growing conditions and access to all necessary infrastructure. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota Ventures.

ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP.

Joel Shacker
President

For further information, readers are encouraged to contact Joel Shacker, President, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

#COVID19 propels growth of #Edtech, #upGrad, #BYJU”s see strong rise in learner base – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:00 PM on Tuesday, April 7th, 2020

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. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

COVID-19 propels growth of ed-tech, upGrad, BYJU”s see strong rise in learner base

  • Ongoing economic slowdown has made working professionals somewhat skeptical of the job environment in 2020, and they are therefore looking at upgrading their skills and staying ahead in the professional spheres
  • BYJU”S, which is backed by investors like Tiger Global, has witnessed a 150 per cent increase in the number of new students, with over six million new students joining the app in the month of March

New Delhi, Apr 7 (PTI) COVID-19 has spelt disaster for many sectors but one segment witnessing strong growth is ed-tech that has seen individuals – both school students and professionals – taking up online courses to study and enhance their skills amid the ongoing lockdown.

BYJU”S, which is backed by investors like Tiger Global, has witnessed a 150 per cent increase in the number of new students, with over six million new students joining the app in the month of March.

The company has recently introduced free ”Live Classes” on its platform to support students in their learning journeys.

Similarly, upGrad – which offers online programmes for working professionals – has on boarded 4,000 learners in March, and now aims to double this to 8,000 in April.

The ongoing economic slowdown has made working professionals somewhat skeptical of the job environment in 2020, and they are therefore looking at upgrading their skills and staying ahead in the professional spheres.

Swathi Karanth, a learner from Bengaluru who enrolled on upGrad, said his concern when the lockdown was announced was whether he will have a job in the next three months.

“I was told most companies would really tighten their belt over the next six months and only the better performers will survive,” he added.

The government, on March 24, had announced a complete lockdown in the country for 21 days to contain the spread of the coronavirus infection.

While schools are shut, many of them have started conducting online sessions to ensure students do not get impacted.

Similarly, many professionals have been asked to work from home to ensure business continuity. This also presents a growth opportunity for ed-tech platforms that can offer short-term courses to these professionals to help them enhance their skills.

According to Debjani Ghosh, president of Nasscom, coronavirus has thrown up “exceptional challenges” across the world and industries.

“While we continue to fight these challenges as a nation, amidst lockdown and remote working scenarios, it is extremely important that we continue harnessing our skill sets on emerging technologies to become future ready…we would encourage all stakeholders to use this opportunity of working from home to upskill themselves in the skills of the future,” she added.

The industry body has partnered Electronics and IT Ministry to launch an on-demand courseware on artificial intelligence.

Similarly, TCS iON, a strategic unit of India”s largest IT services firm Tata Consultancy Services, has announced a free, 15-day self-paced digital certification programme that has been specially designed for college students/working professionals to enhance their career skills by helping them effectively utilise the time at hand during this period of lockdown. PTI SR SHW SHW

Source: https://www.outlookindia.com/newsscroll/covid19-propels-growth-of-edtech-upgrad-byjus-see-strong-rise-in-learner-base/1794764

Microsoft $MSFT claims its #AI framework spots fake news better than state-of-the-art baselines – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 5:09 PM on Tuesday, April 7th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company is working with US Government agencies on Covid19 and Coronavirus fake news and disinformation Click here for more info.

Microsoft claims its AI framework spots fake news better than state-of-the-art baselines

  • If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics
  • A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote

Kyle Wiggers

In a study published this week on the preprint server Arxiv.org, Microsoft and Arizona State University researchers propose an AI framework — Multiple sources of Weak Social Supervision (MWSS) — that leverages engagement and social media signals to detect fake news. They say that after training and testing the model on a real-world data set, it outperforms a number of state-of-the-art baselines for early fake news detection.

If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics. A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote.

Many fake news classifiers in the academic literature rely on signals that require a long time to aggregate, making them unsuitable for early detection, the paper’s coauthors explain. Moreover, some rely solely on signals that are easily influenced by biased or inauthentic user feedback.

In contrast, the researchers’ system employs supervision from multiple sources involving users and their respective social engagements. Specifically, it taps a small amount of manually annotated data and a large amount of weakly annotated data — i.e., data with a lot of noise — for joint training in a meta-learning AI framework.

A module dubbed label weighting network (LWN) models the weight of the weak labels that regulate the learning process of the fake news classifier, taking what the researchers refer to as an instance — for example, a news piece — and its label as input. It outputs a value representing the importance weight for the pair, which determines the influence of the instance in training the fake news classifier. To allow information sharing among different weak signals, a shared feature extractor works alongside the LWN to learn a common representation and to use functions to map features to different weak label sources.

Above: Graphs comparing the performance of Microsoft’s AI with various baseline models.

The Microsoft researchers tapped the open source FakeNewsNet data set to benchmark their system, which contains news content (including meta attributes like body text) with labels annotated by experts from the fact-checking websites GossipCop and PolitiFact, along with social context information such as tweets about news articles. They enhanced it with a corpus of 13 sources, including mainstream British news outlets, such as the BBC and Sky News, and English-language versions of Russian news outlets like RT and Sputnik, with content mostly related to politics.

To generate weak labels, the researchers measured the sentiment scores for users sharing pieces of news and then determined the variance between those scores, such that articles for which the sentiments widely varied were labeled as fake. They also produced sets of people with known public biases and calculated scores based on how closely a user’s interests matched with those sets, operating on the theory that news shared by biased users was more likely to be fake. Lastly, they measured credibility by clustering users based on their meta-information on social media so that users who formed big clusters (which might indicate a bot network or malicious campaign) were considered less credible.

In tests, the researchers say the best-performing model, which incorporated Facebook’s RoBERTA natural language processing algorithm and trained on a combination of clean and weak data, accurately detected fake news in GossipCop and PolitiFact 80% and 82% of the time, respectively. That’s upwards of 7 percentage points better than the baseline models.

The team plans to explore other techniques in future work, like label correction methods for obtaining high-quality weak labels. They also hope to extend their framework to consider other types of weak supervision signals from social networks, leveraging the timestamps of engagements.

These researchers aren’t the only ones attempting to combat the spread of fake news with AI, of course. In a recent study, MIT’s Computer Science and Artificial Intelligence Laboratory developed an AI system to spot misleading news articles. Jigsaw late last year released Assembler, an AI-powered suite of fake news-spotting tools for media organizations. AdVerif.ai, a software-as-a-service platform that launched in beta last year, parses articles for misinformation, nudity, malware, and other problematic content and cross-references a regularly updated database of thousands of fake and legitimate news items. For its part, Facebook has experimented with deploying AI tools that “identify accounts and false news.”

Source: https://venturebeat.com/2020/04/07/microsoft-ai-fake-news-better-than-state-of-the-art-baselines/

Coronavirus To Fuel Gold-Miner Deals: Barrick Gold CEO SPONSOR: Loncor Resources $LN.ca $ABX.ca $TECK.ca $RSG $NGT.to $GOLD $NEM

Posted by AGORACOM at 1:35 PM on Tuesday, April 7th, 2020

Sponsor: Loncor, a Canadian gold explorer controlling over 2,400,000 high grade ounces outside of a Barrick JV. The Ngayu JV property is 200km southwest of the Kibali gold mine, operated by Barrick, which produced 800,000 ounces of gold in 2018. Barrick manages and funds exploration at the Ngayu project until the completion of a pre-feasibility study on any gold discovery meeting their Tier One investment criteria. Newmont $NGT $NEM owns 7.8%, Resolute $RSG owns 27% Click Here for More Info

This image has an empty alt attribute; its file name is Loncor-Small-Square.png
  • There’s a real opportunity that there might be some acquisition options coming out of this,” Bristow told FOX Business. “We’re certainly keeping very busy looking at those options.”

The COVID-19 pandemic could lead to a flurry of deals in the gold mining industry, according to Barrick Gold CEO Mark Bristow.

The pandemic has caused some miners to put operations on care and maintenance, shrinking gold supplies. At the same time, major central banks and governments have been injecting cash into their economies, devaluing their currencies and spiking interest in gold, a traditional safe haven.

“There’s a real opportunity that there might be some acquisition options coming out of this,” Bristow told FOX Business. “We’re certainly keeping very busy looking at those options.”

All of this comes as gold is seeing a declining reserve base due to miners not investing in their future and production forecasts pointing to a 20 percent to 30 percent decline in new gold supply over the next 10 years.

The gold mining industry has 14 so-called tier-one assets, according to Bristow, and Barrick already has six of them, including three in Nevada, two in Africa and one in the Dominican Republic. The company has a handful of other assets that are on the verge of becoming tier one, which refers to mines that have produced more than 500,000 ounces of gold per year for at least 10 years at the lower half of the cost curve.

Bristow says the opportunity created by the COVID-19 pandemic is similar to what happened following the 2008 global financial crisis when miners found themselves in an environment that was ripe for deals as the price of gold surged from about $700 per ounce to $1,900 before collapsing and leaving a trail of destruction.

“You’ve got to be careful that you don’t blow your brains out like the industry did between 2009 and the run-up to the peak in 2012,” Bristow said.

The VanEck Vectors Gold Miner ETF hit a peak market capitalization of $10.79 billion in September 2011 before falling to below $4 billion in January 2016.

The value of mergers and acquisitions in the gold industry increased by 45 percent to $18.2 billion in 2019, according to a report released in February by the consultancy Metals Focus. That number was 43 percent below the 2010 peak of $32.2 billion, the report said.

Even with the coronavirus, Bristow says the Toronto-based Barrick, the world’s No. 2 gold miner, aims to become the “most valued gold company” and will continue to acquire “best-in-class assets,” according to Bristow, as well as hire the best people.

“That always delivers superior returns,” he said.

The company recently released its 10-year plan, which sets out a path to reach 5 million ounces of annual production with its current resources.

Should Barrick make any new acquisitions or discover more gold, it would build on that foundation of 5 million ounces. The icing on the cake for the company may be the price of the yellow metal itself. “At these gold prices, we’re in very good shape because we’ve allocated and invested and built our business based on a long term gold price of $1,200,” Bristow said.

Gold this year has gained more than 10 percent and is hovering around $1,677 an ounce.

SOURCE: https://finance.yahoo.com/news/coronavirus-fuel-gold-miner-deals-111049052.html

GM and Honda are Co-Producing Two Latest Electric Vehicles Set To Come In 2024 SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 5:34 PM on Monday, April 6th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

  • GM and Honda will mutually produce two new electric vehicles ready for 2024, the latest move by both the automakers to develop their current partnership.

Who Will Create What 

Following the Plan, the automakers will concentrate on their particular fields of expertise. 

Honda will create the exterior and interiors of the latest electric vehicles; GM will provide its new electric vehicle construction and Ultium batteries. 

This latest architecture, which GM revealed last month to showcase its EV plans, is competent of 19 distinctive battery and drive-unit configurations. 

The architecture involves large-format sack battery cells produced as part of a mutual venture among LG Chem and GM.

The vehicles that will have a Honda nameplate will include GM’s OnStar security and safety services. 

GM’s hands-free high-level driver support technology, identified as Super Cruise, will also be accessible in the new vehicles.

The vehicles will be manufactured at GM factories in North America. 

Transactions are assumed to start in the 2024 model year in Honda’s U.S. and Canadian stores.

The firms have a deep history of operating together, plus sharing vehicles in the late 1990s when Isuzu was a member of GM. 

The majority of the collective projects have focused on hydrogen fuel cell tech, batteries and now lately, autonomous vehicles.

Past Ventures

GM and Honda developed a vital partnership in July 2013 to produce hydrogen fuel cell technology, an alliance that has created some 1,200 patents. 

The automakers established a shared venture in 2017 named Fuel Cell System Manufacturing LLC to build hydrogen fuel cell systems. 

The firms declared in 2018 an agreement for Honda to utilise battery cells and models from GM in electric vehicles manufactured for the North American market.

GM obtained Cruise in 2016; Honda later pledged $2.75 billion as a part of an elite deal with GM and its self-driving technology subsidiary Cruise to produce and develop a different type of autonomous vehicle. 

Source: https://itmunch.com/gm-and-honda-are-co-producing-two-latest-electric-vehicles-set-to-come-in-2024/

VIDEO – New Age Metals $NAM.ca 2.9M Ounces Of #Palladium Equivalent Is Why Eric #Sprott Owns 18.5% $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN #PGM

Posted by AGORACOM-JC at 5:09 PM on Monday, April 6th, 2020

Three years ago, Harry Barr couldn’t get anyone to even look at New Age Metals (NAM:TSXV) flagship property, the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 kilometres from Sudbury.  

But with Palladium at $US 2,100/oz and River Valley sitting on 2.9Moz Palladium Equivalent (Measured & Indicated), things have changed significantly, including the fact that  Eric Sprott has become a strategic shareholder with 18.56% ownership.  

WAIT … THERE’S MORE  

NAM’s 2019 Preliminary Economic Assessment highlights include a 14 year mine life, resulting in an annual average payable Palladium Equivalent production of 119,000 ounces.  

WAIT ….. THERE’S ONE MORE THING  

The PEA assumed a Palladium price of $US 1,200, which is now 75% higher at $US 2,100.  

With NAM now using their war chest to further drill River Valley and follow-up on recommendations from the PEA, there is reason to believe this story is only going to get better.  

Grab your favourite beverage and watch this interview with NAM CEO, Harry Barr.