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INDUSTRY BULLETIN: #Edtech pioneer #Vedantu throws open #21DayLearningChallenge during the lockdown – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:28 AM on Friday, April 3rd, 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.

Edtech pioneer Vedantu throws open #21DayLearning during the lockdown

  • Vedantu is encouraging everyone to keep themselves engaged and motivated while learning a new skill right at their homes
  • While Vedantu is offering free LIVE classes for students belonging to standards 1-12, JEET and NEET from the safety of their home, it is taking learning to a new level by encouraging people to challenge themselves and acquire a new skill

By India Education Diary Bureau Admin

New Delhi: Vedantu, a pioneer in LIVE online tutoring in India has unveiled the #21DayLearningChallenge involving social media influencers from various walks of life including Hrithik Roshan, Shikhar Dhawan, Sania Mirza, Jannat Zubair to convey a message of learning should never stop & that it can be continued from the safety of the home. While India braces itself towards the second week of lockdown, these personalities are trying to learn a new skill and make the most of the self-isolation period. While Hrithik’s Instagram post where he is learning the piano is trending, Sania is attempting to bounce the tennis ball on the frame of her tennis racket and Shikhar Dhawan is mastering the art of juggling three balls. Inspired by Vedantu’s 21 Day Learning Challenge, these influencers are throwing open the challenge for others to learn something new and post their experience on social media. 

With this unique initiative, Vedantu is encouraging everyone to keep themselves engaged and motivated while learning a new skill right at their homes. While Vedantu is offering free LIVE classes for students belonging to standards 1-12, JEET and NEET from the safety of their home, it is taking learning to a new level by encouraging people to challenge themselves and acquire a new skill. Anyone can take up this challenge by learning any soft skill be it painting, play a musical instrument, learning a new sport, cooking or even a new trick. 

Vamsi Krishna, CEO and Co-Founder, Vedantu said, “Vedantu has always envisaged to transform the face of learning in India through LIVE online classes. We are constantly striving to create new consumer experiences and build intangible value. With this #21DayLearningChallenge, we want to make Vedantu synonyms for overall learning and not just academic learning. As the pioneer in LIVE, online learning we are committed to ensure that India’s learning won’t stop. There’s always a silver lining to any situation and here’s an opportunity to make the most of our free time by engaging in something meaningful that inspires others.” 

Shivani Suri, Chief Marketing Officer, Vedantu said, “We are delighted to collaborate with inspiring individuals from all walks of life for our 21-day learning challenge. This initiative is an echo of Vedantu’s conviction that India’s learning won’t stop, and we are extending this to everyday life. In times as such it’s important we stay positive, stay home & keep on learning! So, go ahead and challenge yourself as well as others to learn something fun all from the safety of your home!” 

To participate in the 21-day learning challenge, take a picture or make a video of what you’ve learnt new today. Share it with us on our Instagram handle @vedantulearns with the hashtags #21DayLearningchallenge #LearningWontStop 

Vedantu is offering support to students, parents and schools across to provide Free access to its complete learning platform. Vedantu is providing Free access to all LIVE classes & Premium Courses with Vedantu Master Teachers, Study Material, Tests & Assignments, LIVE Doubts feature during this outbreak, where students & parents can be rest assured as they can continue their learning from the safety of their homes. Vedantu’s vision is to make the best quality education accessible to everyone and is committed to help students have uninterrupted learning. Vedantu’s LIVE classes can be easily accessed at home from your Mobile, Desktop & Tabs.

Source: https://indiaeducationdiary.in/edtech-pioneer-vedantu-throws-open-21daylearningchallenge-during-the-lockdown/

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Gold Dealers Report Big Shortages of Small Bars and Coins SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 11:27 AM on Friday, April 3rd, 2020

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  • Small gold bars and coins are in high demand from consumers
  • The size of different products is a key reason for the crunch

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers.

When people are worried about the future they turn to gold to protect their savings. That’s rarely been more true than today.

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers. Those who do manage to get their hands on metal have to pay up –- well above the per-ounce prices being quoted on financial markets in London and New York.

Some dealers are desperately contacting clients to see if anyone is willing to sell their gold bars and coins, and offering a rare premium over spot prices. Others have given up trying to trade altogether.

“People want to buy, not to sell gold,” said Mark O’Byrne, the founder of GoldCore, a dealer based in Dublin. “We have a buyers’ waiting list and we emailed our clients seeing who wished to sell their gold. At this time there is roughly only one or two sellers for every 99 buyers.”

Size is a key reason for the crunch. While there’s plenty of gold in a big trading hub like London, banks and other institutional investors there typically use large bars of 400 ounces. That’s not practical for a regular person who may not want to cough up more than $600,000 for a single bar. Instead, retail investors prefer kilobars (about 32 ounces), 1-ounce bars and coins, or something even smaller.

Those smaller items are getting hard to find for several reasons. First, of course, demand has exploded. But there’s also been pressure on supply, as global travel shuts down and some refineries and mints have stopped operating or capped production because of local lockdowns.

Premiums in the retail market “have exploded,” said Markus Krall, chief executive of German precious-metals retailer Degussa. The average price of products in shops is somewhere between 10% and 15% over spot prices, which he’s never seen before, Krall said. Demand, too, is at the highest level he’s experienced.

Certain products also command more of a premium than others. Kilobars manufactured by Argor-Heraeus SA, one of the big Swiss refiners whose plant has been closed since last week due to the health crisis, were selling for over 6% above spot, said Ronan Manly, an analyst at Singapore dealer BullionStar.

“We are seeing an unprecedented situation where huge customer demand and the disconnect between physical prices and spot prices is driving buy premiums high,” he said. Spot prices coming from London or New York “are completely detached from the reality on the ground.”

Source: https://www.bloomberg.com/amp/news/articles/2020-04-02/want-a-gold-bar-under-your-mattress-get-in-line-and-pay-up

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Which Countries Across the World Control the Most Gold? Here’s the Top 25 SPONSOR: American Creek Resources $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 9:54 AM on Friday, April 3rd, 2020

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https://www.gannett-cdn.com/media/2020/03/23/USATODAY/usatsports/gettyimages-172446421.jpg?width=1280
The nations of the world had 34,700 tons of gold reserves, as of January 2020.

Countries maintain gold reserves to stabilize currency against hyperinflation, particularly in the event of a major crisis like the one many economies worldwide currently face as a result of the coronavirus pandemic. Relatively few countries, however, have large gold reserves. In fact, over 80% of the world’s national gold reserves is held by the central banks and finance ministries of just 25 countries. 

To determine the countries that control the world’s gold, 24/7 Wall St. reviewed data on gold reserves by country in tonnes – or metric tons – as of January 2020 from the World Gold Council. Data on gold as a share of a country’s total foreign exchange reserves also came from the WGC and is current as of January 2020. 

The value of a country’s gold reserves in U.S. dollars was calculated using exchange rates current as of March 13, 2020. GDP and GDP per capita figures in 2018 are from the World Bank and are in constant 2011 international dollars. Data on population is also from the World Bank and is for 2018 or for the most recent period available.

Many, but not all of the countries on this list, are among the wealthiest nations on Earth, as these countries are able to buy up substantial gold reserves. These are the 25 richest countries in the world. 

While some countries on this list have obtained gold reserves by purchasing from other countries, many of the nations with the biggest gold reserves, such as China, the United States, and Russia, are also the top gold-producing countries. China, the largest producer of gold in the world, alone accounted for 14% of global gold production in 2016. 

25. Venezuela

• Gold reserves as of January 2020: 161.2 tonnes

• Gold reserves in USD as of January 2020: $8.1 billion

• Gold as % of total foreign exchange reserves: 81.0%

• GDP: $271 billion ($9,402 per capita)

• Population: 28.9 million

24. Algeria

• Gold reserves as of January 2020: 173.6 tonnes

• Gold reserves in USD as of January 2020: $8.7 billion

• Gold as % of total foreign exchange reserves: 11.6%

• GDP: $580 billion ($13,737 per capita)

• Population: 42.2 million

23. Philippines

• Gold reserves as of January 2020: 197.9 tonnes

• Gold reserves in USD as of January 2020: $9.9 billion

• Gold as % of total foreign exchange reserves: 11.2%

• GDP: $847 billion ($7,943 per capita)

• Population: 106.7 million

22. Belgium

• Gold reserves as of January 2020: 227.4 tonnes

• Gold reserves in USD as of January 2020: $11.4 billion

• Gold as % of total foreign exchange reserves: 39.5%

• GDP: $498 billion ($43,582 per capita)

• Population: 11.4 million

21. Poland

• Gold reserves as of January 2020: 228.6 tonnes

• Gold reserves in USD as of January 2020: $11.5 billion

• Gold as % of total foreign exchange reserves: 9.3%

• GDP: $1.1 trillion ($28,786 per capita)

• Population: 38 million

20. Austria

• Gold reserves as of January 2020: 280.0 tonnes

• Gold reserves in USD as of January 2020: $14.1 billion

• Gold as % of total foreign exchange reserves: 56.1%

• GDP: $409 billion ($46,260 per capita)

• Population: 8.8 million

19. Spain

• Gold reserves as of January 2020: 281.6 tonnes

• Gold reserves in USD as of January 2020: $14.1 billion

• Gold as % of total foreign exchange reserves: 19.1%

• GDP: $1.6 trillion ($34,831 per capita)

• Population: 46.7 million

18. Lebanon

• Gold reserves as of January 2020: 286.8 tonnes

• Gold reserves in USD as of January 2020: $14.4 billion

• Gold as % of total foreign exchange reserves: 27.3%

• GDP: $79 billion ($11,607 per capita)

• Population: 6.8 million

17. United Kingdom

• Gold reserves as of January 2020: 310.3 tonnes

• Gold reserves in USD as of January 2020: $15.6 billion

• Gold as % of total foreign exchange reserves: 9.3%

• GDP: $2.7 trillion ($40,522 per capita)

• Population: 66.5 million

16. Saudi Arabia

• Gold reserves as of January 2020: 323.1 tonnes

• Gold reserves in USD as of January 2020: $16.2 billion

• Gold as % of total foreign exchange reserves: 3.2%

• GDP: $1.7 trillion ($49,101 per capita)

• Population: 33.7 million

15. Uzbekistan

• Gold reserves as of January 2020: 333.7 tonnes

• Gold reserves in USD as of January 2020: $16.8 billion

• Gold as % of total foreign exchange reserves: 56.7%

• GDP: $250 billion ($7,592 per capita)

• Population: 33 million

14. Portugal

• Gold reserves as of January 2020: 382.5 tonnes

• Gold reserves in USD as of January 2020: $19.2 billion

• Gold as % of total foreign exchange reserves: 76.8%

• GDP: $298 billion ($28,999 per capita)

• Population: 10.3 million

13. Kazakhstan

• Gold reserves as of January 2020: 386.5 tonnes

• Gold reserves in USD as of January 2020: $19.4 billion

• Gold as % of total foreign exchange reserves: 67.1%

• GDP: $452 billion ($24,738 per capita)

• Population: 18.3 million

12. Taiwan, province of China

• Gold reserves as of January 2020: 422.4 tonnes

• Gold reserves in USD as of January 2020: $21.2 billion

• Gold as % of total foreign exchange reserves: 4.3%

• GDP: N/A

• Population: N/A

11. Turkey

• Gold reserves as of January 2020: 428.7 tonnes

• Gold reserves in USD as of January 2020: $21.5 billion

• Gold as % of total foreign exchange reserves: 21.8%

• GDP: $2.1 trillion ($25,358 per capita)

• Population: 82.3 million

10. Netherlands

• Gold reserves as of January 2020: 612.5 tonnes

• Gold reserves in USD as of January 2020: $30.8 billion

• Gold as % of total foreign exchange reserves: 70.2%

• GDP: $858 billion ($49,787 per capita)

• Population: 17.2 million

9. India

• Gold reserves as of January 2020: 635 tonnes

• Gold reserves in USD as of January 2020: $31.9 billion

• Gold as % of total foreign exchange reserves: 7%

• GDP: $9.3 trillion ($6,888 per capita)

• Population: 1.4 billion

8. Japan

• Gold reserves as of January 2020: 765.2 tonnes

• Gold reserves in USD as of January 2020: $38.4 billion

• Gold as % of total foreign exchange reserves: 2.9%

• GDP: $5 trillion ($39,294 per capita)

• Population: 126.5 million

7. Switzerland

• Gold reserves as of January 2020: 1,040.0 tonnes

• Gold reserves in USD as of January 2020: $52.3 billion

• Gold as % of total foreign exchange reserves: 6.2%

• GDP: $505 billion ($59,317 per capita)

• Population: 8.5 million

6. China

• Gold reserves as of January 2020: 1,948.3 tonnes

• Gold reserves in USD as of January 2020: $97.9 billion

• Gold as % of total foreign exchange reserves: 3.1%

• GDP: $22.5 trillion ($16,182 per capita)

• Population: 1.4 billion

5. Russia

• Gold reserves as of January 2020: 2,279.2 tonnes

• Gold reserves in USD as of January 2020: $114.5 billion

• Gold as % of total foreign exchange reserves: 20.6%

• GDP: $3.8 trillion ($24,791 per capita)

• Population: 144.5 million

4. France

• Gold reserves as of January 2020: 2,436.0 tonnes

• Gold reserves in USD as of January 2020: $122.4 billion

• Gold as % of total foreign exchange reserves: 63.6%

• GDP: $2.6 trillion ($39,556 per capita)

• Population: 67 million

3. Italy

• Gold reserves as of January 2020: 2,451.8 tonnes

• Gold reserves in USD as of January 2020: $123.2 billion

• Gold as % of total foreign exchange reserves: 69.3%

• GDP: $2.2 trillion ($35,828 per capita)

• Population: 60.4 million

2. Germany

• Gold reserves as of January 2020: 3,366.5 tonnes

• Gold reserves in USD as of January 2020: $169.1 billion

• Gold as % of total foreign exchange reserves: 74%

• GDP: $3.8 trillion ($45,936 per capita)

• Population: 82.9 million

1. United States

• Gold reserves as of January 2020: 8,133.5 tonnes

• Gold reserves in USD as of January 2020: $408.7 billion

• Gold as % of total foreign exchange reserves: 77.9%

• GDP: $18.2 trillion ($55,719 per capita)

• Population: 327.2 million

SOURCE: https://www.usatoday.com/story/money/2020/04/02/countries-that-control-the-worlds-gold/111459474/

24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.

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Datametrex $DM.ca Builds Dashboard To Monitor Global Covid-19 Pandemic

Posted by AGORACOM-JC at 7:33 AM on Friday, April 3rd, 2020
  • Completed an interactive COVID-19 dashboard to help with the understanding of the danger of this virus, and to monitor the global impact of COVID-19
  • The dashboard was built to incorporate data that has been collected from various countries and organizations including World Health Organization

TORONTO, April 03, 2020 – Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has completed an interactive COVID-19 dashboard to help with the understanding of the danger of this virus, and to monitor the global impact of COVID-19. The dashboard was built to incorporate data that has been collected from various countries and organizations including World Health Organization (“WHO”). It is analyzed and presented in a user-friendly format which allows users to easily examine the spread of COVID-19 globally, by country or to compare various countries.

http://www.datametrex.com/covid-board.html

“As an AI company, we felt it important to provide access to a platform like this so people can see the real time effects of the COVID-19 pandemic. We’ve had a lot of interest from people looking for more data surrounding the Coronavirus and COVID-19 as a result of the work we are doing for the United States Government. It was from this that we decided to build a user friendly dashboard that allows people to see the global impact. We produce more than just reports,” says Marshall Gunter, CEO of the Company.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).

Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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BMO Hikes #Gold Forecast; Prices ‘Natural Beneficiary’ of Low interest Rates SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 8:03 PM on Thursday, April 2nd, 2020

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Sponsor: Affinity Metals Corp. (TSX-V: AFF) is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the drill ready Regal Property near Revelstoke, BC where Affinity Metals is making preparations for a spring drill program to test two large Z-TEM anomalies. Click Here for More Info

BMO Capital Markets upgraded its forecast for gold prices Wednesday while downgrading the outlook for many other commodities.

BMO sees gold averaging $1,660 an ounce in the second quarter and rising to $1,700 in the fourth. The bank’s full-year forecast is now at $1,654, increasing to $1,698 next year.

The bank looks for silver to average $15.50 an ounce in the second quarter, then $18.50 in the next two quarters, with a full-year average of $17.18. The 2021 outlook was put at $18.05.

A previously expected global economic and industrial recovery in 2020 has been “stopped in its tracks” by the COVID-19 pandemic, BMO said. Businesses are shutting down around the world to slow the spread of the virus. As a result, the bank now expects a 0.8% contraction in global industrial production this year, the first slowdown since 2009.  â€œAnd as a result, we have revised down our 2020 outlook across many of the commodities we cover, while pushing gold expectations higher,” BMO said.

Nevertheless, prices for all commodities – with the exception of iron ore – are likely to be higher next year, as supportive government stimulus efforts take hold, BMO said.

“We see gold as a natural beneficiary of even lower global interest rates and its safe-haven status should receive another airing in 2020,” BMO said. “Meanwhile, we see silver as not only hanging on gold’s coattails, but also potentially outperforming should governments move towards fiscal spending on 5G and solar technology.”

Analysts pointed out that after the 2008 global financial crisis, gold and silver prices recovered months ahead of the global industrial economy.

Meanwhile, BMO said the platinum and palladium markets are likely to be volatile with both weaker auto sales and supply. However, since palladium stocks are already low, another price rally is likely when the auto industry restarts, BMO continued.

Platinum is seen averaging $950 an ounce in the second quarter and $1,000 in the fourth, with a full-year forecast of $971. Palladium is seen averaging $2,500 in the second quarter but falling to $2,250 in the fourth for a full-year average of $2,313.

BMO said its biggest downward revision to commodity prices in 2020 was in copper, but the outlook for other base metals was also lowered, including aluminum, zinc and nickel. These are all industrial metals. Copper is seen averaging $2.27 a pound in the second quarter and $2.33 for the full year.

Source: https://www.kitco.com/news/2020-04-01/BMO-hikes-gold-forecast-prices-natural-beneficiary-of-low-interest-rates.html

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Bulls need to overcome 2,350: #Palladium price analysis – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN #PGM

Posted by AGORACOM-JC at 1:57 PM on Thursday, April 2nd, 2020

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Bulls need to overcome 2,350: Palladium price analysis

  • Palladium has staged a major recovery after the popular metal received a strong boost from the Federal Reserve’s unlimited bond-buying program
  • Palladium price analysis highlights that a strong recovery from the 1,500 level has occurred

By: Nathan Batchelor

Palladium has staged a major recovery after the popular metal received a strong boost from the Federal Reserve’s unlimited bond-buying programme.

Palladium price analysis shows that the metal needs to overcome the 2,350 resistance level to keep the recent bullish momentum intact.

Palladium medium-term price trend

Palladium recently staged a strong recovery from just below the 1,500 level, after the FED’s QE programme boosted palladium prices.

Palladium price analysis shows that bearish MACD price divergence on the daily time frame has been completely reversed after the latest decline.

The daily time frame also shows that a bearish head-and-shoulders pattern played out to the downside, and reached its overall downside objective.

Drawing a Fibonacci retracement from the all-time price high to the March low, palladium is currently testing the 61.8 retracement of the mentioned sequence. 

The 2,575 resistance level is the next major resistance area to watch if a breakout above the 2,350 level occurs, while failure to surpass the 2,350 level could result in a pullback towards the 50 per cent Fibonacci level, around the 2,180 level.

Saudi vs Russia oil price war

Palladium short-term price trend

Palladium price analysis over the short term shows that the price is consolidating around the metal’s 200-period moving average, around the 2,300 level.

The one-hour time frame is currently showing that a large amount of bearish MACD price divergence has formed during the latest rally.

Looking more closely at the bearish price divergence, the MACD price divergence extends down towards the 1,700 level.

Failure to gain traction above the 2,300 level could result in a drop towards the 1,700 level, which would reverse the bearish MACD divergence.

Palladium technical summary

Palladium price analysis highlights that a strong recovery from the 1,500 level has occurred. The lower time frames are warning that bearish MACD price divergence extends down towards the 1,700 level.

Source: https://capital.com/palladium-price-analysis-april

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Have the next crop of #battery metals producers been oversold? – SPONSOR Tartisan #Nickel $TN.ca – $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 1:27 PM on Thursday, April 2nd, 2020

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

Tc logo in black

Have the next crop of battery metals producers been oversold?

  • Could a large global recession as a result of the COVID-19 crisis alter the consensus long term outlook for battery raw materials like lithium, cobalt, graphite, nickel and copper?
  • No, says CRU Group senior analyst George Heppel. Irrespective of temporary recessions or market downturns, electrification of the global automotive sector remains “inevitable” in the long run.

By: Reuben Adams

Right now, COVID-19 is freezing the embryonic battery supply chain. But for the next crop of battery metals producers — impacted by the broader share market rout — ‘deals and discussions’ are very much continuing behind the scenes.

The short-term outlook for the lithium-ion supply chain, like everything else, is uncertain. Could a large global recession as a result of the COVID-19 crisis alter the consensus long term outlook for battery raw materials like lithium, cobalt, graphite, nickel and copper?

No, says CRU Group senior analyst George Heppel. Irrespective of temporary recessions or market downturns, electrification of the global automotive sector remains “inevitable” in the long run.

“Investment in e-mobility reduces CO2 emissions, improves air quality and will eventually make a huge amount of financial sense to the average consumer as battery costs decline and manufacturing scale ramps up,” he says.

The future remains bright for high quality battery facing stocks, especially those placed to take advantage of the next upsurge in demand in 2022/2023.

In the short-term, Heppel says the automotive sector – and EVs by extension – are experiencing a reduction in demand due to quarantine.

“Many consumers in key markets can’t leave their house for non-essential reasons right now, let alone buy cars,” he says.

“We have heard reports that 85 per cent of automotive manufacturing capacity in Germany is currently idle as a result of the pandemic.

“However, in theory this should create ‘pent up demand’ which is released when quarantines are relaxed.”

Ongoing economic uncertainty will also hinder attempts to push new battery metals projects into production in the short-term, Benchmark Mineral Intelligence analyst Andrew Miller says.

“As a result, the potential for a supply crunch over the coming years will increase – money needs to go into new expansions today to fuel the growth in EV production in 2022/23 onwards,” he says.

Battery focused nickel sulphide play Blackstone Minerals (ASX:BSX) agrees that supply will tighten due to the reduced funding into new projects going forward “which will reduce the supply of nickel (particularly from laterites) and only increase the gap between supply and demand”.

“Tread carefully, but I believe now is the time to be buying those mining stocks you’ve been watching for months,” Blackstone managing director Scott Williamson told Stockhead.

“I can’t see the junior battery metals miners getting any cheaper than they are today.”

EV ‘engine room’ China is rebounding already

As the “backbone of the EV market to date”, China’s apparent early economic recovery from COVID-19 will help support the battery supply chain, Miller says.

“What was meant to be the year battery demand diversified outside China may now see China play a more important role than ever before,” he says.

“There are also expectations that EVs will be included in the country’s stimulus efforts which could bolster the long-term outlook.”

China moving to insulate domestic #EV market as the country’s supply chain ramps back up following Q1 slowdown. More of these types of policies likely to follow over coming months: https://t.co/XUea3iteT5

— Andrew Miller (@amiller_bmi) March 31, 2020

Advanced explorer AVZ Minerals (ASX:AVZ) is driving the mammoth Manono project in the DRC toward a development decision.

As part of that process, it is aiming to lock in a lithium offtake and strategic investment deal with Chinese firm Yibin Tianyi.

Yibin Tianyi is set to become a key cog in the supply chain of Contemporary Amperex Technology (CATL), the world’s biggest lithium-ion battery maker.

In late March,  Yibin Tianyi signed a new five-year, 75,000-tonne-per-annum (tpa) offtake agreement with WA producer Pilbara Minerals (ASX:PLS).

AVZ managing director Nigel Ferguson told Stockhead the company had seen “increased and faster responses” out of the companies they were talking to in China over the last few weeks.

“They appear to be re-awakening after the significant lock downs there,” he says.

“OEM/car manufacturers are committed to their EV plans, and while the current events are certainly causing disruptions, I have not heard of any OEM changing its long-term EV growth plans.

“For AVZ, with our significant long-life, high-quality resource underpinned by the EV thematic, the future is very bright. Current share price values certainly do not represent that.”

Source: https://stockhead.com.au/resources/have-the-next-crop-of-battery-metals-producers-been-oversold/

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DATAMETREX $DM.ca CHOSEN AS PREFERRED VENDOR PARTNER BY #LOTTE

Posted by AGORACOM-JC at 7:38 AM on Thursday, April 2nd, 2020
  • LOTTE has chosen the Company to be one of its preferred vendor partners
  • Every year LOTTE chooses 10 of its top vendor companies to put on their preferred partners program
  • Vendors on this platform have demonstrated quality, reliability and trustworthiness.

TORONTO, April 02, 2020 — Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to share that LOTTE has chosen the Company to be one of its preferred vendor partners.

Every year LOTTE chooses 10 of its top vendor companies to put on their preferred partners program. Vendors on this platform have demonstrated quality, reliability and trustworthiness. Once on this platform, a company can receive payments in full for contracts within two weeks of a purchase order. For companies that are part of the preferred vendor group, LOTTE has created a growth fund of approximately $200M USD. This fund is used to create joint venture (JV’s) companies with preferred vendors or to co-bid on contracts of significant size as a way to sponsor their preferred vendors.

In addition to creating JV’s, LOTTE also offers its preferred partners loans bearing minimal interest rates to support their growth. The current rate at approximately 3%. Datametrex is pleased to share that it is currently in the process of creating a JV with LOTTE for Government related contracts. As a direct benefit of Datametrex inclusion in this program, the Company is eligible to borrow up to $500,000 CAD per quarter.

“Being chosen to participate in the preferred vendor program with LOTTE is a validation of the quality of work our team is providing to LOTTE. It also assists greatly with cash flow and the fact that we can apply for such a low interest rate loan removes any financing risk for the Company,” says Marshall Gunter, CEO of the Company.

About Datametrex AI Limited

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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VIDEO: #Datametrex $DM.ca #AI Hired By US Government Agencies On #COVID19 / #Coronavirus Fake News and Disinformation

Posted by AGORACOM-JC at 5:13 PM on Wednesday, April 1st, 2020

When US Government Agencies call you in the middle of the greatest health and economic crisis in 100 years, it is safe to assume your Artificial Intelligence capabilities to detect fake news, disinformation campaigns and their impact is amongst the most respected in the world.  

You would expect such a company to be a tech giant or a Silicon Valley project.  But Datametrex AI (DM: TSXV) (Soon To Be Nexaology) is a great Canadian small cap technology company, that has also achieved the following as of late:

  • Q3 Revenues Of $1.6 million,  an increase of 186%
  • 9 Mont Revenues Of $2.56M an increase of 37%
  • Repeat Contracts Of $1M and $600,000 With Korean Giant LOTTE   
  • $954,000 Contract With Canadian Department of Defence To Fight Social Media Election Meddling
  • Participation In NATO Research Task Group On Social Media Threat Detection 
  • Becoming an affiliate member of the Carnegie Mellon University Center for IDeaS

When a small cap Artificial Intelligence company is successfully deploying its technology with military and conglomerates, smart investors have to take a closer look.  

That look can begin with our latest interview of Datametrex CEO, Marshall Gunter, who talks to us about the use of the Company’s Artificial Intelligence by US Government Agencies to detect misinformation campaigns against the United States by foreign entities.  

Watch this interview on one of your favourite screens or hit play and listen to the audio as you drive. 

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#Mhealth Project to Crowdsource Consumer Data for #Coronavirus Research – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 11:49 AM on Wednesday, April 1st, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

mHealth Project to Crowdsource Consumer Data for Coronavirus Research

  • UCSF researchers are deploying an mHealth app to gather information on daily health habits
  • They’re hoping to gain insight on how behaviors might affect the course of the virus or outcomes in those who are infected

By Eric Wicklund

March 31, 2020 – mHealth researchers are using smartphones to crowdsource Coronavirus research.

The University of California at San Francisco has launched COVID-19 Citizen Science (CCS), a project aimed at gathering insights from people around the world on the virus. Participants are being asked to download an mHealth app, complete a survey about their daily health habits, complete a weekly follow-up survey and pass it on to friends.

“We are asking each participant to share the link to recruit at least five others,” Gregory Marcus, MD, MAS, a professor at UCSF’s Department of Medicine and the project’s co-leader, said in a press release. “We want to demonstrate that the number of people signing up for this scientific study and contributing their data can increase exponentially, faster than the disease itself.”

Participants will also be able to provide continuous GPS data and information from mHealth wearables, such as Fitbit activity bands and smartwatches.

(For more coronavirus updates, visit our resource page, updated twice daily by Xtelligent Healthcare Media.)

The program is one of several aimed at using connected health platforms to study the pandemic. Just down the highway in San Diego, the Scripps Research Translational Institute has launched a project aimed at measuring the value of mHealth wearables in detecting emerging viral outbreaks.

Another project launched out of UCSF, meanwhile, is using mHealth wearables to monitor frontline care workers who’ve been exposed to the virus.

Marcos is no stranger to telehealth projects. In 2013 he helped to launch the Health eHeart Study, which used online and mHealth tools to collect and analyze heart health data. That, in turn, led to the launch of a study in 2018 that combined mHealth wearables with AI to determine whether a cardiac monitoring platform could help detect early signs of diabetes.

Marcos says CCS aims to identify behaviors, influences and factors that might affect the course of the virus and outcomes after infection, and he feels the study could be the largest-ever prospective epidemiological study of infectious diseases.

“Social distancing keeps many protected,” he said, “but joining together to contribute data will help us beat this thing.”

Source: https://mhealthintelligence.com/news/mhealth-project-to-crowdsource-consumer-data-for-coronavirus-research

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