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#Lithium Market Projected to Grow With Demand for #Eco-friendly Vehicles #EVs $NAM.ca $LIC.ca $LAX.ca #TSLA

Posted by AGORACOM-JC at 4:26 PM on Thursday, January 4th, 2018
  • Global Lithium Ion Battery Market is poised surpass USD 60 billion by 2024
  • batteries are broadly used as a power supply for consumer electronics as well as hybrid and electric vehicles (EVs)
  • Report indicates that the growing adoption of electric vehicles coupled with government initiatives to promote sustainable energy utilization will drive the lithium ion battery market size

News provided by

FinancialBuzz.com

NEW YORK, January 4, 2018

According to Global Market Insights, Inc. the global Lithium Ion Battery Market is poised surpass USD 60 billion by 2024. Li-ion batteries are broadly used as a power supply for consumer electronics as well as hybrid and electric vehicles (EVs). More and more countries advocate for eco-friendly vehicles, increasing lithium ion batteries demand as a result. The report indicates that the growing adoption of electric vehicles coupled with government initiatives to promote sustainable energy utilization will drive the lithium ion battery market size. MGX Minerals Inc. (OTC: MGXMF), Tesla Inc. (NASDAQ: TSLA), Sociedad Química y Minera de Chile S.A. (NYSE: SQM), Albemarle Corporation (NYSE: ALB), FMC Corporation (NYSE: FMC)

A lead metals and minerals research analyst at Technavio, Mahitha Mallishetty, explained, “The range of EVs can be improved, and the fuel consumption of hybrid EVs can be reduced using lithium-ion batteries. The diverse types of rechargeable batteries, distinguished by the materials used for the electrodes and electrolytes, have a short-range due to lower energy density and have a short operational life when compared with that of lithium-ion batteries. Growth in vehicle fleet leads to a proportionately faster change in the acceptance of EVs, thereby providing growth prospects for the global lithium market.”

MGX Minerals Inc. (OTC: MGXMF) also listed on the Canadian Securities Exchange under the Ticker ‘XMG’. Just earlier today the company announced breaking news that, “has increased its ownership in engineering partner PurLucid Treatment Solutions (“PurLucid”) from 34% to 46% by investment of C$1.45M. The Company maintains the right to acquire 100% of PurLucid through successive future investments.

Investment Recap – Since announcing an acquisition and engineering partnership agreement in September 2016, MGX and PurLucid have invented new technology and filed patent application related to brine treatment and selective lithium recovery. PurLucid’s exclusively licensed nanoflotation technology, which purifies wastewater brine, has since been integrated with a newly developed lithium recovery process. Combined, this Cleantech process reduces the capital cost of recovery compared with traditional solar evaporation, as it does not require the investment in very large, multi-phase, lake sized, lined evaporation ponds, greatly reducing the physical footprint and enhancing the quality of extraction and recovery across a complex range of brines previously considered unprocessable due to complexity or geographical location outside of solar evaporation appropriate zones. This includes oil and gas wastewater, natural brine, and other brine sources such as lithium-rich mine and industrial plant wastewater.

Nanoflotation and Nanofiltration Technology – PurLucid and MGX system utilizes a highly charged Replaceable Skin Layer (RSL™) membrane related to the nanofiltration and High Intensity Froth Flotation (HiFF) system, known as nanoflotation, which collectively have demonstrated performance superiority over other processes typically used to remove contaminants. The technology allows ultra-high temperature water treatment (up to 700oC) at 10-30 times the efficiency of existing ultrafiltration systems and offers numerous environmental benefits, including contaminant removal, mineral recovery, reduced energy demand, smaller footprints and lower capital costs. The technology was a 2017 finalist for the Most Disruptive Technology in the World award by Katerva (see press release dated February 21, 2017).

Petrolithium Technology – MGX and Purlucid are implementing the lithium recovery process, commissioning of the first 750 barrel per day system is underway, extending the success achieved with the Petrolithium pilot recovery system deployed in August 2017 (see press release dated August 1, 2017). Although combined system development and deployment are cornerstone to the engineering partnership, MGX holds the global rights to the jointly developed lithium extraction technology while PurLucid retains the rights to the pre-treatment water purification and core technology.

Government Grants – PurLucid was recently awarded a non-repayable contribution totaling up to C$8.2 million in government funding to support the commercialization of a low energy water treatment system for the oil and gas industry (see press release dated November 6, 2017). Purlucid will fabricate and deploy a commercial-scale unit within an operating steam-assisted gravity drainage (SAGD) facility in Alberta. The contracted operation will generate upto C$2.0 million a year based on a per cubic meter environmental processing fee that is approximately 50% lower cost than current disposal costs (deep salt cavern). This project will serve as a template for additional contracts currently under negotiation with other oil and gas producers.

Lithium Extraction System Nearing Deployment – Full commissioning of the commercial-scale NFLi5 lithium recovery system, capable of processing 750 barrels (120 cubic meters) of brine per day, is nearing completion. Deployment of this unit is expected to take place within the next 60 days.”

Tesla Inc. (NASDAQ: TSLA) mission is to accelerate the world’s transition to sustainable energy. with the opening of the Gigafactory and the acquisition of SolarCity, Tesla now offers a full suite of energy products that incorporates solar, storage, and grid services. As the world’s only fully integrated sustainable energy company, Tesla is at the vanguard of the world’s inevitable shift towards a sustainable energy platform. According to a blog published by The Tesla Team, Tesla was selected to provide a 100 MW/129 MWh Powerpack system to be paired with global renewable energy provider Neoen’s Hornsdale Wind Farm near Jamestown, South Australia. Tesla was awarded the entire energy storage system component of the project. Upon completion by December 2017, this system will be the largest lithium-ion battery storage project in the world and will provide enough power for more than 30,000 homes, approximately equal to the amount of homes that lost power during the blackout period.

Sociedad Química y Minera de Chile S.A. (NYSE: SQM) is an integrated producer and distributor of lithium, iodine, specialty plant nutrients, potassium-related fertilizers and industrial chemicals. On December 20, 2017, the company announced that it and its subsidiary SQM Australia Pty, have finalized the purchase of 50% of the assets of the Mount Holland Lithium Project in Australia. This purchase is from MH Gold Pty Ltd, Montague Resources Australia Pty Ltd y Kidman Resources Limited, as the result of compliance of the conditions established in the purchase agreement agreed by the Sellers and informed to the Superintendencia de Valores y Seguros on September 11, 2017. SQM Australia and the Sellers have also signed a joint venture agreement describing the development, construction and mining operations, concentration and refining plants for the production of lithium carbonate and lithium hydroxide. This joint venture agreement will also allow for the exploration and exploitation of Sellers’s lithium rights which are not included in the Agreement.

Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. On November 8, 2017, the company reported third quarter 2017 net sales of $754.9 million, earnings of $118.7 million and adjusted EBITDA of $209.4 million. Lithium and Advanced Materials reported net sales of $343.6 million in the third quarter of 2017, an increase of 42.9% from third quarter 2016 net sales of $240.4 million. The $103.1 million increase in net sales as compared to prior year was primarily due to favorable pricing impacts, increased sales volumes and $1.6 million of favorable currency exchange impacts. Adjusted EBITDA for Lithium and Advanced Materials was $130.2 million, an increase of 42.0% from third quarter 2016 results of $91.7 million. The $38.5 million increase in adjusted EBITDA as compared to the prior year was primarily due to favorable pricing impacts and increased sales volumes, partially offset by Lithium growth spending, a $3.9 million negative impact from hurricane Harvey on Performance Catalyst Solutions (“PCS”) and $0.2 million of unfavorable currency exchange impacts.

FMC Corporation (NYSE: FMC) has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. On November 6, 2017, the comapny reported third quarter revenue of $646 million, which is an increase of 3 percent year-over-year. FMC Lithium reported third quarter segment revenue of $94 million, an increase of 28 percent sequentially and an increase of 35 percent versus the prior-year quarter. Segment earnings increased over 50 percent sequentially and more than doubled year-over-year to $37 million in the quarter. Higher volume from FMC’s new hydroxide operations in China and higher year-over-year prices were the main contributors to growth. The outlook for Lithium segment revenue for the full year of 2017 remains in the range of $340 million to $360 million, an increase of 33 percent at the mid-point compared to 2016, while the outlook for full-year segment earnings has been raised to a range of $124 million to $128 million.

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Source: https://www.prnewswire.com/news-releases/lithium-market-projected-to-grow-with-demand-for-eco-friendly-vehicles-668024643.html

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Posted in All Recent Posts, New Age Metals, Small Cap Lithium Stocks | Comments Off on #Lithium Market Projected to Grow With Demand for #Eco-friendly Vehicles #EVs $NAM.ca $LIC.ca $LAX.ca #TSLA

Goldman $GS has more good news for #copper, #zinc price $LBSR $TMBXF

Posted by AGORACOM-JC at 12:07 PM on Thursday, January 4th, 2018
Frik Els | about 16 hours ago

  • While it’s pulled back a bit since New Year, the price of copper ended 2017 near a four-year high of $3.30 a pound ($7,260 per tonne)
  • Extending the bull run in the red metal for a second year
  • Measured from its multi-year lows struck at the beginning of 2016, copper has gained more than 70% in value
Zinc ingots shown (Image: Glencore)

The rally for zinc has been even more spectacular with the metal, mainly used to galvanize steel, ending 2017 at a decade high of $3,330 a tonne. Zinc has more than doubled in value after a slump that ended around the same time copper hit bottom two years ago.

Reuters quotes investment bank Goldman Sachs as saying zinc demand looks rosy for the first half of the year while the New York-based firm prefers copper over aluminum over the longer term:
“Concern about a sharp slowdown in metals demand as the country adopts a new ‘quality over quantity’ growth model may be overblown”

“Concern about a sharp slowdown in metals demand as the country adopts a new ‘quality over quantity’ growth model may be overblown,” it said, adding that metal producers outside China are set to gain.

“Ongoing supply-side reforms and environmental cuts in China translate into higher commodity prices and less Chinese production, both of which benefit ex-China producers.”

Shipments of copper concentrate to China hit a monthly record of 1.78m tonnes in November and the tally for the year should beat last year’s record 17m tonnes.

Refined copper imports are trending down with recently released data showing cargoes are down some 5% over the first 11 months of 2017 to 4.24m tonnes compared to the same period in 2016. Full year imports in 2016 hit a record 4.94m tonnes.

Zinc is benefitting from historically tight supply with inventories in LME-approved warehouses down 70& since September 2015 to just under 181,000 tonnes. Stocks in warehouses monitored by the Shanghai Futures Exchange at 68,630 tonnes are down 65 percent since March last year according to Reuters:

“Demand growth is decent, but not spectacular from a historical perspective, which tells me this is once again a supply side issue,” said Bernstein analyst Paul Gait.

“Years of under-investment have caught up. We could see a further price acceleration in the short term, but current levels should generate sufficient capital inflows to generate new supply to meet demand.”

Chinese zinc imports jumped to above 573,000 tonnes in the first 11 months of last year, up 43% from the same period of the previous year.

Source: http://www.mining.com/goldman-good-news-copper-zinc-price/

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Posted in All Recent Posts, Liberty Star Uranium and Metals | Comments Off on Goldman $GS has more good news for #copper, #zinc price $LBSR $TMBXF

#Gold Has Best Year Since 2010 With Near 14% Gain In 2017 #Mining $AMK.ca $EXS.ca $MQR.ca $GGX.ca $GR.ca $GZD.ca

Posted by AGORACOM-JC at 2:00 PM on Wednesday, January 3rd, 2018
  • Gold posted second straight annual gain in USD in 2017
  • Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR
  • 2017 is gold’s best year since 29.5% gain in 2010
  • Strong performance despite rate hikes and stock bubble
  • India’s gold imports surged 67% in 2017, Turkish, Chinese demand strong
  • Gold finished 2017 with longest rally since June 2016
  • 2018: Currency War and The Year of the Phoenix?

Gold waved a very positive goodbye to 2017 and was delighted to shout ‘Happy New Year!’ to all investors. In doing so, gold bullion prices advanced for an eighth session yesterday, extending its longest stretch of gains since mid-2011.

This was the perfect start to a new year which followed an annual surge of nearly 14%. 2017 is the second year of gains for gold. In 2016 it posted 14% gains, its best gains since the 29.5% gain in 2010.

Gold bullion’s stellar advance is even more impressive when one considers the extremely mixed year that was 2017. It ranged from Federal Reserve rate hikes to rapidly advancing stock markets. The year’s events were like a tug-of-war on the drivers of the gold price.

Gold: bad or good?

2017 on paper perhaps should not have seen a 14% gain in the gold price.

There was an acceleration in global economic growth as countries began to keep pace with one another. Much to Trump’s delight official figures showed the U.S. economy performed well. Not only did the the unemployment rate touch a record low, but inflation also remained subdued.

Meanwhile the Fed hiked interest rates three times, something many believed would be the kryptonite to gold’s superhuman strength.

Investments that are often seen to as alternatives to gold performed exceedingly well. The U.S. stock market continued its record-breaking rally, while bitcoin and other cryptocurrencies experienced what can only be described as a bubblicious and parabolic rise in the last few weeks of 2017.

And, right at the last minute the Republicans managed to pass a very dodgy looking tax bill, prompting Trump to peacock around even more.

Following Trump’s election there had been high hopes for the price of gold. After all, here was a man who had been elected without political experience and on the back of creating social and economic divisions. However, following Trump’s inauguration there was a post-election sell-off at the start of the year. Many were clearly feeling positive about Trump’s impact on both the domestic and international stage.

As various unexpected scenarios played out, from failure to get much done in the White House to sober-rattling with North Korea, the precious metal began to climb. Towards the end of summer, in early-September the gold price hit a year-high of $1346/oz. It then quickly sold off.

Whilst the yellow metal finished the year with a respectable run of gains, the final figures did not match those of say, the S&P 500 which climbed by over 19% in the same year.

Does this mean that relatively speaking the gold price is something we shouldn’t be delighted with? Not at all. The year of 2017 was one of arguably bearish events for the price of gold yet it still made near 14% gains, better than money in a savings account.

This second year of climbing by gold should serve as a timely reminder that the precious metal is not something that will be poked and prodded thanks to short-term, unsustainable economic and political events. Gold investment is for the long-term and there is little benefit thinking that one event will affect the reasons to hold gold.

All of the ‘positives’ of 2017 such as low inflation, Fed hikes and tax bills being passed arguably came about because of farcical economic readings and political manoeuvring. None of the statistics or decisions made as a result are sustainable, particularly against a background of increasing geopolitical risk. The gold price reflected this, particularly in its reactions to what should have been bearish Fed-rate hikes.

It is safe to say that in 2018 gold will be sent significantly higher thanks to ongoing US dollar weakness, higher debt and deficits,  stronger growth combined with potential wage inflation, coming together in a perfect storm with geopolitical risks.

One of the key reasons for gold’s 14% climb in USD terms is thanks to the weakness in the US Dollar itself. There was a strong correlation between the gold price and the greenback in 2017. It’s also worth mentioning that the level of yield of the inflation-protected 10-year Treasuries at the end of the year was similar to the level at the beginning of the year (about 0.5 percent). People do not want the global reserve currency anymore.

2018: The year of the Phoenix?

Nearly 30 years ago The Economist predicted that 2018 would be the year of a new currency uprising. You have to give the magazine some kudos for this prediction. Given what we saw in 2017 with both the rise in bitcoin, cryptocurrencies generally and, of course, efforts by Russia and China to build financial allegiances away from the US dollar, a new world currency in 2018 is more likely than not.

That’s right, whilst the financial media can talk as much as they like about how great 2017 turned out to be, there were plenty of events behind the mainstream wall that were clearly preparing for a financial world where decisions of the last decade come back to bite us.

Moves by Russia and China to step away from US dollar hegemony continued and rapidly progressed in 2017. This forthcoming year does not suggest any sign of let up. Much of the moves away from the US dollar involve the use of gold as the intermediary currency. Exchanges and trade agreements are in full swing.

We also cannot mention 2017 without bitcoin. This was the year that the lead cryptocurrency truly arrived and established itself in the minds of the establishment.

As we have explained several times, bitcoin is not a substitute for gold. It has attracted a lot of hot money in the last year, but long-term this is not to the detriment of gold.

The upward trajectory of bitcoin places it firmly in bubble territory. This is good for gold, as Walter Otstott, a senior broker at Dallas Commodity Co. explained to Bloomberg. ‘If 2017’s hottest asset comes crashing back to Earth, speculative money may be drawn back into gold…He sees gold peaking at $1,600 an ounce next year, compared with the price on Friday of about $1,297.’

Our own experts also see great things for gold this year, particularly thanks to geopolitical threats by those truly looking to end US-power : North Korea.

GoldCore’s Mark O’Byrne told Bloomberg:

‘Gold could end the year at $1,500 if geopolitics heats up in North Korea or the Middle East.’ This is despite gold’s lack of reaction at the various threats from both Trump and Kim Jong-Un. However, gold loves uncertainty and this is certainty a situation which is dripping in volatile uncertainty.

2018: Will it hold its own against the last two years?

2017 showed us that there is still a show to be played out by governments and central banks. There is still a farce to be seen when it comes to reassuring us about the state of the global economy.

Gold’s price rise and the dollar’s weakness shows that there are question marks over this recovery. Gold may be indicating  the reality that very little has changed since the financial crisis. Any ‘fixes’ have been done with a bit of sellotape and little else. We build over the cracks rather than repair them.

Gold investors were rewarded this year for their patience. This is particularly the case given there is seemingly little difference to where we find ourselves today compared to the last two years. Arguably the world is much more uncertain.

2018 is a year not to take chances and to own physical, allocated an segregated gold. The risks in the system are bigger than ever and investors would be wise to take all measures to protect their wealth.

News and Commentary

Gold hits 3-1/2-month highs before dipping on dollar recovery (Reuters.com)

Asian Stocks Extend Advance After U.S. Tech Surge (Bloomberg.com)

Global Manufacturers Strain to Keep Up With Faster Economy (Bloomberg.com)

Gold hits three-month peak after late December rally (Reuters.com)

Silver will fare better than gold in 2018: Goldman Sachs (Rediff.com)

By itself gold could solve Sudan’s economic problems, mining minister says (DabangaSudan.org)

The criminal underwold is dropping bitcoin for another cryptocurrency (Bloomberg.com)

India gold imports surge 67 percent in 2017 on restocking, retail demand – GFMS (Reuters.com)

Turkey’s gold-backed bonds: Government in quest for hidden treasures (Nikkei.com)

Nomi Prins: The Next Financial Crisis Will Be Worse Than the Last One (ZeroHedge.com)

Gold Prices (LBMA AM)

03 Jan: USD 1,314.60, GBP 968.20 & EUR 1,092.96 per ounce
02 Jan: USD 1,312.80, GBP 968.85 & EUR 1,087.52 per ounce
29 Dec: USD 1,296.50, GBP 960.84 & EUR 1,082.45 per ounce
28 Dec: USD 1,291.60, GBP 960.43 & EUR 1,082.75 per ounce
27 Dec: USD 1,285.40, GBP 958.78 & EUR 1,081.54 per ounce
22 Dec: USD 1,268.05, GBP 947.74 & EUR 1,069.85 per ounce
21 Dec: USD 1,265.85, GBP 945.97 & EUR 1,065.09 per ounce

Silver Prices (LBMA)

03 Jan: USD 17.12, GBP 12.63 & EUR 14.25 per ounce
02 Jan: USD 17.06, GBP 12.59 & EUR 14.15 per ounce
29 Dec: USD 16.87, GBP 12.48 & EUR 14.07 per ounce
28 Dec: USD 16.74, GBP 12.46 & EUR 14.02 per ounce
27 Dec: USD 16.50, GBP 12.30 & EUR 13.87 per ounce
22 Dec: USD 16.18, GBP 12.08 & EUR 13.65 per ounce
21 Dec: USD 16.15, GBP 12.08 & EUR 13.61 per ounce

Source: http://news.goldseek.com/GoldSeek/1514986020.php

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Posted in All Recent Posts, American Creek Resources Ltd., Commodities, Explor Resources Inc., GGX Gold Corp., Great Atlantic Resources, Grizzly Discoveries, Monarques Gold | Comments Off on #Gold Has Best Year Since 2010 With Near 14% Gain In 2017 #Mining $AMK.ca $EXS.ca $MQR.ca $GGX.ca $GR.ca $GZD.ca

ThreeD Capital $IDK.ca Adds Frank Dumas To Advisory Board $SX.ca $SXOOF $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:33 PM on Sunday, December 31st, 2017

Threed capital

  • Announced the addition of Frank Dumas, President and CEO of St-Georges Eco-Mining Corp (SX:CSE) to its Advisory Board
  • Mr. Dumas has over 15 years of experience in the financial industry, including consulting for foreign governments on international administration and strategic governance

Toronto – December 31, 2017 – ThreeD Capital Inc. (the “Company”) (CSE:IDK) a Canadian-based venture capital firm focused on investments in promising, early stage companies with disruptive capabilities, today announced the addition of Frank Dumas, President and CEO of St-Georges Eco-Mining Corp (SX:CSE) to its Advisory Board.

Mr. Dumas has over 15 years of experience in the financial industry, including consulting for foreign governments on international administration and strategic governance. He holds a Bachelor’s degree in International Relations and a Master’s degree in Public Administration. He was the Founder and President of 701 Mining, which exited to Argex Titanium in 2008.

Over the past couple of years at St-Georges Eco-Mining, Mr. Dumas has secured significant mineral rights in Iceland that control, directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. In addition, St-Georges is developing disruptive eco-mining processing solutions and is also developing mining & commodities industry related technology.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated “Frank brings significant experience in multiple areas of interest relevant to ThreeD Capital. His development of disruptive technologies and solutions at St. Georges demonstrates abilities that will add great value to our Advisory Board”.

Mr. Dumas stated “It is a great honour to join ThreeD Capital as an Advisor. The Company’s focus on disruptive technologies in the junior resources, artificial intelligence and blockchain sectors is consistent with my strengths and I look forward to helping the Company develop its investments.”

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors primarily in North America.

ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s network in order to earn increases to the Company’s equity stake.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary

[email protected]
Phone: 416-606-7655

 

 

 

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St-Georges $SX.ca $SXOOF Adds Legendary Financier Sheldon Inwentash to Advisory Board $IDK.ca

Posted by AGORACOM-JC at 9:30 PM on Sunday, December 31st, 2017

Sx large

  • Announced the appointment of Sheldon Inwentash, President and CEO of ThreeD Capital Inc. (IDK:CSE) to its Advisory Board
  • Mr. Inwentash has more than 30 years of investing experience and success, financing hundreds of private and public start-up companies

Montreal, Quebec, December 31, 2017 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce the appointment of Sheldon Inwentash, President and CEO of ThreeD Capital Inc. (IDK:CSE) to its Advisory Board.

Mr. Inwentash has more than 30 years of investing experience and success, financing hundreds of private and public start-up companies. The Financial Post called him a “A World Leader in financing junior resource firms”.  In 1994, he co-founded Visible Genetics, the first commercial pharmacogenomics company and exited in 2001 to Bayer. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments and subsequent exits in companies such as Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion), with the firm’s market capitalization exceeding $1 Billion at its peak.

As the Founder, Chairman and CEO of ThreeD Capital, Mr. Inwentash has set his firm’s focus on companies in the junior resources, artificial intelligence and blockchain sectors, with meaningful investments and partnerships in each. ThreeD Capital recently launched Blockamoto.io, an early stage investor platform that supports companies who use blockchain to enhance the value of new and existing ventures.

Frank Dumas, CEO of St-Georges stated “Sheldon brings unparalleled knowledge, experience and success to St-Georges at a critical juncture of our development. I welcome him to our team and look forward to working closely with him in 2018 and beyond.”

“It is a pleasure to join St-Georges as an Advisor. I look forward to working with Frank and his team on the Company’s interests in Iceland, green technology initiatives and mining & commodities industry related technology.”

ON BEHALF OF THE BOARD OF DIRECTORS

MARK BILLINGS, CHAIRMAN OF THE BOARD

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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Global #Solar Demand Monitor: Q4 2017 $HPQ.ca $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 2:32 PM on Friday, December 29th, 2017
  • Global solar market will hit almost 100 GW in 2017, up 12% on 2017 and another record high
  • Market will continue to grow to annual installations of over 120 GW by 2022
by Benjamin Attia, Manan Parikh, Tom Heggarty

The global solar market will hit almost 100 GW in 2017, up 12% on 2017 and another record high. The market will continue to grow to annual installations of over 120 GW by 2022. Outside of China, competitive auctions are driving installations in many developed and emerging markets. A resurgence of European demand in 2018 will bring 43% annual growth as Latin American demand more than doubles in the same year.

Global PV Demand, 2007-2022E

The Global Solar Demand Monitor is a quarterly report that provides insight into major developments for the global solar landscape, offering an assessment of the trajectory and key trends in the global market and providing scenario-based demand forecasts, insights on project pipelines, financing conditions, and supply-chain dynamics at the regional and country level. The analysis spans across market segments – residential, commercial, industrial and utility-scale – and includes deep-dive analyses on each regional market.

This report is part of GTM Research’s Global Downstream Solar Service, an annual subscription that analyzes the demand drivers, policies and risks that shape global solar markets. It enables companies to be successful in navigating the global market today, and anticipate trends in the future.

Source: https://www.greentechmedia.com/research/report/global-solar-demand-monitor-q4-2017

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$HPQ.ca Senior Management and One Director Increases Their Holding in HPQ Silicon by 2,587,000 Million Shares Through Warrant Exercises $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 10:51 AM on Friday, December 29th, 2017

Hpq large

  • Announced that between October 1 and December 29 2017, $ 441,000 was raised through warrant exercises that included the 6,125,000 warrant expiring on December 29, 2017
  • HPQ Chairman and CEO increase his holding in HPQ by 1,100,000 shares, HPQ President and COO by 687,000 shares, HPQ CFO by 100,000 shares and one director by 700,000 shares

MONTRÉAL, QUÉBEC–(Dec. 29, 2017) – HPQ Silicon Resources Inc. (HPQ) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce that between October 1 and December 29 2017, $ 441,000 was raised through warrant exercises that included the 6,125,000 warrant expiring on December 29, 2017. Specifically HPQ Chairman and CEO increase his holding in HPQ by 1,100,000 shares, HPQ President and COO by 687,000 shares, HPQ CFO by 100,000 shares and one director by 700,000 shares.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated:

“Our decision to invest significant funds into HPQ demonstrates our belief in the potential of the innovative metallurgical production of Solar Silicon using PUREVAP™. The addition of Apollon’s expertise to the knowledge of Pyrogenesis will take our development efforts of the GEN 2 PUREVAP™ and Pilot Plant to the forefront of innovative development in the solar industry.”

Options distribution

The Corporation has granted 3,500,000 stock options to Members of Board, Officers and to a consultant of the Corporation. The stock options are exercisable for a period ending December 29, 2022, at an exercise price of $0.12 per share.

The options have been granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for high performance photovoltaic conversion.

HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAP™ “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit it to produce in one step SoG Si. The start of the pilot plant that will validate the commercial potential of the process is planned for 2018.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 191,979,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

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#Copper soars to 4-year high as funds bet on shortages $LBSR

Posted by AGORACOM-JC at 11:44 AM on Thursday, December 28th, 2017
 
  • Copper prices jumped to a four-year peak on Thursday as funds bet on strong demand in top consumer China and supply disruptions in top producer Chile leaving the market short of the metal used widely in power and construction
  • Benchmark copper on the London Metal Exchange was up 0.3 per cent at $7,264 a tonne at around 1215 GMT from an earlier $7,312.5, its highest since January 2014
  • Up more than 30 per cent so far this year.
Pratima Desai
Reuters
Published 3 hours ago Updated December 28, 2017

Copper prices jumped to a four-year peak on Thursday as funds bet on strong demand in top consumer China and supply disruptions in top producer Chile leaving the market short of the metal used widely in power and construction.

Benchmark copper on the London Metal Exchange was up 0.3 per cent at $7,264 a tonne at around 1215 GMT from an earlier $7,312.5, its highest since January 2014. It is up more than 30 per cent so far this year.

“Funds are on a buying spree, but the timing and strength is surprising,” said Quantitative Commodity Research consultant Peter Fertig. “Fundamentals are good. China is a growing economy, it will need more copper. The risk of strikes in Latin America due to labor negotiations is looming.”

China accounts for about half of global copper demand estimated at around 23.5 million tonnes.

That is why a surge in its imports to 329,168 tonnes in November, up 19 per cent from the same period a year ago, triggered a buying frenzy this week.

Analysts estimate China’s copper demand growth could be as high as 3 per cent in 2018 from around 2 per cent this year.

They will be watching surveys of purchasing managers in China’s manufacturing sector and industrial production growth, which are typically used as lead indicators for copper demand.

“Heading into next year, a case can be made for a relatively higher trading range for copper compared to what we saw in 2017,” INTL FCStone analyst Edward Meir said in a note.

Meir expects the copper market to see a 130,000 tonne deficit next year after a shortfall of 95,000 tonnes this year.

“One variable that should help the market next year is the fact that there will be a series of key labor negotiations that could potentially impact a substantial amount of metal.”

Given copper’s 70 percent gains since hitting a 6-1/2 year low of $4,318 in January 2016, expectations are for unions to be more militant, particularly given the concessions they made when prices were tumbling.

Analysts at Citi say there are over 30 labor contracts, covering around five million tonnes of mine supply, due to expire next year, most of them in Chile and Peru.

“The largest identifiable potential issue concerns the Escondida contract due June, 2018, given the 2 month strike earlier this year,” they said.

“To reflect elevated supply risks over the next 12 months we assume a 6.0-per-cent disruption allowance for 2018 or 1.26 million tonnes versus 5.2-per-cent average since the financial crisis or 970,000 tonnes.”

Also helping copper is the lower U.S. currency, down 10 per cent since the start of this year against a basket of other major currencies, making dollar-priced commodities cheaper for holders of other currencies.

This relationship is used by funds which trade using buy and sell signals generate.

Source: https://www.theglobeandmail.com/globe-investor/investment-ideas/coppers-winning-rally-is-the-longest-in-a-generation/article37441071/

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Monarques #Gold $MQR.ca Announces Positive Results for the Updated Beaufor Mine Technical $MUX.ca $SII.ca

Posted by AGORACOM-JC at 9:29 AM on Thursday, December 28th, 2017

  • Reports results of the updated mineral resource and reserve estimates for its wholly-owned Beaufor mine
  • Confirms profitability of the Beaufor mine

MONTREAL, Dec. 28, 2017 - MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report the results of the updated mineral resource and reserve estimates for its wholly-owned Beaufor mine. The mineral resource and reserve estimates were prepared by InnovExplo inc., in collaboration with Beaufor mine personnel and the Corporation in accordance with NI 43-101. Unless otherwise indicated, all amounts in this press release are presented in Canadian dollars.

The Beaufor mine is located approximately 20 km northeast of Val-d’Or, in the province of Quebec. The mine has been in operation since 1930. The ore from the Beaufor mine is processed at the Camflo mill, which has a 1,600 tonne-per-day milling capacity. The mill is operated by Usine Camflo inc., also wholly-owned by Monarques.

“The outcome of the technical report is positive for Monarques, as it confirms the profitability of the Beaufor mine,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Furthermore, the report does not consider the Camflo mill’s current custom milling activities, which could enhance the mine’s profitability. We are also continuing to assess our options for extending the mine life through targeted drilling programs on the most promising identified zones.”

Key economic parameters

Based on a gold price of $1,638/oz, reflecting a gold price of US $1,280/oz and an exchange rate of 1.28 CAD/1 USD, the study demonstrates that the Beaufor mine could generate an after-tax net present value of $4.41 million at a 5% discount rate with a total production of 30,018 ounces over the mine life. Operating costs would total $41.5 million and the total project cost would be $43.0 million. The average production cost would be $1,433/oz.

Table of economic parameters

Notes:

  • The independent and qualified person for the mineral reserve estimate, as defined by NI 43-101 is Laurent Roy, Eng. (OIQ No. 109779), of InnovExplo Inc. The effective date of the estimate is September 30, 2017.
  • The economic viability of the mineral reserve is proven.
  • Results are presented including dilution. Dilution varies from 10% to 15% for the long-hole stopes based on the position of the dyke, and is 0% for the room-and-pillar stopes as the stope width is less than 2.40m.
  • Results are presented including mining recovery rates. Mining recovery varies from 85% to 90% for long-hole stopes based on the position of the dyke and is 90% for room-and-pillar stopes.
  • The metallurgical gold recovery at the Camflo mill is 98%.
  • The mineral reserve was compiled using cut-off grades of 3.95 g/t Au (long-hole) to 4.66 g/t Au (room-and-pillar). Cut-off grades must be re-evaluated in light of prevailing market conditions (gold price, exchange rate and mining cost).
  • A constant specific gravity value of 2.75 t/m3 was used.
  • A minimum true thickness of 2.40 m was applied.
  • Ounce (troy) = metric tons x grade / 31.1035. Calculations used metric units (metres, tonnes, and g/t).
  • The mineral reserve was estimated using a long-term gold price of CAD 1,638.40 per ounce (metal price of USD 1,280 per ounce and an exchange rate 1.28 CAD/1 USD).
  • Tonnage and ounces estimates were rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in Form 43-101F1.
  • The mineral reserve estimate is compliant with CIM standards and guidelines.
  • InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing, or other relevant issue that could materially affect the mineral reserve estimate.

Resources

Estimated mineral resource table, exclusive of mineral reserve

Notes:

  • The independent and qualified person (“QP”) for the Mineral Resource Estimate as required by NI 43‑101 is Carl Pelletier, P.Geo. (OGQ 384), employee of InnovExplo Inc. The effective date of the estimate is September 30, 2017.
  • Mineral resources which are not mineral reserves do not have demonstrated economic viability.
  • Mineral reserves have been subtracted from mineral resources.
  • Results are presented in-situ and undiluted. The reported mineral resource is considered by the QP to have reasonable prospects for underground economic extraction.
  • The estimate includes 63 mineralized zones in the Beaufor mine.
  • Mineral Resources are estimated at variable cut-off grades ranging from 3.95 g/t Au (long-hole) to 4.66 g/t Au (room-and-pillar). Cut-off grades must be re-evaluated in light of prevailing market conditions (gold price, exchange rate and mining cost).
  • A specific gravity value of 2.75 t/m3 was used.
  • A minimum true vein width of 2.40 m was used.
  • Capping of high-grade values was done at 68.5 g/t Au for zones 8, B, M, M1 and Q, while all other zones were capped at 34.25 g/t Au and drill hole intersections were capped at 16.5 g/t over 2.40 m. Capping was done on raw assays.
  • The estimation method was polygonal on cross section.
  • Polygons for measured resources extend 8 m above and below development and up to 10 m laterally. Polygons for indicated resources do not extend more than 20 m from drill hole intercepts, along dip and along strike. Polygons for inferred resources do not extend more than 40 m from drill hole intercepts, along dip and along strike; they are generated where the drill spacing generally ranges from 20 m to 40 m and/or in areas of isolated drill holes where mineralization is interpreted to be the extension of known mineralized zones.
  • Ounce (troy) = metric tons x grade / 31.1035. Calculations used metric units (metres, tonnes, g/t)
  • Mineral Resources are estimated using a long-term gold price of CAD 1,638.40 per ounce (metal price of USD 1,280 per ounce and an exchange rate of 1.28 CAD/1 USD).
  • Tonnage and ounce estimates were rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in Form 43-101F1.
  • CIM definitions and guidelines were followed in estimating mineral resources.
  • InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing or other relevant issue that could materially affect the mineral resource estimate.

A technical report on the Beaufor mine’s mineral resource and reserve estimates, as presented above, will be filed today, Thursday, December 28, 2017, on SEDAR following the publication of this press release.

Qualified person

The technical content of this press release was reviewed and approved by Mr. Marc-André Lavergne, Eng., a qualified person according to NI 43-101.

The mineral resource estimate of the Beaufor mine was prepared under the supervision of Mr. Carl Pelletier, B.Sc. Geo., an employee of InnovExplo Inc. Mr. Pelletier is an independent qualified person according to NI 43-101 and has reviewed and approved the technical content of this release, which corresponds to the mineral resource estimate of the technical report. The mineral reserve estimate of the Beaufor mine was prepared by Mr. Laurent Roy, Eng., an employee of InnovExplo Inc. Mr. Roy is an independent qualified person according to NI 43-101 and has reviewed and approved the technical content of this release, which corresponds to the mineral reserve estimate of the technical report.

 

ABOUT MONARQUES GOLD CORPORATION

 

Monarques Gold Corp (TSX-V:MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Beaufor mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither 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 press release.

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/December2017/28/c8698.html

Jean-Marc Lacoste, President and Chief Executive Officer, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2017

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Preliminary Third Party Report Leads St-George $SX.ca $SXOOF to Accelerate Plans to File for Patents on Extraction for Lithium in Clays $ICM.ca $DST.ca

Posted by AGORACOM-JC at 10:30 AM on Wednesday, December 27th, 2017

  • Preliminary report provided by the third party contractor hired to execute certain tests in relation to St-Georges’ research initiatives related to the extraction of lithium in clays
  • Extraction techniques evaluated can achieve recoveries between 80% to 99.9% with a purity of 99.9%. St-Georges is focused on total capital and operating costs with a green foot print
  • First stage of the mandate given to Dundee Sustainable Technologies (CSE:DST) was to characterize the material from the Bonnie Claire Lithium Property – provided by Iconic Minerals Ltd (TSX-V: ICM)

Montreal, Quebec / December 27, 2017 – St-Georges Eco-Mining Corp. (CSE: SX)(OTC: SXOOF) (FSE: 85G1) is pleased to release the findings of the preliminary report provided by the third party contractor hired to execute certain tests in relation to St-Georges’ research initiatives related to the extraction of lithium in clays.

The first stage of the mandate given to Dundee Sustainable Technologies (CSE:DST) was to characterize the material from the Bonnie Claire Lithium Property – provided by Iconic Minerals Ltd (TSX-V: ICM) – and to test it using currently knowns extraction techniques, commercially deployed or known in the public domain from academic research. St-Georges will work strategically with all the potential suppliers to optimize for total cost of ownership and develop a green foot print. This will include solvent extraction, membranes and electrolysis to make a lithium product that meets or exceeds industry standards.

The extraction techniques evaluated can achieve recoveries between 80% to 99.9% with a purity of 99.9%. St-Georges is focused on total capital and operating costs with a green foot print. The ecological focus is achieved, in part, by converting by products into saleable forms. St-Georges management is encouraged by the recent developments and is now looking to expand the scope of its analysis in regards to what might be patentable in its extraction methods.

The economic nature of St-Georges proposed technology in relation to the Bonnie Claire project cannot be established prior to the definition of a NI 43-101 Resources Estimate and a Preliminary Economical Assessment of the Bonnie Claire Project. However, the characterization of the material provided by Iconic to St-Georges allows for a certain amount of limited hypothesis. The high percentage of silica and alumina characterized in the material processed from Bonnie Claire makes an already interesting concentration of lithium stand out in the remaining segregated material. The report also hint at are other elements that might be worth recovering like potassium and other agricultural focused by products. The next phase of process optimization will be initiated in January. St George is encouraged by the initial characterization results.

Enrico Di Cesare, St-Georges’ director and vice-president research & development commented: “We are looking forward to working closely with the Iconic exploration team and characterizing and testing the results in parallel of their exploration effort on Bonnie Claire. Our technical team is looking forward to optimizing the process for recovery of lithium and salable by-products with a focus on being ecologically green”.

“(…) Our R&D initiative related to lithium bearing clay is progressing well. Shareholders and stakeholders need to keep in mind however that we still have more challenges in the near future. The next 2-3 months will be critical for the development of the lithium-in-clay (LiC) extraction process. It’s important to note when studying the history of science that a significant amount of disruptive technologies never made it outside of a controlled laboratory environment. The demonstration of commercial scalability is still the make or break milestone that we need to secure and we do not have any guarantee of success at this point in time. If that milestone is achieved, we will then have the privilege of embarking into the exciting endeavor of bringing a mine to production. (…) over the months and years period that this task might entails” – said St-Georges’ CEO Frank Dumas.

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare

ENRICO DI CESARE, DIRECTOR, VICE-PRESIDENT RESEARCH & DEVELOPMENT

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

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