February 3, 2025
Gold Investing

Gold Edges Lower as Dollar Strength Outweighs Haven Demand

(Bloomberg) — Gold edged lower after President Donald Trump imposed tariffs on imports from Canada, Mexico and China, with a surging dollar outweighing haven demand as the world braces for trade wars. Most Read from Bloomberg Bullion traded near $2,790 an ounce, but remained close to a record high reached Friday, while a US currency

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Gold Investing

Gold Stocks Shine in Toronto as Yawning Rate Gap Pummels Loonie

With 2024 being an exceptional year for gold, Daniel Ghali, director of commodities strategy at TD Securities, explains whether 2025 will see similar results as (Bloomberg) — As Canada’s currency weakens, fund managers are leaning into sectors that pay expenses in the local currency while collecting revenue in US dollars. That has made buying stocks

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Fixed Assets

EQUIPMENT SPOTLIGHT | SEPTEMBER 2024

by maryt@americanrecycler.com Global e-waste generation is estimated to reach 74.7 million metric tons by 2030. One of the first and key elements for the separation of recycled materials is size reduction. Most of the materials to be recycled are comingled with other types of commodities that usually prevent the materials from being readily sorted and

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Gold Investing

The price of gold is at a record high. Here’s why

A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know. What is the price of gold today? The spot

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Financial Assets

As CI Financial tops $500-billion in assets, investors’ worries ease

Open this photo in gallery: CI began its flurry of U.S. acquisitions at the end of 2019, when chief executive officer Kurt MacAlpine revealed a new strategy to build a U.S. wealth management company.Tijana Martin/The Globe and Mail After CI Financial Corp. CIX-T for the first time surpassed $500-billion in assets under management in its

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Gold Investing

‘It’s over’: Victoria Gold board quits as Yukon mine goes into receivership, CEO says

The board of Victoria Gold has resigned and its CEO, John McConnell, says the mining company is “done.” If the Eagle mine were to open again, he said Victoria Gold wouldn’t be the one in charge.  The news comes one day after the company was put into receivership following a successful application from the Yukon government to take

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Gold Investing

Barrick CEO Says Gold Giant Eyes Opportunities in Canada

(Bloomberg) — Barrick Gold Corp., the world’s No. 2 bullion producer, is looking for investment opportunities in Canada as prices for the precious metal push higher. Most Read from Bloomberg Chief Executive Officer Mark Bristow said he’s cautious about embarking on major deals but is keeping an eye out for opportunities in the company’s home

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Financial Assets

Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Under the auspices of the India Smart Grid Forum, the think tank founded as an umbrella organization over India’s 28 state utilities to provide thought leadership, share leading practices, and bring international insights to India, I’m delivering bi-weekly webinars framed

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Operating Assets

LS Power Acquiring Renewable Energy Assets in $2.5. Billion Deal

A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas,

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