Industry

Intel is putting focus on its Data Centre as A.I. business grows 20% year-over-year to US$3.5 billion in 2019. [more]

Transaction would create a gold producing company, with forecasted production of 700K ounces of gold in 2020 and 1M ounces in 2021. [more]

VersaPay shareholders would receive C$2.70 per share for a total of approximately C$126 million on a fully diluted basis. [more]

Edgewater develops and commercializes technologies and intellectual property with a focus on the high-density wireless communications market. Working with key industry companies like CableLabs and with key customers, such as Kroger, Edgewater is poised to capture part of the high-density Wi-Fi market. [more]

Canadian interest rates have risen quite a bit lately. Also, the spreads are narrowing. However, there is still no change to our Economic Recession forecast for Canada. [more]

Shares of Saudi Arabian Oil Company (“ARAMCO”) started trading on the Riyadh stock exchange this week and rose in price with the market cap hitting US$2 trillion. [more]

The outlook for the energy sector, and particularly for the oil component, was given a boost on Friday as the OPEC+ cartel agreed to cut oil production in Q1/2020. Our Portfolio continues to perform relatively well but is still struggling to gain much traction in positive territory. [more]

Continental is currently developing its 100%-owned Buriticá project in Colombia and expects production to start product in 2020, averaging over 250,000 gold ounces per year with a mine life of 14 years and an AISC of US$600 per ounce. [more]