Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://www.fool.co.uk/2024/01/09/why-are-investors-piling-into-glencore-stock/
According to the BMI forecast, copper will reach 10,000 this year. dollars, and in 2025 it will be 15 thousand. hole. per ton. This amount is an exceptional record from March 2023, when copper was 10.73 thousand. dollars per tonne
2400
As 2023 draws to an end, we reflect with pride on the milestones we've achieved this year and the exciting prospects in store for #Centamin in 2024.
We wish you and your loved ones a joyful and safe holiday season and a happy 2024. ๐
The largest bank in Russia is trying to take over Glencore's assets. Oil debt in the background
Sberbank PJSC intends to take over part of the Russian assets of Glencore Plc as compensation for debts. This concerns alleged unpaid liabilities from oil trade, Bloomberg reports. The Swiss giant did not comment on the matter.
Sberbank PJSC turned to a Moscow court with a claim worth $123 million against the Swiss group Glencore Plc. (it is the leader in raw materials trade). It demands - as compensation for allegedly unpaid oil trade liabilities - the takeover of Russian assets to this company.
As the agency indicates, it is about 0.6%. assets belonging to the oil giant Rosneft PJSC and 10.6 percent. En+ Group International PJSC, the parent company of the Russian aluminum producer United Co. Rusal International PJSC.
Bloomberg recalls that the former CEO of Glencore was awarded the Order of Friendship by Vladimir Putin in 2017
5,676 tons of gold from other central and commercial banks is deposited with the Bank of England, it is one of the largest resources in the world. According to Bloomberg, all indications are that they want to sell some of their resources. It is to be offered with an unusually large discount.
Russia will nationalize Renault assets. They become the property of the state
The Russian assets of the Renault concern become the property of the state, informed the Russian Ministry of Industry and Trade. This is the first major nationalization of a western company in the Russian Federation. On March 23, Renault announced the halt of production in the country. The state-owned concern AvtoVAZ will provide service for cars of this brand.
This is a taste of what will happen when the markets start operating on Monday. The Russian bank began offering the dollar at 171 rubles. Before the announcement of the latest sanctions imposed by the West on the Russian central bank, the price of one dollar was 83 rubles, notes Paul Sonne, journalist for The Washington Post. Thus, the Russian currency weakened by over 100%, which can be called a full-blown currency crash.
According to the latest reports of British media, Russia is to attack Ukraine on the night of Tuesday to Wednesday, reported the tabloid 'The Sun'. Sources close to US intelligence say up to 200,000 people could participate in the invasion. Russian soldiers.
Data-analytics-software firm Palantir disclosed more investments in firms going public through special-purpose acquisition companies, and a large stash of gold bars.
https://www.marketwatch.com/articles/palantir-spac-investment-gold-bars-51629150154?mod=mw_latestnews