Posthaste March 11: Boeing under pressure, Barrick-Newmont joint venture, and U.S. shale’s second wave

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Posthaste March 11: Boeing under pressure, Barrick-Newmont joint venture, and U.S. shale’s second wave
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After bickering for weeks, Barrick Gold Corp. and Newmont Mining Corp. announce a joint venture in Nevada

Boeing shares fall after an Ethiopian Airlines’ 737 Max 8 plane crashed killing 157 passengers, including 18 Canadians. China, Ethiopia and Indonesia have already grounded the planes. . Australia’s Newcrest bets on Canada with a 70 per cent stake in a B.C. mine valued at US$807 million. And the IEA thinks the second wave of the U.S. shale revolution is coming.

“The second wave of the US shale revolution is coming,” said Dr Fatih Birol, the IEA’s executive director. U.S. shale is set to take over the world again — what do you think that means for Canadian producers? With so many mining M&As, is this a good time to invest in gold? Please send your oil and gold price forecasts to [email protected] — Yadullah Hussain @Yad_FPEnergy

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