March 2022 - Page 3 of 3 - MiningNewsWire

TuesdayMar 08, 2022 3:14 pm

US Invests in Battery Startups to Develop Better Technologies Than Global Rivals

More countries across the globe are implementing low-carbon policies and technologies that will help meet their electricity needs in the green economy as the fight against climate change continues. The United States has been lagging behind in this race for energy supremacy, which is why it is investing in next-generation battery companies such as Ion Storage Systems. This battery company, which was created in the chemistry lab at the University of Maryland, was recently furnished with a federal grant worth more than half a million dollars. Ion Storage is one of the first companies in the United States to develop…

MondayMar 07, 2022 11:58 am

Gold Soars as Europe Goes to War

The price of gold has increased significantly after Russian forces breached Ukraine last week. This is the metal’s highest price since 2020. This attack is affecting investor risk sentiment across the international markets and has triggered the worst security crisis in the European Union since the Second World War. The decision to attack Ukraine provoked investor flight to safe haven assets, with spot gold prices rising by almost 1% to reach $1,925.08 per ounce, an almost 15-month high. U.S. gold futures on the Comex also gained 1% to hit $1,930 per ounce. Last week, President Vladimir Putin of Russia made…

FridayMar 04, 2022 12:16 pm

U.S. Department of Energy Announces Clean Energy Strategy

The Department of Energy recently announced its strategy to secure a supply chain for clean energy. The department’s goals for nuclear are to facilitate the continued operation of existing nuclear reactors in the United States, advance the development of nuclear fuel cycles, enable advanced nuclear reactor deployment and maintain the country’s leadership in technology for nuclear energy. These strategic plans are said to be the first-ever comprehensive strategy by the U.S. government to build a diverse, resilient and secure domestic energy-sector industrial base. The plans are part of the government’s approach to revitalize America’s economy and manufacturing by securing its…

ThursdayMar 03, 2022 2:10 pm

How Battery Energy Storage Systems Can Be Protected from Fire Risks

Climate change and global warming have made it clear that we need to find cleaner, more renewable sources of energy. More than a century of heavy industry has filled the atmosphere with greenhouse gases and disrupted the planet’s natural heating and cooling cycle. With several countries across the world declaring their intent to replace fossil fuels with renewables such as solar and wind, the need for stationary power storage facilities has risen. Unlike fossil fuels, which can produce energy when needed, solar and wind are limited to weather conditions and time. You can generate a lot of solar energy during…

ThursdayMar 03, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Keeping a Close Eye on the Evolving Geopolitical Situation, and its Impact on Risk-Taking

The price of gold has increased by 6.5% to reach an 18-month high of $1,973.96 Palladium has also increased by 5.1% in value for the third consecutive month Gold is proving to be the main safe-haven asset with the growing tensions StraightUp acknowledges a change in shareholders’ willingness to take more risks but looks to capitalize on opportunities that present themselves, specifically with the increase in the price of gold Back in 2020, organizations worldwide had to deal with the pandemic and the geopolitical risk it presented. At that time, the situation affected investment and, more importantly, investors’ risk-taking appetite,…

WednesdayMar 02, 2022 2:07 pm

Newmont to Pay Out Industry-Topping Dividend Next Month

Newmont Corporation, the biggest gold miner in the world by production volume, has declared the highest quarter 4 dividend in the industry, retaining its top spot as the mining firm with the largest dividend yield. The miner’s board recently announced that it would be paying a dividend of 55c per common share on March 24, 2022, to shareholders who owned stock by the close of business on March 10. Newmont plans to release the results for the fourth quarter and the entire financial year of 2021 on Feb. 24, 2022. The gold miner, which also produces silver, zinc, copper and lead,…

TuesdayMar 01, 2022 2:11 pm

Panel Suggests External Threats to Nuclear Energy Need Urgent Attention

Panelists during the Nuclear Energy and Its Future session discussed how the various obstacles the nuclear industry faced need to be overcome if the energy is to be used to address the threat of climate change. These obstacles included perceived competition with renewable energy sources, political changes, market design, the cost of finance, the perception of nuclear as an outdated technology and misconceptions about radioactive waste. The panel was moderated by EMEA Power, Gas, Coal and Carbon head Nina Chestney. Centrus Energy Corp president and CEO Dan Poneman stated that even with maximum deployment of wind and solar and battery…

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Month: March 2022