September 2024 - MiningNewsWire

MondaySep 30, 2024 10:00 am

Why Consider Investing in Gold as It Crosses $2,600 Mark

Earlier this week, gold saw its price surpass the $2,600 mark, a new high for the precious metal. Since the start of the year, gold has performed better than the expectations of many, starting in March when its price rose to $2,160 an ounce. This latest increase in price positions the precious metal as an attractive option for those looking to get fast returns. Given that the metal’s price is already at a new high, some may wonder if it is it too late to jump on the bandwagon. Many experts believe it isn’t, with some advising that investors add…

MondaySep 30, 2024 9:45 am

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Strengthening Position in North American Mineral Exploration Space

North America’s inefficiency to attain necessary critical minerals “puts us in danger,” states a recent article from the National Review Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits In recent years, the importance of domestic mineral and metal production in North America has become increasingly evident. With the growing demand for renewable energy technologies and advanced manufacturing, ensuring a secure and reliable supply of essential minerals and metals has…

MondaySep 30, 2024 9:00 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Focused on Optimizing Natural-Gas Production in Europe, Türkiye

Current challenges, including geopolitical tensions, are driving European nations to boost local production of natural gas. Producing natural gas in Europe and Türkiye involves several challenges. Amid these challenges, Trillion Energy International is stepping up to enhance natural gas production capabilities in the region. Natural-gas production in Europe and Türkiye plays a pivotal role in the region’s energy landscape, impacting economic stability and energy security. As European countries seek to transition away from fossil fuels while balancing energy demands, the natural-gas sector remains crucial. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a Canadian oil-and-gas exploration and production company, is dedicated to…

FridaySep 27, 2024 11:15 am

Nickel Market Dynamics and the Strategic Position of Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF)

Indonesia’s shift away from Chinese nickel operations opens opportunities for Canadian companies to fill supply gaps Fathom Nickel's strategic projects in Saskatchewan position it as a key player in North America's nickel supply With nickel prices under pressure short-term, long-term demand for these critical minerals supports Fathom's promising exploration assets In August 2024, nickel prices briefly surged due to short covering and favorable U.S. economic data, but this gain was swiftly reversed as LME nickel stocks increased. This volatility highlights the complex dynamics in the nickel supply chain, influenced significantly by major players such as China and Indonesia. Despite short-term…

FridaySep 27, 2024 10:30 am

Torr Metals Inc. (TSX.V: TMET): Leading the Charge in Mineral Exploration and Pioneering New Copper-Gold Discoveries

Early-stage mineral exploration presents a unique opportunity for shareholders to invest at a low entry point, with the potential for significant returns as discoveries lead to stock appreciation, strategic partnerships, or even acquisitions by larger mining companies. Torr Metals' strategic focus on exploration aims to unlock valuable resources, driving potential for major discoveries that could deliver significant long-term growth and value for shareholders through increased asset worth and potential acquisition interest. “Our primary focus is on discovering and developing new high-quality copper and gold deposits that have the potential to deliver significant economic returns,” states CEO Mineral exploration plays a…

FridaySep 27, 2024 10:00 am

Gold Hits New Highs Amid Geopolitical Risk Escalation

Gold has played a crucial role in the history of humans, especially in its use as a medium of exchange and a store of value. In addition to its usage in jewelry, the precious metal is also regarded as a safe-haven asset. This makes it a good investment to hold during times of uncertainty. The yellow metal is also a good hedge of inflation. Earlier this week, the price of gold hit a new high, bolstered by a softer greenback. The precious metal’s price will be propped up by the central bank’s monetary easing cycle and the expectation of higher…

ThursdaySep 26, 2024 10:30 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Looking to Seize Opportunities in Growing Battery-Minerals, Gold Sectors

The dual focus on battery minerals and gold presents unique opportunities and challenges for Canada-based mining companies. Renforth Resources is emerging as a noteworthy player in both the gold and battery-mineral spaces. The company is actively advancing efforts through exploration activities. Canada has long been recognized as a mining powerhouse, with its vast natural resources playing a crucial role in the economy. Among these resources, gold and battery minerals are gaining prominence as global demand surges. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral-exploration company engaged in mining’s growing exploration and development space. The rise in electric-vehicle production and renewable-energy…

WednesdaySep 25, 2024 11:15 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Thundercloud Drilling Reveals Up to 24.53 g/t High-Grade Gold Intercepts

The initial phase of the 2024 drilling program, held in July, hit multiple high-grade intercepts over 2,198 meters at the company’s flagship Thundercloud property in Ontario. Assay results confirmed the high-grade mineralization discovered in 2022 and 2023 to the east of the Pelham Zone, and the presence of a strong gold system on the property. Consistent high-grade mineralization was intercepted, between 5 to 8+ g/t and going as high as 24.53 g/t, at less than 100 meters below the surface. The fall drilling campaign is set to commence before the end of September. Dynasty (TSX.V: DYG) (OTC: DGDCF), a Canadian…

WednesdaySep 25, 2024 10:00 am

Analyzing Price Dynamics of Silver

In the last couple of years, silver’s market has been characterized by huge fluctuations in price. This has caught the attention of traders as well as investors, with the metal showing potential for growth and exceptional resilience. Historically, the metal has seen dramatic spikes in its price, with its best price being roughly $50 an ounce. This was recorded in 1980. Even after corrections, silver has maintained a strong position, with its price remaining above $20 an ounce. This volatility presents both opportunities and challenges for those interested in trading this precious metal. In 2020, the price of this precious…

TuesdaySep 24, 2024 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Subsidiary Positioned in Lithium-Sulfur Battery Space

New battery technologies are being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability. Lithium-sulfur batteries could offer advantages over lithium-ion batteries, including increased range and storage capacity. Companies working in this space include Lion Battery Technologies Inc. founded by Platinum Group Metals Ltd. and Anglo American Platinum Limited. The battery of choice these days, relied on to power everything from digital devices to electric vehicles and even energy-storage systems, is the lithium-ion battery. However, lithium-ion technology has its drawbacks; consequently, other battery solutions are being developed, including lithium sulfur. Through its subsidiary Lion Battery, Platinum…

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Month: September 2024