May 2025 - MiningNewsWire

FridayMay 09, 2025 10:00 am

Gold Rallies as Dollar Loses Strength, China Expands Gold Trading

Last week saw the price of gold hit $3,400 per troy ounce as the dollar saw its value diminish, driven by growing concerns over geopolitical tensions and shifting global trade dynamics. Despite the closure of the London Bullion Market and Shanghai Gold Exchange for May Day celebrations, the rally in gold prices continued worldwide, reflecting increased investor demand for safe haven assets. Adding to the momentum, China announced a significant step in expanding its influence over global gold markets. The country will now allow bullion stored in global vaults to be settled against gold trading contracts on the Shanghai Gold…

ThursdayMay 08, 2025 10:00 am

Gold Ticks Up as Dollar Loses Steam

The start of this week saw prices for gold futures increase as safe haven demand by investors, particularly from China, grows. The price of silver also increased, with a weaker dollar index favoring the precious metals markets. May silver prices rose to $32.37 while June gold prices hit $3324.60. An analyst from Saxo Bank argues that gold’s strong retail demand from consumers in China is keeping the precious metal afloat, despite Western speculators’ increased selling. This, the analyst notes, suggests that concern among Chinese citizens about the health of the country’s economy seems to be increasing. This comes as investors…

ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar…

ThursdayMay 08, 2025 9:00 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Identifies New High-Priority Exploration Zone at Montauban Project

ESGold has identified a large-scale geophysical anomaly in the southwest zone of its Montauban Project in Quebec, showing strong conductivity and magnetic signals typical of VMS (volcanogenic massive sulfide) systems. A new 3D geological model is being developed, integrating historical and modern geophysical data, and an expanded Ambient Noise Tomography (“ANT”) survey will help define the anomaly’s structure and depth. The company continues to advance toward near-term production while evaluating district-scale exploration potential and offers a relatively affordable way for investors to gain gold exposure compared to purchasing bullion at high prices. ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted,…

TuesdayMay 06, 2025 10:00 am

New Hot Bricks System Developed to Revolutionize Energy Storage

As the global shift toward clean energy accelerates, solar and wind power are increasingly replacing fossil fuels in both transportation and electricity generation. Now an Australian startup has developed a solid-state storage system for thermal energy that could play a key role in this transition. MGA Thermal, a revolutionary clean energy firm, claims that this block-based system needs significantly less space than standard battery storage systems. This system, which resembles large bricks, has minimal need for expensive equipment and has been designed to offer 2-3 times more energy density compared to other solid-state storage systems. Central to its operation is…

FridayMay 02, 2025 10:00 am

Gold Registers 22% Gain in the First 100 Days Since Trump Took Office

Over the last 100 days since Trump took office, the price of gold has recorded a 22.2% increase in dollar terms, setting over 20 new all-time records. During this period, the S&P 500 index of the biggest corporations has dropped by over 7%. Different publications report that the first a hundred days of this presidency may be the worst for the American stock market since Nixon’s and Ford’s presidencies. During the first one hundred days of Richard Nixon’s 2nd term, gold saw its price surge by more than 39%. Gerald Ford came in soon after Nixon resigned following the Watergate…

FridayMay 02, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Portfolio with Additional Solar Project in Upstate New York

SolarBank is developing a 4.584 MW DC ground-mount solar project in upstate New York, projected to power 540 homes. The Forest Hill Rd project will operate under New York’s community solar framework and benefit from VDER compensation and NYSERDA incentives. Solar Simplified will handle subscriber management, allowing SolarBank to focus on development and expansion. The company is not presently importing solar panels from the four countries impacted by the April 21, 2025, U.S. Department of Commerce Tariff announcement. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

ThursdayMay 01, 2025 10:00 am

IEA Chief Says the Imminent Copper Deficit is a Threat to Energy Transition

The transition to clean energy continues to gain traction globally with more countries shifting from fossil fuels to renewable sources of energy like wind and solar in an effort to reduce greenhouse gas emissions. This transition is reliant on critical metals like copper, cobalt, nickel, and lithium, which are crucial components of infrastructure like solar panels, wind turbines, electric cars, and other clean energy tech. Recently, an International Energy Agency official expressed concerns that the looming copper deficit may impede this transition. Dr. Fatih Birol, the executive director of this agency, discussed this issue during a press conference of the…

ThursdayMay 01, 2025 9:00 am

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Is ‘One to Watch’

High-Grade Copper Opportunity: 100% ownership of the New Craigmont Project, one of British Columbia’s most promising high-grade copper exploration targets, strategically located adjacent to Canada’s largest copper mine (Highland Valley Copper). Immediate Revenue Generation: Operates British Columbia’s only permitted mill capable of processing third-party gold and silver ore, with current throughput supporting strong, near-term cash flow. Diverse Revenue Streams: Revenue growth fueled by commercial milling operations, gold concentrate sales, and active aggregate production — providing self-funded exploration and reducing reliance on capital raises. Strategic Location & Infrastructure: Centrally located near major transportation routes and mining services, providing cost advantages and operational efficiencies. Proven Leadership…

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Month: May 2025