May 2025 - MiningNewsWire

FridayMay 30, 2025 10:00 am

Industry Executives Expect American Offshore Oil Production to Increase

Recent figures released by the Bureau of Ocean Energy Management and the U.S. Energy Information Administration estimate considerable increases in offshore oil production over the next few years. These forecasts reflect growing optimism within the industry and point to a strong future for American offshore energy development. The agencies attribute this projected growth to a combination of factors, including technological advancements, sustained capital investments, and streamlined permitting processes. These developments could be further accelerated during a potential second term of Donald Trump, whose administration has previously demonstrated a commitment to expediting approvals for oil and gas projects on federal lands.…

FridayMay 30, 2025 9:45 am

Gravity Separation Tech Arrives at ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Tailings Recovery Site, Advancing Resource Revenue Plans

Vancouver-based gold and silver resource developer ESGold Corp. is building a revenue-generating clean tailings rehabilitation operation at its flagship site in Quebec, while preparing for further gold and silver exploration at the historic mine property The tailings cleanup operation relies on a gravity separation circuit that separates out heavy metals without reliance on polluting cyanide extraction methods ESGold recently received delivery of Humphrey spiral concentrators that will form a key part of the gravity separation circuit when the cleanup operation begins later this year The company expects the tailings recovery to generate about $35 million per year, which it will…

ThursdayMay 29, 2025 10:00 am

Tariffs, Fiscal Turmoil Could Drive Further Gains for Gold

The start of the week saw the price of gold surge by 4.8% to reach $3,358.13 as concerns among investors about the growing U.S. deficit and President Trump’s renewed threats of tariffs continued to fuel market uncertainty. Major credit rating agency Moody’s also downgraded America’s credit, calling attention to the country’s debt levels. This unsustainable debt is further compounded by the approval of Trump’s tax-and-spending package, which could add almost $4 trillion to the deficit. This has many fearing that America is spending far more than it can afford. During this period, treasury yields have surged on supply concerns, with…

WednesdayMay 28, 2025 10:00 am

Gold’s Safe Haven Status Could Further Assert Itself This Week

Gold ended this past week with strong gains as investors increasingly turned to safe-haven assets amid rising concerns about the reliability of the U.S. dollar. The uncertainty deepened after Moody’s downgraded America’s credit outlook, driving gold prices to $3,200 per ounce. As of the latest data, spot gold was trading at $3,361.2 per ounce. Investor interest in gold has also been boosted by a lackluster 20-year bond auction held by the U.S. Treasury, signaling waning confidence in American debt markets. The U.S. dollar mirrors this trend, having ended the week at a three-week low of 99 points. In a note,…

TuesdayMay 27, 2025 10:00 am

Traders are Still Leveraging Trump’s Tariff Threats on Copper

Analysts say that the unusually high volumes of copper shipments into America is expected to continue as long as price premiums for the red metal keep transactions lucrative for suppliers and traders and the possibility of new tariffs persists. Earlier in the year, President Trump launched an inquiry into possible new tariffs on imports of copper needed for construction, power grids, and electric cars. Since then, the prices of this metal on COMEX have surged. On March 26th, the metal’s price hit $11,633 per metric ton, resulting in a premium of over $1570 per ton compared to the benchmark contract…

TuesdayMay 27, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Reports 395% Asset Growth in Current Fiscal Year, Focuses on Long-Term Recurring Revenue Strategy

Total assets rose to $194 million as of March 31, 2025, as compared to the end of the last fiscal year, following a key acquisition. Revenue from the company’s independent power producer segment grew from $0.3 million to $6.6 million. This reflects the company’s focus on long-term income-generating assets, versus short-term engineering, procurement, and construction/project sales. During the third quarter, SolarBank executed several operational milestones that align with this longer-term focus. 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…

FridayMay 23, 2025 12:00 pm

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Featured in Noble Research Report, Earns ‘Outperform’ Rating and C$0.70 and US$0.50 Price Target

Noble Capital Markets Research released a comprehensive analysis of Nicola Mining. Nicola distinguishes itself among junior mining companies by combining exploration potential with operational cash flow, report states. Noble report also noted the company’s “superb corporate governance,” led by CEO Peter Espig, former 20-year Goldman Sachs banker. Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF), a junior mining company based in British Columbia, has recently been the focus of a comprehensive analysis by Noble Capital Markets Research (https://ibn.fm/3CDHY). The report gave the company an "Outperform" rating and a 12-month price target of C$0.70 and US$0.50 per share while highlighting Nicola Mining's diversified asset…

ThursdayMay 22, 2025 11:45 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Highlights Strength of Resource Opportunity at Metals Investor Forum

Recent interviews with ESGold Corp. officers highlight the company’s strategy to build revenue through clean technology mine tailings reclamation that will build into an exploration project at a legacy site in Quebec Officers for the Canada-based gold and silver development company have presented investor updates on ESGold’s timeline for production in a variety of forums and interviews, most recently at Canada’s Metals Investor Forum ESGold’s Montauban Gold-Silver Project covers 265 mining claims across 13,116 hectares (about 32,410 acres) in Quebec, where the project site was mined for 90 years, and company officers say there is still more potential gold and…

ThursdayMay 22, 2025 10:00 am

American Energy Giants Gear Up for Massive Investment in UAE Oil, Gas Projects

The United Arab Emirates (UAE) and the United States are deepening their energy ties, with the landmark agreements set to channel billions of dollars into joint oil and gas ventures. These deals mark a new phase in the United States-United Arab Emirates cooperation, reinforcing a shared vision of long-term energy security and economic growth. American firms are projected to invest around $60 billion into the UAE’s energy infrastructure, while Emirate investments in the U.S. energy sector could soar to an estimated $440 billion by 20235. These investments form a key part of the UAE’s broader trillion-dollar strategy targeting America’s energy…

ThursdayMay 22, 2025 9:00 am

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Is ‘One to Watch’

The Santa Fe Mine hosts 1.95 million ounces of pit-constrained gold equivalent resources across Indicated and Inferred categories. A 2025 Preliminary Economic Assessment for Santa Fe outlines an after-tax NPV5% of $200 million and a 34.2% IRR based on spot pricing. All four projects are 100%-owned or under low-cost acquisition agreements, with development centered in Nevada, the world’s top mining jurisdiction. Near-term catalysts include Santa Fe permitting milestones, West Santa Fe’s maiden drill program, and an updated economic study. The company is led by a proven team with multiple M&A exits and extensive experience in advancing heap-leach gold operations. Lahontan…

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Month: May 2025