July 2025 - MiningNewsWire

FridayJul 18, 2025 10:00 am

BP Expects to Report Increases in its Q2 Production of Oil and Gas

British Petroleum (BP), a multinational oil and gas company, announced recently that it expects gas and oil production for Q2 of 2025 to increase. This marks a continued shift in the company’s strategy as it renews its focus on fossil fuels in an effort to boost profitability amid investor pressure. BP had previously invested heavily in green energy as part of its longer-term net-zero emissions pledge. However, after mixed financial results and growing demand from shareholders for more immediate returns, the firm pivoted back toward its core oil and gas operations. This change has helped restore investor confidence, with its…

ThursdayJul 17, 2025 10:00 am

The American Auto Industry Faces Additional Headwinds as Trump Announces Copper Tariffs

Last week, Trump announced that a 50% tariff would be imposed on copper imports from August 1st. This announcement raised concerns, particularly among auto manufacturers and suppliers, as the tariffs would make it harder for them to shoulder the rising costs and taxes. In the United States, copper is primarily used in industrial machinery, construction, electrical equipment, and vehicle manufacturing. The red metal is a key component in wiring and motors, with roughly 75% of copper consumed in the country going towards electrical applications like telecommunications, power generation and transmission. Given that the American market greatly relies on the red…

ThursdayJul 17, 2025 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Key Part of Five-Step Blueprint for a Balanced Rare-Earth Supply Chain

China’s move exposed how important it is that the United States focus on finding strong domestic sources for essential materials. A possible roadmap comes down to five mutually reinforcing steps, with Ucore Rare Metals’ RapidSX(TM) technology playing a key role in the process. The company’s goal is to play a vital role in building a robust and independent rare earth supply chain in North America, says CEO. The tariff war between the United States and other countries, particularly China, has created a greater awareness of the tenuous U.S. position in terms of its reliance on China for essential materials for…

WednesdayJul 16, 2025 10:30 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Aligns Strategy as North American Energy Policy Shifts

U.S. clean energy tax credits under the new Big Beautiful Bill require projects to commence construction by July 4, 2026, and complete within four years. SolarBank has enough advanced-stage U.S. projects to meet this timeline, backed by a $100 million financing deal with CIM Group. The company is prioritizing construction on a 97 MW portfolio in key states with interconnection and permitting progress. In Canada, SolarBank is deploying battery systems in Ontario under decade-long IESO contracts and expanding in Nova Scotia’s Community Solar program. Canada’s “Build, baby, build” policy push under Prime Minister Mark Carney favors developers with shovel-ready assets.…

WednesdayJul 16, 2025 9:45 am

Survey Results Highlight New Potential Discovery for ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) at Quebec Site

Survey Penetrated 3x Deeper Than Planned: Originally designed to image down to 400m, the ANT survey successfully mapped to over 1,200m, unlocking previously unseen subsurface structures. District-Scale Geology Uncovered: Results point to a vertically continuous mineral system, resembling known VMS and Broken Hill-type camps—suggesting Montauban may be far more than a single-deposit story. Exploration Roadmap Expanded: The contrast in high- and low-velocity zones has provided a clearer structural model to target deeper, stacked, and potentially repeating mineralized lenses. Modern Data, Historic Opportunity: This marks the first time modern deep geophysics has been applied to Montauban since its early 20th-century production—signaling…

WednesdayJul 16, 2025 9:00 am

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Extends $2 Million Credit Line to Support Gold Production, Key Partners

The credit facility provides Blue Lagoon access to C$2 million over a 12-month term and underlies Nicola’s confidence in the project’s near-term production trajectory. Nicola CEO praised Blue Lagoon’s disciplined execution, noting the company’s thorough permitting navigation and strong community engagement. This move exemplifies Nicola’s strategic model, which links its Merritt milling infrastructure and tailings facility to nearby projects. Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) has taken a significant step in fostering industry collaboration and bolstering regional gold development with its announcement of a $2 million line of credit to strategic partner Blue Lagoon Resources Inc. The move reflects Nicola’s…

TuesdayJul 15, 2025 10:00 am

Trump’s Tariffs on Copper Could Turn into an Own Goal

This past week, President Trump announced that the U.S. would be imposing a 50% tariff on copper imports. The tariff, which will come into effect on August 1st, is meant to encourage the domestic mining and smelting of the red metal. It is yet to be clarified what products are included in the tariff, as the industrial metal is crucial in the manufacture of electric vehicles, semiconductors and military hardware, as well as various consumer goods. Additionally, the Trump administration hasn’t revealed whether there’s room for lower rates or exemptions for major suppliers to America like Chile. Experts argue that…

TuesdayJul 15, 2025 9:00 am

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Takes Key Step and Leads as Critical Minerals Demand Continues to Climb

Gold prices continue to break record highs with silver also enjoying a renaissance. Nicola Mining has begun processing high-grade gold-silver ore from Talisker Resources Inc. Nicola is determined to process 60,000 tonnes (tn) of ore and produce 21,000 ounces (oz) of gold-equivalent per year at full-production rate. Global demand for gold and silver continues to surge as investors and central banks race for protection in unstable economic terrain. As the value of precious metals surges amid rising demand, junior miner Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) began processing high-grade gold and silver ore at its Merritt Mill facility, highlighting a…

FridayJul 11, 2025 10:00 am

Why Thefts of Catalytic Converters Have Plummeted in the US

Catalytic converters contain a catalyst that helps convert pollutants like smog in exhaust systems into less harmful ones. Most vehicles that run on gasoline, including buses, trucks, motorcycles and automobiles have exhaust systems that use catalytic converters. In 2022, 5548 converters were stolen from motor vehicles in New York City. Former crime analyst supervisor, Christopher Herrmann, explains that these devices are stolen as they contain metals like platinum and palladium which can be extracted and sold for up to $500 to scrap yards. It costs about $2000-$3000 to replace a converter as the damaged electric lines, fuel line and undercarriage…

FridayJul 11, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Clears Regulatory Hurdle for 7.2 MW Hoadley Hill Solar Project in New York

The Hoadley Hill project has passed the CESIR process, a key step toward interconnection with the local grid. The 7.2 MW ground-mount solar array is expected to power the equivalent of 850 homes. The project is structured as a community solar initiative, enabling local residents to subscribe and receive utility bill credits. It will benefit from New York’s VDER compensation system, offering US$0.0971/kWh in projected year-one compensation. 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 initiatives throughout…

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Month: July 2025