Mining Stocks Archives - Page 139 of 169

ThursdayMay 20, 2021 2:30 pm

IEA Says Rising Metals Prices Could Jeopardize Clean Energy Plans

The International Energy Agency (“IEA”), through a recently released report, says that the rise in the price of different clean energy metals may jeopardize the plans of different countries to switch to clean forms of energy, such as the use of electric vehicles. According to the IEA, attaining the ambitious goals set out in the provisions of the Paris Accord is likely to trigger a fourfold growth in the demand for minerals by 2040. However, the limited investment made to bring new mines into production could propel the cost of ecofriendly energy upwards by a significant margin. Fatih Birol, the…

ThursdayMay 20, 2021 9:15 am

Asia Broadband Inc. (AABB) on Course to Increase Physical Gold Holdings with Two Potential Property Acquisitions

Asia Broadband is increasing its physical gold holdings, to financially leverage and back the company’s AABBG cryptocurrency token, through acquisitions of historic gold mine site properties The company is currently at an advanced stage of negotiations and due diligence process for the purchase of the 200-hectare Los Reyes property in western Mexico, whose assay results show significant promise AABB also announced that it has entered into an LOI to acquire a high-yield asset in the prolific mining region of Acaponeta in Nayarit, also in western Mexico Asia Broadband (OTC: AABB), a resource company operating using a vertically integrated model that…

WednesdayMay 19, 2021 4:00 pm

Rare Earth Oxides Market to Register a Fivefold Increase by 2030

A report released recently by Adamas Intelligence predicts that the overall market for magnetic rare earth oxide minerals will shoot up from its current size of $2.98 billion to $15.65 billion by 2030. The report indicates that the major driver for this massive growth is the total demand for these magnet rare earths, a demand which is anticipated to grow at a 9.7% CAGR, as well as the price of the metals, which is expected to grow at a 5.6 to 9.9% CAGR over the review period. The report also adds that raw material shortages will play a key part…

TuesdayMay 18, 2021 3:00 pm

The Role of Wearable Technology in Mining

According to a report authored by GlobalData, wearable technology has a significant role to play in the mining sector of the future. The following are some of the notable reasons why every mining company needs to incorporate some form of wearable technology in its operations. Aiding the fight against COVID-19 Workers in mining operations often have to work in close proximity to one another, and this could help the coronavirus spread easily among those workers. Wearable tech can help to manage this risk by making it possible to enforce social distancing rules, monitor the temperature of employees, trace contacts of…

MondayMay 17, 2021 3:45 pm

Colorado School of Mines Launches First Space Mining Degree

The Colorado School of Mines, the only institution that currently offers advanced degrees in resources in outer space, has launched an undergraduate degree that focuses on mining in space. This program is aimed at preparing the people who will participate on the front line of future mining projects, especially in space. According to Dr. Angel Abbud-Madrid, director of the Space Resources Center at the Colorado School of Mines, the motivation for the undergrad degree program is to draw a line between the facts and the speculations about space mining. While no one will be looking to extract platinum and other…

FridayMay 14, 2021 3:00 pm

Australian Team Develops Mining Technique That Uses Magnetic Fields Rather Than Digging

Scientists from the University of Exeter, the Technical University of Denmark, CSIRO (which is the national science agency in Australia) and the University of Western Australia have designed a new mining method that extracts minerals from hard rock ore using electric fields. The method could replace the conventional digging technique, which causes significant effects to the environment. These include biodiversity loss, formation of sinkholes, deforestation, erosion and the contamination of ground, soil and surface water. Currently, methods of digging are utilized in 99% of activities involved in mining, which often leads to large quantities of solid waste and considerable environmental…

ThursdayMay 13, 2021 3:00 pm

Top Canadian Mining Firms Honored for Their Sustainable Initiatives

IAMGOLD and Agnico Eagle have been selected by the Community of Interest Advisory Panel of the Mining Association of Canada to receive the Towards Sustainable Mining (“TSM”) Excellence Awards. The two companies are both major players in the Canadian mining sector and are being recognized for their inventive sustainability projects that are focused on environmental and community engagement. TSM, which was established in 2004, supports mining companies in managing various social and environmental risks. The internationally recognized program also facilitates the evaluation, validation and public reporting of 8 crucial facets of environmental and social performance against 30 performance indicators. On…

WednesdayMay 12, 2021 2:30 pm

Deep-Sea Mining Prototype Retrieved as Tests Resume

Last week, Global Sea Mineral Resources (“GSR”) recommenced tests that may bring about the mining of battery metals from the floor of the Pacific Ocean. This was after the company managed to retrieve a mining prototype that had been stranded in the ocean. The Belgium company revealed that its 25-ton mining robot, dubbed “Patania II,” had been disconnected from a 3.1-mile cable that connected it to the surface. DEME Group, which is a leader in environmental remediation, marine engineering and dredging, has been working with a team of European researchers to find out the environmental effects of deep-sea mining. They…

WednesdayMay 12, 2021 1:25 pm

Silver: Returning to Germany Through A Winding History, from the Viking Era to Modern Technology

Germany has been integral to silver production historically, including the Rammelsberg Mine that produced for over 1,000 years continuously through 1988. Excellon has a license to explore a massive land package, dubbed “Silver City,” after the heritage name for Freiberg (Silberstadt), spanning 341.5 square kilometers that has produced billions of dollars in silver from shallow depths. Excellon is a first mover in Saxony, with the first drilling using modern technology cutting 1,042 g/t AgEq, while defining a major epithermal silver system over 12 kilometers. If someone could do a flyby of the history of silver, they would cover the globe…

WednesdayMay 12, 2021 1:07 pm

Uranium Energy Corp (NYSE American: UEC) Ideally Positioned to Contribute to Carbon-Free Energy Growth

World Nuclear Association notes that new nuclear builds offer advantages that extend beyond simply being clean, reliable source of energy With growing demand for carbon-free energy production, growing reliance on nuclear seems certain Uranium, the fuel most widely used to power nuclear plants, will become an increasingly vital mineral While COVID-19 still looms as a potential threat in parts of the world, some positive signs indicate that the worst might be over. In its “World Nuclear Performance Report 2020,” the World Nuclear Association noted that, in a post-pandemic world, new nuclear builds offer advantages that extend beyond simply being a…

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