Mining Stocks Archives - Page 49 of 198

TuesdayJan 07, 2025 10:00 am

The Only US Cobalt Mine Runs Out of Cash, Plans to Go Private

Jervois Global, a mining firm based in Australia that primarily produces cobalt, recently entered into a recapitalization agreement with alternative investment firm, Millstreet Capital Management. A significant drop in the price of cobalt has seen the firm enter bankruptcy proceedings in an effort to save itself and its workforce. Since hitting a new high in April 2022, the price of cobalt globally has dropped by over 70%. Jervois’ recapitalization proposal will see it go private, receive $145 million in new capital and get delisted from the Australian Securities Exchange. The funding is expected to support the business and growth initiatives,…

MondayJan 06, 2025 8:45 am

Gold: A Resilient and Reliable Investment Amid Technological Disruptions

In an era dominated by technological innovation and the rise of digital assets like bitcoin, gold remains a steadfast pillar of wealth preservation. As the financial landscape evolves with blockchain, decentralized finance, and other digital technologies, gold continues to stand tall as the ultimate safe haven asset (https://ibn.fm/BxmPE). While digital currencies rely on technological infrastructure and constantly compete with each other, gold is a time-tested symbol of stability and wealth preservation—especially during times of crisis and uncertainty. When digital systems falter—such as during black-swan events that halt internet connectivity or when trust is rapidly lost—gold transcends these limitations, offering a…

FridayJan 03, 2025 10:00 am

Leading Copper Smelters in China Agree to Lower Charges in Q1

Copper’s properties as a corrosion-resistant, extremely malleable high conductor of electricity have made its use in different industries irreplaceable. Sources reveal that major copper smelters in China agreed to lower processing treatment and refining charges for Q1 2025. This move hints at a looming shortage of copper concentrates due to a decrease in the availability or production of copper ore as ore grades continue to decline and demand increases. This argument is supported by the increased price of the red metal on the London Metal Exchange, which rose to $8988 per ton after a 5-week low. During a China Smelters…

ThursdayJan 02, 2025 10:00 am

US Graphite Producers Want 920% Tariff Imposed on Chinese Graphite

Last week, a coalition of graphite producers in America filed a petition to the Department of Commerce and the International Trade Commission asking the department to impose tariffs on Chinese imports of synthetic and natural graphite used to manufacture Li-ion battery anode material. In its petition, the American Active Anode Material Producers argued that the 25% tariff that’s currently imposed on Chinese graphite imports was too low. The coalition also asked that an investigation be conducted under America’s antidumping and countervailing duty statutes. This development comes as trade tensions between the United States and China continue escalating following president-elect Trump’s…

MondayDec 30, 2024 10:15 am

Nvidia is Increasingly Focusing on Robotics as Competition in the AI Chips Space Toughens

As competition in the AI chips segment stiffens, Nvidia Corp. (NASDAQ: NVDA) is looking to dominate the emerging AI robotics space. This company, currently valued at approximately $3.3 trillion, helped to launch the meteoric rise of AI and it now wants to market compact computers specifically for humanoid robots. The new crop of computers from Nvidia, referred to as Jetson Thor, is planned to hit the market in early 2025. This new development came to light in a report carried by the Financial Times. Nvidia plans to be the go-to platform when the humanoid robotics race gets underway. Nvidia’s VP…

FridayDec 27, 2024 10:00 am

What the Recent Fed Rate Announcement Means for Gold Investors

Last week, the Fed announced another rate cut on interest, the third one this year. This move lowered the rate of federal funds by twenty-five basis points and builds on prior rate cuts carried out in September and November, with the earlier one seeing the federal funds rate drop 50 basis points. Jointly, these decisions have decreased the benchmark rate by 1%, emphasizing the Federal Reserve’s response to shifting economic conditions. The Federal Reserve hopes that by reducing its benchmark rate, it can encourage spending while staying alert to inflation, which has started rising again in recent months. While this…

ThursdayDec 26, 2024 11:00 am

Central Banks Are Hoarding Gold—Should You Follow Their Lead?

Central banks around the world have been ramping up their accumulation of gold, creating one of the most significant market shifts in years. Over the last two years, governments added over 2,000 tonnes of gold to their reserves (https://ibn.fm/U1IaY)—a pace not seen in the last 20 years. While economic headlines often focus on inflation or interest rate cycles, this relentless accumulation of gold reveals something deeper: a global move to hedge against uncertainty and challenge the dominance of traditional reserve currencies like the U.S. dollar. For investors, it raises an obvious question—if the biggest financial institutions on the planet are…

ThursdayDec 26, 2024 10:00 am

Silver’s Stellar 2024 Performance, 2025 Outlook

Silver has performed very well this year fueled by a number of factors, including the demand for investment-worthy metals driven by a fluid geopolitical landscape. The metal hit a 12-year high, which is commendable while gold achieved multiple new highs this year. Silver’s duality as both a precious and industrial metal is expected to continue influencing its market dynamics. Over 50% of the metal’s total demand is derived from its industrial uses. This year alone, industrial demand for the metal has assisted in the creation of physical tightness within the metal’s market. Sectors like renewable energy and electronics have substantially…

MondayDec 23, 2024 9:30 am

AI is Being Trained to Spot Anomalies During Tests in the Medical Sector

Audra Moran, the head of a global charity (“OCRA”) focused on researching ovarian cancer, says her area of expertise is underfunded and very deadly. Most cases of this disease originate within the fallopian tubes and spread to the ovaries. The problem is, by the time the malignancy spreads to the ovaries, there is a high likelihood that it has also spread to other parts of the body. This is why early detection is critical as life-saving interventions can be carried out. The life-changing window of detection is approximately 5 years before the onset of ovary cancer symptoms, but it is…

FridayDec 20, 2024 10:00 am

Mining in Minnesota is Poised to Benefit from Trump’s Electoral Victory

The mining industry in Minnesota is set to gain from Trump’s inauguration, which will trigger policy shifts that’ll allow Twin Metals to renew efforts to mine precious minerals like nickel and copper in ecologically sensitive land. Twin Metals is a Minnesota mining firm focused on developing and operating an underground mine project in the northeast region of the state. For years now, this mining firm has tried to create and operate a copper sulfide mine on Superior National Forest Land. In 2022, the firm sued the federal government in an effort to revive the proposed mine which it claimed would…

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Category: Mining Stocks