NewsRoom Articles - MiningNewsWire

WednesdayAug 26, 2026 10:30 am

Numa Numa Resources Inc. Advances Diversified Mining Portfolio Anchored by World-Class Copper and Gold

Disseminated on behalf of Numa Numa Resources Inc. and may include paid advertisements. The demand backdrop for what Numa Numa is working to develop is well documented. Numa Numa is pursuing the reconstruction of Panguna as its flagship long-term project, working in partnership with the mine’s customary landowners. Taken together, Numa Numa’s portfolio reflects a coherent and integrated development strategy rather than a collection of unrelated bets. The global mining industry is under real pressure to find and develop new sources of copper, gold and critical minerals as existing deposits deplete and new large-scale discoveries become harder to bring online. Numa Numa Resources is…

TuesdayAug 25, 2026 10:00 am

Almost 70% of Exchange-Held Copper Now Sits in the US

The United States consumes roughly 6% of global copper, yet now holds nearly 70% of the copper stored across major global futures exchanges: the London Metal Exchange, COMEX, and the Shanghai Futures Exchange. Ole Hansen, Saxo Bank’s Head of Commodity Strategy, argues that this unusual concentration is largely driven by expectations of America imposing tariffs on imported refined copper. Traders have been moving copper into the U.S. ahead of a possible tariff because metal already inside the country could become more valuable if duties are introduced. This comes after the U.S. Commerce Department proposed gradually increasing tariffs, although the final decision remains pending. At the same time, strong Chinese demand, particularly from the country’s expanding energy-transition industries, is keeping pressure on…

FridayAug 21, 2026 10:00 am

China Leads in Renewable Energy Waste as Grids Struggle to Cope

China is highlighting a growing problem in the global transition to renewable energy: electricity grids are struggling to absorb rapidly expanding supplies of renewable power. In the first six months of this year, China discarded about 360 TWh of clean energy. This figure is nearly 50% higher than figures from last year and makes up enough power to meet Mexico’s needs for a whole year. Renewable energy curtailment occurs when electricity from wind or solar projects is deliberately reduced because the grid cannot accommodate the available supply. The issue is becoming increasingly widespread and highlights why fossil fuels remain important in some power systems despite rapid renewable-energy growth. China’s difficulties are linked largely to limited transmission capacity and arrangements that prioritize electricity from newly constructed coal plants. Wood Mackenzie analyst Yuan…

ThursdayAug 20, 2026 10:00 am

Venezuelan Government to Repatriate 31 Tons of Gold Reserves from London

The Venezuelan government, in collaboration with opposition leaders, has reached an agreement to work together to secure the return of roughly 31 tons of the country’s gold reserves currently held by the Bank of England. The proposed move comes as the South American country seeks financial resources for reconstruction after a series of devastating earthquakes earlier this year. According to recent reports, the bullion is valued at approximately $4.4 billion, based on current market prices. The agreement represents a rare example of cooperation between the country’s deeply divided political factions. The two sides reportedly intend to jointly pursue the release of the reserves following U.S.-backed negotiations held earlier this month. At the same time, officials are expected to establish strict safeguards governing the…

TuesdayAug 18, 2026 10:00 am

How the US-Iran Stalemate Could Impact Gold Prices

Recent figures show that gold was trading around $4,347, as investors continue to monitor tensions between the United States and Iran. It appears they may have reached a stalemate, given the lack of progress toward resolving the standoff surrounding the Strait of Hormuz. President Donald Trump recently described the situation as “semi-negotiating,” indicating that Washington is deliberately taking a patient approach rather than actively pursuing a full agreement. Iran, however, maintains that no direct negotiations are taking place. Communication is reportedly being conducted through intermediaries, including Pakistan and Qatar, while Oman is separately engaging Tehran on shipping issues. Iran has…

FridayAug 14, 2026 10:00 am

Fund Manager Forecasts Gold’s Return to $5,000 Price Level

Gold could eventually climb back to $5,000 an ounce, although investors may have to wait several years for the metal to reach that level. This is according to David Miller, CIO and co-founder of Catalyst Funds and portfolio manager of the Strategy Shares Gold Enhanced Yield ETF. Speaking in a recent interview, Miller said gold’s long-term outlook remains positive despite the market’s recent consolidation after a sharp rally. He estimates that the metal could take approximately two or more years to return to $5,000. Several forces continue to support gold, including persistent government deficits, inflation and efforts by central banks to reduce their reliance on the U.S. dollar. Miller expects central-bank demand to remain…

FridayAug 14, 2026 9:00 am

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Advances North American Rare Earth Portfolio as 2026 Exploration Program Builds Momentum

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. Powermax Minerals is advancing four rare earth exploration projects across Canada and the U.S. as governments seek to reduce reliance on foreign supply chains. The company has begun its 2026 field program at the Cameron REE Project in British Columbia, focusing on refining targets identified through earlier geochemical and radiometric work. Atikokan in Ontario has produced district-scale REE anomalies, while the Pinard project is entering a Phase 1 exploration program designed to generate and rank targets. The Ogden Bear Lodge project gives Powermax exposure to a…

ThursdayAug 13, 2026 10:00 am

Copper Market Tightens as US, China Jostle for Available Supplies

Copper is becoming increasingly important to the global economy as its applications expand across construction, manufacturing, electronics and power infrastructure. This comes as the transition to clean energy continues to take shape globally. Electric vehicles, renewable energy projects, power grids and data centers all depend heavily on copper because of its excellent ability to conduct electricity. This growing demand is putting additional pressure on a market that is already facing tighter supplies. The situation has become more pronounced as the United States and China compete for available copper, disrupting established trade flows and creating conditions that could push prices to new records. Copper futures in London recently climbed above $14,000 a ton, a level rarely reached this year. Traders are now watching to see whether…

TuesdayAug 11, 2026 10:00 am

Fuel Cell Buses and Trucks Drive Growing Demand for Green Hydrogen

While battery-electric vehicles continue to improve, hydrogen fuel cell technology continues to gain support in heavy-duty transportation. Buses and trucks that require long driving ranges, quick refueling, and reliable operation are creating new demand for green hydrogen, particularly where battery-powered alternatives remain less practical. Beyond transportation, hydrogen plays an essential role in industries such as steel production, fertilizer manufacturing, chemical processing, and oil refining. Replacing conventional hydrogen made from fossil fuels with cleaner alternatives is becoming a major priority. Water electrolysis powered by renewable energy remains the leading method of producing green hydrogen, with ongoing improvements helping lower production costs…

TuesdayAug 11, 2026 9:45 am

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Leverages US Jurisdiction Advantage as Sovereign Gold Demand Reshapes Market

Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF)and may include paid advertising. The forces underpinning gold's recent strength are structural rather than momentary, even as the price itself has been volatile. All four of Lahontan’s properties sit within the Walker Lane trend and are located entirely within the United States. “This outstanding drill intercept, which includes some of the highest gold grades drilled to date within the Central Calvada deposit, reinforces the importance of the Calvada resource to the Santa Fe Mine project,” notes company exec. Gold's recent strength has increasingly been driven by structural demand rather…

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