NewsRoom Articles - Page 11 of 126

TuesdayDec 05, 2023 3:41 pm

Kiyosaki Urges Investors to Put Money in Silver, Gold, Bitcoin

The author of the best-selling novel “Rich Dad, Poor Dad,” Robert Kiyosaki has called on people to invest in gold, silver and Bitcoin “before it is too late.” In a statement posted on X (formerly Twitter), Kiyosaki urged people to “get out of the fake money system” and invest in the three assets as gold prices surge to new highs. Investing in gold is a relatively sound financial move because it adds some stability to a portfolio and grants it some resistance to market forces. And with gold prices surging amid significantly renewed interest in the precious metal as a…

MondayDec 04, 2023 3:05 pm

Scientists Discover Pollution from Coal Plants More Harmful Than Initially Thought

A new study has found that particles in air from coal power plants are harmful to human health, as they heighten the risk of premature deaths. The research is based on a landmark study from the 1990s, which linked airborne particles to a heightened risk of early death. The particles, called PM2.5, are tiny enough to be inhaled deep into an individual’s lungs. They are released when coal, which is made up of carbon, sulfur, hydrogen and sometimes metals, is burned. In addition to being released in coal emissions, these particles can also come from smoke emitted by wood fires…

MondayDec 04, 2023 9:45 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reveals Positive Drilling Results in Recent Interview

CEO and President Samuel David discussed the success of Prospera’s drilling program in recent interview, revealed positive results and cost reductions Prospera management estimates as little as 8% of over half a billion barrels across assets have been recovered using traditional vertical well technology Phase 2 of drilling program focused on transition from vertical to horizontal well drilling, allowing the company to tap into the significant remaining reserves Recent Q3 2023 financial highlights include Q/Q rise in operating income from $783,084 to $1,101,827 and positive net income of $71,011 compared to net loss of $779,438 in Q2 2023 Samuel David,…

MondayDec 04, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Celebrates Canada’s Decision to Add $4.28 Million in Funding to REE Separation Tech Development

Canada-based strategic metals innovator Ucore Rare Metals Inc. recently received word that the Canadian government will provide $4.28 million in non-dilutive, non-repayable funding to the company’s ongoing rare earth element (“REE”) separation technology development REEs are critical to the production of permanent magnets used in computerized technologies ranging from cell phones to national interests such as renewable energy infrastructure and military defense machinery China currently dominates the global market for mining, processing, and product creation for REEs, which underscores Western governments’ interests in developing an independent supply chain for REEs Canada’s award will help fund demonstration of Ucore’s RapidSX(TM) capabilities…

FridayDec 01, 2023 12:23 pm

Scientists Confirm Purple Smoke in Fulminating Gold Comes From Nanoparticles of Gold

University of Bristol researchers recently discovered why fulminating gold produces purple smoke, answering a question that has puzzled experts for hundreds of years. Considered the first high explosive in the world, fulminating gold was initially synthesized as early as 1585 by Western alchemist Sebalt Schwartzer. More alchemists refined the compound through the 17th and 18th centuries, steadily shortening the production process and making it safer until modern scientists finally turned what had been a four-to-five day process into only a couple of minutes. Fulminating gold is made from a mixture of chlorine, ammonia and gold. But unlike gunpowder, which was…

ThursdayNov 30, 2023 12:36 pm

Could ETFs Offer Investment Opportunities Amid Gold’s Recent Rally

After months of relatively lackluster performance, market conditions are increasingly turning in favor of gold. Inflation rates are trending downward, central banks around the world seem to be stepping back from their aggressive interest rate hikes, and all signs indicate that the global economy isn’t going into a freefall but a usual slowdown. All these conditions, coupled with recent conflicts in the Middle East, which significantly increased gold’s safe haven appeal, caused gold to rally for the first time in several months. Currently investor interest in the precious metal is skyrocketing amid rocky economic conditions in most major markets, and…

WednesdayNov 29, 2023 2:45 pm

Copper Supply Could Improve as Treatment Charges Drop at Smelters

Chilean mining giant Antofagasta recently signed its first major concentrates supply deal for next year with the China-based Jichuan Group. Although it is still unclear if the terms of the new deal will form a yearly benchmark for other deals amid a changing copper-concentrates landscape, it will most likely be impacted by an unforeseen but welcome fall in headline treatment and refining charges (TC/RCs) Treatment and refining charges refer to the costs involved in converting mineral concentrates into refined metal at a smelter. This conversion from raw concentrate to refined and usable metal is a key step in the mining…

WednesdayNov 29, 2023 9:45 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announcing Development Update

Prospera Energy recently announced that its sixth horizontal well has commenced drilling The well forms part of the company’s phase 2 initiatives, which will see it drill a total of ten horizontal and 8 vertical wells across its Cuthbert and Heart Hill properties Recent successes within the program – has seen drilling work and production profiles come in well ahead of expectations – this has prompted Prospera to extend its second phase beyond the initially planned ten horizontal wells The company separately revealed that it has reached a production of 1,100 boe/d from its five initial wells as of end…

TuesdayNov 28, 2023 12:43 pm

Gold Miners Report Strong Fundamentals in Q3 2023

Top gold miners around the world have reported strong financial results for Q3 2023, thanks to a combination of lower mining costs and increasing gold prices that resulted in skyrocketing profits through the third quarter of the year. Growth in the global gold industry over the third quarter was so substantial that major miners were able to overcome depletion and maintain relatively stable collective output. Some gold stocks registered the highest-ever growth in earnings amid high gold prices that are likely to attract institutional investment to the relatively struggling gold sector. The mining industry as a whole has struggled to…

MondayNov 27, 2023 2:37 pm

Analysis Finds That to Meet Emissions Goals, Coal Use Must Reduce Seven Times Faster

A new report has found that major shifts will be needed if any meaningful change in the fight against climate change is expected to occur. The report, published last week, points to the seriousness of the challenges policymakers face as they prepare for the upcoming climate change summit set to occur in the UAE this November. The report centered on the 2015 Paris Agreement, whose aim was to restrict global warming to 1.5o Celsius. It developed targets for 2030 and 2050 that aligned with the agreement, highlighting that only one indicator was set to meet its 2030 target: the sale…

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