NewsRoom Articles - Page 115 of 159

ThursdayOct 21, 2021 11:45 am

Sen. Cruz Introduces Legislation Targeting Illicit Mining, Trading of Precious Metals

Last week, Senators Marco Rubio, Thom Tillis and Ted Cruz introduced a bill to suspend illegal mining and trafficking of gold and other precious metals, which are often used to finance rogue regimes and terrorist groups. This legislation empowers the United States to take action against entities that are complicit in not only extracting these resources but also selling them illegally. Cruz, who is a member of the Senate Foreign Relations Committee, first introduced this legislation in 2019, but it did not advance. Last month, the senator joined a bipartisan measure that draws attention to the increase in the illegal…

WednesdayOct 20, 2021 3:15 pm

10 EU Countries Push for Inclusion of Nuclear Energy in Taxonomy

Earlier this week, ministers from various countries throughout Eastern Europe published a joint article highlighting the need to decarbonize their economies through the use of nuclear energy. The article stated that decarbonizing the economy required swift or prompt transformations in energy consumption and production patterns in order to reduce carbon dioxide emissions, which would require the development of low-carbon industries and the electrification of consumption. The ministers from the countries of Slovenia, Slovakia, Romania, Poland, Hungary, France, Finland, Czech Republic, Croatia and Bulgaria stated that nuclear energy must be part of the solution to decrease CO2 emissions as other sources…

TuesdayOct 19, 2021 1:36 pm

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Takes Part in Reviving Saxony’s Rich Mining History

Saxony’s Freiberg has a rich & storied mining history, dating back to 1168 AD, as depicted by a recent video from the Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg University of Mining & Technology The region quickly became synonymous with mineral breakthroughs, including the discovery of novel chemical elements such as Germanium and Indium Excellon Resources has sought to revive the region’s rich mining traditions, acquiring interests in 34,150 hectares within the historically significant Silver City mineral field in Saxony, Germany Silver mining has long been synonymous with Germany’s Saxony region. The first silver ore in the…

TuesdayOct 19, 2021 12:45 pm

Resilience Project in Atlanta to Provide Energy Equity as an Energy Storage Model

West Atlanta has the world’s largest and oldest association of historically Black universities and colleges, including Clark Atlanta University, Morehouse School of Medicine, Spelman College and Morehouse College. According to the Southeast Energy Efficiency Alliance, low-income residents in Atlanta pay more than four times more for power than the residents in the North, with the American Council for an Energy-Efficiency Economy also revealing that nearly 35% of Hispanic and Black households in the city also experience a high energy burden. To combat this energy inequity, Morehouse College plans to build a resilience center on campus grounds that will operate on…

MondayOct 18, 2021 2:15 pm

Study Finds Asteroids Close to Earth May Contain Precious Metals

Data released by researchers show that one of the two metallic asteroids floating in Earth’s vicinity could contain precious minerals worth more than $11 trillion. The researchers expect that the asteroid may have more cobalt, nickel and iron than the global metal reserves combined. These metal-rich asteroids have been dubbed 2016 ED85 and 1986 DA. The findings from the study’s analysis were reported in the “Planetary Science” journal, with researchers noting that the two asteroids are potential targets for asteroid mining in the future. The popularity of space mining has increased in the scientific community as experts believe it could…

FridayOct 15, 2021 12:00 pm

World Nuclear Association Requests Representation at 2021 UN Climate Change Conference

This year’s United Nations Climate Change Conference is slated for Oct. 31–Nov. 12, 2021, in Glasgow, Scotland. Sama Bilbao y León, director general of the World Nuclear Association wrote a letter to the UN Climate Change Conference president highlighting the association’s concerns about the rejection of applications on nuclear energy for the Green Zone. The director urged Climate Change Conference President Alok Sharma to ensure that nuclear energy was well represented alongside other sources of energy that produce low levels of carbon, in addition to treating the energy fairly. Bilbao y León noted that doing so would be in line…

FridayOct 15, 2021 9:00 am

StraightUp Resources Inc. (CSE: ST) Moving Toward Goal Of Becoming One Of The Biggest Mineral Exploration Companies in North America with New Acquisitions

The mining sector has suffered some setbacks, including low demand for products, fluctuating commodity prices, and a push for green initiatives Most companies have tried to cope with this by raising their total production value StraightUp, however, is making strategic acquisitions within the North American market, optimistic that strategic investments will best grow shareholder value and bring the company closer to becoming one of North America’s largest mineral exploration companies Over the past few years, mining has suffered some setbacks, ranging from fluctuating commodity prices to the push for green initiatives. Government ascendancies have also rendered specific sectors within the…

ThursdayOct 14, 2021 1:00 pm

Benefits of Battery Storage for Homes with Solar Power Systems

As more countries around the globe adopt the use of clean energies in an attempt to reduce global emissions, more homeowners are adding solar energy to their homes. Solar has plenty of benefits, including practical and financial advantages such as reduced reliance on fossil fuels, tax credits and decreased electric bills. Did you know, however, that having battery storage for your solar energy can also increase your bill savings? Today, we look at some of the benefits of battery storage as well as some of its limitations. Helps avoid high utility rates You may be charged high rates at particular…

WednesdayOct 13, 2021 2:50 pm

Researchers Discover New Method That Recovers Valuable Minerals from Electronic Waste

Researchers have discovered a new method of extracting minerals from electronic waste that uses significantly less energy than current techniques, produces ecofriendly waste and can reduce the demand for mined raw materials. The method is based on the flash Joule heating method, which was designed to produce thin graphene from carbon sources such as plastic and wood. New adaptations by a group of researchers from Rice University will allow the technique to be used to recover substances including silver, gold, palladium and rhodium from waste, so they can be reused. The method works by heating the waste to 3,124 degrees…

WednesdayOct 13, 2021 1:19 pm

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Stands Poised to Benefit from a Surge in Global Silver Demand

Rising investment demand for silver has seen several entities inaugurate dedicated warehouses set to house the precious metal Demand for silver is being led by a combination of investment demand and industrial usage, driven by resurgent demand for renewable energy resources Excellon Resources is well poised, benefitting from the ongoing production at their Platosa Mine project as well as the promising prospects for their Kilgore and Silver City deposits The inside of a dusty six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space, currently holds around 400 tons of silver. Once complete, the vault will be able to…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000