NewsRoom Articles - Page 117 of 159

TuesdayOct 05, 2021 11:15 am

Notorious Reddit Investor Forum Picks Interest in Uranium Stocks

Nuclear energy is one of the safest and cleanest energies to use given that it has a virtually nonexistent carbon footprint. However, nuclear disasters that have occurred in the past such as Chernobyl, Three Mile Island and Fukushima Daiichi, have made its use less than popular. The long half-life of radioactive nuclear waste doesn’t help this energy’s profile in the public eye as more nuclear plants around the globe get decommissioned. Despite this, nuclear energy kills far fewer individuals than fossil fuels, with estimates showing that coal energy kills more than 300 times as many individuals per terawatt-hour of energy…

MondayOct 04, 2021 2:45 pm

Factors Affecting Precious Metals Arbitrage

Precious metals can be traded through various multiple security classes, such as exchange traded funds, funds, options, futures and metal trading. The metals are usually classified as commodities. The most popular and most heavily traded commodities for investments globally, namely silver and gold, provide a lot of trading opportunities with high liquidity. This means that arbitrage opportunities exist in the trading of precious metals, just as with other tradable assets. Below, we discuss the basics of the arbitrage trading of precious metals as well as factors that affect precious metals arbitrage. What is arbitrage? This refers to the simultaneous selling…

FridayOct 01, 2021 12:20 pm

Key Attributes of Utility-Scale Battery Storage Systems

As the adoption of clean energies continues and more countries work toward decreasing their emissions and attaining their targets, the popularity of battery storage technology grows. Battery storage technology allows utilities and power system operators to store energy for future use, which may come in handy in the event of unexpected outages or failures. An energy storage system works by collecting energy from a power plant or grid and then discharging it at a later time, providing electricity and other grid services when required. There exist various battery chemistries available for grid-scale applications, including molten salt, redox flow and lithium-ion…

ThursdaySep 30, 2021 2:45 pm

An Overview of Gold Production in 2020

Last year, the price of gold set a new record when it sold for $2,000 per ounce, which gave miners a boost in profitability. However, the pandemic caused various mines across the globe to shut down, which in turn impacted the production of the precious metal. Before gold is used in its numerous applications, such as jewelry, etc., it has to undergo a challenging production process, which usually starts with mining. Mining this precious metal is an international business. However, only a trio of countries, namely Russia, Australia and China, dominated gold production last year. The countries’ production of this…

WednesdaySep 29, 2021 12:00 pm

Why Uranium Demand Could Double in a Decade

The demand for nuclear power is set to rise significantly not only from consumers in the Far East but also from domestic U.S. consumers as the adoption of cleaner energy continues. Uranium Energy Corp CEO Amir Adnani believes that by 2030, the People’s Republic of China will have more nuclear generation than the United States, which will significantly increase the demand for uranium and the profile for nuclear generation. At the start of last week, uranium futures rallied to $50 per pound from the mid-August price of $30 per pound. The significant increase in price was mainly driven by various…

TuesdaySep 28, 2021 1:15 pm

Lithium Continues Price Surge in September

Since the start of September, the price of lithium has risen steadily as the metal’s demand increases and concerns about its supply drive Chinese domestic prices to new highs. Data shows that these prices are the highest the Chinese market has seen since 2018. During the first half of September, the price of battery-grade and technical lithium carbonate rose by more than 20%. Currently, the prices have surged by 214% and 189% respectively on the Chinese domestic market. Benchmark Mineral Intelligence has stated that increases in the carbonate price had surpassed lithium hydroxide, adding that the price rally for feedstock…

MondaySep 27, 2021 1:46 pm

StorEn Technologies Inc. Announces ANYSeed Converts Note, Becomes New Shareholder

StorEn issued ANYSeed a convertible note in 2019; the fund recently converted the note into equity ANYSeed supports science and technology-based, early-stage ventures located in downstate New York Focused on offering innovative battery storage, StorEn Technologies is leading way in the development of evolutionary vanadium flow batteries StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, has announced that Accelerate New York Seed Fund (ANYSeed) has become a shareholder (https://ibn.fm/vJewK). “Over three years ago, in March of 2019, we raised funds from ANYSeed and issued them a convertible note after receiving the…

MondaySep 27, 2021 12:15 pm

Should You Add Precious Metals to Your Retirement Portfolio?

The world we live in now is full of uncertainties, which only raises more concerns about the future and how we can be better prepared for it. You’ve probably heard that investing for your future is a good way to plan ahead, but how do you know what would be good to invest in? A financial advisor can offer helpful insights into how you should invest your money and what might afford you the highest returns. However, even without a financial advisor, you can still invest in your retirement plan to ensure that you can relax when you eventually retire.…

MondaySep 27, 2021 11:29 am

Greenstone Belt Gold Potential Drives StraightUp Resources Inc. (CSE: ST) Survey Work in Ontario’s Rich Red Lake Mining District

StraightUp Resources is a mineral property acquisition and exploration company currently focused on potential production targets in Ontario, Canada’s historic Red Lake Mining District StraightUp has options to four flagship properties that together comprise over 20,000 hectares (about 50,000 acres) in a region that has produced more than 30 million ounces of gold historically The company announced this month that it has completed a high-resolution heli-borne magnetic survey (“MAG”) on its largest project that will help the company decide where potential gold mineralization worth further exploration may lie The company’s efforts to fund its exploration work include a recently announced…

FridaySep 24, 2021 1:30 pm

Three Technologies That Can Make Shift to Renewable Energy Easier

The cost of renewable energy generation has significantly decreased in the last few years. This is one of the reasons why the U.S. Department of Energy believes renewable energy will be the quickest-growing energy source through 2050 in the country. However, while energy storage is essential, the cost of energy storage is still relatively expensive. A recent report released by researchers at the National Renewable Energy Laboratory estimates that the possibility of increasing energy storage capacity in the U.S. by roughly 3,000% exists. Below are some of the technologies that can boost this shift to renewable energy. Renewable fuels While…

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