NewsRoom Articles - Page 14 of 164

ThursdayJan 23, 2025 10:00 am

The Market for Colloidal Silver is Expected to Grow to $2.5Bn by 2030

Colloidal silver is a mineral that has historically been used for its antimicrobial properties. Its primarily used in dietary supplements, to treat skin infections topically, and in wound care. It is also used in different industrial applications, including electronics, coatings, and water purification. As of 2023, the value of the mineral’s market was estimated to be $1.2 billion. Forecasts expect that the market will grow at a compounded annual growth rate of 8.1% between 2024 and 2032. By 2032, the value of this market is expected to have hit $2.5 billion. Currently, major players in the mineral’s market include Pure…

ThursdayJan 23, 2025 10:00 am

McEwen Mining (NYSE: MUX) (TSX: MUX) Caps 2024 with Transformative Investments, Exploration Wins

McEwen Copper secured a $35 million investment from Nuton, a Rio Tinto venture, to advance the Los Azules project in Argentina. Operational efficiencies resulted in a 12% reduction in production costs, showcasing the company’s resilience and focus on value creation. Promising exploration results at the Grey Fox project opened new opportunities for growth. McEwen Mining (NYSE: MUX) (TSX: MUX) concluded 2024 with several pivotal developments that reinforced its position in the mining industry. From securing significant investments to achieving regulatory milestones, the final quarter marked a period of transformative progress for the company. One of the most notable highlights was…

WednesdayJan 22, 2025 8:45 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Committed to Playing Crucial Role in Metals Exploration Space

The exploration and discovery of key metals are more critical than ever, ensuring a steady supply to meet burgeoning global demands. Aston Bay is focused on exploring for high-grade copper and gold in North America. Companies such as Aston Bay play a crucial role in identifying and developing new sources of key metals, ensuring that supply can meet global needs. In the modern era, metals are the backbone of technological advancement and economic development. From the devices that connect us to the infrastructure that supports us, key metals are indispensable. Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral…

TuesdayJan 21, 2025 8:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Collaboration Part of Saudi Vision 2030 Initiative

Agreement focused on studying the development of smelting and refining capabilities to advance Saudi Arabia’s position in the global metals and mining landscape. The Vision 2030 initiative to support industries worldwide by strengthening critical supply chains for metals and minerals. The memorandum of understanding with the Ministry of Investment of Saudi Arabia aligns with initiatives already underway between Ajlan & Bros. Mining and Platinum Group. Saudi Arabia is accelerating its efforts to diversify its economy, recently announcing more than $9 billion in new mining and metals agreements (https://ibn.fm/DsnYw). Outlined during the 28th World Investment Conference in Riyadh, these deals are…

FridayJan 17, 2025 10:00 am

Indonesia Plans to Slash Nickel Production in 2025

Indonesia is currently the biggest producer of nickel globally, with last year’s figures showing that it supplied more than 56% of the mined metal. Projections suggested that the country’s nickel production would grow by over 7% this year. The nation’s nickel boom began after a ban on raw ore exports was implemented in 2020, which prompted Chinese firms to invest in local processing facilities. While this growth bolstered the country’s economy, it also increased the metal’s surplus globally, which placed additional pressure on its prices. Recently, Indonesia announced that it planned to reduce nickel production by nearly 40%. This would…

ThursdayJan 16, 2025 10:00 am

Price Scenarios That Could Manifest in the Gold Market This Year

Last year, the price of gold reached new highs as central banks aggressively bought the precious metal and more investors turned to it to hedge against inflation. While recent rate cuts announced by the Federal Reserve have renewed interest in the metal, its drop in price has left many wondering how gold will perform this year. Below, we explore price scenarios that could occur this year. Price of gold declines Higher real interest rates combined with a stronger dollar could negatively influence its price, causing it to fall. If the price drops below key technical support levels resulting in low…

ThursdayJan 16, 2025 8:00 am

Gold’s Rising Momentum Sets the Stage for Torr Metals Inc.’s (TSX.V: TMET) Growth Potential

Geopolitical uncertainty, inflation, and central bank demand underscore a bullish outlook for gold for the foreseeable future, making investments in junior explorers more enticing than ever Torr Metals is poised to leverage the rising gold market with its 100% owned projects in prolific, easily accessible Canadian mining regions, including the Filion Gold Project in Ontario Recent geophysical surveys and a successful financing have accelerated exploration efforts at Filion, enabling Torr Metals to identify maiden drill-ready targets with high-grade gold potential that could unlock significant value for shareholders The gold market continues to shine as a beacon of strength, driven by…

WednesdayJan 15, 2025 8:00 am

Torr Metals Inc. (TSX.V: TMET) Strengthening Strongholds as the Gold Sector Anticipates Steady Growth in 2025

Goldman Sachs has forecasted that gold prices could reach $3,000 per ounce by the end of 2025 Amid the promising outlook for gold, Torr Metals is advancing its exploration and development projects to capitalize on anticipated market conditions The favorable forecast for gold in 2025 creates an ideal environment for companies such as Torr Metals to thrive As 2025 looms, the gold market is poised for notable growth, with prices expected to climb significantly. Analysts project that gold could achieve record-breaking highs, driven by a combination of economic uncertainties, central bank demand and the metal’s enduring role as a hedge…

TuesdayJan 14, 2025 10:00 am

As the Holiday Break Ends, Attention Goes to How Gold is Shaping Up for the Year

Gold didn’t experience a Christmas rally for the first time in years but still saw its price rise by 26% at the end of 2024. Even with the strengthening of the U.S. dollar and rising bond yields, the metal’s price continues to move closer to $2700. Analysts expect that the precious metal’s break from its conventional relationship with bond yields and the dollar will be a primary theme this year. Already, gold has recorded new highs against the euro and British pound. They note that investors are less worried about the higher opportunity costs for holding the metal and more…

TuesdayJan 14, 2025 9:30 am

UK Premier Announces Plan to Grow Domestic AI Capability Twentyfold by 2030

UK’s Prime Minister Keir Starmer has set his sights on making the UK a global superpower in the AI space. He wants the industry to grow and create rivals to OpenAI in a move calculated to significantly grow domestic computing power so that technologies vital to national security are innovated within the country. Of special interest to the government is the need to quickly expand AI data center capacity so that developers can have the needed infrastructure to rapidly deploy powerful foundational artificial intelligence models. It is noteworthy that a bold target of growing AI computing capacity by twentyfold has been…

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

Contact us: (512) 354-7000