NewsRoom Articles - Page 141 of 196

WednesdayFeb 23, 2022 9:45 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging Leader in Rare Earth Sector Slated for Growth in 2022

The rare earth element market expected to see interest from investors, governments around the world in coming year Supply will need to pick up to meet global demand for REEs, primarily from EVs Restoring REE production to U.S. will greatly benefit the nation’s economy and clean energy sector Last year saw more major developments in the rare earth elements (“REE”) space than the last seven years combined, according to a recent InvesBrain report (https://ibn.fm/Mlutg). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), which has historically been a leading U.S. uranium mining company, is keenly interested in the space, as the company has…

TuesdayFeb 22, 2022 2:22 pm

Gold Set to Benefit from Possible ECB Interest Rate Hikes

Toward the end of last year, the European Central Bank announced that it would end its emergency purchase program for the pandemic in March 2022. While this doesn’t signal a stop to quantitative easing, as the central bank of the Eurozone continued to purchase assets under this program, it does mean that it will be reducing the frequency of its purchases in 2022. During a conference held recently, the president of the European Central Bank, Christine Lagarde, admitted that the bank would stop net asset purchases done through this program next month. In the press conference, Lagarde acknowledged the shift…

TuesdayFeb 22, 2022 9:15 am

Billion-Dollar Acquisition, Region’s History, Survey Results, Support StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Focus on the Prolific Red Lake District

StraightUp Resources has optioned or acquired several properties in the historic Red Lake District in Ontario, which has produced over 30 million ounces of gold to date The company’s properties in the area include RLX North, RLX South, Belanger, and Ferdinand properties Late last year, a senior gold mining company entered into an agreement to acquire Great Bear Resources, one of the success stories of the Red Lake District This acquisition, coupled with results from own surveys and the district’s storied history, support StraightUp’s focus in the area When StraightUp Resources (CSE: ST) (OTCQB: STUPF) optioned mining claims comprising the…

FridayFeb 18, 2022 12:49 pm

Cameco to Resume Operations at McArthur River Mine

Cameco, the biggest publicly traded uranium company in the world, recently announced its plans to resume operations at its McArthur River mine. The mine, which is located in northern Saskatchewan, halted production in 2018. The mine was placed in care and maintenance mode soon after. Cameco CEO and president Tim Gitzel stated last week that production at the Key Lake mill and McArthur River mine was expected to be 15 million pounds annually from 2024. In his statement, Gitzel explained that Cameco would take some time to transition the mine from care and maintenance mode to its planned production capacity…

FridayFeb 18, 2022 9:15 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) in Strong Position as 2022 Uranium Outlook Appears Promising

Uranium is one of the few commodities to register two solid years of gains amid a global pandemic Nuclear continues to account for 20% of total electricity in the U.S. and is the largest source of carbon-free power, with consistent global growth projected through 2050 Energy Fuels holds three of America's key uranium production centers and boasts more uranium production capacity than any other U.S. company As the new year begins, things in the uranium sector look good, according to a recent Uranium Investing News report. A rosy 2022 forecast means good news for Energy Fuels Inc. (NYSE American: UUUU)…

FridayFeb 18, 2022 9:15 am

StorEn Technologies Inc. Could See Benefits from Fed-, State-Sponsored Tax Credits

Government supports residential energy-storage efforts with tax incentives Tax-incentive programs good indicators of potential battery-storage systems have to make a difference StorEn is leading the way in developing evolutionary vanadium-flow batteries Recent progress made in the battery-storage space makes residential energy storage more feasible than ever, and with available tax credits, the federal government is doing what it can to make the prospect even more appealing. With more people choosing this route, companies such as StorEn Technologies, a developer of vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, could benefit. “In March 2018, the Internal Revenue Service…

ThursdayFeb 17, 2022 10:10 am

The Asia-Pacific Energy Storage Market May Surpass North America

A recently released report has found that the Asia-Pacific will surpass North America as the largest utility-scale energy storage market by yearly installed gigawatts. Guidehouse Insights, a market intelligence and research firm, compiled this report. The research company revised its predictions for global yearly installed utility-scale energy storage by 2029 from forecasts it had made close to 18 months ago, going from roughly 25 gigawatts to 27.5 gigawatts. It expects global annual installed utility-scale energy storage to be slightly more than 30 gigawatts by 2030. The research firm anticipates an average compound annual growth rate (“CAGR”) of 25% between 2021…

WednesdayFeb 16, 2022 3:02 pm

Investor Interest in Gold Returning as Investments Resume

Gold has always been a solid investment, especially over the long term. It often weathers market downtimes with little to no negative impact, retains a relatively stable value in different financial markets, requires little maintenance, and is an effective way to save money for the future. However, despite increasing rates of inflation and stock market roll over, the past couple of months haven’t been great for gold stocks. However, this doesn’t mean gold has been in a major slump. Gold stocks may have been on a steady rise but have yet to reach the heights one might expect during major…

TuesdayFeb 15, 2022 2:59 pm

EU Commission Publishes Text Cementing Nuclear’s Role in Energy Transition

The final version of the EU Taxonomy Regulation’s Complementary Delegated Act was recently presented by the European Commission. The version contains certain nuclear and gas activities and includes a few minor adjustments from the draft, which was leaked last year. The commission started consultations on a draft text of the Complementary Delegated Act with the Member States Expert Group on the Sustainable Finance Platform in December last year. It also gathered feedback from the European Parliament on the act. The European Commission announced in the text that the commissioners had reached an agreement. The European Commissioner for Financial Services, Financial…

MondayFeb 14, 2022 9:48 am

Canadian Solar Plus Storage Project to Use VRFB Technology

Chappice Lake Solar + Storage, a Canadian solar-plus-storage project, plans to use vanadium redox flow battery (“VRFB”) technology, which will be supplied by Invinity Energy Systems. The project plans to combine an 8.4MWh battery storage system with a 21MW solar array. Invinity, the Anglo-American flow battery company, will be working with Elemental Energy, the operator, owner and developer of the project, which is situated in the Alberta province. This province produces a significant portion of all the natural gas in Canada and hosts crude oil production from various sites, including its northern tar sands. It also relies on the country’s…

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

Contact us: (512) 354-7000