NewsRoom Articles - Page 145 of 187

FridayOct 08, 2021 11:14 am

Analyst Says Bull Market Still On for Precious Metals

Bull markets are perceived differently by investors focused both on the long term as well as the short term. In 2019, gold entered a bull market after exiting a basing channel at $1,370. Before that, the metal was trading for a little below $2,000 in 2011 and fell to $1,200 in 2013. After this, the metal entered a new channel in 2014, before exiting it once more in 2020. Analysts now reveal that the long-term outlook for precious metals such as silver and gold is positive, despite the recent decline in the price of precious metals in August last year.…

ThursdayOct 07, 2021 12:38 pm

StraightUp Resources Inc. (CSE: ST) Acquires Nevada Mine in Boom Zone to Expand its Footprint

Mineral property exploration company StraightUp announced Sept. 28 that it is expanding its footprint with the acquisition of a mine in Nevada’s historic Bullfrog boom zone about 125 miles northwest of Las Vegas The company recently completed high-resolution heli-borne magnetic surveys (“MAG”) on its largest properties in Ontario, and on another nearby property in a renowned greenstone belt Both regions have generated excitement among explorers as gold prices have climbed sharply during the past four years, with analysts predicting the potential for continued increases if market instability resumes during the ongoing COVID pandemic The Nevada mine is in an area…

ThursdayOct 07, 2021 9:30 am

Nuclear Power Report Sees Rosy Future for Uranium

A nuclear fuel report that was launched earlier last month at the World Nuclear Association Annual Symposium highlights that the generation capacity of nuclear energy is predicted to increase by almost 3% annually, reaching roughly 610 GWe in the next two decades. By 2030, nuclear capacity is anticipated to have reached 439 GWe. At the moment, global nuclear capacity is about 395 GWe. This report was written by Exelon Generation’s James Nevling and Tenex’s Alexander Boytsov, with input provided by more than 80 experts from the international nuclear industry. It relies on publicly available data gathered from organizations that actively…

WednesdayOct 06, 2021 1:25 pm

Power Price Fluctuations Create Opportunities for Battery Storage Investments

As more countries adopt the use of clean energies, disparities between the demand and supply are expected to drive more returns for the funds specializing in battery energy storage systems as well as for battery energy storage systems. Berenberg analysts expect that the returns of battery energy storage systems for funds such as Gresham House Energy Storage Fund and Gore Street Energy Storage Fund will remain high as a portion of their revenues are associated with power price volatility and they are dependent on the growth of electricity markets. The analysts note that both Gresham House Energy Storage and Gore…

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…

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

Contact us: (512) 354-7000