NewsRoom Articles - Page 147 of 203

MondayMar 14, 2022 11:35 am

Uranium Could Soon Regain Designation as a Critical Mineral

Last year, uranium was removed from the federal list of critical minerals by the U.S. Geological Survey. However, it may not be long before the government declares it critical once again. The finalized proposal submitted by the U.S. Geological Survey removed the radioactive material from the list of minerals that are considered important to economic and national security. The proposal quoted a legal requirement which stated that fuel minerals weren’t supposed to be included on the list. Soon after this, the U.S. Department of Energy (“DOE”) released a report on minerals strategy stating that it was preparing its own critical…

MondayMar 14, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Position in Ontario’s Red Lake Mining District Following Acquisition of Option to Purchase the Ranger/Otter Project

StraightUp announced having entered into a Purchase Option Agreement for a 100% dividend interest in the Ranger/Otter mining project This adds to the company’s growing property portfolio, which currently comprises the RLX North and RLX South Properties in Red Lake, Ontario StraightUp also recently received an early exploration permit for gold exploration in its RLX North property The Ranger/Otter Project addition, coupled with the early exploration permit, positions StraightUp to capitalize on the growing demand for gold, which has already surpassed $2,000 per ounce In 2020, StraightUp Resources (CSE: ST) (OTCQB: STUPF), optioned mining claims that consisted of RLX North,…

FridayMar 11, 2022 12:35 pm

Signs a Manufacturer Needs to Install a Battery Energy Storage System

Clean energy is the future, and if you can cut down on your emissions and save on costs at the same time, why not? Battery energy storage systems (“BESS”) allow firms to store energy derived from renewable sources such as solar PV and wind. But how do you, as a manufacturer, know when your facility is ready for a battery energy storage system? Below are a couple of signs that let you know it’s time to consider using a BESS. You’d like to decrease your carbon footprint Firms need to demonstrate real carbon impacts, which may require you to buy…

ThursdayMar 10, 2022 12:02 pm

Silver Imports Hit New High After Demand Increases in India

Data that was recently released by Ahmedabad Air Cargo Complex shows that imports of silver in February in India hit a new high, as imports rose to 153 metric tons in Gujarat. The last time the metal recorded import levels this significant was in 2014. While the overall price of silver remained stable, the metal’s price did rise to Rs 69,000/kg ($896/kg) in the Ahmedabad market toward the end of February. Earlier last week, silver was going for Rs 67,000/kg ($870/kg) in the Ahmedabad market. In an interview, Haresh Acharya, the director of India Bullion and Jewelers’ Association, stated that…

WednesdayMar 09, 2022 1:10 pm

Why the Price of Uranium Is Poised to Surge

Uranium prices have been on the lower end for some time now. Although nuclear power is the most reliable source of power and has the power to help us transition from fossil fuel to clean, renewable power, the mineral’s market performance has been lagging. The three major nuclear power plant accidents at the Three Mile Island in the United States, Chernobyl in the Ukraine and Japan’s Fukushima plant haven’t helped either, portraying uranium as a dangerous energy source rather than the reliable provider of clean electricity that it could be. In reality, nuclear power is one of the safest energy…

TuesdayMar 08, 2022 3:14 pm

US Invests in Battery Startups to Develop Better Technologies Than Global Rivals

More countries across the globe are implementing low-carbon policies and technologies that will help meet their electricity needs in the green economy as the fight against climate change continues. The United States has been lagging behind in this race for energy supremacy, which is why it is investing in next-generation battery companies such as Ion Storage Systems. This battery company, which was created in the chemistry lab at the University of Maryland, was recently furnished with a federal grant worth more than half a million dollars. Ion Storage is one of the first companies in the United States to develop…

MondayMar 07, 2022 11:58 am

Gold Soars as Europe Goes to War

The price of gold has increased significantly after Russian forces breached Ukraine last week. This is the metal’s highest price since 2020. This attack is affecting investor risk sentiment across the international markets and has triggered the worst security crisis in the European Union since the Second World War. The decision to attack Ukraine provoked investor flight to safe haven assets, with spot gold prices rising by almost 1% to reach $1,925.08 per ounce, an almost 15-month high. U.S. gold futures on the Comex also gained 1% to hit $1,930 per ounce. Last week, President Vladimir Putin of Russia made…

FridayMar 04, 2022 12:16 pm

U.S. Department of Energy Announces Clean Energy Strategy

The Department of Energy recently announced its strategy to secure a supply chain for clean energy. The department’s goals for nuclear are to facilitate the continued operation of existing nuclear reactors in the United States, advance the development of nuclear fuel cycles, enable advanced nuclear reactor deployment and maintain the country’s leadership in technology for nuclear energy. These strategic plans are said to be the first-ever comprehensive strategy by the U.S. government to build a diverse, resilient and secure domestic energy-sector industrial base. The plans are part of the government’s approach to revitalize America’s economy and manufacturing by securing its…

ThursdayMar 03, 2022 2:10 pm

How Battery Energy Storage Systems Can Be Protected from Fire Risks

Climate change and global warming have made it clear that we need to find cleaner, more renewable sources of energy. More than a century of heavy industry has filled the atmosphere with greenhouse gases and disrupted the planet’s natural heating and cooling cycle. With several countries across the world declaring their intent to replace fossil fuels with renewables such as solar and wind, the need for stationary power storage facilities has risen. Unlike fossil fuels, which can produce energy when needed, solar and wind are limited to weather conditions and time. You can generate a lot of solar energy during…

ThursdayMar 03, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Keeping a Close Eye on the Evolving Geopolitical Situation, and its Impact on Risk-Taking

The price of gold has increased by 6.5% to reach an 18-month high of $1,973.96 Palladium has also increased by 5.1% in value for the third consecutive month Gold is proving to be the main safe-haven asset with the growing tensions StraightUp acknowledges a change in shareholders’ willingness to take more risks but looks to capitalize on opportunities that present themselves, specifically with the increase in the price of gold Back in 2020, organizations worldwide had to deal with the pandemic and the geopolitical risk it presented. At that time, the situation affected investment and, more importantly, investors’ risk-taking appetite,…

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