NewsRoom Articles - Page 149 of 173

ThursdayMar 18, 2021 1:25 pm

Australian Indigenous Group Introduces Scorecard to Rate ESG Performance of Mining Companies

The Wintawari Guruma Aboriginal Corp. (“WGAC”) recently publicized its plans to issue a scorecard that rates miners in Western Australia on how well they observe the ESG (environmental, social and governance) standards. The scorecard focuses on the following elements: ESG reporting, relationships with native title holders, caring for the environment, regulatory compliance and heritage surveys. The company speaks for the Eastern Guruma area, which is located in the Pilbara region and is rich in iron ore. The company hopes that its idea will highlight the importance of ESG standards for both the public as well as investors. This development comes…

WednesdayMar 17, 2021 2:50 pm

Uranium Energy Corp. (NYSE American: UEC) Chairman and Former U.S. Energy Secretary: A Renaissance Coming for Nuclear Energy Under New Administration

Currently, nuclear power is the nation’s 2nd largest source of electricity production, providing 20% of the nations’ total generation As a result of its carbon-free, emission free attributes, nuclear power is likely to grow with the new Administration’s clean energy initiatives, including those supporting a transition to more EV’s Nuclear energy is America’s largest source of carbon-free energy and its largest source of baseload power that isn’t a fossil fuel source UEC has a near-term production profile of 4 million pounds U3O8 per year via its low cost, environmentally friendly In-Situ Recovery (“ISR”) projects in Texas and Wyoming With every…

WednesdayMar 17, 2021 2:30 pm

NASA Looking into How Metals, Water Can Be Mined on Moon

As space exploration starts to concentrate on landing on the surface of other celestial bodies, in-situ resource utilization (“ISRU”) is becoming a prevalent topic. ISRU is focused on designing items that are required to support an exploration mission. These items are made using easily accessible materials that can be found at exploration sites. NASA’s Institute for Advanced Concepts program (“NIAC”) recently began looking into various ISRU projects that will be included in its Phase I Fellows program. One of the projects that was chosen, which was led by University of Texas’ Dr. Amelia Grieg, developed a mining technique that would…

WednesdayMar 17, 2021 10:53 am

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Sees Unique Advantage as Junior Mining Company

Gold reached historic highs in 2020, is predicted to surpass $3,100 per ounce by 2026 Mining companies are worth value of their reserves; GOH has seven promising projects in play GOH is committed to spending responsibly, incentivizing management for success GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is a junior gold mining company based in Canada that acquires and explores mineral resource properties. The company has acquired seven advanced gold projects in the Maricunga Gold Belt in Northern Chile, with four of those categorized as high-priority sites. GoldHaven seeks to identify and capitalize on valuable precious metal projects in…

MondayMar 15, 2021 3:11 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Joins with Neo Performance Materials to Create New Rare Earth Supply Chain Spanning North America and Europe

Energy Fuels, Neo join in initiative that will strengthen, diversify U.S. and European rare earth supply chains In 2021, UUUU will ship mixed rare earth carbonate to Neo’s plant in Europe, where it will be separated into commercial value-added product Partnership marks first time in two decades that monazite ore from U.S. will be used to manufacture separated rare earth materials outside of China Energy Fuels (NYSE American: UUUU) (TSX: EFR) has joined with Neo Performance Materials (TSX: NEO) in a new rare earth production initiative that spans North American and European critical material supply chains (https://ibn.fm/YnEYB). The initiative, which calls for…

MondayMar 15, 2021 2:45 pm

British Columbia Report Shows Increase in Mineral Exploration Expenditure

EY, a global consultancy firm, recently released its annual British Columbia Mineral and Coal Exploration Survey 2020 report. The report discovered that the exploration price index surged by 26% by August 2020, despite the almost 11% decline in global exploration expenditures. The report notes that while base metals such as copper fluctuated and recorded the highest declines in exploration spend, gold continued to dominate around the globe. Despite experiencing a marginal decline, the exploration expenditure of Canada remained in third place, following South America and Australia in global rankings. This report also found that exploration spend across the British Columbia…

FridayMar 12, 2021 3:15 pm

Tsingshan Holding Deal Causes Nickel Prices to Decline on London Metal Exchange

Last week, the price of nickel in London declined by more than 8% while the price of the metal over in Shanghai plunged to nine-month lows after an important deal by Tsingshan Holding, a Chinese firm, relieved concerns of supply shortages of battery-grade nickel. Expectations of a surge in demand from the electric vehicle sector had led to the benchmark prices for the metal trading at six-year highs with many expecting a shortage of the metal as a result. Earlier in February, Tesla CEO Elon Musk had stated that his company’s top concern was a steady supply of nickel. Prior…

FridayMar 12, 2021 12:59 pm

Asia Broadband Inc. (AABB) Envisions Establishing its AABB Gold Token as a Trusted Medium of Global Exchange

Asia Broadband Inc. entered into an advanced collaboration with Core State Holdings Corp. for the production of its white-label gold-backed cryptocurrency coin AABB announced CSHC is moving through the final stages of testing of the iOS and Android AABB Wallet applications The company is working on a robust marketing campaign with CSHC for the expansion of the AABB Gold token, the AABB Wallet, and the brand as a whole Asia Broadband (OTC: AABB) is a company engaged in the production of natural resources, and subsequently the supply and sale of base and precious metals, mainly to the Asian markets. Asia…

ThursdayMar 11, 2021 2:39 pm

Uranium Energy Corp. (NYSE American: UEC) Positioned to Produce Low-Cost Uranium for Carbon-Free Nuclear Energy

IAEA report notes that an adequate supply of uranium will be vital as nuclear power continues to provide an important source of the world’s carbon-free energy “Undiscovered resources must be converted to discoveries, which must then be developed in a timely matter,” report concludes UEC is focused on expanding uranium production while developing a pipeline of low-cost resources for major ongoing growth A recent analysis of the world’s uranium supply by the International Atomic Energy Agency (“IAEA”) states that nuclear power will be a primary source of energy for the world in the coming years — assuming an adequate supply…

WednesdayMar 10, 2021 2:30 pm

Surging Protectionism May Threaten Natural Resources Sector

A study conducted recently found that nations that are rich in natural resources have become more protectionist in the last year as the COVID-19 pandemic threatened their economies. The study, which was published last week by Verisk Maplecroft, a risk consultancy firm, found that over the course of last year, 34 nations had observed a considerable growth in resource nationalism, with the coronavirus pandemic only aggravating an existing trend toward government intervention. Maplecroft discovered that of the 34 nations, 18 of them were dependent on the hydrocarbons or minerals they export; the firm forecasted that the isolationism threat would only…

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