NewsRoom Articles - Page 153 of 190

ThursdayAug 12, 2021 2:05 pm

A “Time Lapse” View of the Silver Mining Steps

Silver has had many applications in the past, its use in jewelry for millenniums to its use in powering the current new tech innovations and the green energy transition. The metal, which has the greatest electrical conductivity in comparison to all other metals, is also used in 5G devices, circuit boards, electric vehicles, electrical contacts and solar panels, among other devices. For all its uses and applications, the full process of extracting the mineral isn’t well known. We discuss this extraction and refining process of this metal, which is growing in demand, below. Silver, like most metals, is found in…

WednesdayAug 11, 2021 2:45 pm

EU Regulators Boost the Renewables Sector

The European Commission, which is the regulatory arm of the European Union (“EU”), has modified the regional block’s energy law with an aim of setting targets for the use of sustainable forms of energy in the heating, cooling and transportation sectors. The new plan mandates member states to reduce the emissions from new vans and cars by 65% before the end of 2035 when compared to the levels of emissions registered in 2021. Thereafter, countries are expected to cut emissions by 100 percent in comparison to the levels of 2021. The enhanced emissions law also came with additional rules asking…

TuesdayAug 10, 2021 1:45 pm

PwC Says Higher ESG Scores Correlate with Superior Mining Stocks Performance

Earlier in June, Andries Rossouw of PwC Africa Mining released a statement noting that during the peak of the coronavirus pandemic, mining companies with higher environmental, social and governance (“ESG”) ratings surpassed the broader market to deliver a 34% average total shareholder return, which is 10 points higher than the general market index. Companies with higher ESG ratings are showing stronger long-term performance in market and shareholder value, as they continue to attract premiums on low-carbon inputs and benefit from capital access at lower interest rates. This data was obtained from the annual review of the top-40 mining companies compiled…

MondayAug 09, 2021 2:45 pm

Poll Forecasts Increase in Price of Gold Before Plateauing in 2022

Last week, Reuters conducted a poll with results predicting that the price of gold would average slightly above its present level of $1,830 per ounce for the remainder of this year before declining in 2022, as central banks begin to tighten their monetary policies and the global economy recovers. The price of this precious metal, which is historically considered to be a good store of value and a safe haven by investors, hit record highs of more than $2,000 per ounce at the onset of the coronavirus pandemic before dropping as economies reopened. Carsten Menke, an analyst from Julius Baer,…

FridayAug 06, 2021 1:20 pm

The Royal Mint Finds More Young Investors Interested in Gold Investments

The Royal Mint recently released a statement reporting that it had observed a fivefold increase in the number of young investors partaking in gold investment. The Royal Mint, which produces coins for the United Kingdom and is fully owned by the Treasury, stated that young investors who were attracted to its new digital platform were focused mainly on gold investment. These investments are financed by gold that is stored in the mint’s vaults. Gold is popular among investors across the globe, especially during times of uncertainty, such as during the coronavirus pandemic. This is mainly because it is considered to…

ThursdayAug 05, 2021 1:45 pm

IDTechEx Report Finds Interest in Vanadium Growing Even as Alternatives Hit the Market

The vanadium redox flow battery (“VRFB”) is the first battery of its kind to be commercialized and is gaining popularity in the global energy storage system market. The most recent report on redox flow batteries by IDTechEx show that redox flow batteries will be adopted extensively in the near future, as interest in it grows. The large adoption of redox flow battery systems doesn’t imply that lithium-ion batteries will cease to exist in the market but that both systems will be addressing different needs. IDTechEx expects lithium-ion batteries to primarily be used for short-duration storage, noting that the range addressed…

WednesdayAug 04, 2021 3:00 pm

Rising Metals Prices Trigger Renewed Interest in Zombie Mines

A mine located in Bosnia and Herzegovina may soon resume silver production, after a more than three-decade hiatus, following years of civil unrest. Paul Cronin, CEO of Adriatic Metals Plc, which is the mining company that will be handling this project dubbed the Vares project, reveals that the silver mine could begin production by next year’s end. This is part of an emerging trend that involves resuming operations in “zombie” mines that halted production due to various reasons including political unrest, owner bankruptcy or weak prices. In an interview, Cronin, a former investment banker, stated that some of these mines,…

TuesdayAug 03, 2021 2:00 pm

US Report Forecasts Demand for Nuclear Microreactors

The Global Market of Microreactors report centers on the potential of microreactors and the future international microreactor market, evaluating their potential deployment and unique capabilities in certain international markets in the period between 2030 and 2050. The report observes that the coming years will see a growing demand for nuclear microreactors in key markets around the world. The study utilized various techniques to analyze rising market trends and rank markets in more than 60 nations, including newcomer countries and current users of nuclear energy in order to obtain various potential demands. Microreactors are sometimes called nuclear batteries and are a…

MondayAug 02, 2021 3:00 pm

Analysts Forecast Precious Metals Shortage in Near Future

Analysts expect that in the near future, the global mineral market may experience a shortage of metals followed by a sharp increase in metal prices. The analysts explain that the shortage will be driven by the globally growing popularity of energy storage systems and electric cars as well as the increase in demand for clean sources of energy. Estimates released by the International Energy Agency state that by 2040, the demand for lithium will have grown by more than 40 times, while that for nickel and cobalt would have increased by 20 times in the same time frame. Other precious…

FridayJul 30, 2021 2:55 pm

Experts Say Inadequate Mineral Refining Capacity Could Jeopardize Renewable Energy Agenda

Earlier in April, the Biden Administration revealed its plans for renewable energy, which require mining projects that increase the country’s access to the minerals needed to build solar panels, wind turbines and electric cars. However, its decision to postpone orders that allow for mineral development on Alaskan land and another to halt a land swap that would allow for copper to be mined on sacred Apache land has been heavily criticized by Republicans in the country. While many believe that not expanding the country’s mining during the energy transition in order to increase competition with China on the critical mineral…

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

Contact us: (512) 354-7000