NewsRoom Articles - Page 19 of 191

FridaySep 12, 2025 10:00 am

Spending Cuts, Job Losses Put US Oil Production Increases at Risk

Thousands of workers in the American oil industry have lost their jobs as the industry works to reduce its expenditure due to dropping oil prices. This comes as OPEC and its allies strive to increase production to grow their market share which was previously lost to the U.S. and other producers in the last couple of years. Just last week, OPEC+ agreed to increase production from next month by 137,000 barrels daily. These increases have negatively affected global oil prices, which have dropped by roughly 12% thus far into the year. Experts believe that a drop or plateau in America’s…

ThursdaySep 11, 2025 10:00 am

Gold Exceeds $3600 as the USD Weakens Further

Earlier this week, the price of gold exceeded $3,600 an ounce as the greenback’s value dropped to a 6-week low. Spot gold saw its price surge to $3,621 an ounce, representing a 0.8% increase. This comes as America records the weakest growth in jobs in over a decade. Following the release of the disappointing non-farm payrolls data, the expectation of 3 rate cuts by the Federal Reserve by the end of the year increased to 74%, from the 40% recorded just a few days prior. The Dollar Index also slipped to its lowest since July 25th as markets assessed growing…

TuesdaySep 09, 2025 10:00 am

Gold Reaches Highest-Ever Price as Economic Uncertainty Deepens

During times of global instability, gold traditionally shines as a safe haven for investors. Over the last 12 months, the price of this precious metal has increased by almost one-third, exceeding $3,550 an ounce a couple of days ago. Much of this demand is driven by investors seeking security, some of whom are primarily investing in gold by buying bullion in the form of coins, ingots, jewelry or bars. This isn’t for everyone though, as others prefer to trade financial products instead. Here, the focus is on exchange-traded funds that track the precious metal’s price and the buying selling of…

TuesdaySep 09, 2025 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Powers North American Rare Earth Independence with Decade-Long Greenland Supply Deal

The LOI sets the stage for a potential decade of supply from Critical Metals’ Tanbreez project in southern Greenland. The Louisiana facility is being designed as a first-of-its-kind rare earth separation plant capable of processing both light and heavy rare earths at commercial scale. The timing of this agreement is particularly significant given the surging demand for rare earths globally. A decade-long supply agreement linking Greenland’s vast rare earth deposits with Louisiana’s growing role as a U.S. processing hub is poised to shift the balance of critical mineral independence in North America. Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has signed a…

MondaySep 08, 2025 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Seizes Opportunities amid Rising Global Platinum Jewelry Demand

The global demand for platinum jewelry is experiencing a notable resurgence, with China leading the charge. Forecasts indicate that total platinum supply in 2025 will be the lowest in five years. Platinum Group Metals is strategically advancing its Waterberg Project, a bulk underground platinum, palladium, rhodium and gold deposit located in South Africa. In 2025, platinum is experiencing a renaissance in the global jewelry market, driven by a surge in consumer interest, particularly in China (https://ibn.fm/GWs1J). This uptick in demand is not only revitalizing the jewelry sector but is also influencing the broader platinum market, affecting supply dynamics and pricing. Platinum Group…

FridaySep 05, 2025 12:00 pm

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ): Advancing Critical Minerals in Alaska’s Ambler Mining District

Trilogy holds a 50% interest in Ambler Metals LLC, advancing the high-grade Upper Kobuk Mineral Projects (“UKMP”) in Alaska’s Ambler Mining District The Arctic deposit hosts 46.7 million tonnes of probable reserves grading 2.11% copper, supported by a 2023 feasibility study with a $1.5 billion pre-tax NPV Recent Preliminary Economic Assessment at Bornite outlines resources with the potential to extend mining operations at the UKMP beyond 30 years Global demand for critical minerals is rising sharply as electrification, renewable energy, and emerging technologies accelerate. Copper has become central to this transition, with demand projected to outpace supply for decades. Many…

FridaySep 05, 2025 10:30 am

PowerBank Corporation’s (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) 5.7 MW North Main St Project Clears Interconnection Study, Moves Toward Permitting

The 5.7 MW North Main St solar project in upstate New York is expected to qualify under the state’s VDER compensation mechanism, with a first-year average rate of $0.0971/kWh. Once operational, the community solar project will provide energy equivalent to 670 homes. PowerBank has more than 100 MW of projects built and a development pipeline exceeding 1 GW. New York remains a central market, targeting 6 GW of solar capacity by 2025 under its Climate Leadership and Community Protection Act. Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of…

FridaySep 05, 2025 10:00 am

Texas Beats California in Electricity Generation

The energy sector in the state of Texas outperforms California when it comes to generating electricity, with higher reliability and lower prices. While this is commendable, the government interfering with the sector may see so many of these benefits come undone. By both economic output and population, California and Texas are the biggest states in the country. Despite this, their energy policies are vastly different. While renewable energy produced by California is higher as compared to that produced by Texas, the former’s grid is more prone to black outs. On the other hand, residents of Texas benefit from steady power…

FridaySep 05, 2025 9:45 am

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Advances Exploration at Québec Site While Boosting Capitalization

Canadian near-term producer LaFleur Minerals is developing an exploration property with 18,304 hectares (45,230 acres) of gold-potential at its Swanson Gold Project, which is located in the heart of the Abitibi Greenstone Belt close to Val-d'Or, Québec, a globally renowned gold district The company has undertaken funding initiatives recently to raise capital for its operations As part of an ongoing 5,000 metre program at Swanson, LaFleur has already completed seven diamond drill holes on the project, three of which had been sampled, sawn, and sent to the assay laboratory as of early last month The company has also filed an…

ThursdaySep 04, 2025 11:15 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances RapidSX Technology to Revolutionize Rare Earth Processing

RapidSX is a patent-pending, column-based solvent extraction technology that offers a transformative leap over traditional methods. The Strategic Metals Complex in Alexandria, Louisiana, serves as the proving ground for RapidSX technology. Ucore’s RapidSX technology has undergone rigorous testing and independent evaluations, consistently demonstrating superior performance. In the race to secure a sustainable and independent supply of rare earth elements (“REEs”), Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) stands at the forefront with its groundbreaking RapidSX(TM) technology. This innovative approach to REE separation promises to significantly enhance processing efficiency, reduce environmental impact and bolster the United States’ position in the global rare earth supply…

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