NewsRoom Articles - Page 22 of 183

TuesdayJun 10, 2025 10:00 am

Texas Governor Signs Bills Promoting Oil and Gas, Bolstering Economic Growth

This past week saw Governor Greg Abbott of Texas enact measures that would promote economic growth and support the natural gas and oil industry in the state. Giving a statement at his office, Abbott asserted that this was a critical moment for the future of the state as well as the Permian Basin. The Permian Basin is a sedimentary basin known to hold vast oil and natural gas reserves. It is located in west Texas and the southeastern region of New Mexico. This basin has over 7,000 fields and spans over 86,000 square miles. It makes up almost 15% of…

FridayJun 06, 2025 12:45 pm

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Stands Out in Booming Gold Market, Offers Strategic Investment Avenue

The gold market’s current dynamics underscore the metal’s enduring appeal Lahontan Gold boasts a portfolio of four gold and silver projects located in Nevada’s prolific Walker Lane LGCXF’s management team comprises seasoned professionals with extensive experience in mineral exploration, project development and corporate finance LGCXF recently named as “one of the best gold developers in Nevada” In an era marked by economic volatility and geopolitical tensions, gold has reasserted itself as a premier safe-haven asset. Gold prices have soared to unprecedented levels, surpassing $3,400 per ounce, driven by factors such as trade disputes, inflationary pressures and global uncertainty (https://ibn.fm/1Z7sV). This bullish…

FridayJun 06, 2025 11:15 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Tests Potential for Streamlining Tailings Process, Offering Important Cost and Environment Benefits

ESGold is a gold and silver company preparing for production later this year at a tailings reclamation site in Quebec abandoned by the previous operator The gold and silver resource developer expects to concentrate on reprocessing the tailings for the near-term to extract mica and any remaining gold and silver, anticipating that the resulting mica concentrate will be useful in a wide variety of building and roadwork materials ESGold plans to build revenue through the reuse project, which can then help fund planned exploration at its Quebec property covering 13,116 hectares (about 32,410 acres) The company is currently conducting testing…

FridayJun 06, 2025 10:00 am

Gold Edges Up as the Dollar Weakens and Trade Tensions Rise

The start of the week saw the price of gold increase by over 2% as economic uncertainty, geopolitical tensions and a weakening dollar continue to fuel the demand for safe-haven assets. The precious metal’s appeal has been amplified by global events that are keeping investors wary of riskier assets. Gold is often seen as a store of value during periods of instability, a trend that’s been clearly evident these last few weeks. Periods of geopolitical tension, coupled with a low-interest rate environment, have historically been favorable for gold’s performance. As such, this current climate is proving beneficial to the yellow…

ThursdayJun 05, 2025 10:00 am

The Ultra-Wealthy Are Opting for Singapore for Safe Storage of Their Gold

Singapore has increasingly become a top destination for those wishing to safely store their gold as geopolitical and economic uncertainty continues to bolster interest in the precious metal. One facility has, in particular, caught the attention of the uber-wealthy. The Reserve, as it is referred to, is a secure vaulting facility located just a few kilometers from the Singapore Changi Airport. The facility has many private vaults as well as thousands of safe deposit boxes and is fortified by tight security. It is estimated that its precious metals repository holds gold and silver bars valued at about $1.5 billion. Gregor…

ThursdayJun 05, 2025 9:00 am

Silvercorp Metals Inc. (NYSE American: SVM) (TSX: SVM) Is ‘One to Watch’

Fiscal 2025 marked record revenues of nearly $299 million, with silver production of 6.9 million ounces and 11% year-over-year growth in silver equivalent output. The company maintains industry-leading margins with an all-in sustaining cost of $12.12 per ounce of silver over the last 12 months, reinforcing its position as a low-cost producer. The company maintains a strong balance sheet with over $369 million in cash and a strategic equity portfolio, ensuring financial flexibility for future growth. The company launched construction of its fully funded El Domo copper-gold mine in 2025, with production expected by the end of 2026. Silvercorp has…

TuesdayJun 03, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 6.9 MW Community Solar Project in Nova Scotia

SolarBank has announced it will develop a 6.9 MW Brooklyn solar project, located in Nova Scotia and expected to power approximately 900 homes, under Canada’s first Community Solar Program. The initiative supports Nova Scotia’s target of 80% renewable energy by 2030 and net-zero emissions by 2035. AI Renewable Fund owns the project; SolarBank serves as developer and builder. Construction is scheduled to begin in Spring 2026 and complete by Summer 2026, with total development cost estimated at $13.9 million. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

TuesdayJun 03, 2025 10:00 am

New Battery Tech Could Revolutionize Aviation

The electric car revolution has gained significant momentum in the recent years as countries around the world continue to phase out fossil fuels in favor of renewable energy. While the adoption of electric cars has made impressive strides, the aviation industry has lagged. The lack of growth in battery technology in this particular sector may be attributed to bulky Li-ion batteries and the fact that battery tech is currently unable to meet the power demands of airliners. For flights to be completely battery-powered, the power density of Li-ion batteries would need to be increased to 1000 watt-hours per kg. While…

MondayJun 02, 2025 10:40 am

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF): Strategically Positioned in British Columbia’s Critical Minerals Boom

A projected $3.5 trillion energy transition is creating a critical-minerals boom, driving exceptional mining investment opportunities. Among Nicola’s strengths are its portfolio of assets and strategic locations, with its flagship project situated adjacent to Canada's largest copper mine. As BC's only third-party ore mill, Nicola is based on a capital-efficient revenue model that generates immediate cash flow and minimizes share dilution. As global demand for copper, gold and silver surges amid the clean-energy transition, Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) has established a unique dual-revenue model in Canada's mineral-rich British Columbia. With the province's only permitted third-party processing mill and…

FridayMay 30, 2025 10:00 am

Industry Executives Expect American Offshore Oil Production to Increase

Recent figures released by the Bureau of Ocean Energy Management and the U.S. Energy Information Administration estimate considerable increases in offshore oil production over the next few years. These forecasts reflect growing optimism within the industry and point to a strong future for American offshore energy development. The agencies attribute this projected growth to a combination of factors, including technological advancements, sustained capital investments, and streamlined permitting processes. These developments could be further accelerated during a potential second term of Donald Trump, whose administration has previously demonstrated a commitment to expediting approvals for oil and gas projects on federal lands.…

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

Contact us: (512) 354-7000