NewsRoom Articles - Page 23 of 192

FridayAug 22, 2025 10:00 am

Despite Tariff Reprieve, US Copper Traders Hike Prices

A couple of weeks after President Trump announced that basic copper imports would be exempted from tariffs, major electrical wire makers in America have begun increasing their prices, suggesting that consumers may face higher costs despite a sharp decline in metal prices. In his announcement, Trump clarified that the 50% import tariff would be imposed only on manufactured goods that contain copper like cables and wires, not unprocessed refined copper as many expected. Data released by the federal government shows that prior to the announcement, domestic prices for copper cable and wire had surged greatly, with copper imports slated for…

ThursdayAug 21, 2025 1:30 pm

Silvercorp Metals, Inc. (NYSE-A/TSX: SVM) Reports Solid Production and Revenue in Q1 FY2026

Silvercorp generated $81.3 million in revenue, a 13% increase year-over-year. The company produced 2.0 million ounces of silver equivalent, including 1.8 million ounces of silver and 2,050 ounces of gold. Adjusted net income rose to $21.0 million, or $0.10 per share. Operating cash flow of $48.3 million is a quarterly record, up 21% from the prior year. The balance sheet remains strong with $377.1 million in cash and short-term investments. Capital expenditures focused on underground mine optimization at Ying and construction at the El Domo and Kuanping projects. Silvercorp Metals (NYSE American/TSX: SVM), a Canadian mining company producing silver, gold,…

ThursdayAug 21, 2025 10:00 am

US Judge Rejects Request to Block Oak Flat Land Handover to Mining Company

Last week, a judge turned down a request to prevent the federal government from handing over land in Arizona to a mining company. The request was made by various plaintiffs, including the Apache Stronghold group and the San Carlos Apache Tribe, among others. The land in question, Oak Flat, is considered sacred by Western Apache tribes and other Indigenous people and is central to their religious traditions. Oak Flat is located in the Tonto National Forest and is home to endangered Arizona hedgehog cacti as well as ocelots. In his ruling, Judge Dominic Lanza highlighted that while the land transfer…

TuesdayAug 19, 2025 11:15 am

New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Opens Rare Frontier in Bolivia’s Underexplored Silver Belt

Bolivia is the world’s fourth-largest silver producer, yet much of its mineral-rich territory remains unmapped. Less than 10% of Bolivia’s silver-rich mineral belt has undergone modern exploration. New Pacific Metals owns two of the world’s largest undeveloped silver projects: Silver Sand and Carangas. The company’s projects could potentially produce more silver annually than many of the current global producers. Bolivia’s silver story is centuries old, but for much of the modern era, its richest regions have seen limited modern exploration. New Pacific Metals (NYSE American: NEWP) (TSX: NUAG), a Canadian mineral exploration and development company, is positioning itself to change that.…

TuesdayAug 19, 2025 10:00 am

Smuggled Mercury Highlights the Magnitude of Illicit Amazon Gold Mining

Recent reports show that mercury is increasingly being used in illegal gold mining zones across the Amazon. SUNAT, a customs agency, announced that they had seized 4 metric tons of the toxic metal at the Callao Port Terminal in Peru. In a statement, the agency highlighted that the seizure prevented mercury from severely impacting the health of individuals as well as the environment, as can be observed in parts of the country where the chemical is being used for illegal mining. Mercury, a potent neurotoxin, is listed by the WHO among the top ten chemicals posing the greatest threat to…

MondayAug 18, 2025 11:20 am

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ): Advancing a Premier North American Copper District

50% joint venture interest in Ambler Metals, which controls Alaska’s high-grade Upper Kobuk Mineral Projects in one of the richest copper-dominant districts globally $24.6 million in cash as of May 31, 2025, with Base Shelf Prospectus and $25 million ATM Program in place for future funding flexibility Ongoing development of Arctic and Bornite deposits, backed by agreements with local Alaska Native Corporation for collaborative exploration Copper’s Strategic Role in Energy Transition Global demand for copper is set to rise sharply over the next decade as electrification, grid modernization, and renewable energy accelerate. The International Energy Agency estimates that copper demand…

FridayAug 15, 2025 1:15 pm

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Marks Bold Entry Into the Growing Battery Storage Market with 4.99 MW BESS in Ontario

PowerBank Corporation, a leading North American energy infrastructure developer and asset owner, has just begun installation of a 4.99 MW battery energy storage system (“BESS”) at its SFF-06 project in Cramahe, Ontario Once completed, this project is designed to deliver 4.75 MW of daily contract capacity for 251 business days annually, thereby powering Ontario’s grid with reliable, clean energy This ambitious project marks PowerBank’s bold entry into the battery storage market, a market that is projected to hit $31.2 billion by 2029, representing a 16.3% CAGR For the power supplied, PowerBank will receive a fixed capacity payment of $1,221/MW per…

FridayAug 15, 2025 12:00 pm

New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Eyes Bolivia’s Untapped Silver Potential Amid Global Supply Gaps

Bolivia, despite its rich mining history, remains one of the most underexplored silver jurisdictions due to a slow permitting process, but investors may benefit from dramatic upside if reforms advance. New Pacific Metals holds two of the most promising undeveloped silver projects globally in the country: Silver Sand and Carangas. Together, the two projects could position New Pacific among the top global primary silver producers, with potential combined output of nearly 19 million ounces annually when production begins. Backing from mining companies Silvercorp and Pan American Silver signals confidence in long-term development. As global demand for silver intensifies, largely fueled…

FridayAug 15, 2025 10:00 am

Gold Edges Up as US Inflation Data Boosts Rate Cut Expectations

The price of gold increased earlier this week after the latest inflation data reinforced expectations of the Fed reducing rates of interest. Spot gold saw its price hit $3,347.34 per ounce, representing a .1% increase. The U.S. dollar index slipped 0.3% while Treasury yields edged lower as investors positioned for potential policy easing. The greenback saw its value decrease, which made bullion cheaper for holders of other currencies. U.S. gold futures for December delivery saw the price drop to $3,399 per ounce, which equates to a 0.2% decline. The Consumer Price Index (CPI) increased by 0.2% in July after recording…

ThursdayAug 14, 2025 12:50 pm

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Positioned to Benefit from Trump Administration Price Support for US Rare Earth Projects

The Trump administration’s price support strategy represents a significant shift in U.S. critical minerals policy. Ucore Rare Metals’ flagship RapidSX technology represents a breakthrough in rare earth element separation. The strategic importance of Ucore’s capabilities has attracted substantial government investment. The Trump administration is developing a comprehensive strategy to strengthen the nation’s critical minerals production and reduce Chinese market control through guaranteed minimum pricing for domestic rare earth producers, senior White House officials revealed (https://ibn.fm/SdbJj). Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) stands uniquely positioned to capitalize on this initiative through its revolutionary RapidSX(TM) technology, which addresses critical bottlenecks in rare earth…

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