NewsRoom Articles - Page 24 of 164

FridaySep 27, 2024 10:00 am

Gold Hits New Highs Amid Geopolitical Risk Escalation

Gold has played a crucial role in the history of humans, especially in its use as a medium of exchange and a store of value. In addition to its usage in jewelry, the precious metal is also regarded as a safe-haven asset. This makes it a good investment to hold during times of uncertainty. The yellow metal is also a good hedge of inflation. Earlier this week, the price of gold hit a new high, bolstered by a softer greenback. The precious metal’s price will be propped up by the central bank’s monetary easing cycle and the expectation of higher…

ThursdaySep 26, 2024 10:30 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Looking to Seize Opportunities in Growing Battery-Minerals, Gold Sectors

The dual focus on battery minerals and gold presents unique opportunities and challenges for Canada-based mining companies. Renforth Resources is emerging as a noteworthy player in both the gold and battery-mineral spaces. The company is actively advancing efforts through exploration activities. Canada has long been recognized as a mining powerhouse, with its vast natural resources playing a crucial role in the economy. Among these resources, gold and battery minerals are gaining prominence as global demand surges. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral-exploration company engaged in mining’s growing exploration and development space. The rise in electric-vehicle production and renewable-energy…

WednesdaySep 25, 2024 11:15 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Thundercloud Drilling Reveals Up to 24.53 g/t High-Grade Gold Intercepts

The initial phase of the 2024 drilling program, held in July, hit multiple high-grade intercepts over 2,198 meters at the company’s flagship Thundercloud property in Ontario. Assay results confirmed the high-grade mineralization discovered in 2022 and 2023 to the east of the Pelham Zone, and the presence of a strong gold system on the property. Consistent high-grade mineralization was intercepted, between 5 to 8+ g/t and going as high as 24.53 g/t, at less than 100 meters below the surface. The fall drilling campaign is set to commence before the end of September. Dynasty (TSX.V: DYG) (OTC: DGDCF), a Canadian…

WednesdaySep 25, 2024 10:00 am

Analyzing Price Dynamics of Silver

In the last couple of years, silver’s market has been characterized by huge fluctuations in price. This has caught the attention of traders as well as investors, with the metal showing potential for growth and exceptional resilience. Historically, the metal has seen dramatic spikes in its price, with its best price being roughly $50 an ounce. This was recorded in 1980. Even after corrections, silver has maintained a strong position, with its price remaining above $20 an ounce. This volatility presents both opportunities and challenges for those interested in trading this precious metal. In 2020, the price of this precious…

TuesdaySep 24, 2024 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Subsidiary Positioned in Lithium-Sulfur Battery Space

New battery technologies are being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability. Lithium-sulfur batteries could offer advantages over lithium-ion batteries, including increased range and storage capacity. Companies working in this space include Lion Battery Technologies Inc. founded by Platinum Group Metals Ltd. and Anglo American Platinum Limited. The battery of choice these days, relied on to power everything from digital devices to electric vehicles and even energy-storage systems, is the lithium-ion battery. However, lithium-ion technology has its drawbacks; consequently, other battery solutions are being developed, including lithium sulfur. Through its subsidiary Lion Battery, Platinum…

MondaySep 23, 2024 10:00 am

BHP Cautions That Copper Shortage Could Worsen as AI Booms

Copper is an effective conductor of electricity and heat, in addition to being malleable. It is used in different industries and products necessary for meeting net-zero targets, including solar farms, electric cars and power cables. BHP Group Limited, a multinational mining and metals company based in Australia, forecasts a huge increase in the demand of copper globally in the next three decades. The company, which is the biggest miner by market capitalization globally, expects that this demand shall be driven by the transition to clean energy and expansion of data centers. Artificial intelligence (AI)’s rise is expected to intensify the…

MondaySep 23, 2024 9:00 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Works to Meet Increased Energy Demand in Europe, Türkiye

Europe’s energy landscape has undergone significant changes recently, in part due to the geopolitical tensions between Russia and Ukraine. Türkiye’s energy demand is growing rapidly with an expanding economy and population. Amid this growth, Trillion Energy International has emerged as a significant player in the natural gas sector. The demand for natural gas in Europe and Türkiye is on the rise, driven by a combination of geopolitical, economic and environmental factors. As the world grapples with energy security and sustainability, natural gas has emerged as a crucial component of the energy mix in these regions. The increased demand for natural…

FridaySep 20, 2024 10:00 am

Gold Hits New Price High as Wall Street Awaits Fed Rate Decision

New reports show that the price of gold dipped slightly this week after hitting a new record of $2,617.40, based on Comex December futures. The price of silver has also risen slightly, with figures showing that the metal’s price rose to $31.23, a $0.16 increase. The Fed’s Open Market Committee meeting, which ended yesterday with a press conference and statement from Jerome Powell, the Fed’s chairman, is this week’s data point. In July, the committee kept the rate of federal funds unchanged at 5.25–5.5%, while decreasing holdings of U.S. Treasury securities. Latest figures show that thinking in the marketplace has…

ThursdaySep 19, 2024 9:45 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Boasts North American Gold Projects of High-Grade Gold Content

Dynasty Gold represents a significant investor opportunity in the secure North American gold market, holding a still small market resting on an impressive portfolio potential. The company has two 100% owned gold assets (Ontario and Nevada) in two of the most desirable mineral belts in North America. Thundercloud project hosts a measured and indicated resource of 232,000 oz at 8.04 g/t, an impressive high-grade for an open–pit mine, or 439,000 at 2.14 g/t (internal resource estimate, not NI43-101), a robust open-pit mine. The drill holes are shallow holes of less than 250 meters in length and it opens at depth.…

WednesdaySep 18, 2024 10:00 am

Russia Moves to Exploit Bolivia’s Lithium Reserves

Bolivia is home to the largest lithium deposits worldwide. Lithium has many uses, among them its use in rechargeable batteries for electric vehicles as well in energy storage. The demand for the metal is increasing as the transition to clean energy is adopted by more countries around the globe. In an effort to become a major player in the international lithium market, Bolivia recently entered into a partnership with Uranium One Group to construct a lithium carbonate plant in the Uyuni salt flats. The salt flats hold an estimated 21 million tons of the silvery-white metal. Uranium One Group is…

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