NewsRoom Articles - Page 29 of 188

TuesdayMay 20, 2025 10:00 am

Legendary Investor Ray Dalio Injected $319m into Gold in Q1

In recent weeks, the price of gold has experienced a significant drop, with analysts suggesting that investor sentiment has rapidly shifted, potentially contributing to the precious metal’s selloff. Despite the volatility, some major players are taking renewed interest in this precious metal, among them is billionaire investor Ray Dalio. Dalio, the co-chief investment officer of Bridgewater Associates, has once again made a bold move into gold. Updated filings with the SEC show that over a million shares of SPDR Gold Shares were bought by Bridgewater during the first quarter of 2025. These holdings are valued at almost $319 million, marking…

FridayMay 16, 2025 2:00 pm

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positions Itself for Growth Amid Palladium Market Dynamics

With its essential role in automotive, industrial and emerging technology applications, palladium is poised to remain a critical asset in 2025 and beyond. Projected palladium price ranges indicate confidence that the metal will maintain significant market value due to constrained supply and ongoing industrial necessity. Platinum Group Metals Ltd. is positioning itself as a strong player in the palladium space. As the global economy continues to evolve and diversify, investors are seeking opportunities in sectors with long-term growth potential and strong fundamentals. Precious metals, long viewed as stores of value and industrial cornerstones, are receiving renewed attention, particularly palladium. With…

FridayMay 16, 2025 1:30 pm

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Poised to Capitalize on Copper Demand Surge Driven by AI-Powered Data Centers

According to the International Energy Agency, global demand for copper from data-center development alone will more than double by 2030. Nicola Mining is well-positioned to meet this burgeoning demand through its New Craigmont Copper Project in British Columbia. The company owns 100% of the New Craigmont high-grade copper property, which has a rich history of production and significant exploration potential. As artificial intelligence (“AI”) continues to revolutionize industries, the infrastructure supporting its growth — particularly data centers — has become increasingly reliant on copper due to its superior electrical conductivity. This surge in demand for copper presents significant opportunities for mining…

FridayMay 16, 2025 12:30 pm

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Draws Additional Experience to Board Amid Ramp-up to Production

Vancouver-based gold and silver resource developer ESGold Corp. is preparing to begin production on a legacy mine restoration project at Quebec that will improve the environment while generating revenue for the company’s planned exploration project As the company prepares for transition to the production stage, it has announced the appointment of experienced junior miner builder Peter Espig to its Board of Directors Espig gained distinction by helping junior miner Nicola Mining into a cash-flowing enterprise from creditor-protection status ESGold’s Montauban Gold-Silver Project covers 265 mining claims across 13,116 hectares (about 32,410 acres) with tailings for its reclamation effort, while the…

FridayMay 16, 2025 10:00 am

Gold Sees Red as US-China Trade Tensions Start Easing

This week saw the prices of gold and silver futures drop as more reports showed that the U.S. and China’s trade war was easing. July silver prices dropped to $32.44 while June gold declined to $3222.50. The trade war was first reignited when President Trump imposed a 10% tariff on all Chinese imports earlier in February. The tensions were further fueled by the introduction of Trump’s ‘liberation day’ tariffs, which collectively affected America’s trading partners, with some rates hitting as high as 50%. China was the hardest hit, with American tariffs on Chinese imports hitting 145%. In response, China increases…

ThursdayMay 15, 2025 10:00 am

Geopolitical Risks, Dropping Prices are Shaping the Energy Storage Market

The energy storage sector is undergoing a transformative shift, with lithium iron phosphate (LFP) batteries taking center stage. Experts speaking ahead of the upcoming NetZero Milan Expo-Summit 2025 emphasize that LFP’s growing dominance has been driven by advantages such as enhanced safety, longer lifespan, reduced costs, and consistent performance. Daniel Fuchs of EUPD Research noted that the growing scale of utility-based storage projects is also fueling advancements in storage density and scalability. Giuseppe Artizzu, CEO of NHOA Energy, pointed out that while recent improvements in battery design have largely plateaued, the introduction of larger cells could lead to new innovations…

TuesdayMay 13, 2025 10:00 am

Baker Hughes Says Oil, Gas Rigs in the US Have Reduced Significantly

A recent report by energy technology company Baker Hughes reveals that U.S. energy firms have slashed the number of active oil and natural gas rigs to their lowest levels since the beginning of the year. According to the report, the number of oil rigs fell to 474, while natural gas rigs remained unchanged. This week’s drop lowers the total rig count by 4% compared to the same period last year. Significant reductions occurred in key regions. The largest oil-producing shale play in the country, the Permian Basin, saw the number of active rigs fall to 285. In the Gulf of…

MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

MondayMay 12, 2025 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Is ‘One to Watch’

Ucore currently owns an REE mining project and an advanced separation technology. Commercial demonstration of the company’s RapidSX(TM) technology is at the commissioning stage. Ucore plans several modern REE refineries in North America, with the first SMC slated to begin construction in Louisiana in 2023. This planned REE separation and rare earth oxide production plant is scheduled to process 2,000 tons of total rare earth oxides by the end of 2024, increasing to 5,000 tons in 2026. Through its strategic partnerships with Kingston Process Metallurgy Inc., Mech-Chem Associates Inc. and other supporting contractors and vendors, Ucore is developing a North…

FridayMay 09, 2025 10:00 am

Gold Rallies as Dollar Loses Strength, China Expands Gold Trading

Last week saw the price of gold hit $3,400 per troy ounce as the dollar saw its value diminish, driven by growing concerns over geopolitical tensions and shifting global trade dynamics. Despite the closure of the London Bullion Market and Shanghai Gold Exchange for May Day celebrations, the rally in gold prices continued worldwide, reflecting increased investor demand for safe haven assets. Adding to the momentum, China announced a significant step in expanding its influence over global gold markets. The country will now allow bullion stored in global vaults to be settled against gold trading contracts on the Shanghai Gold…

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