NewsRoom Articles - Page 31 of 173

WednesdayOct 16, 2024 10:00 am

German Investor Demand for Gold Drops

Over the last couple of years, Germany has observed a significant drop in retail gold investment. In 2022, the European country was the second largest market for the precious metal’s investment, generating 185 tons of net gold coin and bar demand. Last year, this figure dropped dramatically to 47 tons. In the first half of 2024, retail investors in Germany purchased only 5 tons of the precious metals. A recently conducted online survey carried out by Toluna, which involved more than 3,000 investors in Germany, sought to determine what may have affected retail investment in the last two years. The…

WednesdayOct 16, 2024 9:45 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Shows an Unusually Strong Financial Position, and Growing Signs of Rich Gold Resources, as Drilling Expands at Thundercloud High-Grade Gold Project

Dynasty has no debt and approximately 61 million shares issued and outstanding, with approx. 40% owned by insiders and long-term shareholders. The largest shareholder, owning 9.7%, is mining legend Rob McEwen, founder, executive chairman and largest shareholder of McEwen Mining Inc. The company recently launched the second phase of this year’s drilling campaign that will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024. Phase 1 drill results confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone. Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF), a…

MondayOct 14, 2024 10:00 am

In Addition to Gold, Costco Starts Selling Platinum Bars

Costco began selling 1-ounce gold bars late last year. While this was restricted to members of Costco, analysts at Wells Fargo estimate that the popular retailer sells between $100 million to $200 million in gold bars monthly. Now members of Costco can also purchase one-ounce bars of platinum at $1089.99. Platinum’s value has risen by 15% since last year, with its demand growing significantly. The silvery-white metal is resistant to corrosion, just like gold. It has many different uses, among them its use in catalytic converters for trucks, cars, and buses. This use makes up 50% of its annual demand.…

FridayOct 11, 2024 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Dedicated to Exploration of Copper as ‘Commodity for the Future’

Copper is projected to become even more important as the transition away from fossil fuels and toward renewable energy gains steam. Benefits of investing in copper include price appreciation, portfolio diversification and inflation hedging. Aston Bay is focused on exploring for high-grade critical and precious metal deposits in both Canada and the United States. Precious metals have long been investments worth considering, and as renewable energy becomes increasingly important in today’s world, metals connected to that sector will become more essential as well. Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBDF), a publicly traded mineral exploration company exploring for high-grade critical and…

FridayOct 11, 2024 10:30 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) CEO, Production Featured in Recent Episode of Mining Podcast

Company CEO is a geologist with more than four decades of experience and a PhD in petroleum geology. Trillion Energy has the SASB Gas Field in the Black Sea and an oil field on shore. Currently the company is producing an estimated 6–6.5 million cubic feet per day with projections of reaching an estimated 12–15 million cubic feet of production. Having an experienced professional run a company is essential for many reasons, and those reasons become even more profound in companies where public safety and welfare is at risk, such as an oil and gas exploration company. The benefits of exceptional leadership,…

FridayOct 11, 2024 10:00 am

IXM Reveals EV Demand for Copper Still Intact Despite Sales Slump

Despite the gradual decline in sales of electric vehicles, the growing demand for metals such as copper remains intact. EV sales have slowed for various reasons, including concerns about the resale values of the vehicles and a lack of charging infrastructure. IXM’s head of refined metal, Tom Mackay, states that the evolving market makes it harder to estimate numbers though. He explains that there are plenty of variables in the nascent electric vehicle industry, including battery chemistries and rates of penetration, which make predicting demand a game of guessing. He adds that while growth in EV sales has reduced, sales…

FridayOct 11, 2024 9:00 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Making Strong Statement in Multicommodity Mineral Space

Diversification can be an effective way to manage risk, maximize returns. Multicommodity properties provide an array of benefits that make them attractive to both individual and institutional investors. Canadian-based Renforth Resources offers a diverse portfolio of properties containing valuable commodities such as gold, copper and nickel. In today’s volatile economic landscape, diversification is a key principle in managing risk and maximizing returns. This can be especially true in the mining and natural resources sector, where fluctuations in commodity prices can significantly impact the profitability of mining projects. One effective way for investors to mitigate these risks and capture upside potential…

ThursdayOct 10, 2024 9:45 am

How AI is Transforming Mineral Discovery and Driving Efficiency

AI Transforms Mining: AI speeds up mineral discovery by analyzing large datasets, predicting drill targets, and improving operational efficiency. A McKinsey report estimates that AI could unlock $290 billion to $390 billion in annual savings for producers of key resources by 2035. Emperor Metals' Advantage: At Duquesne West, Emperor Metals used AI and DomainMCF to develop a 3D geological model, accelerating discovery and unlocking new high-priority exploration targets. As the global mining industry faces mounting pressures to boost productivity, reduce costs and minimize its environmental impact, artificial intelligence (“AI”) is emerging as a necessary evolution. A 2022 McKinsey report estimates…

WednesdayOct 09, 2024 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Releases Updated Report on Storm Copper Project Drilling Program

“The first deep drill hole of the year adds another success to the 2024 exploration program at Storm,” said Aston Bay CEO. So far this year, the drilling program has completed a total of 128 RC drill holes and 14 diamond drill holes at Storm and Tempest, exceeding the planned target. Data obtained from these drill holes will be “fed back into the model,” providing additional refinement to targeting for even better copper intercepts at depth. Accelerated drilling at the Storm Copper Project has discovered Cyclone-style copper mineralization at depth and confirmed the prospectivity of the Central Graben area, reported Aston…

WednesdayOct 09, 2024 10:30 am

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Is ‘One to Watch’

In September 2024, Foremost announced an option agreement with Denison Mines for 10 uranium projects in Saskatchewan’s Athabasca Basin. The company has aggressive exploration plans across its 330,000-acre uranium portfolio, with both shallow and deep targets. The Athabasca Basin is known for hosting some of the richest uranium deposits in the world, with strong infrastructure supporting exploration. Foremost’s partnerships with Denison Mines and local geological firms, along with its strong management team, position it well for future success. The company also holds a secondary portfolio of lithium projects, covering over 50,000 acres, providing additional long-term growth potential. Foremost Clean Energy…

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