NewsRoom Articles - Page 33 of 174

WednesdayOct 02, 2024 10:00 am

US Nickel Mine Strives to Be Trailblazer in Greening Mining Operations

With the demand for minerals required to power the transition to clean energy rising, mines such as the Eagle mine find themselves in the limelight. The Eagle mine is a high-grade copper and nickel mining project, located in the Upper Peninsula of Michigan, in western Marquette County. The mine, which is operated and owned by Lundin Mining, is the sole primary nickel mine in the United States. Currently, the mine is helping meet the demand for batteries used in electric cars along with stainless steel. For some time now, the Biden administration has been promoting the mine as a project…

WednesdayOct 02, 2024 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Ideally Positioned as Hybrid-Fueled Surge in PGM Demand Creates Key Opportunity

Reuters reports that “a surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals.” While the global supply of platinum and palladium has been relatively stable, the increase in demand from the automotive sector is expected to create supply pressures. Platinum Group Metals Ltd., a prominent player in the PGM space, is well positioned to capitalize on this trend. The automotive industry’s shift toward hybrid and electric vehicles (“EVs”) is reshaping numerous sectors, including the precious metals market. A recent Reuters article highlights how this transition…

TuesdayOct 01, 2024 9:00 am

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) Has More Going For It Than Unprecedented Gold Prices

Gold prices have surged to record highs, providing a favorable market for gold exploration companies. Bullion rose to $2,634.90 an ounce and spot gold was at $2,666.99 an ounce on September 25. Emperor Metals’ flagship Duquesne West Gold Project is believed to host a historical estimated mineral resource of 727,000 ounces of gold, at a high grade of 5.42 g/t and a robust average thickness of 5.7 meters. The company’s current drill program is focusing on the open-pit concept revealed during last year’s program, with the open-pit model indicating gold potential on top of the existing high-grade underground gold resource,…

MondaySep 30, 2024 10:00 am

Why Consider Investing in Gold as It Crosses $2,600 Mark

Earlier this week, gold saw its price surpass the $2,600 mark, a new high for the precious metal. Since the start of the year, gold has performed better than the expectations of many, starting in March when its price rose to $2,160 an ounce. This latest increase in price positions the precious metal as an attractive option for those looking to get fast returns. Given that the metal’s price is already at a new high, some may wonder if it is it too late to jump on the bandwagon. Many experts believe it isn’t, with some advising that investors add…

MondaySep 30, 2024 9:45 am

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Strengthening Position in North American Mineral Exploration Space

North America’s inefficiency to attain necessary critical minerals “puts us in danger,” states a recent article from the National Review Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits In recent years, the importance of domestic mineral and metal production in North America has become increasingly evident. With the growing demand for renewable energy technologies and advanced manufacturing, ensuring a secure and reliable supply of essential minerals and metals has…

MondaySep 30, 2024 9:00 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Focused on Optimizing Natural-Gas Production in Europe, Türkiye

Current challenges, including geopolitical tensions, are driving European nations to boost local production of natural gas. Producing natural gas in Europe and Türkiye involves several challenges. Amid these challenges, Trillion Energy International is stepping up to enhance natural gas production capabilities in the region. Natural-gas production in Europe and Türkiye plays a pivotal role in the region’s energy landscape, impacting economic stability and energy security. As European countries seek to transition away from fossil fuels while balancing energy demands, the natural-gas sector remains crucial. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a Canadian oil-and-gas exploration and production company, is dedicated to…

FridaySep 27, 2024 11:15 am

Nickel Market Dynamics and the Strategic Position of Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF)

Indonesia’s shift away from Chinese nickel operations opens opportunities for Canadian companies to fill supply gaps Fathom Nickel's strategic projects in Saskatchewan position it as a key player in North America's nickel supply With nickel prices under pressure short-term, long-term demand for these critical minerals supports Fathom's promising exploration assets In August 2024, nickel prices briefly surged due to short covering and favorable U.S. economic data, but this gain was swiftly reversed as LME nickel stocks increased. This volatility highlights the complex dynamics in the nickel supply chain, influenced significantly by major players such as China and Indonesia. Despite short-term…

FridaySep 27, 2024 10:30 am

Torr Metals Inc. (TSX.V: TMET): Leading the Charge in Mineral Exploration and Pioneering New Copper-Gold Discoveries

Early-stage mineral exploration presents a unique opportunity for shareholders to invest at a low entry point, with the potential for significant returns as discoveries lead to stock appreciation, strategic partnerships, or even acquisitions by larger mining companies. Torr Metals' strategic focus on exploration aims to unlock valuable resources, driving potential for major discoveries that could deliver significant long-term growth and value for shareholders through increased asset worth and potential acquisition interest. “Our primary focus is on discovering and developing new high-quality copper and gold deposits that have the potential to deliver significant economic returns,” states CEO Mineral exploration plays a…

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…

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

Contact us: (512) 354-7000