NewsRoom Articles - Page 41 of 173

MondayJul 08, 2024 10:00 am

Growing Gold Demand Leads to Delinking from Traditional Relationships

The price of gold this year has increased significantly, even going as far as to record new highs in May. The precious metal has continued defying conventional market correlations with equity markets and the U.S. dollar, as investors in America increase their physical buys. During this period, we have also observed steady demand of gold from China and strong purchases from central banks as well. Customs data from China demonstrates a 34% increase in metal purchases in the first quarter of the year over 2023. Shanghai premiums are going for about $48 an ounce, which indicates strong demand. While most…

FridayJul 05, 2024 10:00 am

New Report Discusses Graphite Market’s Prospects Between 2024–2035

A recently released report has provided crucial insights into the graphite industry, focusing on its applications, future projections and current market trends across various industries. Graphite is a mineral needed for the green transition, with current demand growing in markets such as renewable energy storage and electric vehicles. The mineral has different properties, including the fact that it is a good conductor of electricity and heat. Graphite also maintains strength and firmness up to temperatures of over 3600o C. In addition, it is corrosion resistant. Graphite is used in various industries, including powder metallurgy, steelmaking, automotive, flame retardants, solar and…

WednesdayJul 03, 2024 10:00 am

LNG Failing to Dent Coal’s Position in China’s Energy Mix

Many have touted the use of liquefied natural gas (LNG) as a way to reduce the use of coal to help decrease emissions. Below, we look at LNG’s role in reducing coal use in China, which is the biggest consumer of coal globally. Generally, there is minimal evidence to support arguments that imports of liquefied natural gas into China will hugely impact coal usage in power generation. This is mainly because of the several reasons: China mainly relies on domestically produced resources Policies that were recently implemented to promote domestic production of natural gas were also geared toward limiting dependence…

MondayJul 01, 2024 10:00 am

Study Finds Toxic Traces in Biosolid Fertilizers

A new study has determined that fertilizers manufactured from treated wastewater may contain harmful organic chemicals. The study looked into the chemical makeup of biosolids in North America and could assist regulators in identifying compounds that need to be examined more carefully. Biosolids are used extensively as fertilizers in various areas, including golf courses and agricultural lands. They may, however, bear traces of industrial chemicals, fragrances and pharmaceuticals that could pose a risk not only to human health but also to the environment. The investigators, led by assistant professor Carsten Prasse of Johns Hopkins University, conducted an analysis of 16…

MondayJul 01, 2024 9:00 am

Copper Exploration Heats Up as Torr Metals Inc. (TSX.V: TMET) Announces More Discoveries at Kolos Project

As demand for copper strengthens, Torr Metals continues to expand its highway-accessible Kolos Cu-Au-Mo project in south-central British Columbia Torr released results from rock sampling and a comprehensive ZTEM survey that further validated earlier findings and discovered new mineralization at the Vik Zone With six zones now identified and 10 greenfield areas in tow, Torr Metals is poised for a potential new major copper porphyry discovery, solidifying its position as an emerging key player in a region known for giant mineral deposits The global demand for copper, a vital metal used in everything from electrical wiring to renewable energy technologies,…

FridayJun 28, 2024 10:00 am

India’s 2023 Coal Consumption Eclipsed Combined European, North American Use

The consumption of energy globally in 2023 increased greatly, with crude oil and coal pushing fossil-fuel emissions to new heights. The consumption of coal in India stood at 21.93 exajoules, which equals about 748 million tons of coal equivalent (Mtce). This figure was significantly greater than the usage in Europe and North America combined. The latest data from the statistical review of global energy 2023 conducted by the Energy Institute shows that Europe consumed 286 Mtce while North America used 310 Mtce in 2023. China is by far the largest consumer of coal, making up 56% of total consumption worldwide;…

ThursdayJun 27, 2024 9:00 am

Anticipated Imbalance in Gold Supply & Demand, Portends Market Boon for Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Exploration Project

The demand for gold continues to increase while new resource supply remains scarce, creating the potential for a supply chain imbalance in the future Emperor Metals is a Canada-headquartered explorer, working to develop a storied resource in southwest Quebec that contains an estimated mineral resource of 727,000 ounces of gold identified at a grade of 5.42 g/t Au The company’s flagship project exhibited new possibilities in 2023 when Emperor discovered the potential for a large-scale open pit above a high-grade underground gold deposit Emperor followed on last year’s landmark development with an 8,000-meter drill program into the deposit launched last…

WednesdayJun 26, 2024 10:00 am

Gold Stocks Look Set for Bullish Movement

For a month now, gold miners’ stocks have been falling, chipping away at traders’ enthusiasm. This is usual for the metal around this period before it surges even higher, which means traders have the opportunity to add undervalued gold stocks to their portfolios before the metal’s price increases. Up until mid-May, VanEck Gold Miners ETF performed strongly, increasing in price by more then 44% in under three months. Other stocks performed just as strongly, which increased overbuying. When the month ended, however, VanEck’s ETF fell from its 200-day moving average of 1.25x to 1.09x. This means that overbuying has reduced,…

MondayJun 24, 2024 10:30 am

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Set to Develop New Open Pit Potential at Flagship Gold Project

Emperor Metals is growing the historic mineral resource of 727,000 ounces of high-grade gold at 5.42 g/t Au and an impressive 5.71 m avg thickness Emperor used artificial intelligence and machine learning to create the first 3D & geological model last year, leading it to discover potential for extending an open pit mine above the high-grade underground lenses on which it had previously focused The company has approximately $4 million in working capital to advance its project toward an updated mineral resource later this year Mobilization on an 8,000-meter drill program, coupled with an 8,000-meter core sampling project in the…

MondayJun 24, 2024 10:00 am

Gold Price Registers Uptick as Softer American Data Raises Rate Cut Possibility

Recently released economic data from the United States indicates that consumer spending may be constrained at the moment. This comes after the U.S. Department of Commerce released a report showing that last month’s retail sales improved in comparison to data from April. The report has facilitated an increase in the price of gold and led many to speculate that the Fed may soon reduce interest rates, after it stated in the last meeting that the present monetary policy was appropriate. During this period, the U.S. dollar index dropped by .05% to 105.27. Additional data also showed improved industrial production last…

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