NewsRoom Articles - Page 44 of 200

TuesdayApr 22, 2025 10:00 am

Gold Crosses $3,300 Price as Trade War Intensifies

Last week, the price of gold hit a new high, with bullion per ounce exceeding the $3,300 mark. This surge reflects a growing demand for safe haven assets as investors respond to a weakening U.S. dollar and falling tech stocks. The sharp market volatility observed in the week may be attributed to a new investigation ordered by President Trump into the need for levies on critical minerals. Analysts believe this move could further escalate the ongoing global trade war, prompting more countries to retaliate with their own tariffs in response to America’s recent actions. China, one of the hardest hit…

MondayApr 21, 2025 10:00 am

Dedollarization Could Be Powering the Current Gold Boom

The price of gold rose by over 6% last week, making this one of its strongest performances thus far into the year. While geopolitical and economic instability have long influenced the demand for this precious metal, a growing trend where countries reduce their reliance on the U.S. dollar seems to be playing a role behind the current surge. Nations are diversifying reserves, inflation fears are rising, and institutional investors are turning to gold-backed assets. This shift, often referred to as dedollarization, is prompting many investors and governments to seek more independent and stable stores of value, with gold emerging as…

ThursdayApr 17, 2025 10:00 am

Demand for Copper Could Stay Subdued as US-China Trade War Persists

Copper demand may remain under pressure as trade tensions between America and China persist, dampening market optimism for the metal. Analysts warn that the ongoing dispute between the two largest economies in the world will continue fueling uncertainty, which will in turn weigh on investor confidence and global growth prospects. Research firm BMI has revised its 2025 average price forecast for the metal to $9500 per ton, a bearish outlook, citing some of the factors behind this revision as China’s struggling property sector where declining sales, investments, and prices are contributing to decreased industrial activity. ING Think shares this cautious…

ThursdayApr 17, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Taps Data Center Veteran Jonathan Martone to Guide Data Center Market Expansion Strategy

Martone will assist with evaluating and sourcing U.S. and Canadian sites, focusing on power availability, connectivity, and operational feasibility. The move reflects SolarBank’s strategy to align with AI-driven data demand and to integrate clean energy solutions with digital infrastructure. The company has reaffirmed its U.S. focus to reduce exposure to tariffs on imports from China, Mexico, and Canada. SolarBank’s recent $49.8 million deal with Qcells underpins its commitment to “Made in America” infrastructure. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in…

WednesdayApr 16, 2025 9:00 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Subsurface Imaging to Expand Montauban Project Potential

ESGold has completed data acquisition for a deep subsurface imaging survey at its Montauban Project in Quebec. The Ambient Noise Tomography (“ANT”) survey revealed imaging depths of over 800 meters—double the original plan. A 3D model integrating ANT data and historical information is in development to guide future drilling. The survey marks the first deep-sensing exploration campaign at Montauban, a fully permitted pre-production site. The company intends to begin production at Montauban in Q3 2025. Production is set to begin in the third quarter of 2025, with an initial throughput capacity of 500 tonnes per day, scalable to 1,000 tonnes.…

TuesdayApr 15, 2025 10:00 am

Gold Breaches $3,200 as Tariff Fallout Deepens

The price of gold flew past the $3200-mark last week as the trade war between China and the U.S. triggered fears of recession and the dollar’s value dropped against its peers. The trade war began when President Trump introduced reciprocal tariffs at the start of this month, a decision he claimed would protect jobs and boost domestic manufacturing while also encouraging U.S. consumers to purchase more American-made goods. The tariffs affected over 50 countries, with some introducing retaliatory levies in response. Among them was China, which introduced an 84% levy on American goods after the Trump Administration applied a 125%…

FridayApr 11, 2025 11:30 am

Torr Metals Inc. (TSX.V: TMET): Strategic Exploration in Established Mining Districts

Torr Metals operates in well-endowed mining regions, surrounded by major players like Teck’s Highland Valley Copper and Copper Mountain Mining Projects are strategically located near major highways and existing infrastructure, reducing exploration costs and improving logistics Recently announced Kolos expansion with optioning of drill-permitted Bertha Property, per latest press release Nine new geophysical anomalies discovered at Filion Project Leveraging Established Mining Districts for Growth Torr Metals (TSX-V: TMET) has set itself apart in the junior mining sector by strategically positioning its projects within prolific mining districts. By surrounding itself with major industry players and existing infrastructure, the company maximizes its…

FridayApr 11, 2025 10:00 am

Copper Prices Retreat as Trade War Unnerves Markets

A couple of weeks ago, the price of copper was soaring as America stockpiled ahead of its recently announced tariffs. Major players like Trafigura and Mercuria even forecasted that prices could hit $12,000 per ton. Following the announcement of the reciprocal tariffs by President Trump though, the red metal’s rally reversed into a fully-fledged crash, with investor concerns that the new tariffs will negatively influence global demand for copper increasing. The crash was further fueled by Beijing announcing that it’d levy a 34% tariff on all American imports starting April 10. Shares for major mining firms like Rio Tinto, BHP…

ThursdayApr 10, 2025 10:30 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Developing New 7.2 MW Solar Power Project in Upstate New York

The Hoadley Hill Rd project will operate as a community solar installation, feeding clean energy into the local grid, and is expected to power approximately 850 homes. Solar Simplified will manage customer acquisition and billing for the community solar effort, and the project may qualify for incentives under New York’s NYSERDA NY-Sun Program. To support continued growth, SolarBank has announced up to $19 million USD in equity financing from a single institutional investor. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in…

ThursdayApr 10, 2025 10:00 am

Germany Mulls Shifting its Gold Reserves from the US Amid Trade War

President Trump’s recent policies have many countries considering the relations they have with America. Recently, he introduced reciprocal tariffs that target 57 countries, with rates soaring to 50%. The tariffs went into effect on April 5th, with each nation having to pay a 10% tariff at a minimum. Now Germany is considering moving its gold reserves from the U.S. Federal Reserve. This is quite a change, considering the European country has stored this precious metal in New York for decades. Germany raked in riches after the second world war when its exports rose significantly, leading to huge trade surpluses. The…

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