NewsRoom Articles - Page 46 of 173

FridayMay 17, 2024 10:00 am

Why Japanese Are Struggling to Wean Off Coal Use

Last month, the G7 countries including Canada, the United States, Italy, Germany, France, the United Kingdom and Japan agreed to phase out coal use by 2035. While this is a commendable goal to work toward, some members of the coalition are already showing that it could be a tall order to hit that target. Japan is one such country that is likely to struggle. It has the wealth, so money is unlikely to be the issue. The country also has the technology, so the argument that it may not have the know-how is moot. For starters, Japan imports 94% of…

ThursdayMay 16, 2024 10:30 am

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Sees Developing Kenbridge Nickel Project as a Highly Cost Effective, Modest Capex Source, for Critical Mineral Market

Tartisan Nickel Corp., a Canadian mineral and battery materials exploration and mining development company, is looking to carve out a significant market share in the global nickel mining market It looks to achieve this by banking on its flagship Kenbridge Nickel Project, which has shown significant potential, as evidenced in the recent preliminary Assessment Report (“PEA”) Its management has expressed its confidence in the value of the project and the potential to expand the mine’s life, offering a rich source and modest capex compared to other deposits Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian mineral and battery…

ThursdayMay 16, 2024 9:45 am

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Is ‘One to Watch’

Tier 1 Jurisdiction: The flagship Duquesne West Gold Project is located in the heart of Rouyn-Noranda – a prolific mining district Historical Inferred Mineral Resource Estimate: 727,000 ounces of gold at a grade of 5.42 g/t and an average thickness of 5.71 meters in 4.171 million tonnes* Fully Funded Drill Program: Expected to begin in Q2 2024 and will focus on the new open pit model Strategic Investor: Rob McEwen, founder of Goldcorp, recently invested C$1M investment, now owning 8% of the company AI – Machine Learning: Used to create the first 3D and geological models in record time Long term objectives: Continue to develop the…

ThursdayMay 16, 2024 9:00 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), Other Mineral Exploration Companies Watching 2024 Budget Impact

Canada’s 2024 budget builds upon earlier commitments to mining industry, strategy Changes to the Mineral Exploration Tax Credit have potential to impact mining exploration Aston Bay, other mining companies make up Canada’s mining industry, which is a major sector of the country’s economy Last week Canada officials released the official budget, which included a mix of measures that will impact the country’s mining and mineral exploration sector (https://ibn.fm/91cP2). Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Canada’s Nunavut territory, may be impacted by the announcement, along with other Canada-based…

WednesdayMay 15, 2024 10:00 am

Three Signs Gold Is a Good Investment

Over the last two years, the economic repercussions of inflation have been felt by Americans at large. Inflation has not only led the Fed to increase rates of interest but also made it harder for everyday Americans to afford daily living costs. This has prompted many investors to seek alternative ways to protect and grow their money. Gold is one of these alternatives, given its use as a store of value and safe-haven asset for centuries now. As of September 2023, investing in gold had surged to a new high, with the metal’s price also reaching new heights. Despite this,…

WednesdayMay 15, 2024 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shows Strong Market Performance in Past 3 Months

Remarkable gain of 62.1% over the last 12 weeks, indicating strong market momentum H.C. Wainwright raised its price target to $15, reflecting a bullish outlook Strong financial health with a current ratio of 1.37 and a low debt ratio of 0.064, showcasing a robust balance sheet McEwen Mining (NYSE: MUX) (TSX: MUX) has been catching the attention of investors and analysts alike, demonstrating a robust performance in the stock market. With a significant uptick in its share price over the last 12 weeks, MUX has shown a remarkable gain of 62.1%. This trend of sustained positive momentum over time is a…

MondayMay 13, 2024 10:30 am

Torr Metals Inc. (TSX.V: TMET) Hits the Bullseye: Uncovers Multiple Untested Copper and Gold Porphyry Targets at the Highway-Accessible Kolos Project

Torr Metals (TSX.V: TMET) is excited about what it is seeing in new preliminary results from its Kolos Copper-Gold Project in British Columbia. Utilizing sophisticated geophysical techniques, the company has identified extensive anomalies stretching from mineralized outcrop at-surface to over 1.5 kilometers in depth, where there is strong potential for sub-surface extensions to copper and gold mineralization. Advanced computer modeling (3D resistivity inversion voxel model) of a recently completed ZTEM geophysical survey pinpointed these fruitful drill targets across Torr's 100% owned, 140-square-kilometer Kolos Copper-Gold Project. Excitement is particularly heightened against the backdrop of a strategic land position, as the Kolos…

MondayMay 13, 2024 10:00 am

Governor Says Largest Drug Cartel Extracting Gold in Colombian Protected Area

Governor Juvenor Diaz of Santander, a department found in the central-northern part of Colombia, has decried the illegal mining activities conducted in his area by the country’s largest criminal gang called the Gulf Clan. This drug cartel also goes by the name EGC, or Gaitanista Army of Colombia. The neoparamilitary outfit came into being after another cartel, the United Self Defense Forces of Colombia, was demobilized. The group’s interest in the Santurban moor in Santander is focused on controlling the illicit gold mining that takes place in the area. Diaz, a politician who retired after serving as a general in…

MondayMay 13, 2024 9:45 am

The Nickel Squeeze: Securing North America’s Clean Energy Future and Fathom Nickel Inc.’s (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Dominant Land Package

Nickel demand is expected to double by 2030, creating a need for North America to ramp-up domestic supply Fathom Nickel explores Saskatchewan's nickel belt, a prolific metal region with untapped potential Drilling at Fathom's Gochager Lake property has identified promising nickel mineralization at depth, while the footprint at Albert Lake has expanded to 90,000+ hectares Nickel is the silent workhorse of the clean energy revolution. Essential for electric vehicle batteries and renewable energy infrastructure, demand for this vital metal is skyrocketing. Plus, let’s not forget the expansive utility of nickel as a base metal integral to the world for centuries…

FridayMay 10, 2024 10:00 am

Gold Rises as Mixed US Economy Signals Leave Investors Divided

The price of gold rose as optimism grew that the U.S. economy could avoid a “hard landing” given the actions of the Fed to rein in inflation. Bucking a trend in which gold has seen losses on a weekly basis since February, this week saw the precious metal gain 1% at the start of the week. The jobs data released in the United States contributed to this bullishness as the statistics indicated that it was unlikely that the country would slide into stagflation, a situation characterized by high inflation coupled with minimal economic growth. Austan Goosbee, president of the Chicago…

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