NewsRoom Articles - Page 48 of 201

TuesdayMar 18, 2025 10:00 am

Iran Doubles Down on Gold to Counter Threats by the Trump Administration

Iran has gone into overdrive in its efforts to import gold over the past months as it braces for additional hardships under the new Trump administration, which is promising a regime of “maximum pressure” for the Iranian government. Over the past decade, Iran has increasingly looked to tap the safe haven appeal of gold to contain the ever-increasing economic storms it faces coupled with international sanctions due to its nuclear program and growing regional influence. In recent months, the country has ramped up its holdings of gold from the time President Pezeshkian took over the reins in the wake of…

FridayMar 14, 2025 10:00 am

Congo Freezes Cobalt Exports to Stem Plummeting Prices

DR Congo, the largest producer of cobalt in the world, has imposed a temporary freeze on exports of the mineral in order to curb the glut which has caused prices to go into freefall. Last month, the government issued a 4-month moratorium on cobalt exports, which is essential in the manufacture of EV batteries. The temporary ban will be reviewed in three months before the next steps are announced. According to available statistics, DR Congo supplied at least 76% of the global cobalt production last year. However, the prices of this mineral have nosedived by 75% in a period of…

ThursdayMar 13, 2025 10:00 am

Physical Copper Traders are Cashing in on the Effects of US Tariff Threats

As financial markets are shaken by the constantly evolving tariff announcements from President Trump, traders of physical copper are cashing in on the rewards presented by this turmoil. The American threats of imposing import tariffs on copper have created rarely seen opportunities for traders to move copper from one part of the world to another in order to make a profit. The threats have created a rush for traders in America to import as much copper as possible before any tariffs take effect. This spike in demand has widened the gap between the price of copper on the Chicago Mercantile…

TuesdayMar 11, 2025 10:00 am

New Graphite Modeling Approach Could Expedite Licensing

Graphite plays a vital role in next-gen nuclear technology. For instance, in nuclear reactors operating at high temperatures and relying on gas cooling, graphite is used to enclose and encapsulate the nuclear fuel. This helps to improve the safety of a nuclear reactor in the event that the cooling system fails. This is the reason why vendors of nuclear energy systems are required to show that the grade of graphite they plan to use can withstand not just the heat but other environmental conditions inside a reactor. A new model that has been developed by a team at Idaho National…

FridayMar 07, 2025 10:00 am

Why it May Not Be Too Late for You to Invest in Gold

Since 2023, gold has been on a massive bull run that hadn’t been seen in years and it has hit multiple highs since then. The roaring inflation, geopolitical tensions, and other such factors have made this safe haven metal appealing to a lot of investors. With its price now hovering close to $3,000, you may be wondering whether it still makes sense to add gold to your portfolio. We discuss some reasons why it isn’t too late for you to include gold among your investments. Uncertainty in the Stock Market is Still High The beginning of March has seen uncertainty…

ThursdayMar 06, 2025 10:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Looks to Benefit from Higher Palladium Price

One industry expert projects that the price of palladium could double within the next decade. The projected increase in palladium prices bodes well for PLG. To further strengthen its strategic position, PLG has been exploring opportunities to enhance its processing capabilities. The palladium market may be poised for a transformation over the next decade, with one industry analyst forecasting a price increase. The anticipated higher price would present a promising opportunity for companies deeply invested in palladium, such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM). As an emerging player in the palladium sector, Platinum Group Metals stands to benefit…

ThursdayMar 06, 2025 10:00 am

Disruptions to Gold’s Price Reduce as Tariff Concerns Abate

Recently, there was a rush to ship gold to the U.S. amid fears that President Trump would also impose tariffs on gold exported to America. As shipments increased, a tightness in the supply of gold caused price differences to widen between the price of gold in the U.S. and the price in London and other major trading hubs. The gap in price between the quotations on the Comex in New York and the spot market in London is now leveling off from a high of $60 witnessed in January to now approximately $10 per ounce. When the price difference was…

TuesdayMar 04, 2025 10:00 am

The Philippines Moves to Ban Exports of Nickel Ore

Last month, Francis Chiz Escudero, the president of the Philippines Senate, approved a measure seeking to ban raw mineral exports. He explained that this move will boost the economy, create jobs and increase the processed minerals exported by the country. Under the plan, this ban is slated to come into force five years after the enactment of the law. The five-year timeline is intended to give players in the minerals industry ample time to set up processing facilities. This change in policy could have major implications for clean energy metals, such as nickel that are instrumental in the battery and…

FridayFeb 28, 2025 10:00 am

Gold Stutters as the Dollar Strengthens, Inflation Data Awaited

The price of gold slid to its lowest level in more than a week as the dollar gained at a time when investors are watching out for a key indicator/report that could provide some insights about the likely policy direction of the Federal Reserve over the coming months. Spot gold shed 1.2 percent to sell at $2,880 per ounce. This price marks the lowest that the precious metal has been since February 17. The drop comes after gold prices had rallied on Monday to a high of $2,956 as a result of money flowing into the gold market due to…

ThursdayFeb 27, 2025 10:00 am

Musk’s DOGE Targets Fort Knox and the Gold it Holds

For decades, conspiracy theories have swirled around Fort Knox, the heavily guarded vault in Kentucky that holds much of the U.S. government's gold. But now, these theories have gained new life thanks to billionaire Elon Musk and President Donald Trump. Over the past two weeks, Musk has raised questions about whether the gold is still there, and Trump has vowed to check for himself. On social media, Musk openly questioned the state of the gold reserves at Fort Knox, asking if it was “still there” or if it had been “stolen.” He even called for a “live video walkthrough” of…

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

Contact us: (512) 354-7000