NewsRoom Articles - Page 56 of 210

ThursdayApr 03, 2025 10:00 am

Gold Hits New Record as Tariff Fears Make Investors Jittery and Global Stocks Tumble

Uncertainty about the Trump administration’s plan with tariffs has seen the American stock market experience shocks since the start of last week, with many waiting to see how economic growth and inflation are impacted. April 2nd, dubbed the Liberation Day by President Trump, shall see reciprocal tariffs being imposed on imports from other countries. Trump argues that this will free America from reliance on foreign goods and bring manufacturing jobs back to the country. In particular, he revealed that he planned to place a 25% tariff on car imports, with tariffs on auto parts being applied by next month. In…

TuesdayApr 01, 2025 10:30 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Secures $7.3M Deal for Camillus Solar Project

SolarBank announced the sale of a 3.26 MW Camillus Solar Project to Solar Advocate Development LLC. The project will be built on a closed landfill and provide renewable energy to local subscribers. The project was awarded $1.06M in state incentives awarded under the NY-Sun Program. This marks the eighth project SolarBank has developed for Solar Advocate since 2018, and is the latest in a series of recent solar projects and battery storage systems the company has been developing. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

TuesdayApr 01, 2025 10:00 am

Gold Continues its Bullish Movement, Closes in on $3,100 Price

The price of gold has risen significantly over the last couple of weeks, trading at $3077.30 per ounce by the end of last week. Thus far this month, the metal’s price has risen by 8%, with analysts expecting that it could end the quarter with a 17% increase. Gold has historically been viewed as a hedge against inflation and economic uncertainty. Previous rallies in gold prices have often coincided with periods of high geopolitical risk, inflationary pressures, or recession fears. One senior market analyst at Trade Nation, David Morrison, argues that investors need to be cautious at this moment, though.…

FridayMar 28, 2025 10:00 am

Goldman Sachs Bumps Up its 2025 Year-End Forecast for Gold to $3,300

Goldman Sachs increased its forecast for the price of gold indicating that it could reach $3,300 for every ounce by the close of this year. To back their revised prediction, the bank mentioned the increasing investment inflows into gold ETFs and the surging gold purchases of central banks around the world. This latest forecast was made by Daan Struyven and Lina Thomas, both analysts at the bank. Last month, the pair revised the bank’s earlier forecast and upgraded it to $3,100 and now they have raised it yet again. Their note published on Thursday explains that they had previously expected…

ThursdayMar 27, 2025 10:00 am

Gold Mining Stocks See Renewed Interest as Gold Prices Soar

Investor interest in firms extracting gold is ticking up as the precious metal’s price climbs to new highs. This renewed investor interest is stemming the recent tide in which money was flowing out of gold extraction companies. Gold miners saw reduced investor interest when rapidly-rising inflation caused operational costs, such as fuel and labor, to accelerate rapidly. The increase in operational costs squeezed the margins of mining firms. However, the uptick in gold prices over more than a year has resulted in gold mining firms enjoying improved profit levels. Reuters reports indicate that investment firms with a focus on gold…

ThursdayMar 27, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Solar Portfolio with Two New Projects in Upstate New York

The Jordan Rd, Gainesville project will have a capacity of 7.2 MW DC, while the Glen Rd project will have a capacity of 4.3 MW DC. The projects are expected to provide electricity to approximately 1,350 homes. Both projects will operate under New York’s community solar model, allowing residents to benefit from solar energy without installing panels. Solar Simplified will manage customer-facing operations, ensuring smooth implementation and subscription management. These projects further enhance the company’s development pipeline that exceeds one gigawatt. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner…

WednesdayMar 26, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) CEO Richard Lu Discusses Company Mission, Near-Term Goals on Bell2Bell, Quick Charge Podcasts

As a vertically integrated company, SolarBank has a full-service solar integration and support offering, handling development, construction, and ownership, Lu said. The company’s current pipeline includes solar, battery storage, and EV charging projects, totaling over 1 gigawatt of capacity across Canada and the U.S. SolarBank is currently developing four large-scale battery energy storage systems – three in Ontario and one in New York. CEO Richard Lu explained why battery energy storage plays an essential role in the modern electricity grid, helping address renewable energy intermittencies and ensuring enhanced reliability of supply. The company currently owns approximately $180 million in assets…

TuesdayMar 25, 2025 10:00 am

Copper Miners in the US Eye Making a Comeback Amid Rising Demand

Copper demand in America is projected to double over the coming decade, but the U.S. currently doesn’t have the needed production capacity to address this anticipated demand unless interventions are instituted to make it easier for new mines to start operating. President Trump seems to be aware of this constraint, and on Thursday he signed an Executive Order to boost mineral production in the U.S. In that executive order, Trump acknowledges that overbearing regulation at the federal level had eaten away at the country’s ability to produce minerals despite having enormous mineral resources that can fuel prosperity, create jobs while…

TuesdayMar 25, 2025 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Helping Pioneer Lithium-Sulfur Battery Technology

Lithium-sulfur batteries offer compelling benefits over lithium-ion. PLG has positioned itself at the forefront of lithium-sulfur battery innovation through its subsidiary, Lion Battery Technologies Inc. The company has achieved significant milestones in the lithium-sulfur battery sector. The global demand for efficient, high-capacity energy storage solutions has intensified, propelling advancements in battery technology to the forefront of scientific and industrial innovation. Among the emerging contenders, lithium-sulfur (“Li-S”) batteries have garnered significant attention for their potential to surpass traditional lithium-ion systems. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a company operating in the PGM space, stands as an innovator in this…

FridayMar 21, 2025 10:00 am

Newly Discovered Supergiant Deposit of Gold Could Yield Over $80 Billion

Late last year, Chinese state media revealed that a ‘supergiant’ gold deposit of very high quality was found in central China. Its estimated worth is approximately $83 billion and it could well be the largest ever gold reserve discovered. For comparison purposes, this Chinese reserve exceeds what has previously been documented as the largest reserve, the one in South Africa at the South Deep Mine projected to contain about 900 metric tons of gold. The Chinese deposit is said to contain at least 1,100 metric tons of the precious metal. While some experts aren’t so certain about the mineral estimates…

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