NewsRoom Articles - Page 65 of 196

FridayJun 21, 2024 9:45 am

Historic Nickel Project Shows New Promise: Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Discovers High-Grade Mineralization

The International Energy Agency forecasts nickel demand to nearly double by 2050 due EV deployment Fathom Nickel is developing two high-grade nickel projects in Canada’s prolific Trans Hudson Corridor, with recent results from Gochager Lake providing evidence of widespread mineralization Fathom has yet to find the source of the semi-massive to massive sulphide veins at Gochager Lake, a project that Quinton Hennigh of Crescat Capital has the potential to be an economical underground mine Geologists have a fascinating way of speaking. They use terms like “gabbro” and “interstitial disseminated magmatic pyrrhotite” to describe rocks, and their discussions can delve into…

FridayJun 21, 2024 9:00 am

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Advances Expanded EV Metal Project in Ontario with Land Acquisition and Impact Studies

Ontario, Canada-based Tartisan Nickel Corp. is developing a number of mining exploration projects that will provide resources for the electric vehicle and hybrid automobile battery market Tartisan recently announced the acquisition of additional land to increase the size of its flagship project in Ontario’s Kenora Mining Division to 4,273 hectares (more than 10,500 acres) Tartisan owns two other exploration projects in Ontario and one in central Peru The company is dedicated to responsible social and environmental stewardship as nickel mining’s chain of custody comes under a growing degree of public and investor scrutiny In spite of the challenges that naturally…

TuesdayJun 18, 2024 9:45 am

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Announces High-Grade Mineralization at Historic Gochager Lake Deposit

FNICF’s recent drill program at Gochager Lake deposit showed significant high-grade mineralization Historical exploration at Gochager Lake in the 1960s set the stage for modern drilling, revealing high-grade nickel, copper, and cobalt mineralization FNICF completed 16 drill holes totaling 5,543 meters, defining a mineralized gabbro unit over 300 meters along a strike and exceeding 400 meters vertically FNICF also operates Albert Lake project, former site of the Rottenstone Mine Exploration activity at Albert Lake shows promising mineralization, part of a larger magmatic nickel system Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), a Canadian natural resource development and exploration company…

TuesdayJun 18, 2024 9:00 am

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Targets Rapid Global Growth in Nickel Demand

Tartisan Nickel Corp., a Canadian mineral and battery materials exploration and mining development company, is positioning itself to take advantage of the rapidly growing global demand for nickel This growth is primarily driven by continually developing needs in energy storage and EV applications and many low-carbon technologies Canada is currently ranked sixth in the world nickel mine production at 143,000 tons, and Tartisan expects to add to this through its flagship Kenbridge Nickel Project in Ontario The International Energy Agency projects that by 2040, the demand for nickel will increase by 40 times. This growth will be fueled by a…

MondayJun 17, 2024 10:00 am

Copper Producers Start Paying Attention to ‘Urban Mining’

For years now, manufacturers have been recycling and reusing copper. The International Copper Association estimates that roughly two-thirds of all the copper produced over the last century is still in use. The metal has been used in home appliances and electrical systems, among other applications. With experts forecasting that the need for the red metal will almost double come 2035, the need to increase these efforts is growing. Experts expect that the increased demand for the metal will be partly driven by the shift to renewable energy use, with some adding that the manufacture of cell phones as well as…

MondayJun 17, 2024 9:45 am

The Engine room of Canada’s Copper Rush: Torr Metals Inc.’s (TSX.V: TMET) Role in BC’s South–Central’s Landscape

Hudbay Minerals paying $439 million in June 2023 for 75% stake in Copper Mountain Mine exemplifies potential for Canada’s emerging “Copper Highway” Torr Metals recently expanded its land package at its Kolos Copper-Gold project in the heart of the region by 75% to 240-square kilometers Historical rock grab samples at Kolos have yielded high grades, such as 4.24 g/t Au, 0.52% Cu, and 11.3 g/t Ag, yields that company hopes will be further validated soon with the arrival of a spate of samples and survey data Canada's mining industry is booming and gaining steam, fueled by an increased focus on…

MondayJun 17, 2024 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) CEO Emphasizes the Importance of Mining Industry During Speech at NYC SME’s Annual Current Trends in Mining Finance Conference

Rob McEwen recently spoke at the NYC SME’s 9th Annual Current Trends in Mining Finance Conference, emphasizing the importance of mining in sustaining modern civilization McEwen pointed out that those opposed to mining often cite environmental concerns, but they fail to recognize the unintended consequences of shutting down industries that are fundamental to modern living McEwen offered 10 strategic recommendations to make mining relevant to the public and address industry challenges Rob McEwen, CEO of McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer in the Americas, recently spoke at the NYC SME’s 9th Annual Current…

FridayJun 14, 2024 10:00 am

Silver Riding High in Precious Metals Market

For the first time in more than 10 years, the price of silver exceeded $30 an ounce last week. The last time the metal’s price went past $30 was in 2011, when it almost hit $50. Compared to gold in percentage terms, silver seems to have performed better, despite gold’s strong bull run. Since February, the price of silver gained 44.6% while that of gold went up by some 21%. Mike Maharrey, a market analyst, explained that silver often performs better than gold in bull markets mainly because of industrial demand and higher volatility. He added that in a bull…

WednesdayJun 12, 2024 10:00 am

Major Global Economies Want End to Coal Funding by Private Sector

Major economies around the globe are focused on putting an end to coal projects receiving funding from the private sector. Coal power capacity worldwide currently stands at more than 2000 GW, with China developing an additional 500 GW. The economies want to finalize this move before the 2024 U.N. climate summit. If approved, this proposal by the Organization for Economic Cooperation and Development (OECD) would help limit funding for coal significantly. Coal is one of the largest contributors to climate change because it produces high amounts of carbon dioxide emissions when burned for energy, particularly in comparison to gas or…

TuesdayJun 11, 2024 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports Exploration Success in Storm Project Drilling Program

Drill program shows defined thick new copper zones, indicating the possibility of rapid and significant expansion The drilling program is being conducted by American West Metals Limited RC drilling will continue in the Storm area, testing geophysical targets to expand known mineralization and test potential new zones of mineralization Reverse circulation (“RC”) drilling that began earlier this year at Aston Bay Holdings’ (TSX.V: BAY) (OTCQB: ATBHF) Nunavut-based Storm Copper Project has already produced exciting results. The company is reporting that immediate exploration success defined thick new copper zones and indicated the possibility of rapid and significant expansion (https://ibn.fm/hKMIR). “It is very encouraging…

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

Contact us: (512) 354-7000