NewsRoom Articles - Page 66 of 165

TuesdayJul 18, 2023 3:22 pm

Critical Metal-Export Controls by China Trigger Search for Alternative Supplies

Recently approved import restrictions in China on the rare metals germanium and gallium coupled with a growing risk of future restrictions on critical metal exports have revived global efforts to find alternative supplies. As the world finally begins coming out of a semiconductor chip shortage that slowed down production and increased product prices across industries such as healthcare, consumer electronics and the automotive sector, the recent announcement underscores just how delicate the critical metal supply chain is. China’s ascent to global economic supremacy over the past few decades has seen the Eastern Asian country take control of most of the…

TuesdayJul 18, 2023 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reframes Approach to Sustainable Innovation in 2023 PEA Base Case Development Strategy for Decisive Los Azules Project

McEwen’s 2023 PEA marks a turnaround from the 2017 PEA, which previously focused on the construction of a mine with a conventional mill and floatation concentrator The 2023 PEA preparation was guided by three fundamental principles: environmental footprint, reduced permitting risk, and cathode production McEwen’s management is optimistic that the new direction will draw the company closer to achieving its full and substantial potential, paying off monetarily while reducing the company’s upstream environmental impacts McEwen Mining (NYSE: MUX) (TSX: MUX), an asset-rich diversified gold and silver producer in the Americas, just announced its reframed approach to sustainable innovation for its…

MondayJul 17, 2023 3:13 pm

Nickel Gains Prominence in Carbon-Capture Efforts

Nickel is poised to play a major role in global green-energy efforts over the next couple of decades. With the effects of more than a century of global warming becoming more apparent by the day, several countries around the world have begun phasing out dirty energy sources such as coal and oil in favor of cleaner alternatives. The goal is to drastically reduce carbon and greenhouse gas emissions into the atmosphere and arrest the rate of atmospheric heating. Aside from limiting the amount of carbon dioxide emitted into the environment, carbon-capture technology will also be essential in global green-energy efforts.…

MondayJul 17, 2023 9:45 am

Third REE Feedstock Boosts Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Opportunity to Demonstrate Trademarked Processing Technology Critical to National Strategy

Ucore Rare Metals Inc. is dedicated to providing North American independence from China’s near-monopolistic control of the rare earth element (“REE”) production pipeline that supplies metals critical to modern technologies The company has developed a trademarked solution that improves on the standard process used worldwide for separating REEs from their host ores, and Ucore is demonstrating its solution’s capabilities at a Canadian facility ahead of a planned commercial operation Ucore recently announced acquisition of a U.S.-sourced light REE feedstock that will be its third REE feedstock for the demonstration plant, allowing it to compare its RapidSX(TM) solution side-by-side with standard…

FridayJul 14, 2023 12:03 pm

How the Fertilizer Market Is Shaping Up

The global fertilizer market has been in crisis since 2022 amid increasing prices and a significant supply shortfall that threatens to exacerbate food insecurity across the world. This crisis was worsened by the 2022 invasion of Ukraine by Russia as the Kremlin and Belarus are among the top producers of the key nutrients used in most conventional fertilizers. Russia is responsible for 11% and 14% of global phosphate and urea trade respectively while both countries collectively produce 41% of the world’s potash. Additionally, Ukraine and Russia collectively export 28% of nitrogen, potassium and phosphorous fertilizers. Fertilizer prices were already reaching…

FridayJul 14, 2023 9:00 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Updates Corporate Presentation; Remains Focused on Upcoming Release of Mineral Resource Estimate

Eloro Resources recently published their updated corporate presentation online The company has been focused on its holdings within the Bolivian-based Iska Iska Property since 2020, with the site holding the potential of extensive silver and tin deposits Having successfully drilled over 120 holes within the site over the past three years, Eloro are now expanding their horizon to encompass the adjoining Casiterita property Eloro Resources are targeting the release of their initial mineral resource estimate (“MRE”) report later this year Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mining company focused on developing its potential world-class Iska…

ThursdayJul 13, 2023 1:30 pm

Coal Project Funding Drops to Lowest Since 2010

A few years ago, coal use seemed to be on the decline. Several major economies had pledged to replace the dirty fuel with cleaner alternatives and were already shutting down some of their old coal-fired plants. Then Russia invaded Ukraine and plunged the world into chaos, exacerbating an ongoing energy crisis that caused prices to soar and left countries scrambling to find alternative sources of energy. The Kremlin blocking natural gas exports to the rest of Europe made the situation significantly worse and forced many European countries to return to their coal-power plants to shore up their energy supplies in…

ThursdayJul 13, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Technology Offers Best Solution for Current and Possible Future Chinese Export Restrictions

China has demonstrated their intension to weaponize access to critical metals, with restrictions on germanium and gallium scheduled for August, and rare earth metals used in permanent magnets could be next China accounts for 90% of the gallium and 80% of the germanium supply exports used in the United States and other European countries Gallium and germanium are two materials important for the production of semiconductor chips, and China’s control of the market makes it exceedingly difficult for secure production without a North American supply Ucore’s RapidSX(TM) technology utilizes similar chemistry to conventional SX and significantly improves the well-established, well-understood,…

WednesdayJul 12, 2023 5:25 pm

Resourcing Tomorrow, Accelerating the Energy Transition: Full Conference Agenda Out Now

Resourcing Tomorrow, taking place in London from November 28th to 30th has just launched the 2023 programme, dedicated to accelerating the energy transition and addressing the challenges of moving towards a cleaner, more sustainable future. Click here to download the full agenda. As we strive to obtain the commodities necessary for electric cars, wind turbines, and other new energy technologies, the world is facing complex supply issues. In our pursuit of the global net zero 2050 target, it is imperative that we find innovative solutions, and the mining industry will play a leading role in this. At Resourcing Tomorrow, experts from across the mining industry…

WednesdayJul 12, 2023 12:24 pm

Bullion Dealers Call for Clarification of State Tax Changes

Following a slew of penalty assessments by the California Department of Tax and Fee Administration (CDTFA) against bullion dealers, the California Coin and Bullion Merchants Association (CCBMA) is calling for clarification on state tax changes. California raised its exemption threshold for use and sales tax on bulk sales of non monetized silver or gold billion numismatic coins and monetized bullion after a review of data on inflation last October. Effective Jan. 1, 2023, the exemption threshold for the aforementioned taxes increase from $1,500 to $2,000. However, several bullion dealers did not adjust to the new rates, primarily due to limited…

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