NewsRoom Articles - Page 8 of 164

ThursdayApr 24, 2025 10:00 am

Wood MacKenzie Report Identifies Challenges to American Energy Dominance

The primary source of energy globally is oil and gas, which make up a whopping 52%. Currently, the United States is the largest producer of these resources, accounting for 25% and 20% of gas and oil output globally. Last year, America was the biggest exporter of liquified natural gas. The country has seen its production increase threefold over the past decade or so, largely because of the shale revolution which saw the production of natural gas and oil surge dramatically mainly due to the application of horizontal drilling and hydraulic fracturing techniques to extract these resources from shale rock formations.…

ThursdayApr 24, 2025 9:45 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Details Recent Achievements, Upcoming Milestones as It Advances Expanded Exploration at Montauban

ESGold has closed a C$3.4 million financing round, enabling final construction at its Montauban project in Quebec. Advanced geophysical surveys at Montauban suggest large-scale exploration upside, with parallels to Australia’s legendary Broken Hill deposit. Gold and silver production is expected to begin in Q3 2025, offering investors near-term cash flow potential. ESGold plans to publish a new Preliminary Economic Assessment reflecting current high metal prices. With gold prices at record levels, ESGold shares suggest a more affordable entry point than direct bullion investment. ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted, pre-production resource company on a clear path to near-term…

ThursdayApr 24, 2025 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Project as Global Demand for PGMs Continues to Rise

PLG’s Waterberg Project is expected to be one of the largest and lowest-cost underground PGM mines globally. The platinum group metals have a rich history and play a crucial role in various modern applications. In September 2024, an independent definitive feasibility study (“DFS”) was completed for the Waterberg Project, confirming its world-class potential. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a leading exploration and development company, is making significant strides in the development of its Waterberg Project, a large-scale platinum group metals (“PGM”) mine located in South Africa. The Waterberg Project is designed as a fully mechanized, shallow, decline-access mine…

WednesdayApr 23, 2025 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Strengthens Position Through Strategic Partnership in the Mining Sector

Aston Bay, through its joint venture with American West Metals, has entered a strategic partnership with Ocean Partners Holdings to fund and advance the Storm Copper Project in Nunavut, Canada. The agreement includes up to 80% project development financing, a binding offtake for copper and silver, and technical support, significantly de-risking the path to production. This partnership reflects a broader industry trend where strategic collaborations are essential for sustainable development, risk-sharing, and efficient project execution in the mining sector. Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) has announced a major strategic partnership and funding agreement between its Storm Copper Project joint…

TuesdayApr 22, 2025 10:00 am

Gold Crosses $3,300 Price as Trade War Intensifies

Last week, the price of gold hit a new high, with bullion per ounce exceeding the $3,300 mark. This surge reflects a growing demand for safe haven assets as investors respond to a weakening U.S. dollar and falling tech stocks. The sharp market volatility observed in the week may be attributed to a new investigation ordered by President Trump into the need for levies on critical minerals. Analysts believe this move could further escalate the ongoing global trade war, prompting more countries to retaliate with their own tariffs in response to America’s recent actions. China, one of the hardest hit…

MondayApr 21, 2025 10:00 am

Dedollarization Could Be Powering the Current Gold Boom

The price of gold rose by over 6% last week, making this one of its strongest performances thus far into the year. While geopolitical and economic instability have long influenced the demand for this precious metal, a growing trend where countries reduce their reliance on the U.S. dollar seems to be playing a role behind the current surge. Nations are diversifying reserves, inflation fears are rising, and institutional investors are turning to gold-backed assets. This shift, often referred to as dedollarization, is prompting many investors and governments to seek more independent and stable stores of value, with gold emerging as…

ThursdayApr 17, 2025 10:00 am

Demand for Copper Could Stay Subdued as US-China Trade War Persists

Copper demand may remain under pressure as trade tensions between America and China persist, dampening market optimism for the metal. Analysts warn that the ongoing dispute between the two largest economies in the world will continue fueling uncertainty, which will in turn weigh on investor confidence and global growth prospects. Research firm BMI has revised its 2025 average price forecast for the metal to $9500 per ton, a bearish outlook, citing some of the factors behind this revision as China’s struggling property sector where declining sales, investments, and prices are contributing to decreased industrial activity. ING Think shares this cautious…

ThursdayApr 17, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Taps Data Center Veteran Jonathan Martone to Guide Data Center Market Expansion Strategy

Martone will assist with evaluating and sourcing U.S. and Canadian sites, focusing on power availability, connectivity, and operational feasibility. The move reflects SolarBank’s strategy to align with AI-driven data demand and to integrate clean energy solutions with digital infrastructure. The company has reaffirmed its U.S. focus to reduce exposure to tariffs on imports from China, Mexico, and Canada. SolarBank’s recent $49.8 million deal with Qcells underpins its commitment to “Made in America” infrastructure. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in…

WednesdayApr 16, 2025 9:00 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Subsurface Imaging to Expand Montauban Project Potential

ESGold has completed data acquisition for a deep subsurface imaging survey at its Montauban Project in Quebec. The Ambient Noise Tomography (“ANT”) survey revealed imaging depths of over 800 meters—double the original plan. A 3D model integrating ANT data and historical information is in development to guide future drilling. The survey marks the first deep-sensing exploration campaign at Montauban, a fully permitted pre-production site. The company intends to begin production at Montauban in Q3 2025. Production is set to begin in the third quarter of 2025, with an initial throughput capacity of 500 tonnes per day, scalable to 1,000 tonnes.…

TuesdayApr 15, 2025 10:00 am

Gold Breaches $3,200 as Tariff Fallout Deepens

The price of gold flew past the $3200-mark last week as the trade war between China and the U.S. triggered fears of recession and the dollar’s value dropped against its peers. The trade war began when President Trump introduced reciprocal tariffs at the start of this month, a decision he claimed would protect jobs and boost domestic manufacturing while also encouraging U.S. consumers to purchase more American-made goods. The tariffs affected over 50 countries, with some introducing retaliatory levies in response. Among them was China, which introduced an 84% levy on American goods after the Trump Administration applied a 125%…

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