MondayOct 18, 2021 2:15 pm

Study Finds Asteroids Close to Earth May Contain Precious Metals

Data released by researchers show that one of the two metallic asteroids floating in Earth’s vicinity could contain precious minerals worth more than $11 trillion. The researchers expect that the asteroid may have more cobalt, nickel and iron than the global metal reserves combined. These metal-rich asteroids have been dubbed 2016 ED85 and 1986 DA. The findings from the study’s analysis were reported in the “Planetary Science” journal, with researchers noting that the two asteroids are potential targets for asteroid mining in the future. The popularity of space mining has increased in the scientific community as experts believe it could…

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FridayOct 15, 2021 12:00 pm

World Nuclear Association Requests Representation at 2021 UN Climate Change Conference  

This year’s United Nations Climate Change Conference is slated for Oct. 31–Nov. 12, 2021, in Glasgow, Scotland. Sama Bilbao y León, director general of the World Nuclear Association wrote a letter to the UN Climate Change Conference president highlighting the association’s concerns about the rejection of applications on nuclear energy for the Green Zone. The director urged Climate Change Conference President Alok Sharma to ensure that nuclear energy was well represented alongside other sources of energy that produce low levels of carbon, in addition to treating the energy fairly. Bilbao y León noted that doing so would be in line…

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FridayOct 15, 2021 9:00 am

StraightUp Resources Inc. (CSE: ST) Moving Toward Goal Of Becoming One Of The Biggest Mineral Exploration Companies in North America with New Acquisitions

The mining sector has suffered some setbacks, including low demand for products, fluctuating commodity prices, and a push for green initiatives Most companies have tried to cope with this by raising their total production value StraightUp, however, is making strategic acquisitions within the North American market, optimistic that strategic investments will best grow shareholder value and bring the company closer to becoming one of North America’s largest mineral exploration companies  Over the past few years, mining has suffered some setbacks, ranging from fluctuating commodity prices to the push for green initiatives. Government ascendancies have also rendered specific sectors within the…

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ThursdayOct 14, 2021 1:00 pm

Benefits of Battery Storage for Homes with Solar Power Systems

As more countries around the globe adopt the use of clean energies in an attempt to reduce global emissions, more homeowners are adding solar energy to their homes. Solar has plenty of benefits, including practical and financial advantages such as reduced reliance on fossil fuels, tax credits and decreased electric bills. Did you know, however, that having battery storage for your solar energy can also increase your bill savings? Today, we look at some of the benefits of battery storage as well as some of its limitations. Helps avoid high utility rates You may be charged high rates at particular…

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WednesdayOct 13, 2021 2:50 pm

Researchers Discover New Method That Recovers Valuable Minerals from Electronic Waste

Researchers have discovered a new method of extracting minerals from electronic waste that uses significantly less energy than current techniques, produces ecofriendly waste and can reduce the demand for mined raw materials. The method is based on the flash Joule heating method, which was designed to produce thin graphene from carbon sources such as plastic and wood. New adaptations by a group of researchers from Rice University will allow the technique to be used to recover substances including silver, gold, palladium and rhodium from waste, so they can be reused. The method works by heating the waste to 3,124 degrees…

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WednesdayOct 13, 2021 1:19 pm

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Stands Poised to Benefit from a Surge in Global Silver Demand

Rising investment demand for silver has seen several entities inaugurate dedicated warehouses set to house the precious metal Demand for silver is being led by a combination of investment demand and industrial usage, driven by resurgent demand for renewable energy resources Excellon Resources is well poised, benefitting from the ongoing production at their Platosa Mine project as well as the promising prospects for their Kilgore and Silver City deposits  The inside of a dusty six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space, currently holds around 400 tons of silver. Once complete, the vault will be able to…

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TuesdayOct 12, 2021 2:40 pm

Test, Demonstration Reactors to Play Crucial Role in Nuclear Sector Innovation

U.S. Secretary of Energy Secretary Jennifer M. Granholm has made it clear that we need to use every new and existing technologies in order to moderate the effects of climate change, which will include innovations in nuclear energy. The United States is home to some of the best nuclear innovators globally that are involved in the development of new reactor technologies that will increase access to clean and reliable energy around the globe. Since the 1960s, nuclear innovation has been sustained by R&D infrastructure at universities and labs, which includes the Idaho National Laboratory’s Advanced Test Reactor. This test reactor…

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TuesdayOct 12, 2021 11:53 am

StraightUp Resources Inc. (CSE: ST) Driving Shareholder Wealth Through Acquisition and Exploration of Select Mineral Resource Properties

StraightUp Resources’ mission is to maximize shareholder wealth and value through mineral discoveries at projects with carefully analyzed potential, focused on the acquisition, development, and exploration of mineral resource properties in North America The company completed an IPO in March 2020 and has since acquired six properties in Canada and the United States (RLX NORTH, RLX SOUTH, BELANGER, FERDINAND, BEAR HEAD, WEST CAT MINE).  Its Canadian properties are located in an area with a rich mining history and currently revealing a resurgence of gold-bearing deposits that were overlooked in the past Together with the recent acquisition of property in Nevada,…

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MondayOct 11, 2021 12:50 pm

LS Energy Launches Utility-Scale Battery Energy Storage System Units

LS Energy Solutions recently launched modular battery-storage system units for the industrial, commercial and utility-scale markets. This makes the company the most recent energy-storage tech provider to launch these complete units. Two models of the company’s energy storage systems are available for purchase. The two systems include the Energy series, which is suited for two- to four-hour applications, and the Power series, which is suited for one-hour applications. The systems are factory preassembled, using the company’s fourth-generation string inverters that are housed in an enclosure with li-ion batteries. Both the Energy and Power series systems can be supplemented by adding…

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FridayOct 08, 2021 11:14 am

Analyst Says Bull Market Still On for Precious Metals

Bull markets are perceived differently by investors focused both on the long term as well as the short term. In 2019, gold entered a bull market after exiting a basing channel at $1,370. Before that, the metal was trading for a little below $2,000 in 2011 and fell to $1,200 in 2013. After this, the metal entered a new channel in 2014, before exiting it once more in 2020. Analysts now reveal that the long-term outlook for precious metals such as silver and gold is positive, despite the recent decline in the price of precious metals in August last year.…

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