NewsRoom Articles - Page 94 of 214

FridayFeb 02, 2024 12:58 pm

Recent Price Pullback Reaffirms Gold’s Bullish Trend

After several months of surging prices and rising investor interest, gold prices suffered a pullback during a recent sell-off. Fortunately, the pullback seems like a minor dip in gold’s bullishness that was driven mostly by modest gold futures selling. Similar periodic flares of bearishness are critical to keeping sentiment balanced as commodities such as gold experience an upleg. The precious metal has trended bullish for the past several months, thanks to increased investor interest in its safe-haven appeal. With the ongoing Gaza crisis triggering fears of a wider conflict that could impact global oil prices, investors are increasingly turning to…

ThursdayFeb 01, 2024 2:24 pm

Study Suggests Coal Could Find New Uses in Semiconductors

Researchers from the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) have found that coal may have applications in the electronics industry. NETL researchers have discovered a way of using coal in the semiconductor supply chain that could open the door to an era of 2D materials semiconductors. The research team created ultrathin insulating films using coal that have shown significant potential as an insulating material for 2D semiconductors. Silicon semiconductors have been used to build transistors for electronic devices for well over half a century. As the world’s demand for smaller and more powerful semiconductors has increased, so…

WednesdayJan 31, 2024 12:31 pm

Jewelry Auction Window Ends on a High

The fall jewelry auction season in Chicago and New York is drawing to a close with major dealers such as Hindman, Bonhams, Christie’s and Sotheby’s enjoying relatively impressive sales. Despite unfavorable global conditions and the extended ban on Russian diamonds, many players are satisfied with the fall season’s sales numbers. Benjamin Goldberg from diamond dealer William Goldberg in New York says dealers saw “generally nice” sales and plenty of goods exchanging hands. He notes that diamond and diamond jewelry had a “pretty impressive market” and adds that while the season saw valleys and peaks, sales were on the upside by…

WednesdayJan 31, 2024 10:30 am

GEMXX Corp. (GEMZ) Sequire Presentation Demonstrates Major Competitive Advantage with Control of the Mining Value Chain

GEMXX recently presented at the Sequire Investor Summit 2024, showing how their dgreater control of the mining value chain represents a significant competitive advantage The company shared its knowledge and expertise in all stages of its production, including gold mining, gemstone (Ammolite) production, jewelry manufacturing, and global distribution GEMXX continues to control all stages of its production, which enables it to manage its mining value chain and support its mine-to-market strategy According to a McKinsey report, mining companies that manage their value chain well can establish a significant source of competitive advantage and value creation GEMXX (OTC: GEMZ), a company…

MondayJan 29, 2024 1:14 pm

Copper Market Turns Bearish as Demand Falters

Funds have begun adopting increasingly bearish stances on copper as the market reels from the sudden loss of 600,000 tons of expected copper supply. Most experts and the copper market itself expected to produce a surplus of copper in 2024, but the unexpected loss of more than one-half a million tons of copper supply threw the market into a sudden deficit. In late 2023, the Panama government instructed a Canadian mining and metals company to shut down its lucrative Cobre Panama copper mine after the country’s Supreme Court invalidated its operating license. The mine was responsible for 1% of the…

FridayJan 26, 2024 12:25 pm

Looming Supply Deficit Could Make Copper Outperform Gold in 2024

American Pacific Mining Corp CEO Warwick Smith has revealed that copper could outperform gold in 2024 due to a looming supply deficit. Gold has made significant gains in recent months as the ongoing Gaza crisis increased fears of a broader war in the oil-production region and pushed more investors to the precious metal. However, Smith noted during a recent Kitco News interview that supply issues in the copper supply chain could help the metal outperform gold. Smith said that while gold will remain an important product in American Pacific Mining Corp’s lineup, copper is his “favorite metal for the moment”…

FridayJan 26, 2024 9:00 am

GEMXX Corp. (GEMZ) Continues on Path to Disrupt Gold and Gemstone Industries

GEMXX recently provided an update to shareholders outlining its 2023 milestones and expansion plans for 2024 and beyond In 2023, the company acquired a 50% interest in Crazy Horse Mining Inc. (“CHMI”), a Canadian exploration company whose assets include 100% interest in two gold projects in British Columbia GEMXX, in collaboration with CHMI, completed the clean-out of the Snow Creek property and recorded positive results showing that the processing of the stockpile yielded 0.929 ounces of gold per 100 cubic yards The company has engaged independent experts to complete S-K 1300 reports on its gold and Ammolite assets to enable…

ThursdayJan 25, 2024 3:07 pm

Researchers Say a Worldwide Inventory of Mines is Needed

Mining is a necessary industry, especially since we depend on everything from sand and iron to gravel and copper in the modern world. Even with the shift to the use of cleaner energies as we work to reduce our CO2 emissions globally, we know very little about what goes on in this crucial industry around the globe. Experts believe that the lack of strong data on different aspects of mining operations and the absence of a comprehensive inventory of mines around the globe may be obstructing efforts for sustainability in this sector. A recent article published in the “Nature” journal…

WednesdayJan 24, 2024 2:56 pm

Last Year Saw Coal Exports, Power Generation Reach Record Levels

London-based environmental think tank Ember has revealed that global coal exports and coal-fired power generation reached record highs in 2023 despite worldwide efforts to reduce coal use. The nonprofit think tank found that for the first time, thermal coal exports exceeded a billion metric tons as nations across the globe increasingly used coal to generate electricity. Coal-fired power generation reached 8,295 terawatt hours (TWh) by October 2023, increasing by 1% from the same period the previous year and making history as the highest amount of coal-fired electricity on record. Ship-tracking data from Brussels-based data and analytics company Kpler shows that…

WednesdayJan 24, 2024 9:00 am

GEMXX Corp. (GEMZ) Provides Updates on Progress to Acquire 50% Interest in Yukon Gold Project Property as Part of Long-Term Asset Expansion Plan

GEMXX in September signed a binding letter of intent to acquire a 50% interest in the historic Yukon Gold Project, which holds 2,210,660 ounces of proven gold resources, and potentially holds a total of 4 million ounces of gold The company recently updated the progress made in the review and verification of previously completed exploration work as part of the due diligence process to purchase the Yukon Gold Project property GEMXX is also assessing the data to determine whether other minerals and/or rare earth elements are also commercially viable on the property The move to acquire the Yukon Gold Project…

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