MondayOct 28, 2024 10:30 am

Tiny Island in the Caribbean Gets Windfall as AI Boom Gathers Steam

While it is common knowledge that investors in tech firms like Nvidia Corp. (NASDAQ: NVDA) are accumulating fortunes from AI, the island of Anguilla is also minting serious cash from this industry. This started at about the time ChatGPT went public and set off a frenzy among companies wishing to get websites ending in .ai. Cue in Anguilla. This British territory in the Caribbean didn’t know it had struck future gold when, by a stroke of luck, it was allocated the .ai internet address back in 1995. Each country has a unique internet address for sites located within its jurisdiction,…

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MondayOct 28, 2024 9:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Eyeing Response to U.S. Recommendation to Impose Sanctions on Russian Titanium, Palladium

The Biden administration aims to weaken Russia’s financial stability through sanctions, limiting its ability to sustain its war efforts in Ukraine. Imposing sanctions on Russian titanium and palladium would create several strategic advantages for the U.S. Sanctions on Russian palladium and titanium could be especially advantageous for existing producers and emerging palladium mining projects outside of Russia. The United States recently called on its Group of Seven (“G7”) allies to consider imposing sanctions on Russian titanium and palladium supplies, a move that, if approved, could have a profound impact on global metals markets as well as on Russia’s economy (https://ibn.fm/Q9sHS).…

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FridayOct 25, 2024 11:15 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX): Tapping into Argentina’s Growing Copper Potential

Argentina is rapidly emerging as a key player in the global mining industry, positioning itself to become a significant producer of copper and other minerals critical to the world’s clean energy transition. The country’s ambition to rank among the top ten copper producers by 2030 reflects its immense potential, driven by vast untapped mineral reserves, recent policy reforms, and a growing pipeline of mining projects. Currently, Argentina holds an estimated 75.5 million metric tons of copper reserves, representing about 3% of the global total (https://ibn.fm/XkBiO). Although this is modest compared to copper giants like Chile and Peru, Argentina’s improving investment…

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ThursdayOct 24, 2024 9:45 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Making ‘Significant Strides’ in Promising Black Sea Region

The Black Sea basin is estimated to contain significant amounts of natural gas. Being geographically closer to European markets and offering untapped potential, the Black Sea is ideally positioned to become a crucial supplier of natural gas to the area. With active projects in the region, particularly in the South Akçakoca Sub-Basin (“SASB”) off the coast of Türkiye, Trillion Energy is capitalizing on the area’s promise. In recent years, the Black Sea has emerged as a critical region for natural-gas exploration and development. As Europe seeks to diversify its energy sources, reduce dependency on Russian natural gas and transition to…

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WednesdayOct 23, 2024 9:00 am

Companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) will Capitalize on the Growing Demand for AI Resources

Artificial intelligence is rapidly reshaping the landscape of economies around the world. Estimates indicate that generative AI alone will triple its growth to a total market value of $1.3 trillion in the next decade. As most investors know by now, there is a surge in the demand for energy-guzzling data centers that are designed to develop and train AI systems. They also know that advanced semiconductor chips are at the heart of all AI technologies. However, many haven’t considered that critical minerals, such as copper, gold and silver, are vital components of this burgeoning industry. To put the skyrocketing demand…

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FridayOct 18, 2024 9:45 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Takes ‘Giant Step’ Forward with Initiation of VS Program

Velocity strings (“VS”) play crucial role in addressing a common challenge in oil and natural-gas production: the buildup of liquids in the wellbore. Trillion Energy recently initiated a VS program to enhance productivity of existing wells at SASB natural gas field. This move underscores the company’s commitment to maximizing shareholder value through operational excellence and innovative solutions. In the world of oil and natural gas production, maximizing the efficiency of well operations is critical to maintaining profitable and sustainable operations. One of the most effective ways to optimize well performance, particularly in aging or declining wells, is using velocity strings…

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MondayOct 07, 2024 10:30 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Reports SASB Gas Field Well Now in Production

Bringing a well into production involves several critical steps, including drilling, completion and the establishment of infrastructure to extract and transport the gas. Recently Trillion Energy announced that its Akcakoca-3 well at the SASB Gas Field has been put into production. Company reports that all wells but one have been put on production or flow tested to determine if gas is present and capable of production. Natural gas has emerged as a crucial component of the global energy landscape, serving as a cleaner alternative to coal and oil. For a natural gas company, such as Trillion Energy International (CSE: TCF)…

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FridayOct 04, 2024 10:30 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Positioned to Become Dynamic Player in Renowned Malartic Mining Region

The Malartic mining region is part of the larger Abitibi Greenstone Belt, one of the world’s richest mineral belts. Renforth Resources’ strategic presence in Malartic underscores the company’s commitment to tapping into the region’s abundant resources. In addition to its exploration work in Malartic, Renforth Resources is also actively involved in projects elsewhere in Quebec and Ontario. The region of Malartic, located in Quebec, Canada, is synonymous with gold mining. Since the early 20th century, Malartic has been a cornerstone of Canada’s mining industry, playing a pivotal role in the development of the province’s rich mineral resources. Renforth Resources (CSE:…

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FridayOct 04, 2024 9:45 am

Copper-Gold Mining Sector Set to Gain as Torr Metals Inc. (TSX.V: TMET) Announces $600K Private Placement Amid Interest Rate Cuts

Torr Metals' $600,000 private placement is strategically aimed at advancing its Filion Gold Project in Ontario, positioning the company to capitalize on rising metal prices driven by the U.S. Federal Reserve’s rate cuts, a move that benefits the Company’s diversified gold and copper portfolio. The funds will support ongoing exploration at Filion, where promising untested kilometer-scale gold-in-soil anomalies and drill-ready targets present strong discovery potential adjacent to the Trans-Canada Highway. Investors can participate through both flow-through shares, which offer tax benefits, and non-flow-through units with the added upside of future gains through warrants, making it a compelling opportunity to back…

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ThursdayOct 03, 2024 9:00 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Launches Second Phase of 2024 Drill Campaign at Flagship Thundercloud Property

The second phase of Dynasty’s drill campaign will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024, and will focus on testing the West Contact Zone, south of Pelham. Phase 1 drill results confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone. Typical intercepts at the property ranged between 50m and 160m averaging between 1 and 8.4g/t gold with narrower, higher-grade intervals of 3m to 12m between 10 to 65 g/t. The company is preparing an additional drilling phase late 2024 or early 2025 to…

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