NewsRoom Articles - Page 10 of 17

MondayApr 21, 2025 9:00 am

Gold’s Rally Hits the Brakes as Investors Take Profits

The record-setting rally in the gold market paused on Thursday as many investors opted to cash in their gains just before the long weekend gets underway. Bullion lost 1% on the day, but the price stayed above $3,300 an ounce because of the escalating trade war between the U.S. and China, and the weakening dollar. Spot gold slid to $3,302 per ounce, reflecting a 1.2% drop from the $3,357 level it had reached earlier in the day. U.S. gold futures retracted to $3,315, a 0.9% loss from their peak level. Overall, gold has registered a 2% gain during the week.…

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.…

WednesdayApr 16, 2025 9:00 am

Bloomberg Intelligence Strategist Says Gold Could Climb to $4,000

Mike McGlone, Bloomberg Intelligence’s senior commodity strategist, predicts that gold’s current rally may just be the beginning of bullion’s rise and that the precious metal could be headed to a price of $4,000 for each ounce. Speaking during an interview, McGlone revealed that his prediction is premised on the observation that the stock market is in the initial stages of a bear market. This market shift, he says, supports precious metals. He adds that gold is consolidating itself around the $3,000 price point and it is just a matter of time before it enters $4,000 territory. Any price movements between…

MondayApr 14, 2025 9:00 am

Copper Rebounds After Trump Pauses Tariffs, But Concerns Remain on China Stance

Base metals, including copper, saw a sharp rebound on Thursday after President Trump announced that he was pausing the implementation of reciprocal tariffs on dozens of countries. The pause will last 90 days, he said. Despite the lull in the market fallout, a number of investors remain cautious since Trump took his trade war with China a notch higher by announcing that Chinese imports would now attract a 125% levy, up from the initial 104% previously announced. It now looks like a contest on who will cave in and blink first between these two largest economies on the globe. Copper…

FridayApr 11, 2025 11:30 am

Torr Metals Inc. (TSX.V: TMET): Strategic Exploration in Established Mining Districts

Torr Metals operates in well-endowed mining regions, surrounded by major players like Teck’s Highland Valley Copper and Copper Mountain Mining Projects are strategically located near major highways and existing infrastructure, reducing exploration costs and improving logistics Recently announced Kolos expansion with optioning of drill-permitted Bertha Property, per latest press release Nine new geophysical anomalies discovered at Filion Project Leveraging Established Mining Districts for Growth Torr Metals (TSX-V: TMET) has set itself apart in the junior mining sector by strategically positioning its projects within prolific mining districts. By surrounding itself with major industry players and existing infrastructure, the company maximizes its…

ThursdayApr 10, 2025 10:30 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Developing New 7.2 MW Solar Power Project in Upstate New York

The Hoadley Hill Rd project will operate as a community solar installation, feeding clean energy into the local grid, and is expected to power approximately 850 homes. Solar Simplified will manage customer acquisition and billing for the community solar effort, and the project may qualify for incentives under New York’s NYSERDA NY-Sun Program. To support continued growth, SolarBank has announced up to $19 million USD in equity financing from a single institutional investor. 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 09, 2025 10:30 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Is ‘One to Watch’

Canada’s Next Premier Gold & Silver Producer Fully Permitted and Funded for Near-Term Production: Construction underway soon at Montauban with gold-silver production expected in Q3 2025. Tailings-to-Cashflow Strategy: Near-term cash flow from processing historic tailings will fund exploration across the district-scale land package. Replicable Clean Mining Model: Scalable approach to legacy mine redevelopment in Canada and globally. Broken Hill Analogue: Geological and structural parallels suggest Montauban may host a larger, mineralized system at depth. Modern 3D Imaging Tech: Cutting-edge ANT survey is producing subsurface imaging beyond 800m, uncovering the potential size of the deposit. ESGold (CSE: ESAU) (OTCQB: ESAUF) is a fully…

WednesdayApr 09, 2025 9:45 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Solidifies Presence in Copper, Silver Markets with Significant Resource Estimate at Storm Copper Project

With the world’s increasing reliance on copper and silver, demand is expected to grow significantly in the coming years. The Initial MRE for Aston Bay’s Storm Copper Project reflects the company’s commitment to advancing exploration and identifying high-quality mineral deposits. The importance of copper cannot be overstated, particularly as the world faces growing concerns over securing critical mineral supply chains. Copper and silver are essential resources driving technological innovation and the global transition to clean energy. Copper is critical for renewable energy infrastructure, electric vehicles and telecommunications, while silver is indispensable in electronics, solar panels and medical devices. Aston Bay…

WednesdayApr 09, 2025 9:00 am

How Trump’s Tariffs are Impacting Offshore Oil and Gas Operators

The recently announced tariffs by the Trump administration are likely to have an adverse effect on most industries. We look at how the oil and gas industry is likely to be impacted, with the offshore activities at the Gulf of Mexico serving as a vivid example. The specific tariffs that are impacting oil and gas firms in the Gulf of Mexico include the 25% levy imposed on nearly every import from Mexico and Canada. Energy products from Canada were slapped with a 10% levy and imports from China also had a 10% levy imposed on them. Additionally, tariffs on aluminum…

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