NewsRoom Articles - Page 2 of 11

MondayMay 19, 2025 9:00 am

Scrap Copper to Start Moving After Trump Declared Truce with China

Scrap copper exports effectively came to a sudden halt after Trump started a trade war with China and other trading partners around the world. China imports more than 50% of the scrap copper collected in the U.S., and the prohibitive tariffs between these major trading partners made it nearly impossible for this metal to change hands. US dealers and their Chinese counterparts are frantically working the phones in order to complete deals and get scrap copper moving during the temporary truce that Trump says could end with high tariffs in case an appropriate deal isn’t agreed upon during the expected…

FridayMay 16, 2025 2:00 pm

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positions Itself for Growth Amid Palladium Market Dynamics

With its essential role in automotive, industrial and emerging technology applications, palladium is poised to remain a critical asset in 2025 and beyond. Projected palladium price ranges indicate confidence that the metal will maintain significant market value due to constrained supply and ongoing industrial necessity. Platinum Group Metals Ltd. is positioning itself as a strong player in the palladium space. As the global economy continues to evolve and diversify, investors are seeking opportunities in sectors with long-term growth potential and strong fundamentals. Precious metals, long viewed as stores of value and industrial cornerstones, are receiving renewed attention, particularly palladium. With…

FridayMay 16, 2025 1:30 pm

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Poised to Capitalize on Copper Demand Surge Driven by AI-Powered Data Centers

According to the International Energy Agency, global demand for copper from data-center development alone will more than double by 2030. Nicola Mining is well-positioned to meet this burgeoning demand through its New Craigmont Copper Project in British Columbia. The company owns 100% of the New Craigmont high-grade copper property, which has a rich history of production and significant exploration potential. As artificial intelligence (“AI”) continues to revolutionize industries, the infrastructure supporting its growth — particularly data centers — has become increasingly reliant on copper due to its superior electrical conductivity. This surge in demand for copper presents significant opportunities for mining…

FridayMay 16, 2025 12:30 pm

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Draws Additional Experience to Board Amid Ramp-up to Production

Vancouver-based gold and silver resource developer ESGold Corp. is preparing to begin production on a legacy mine restoration project at Quebec that will improve the environment while generating revenue for the company’s planned exploration project As the company prepares for transition to the production stage, it has announced the appointment of experienced junior miner builder Peter Espig to its Board of Directors Espig gained distinction by helping junior miner Nicola Mining into a cash-flowing enterprise from creditor-protection status ESGold’s Montauban Gold-Silver Project covers 265 mining claims across 13,116 hectares (about 32,410 acres) with tailings for its reclamation effort, while the…

WednesdayMay 14, 2025 9:00 am

Nickel Miners in Indonesia Decry Royalty Rate Increase, Warn of Possible Layoffs

The nickel mining industry in Indonesia has reacted negatively to the government’s increase of mining royalties from 10% to rates that vary from 14-19%. The change took effect at the start of May. The government is looking at these increased royalties as a source of needed revenue to fund the ambitious programs initiated by President Subianto. For example, he started a program to offer free meals for pregnant mothers and children. He has also established a sovereign wealth fund for the country. The minerals targeted for royalty increases include copper, bauxite, nickel, gold, tin, among others. While the mining industry…

MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

MondayMay 12, 2025 9:00 am

Copper Supplies in China Expected to Fall Further, Increasing Supply Concerns

Copper inventories on the SHFE (Shanghai Futures Exchange) are forecast to further reduce at the end of this week. The quick drop in supplies is expected to trigger a rise in prices, which could incentivize traders to resume shipping the metal to China. In April, inventories of the metal declined on the SHFE by 60% on a month-on-month basis. The end of the month saw stockpiles drop to 89,307 tons. This is the sharpest recorded drop in supplies in the history of the SHFE. Traders revealed to Reuters that they expected further declines to be announced by the close of…

MondayMay 12, 2025 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Is ‘One to Watch’

Ucore currently owns an REE mining project and an advanced separation technology. Commercial demonstration of the company’s RapidSX(TM) technology is at the commissioning stage. Ucore plans several modern REE refineries in North America, with the first SMC slated to begin construction in Louisiana in 2023. This planned REE separation and rare earth oxide production plant is scheduled to process 2,000 tons of total rare earth oxides by the end of 2024, increasing to 5,000 tons in 2026. Through its strategic partnerships with Kingston Process Metallurgy Inc., Mech-Chem Associates Inc. and other supporting contractors and vendors, Ucore is developing a North…

ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. 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 distributed and community solar…

ThursdayMay 08, 2025 9:00 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Identifies New High-Priority Exploration Zone at Montauban Project

ESGold has identified a large-scale geophysical anomaly in the southwest zone of its Montauban Project in Quebec, showing strong conductivity and magnetic signals typical of VMS (volcanogenic massive sulfide) systems. A new 3D geological model is being developed, integrating historical and modern geophysical data, and an expanded Ambient Noise Tomography (“ANT”) survey will help define the anomaly’s structure and depth. The company continues to advance toward near-term production while evaluating district-scale exploration potential and offers a relatively affordable way for investors to gain gold exposure compared to purchasing bullion at high prices. ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted,…

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