NewsRoom Articles - Page 21 of 29

MondayApr 28, 2025 9:00 am

Gold Bulls Make a Comeback as Reciprocal Tariffs Take Center Stage

Gold experienced intense selling pressure mid-week but the precious metal regained traction on Thursday. This came after Trump downplayed earlier reports indicating that a de-escalation of the trade war with China was imminent. He revealed that a new tariff rate could be imposed on China in the next few weeks. Markets responded with another selloff while gold reasserted its safe-haven appeal by seeing renewed buying interest. On Tuesday, gold had briefly reached $3,500 per ounce but came under a bear onslaught later in the day and on Wednesday as Trump backed off his attacks on the Fed chair Powell and…

ThursdayApr 24, 2025 11:15 am

Zacks Initiates Coverage on SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2)

Despite policy uncertainty, demand for scalable solar and storage solutions in North America remains strong, especially in commercial and community sectors, the Zacks report says. The company has a development pipeline exceeding 1 GW and is aiming to triple its owned capacity in the next two years. SolarBank is expanding from solar EPC services into independent power production (“IPP”) and battery energy storage systems (“BESS”). Disseminated on behalf of SolarBank Corporation Zacks Small-Cap Research has launched coverage of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

ThursdayApr 24, 2025 9:45 am

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Details Recent Achievements, Upcoming Milestones as It Advances Expanded Exploration at Montauban

ESGold has closed a C$3.4 million financing round, enabling final construction at its Montauban project in Quebec. Advanced geophysical surveys at Montauban suggest large-scale exploration upside, with parallels to Australia’s legendary Broken Hill deposit. Gold and silver production is expected to begin in Q3 2025, offering investors near-term cash flow potential. ESGold plans to publish a new Preliminary Economic Assessment reflecting current high metal prices. With gold prices at record levels, ESGold shares suggest a more affordable entry point than direct bullion investment. ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted, pre-production resource company on a clear path to near-term…

ThursdayApr 24, 2025 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Project as Global Demand for PGMs Continues to Rise

PLG’s Waterberg Project is expected to be one of the largest and lowest-cost underground PGM mines globally. The platinum group metals have a rich history and play a crucial role in various modern applications. In September 2024, an independent definitive feasibility study (“DFS”) was completed for the Waterberg Project, confirming its world-class potential. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a leading exploration and development company, is making significant strides in the development of its Waterberg Project, a large-scale platinum group metals (“PGM”) mine located in South Africa. The Waterberg Project is designed as a fully mechanized, shallow, decline-access mine…

WednesdayApr 23, 2025 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Strengthens Position Through Strategic Partnership in the Mining Sector

Aston Bay, through its joint venture with American West Metals, has entered a strategic partnership with Ocean Partners Holdings to fund and advance the Storm Copper Project in Nunavut, Canada. The agreement includes up to 80% project development financing, a binding offtake for copper and silver, and technical support, significantly de-risking the path to production. This partnership reflects a broader industry trend where strategic collaborations are essential for sustainable development, risk-sharing, and efficient project execution in the mining sector. Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) has announced a major strategic partnership and funding agreement between its Storm Copper Project joint…

WednesdayApr 23, 2025 9:00 am

Gold Reaches New High as Chinese Demand Spikes, Trump Attacks Fed

On Monday, gold continued its upward climb beyond the $3,300 mark to reach fresh record levels beyond $3,400 on the Comex in New York. UK bullion markets remained closed on Monday due to the Easter holiday. Bullion reached new price highs in China in what many analysts referred to as the “Chinese frenzy” for gold. Gold recorded its eighth straight high hitting $109.7 (800 yuan) for each gram. President Trump also launched an attack against Jerome Powell, the U.S. Fed chair, complaining about the Fed’s delay to make further interest rate cuts as the possibility of higher inflation increased amid…

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…

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