Investing
American Pacific Gains Full Ownership of Palmer VMS Project, Secures US$10 Million
American Pacific Mining (CSE:USGD,OTCQX:USGDF) has entered into an agreement to fully acquire the Palmer volcanogenic massive sulfide (VMS) project, located in Southeast Alaska, US. The deal, which is between American Pacific, its subsidiary Constantine North and Dowa Metals & Mining Alaska, involves the transfer of Dowa’s stake in Constantine Mining, the entity that is overseeing…
Russia Restricts US Uranium Exports, Retaliating to American Ban
The Russian government has imposed temporary restrictions on enriched uranium exports to the US. Announced on November 15, the move follows the US’ decision toban imports of Russian uranium. While the US legislation went into effect in August, it allows for waivers to address potential supply disruptions through 2027. The new Russian policy introduces uncertainty…
How to Invest in Chromium Stocks (Updated 2024)
Chromium is a metal for the modern age with a bright future. It is one of the more durable metals available, and is an integral component of stainless steel, which is used in infrastructure and machinery and supports construction activity around the world. The United States Geological Survey (USGS) estimates that most stainless steel contains…
Gunnison Releases PEA for Arizona Copper Project, Plans for Open-pit, Heap-leach Operation
Gunnison Copper (TSX:GCU,OTCQB:EXMGF) is shifting its development strategy for the Gunnison copper project in Arizona, US, laying out plans for a conventional open-pit and heap-leach operation. In a preliminary economic assessment (PEA), released on Thursday (November 14), the company explains that it is targeting the production of finished copper cathode for domestic consumption. The PEA…
Notice of Initial Substantial Holder – Regal Funds Management Pty Ltd
Provaris Energy Ltd (ASX.PV1, Provaris, the Company) is pleased to present the notice of initial substantial holder. Click here for the full ASX Release This post appeared first on investingnews.com
Tech 5: TSMC Gets US$6.6 Billion Biden Admin Grant, Bitcoin Price Hits New All-time High
Bitcoin reached new heights this week, then paused amid speculation about how high it could go. Meanwhile, the Biden administration finalized a multibillion-dollar deal to bring advanced semiconductor manufacturing back to the US, and a nuclear energy company backed by Sam Altman announced data center supply deals. 1. Bitcoin price reaches new all-time high Bitcoin’s…
US Plans to Triple Nuclear Power Capacity by 2050
The Biden administration has announced a strategic roadmap to significantly expand the United States’ nuclear energy capacity, setting a target to triple capacity by 2050. In a new 9-pillar framework, the Biden-Harris administration has laid out its plans to add 200 gigawatts (GW) of new nuclear energy through new reactor builds, reactivations and upgrades to…
Cobalt Price Recovery Facing Uncertainty as Battery Chemistry Shifts Erode Demand
Cobalt market watchers are warning that a near-term resurgence in prices and demand may not occur. Cobalt prices have spent most of 2024 on the decline, falling to lows not seen since 2016. Values for the electric vehicle (EV) battery metal have fallen 74 percent from highs set in 2022 (US$81,969.70 per metric ton). Prices…
How to Invest in Aluminum Stocks (Updated 2024)
There are multiple entry points for investors looking to leveraging growth in the aluminum market, which itself offers exposure to growth in many industries. Aluminum’s light weight, malleability and thermal conductivity has made it an essential base metal for a number of applications, especially in the automotive, aerospace, infrastructure and electronics. Investors interested in gaining…
Nickel Price Update: Q3 2024 in Review
Nickel saw solid price momentum in the first half of the year, benefiting from investor sentiment and speculation across commodity markets that saw surge in prices for both precious and base metals. However, price highs were short-lived as nickel supply and demand fundamentals provided pressures that saw steep declines. Among the influences has been a…