July 2023 - Page 4 of 4 - MiningNewsWire

FridayJul 07, 2023 9:45 am

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Is ‘One to Watch’

Reunion Gold is a leading gold explorer in South America’s Guiana Shield, a highly prospective and relatively underexplored region. The company’s Oko West Project in Guyana comprises a prospecting license with an area of approximately 44 square kilometers and is 100% held by Reunion through its local subsidiary. Guyana is recognized as a mining-friendly jurisdiction and in 2022 its ranking by the Fraser Institute ranking of mining investment attractivenessd increased to 22nd ranked areas in the world and the top country in south America. The company’s leadership boasts over 225 years of combined experience in the Guiana Shield. On June…

ThursdayJul 06, 2023 3:03 pm

US Announces Sanctions Targeting Wagner Group Gold Operations

The Wagner Group’s failed mutiny is having wide-ranging effects mere days after the military effort was squashed. U.S. authorities have begun imposing sanctions in an effort to disrupt the gold operations in Africa that fund the military organization. These sanctions were previously planned, but U.S. officials had put them on hold temporarily to avoid making the country look like it had joined a side in the struggle between Vladimir Putin of Russia and Wagner Group chief Yevgeny Prigozhin. However, in the wake of Wagner’s unsuccessful advance on Moscow, the Department of Treasury has targeted organizations that fund the group for…

WednesdayJul 05, 2023 2:23 pm

Rio Tinto to Invest in Boosting US Copper Supply

The world has been facing a copper shortage for several years now thanks to surging demand and supply issues. Copper is critical to several important industries and is poised to see even more demand from the small but swiftly growing green energy industry over the next few decades. Experts predict that supply will remain strained for the rest of the year and the situation may not change any time soon if copper miners don’t find ways to boost supply. However, issues such as deteriorating copper ores, increased mining costs and limited investment in mining will make it difficult for miners…

MondayJul 03, 2023 10:52 am

Russian Crisis Concerns Cause Gold to Stabilize Above Quarterly Low

Gold has seen a modest increase in price as more investment flowed into the safe haven metal amid concerns about the political turbulence in Russia. The precious metal has been a safe haven asset for individuals and institutions looking to preserve their wealth during times of political and economic turmoil for centuries now, primarily because it does not lose value. However, despite several years of poor economic conditions, an energy crisis and a cost of living crisis, gold hasn’t performed as well as it could have as higher interest rates drove investors to other assets that earn interest. Recent events…

MondayJul 03, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Control North America’s REE Supply Chain Amid Call For Economically and Environmentally Sound Approach

Ford Motor Co. recently announced a $9.2 billion government loan for constructing three battery factories in the U.S. This is seen as a move that seeks to stir the growth of domestic EV battery manufacturing in the country in response to the growing demand for green technologies Ucore recognizes this demand, and through its transformative commercial-ready technology, RapidSX(TM), it looks to satisfy it and take control of the North American REE supply chain The company is well aware of the developments within its industry and is well positioned to take advantage of them and become the undisputed leader in the…

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Month: July 2023

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Is ‘One to Watch’

US Announces Sanctions Targeting Wagner Group Gold Operations

Rio Tinto to Invest in Boosting US Copper Supply

Russian Crisis Concerns Cause Gold to Stabilize Above Quarterly Low

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Control North America’s REE Supply Chain Amid Call For Economically and Environmentally Sound Approach

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