April 2024 - Page 2 of 3 - MiningNewsWire

ThursdayApr 18, 2024 10:30 am

The Race is On: Declining Production Pushes for New Gold and Copper Mines, Highlights the Value of Torr Metals Inc. (TSX.V: TMET)

With about 70% of the world’s known gold reserves mined, there is a growing urgency to discover and develop new gold and copper mines Torr Metals searching is searching for the next big gold & copper deposit across its 1,100 km² of 100% owned highway-accessible projects located in some of Canada’s most prolific mining jurisdictions Recent findings at the Kolos Copper-Gold Project defined a previously unknown trend to Cu-Au ± Mo mineralization with multiple potential undrilled porphyry centers stretching over 7 kilometers adjacent to Highway 5 Gold has been treasured for its beauty and value for thousands of years. The…

ThursdayApr 18, 2024 9:00 am

Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Is ‘One to Watch’

Tartisan Nickel is a Canadian mineral and metals exploration and mining development company with its shares listed on the Canadian Securities Exchange and the OTCQB Venture Market The company’s flagship project is the Kenbridge Nickel Project, located in the Kenora Mining District of northwestern Ontario and covering about 10,150 acres The company’s other assets include two additional exploration and development projects in Ontario and another in the central Peru mineral belt Tartisan Nickel in December 2023 closed C$1.35 million in flow-through financing with proceeds to fund the exploration and development of the Kenbridge Nickel Project Tartisan Nickel (CSE: TN) (OTCQB:…

WednesdayApr 17, 2024 10:00 am

Malaysian Company to Transform Agricultural Waste into Graphite in Nevada

Last week, Graphjet Technology (NASDAQ: GTI) revealed its plans to construct an artificial graphite manufacturing facility in Nevada. The company develops patented technologies for the sustainable production of graphene, graphene-based anode materials and graphite from agricultural waste. The facility will be the first-of-its-kind in the United States and will have the capacity to recycle up to 30,000 metric tons of agricultural waste, with an annual production aim of 10,000 metric tons of artificial graphite. This is expected to be able to support production of batteries to power over 100,000 electric cars annually. Graphjet Technology’s Malaysia plant, which is to be…

WednesdayApr 17, 2024 9:00 am

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Sees Great Potential Across its Saskatchewan Nickel Projects

Electric vehicles are expected to account for over 50% of automobile sales in 2040, driving a six-fold increase in global nickel demand Fathom Nickel has looked to capitalize on the world’s ambitions for a carbon-neutral future through the exploration and development of two promising nickel deposits located within Canada’s Saskatchewan province The site of historic exploratory and mining activity during the 1960’s, initial exploration work across both the Albert Lake and Gochager Lake projects have found great potential in terms of resource and mineral yields Forecasts suggest that by 2040, electric vehicles (“EVs”) will comprise over 50 percent of annual…

MondayApr 15, 2024 10:00 am

GE to Help South Korean Company Switch from Coal to Gas

Earlier this week, GE Vernova announced that it would provide a H65 generator and a 7HA.02 gas turbine to Korea Western Power Co’s Gongju-si power station in the province of Chungcheongnam-do. Korea Western Power Co (KOWEPO) operates as a subsidiary of Korea Electric Power Corp. KOWEPO is spearheading a 500MW project as it transitions to using natural gas by 2027. At the moment, however, the station is powered using coal. GE Vernova is part of a group developing the project, together with Daewoo E&C, an engineering, construction and procurement company based in Korea. The project will use hydrogen in its…

MondayApr 15, 2024 9:45 am

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Advances Gochager Lake Exploration, Government Pledges Millions in Industry Support

Canadian government recently announced investments exceeding $15 million to support the mining sector FNICF targets high-grade nickel sulfide discoveries at Albert Lake and Gochager Lake projects Albert Lake site includes historic Rottenstone mine, produced high-grade nickel, copper, and platinum group elements (“PGE”) from 1965 to 1969 Historical drilling at Gochager Lake identified a resource of 4.2 million tons grading 0.29% nickel and 0.08% copper The Canadian government recently announced investments exceeding $15 million to support the mining sector at the 2024 Prospectors and Developers Association of Canada (“PDAC”) convention (https://ibn.fm/uhm31). The initiative aligns with Canada’s vision of becoming a leading…

MondayApr 15, 2024 9:00 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Starts Exploration Program as Growth Is Forecast for Copper Sector

Experts project demand for copper is set to rise in coming years Increased demand from power generation, EVs and electronic devices may push the copper supply deficit to 6.5 million MT “We are excited about this significant exploration program at Storm,” said Aston Bay CEO Thomas Ullrich In a space projected to see significant growth and demand in the coming decade, Canadian minerals exploration company Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF) is focused on establishing a strong foothold. As an explorer of high-grade copper and gold deposits in North America, the company is beginning an aggressive exploration program focused on immediate resource…

FridayApr 12, 2024 10:00 am

Startup Using Microbes to Convert Methane into Fertilizer

The smell of methane that pervades many dairy farms could be a thing of the past if a new system that uses microbes to convert methane into fertilizer is widely adopted. Windfall Bio is the startup behind this innovation. The company revealed that it completed a funding round that put $28 million in its hands to commercialize the production of these microbes. It should be noted that this technique of converting methane into nitrogen fertilizer isn’t only applicable on farms. It can be deployed wherever methane accumulates, including landfills, oil wells or wetlands. The startup aimed at getting a novel…

WednesdayApr 10, 2024 10:00 am

Texas’ Monthly Solar Generation Trounces Coal Despite Massive Support for Fossil Fuels

Despite moves from public officials to protect fossil-fuel interests in Texas, interest in renewable energy continues to grow. The state recently established itself as a possible market for new solar power technology, a surprise since the oil and gas industry has a firm grip on the state’s economy. In a 2023 recap, Glenn Hegar, Texas’ state comptroller, revealed that the state ranked second in lignite coal production in the United States as of 2022, with North Dakota being the first. Data from the U.S. Energy Information Agency also shows that Texas is the largest consumer of coal in the country,…

MondayApr 08, 2024 10:00 am

Underperforming Copper, Precious Metals Stocks to Recover Soon

Precious metals stocks such as gold and silver as well as copper are poised to recover after a notable period of poor performance; the recovery will be based on a confluence of positive factors. Spot gold prices went up by 13% through the year 2023 and have already gone up by 6% so far in 2024, putting the precious metal prices on a positive note. The precious metal has exhibited especially strong performance over the last few weeks and closed Thursday, March 28, 2024, at $2,233 per ounce, despite facing significant headwinds. This includes positive real yields, a strengthening U.S.…

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Month: April 2024