January 2025 - MiningNewsWire

FridayJan 31, 2025 10:00 am

Gold Recovers as Tech Stocks Slide and Tariff Uncertainties Affect Markets

Gold prices bounced back on Tuesday after a sharp drop caused by a selloff in tech stocks. The precious metal rose 0.8% to $2,762.02 per ounce, recovering from its steepest decline since mid-December. The earlier dip was linked to a tech-led market selloff, partly driven by developments in low-cost AI technology. However, growing uncertainties around U.S. tariffs and economic policies helped gold regain its appeal as a safe-haven asset. The rebound in gold prices comes as U.S. President Donald Trump announced plans to impose new tariffs on imported goods like computer chips, pharmaceuticals, and steel. These tariffs aim to encourage…

ThursdayJan 30, 2025 10:45 am

New Copper-Gold Discovery in Canada’s Premier Porphyry Mining District: Torr Metals Inc. (TSX.V: TMET) Expands Sonic Zone Potential

Torr Metals announces a new undrilled discovery at its Kolos Copper-Gold Project, expanding the Sonic Zone to a 12 km² alteration footprint, highlighted by high-grade copper results of up to 1.10% Located just 30 kilometers southeast of Canada’s largest open-pit copper mine, the Kolos Project’s new findings align with the region’s significant copper-gold alkalic porphyry systems like the nearby New Afton and Copper Mountain mines The discovery’s strategic proximity to existing provincial and mining infrastructure offers cost-effective exploration and development, promising significant shareholder value as further exploration unfolds A Legacy of Copper Excellence: Highland Valley Highland Valley, Canada’s largest open-pit…

ThursdayJan 30, 2025 10:00 am

Thieves Steal Gold Masterpieces from Museum in the Netherlands

In a daring heist, thieves used explosives to break into the Drents Museum in Assen, Netherlands, making off with four priceless gold artifacts in the early hours of Saturday morning. The stolen treasures, which include three Dacian spiral bracelets and the Helmet of Cotofenesti, are considered invaluable pieces of Romania’s cultural heritage. Authorities reported that the burglars used explosives to blast their way into the museum, which was hosting an exhibition of ancient Romanian jewelry. The robbery occurred at around 03:45 local time (04:45 GMT), setting off alarms and alerting the police. Upon arrival, officers found the museum had been…

TuesdayJan 28, 2025 10:00 am

GM Inks Deal to Source Synthetic Graphite from Norway’s Vianode

General Motors (GM) has significantly strengthened its electric vehicle (EV) production by partnering with Norway’s Vianode. This multi-billion-dollar agreement will see Vianode supply GM with synthetic graphite, a critical material for lithium-ion batteries. It also aligns with GM’s goals of creating a more sustainable and resilient EV supply chain. Graphite is an essential component in EV batteries, specifically for the anode, or the negative terminal. It is also one of the heaviest components of the battery, accounting for approximately 40% of the total carbon emissions during battery production. Currently, China dominates the global supply of battery-grade graphite, raising concerns about…

MondayJan 27, 2025 12:00 pm

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) at Forefront of Copper’s Growing Importance in Supporting a Sustainable World

Copper’s unique properties make it indispensable in modern technology. Aston Bay, a publicly traded mineral exploration company, is dedicated to discovering high-grade copper and gold deposits in North America. Aston Bay’s exploration and development efforts are crucial to meeting the escalating demand driven by the global shift towards sustainable energy and technology. As the global community intensifies its commitment to sustainability, the demand for essential resources such as copper has surged. This versatile metal is integral to numerous technologies that underpin a sustainable future, from renewable energy systems to electric vehicles. Ensuring a consistent and ecologically responsible supply of copper…

MondayJan 27, 2025 11:15 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Rising to Supply the Demand for PGMs

The rise of hybrid electric vehicles and advancements in hydrogen technologies are creating opportunities for platinum and palladium. Platinum Group Metals Ltd. is uniquely positioned to benefit from favorable market trends. The company is focused on advancing its Waterberg Project, which is expected to be a key supplier of platinum and palladium. The platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. These positive projections bode well for companies operating in the space, including Platinum Group Metals (NYSE American: PLG) (TSX: PTM), majority owner…

FridayJan 24, 2025 10:00 am

Understanding the Gold Standard and Why it Matters to Investors

Gold has seen its demand increase in the last couple of years, with its price hitting new highs in 2024, following renewed interest from investors seeking a safe haven asset and hedge against inflation. The precious metal has been used for millennia in different forms, not only as a safe haven asset but also as a store of value. Did you know, though, that this precious metal played a significant role in international finance, especially under the gold standard? This history continues to influence its trading practices and value today. Understanding how this standard worked may allow investors to better…

ThursdayJan 23, 2025 10:00 am

The Market for Colloidal Silver is Expected to Grow to $2.5Bn by 2030

Colloidal silver is a mineral that has historically been used for its antimicrobial properties. Its primarily used in dietary supplements, to treat skin infections topically, and in wound care. It is also used in different industrial applications, including electronics, coatings, and water purification. As of 2023, the value of the mineral’s market was estimated to be $1.2 billion. Forecasts expect that the market will grow at a compounded annual growth rate of 8.1% between 2024 and 2032. By 2032, the value of this market is expected to have hit $2.5 billion. Currently, major players in the mineral’s market include Pure…

ThursdayJan 23, 2025 10:00 am

McEwen Mining (NYSE: MUX) (TSX: MUX) Caps 2024 with Transformative Investments, Exploration Wins

McEwen Copper secured a $35 million investment from Nuton, a Rio Tinto venture, to advance the Los Azules project in Argentina. Operational efficiencies resulted in a 12% reduction in production costs, showcasing the company’s resilience and focus on value creation. Promising exploration results at the Grey Fox project opened new opportunities for growth. McEwen Mining (NYSE: MUX) (TSX: MUX) concluded 2024 with several pivotal developments that reinforced its position in the mining industry. From securing significant investments to achieving regulatory milestones, the final quarter marked a period of transformative progress for the company. One of the most notable highlights was…

WednesdayJan 22, 2025 8:45 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Committed to Playing Crucial Role in Metals Exploration Space

The exploration and discovery of key metals are more critical than ever, ensuring a steady supply to meet burgeoning global demands. Aston Bay is focused on exploring for high-grade copper and gold in North America. Companies such as Aston Bay play a crucial role in identifying and developing new sources of key metals, ensuring that supply can meet global needs. In the modern era, metals are the backbone of technological advancement and economic development. From the devices that connect us to the infrastructure that supports us, key metals are indispensable. Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral…

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Month: January 2025