NewsRoom Articles - Page 151 of 158

TuesdaySep 08, 2020 12:45 pm

Swiftly Switching to Renewable Energy Could Cause Further Issues

In the U.S. energy markets right now, more advocates are calling for clean energy alternatives like solar and wind power to be inducted in to change the country’s electricity portfolio. Analysts however caution against replacing nuclear and coal power plants as they say this could pose a threat to the national grid’s resilience and reliability. Practically, the main reason many are against this is because they’re concerned about the speed of renewable energy transformation. Despite specialists choosing to frame the energy debate in a new vs old setting, there are many valid reasons as to why we should question the…

FridaySep 04, 2020 3:00 pm

Why America Needs to Revise its Mining Regulations to Boost Industrialization, Employment

The U.S. is forecast to become the leading nation globally in manufacturing, surpassing the most renowned high manufacturers such as China. This will be catalyzed by the sufficient workforce, the new technologies, and the low energy costs. Though this may be good news to the manufacturers, some challenges must be seriously addressed. The American manufacturing industries are using varieties of metals and minerals in producing most of their products. Cell phones, electric car batteries, lifesaving hospital devices, and televisions are all manufactured from these metals and minerals. However, most of these minerals are imported and are not mined locally by…

FridaySep 04, 2020 11:09 am

Kingman Minerals Ltd. (TSX.V: KGS) Poised to Benefit as Goldman Sachs Raises Gold Price Estimates to $2,300/oz

Goldman Sachs has recently raised its 12-month forecast for gold to $2,300/oz, rising from its previous estimate of $2,000/oz Gold prices touched historical high in August 2020, rising to $2,075/oz on back of dollar depreciation, growing economic uncertainty Kingman Minerals is currently working to develop its mining interest in Arizona, USA as well as Quebec, Canada A previous non-NI 43 101 compliant study of Kingman Mineral’s Arizona site carried out in 1985 found potential reserves of up to 664,000 ounces of gold, 2.6 million ounces of silver Kingman Minerals (TSX.V: KGS), a Canadian-listed gold miner with extensive claims in key…

FridaySep 04, 2020 11:00 am

The Future for Clean Coal Technology: Carbon Storage and Capture

Despite the growing use of wind and solar energy in addition to inexpensive and clean natural gas, clean coal technology is still needed. Clean coal technology is mostly used to mean carbon emitted from a power plant and is stored underground, carbon storage and capture or (“CCS”) in short. In spite of being closely associated with coal, CCS is a clean technology for any fossil fuels. Any power producing plant that burns a fuel and generates carbon emissions is a good carbon capture candidate; be it an oil, coal or natural gas plant. This is why most modern and propitious…

ThursdaySep 03, 2020 12:15 pm

Why US Reliance on Foreign Minerals is Risky

The misconception behind not mining the crude minerals in the U.S. is causing the country to be reliant on foreign minerals, and should be eliminated immediately. America's best step is to come up with practical and well-laid strategies that will govern the mining of those minerals. By doing this, the U.S. will not depend on other nations for the minerals required to manufacture consumer goods and sophisticated weapons. Why America is adamant in not mining its minerals Some members of Congress and environmentalists are the biggest obstacles to the U.S. mining its minerals. This is hard to comprehend as they…

ThursdaySep 03, 2020 10:15 am

EV Sector Growth Triggers Extra Demand for Coal and Natural Gas

The electric vehicles ("EVs") market is growing swiftly. For instance, electric vehicle sales in the U.S. in 2017 rose by almost 30%, and this translates into approximately 200,000 units. Given the low gas prices that are a marketing strategy to incentivize consumers to stick with diesel and gas cars, the increase makes it all the more impressive. Globally, there are lots of initiatives to ban the sale of oil vehicles, with the biggest reason behind this being clearing the skies of smog-filled cities. India, China, Norway, France, Netherlands as well as the UK have expressed their desire to phase out…

WednesdaySep 02, 2020 3:45 pm

Modern Technologies Make Mining Indispensable

As several Americans are contemplating on mining, they usually think of their past. The Americans invented the old 1840s mine, which has been helping them to date. However, mining ought to help one think more regarding the future. It will assist you in adapting to the high-tech era. Modern technology also plays a vital role in controlling safety equipment and automated production. The high tech products will assist you in learning more regarding transformation since they rely on modern mining. Digital Systems Starting from smartphones, all the way to solar panels, mining is the ideal indispensable industry which will assist…

WednesdaySep 02, 2020 3:31 pm

DeepGreen Metals and Researchers to Collaborate On Seabed Exploration Project

DeepGreen Metals, a start-up from Canada intent on extracting battery metals such as manganese, cobalt, copper and nickel from the bottom of the sea, has partnered up with various universities as well as scientific research institutions on its deep-sea exploration program. This will help the company characterize the possible effects of mining polymetallic ore from the Pacific Ocean’s Clarion-Clipperton Zone (“CCZ”) Earlier in April this year, the company added to its area of exploration on the ocean floor as it obtained Tonga Offshore Mining Ltd, which gave the firm exploration rights to a 3rd area in the CCZ that makes…

WednesdaySep 02, 2020 1:42 pm

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) is “One to Watch”

GoldHaven Resources Corp. recently announced its entry into agreements to acquire seven advanced gold projects in Chile On April 17, 2020, GoldHaven Resources entered an agreement to purchase a 100% interest in two gold projects located in the Maricunga Gold Belt of Northern Chile On August 11, 2020, GoldHaven Resources acquired five additional potential gold projects in the Maricunga Gold Belt In conjunction with its August announcement, GoldHaven Resources detailed plans for a non-brokered private placement that is expected to generate gross proceeds of $4,025,000 Gold prices have been on a remarkable run in 2020, breaking above $2,000 per ounce…

TuesdaySep 01, 2020 3:00 pm

Are All Mountains Rich in Precious Stones?

Apart from gemstones like pearl and amber which are not minerals, all other gemstones are made within the crust of the earth through geological activities after which they are pushed up near the surface. The geological processes that form these precious stones include the formations of different rock types such as sedimentary, metamorphic or igneous rocks. Sedimentary rocks usually form when rock is weakened, then the rock fragments are transported either by wind or water. After this, the fragments are compressed over a period of time, thus producing these stones. Examples of these transported minerals include opal, jasper, zircon and…

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