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Published on Dec 10, 2024

Saudi Arabia Accelerates $2.5 Trillion Mining Plans To Cut Oil Reliance

After enjoying a rare budget surplus in 2022 amid high oil prices, most Gulf Cooperation Council (GCC) economies have seen their budget deficits widen with current oil prices still well below what they require to balance their budgets. According to the …

Source: Oil Price - Neutral
Published on Dec 10, 2024

The 3 Best Alternative Assets by Returns

Alternative assets offer tremendous opportunities for patient investors. These investments aren’t correlated with stock market returns and can continue to rally higher even if stocks experience a pullback, correction or enter a bear market. However, you …

Source: Money Magazine - Puerto Rico - Neutral
Published on Dec 6, 2024

High-Grade NPI and Refined Nickel Prices Remain Under Pressure Amid Weak Stainless Steel Market

This week, the average price of SMM 8-12% high-grade NPI reached 952.2 yuan per mtu (ex-factory, tax included), down 10 yuan per mtu compared to last week. Meanwhile, the Indonesian NPI FOB index decreased by $1.6 per mtu WoW. The decline in high-grade NPI …

Source: Shanghai Metals Market - Pro-Government
Published on Dec 6, 2024

Contaminated industry: the shadows behind Ecuador’s multimillion-dollar gold exports

by Arturo Torres and Dan Collyns In 2023, three small gold mining companies in Ecuador exported $268 million worth of gold to the United Arab Emirates and India, 20 times more than in 2022, according to an investigation by Mongabay and Código Vidrio. The …

Source: The Cuenca Dispatch - Neutral
Published on Dec 6, 2024

Latest News | Adani's Kutch Copper Refinery to Help Cut Reliance on Imports; Mines Ministry

New Delhi, Dec 6 (PTI) The government on Friday said that once Adani's Kutch copper refinery is ramped up to full capacity, which is likely by early next year, the country will be self-sufficient in refined copper. In a statement, the mines ministry …

Source: Latestly - Uncategorized
Published on Dec 6, 2024

Copper hits three-week high on supply concerns, falling inventories

LONDON: Copper prices touched a three-week high on Friday, boosted by declines in Chinese inventories and concerns about supply of raw materials after a treatment charge deal was agreed. Three-month copper on the London Metal Exchange (LME) climbed 0.9% to …

Source: Business Recorder - Neutral
Published on Dec 6, 2024

Rio Tinto JV with Sumitomo Metal Mining for Winu copper-gold project

Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet to establish a Joint Venture for the Winu copper-gold project in Western Australia’s Great Sandy Desert. Under this agreement, which includes exclusivity provisions, Rio Tinto will continue …

Source: African Mining Market - Label Pending
Published on Dec 6, 2024

Confused Between Investing in Bitcoin or Gold? Here’s the Difference

Share Tweet Share Share Email Cryptocurrency investment instruments are currently popular among young generations, more so than traditional investments like stocks or gold. So, what’s the difference between Bitcoin and gold that makes Bitcoin more …

Source: TechBullion - Neutral
Published on Dec 6, 2024

SunDrive Solar partners with Capral Aluminium for Australian solar PV supply chain

Natalie Malligan, CEO of SunDrive believes the partnership showcases SunDrive’s commitment to a future made in Australia. “The opportunity to source local and low-carbon aluminium through Capral has the potential to not only support Australian jobs and …

Source: PV Tech - Neutral
Published on Dec 6, 2024

Warning over supplements sold by diet guru Tim Spector...as they may contain 'small pieces of metal'

A 'microbiome-boosting' supplement sold by diet and nutrition guru Professor Tim Spector has been urgently recalled due to possible contamination with dangerous shards of stone and metal. Regulator the Food Standards Agency (FSA) issued a recall of …

Source: Daily Mail - Right-wing
Published on Dec 6, 2024

DRC-Battery Metals Forum: Calls for collaboration to make a meaningful impact

Building a robust battery metals ecosystem in the DRC can only be realised through effective collaboration between all stakeholders. In doing so, it will ultimately benefit the African continent. This was the key takeaway from this year’s DRC-Africa …

Source: Mining Review - Neutral
Published on Dec 6, 2024

Developing Highly Efficient Recovery Materials for Precious 'Rare Earth Metals' and Improving Resource Circulation for ...

Newswise — Korea imports 95% of its core minerals such as lithium, nickel, and rare earths. Rare earths, in particular, are characterized by chemical, electrical, magnetic, and luminescent properties that can be achieved by adding only a small amount, and …

Source: Newswise - Neutral
Published on Dec 5, 2024

2024 US Capital Gains Tax Guide for Gold and Silver Investors

As gold and silver continue to prove their worth as sound investments, market participants should know how precious metals investments are taxed in the US. While the majority of gold and silver investing comes with a certain degree of taxation, there are …

Source: Investing News Network - Neutral
Published on Dec 10, 2024

RJC Updates Standard Definition for ‘Recycled’

The Responsible Jewellery Council (RJC) has updated its definition of what constitutes recycled precious metal and will recognize three separate categories. The RJC’s chain of custody standard, which defines an approach for companies to handle and trade …

Source: Rapaport - Neutral
Published on Dec 6, 2024

Unexpected gold discount in India – Time to buy or wait?

Physical gold was sold at a discount in India for the first time in six weeks, as a weaker rupee drove up prices and in turn moderated demand, while top consumer China saw seasonally slow demand. Domestic prices in India rose to 76,800 rupees per 10 grams …

Source: The Economic Times - Center-right
Published on Dec 10, 2024

Buried Treasure: There is no Green Energy Transition without mining

Critical minerals are at the heart of the green energy transition. A typical electric car requires six times the mineral inputs of a traditional combustion-engine car, and an onshore wind farm requires nine times more mineral resources than a gas-fired …

Source: Renew Economy - Neutral
Published on Dec 10, 2024

A New Resource War Is Looming as America Runs Out of Ammo

A little-known metal called Antimony rallied 300% this year, overtaking gold, silver, and even Bitcoin. And there is something that the algorithm gods haven’t noticed. You see, Western powers have embarked on a $100 billion spending spree to restock their …

Source: Oil Price - Neutral
Published on Dec 9, 2024

TSX Slips After Hitting New High, Ends Modestly Lower

The Canadian market hit a new record high in early trades on Monday, but soon slipped and fell into negative territory and stayed weak right till the end of the session as investors stayed cautious, looking ahead to the Bank of Canada's policy …

Source: RTTNews - Neutral
Published on Dec 9, 2024

Boliden to acquire the Neves-Corvo and Zinkgruvan mines

STOCKHOLM, Dec. 9, 2024 /PRNewswire/ — Boliden has entered into a definitive agreement with Lundin Mining to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden. The upfront cash consideration for the entities is USD 1,300 m …

Source: The AI Journal - Label Pending

21 days 09:09:58

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Published on December 11, 2024 - 13:27 GMT

Mining Automation Market to Witness Double-Digit Growth: Key Drivers and Challenges

Mining Automation Market Expected to Reach $3,810 Million, Globally, by 2023 WILMINGTON, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, Global Mining Automation Market by Technique and Type: Global …

Distribution channels: Mining Industry, Technology ...
Published on December 11, 2024 - 23:30 GMT

Global Mining Truck Market To Reach $37.39 Billion By 2028 With A Growth Rate Of 6.4%

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 12, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Business & Economy, Companies ...

Published on December 11, 2024 - 10:03 GMT

Registering CAGR of 23.2% | The Autonomous Mining Truck Market Size Reach USD 12.5 Billion by 2035

WILMINGTON, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, " Registering CAGR of 23.2% | The Autonomous Mining Truck Market Size Reach USD 12.5 Billion by 2035 ." The …

Distribution channels: Automotive Industry, Companies ...
Published on December 11, 2024 - 12:00 GMT

OTC Markets Group Welcomes Mongolian Mining Corporation to OTCQX

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Mongolian Mining Corporation (HKX: 975; OTCQX: MOGLF), the largest …

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Published on December 11, 2024 - 11:00 GMT

BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.

SINGAPORE, Dec. 11, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has entered into 10-year exclusive lease agreements for two …

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Published on December 11, 2024 - 11:00 GMT

Titan Mining Hits Key Loan Milestone, Executes Financial Deleveraging Strategy for 2025

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“Titan” or the "Company") is pleased to announce that it has agreed to certain amendments to the credit facility with National Bank …

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Published on December 11, 2024 - 10:44 GMT

NFN8 Group Discusses Its Unique Digital Asset Mining Equipment Purchase & Buyback Program

AUSTIN, Texas, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The digital asset creation company NFN8 Group offers a unique Equipment Purchase & Buyback Program. This innovative concept, helmed by CEO Josh Moore and COO Cory Rodriguez, prioritizes getting clients …

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Published on December 11, 2024 - 07:42 GMT

Lead Great and Green Mining Forward | MicroBT Unveils New-Gen WhatsMiner M6XS++ Series at Bitcoin MENA 2024

ABU DHABI, United Arab Emirates, Dec. 11, 2024 (GLOBE NEWSWIRE) -- MicroBT, a world-leading Bitcoin ASIC manufacturer, has once again showcased its technological prowess and innovation-driven approach by introducing the latest WhatsMiner M6XS++ series at …

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Mining Industry Press Releases

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Published on December 11, 2024 - 23:30 GMT

Global Mining Truck Market To Reach $37.39 Billion By 2028 With A Growth Rate Of 6.4%

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 12, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Business & Economy, Companies ...
Published on December 11, 2024 - 22:41 GMT

Websnoogie Announces Local Business Support Initiative For Nebraska

Websnoogie boosts Nebraska web hosting, empowering local businesses with tailored solutions and community support. OMAHA, NE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- Websnoogie's Has is Now Offering a Local Business Support …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 11, 2024 - 17:56 GMT

Houston to host key hydrogen summit as industry faces new political landscape

LONDON, UNITED KINGDOM, December 11, 2024 /⁨EINPresswire.com⁩/ -- The hydrogen industry in North America is entering a phase of unprecedented uncertainty. The outcome of the U.S. presidential election presents a unique set of challenges and …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on December 11, 2024 - 16:05 GMT

Celebal Tech Announces Collaboration with Microsoft to Accelerate Energy AI Solutions

UNITED KINGDOM, December 11, 2024 /⁨EINPresswire.com⁩/ -- Celebal Tech Announces Collaboration with Microsoft to Accelerate Energy AI Solutions Celebal Technologies Pvt Ltd, a consulting and solutions firm today announced a strategic …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on December 11, 2024 - 13:27 GMT

Mining Automation Market to Witness Double-Digit Growth: Key Drivers and Challenges

Mining Automation Market Expected to Reach $3,810 Million, Globally, by 2023 WILMINGTON, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, Global Mining Automation Market by Technique and Type: Global …

Distribution channels: Mining Industry, Technology ...
Published on December 11, 2024 - 15:00 GMT

Endeavour Announces Holding(s) in Company

Endeavour Mining plc (“the Company”) announces that it received the following notification, today 11 December 2024, from Blackrock, Inc. of its interests in the Company as at 10 December 20241. Issuer Details ISIN GB00BL6K5J42 Issuer Name ENDEAVOUR MINING …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on December 11, 2024 - 14:17 GMT

PTX Metals Announces Closing of the First Tranche of the Over-Subscribed Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- PTX Metals Inc. (CSE: …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on December 11, 2024 - 14:14 GMT

Osisko Metals Announces Closing of C$107.4 Million "Bought Deal" Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51 …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on December 11, 2024 - 14:00 GMT

More High-grade Gold Results from Globex’s Ironwood Project

ROUYN-NORANDA, Quebec, Dec. 11, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on December 11, 2024 - 14:00 GMT

De nouveaux résultats à hautes teneurs aurifères sur le projet Ironwood de Globex

ROUYN-NORANDA, Québec, 11 déc. 2024 (GLOBE NEWSWIRE) -- ENTREPRISES MINIÈRES GLOBEX INC. (GMX – Bourse de Toronto, G1MN – Bourses de Francfort, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on December 11, 2024 - 14:00 GMT

SAGA Metals Geophysics Program Advances Drill-Ready Targets at Radar Titanium-Vanadium Project and Engages Market Maker

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in North …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on December 11, 2024 - 13:30 GMT

Foremost Clean Energy Issues Shareholder Letter Highlighting Recent Denison Transaction and Operational Updates

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, today issued a letter to shareholders …

Distribution channels: Mining Industry ...
Published on December 11, 2024 - 13:30 GMT

Tactical Resources Announces Amendment to Business Combination Agreement

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Tactical Resources Corp. (TSX.V: RARE | OTC: USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, announced today that it has entered into an amending …

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Published on December 11, 2024 - 13:00 GMT

Endeavour Announces Holding(s) in Company

Endeavour Mining plc (“the Company”) announces that on 10 December 2024, it received the following notification from Blackrock, Inc. of its interests in the Company as at 9 December 20241. Issuer Details ISIN GB00BL6K5J42 Issuer Name ENDEAVOUR MINING PLC …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on December 11, 2024 - 13:00 GMT

Enphase Energy Begins Shipments of IQ8X and IQ8 Commercial Microinverters with Higher Domestic Content

FREMONT, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced initial shipments of IQ8X™ …

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Published on December 11, 2024 - 13:00 GMT

Winshear Gold Corp. AGM – Continuing Canadian Mail Strike and Availability of AGM Meeting and Voting Material

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (the “Company”) (TSX-V: WINS) announces that in connection with the ongoing Canada Post labour strike, the notice of meeting, management information circular, annual return …

Distribution channels: Mining Industry ...
Published on December 11, 2024 - 13:00 GMT

NANO Nuclear Energy Appoints Distinguished Engineer and Leader Michael Norato, Ph.D. as Director of Nuclear Facilities ...

Appointment of Idaho National Lab and DOE veteran continues a string of high-level nuclear industry experts with deep governmental and regulatory experience joining NANO Nuclear New York, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. ( …

Distribution channels: Mining Industry ...
Published on December 11, 2024 - 12:30 GMT

Demesne Resources Ltd. Announces Listing on Frankfurt Stock Exchange & Appointment of Strategic Technical Advisors

Vancouver, BC, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF) (“Demesne” or the “Company”) is pleased to announce that the Company’s shares have been accepted for listing on the Frankfurt Stock Exchange (“FSE”) and …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on December 11, 2024 - 12:27 GMT

Holding(s) in Company

Reykjavík, Dec. 11, 2024 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer or the …

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Published on December 11, 2024 - 12:00 GMT

Falco annonce l’élection des administrateurs et la clôture de transactions visant ses dettes de premier rang

MONTRÉAL, 11 déc. 2024 (GLOBE NEWSWIRE) -- Ressources Falco Ltée (TSX.V : FPC) (« Falco » ou la « Société ») annonce que les cinq (5) candidats au poste d’administrateur identifiés dans la circulaire d’information de la direction datée du 4 novembre 2024 …

Distribution channels: Business & Economy, Mining Industry ...