Gold Hits Two-Year Low as Rate Hike Galore Intensifies

September 30, 2022 10:34:55

Gold investors have plenty of reason to worry as prices for the precious metal have continued their downward trend into the last weeks of September. Last week, gold prices hit a two-year low as central banks across the world raised their interest rates alongside the U.S. Federal Reserve to prevent inflation.

With the global economy in a spiral since the COVID pandemic and the Russia-Ukraine war coupled with worldwide shortages and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Challenges Expected as Demand for Small Modular Reactors Grows

September 29, 2022 10:45:36

During the World Nuclear Symposium, which was held in London, experts discussed how increased interest in small modular nuclear reactors meant that building the industrial capacity which would facilitate the production of the reactors required was among the challenges companies will face as they work to make this a reality. During a panel session, Rick Springman and Jon Ball discussed their objectives to have small modular reactors operational in the next decade. Springman is the senior VP of international projects for Holtec International while Ball is the executive VP of market development for GE Hitachi Nuclear Energy.

Ball stated that for the energy security crisis and the climate change crisis to be solved, large numbers of small modular reactors were…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Results from Annual Meeting

September 28, 2022 14:06:35

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced voting results in connection with the annual and special meeting of the company’s shareholders, which was held virtually on Sept. 27, 2022. According to the announcement, a total of 31,830,069 common shares representing 45.55% of the company’s issued and outstanding common shares were voted in connection with the meeting. Shareholders voted in favor of the election of the six director nominees as well as other items of business, including the re-appointment of RSM Canada LLP as the company’s auditors, the adoption of new company by-laws, and the approval of the company’s new Long-Term Incentive Plan (“LTIP”).

To view the full article, visit https://ibn.fm/jfQXK

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150m to 4,400m above sea level. For more information about the company, visit www.EloroResources.com

NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Europe’s Energy Shortage to Last Beyond Winter, Analysis Firm Says

September 28, 2022 11:53:10

Analysts at Energy Aspects have confirmed that the reduced supply of energy in Europe as a result of sanctions imposed against Moscow, which has caused export routes for gas to be shut down, will leave the EU clambering for gas and oil well into the winter.

Energy Aspects is an energy and macro research consultancy that provides research, analysis and data of key energy commodities. In an…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notes Update on Payment Schedule for Iska Iska Silver-Tin Polymetallic Project

September 27, 2022 10:31:31

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM)an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting that the payment schedule for the company to purchase 99% interest in the Iska Iska Silver-Tin Polymetallic project has been amended. Eloro has an agreement with Empresa Minera Villegas S.R.L., which holds the title to the silver-tine polymetallic project that is located in southern Bolivia, to pay $10 million for the 99% interest. According to the announcement, Eloro’s Bolivian subsidiary, Minera Tupiza S.R.L., has paid $3.4 million thus far; the amended agreement now calls for Eloro, through Minera Tupiza, to pay $1 million to Minera Villegas by Oct. 31, 2022, with the remaining amount being paid on or before July 6, 2024. The Iska Iska silver-tin polymetallic project is a road-accessible, royalty-free property located north of Tupiza city in the Sud Chichas Province of the Department of Potosi in southern Bolivia. Eloro commenced underground diamond drilling at Iska Iska in September 2020 with the discovery of a significant breccia pipe with extensive silver polymetallic mineralization being announced in November 2020. “As a result of our continuing exploration success, which has extended the potential high-grade zone at Iska Iska to as much as two kilometers along strike and the deferral of our inaugural Mineral Resource Estimate to Q1 2023, to allow time for further exploration drilling, both parties felt it prudent to extend the contract date an extra six months,” said Eloro Resources CEO Tom Larsen in the press release. “This extension also provides additional time to receive drilling assay results, which have been delayed over the past two years due to COVID-related circumstances.”

To view the full press release, visit https://ibn.fm/GY7Sf

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 to 4,400 meters above sea level. For more information about the company, visit www.EloroResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Nuclear Fuel Plant in South Carolina to Run for Four More Decades

September 27, 2022 10:20:00

Last week, the U.S. Nuclear Regulatory Commission approved a new license that would allow Westinghouse Nuclear to keep running for an additional four decades. Environmental groups had fought against this, asking that federal officials at least limit the license to 20 years if it couldn’t be rejected. They based their argument on various environmental and safety issues that have plagued the facility since 1980.

These problems include pollution of groundwater near the factory, uranium build-up in an air pollution control device and nuclear material leaking through the floor of the plant, which is located in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

An Analysis of Psychedelics in End-of-Life Care

September 26, 2022 11:05:00

Psychedelics are slated to disrupt psychiatry in a major way. Although there is limited research on the possible benefits of hallucinogenic drugs, recent studies have found that they can have significant mental health benefits. Researchers have discovered that when paired with psychotherapy, psychedelics can deliver profound benefits for people with mental health conditions, including PTSD, anxiety, depression and eating disorders.

Specifically these mental health benefits, especially against anxiety and depression, can come in handy for patients in palliative or end-of-life care. Receiving a terminal diagnosis often results in feelings of…

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About PsychedelicNewsWire

PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.

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Silver Stocks Dwindle at COMEX, LBMA

September 23, 2022 11:50:00

Silver stocks at the London Bullion Market Association haven’t been in the best shape for the past free months. Considered the largest silver exchange on the globe, the London Bullion Market Association held more than 1.1 billion ounces of silver in its vaults as of November 2021. However, the silver holdings in the exchange’s vaults have steadily gone down since then, with the past nine months seeing a consistent decline in the metal’s stocks. In figures, silver inventories in the exchange’s vaults have decreased by 21.7% since November.

Data shows that about two weeks ago, fift15een entities owned a combined 592.8 million ounces of the metal in the vaults. This means that only about 325 million ounces of silver are available to other parties. This is quite a decrease, more than 100 million ounces’ worth, especially in comparison to the…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) Is ‘One to Watch’

September 23, 2022 08:05:00
  • As of September 7, 2022, the company had a market capitalization of C$235 million
  • In the period ending June 30, 2022, Eloro reported C$14.4 million in cash on hand
  • The company’s stock is covered by analysts from Cantor Fitzgerald and Haywood Securities
  • Eloro has raised more than C$40 million in multiple financing deals
  • Eloro’s strong management and technical team is working diligently to uncover the immense value of the Iska Iska and La Victoria projects, both of which are located in mining-friendly jurisdictions

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) is a publicly traded exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

The company has an option to acquire a 99% interest in the highly prospective Iska Iska Property, classified as a silver-tin polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department of southern Bolivia. Iska Iska is a…

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NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Indonesia Struggles to Gain Investor Backing for Plan to Abandon Coal

September 22, 2022 12:06:53

Several territories around the world are keen on transitioning to sustainable energy models. Coal may have played a major role in industrialization, but centuries of burning coal fuel have inundated the atmosphere with greenhouse gases and altered the planet’s cycle of heating and cooling.

With extreme weather events occurring with frightening regularity, dozens of countries are looking to replace coal with…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Uranium Rallies Amid Energy Crisis in Europe

September 21, 2022 14:31:09

The price of uranium has hit a new high as the energy crisis in Europe continues to fuel bullish bets on nuclear energy’s future. Uranium, which is also known as yellowcake, has increased by 7% since last month to reach $50 per pound. This price was last observed when the prices of many commodities increased last spring, fueled by supply concerns.

Data from UxC shows that the last time yellowcake traded at such levels was a decade ago, without taking into account the…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Gold Slides as High Inflation Keeps Fed Hawkish

September 20, 2022 11:18:17

Increasing inflation rates are impacting the price of gold. As the global energy crunch deepens, supply chain constraints continue and the cost of living rises, the Federal Reserve has become increasingly concerned about inflation.

Prices for gold went down last month after the latest U.S. inflation data revealed that the situation was worse than…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Gold Gains Ground on Expectations of Huge Interest Rate Hike

September 19, 2022 10:07:56

Last week, the price of gold advanced to its highest figure since last month as expectations for an increase in interest rates rose. It is expected that later this month, the U.S. Federal Reserve will hike interest rates in a bid to curb inflation. Higher rates of interest dampen nonyielding assets such as gold, because they increase the opportunity cost of holding bullion.

Meanwhile, the U.S. dollar diminished in value against its rivals, which made dollar-priced bullion less expensive for overseas traders. In a recent interview…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Chile Launches Investment Plan to Boost Weakened Economy

September 16, 2022 13:40:19

Earlier this week, the government of Chile led by President Gabriel Boric introduced a plan aimed at promoting investment into the country and spurring copper mining. Chile is the largest producer of copper in the world, making up 28% in global copper production. It is home to international copper giants, including Codelco, Antofagasta, Anglo American Glencore and BHP. The country is also the second-largest producer of lithium, occupying 22% of global production.

The investment package, dubbed Invest in Chile, brings together public resources, management efforts and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Drought in China May Worsen Global Shortage of Coal

September 15, 2022 11:12:47

Normally, late July and early August are the wettest months in southern China. This year, however, rainfall during this period was below normal with precipitation in the region since July remaining at 135 mm. This is significantly lower than the average annual precipitation of the region from 2014 to 2021, which stood at 464 mm.

This drought has prompted an increase in the price of coal, as traders expect that more coal will be burned to meet the demand for…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Gold Prices Remain Dampened as Market Expects Fiscal Tightening

September 14, 2022 10:55:28

Despite its strong start last month, the gold market has yet to find consistent bullish momentum to push up the metal’s price. Market expectations for aggressive monetary policy action from the U.S. Central Bank continue supporting the dollar, which is weighing down the precious metal.

While the price of gold remains below $1,750 an ounce, analysts expect that the metal’s price will soon increase. In a recent interview…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Power Conversion Innovation May Boost Power Plant Efficiency

September 13, 2022 13:08:34

Energy efficiency has been a major talking point in recent years amid climate change, extreme weather events, and a global push for clean and renewable energy sources. Most current power plants, whether they rely on coal, nuclear energy or natural gas, convert heat into electricity via a process called the steam-based Rankine cycle.

Despite being the…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Australian Coal Prices Reach Record Levels as Energy Crunch Deepens

September 12, 2022 12:46:45

The Russia-Ukraine war has had a domino effect on global coal demand that could significantly benefit coal exporting countries such as Australia. With Russia, which is one of the world’s largest coal suppliers, essentially booted out of the global coal market, Australia has seen its coal prices soar.

Before Russia invaded Ukraine, many European countries had began shutting down their coal-fired power plants in favor of cleaner energy sources. In the wake of…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Hawaii Closes Last Coal-Fired Power Plant in Fight Against Climate Change

September 9, 2022 11:27:04

Last week, Hawaii closed its last coal-fired power plant after three decades in operation. The move to close this power plant, which produced one-fifth of the electricity on Oahu, comes after the islands received their last shipment of coal in July.

The closure of this coal plant makes Hawaii the 11th state in the country with no coal-fired power facilities. States such as Vermont and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Analyst Expects Silver Supply Crunch As Price Drops

September 8, 2022 11:33:23

Although gold prices have stabilized at just below $1,175 an ounce, silver has seen its fortunes dim in recent days. Prices for the metal dropped significantly toward the end of August, going down by more than 28% in value against the U.S. dollar since early March.

On Aug. 20, 2022, silver prices dropped by 2.33% against the dollar in just 24 hours, signifying that the decline in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Energy Crisis Prompts China to Increase Investments into Coal

September 7, 2022 11:20:25

China has braved an energy crisis brought on by drought and scorching heat waves these last few months, with some parts of the country suffering power outages on a daily basis.

It is said that increased coal import costs and reckless control of the domestic production of coal may have also…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Why Uranium Expected to Boom in Near Future

September 6, 2022 10:49:05

Fossil fuels such as crude oil, natural gas and coal have been used for more than a century, which makes them the biggest polluters of the environment as well as the biggest culprits of climate change. Unlike fossil fuels, nuclear energy is a zero-emission clean source of energy. This means that nuclear energy doesn’t produce greenhouse gases, which greatly contribute to climate change.

Uranium is the most common fuel used in nuclear fission power stations to generate power. As the use of nuclear energy increases, uranium stocks are…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Slow Permitting Process Could Undermine Biden’s Aim of Boosting Domestic Mining

September 2, 2022 09:29:58

Batteries are poised to play a major role in industries over the next decades amid global efforts to cut down reliance on fossil fuels and switch to sustainable energy. In plenty of countries, this involves steadily replacing conventional gasoline-powered cars with battery electric vehicles (BEVs) that are powered by lithium-ion battery packs.

The efforts will also involve significant…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Biden Administration Considers Financing Canadian Mining Companies

September 1, 2022 10:21:27

The manufacture of low-carbon transportation and energy products such as electric cars needs unique raw materials and minerals, which are usually processed and produced in China. Since these minerals aren’t mined in America, the Biden Administration is considering financing Canadian metal and mining firms.

Canada is said to hold vast wealth in untapped mineral potential, which government officials have invested considerable money and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Pressure on Gold Eases After Recent Federal Reserve Meeting

August 31, 2022 12:26:59

The U.S. economy has entered a technical recession, with data from the Bureau of Economic Analysis showing that the country’s GDP dipped by almost 1% in the second quarter of the year. This comes after a 1.6% drop recorded in the first quarter.

Last month, the Federal Open Market Committee hiked interest rates by more than 70 basis points, to reach…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

S&P Global Says Gloomy Economic Outlook Dampened Mining in Q2

August 30, 2022 11:23:16

The second quarter of the year has been rough on the mining industry. With production costs on the rise and the global economy faltering in recent months, fortunes have dimmed substantially in the mining sector in recent months.

Global mining activity has slowed down since June, and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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MiningNewsWire is part of the InvestorBrandNetwork.

Industrial Info Resources Says More CAPEX Going to Coal vs. Copper

August 29, 2022 11:26:34

Industrial Info Resources recently released new data showing that more than 4,700 metals and minerals capital projects are currently being constructed across the globe. These projects, which include mining, processing and refining, have an aggregate investment value of $443 billion.

Industrial Info Resources provides industrial global market intelligence. Its data also showed that some 10,580 projects, with a combined value of…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) on Target to Own, Control ‘the Elements’ to Supply EV, Renewable Energy, Other Technology Manufacturers

August 26, 2022 13:04:54

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently entered into binding agreements to acquire 17 mineral concessions in Brazil. A recent article reads: “The acquisitions, located in the state of Bahia and total approximately 58 square miles, have the potential to provide UUUU’s White Mesa Mill with large quantities of rare-earth-element and uranium-bearing natural monazite sand for decades. “This is another very significant step in Energy Fuels’ development as a major global rare earth element producer based in the United States,” said Energy Fuels CEO and President Mark Chalmers. “We are aggressively seeking to expand our monazite sand feeds. With guidance from our heavy mineral sand experts, the company has been evaluating the acquisition of monazite-bearing projects… In my view, this acquisition will provide significant credibility to investors, other monazite suppliers, and clean-energy manufacturers, as we will clearly demonstrate that Energy Fuels is well on its way to becoming a large-scale producer of advanced rare earth materials in the U.S. We have already proven our processing capabilities. Now we are proving that upon successful completion of this acquisition, we will own and control ‘the elements’ to supply EV, renewable energy and other technology manufacturers.”

To view the full article, visit https://ibn.fm/vPEyd

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to full commercial-scale production of RE Carbonate. Its corporate offices are in Lakewood, Colorado, near Denver, and all its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300 and NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Oil, Gas Industries to Benefit from Recently Signed Climate Bill

August 26, 2022 11:13:52

Earlier in January, the oil industry in America hit a snag when a natural gas and oil lease sale in the Mexican Gulf was struck down by a judge, who cited future global warming emissions as the primary reason. This move reduced new offshore drilling opportunities for players in the market, such as Exxon and Chevron, while increasing concerns on climate change.

This setback was short lived, however, after President Joseph Biden…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Kazatomprom Announces Plans to Ramp Up Production of Uranium in 2024

August 25, 2022 11:05:47

In its latest mid-year financial update, Kazatomprom revealed that it planned to increase its production for uranium in 2024. Kazatomprom is the biggest producer and seller of natural uranium globally, producing more than 40% of primary uranium supply. The company, which operates as Kazakhstan’s national operator, is involved in the import and export of uranium and its compounds.

Yerzhan Mukanov, the company’s chief operational officer and acting CEO, announced that taking into account evolving production and…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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Global Food Crisis Looms as Fertilizer Shortage Worsens

August 24, 2022 10:52:50

fertilizer shortage affecting countries around the globe is threatening to make the already severe global food crisis even worse. Fertilizers are manufactured using three main ingredients: potassium, phosphorus and nitrogen. They are usually used to improve soil fertility by introducing the nutrients needed by plants that are missing or not adequate into the soil.

United Nations officials have given more warnings about the looming fertilizer crisis, as vulnerable nations in continents such as Africa deal with…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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BHP Rakes in Record-Setting Profits as Demand for Coal Soars

August 23, 2022 10:50:16

For the past couple of years, future predictions for coal seemed to be grim. As countries around the world stepped up their efforts to incorporate green energy into their infrastructures, dirty energy sources such as coal and oil would be among the first to get the axe.

Coal is among the…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Report Says Market for Mining Explosives Expected to Hit $33B by 2031

August 22, 2022 11:28:26

A new TMR study has found that advanced explosives delivery technologies and the increase in the adoption of digital tools are enhancing the outlook of the mining explosives market. The study notes that it is expected that flourishing coal and metal mining activities in countries around the globe will create significant streams of revenue for the market. Projections also show that the size of the global mining explosives market will reach at least $32.6 billion by the end of 2031.

Below are some of the key findings of the study on…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Coal Industry Expresses Displeasure About New Climate Deal

August 19, 2022 11:11:31

Coal is one of the dirtiest sources of energy. In 2021, coal accounted for 59% of the carbon emissions in the electric power industry. As the effects of climate change become more apparent amid extreme heat waves and freezes, the United States has resolved to reduce its reliance on fossil fuels and cut its carbon emissions.

Unsurprisingly, coal was the first energy source to receive the ax, with the U.S. reducing the number of operational coal-fired power plants from…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Despite Headwinds, Demand for Gold Increased During First Half of 2022

August 18, 2022 11:32:47

The most recent Gold Demand trends report from the World Gold Council has revealed that global gold demand in the first half of 2022 went up by 12% amid stronger exchange-traded fund (ETFs) inflows. The rally is great news for the gold industry, which had seen demand drop by 8% year-on-year in the second quarter of 2022, at 948 ton. The WGC Gold Demand Trends Q2 2022 report stated that gold demand stood at 1,031.8 tons during Q2 2022.

The demand for gold was affected by a decline in the number of central banks buying gold, increased outflows from ETFs and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) White Mesa Mill ‘Meets Definition of Domestic Clean-Energy Infrastructure’

August 17, 2022 13:22:15

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based producer of uranium and vanadium and an emerging producer of rare earth elements (“REE”) products. “After concerns surfaced about the impact a Utah uranium mill [Energy Fuel’s White Mesa Mill] might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is ‘no evidence that implies the tailings cells are leaking or contaminating groundwater.’ That assessment aligns with what Energy Fuels has said all along; safety and environmental protection are top priorities for the company,” a recent article reads. The piece contains excerpts from the op-ed authored by metallurgical and materials engineer Corby G. Anderson. “The Mill meets the definition of domestic clean-energy infrastructure,” Anderson concludes. “It responsibly produces uranium, vanadium and rare earth materials more advanced than any other company in the U.S., containing elements needed for EVs, wind energy and carbon-free energy… With a comprehensive environmental program overseen by meticulous state and federal regulators, including more than 80 air and groundwater monitoring locations, I see no indication or evidence that the Mill is adversely impacting groundwater or drinking water. There is zero evidence of excess radon or other air emissions.”

To view the full article, visit https://ibn.fm/drWwT

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to full commercial-scale production of RE Carbonate. Its corporate offices are in Lakewood, Colorado, near Denver, and all its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300 and NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Barrick Gold CEO Says Mining Industry Should Expect More Inflation

August 17, 2022 11:49:06

The global economy has faltered in the past couple of years due to the COVID-19 pandemic, strained supply chains, shortages and the fallout from the Russia-Ukraine war. In June, the UN predicted that inflation would rise to 6.7% in 2022, more than twice the average inflation levels recorded from 2010 to 2020.

Several industries have been affected by the rising inflation levels, with sectors such as mining being especially affected. Mining companies have reported increased operational costs due to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Analyst Says Current Company Valuations, Prices Unfavorable for Increasing Copper Production

August 16, 2022 13:56:41

The International Energy Agency predicted in its 2017 World Energy Outlook that by 2040, China may have exceeded the European Union’s energy consumption. In the report, the agency stated that electricity was the rising force among global end uses of energy, noting that it would make up 40% of the increase in final consumption by 2040. To help produce and distribute electricity in this new world, a recyclable and durable metal that possessed good electrical conduction properties would be needed.

This is why many expect that as the world enters a new era of technological innovation and international industrialization, the demand for…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Scientists Successfully Kill COVID-19 Virus Using Copper Nanoparticle Spray

August 15, 2022 12:11:37

In late 2019, scientists from Wuhan, China, announced the discovery of a novel coronavirus that was highly communicable, had flu-like symptoms, and seemingly had no cure. The virus quickly spread to the rest of the world, infecting more than 500 million people globally and taking more than 6 million lives.

More than two and a half years after the pandemic started, scientists have found a way to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Coal Imports in China Grew 24% in July as Summer Energy Demand Grows

August 12, 2022 13:00:36

Right up until Russia invaded Ukraine and exacerbated the global energy crisis, most developed countries were firing down their coal power plants in favor of cleaner sources of energy. Coal is the largest source of carbon emissions on the planet, and supplementing it with cleaner alternatives would go a long way toward combating runaway climate change.

However, the Russia-Ukraine war forced plenty of European countries to turn back to coal as Russia cut its…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Westinghouse, EDF to Study How Accident-Tolerant Nuclear Fuel Can Best Be Utilized

August 11, 2022 11:48:54

Although nuclear energy is often seen as a dangerous energy source, especially in the wake of the Fukushima and Chernobyl nuclear disasters, the chances of a nuclear reactor accident happening are astronomically low. In the decades since more than two dozen countries have begun using nuclear energy, these have been the only two major incidents, underlying the low risk levels associated with nuclear reactors.

The enhanced safety is partly due to advancements in technology that have made it possible to design components that minimize accident risk while maximizing response times. Accident-tolerant fuel, which refers to new fuel pellet and cladding designs that make light-water reactor fuels more tolerant to severe accident conditions, is one such novel technology. By using new materials to enhance fission production retention and reduce hydrogen buildup, and that are more structurally resistant to corrosion, radiation and higher temperatures, accident-tolerant fuels can significantly increase the performance and severe accident response times of nuclear fuels.

EDF and Westinghouse Electric Company have partnered together to run a study on how to best leverage Westinghouse’s EnCore accident-tolerant fuel (ATF). Westinghouse Electric Company will conduct tests on the EnCore accident-tolerant fuel at an EDF reactor in preparation for possible deployment across the entire EDF nuclear fleet after the end of the decade.

The first phase of the program will involve adding chromium-coated zirconium cladding to enhance corrosion resistance and oxidation, as well as including higher-density panels to improve fuel economy. The EnCore Fuel program’s second phase will be designed to ramp up safety and increase economic benefits by introducing high-density uranium silicide pellets and silicon carbide composite cladding.

According to Westinghouse, it will begin deliveries of the EnCore assemblies alongside lead test rods (LTR) to France’s EDF by next year. The EnCore assemblies will be developed at the company’s Västerås, Sweden-based fuel fabrication plant.

Additionally, Westinghouse will run a post-radiation exam to ensure that the amplified accident tolerance features provided by EDF’s reactors function under operating conditions. This will be the largest research and development plan that Westinghouse has conducted on enhanced fuel in Europe to date, the manufacturing company said.

Tarik Choho, president of Nuclear Fuel at Westinghouse, stated that the manufacturing company is a pioneer in the accident-tolerant fuel initiative and noted that the company had successfully delivered programs to American and European customers in 2019 and 2020.

He said that Westinghouse is “delighted” to partner with EDF, which currently runs 56 pressurized water reactors in France, on the upcoming ATF project. This test program offers the possibility of wider uranium energy adoption, thereby boosting the market served by extraction firms such as Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR).

NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Glencore Announces Huge Profits as Coal Prices Skyrocket

August 10, 2022 13:28:16

Last week, Glencore announced that it had raked in more than $18 billion in profits during the first half of this year. This figure, the mining and commodities trading company stated, could be attributed to its thriving thermal coal business and was more than double its 2021 profit for the same period.

Glencore CEO Gary Nagle stated that higher rates of interest, a global economic slowdown and inflation would likely decrease its earnings in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Europe Considers Switching to Manure as Sanctions Cut Off Fertilizers from Russia

August 9, 2022 12:54:42

Most experts, from the World Bank to leaders in key industries, believe that the geopolitical and economic effects of Russia’s unprovoked invasion of Ukraine will last for some time. The war in Ukraine has exacerbated the global energy crisis, caused food prices worldwide to soar and presented a significant risk to the worldwide economy.

Sanctions against Russia, which is a top energy producer, have forced European countries to revert back to coal and increased fears of…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Shortage of Coal Looms in Europe as Ban on Russian Imports Nears

August 8, 2022 13:25:57

The Russia-Ukraine war has had a significant impact on the global energy space. Given that Russia is a major player in the energy industry, sanctions meant to harm its war effort in Ukraine have had untold consequences on energy and food prices. Chief of those consequences resulted from Russia’s decision to reduce oil and natural gas exports to Europe in retaliation for Western sanctions. This forced several countries to turn back to coal for energy production, a move that irked clean-energy advocates who argued that these nations were turning back on their green-energy pledges.

Although European countries that were short on energy turned to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reports Second Quarter 2022 Results

August 8, 2022 10:30:09

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has filed its Q2 2022 financial results for the period ended June 30, 2022; the company also scheduled a webcast to discuss those results. The webcast is slated for Aug. 9, 2022, at 4 p.m. EDT. Highlights of the report show that Energy Fuels has a robust balance sheet with $134.1 million of working capital; total includes $86.4 million in cash and cash equivalents, $11.8 million marketable securities and $28.6 million of inventory with no debt; the report noted that at current commodity prices, the company’s product inventory has a value of $43.9 million. The report also stated that UUUU incurred a net loss of $18.1 million, including a noncash, mark-to-market decrease in the value of investments.

Corporate highlights included that Energy Fuels entered into three long-term uranium sales contracts with U.S. nuclear utilities, with base quantities under these contracts totaling 3 million pounds with deliveries to occur during the next seven year; the company noted that if the buyers exercise all options, delivery quantities could increase to as much as 4.2 million pounds. In addition, in May 2022, Energy Fuels entered into agreements to acquire a 58-square-mile rare earth land position in Brazil known as the Bahia Project. Those interested in participating the results event, which will discuss UUUU’s Q2 2022 financial results as well as the company outlook for 2022, including uranium, rare earths, vanadium and medical isotopes can 1-888-664-6392, toll free in the United States and Canada. In addition, a recorded version of the webcast and call will be available on the company’s website or by calling 1-888-390-0541 and entering 536175.  “Energy Fuels continues to make progress on all fronts of our uranium, rare earth, vanadium and medical isotope businesses,” said Energy Fuels president and CEO Mark Chalmers in the press release. “Uranium markets have been volatile but remain strong. We continue to believe the short- and long-term fundamentals for uranium continue to point to higher pricing.”

To view the full webcast, visit https://ibn.fm/byl2E

To view the full press release, visit https://ibn.fm/520U9

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects as market conditions warrant and is ramping up to full commercial-scale production of rare earth (“RE”) carbonate. With corporate offices in Lakewood, Colorado, and all of its assets and employees in the United States, Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today and has a licensed capacity of more than 8 million pounds of U3O8 per year; the mill  also has the ability to produce vanadium when market conditions warrant, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U308 per year. In addition to the above production facilities, Energy Fuels has one of the largest S-K 1300- and NI 43-101-compliant uranium resource portfolios in the United States and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Mining Executive Believes Uranium Will Help Tackle Energy Crisis

August 5, 2022 09:32:20

The world is in the midst of an energy crisis. Energy prices have soared in the past few months, putting immense stress on household budgets, industries and entire economies. Russia’s unprovoked invasion of Ukraine has also had a major impact on the global energy space, pushing oil and gas prices to historically high levels and forcing many countries to go back to coal for energy production.

With no end in sight for the energy crisis, one mining executive believes that nuclear energy will play a major role in…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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India Unveils First Transnational Bullion Exchange Aimed at Fostering Transparency

August 4, 2022 11:25:48

Last week, the Prime Minister of India, Narendra Modi, launched the country’s first global bullion exchange in an effort to facilitate transparency within the precious metals market. This will make it easier for small jewelers and bullion dealers to trade in the market and lead to uniform pricing for gold in the country.

In a statement at the inauguration, Modi said that India was laying strong claim in the global financial services sector through this…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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IEA Report Projects Increase in Global Demand for Coal

August 3, 2022 10:50:00

A recently published IEA report has projected that the global consumption of coal this year will increase to high levels last recorded almost 10 years ago. Based on current market and economic trends, the consumption of coal around the globe is expected to increase by 0.7% this year, reaching eight billion tons. This is assuming China’s economy will recover in this year’s second half.

This new international total will match the figures recorded in 2013, with the new report also highlighting the turmoil observed in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Race to Secure Supplies of Battery Materials Intensifies

August 2, 2022 12:14:04

As the world adopts the use of electric vehicles, the increasing demand for nickel, lithium, cobalt and other key ingredients needed for batteries outpaces the supply, which has been affected by a general lack of investment and pandemic-related logistical woes. This, coupled with increasing concerns over the dominance that China exhibits in the market and the slowing global economy, has led to an increase in prices and, in turn, accelerated the race to secure supply.

For instance, General Motors announced last week that it had entered into a number of supply deals for the raw materials it requires for…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

Copper Recovers as Dollar Weakens, Supply Concerns Deepen

August 1, 2022 10:25:34

Over the past couple of years, geopolitical events have led to a slowdown in the global economy, starting with COVID in late 2019 and culminating with the Russia-Ukraine war earlier this year. The pandemic significantly impacted supply chains and led to issues, including the global chip shortage, that are still affecting industries to this day, while Russia’s invasion of Ukraine contributed to soaring energy and food prices across the world.

Several other economic factors have caused the dollar to depreciate in value for the past few months, with the greenback dropping in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

How Effective Can Banning Gold from Russia Be?

July 29, 2022 10:53:23

Russia’s unprovoked invasion of Ukraine has resulted in a slew of economic sanctions from Western nations looking to harm its war efforts. These sanctions includes financial measures against Russia’s largest financial institutions, bans on Russian oil and natural gas, and sanctions against individuals and businesses that are thought to be close to the Kremlin.

More than four months after…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Freeport Misses profitability Estimates Due to Falling Copper Prices

July 28, 2022 10:19:21

Freeport-McMoRan Inc. (NYSE: FCX) recently posted its released profit figures last week, which show lower figures than expected per estimates. This comes as the price for copper drops amid coronavirus lockdowns in China as well as widespread fears of a global recession.

Freeport, which is said to be the largest publicly traded miner of copper globally, reported a net income of $840 million for the second quarter of…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

DOE Researchers Announce Breakthrough in Nuclear Fusion Technology

July 27, 2022 11:22:54

Scientists at the Princeton Plasma Physics Laboratory under the U.S. Department of Energy have made an advancement in nuclear fusion technology, which brings them closer to realizing their goal to harness limitless energy. Nuclear fusion occurs when light atoms are merged together to create charged particles, known as plasma, that in turn create enormous amounts of energy. This latest breakthrough will make initiating and maintaining nuclear fusion easier.

Researchers have long been working to understand the mechanism that would allow them to harness nuclear energy. Scientists in this…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Russian Coal Exports to China Increase by 22% Because of Low Prices

July 26, 2022 13:30:23

China increased its imports of coal from Russia by 22% in June as Russia reduced coal prices amid Western sanctions resulting from Russia’s invasion of Ukraine. Data sourced from the General Administration of Customs showed China imported 6.12 million tons of Russian coal in June, up from about 5 million in May.

Currently the largest consumer of coal on the planet, China is also…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

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MiningNewsWire is part of the InvestorBrandNetwork.

Greenpeace Reveals That China Continues to Approve Coal Plants Despite Emission Commitments

July 25, 2022 12:08:03

Coal is a nonrenewable fossil fuel that is used by most countries in the West as well as Asia to generate electricity. When burnt, this fuel produces carbon dioxide, which contributes greatly to global climate change by trapping heat in the earth’s atmosphere and in turn warming the planet.

Earlier this week, Greenpeace released a report confirming that China recently approved the construction of about 8.6GW of coal power in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Nanofertilizers Set to Be Next Big Thing in Agriculture

July 22, 2022 11:55:23

For decades, the agriculture industry has used conventional fertilizers to increase plant yields by replacing soil nutrients and ensuring the soil has the right balance of nutrients. Researchers are now working on a class of fertilizers called nanofertilizers, which have the potential to revolutionize agriculture. As the name suggests, the development of nanofertilizers leverages nanotechnology to create either synthesized nanofertilizers or modify traditional fertilizers by taking extracts from different reproductive or vegetative parts of the plant.

Nanofertilizers can be quite effective at suffusing the soil with nutrients and increasing fertility, plant yields and raising the overall quality of…

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Study Says Advanced Nuclear Reactors Could Lower Costs of Energy Transition

July 21, 2022 10:58:32

A new study by the Breakthrough Institute has found that advanced nuclear reactor commercialization can reduce the total cost of energy as America transitions to the use of clean energy. This report used a high-resolution model of America’s electricity sector to show how advanced nuclear reactors could play a significant role in reducing the cost to transition the power grid to clean energy by 2050.

It should be noted that the study is based on the assumption that the first advanced reactors will…

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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European Union Reduces Coal Imports from Moscow Ahead of Total Ban

July 20, 2022 10:46:34

In the months since Russia’s unprovoked invasion of Ukraine, Western countries have issued various sanctions against Russia to weaken its war effort. However, Russia is one of the world’s largest producers of oil, natural gas and coal, supplying energy to many EU countries and America.

This reliance on Russian energy means that efforts to sanction Russian exports could significantly impact the global economy. Even so, the European Union (EU) is…

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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How Does Gold Perform Amid Extreme Economic Turmoil?

July 19, 2022 12:00:06

Last month, the World Bank predicted a slowdown in the global economy, forecasting that economic growth would go down from 5/7% in 2021 to 2.9% in 2022. The World Bank warned that there was a compounded risk of global recession due to the Russia-Ukraine war and that less developed countries in East Asia and Europe were extremely likely to face a major recession.

In such times of economic turmoil, investors often turn to assets such as gold to store their money. Thanks to its ability to retain value even during times of…

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The Netherlands, Austria and Germany Begin to Use Coal Again Amid Energy Crisis

July 18, 2022 11:14:28

Late last month, the Netherlands turned back to the use of coal as the invasion of Ukraine, which sparked an energy crisis, rages on. The Dutch stated that they would lift restrictions on fossil-fuel powered stations, which had before then been limited to one-third of output.

Vienna and Berlin also made similar announcements as Russia, which is facing sanctions over its Ukraine invasion, cut its…

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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U.S. Firms Enter into Partnership to Recycle Nuclear Fuel

July 15, 2022 10:24:08

As the world moves away from the use of fossil fuels in favor of renewable energies in an effort to decrease carbon emissions, interest in the use of uranium as a nuclear fuel continues to grow.

Uranium, which is a non-carbon-emitting fuel, is mostly used by nuclear power plants to generate electricity for power grids. However, once the fuel is spent and…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Factors That May Influence the Price of Gold in the Weeks Ahead

July 14, 2022 11:03:32

Gold prices have been all over the place for the past couple of weeks, hitting a 10-month low last week before rallying a little as the week drew to an end.

As economic conditions across the world…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Copper Rallies as US Dollar Wavers

July 13, 2022 14:37:33

Copper prices have rallied after months of lows amid a slight drop in the value of the U.S. dollar. Prices hit their lowest point since November 2020 in early July as increased COVID-19 cases in China, rising inventories, hawkish interest rates and a potential recession affected investor sentiment.

By July 7, 2022, copper for delivery in the month of September was trading at $3.57 per pound, which is about $7,875 on the New York COMEX Market, rising by 5% from the…

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Possible Rate Hikes, Strong Dollar Decreasing Gold’s Appeal

July 12, 2022 14:53:44

Gold has always been a safe haven asset for investors looking to retain the value of their money during times of market turmoil. However, gold prices have been down for quite a while and recently hit a six-month low as the U.S. dollar rallied and reached a two-decade high.

Spot gold fell by 1.4% to trade at $1,738.99 per ounce while U.S. gold futures were down by 1.5% to $1,738.3. Gold’s appeal as a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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The Top-Five Countries Producing Uranium Globally

July 11, 2022 12:35:41

Uranium, an element utilized in the generation of nuclear energy, is said to be one of the best nonrenewable sources of energy because it doesn’t emit any greenhouse gases. Figures from the World Nuclear Association (WNA) show that global uranium production slightly increased by 1% from 47,731 tons in 2020 to 48,303 tons in 2021. The association stated that 77% of global uranium demand was covered by mined uranium while secondary sources covered the rest of the demand.

Kazakhstan was the top uranium producer in the world in 2021, supplying 45% of the global uranium demand. It currently holds…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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The Sliding Price of Copper Heightens Fears of Recession

July 8, 2022 10:27:57

Over the past couple of months, severe supply chain disruptions, rising costs of living and attempts by the feds to forestall inflation have increased fears of a recession among investors.

During such speculative times, investors often look to assets such as copper to help predict the health of the economy and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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How High Can the Price of Coal Still Go?

July 7, 2022 11:50:27

Ideally, we should be moving away from using coal to generate energy in exchange for cleaner, more renewable sources of energy. However, recent events have led to a significant increase in the demand for coal and caused an unprecedented increase in coal prices around the world.

Even though the Russia-Ukraine war has definitely contributed to the increased coal demand, coal prices were on the…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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EU Expresses Concerns Over Countries Reneging on Fossil-Fuel Reduction Commitments

July 6, 2022 13:36:46

The European Union is not happy with EU nations that have gone back to burning coal to generate power in the wake of the energy crisis caused by the Russia-Ukraine war. During a recent interview, EU chief Ursula von der Leyen said that European nations have to make sure they don’t backslide to using dirty fossil fuels as the energy crisis continues. Rather, she told media outlets, we should use the crisis to move our transition to clean fuels forward.

Russia is a major global producer of oil and gas, with a large chunk of those going to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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G7 Asked to Support Nuclear Energy Use in Fighting Against Climate Change

July 5, 2022 13:22:01

Nuclear energy is said to cut down the number of atmospheric carbon emissions by more than 470 metric tons every year. The G7 nations are now being asked to leverage this technology in their own countries to aid in the global goal of achieving low-carbon emissions and securing a reliable supply of clean energy. Furthermore, the leaders of the G7 nations have been asked to help other nations start or restart their nuclear programs to combat global carbon emissions.

Shortly before the 48th G7 summit was held in Germany, the nuclear industry sent a joint message to the leaders of the G7 countries asking them to…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Root Microbiota Plays Crucial Role in Sustainable Farming

July 1, 2022 11:10:00

We all know that the type of soil and whether or not it is filled with organic life are major factors that affect crop growth. Once we look even deeper into the connection between soil and plant growth, we can see that the relationship between microbial communities in the soil and root types plays a big impact on the growth and survival of plants.

Growers who understand how the interaction between organic life in the soil and root type affects plant yield can take steps to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Surge in Demand for Electricity Causes China to Ramp Up Coal Production

June 30, 2022 12:45:42

China is poised to ramp up coal production amid a significant surge in electricity demand. With central and northern China experiencing a historic heat wave, millions of Chinese residents in Hubei, Henan and Shandong provinces have been turning to their air conditioners to keep the heat at bay.

Last week, numerous cities in Shandong warned residents to stay inside as heat levels soared past 40oC. Since the region is home to…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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New US Initiative Helps Ensure New Sources of Important EV Minerals

June 29, 2022 12:03:57

The State Department has begun an initiative that would act as a middle point between resource-rich countries and American companies that would like to invest in resource-rich countries but are afraid to take the plunge.

During a recent visit to Cape Town, South Africa, for a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

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MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Invesco Analyst Maintains Bullish Outlook for Gold Despite Interest Rates Hike

June 28, 2022 12:49:50

For decades, gold has proven to be a safe-haven asset capable of weathering economic downturns without significant price-reductions. Now that the global economy is in a slump and is predicted to enter a recession in the near future, analysts say that gold still remains a solid investment even after the Federal Reserve hiked interest rates by the highest percentage since 1994.

Invesco’s chief investment strategist Kristina Hooper stated in a recent interview that even…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

UN Experts Call for More Transparency in Gold Trade to Address Violence in Congo

June 27, 2022 13:42:25

An independent group of experts from the United Nations is calling for more transparency in gold trade in the wake of increased smuggling and violence in the gold mines in the Democratic Republic of Congo. UN experts have announced that governments need to make their gold trade data public to help combat this menace after dozens of people were killed during a gold mine raid in Northeast Congo.

According to a report from the organization, armed groups and security forces have been involved in interethnic…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Wyoming’s Nuclear Industry May Benefit from Ukraine War

June 24, 2022 13:21:38

Wyoming’s once-booming uranium industry could be poised for a resurgence due to the geopolitical fallout of the Russia-Ukraine war. Once the largest in America, the uranium industry in Wyoming operated several mines and employed thousands of workers. However, the industry was hit hard by a drop in uranium prices in the 1980s coupled with cheap imports from Europe and Asia.

However, industry experts predict that uranium mines in Wyoming could soon resume operations if the government places…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Researchers Find Copper More Effective in Killing COVID Viruses

June 23, 2022 09:26:59

New research from Ruhr-University Bochum has revealed that copper has the ability to kill covid viruses much more effectively than silver. Researchers have found a way to make these two metals release more ions than they would have due to corrosion, a process that makes them more deadly to bacteria. The researchers published their findings in the “Scientific Reports” journal.

This procedure, which is referred to as a “sputtering system,” allows researchers to apply an extremely thin layer of metal onto a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

The Top 10 Gold Mines Around the World

June 22, 2022 14:40:04

Gold has always been used as a safe haven asset, particularly in times of economic upheaval, as the metal maintains its value during these periods instead of depreciating. With the global costs of living rising and the economy on the brink of a recession, gold mining companies could be making a killing as demand for gold rises.

Data from the World Gold Council shows that the top-10 gold producers in the world accounted for…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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MiningNewsWire is part of the InvestorBrandNetwork.

Copper’s Outlook Dims as Threats Increase

June 21, 2022 09:20:16

CRU Group, a business intelligence company, believes that copper’s outlook may not be as bright as we thought, thanks to a myriad of market risks. While speaking at a mining conference in Toronto, the CRU Group director of copper research and strategy Vanessa Davidson stated that these threats could stand in the way of copper’s growth at a time when the world needed the metal to help wean itself off of fossil fuels.

During her remarks, she listed some threats, which included reduced gross domestic product (GDP), reduced industrial production caused by…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

U.S. Government Wants Billions Allocated to Wean Itself Off Uranium from Russia

June 17, 2022 11:27:58

Russia’s invasion of Ukraine has had negative geopolitical consequences that will last for years. As countries around the world raced to place sanctions on Russia for its unprovoked invasion, it became pretty clear that the energy sector was bound to take a major hit. Russia, which is a major supplier of uranium, provides an estimated 35% of the world’s enriched uranium.

In 2020, the Eastern-European country was the…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Coal to Solar Scheme Awards Grants for Almost 300MW of Energy Storage

June 16, 2022 14:41:45

On average, coal power plants generate around 45% of America’s electricity. Coal is one of the cheapest and most abundant sources of electricity, allowing energy providers to generate electricity at relatively little cost.

However, coal is also one of the…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

America Tells Global Climate Conference That Continuing Coal Use Puts World in Jeopardy

June 15, 2022 11:49:01

Currently, coal provides more than 35% of the world’s electricity. It was largely responsible for the Industrial revolution and allowed us to generate electricity and mass-produce commodities; In addition, it provided fuel for transport. However, coal is also responsible for a significant percentage of global greenhouse gas emissions. Burning coal produces more than 700 million metric tons of carbon dioxide every year in the United States alone. Using coal as an energy source is also associated with environmental impacts such as acid rain, smog, ground-level ozone and particulate emissions.

Speaking at the Bonn Climate Conference, U.S. Envoy on climate change John Kerry said the world is “cooked” if it…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire is part of the InvestorBrandNetwork.

Production of Coal in Virginia on the Rise

June 14, 2022 14:53:58

The production of coal in the state of Virginia is high and still growing, driven by the rising demand for steel as America focuses on infrastructure investment. Virginia mainly produces metallurgical coal, which is primarily used in steelmaking.

President of the…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Why the Price Rally for Gold May Not Slow Down This Year

June 13, 2022 12:54:57

Gold prices have been on the rise for the past couple of months, and all indications are that this rally won’t be stopping any time soon. Several factors, including geopolitical unrest, increasing inflation and talk of an impending recession, have increased gold’s traditional appeal as a safe haven.

Speaking at a precious metal conference held in Singapore, Silver Bullion Pte founder Gregor Gregersen said that we are in for a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

National Lab Director Believes Energy Can Be Harnessed from Nuclear Waste to Power Reactors

June 10, 2022 11:11:29

Idaho National Laboratory’s associate lab director Jess C. Gehin believes that there exists enough energy in nuclear waste in America to power the whole nation for a century. This, he says, could help solve the issue of how to dispose of nuclear waste.

A fast nuclear reactor, which is the technology…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

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MiningNewsWire is part of the InvestorBrandNetwork.

Study Finds That Eliminating Use of Coal Would Yield Social Benefits

June 9, 2022 14:31:07

New research has found that phasing out the use of coal through the use of renewable energy would be good for the society. The study, which was carried out by researchers at the Imperial College School of Business, stated that the transition to green energy from coal would result in about $77.9 trillion in benefits for the society. These benefits include decreased harm to people’s health and individuals dealing with less fallout from climate change.

The investigators calculated the social benefit from phasing out coal and the cost of replacing coal with green energies to determine an approximation of…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Jewelers Finding It Hard to Source for Gold During War Time

June 8, 2022 12:25:31

Following Russia’s invasion of Ukraine earlier in the year, it has become increasingly difficult to obtain raw materials such as diamonds and gold for makers of luxury watches and jewelry. Data from the World Gold Council show that Russia is the largest producer of natural diamonds globally, as well as the second-biggest miner of gold in the world.

Earlier in March, the Cartier maker stated that it had not been purchasing diamonds mined in Russia, reaffirming in its…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Goldman Sachs Predicts Extreme Copper Supply Crunch

June 7, 2022 11:09:33

Nick Snowdon, a metals strategist at Goldman Sachs, recently stated that predictions on copper supply issues in the long term were potentially right and would probably cause the metal’s price to reach $15,000 per ton. The demand for copper is expected to rise significantly over the next 10 years as demand for electric cars, electricity infrastructure and renewable energy increases alongside international targets for reductions in carbon emissions.

The new supply cannot meet the increasing demand, however, with the significantly low supplies of the red metal held in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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How You Can Profit from Gold Extractors M&A Deals

June 6, 2022 13:40:46

Over the last 10 years, the price of gold has returned more than 15% annually in terms of the U.S. dollar. However, shares in companies that produce the precious metal have found it hard to keep pace with the value of the commodity.

Newmont Corporation (NYSE: NEM) (TSX: NGT) and Barrick Gold, two of the biggest miners of gold globally, have returned about 4.6% and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Commodities Rally as Coronavirus Cases Drop in China

June 3, 2022 10:49:07

The Chinese government recently started loosening restrictions imposed when coronavirus infections were high. The relaxing of these restrictions, which had been choking the country’s economy, allowed industrial commodities to rise.

The virus is now considered to be under control in Beijing, with officials in Shanghai outlining their plan to revive the municipality after a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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DOE Asks Congress to Fund Domestic Uranium Enrichment

June 2, 2022 13:59:05

Jennifer Granholm, the U.S. Secretary of Energy, is seeking funding from Congress that will be used to establish a domestic source of enriched uranium. In the letter, requesting the funds, the Department of Energy stated that America’s reliance on imports from Russia created a vulnerability to the country’s economic and national security.

This letter comes as Western nations continue imposing sanctions on Rosatom Corp. in response to Russia’s invasion of Ukraine. Rosatom Corp. is the…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Germany to Reopen Coal-Fired Plants if Russia Cuts Off Natural-Gas Shipments

June 1, 2022 14:09:12

Europe purchases two different kinds of coal from Russia: metallurgical coal, which is used in the manufacture of steel, and thermal coal, which is used in power plants to generate power. Robert Habeck, Germany’s economic minister, revealed recently that the country was planning to bring back oil- and coal-fired power plants if Russia cut off shipments of natural gas to Europe.

The minister will be presenting a proposed law this week that will allow the country’s government to bring back these…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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How The Bitcoin Mining Community Comes Together

June 1, 2022 13:35:00

Bitcoin miners are an important yet often overlooked section of the cryptocurrency community. While people like Michael Saylor or Jack Dorsey grab the headlines, Bitcoin miners are in the background, securing a network that processes billions of dollars in value annually.

As mining plays a key role in Bitcoin, it is important to have an avenue for professionals to interact and discuss industry-related issues. Not only does this foster a sense of community, but it promotes cross…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Qatar Minister Says the West Is Paying for Ostracizing Oil Companies

May 31, 2022 14:24:39

In a recent interview, the Minister of Energy in Qatar, Saad Sherida Al-Kaabi, stated that a decline in investments in the production of gas in a bid to reduce carbon emissions had contributed to the United Kingdom’s current fuel crisis. In the interview, Sherida Al-Kaabi stated that Qatar was willing to help England with its crisis as he condemned nations in the West that had demonized gas and oil companies.

The minister explained that the main cause of the current price increase for energy as well as gas prices in various parts of the world, including…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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China Buys Russian Coal as Moscow Seeks New Buyers

May 27, 2022 12:26:47

Recently released trade data shows that between March and April, imports of coal into China from Russia surpassed 4 million metric tons. Russia is China’s biggest supplier of coal, making up 19% of the nation’s coal imports, which is a 5% increase from the share it had a few months ago. This increase in coal imports into China comes as countries in the West impose sanctions on Russia over its invasion of Ukraine.

The trade of coal between the countries decreased shortly after Russia invaded Ukraine in February and countries in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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IAEA Says Uranium Stockpiles Are Worryingly Low

May 26, 2022 12:37:07

Dr. Adrienne Hanly of the International Atomic Energy Agency stated recently at the World Nuclear Fuel Cycle conference that inventory levels for uranium fuel for nuclear utilities in the United States hadn’t hit the 2+ years recommended minimum. Hanly, who is a uranium production specialist at the agency, stated that at 16 months’ worth of uranium requirement, utilities in America had limited ability to manage a supply disruption independently.

The specialist’s comments drew the attention of Duncan Craib, the CEO of Boss Energy, who admitted that the company’s inventory levels were…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

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MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Elects Directors at Annual Meeting of Shareholders

May 26, 2022 11:30:04

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, held the election of directors at its annual meeting of shareholders. The meeting was held virtually on May 25, 2022. During the meeting, the 10 nominees that were proposed for election by management were successfully elected. Elections were held via both proxy and electronic poll. The newly elected directors are J. Birks Bovaird, Mark S. Chalmers, Behamin Eshleman III, Ivy V. Estabrooke, Barbara A. Filas, Bruce D. Hansen, Jaqueline Herrera, Dennis L. Higgs, Robert W. Kirkwood and Alexander Morrison. All directors were elected by at least 84% of the vote. Energy Fuels supplies U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects as market conditions warrant and is ramping up to commercial production of rare earth element (“REE”) carbonate.

To view the full press release, visit https://ibn.fm/VCy1N

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects as market conditions warrant and is ramping up to commercial production of rare earth element (“REE”) carbonate. With corporate offices in Lakewood, Colorado, and all of its assets and employees in the United States, Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today and has a licensed capacity of more than 8 million pounds of U3O8 per year, has the ability to recycle alternate feed materials from third parties, to produce vanadium when market conditions warrant and to produce REE carbonate from various uranium-bearing ores. Energy Fuels is also evaluating the potential to recover medical isotopes for use in targeted alpha therapy cancer treatments. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U308 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300- and NI 43-101-compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Friedland Says ESG Criteria Will Determine Mining Companies’ Staying Power in the Industry

May 25, 2022 14:02:43

Robert Friedland, the CEO and founder of Ivanhoe Mines Ltd, stated recently that producers of metals will have to renew their relationship with communities in order to acquire social licenses to increase their output for the metals needed during the transition to clean energy. Friedland said this while speaking on a panel at the New Economy Gateway Latin America event, which was taking place in Panama City. He added that mining was important for building a new economy, noting that copper was a “new oil.”

However, for the industry to gain acceptance, it has to significantly improve how it engages with communities while…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Report Highlights That Switching from Coal to Renewable Energy is Now Cheaper

May 24, 2022 11:07:38

The prices of gas and coal have increased significantly these last few months, which has impacted businesses and consumers alike. However, findings from an analysis conducted by TransitionZero show that it has become cheaper to switch to clean energy from coal in comparison to switching to gas from coal. This is mainly because of the reducing cost of battery storage and renewables and the increasing volatility of the price of gas.

TransitionZero is a climate analytics company that is focused on generating financial analytics to make zero-carbon a…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Major Russian Lender Receives Gold Export License as Sanctions Bite

May 23, 2022 11:10:10

Earlier last week, the Credit Bank of Moscow received a license to export gold from the federal government. This move will make this particular financial institution the latest bank in Russia to involve itself in the trade of precious metals in an effort to counteract the effect sanctions have had on the country.

The primary operators in the Eastern European country’s gold market — Bank VTB and…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Copper Inventories Expected to Grow as Year Progresses

May 20, 2022 12:13:17

At the beginning of last week, the price of copper dropped to its lowest in eight months as concerns from traders that a slowing global economy would require less of the metal continued to increase.

The price of copper to be delivered in July declined by more than 2%, hitting $4.10 per pound. Experts believe that the war in…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

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