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October 2024 - MiningNewsWire

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(RFHRF) Announces Successful Completion of Initial TOMRA Testing</a> </div> <div> <a href="/tiny-island-in-the-caribbean-gets-windfall-as-ai-boom-gathers-steam/">Tiny Island in the Caribbean Gets Windfall as AI Boom Gathers Steam</a> </div> <div> <a href="/fpx-nickel-completes-pilot-test-in-refining-battery-grade-nickel/">FPX Nickel Completes Pilot Test in Refining Battery-Grade Nickel</a> </div> </div> </div> </div> </div> <div class="promo-bar"></div> <!-- Content Area --> <div class="breadcrumb"><div class="container"><span><span><a href="https://www.miningnewswire.com/">Home</a></span> / <span class="breadcrumb_last" aria-current="page">Archives for October 2024</span></span></div></div> <div class="content"> <div class="container"> <header class="page-header"> <h1 class="page-title">Month: <span>October 2024</span></h1> </header><!-- .page-header --> <article id="post-40735" class="post-40735 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Thursday</span><span class="month">Oct</span><span class="day"> 31, </span><span class="year"> 2024</span><span class="time"> 10:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/gold-reaches-new-price-high-dampens-chinese-demand/">Gold Reaches New Price High, Dampens Chinese Demand</a></h2><p>Earlier this week, the price of gold dropped from its recent high as the greenback soared, before rallying back to $2,743 a troy ounce. This change comes as new data shows that demand for the precious metal from China, which is the biggest consumer of bullion globally, fell. Spot gold also saw its price drop to $2,725 a troy ounce during Asian trade. At the same time, the dollar index hit its highest level since July following the Japanese yen’s plunge after the country’s ruling coalition lost its parliamentary majority for the first time in over a decade. Data from&hellip;</p><p><a href="https://www.miningnewswire.com/gold-reaches-new-price-high-dampens-chinese-demand/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40727" class="post-40727 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Tuesday</span><span class="month">Oct</span><span class="day"> 29, </span><span class="year"> 2024</span><span class="time"> 10:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/anglo-american-keeps-its-2024-guidance-unchanged-despite-drop-in-q3-copper-production/">Anglo American Keeps its 2024 Guidance Unchanged Despite Drop in Q3 Copper Production</a></h2><p>Last week, Anglo American announced production results from its third quarter while maintaining this year’s guidance for the minerals. In its results, the global miner revealed that the output of rough diamonds has dropped by 25% on cuts because of prolonged reduced demand. The production of copper also decreased by 13% in the third quarter, adding that for the first 9 months of the year, the red metal’s production dropped by 4%. During the same period, the production of diamonds fell 21%. The global miner added that its De Beers diamonds unit was looking into alternative options to increase output&hellip;</p><p><a href="https://www.miningnewswire.com/anglo-american-keeps-its-2024-guidance-unchanged-despite-drop-in-q3-copper-production/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40718" class="post-40718 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Monday</span><span class="month">Oct</span><span class="day"> 28, </span><span class="year"> 2024</span><span class="time"> 10:30 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/tiny-island-in-the-caribbean-gets-windfall-as-ai-boom-gathers-steam/">Tiny Island in the Caribbean Gets Windfall as AI Boom Gathers Steam</a></h2><p>While it is common knowledge that investors in tech firms like Nvidia Corp. (NASDAQ: NVDA) are accumulating fortunes from AI, the island of Anguilla is also minting serious cash from this industry. This started at about the time ChatGPT went public and set off a frenzy among companies wishing to get websites ending in .ai. Cue in Anguilla. This British territory in the Caribbean didn’t know it had struck future gold when, by a stroke of luck, it was allocated the .ai internet address back in 1995. Each country has a unique internet address for sites located within its jurisdiction,&hellip;</p><p><a href="https://www.miningnewswire.com/tiny-island-in-the-caribbean-gets-windfall-as-ai-boom-gathers-steam/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40717" class="post-40717 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Monday</span><span class="month">Oct</span><span class="day"> 28, </span><span class="year"> 2024</span><span class="time"> 9:45 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/platinum-group-metals-ltd-nyse-american-plg-tsx-ptm-eyeing-response-to-u-s-recommendation-to-impose-sanctions-on-russian-titanium-palladium/">Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Eyeing Response to U.S. Recommendation to Impose Sanctions on Russian Titanium, Palladium</a></h2><p>The Biden administration aims to weaken Russia’s financial stability through sanctions, limiting its ability to sustain its war efforts in Ukraine. Imposing sanctions on Russian titanium and palladium would create several strategic advantages for the U.S. Sanctions on Russian palladium and titanium could be especially advantageous for existing producers and emerging palladium mining projects outside of Russia. The United States recently called on its Group of Seven (“G7”) allies to consider imposing sanctions on Russian titanium and palladium supplies, a move that, if approved, could have a profound impact on global metals markets as well as on Russia’s economy (https://ibn.fm/Q9sHS).&hellip;</p><p><a href="https://www.miningnewswire.com/platinum-group-metals-ltd-nyse-american-plg-tsx-ptm-eyeing-response-to-u-s-recommendation-to-impose-sanctions-on-russian-titanium-palladium/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40712" class="post-40712 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Friday</span><span class="month">Oct</span><span class="day"> 25, </span><span class="year"> 2024</span><span class="time"> 11:15 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/mcewen-mining-inc-nyse-mux-tsx-mux-tapping-into-argentinas-growing-copper-potential/">McEwen Mining Inc. (NYSE: MUX) (TSX: MUX): Tapping into Argentina’s Growing Copper Potential</a></h2><p>Argentina is rapidly emerging as a key player in the global mining industry, positioning itself to become a significant producer of copper and other minerals critical to the world’s clean energy transition. The country’s ambition to rank among the top ten copper producers by 2030 reflects its immense potential, driven by vast untapped mineral reserves, recent policy reforms, and a growing pipeline of mining projects. Currently, Argentina holds an estimated 75.5 million metric tons of copper reserves, representing about 3% of the global total (https://ibn.fm/XkBiO). Although this is modest compared to copper giants like Chile and Peru, Argentina’s improving investment&hellip;</p><p><a href="https://www.miningnewswire.com/mcewen-mining-inc-nyse-mux-tsx-mux-tapping-into-argentinas-growing-copper-potential/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40709" class="post-40709 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Friday</span><span class="month">Oct</span><span class="day"> 25, </span><span class="year"> 2024</span><span class="time"> 10:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/northern-graphite-plans-to-double-its-production-in-quebec/">Northern Graphite Plans to Double its Production in Quebec</a></h2><p>Canadian graphite producer Northern Graphite has revealed plans to double its output at the Lac des Iles production plant in Quebec to meet increased demand for graphite outside of the Chinese supply chain. Graphite plays a critical role in electric vehicle battery development and its demand is poised to surge over the next few decades as automakers across the globe ramp up electric vehicle production. However, with China producing or processing the majority of the world's EV battery metals, Western lawmakers are keen on sourcing these materials from alternative markets. Additionally, China is limiting the export of critical minerals like&hellip;</p><p><a href="https://www.miningnewswire.com/northern-graphite-plans-to-double-its-production-in-quebec/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40702" class="post-40702 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Thursday</span><span class="month">Oct</span><span class="day"> 24, </span><span class="year"> 2024</span><span class="time"> 10:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/why-gold-prices-are-notching-new-records/">Why Gold Prices are Notching New Records</a></h2><p>Last week saw the price of gold hit a new high as uncertainty about the upcoming presidential elections in the U.S. and conflict in the Middle East prompted investors to seek out safe haven assets. Experts believe that an image of global instability often prompts investors to buy more gold in a bid to safeguard their finances. A senior market analyst at Kitco Metals, Jim Wyckoff, explains that the lack of consensus among the public or the market on which candidate will win the election is causing uncertainty, which often triggers demand for gold as a safe haven asset. This&hellip;</p><p><a href="https://www.miningnewswire.com/why-gold-prices-are-notching-new-records/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40706" class="post-40706 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Thursday</span><span class="month">Oct</span><span class="day"> 24, </span><span class="year"> 2024</span><span class="time"> 9:45 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/trillion-energy-international-inc-cse-tcf-otcqb-trlef-making-significant-strides-in-promising-black-sea-region/">Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Making ‘Significant Strides’ in Promising Black Sea Region</a></h2><p>The Black Sea basin is estimated to contain significant amounts of natural gas. Being geographically closer to European markets and offering untapped potential, the Black Sea is ideally positioned to become a crucial supplier of natural gas to the area. With active projects in the region, particularly in the South Akçakoca Sub-Basin (“SASB”) off the coast of Türkiye, Trillion Energy is capitalizing on the area’s promise. In recent years, the Black Sea has emerged as a critical region for natural-gas exploration and development. As Europe seeks to diversify its energy sources, reduce dependency on Russian natural gas and transition to&hellip;</p><p><a href="https://www.miningnewswire.com/trillion-energy-international-inc-cse-tcf-otcqb-trlef-making-significant-strides-in-promising-black-sea-region/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40690" class="post-40690 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Wednesday</span><span class="month">Oct</span><span class="day"> 23, </span><span class="year"> 2024</span><span class="time"> 9:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/companies-like-mcewen-mining-inc-nyse-mux-tsx-mux-will-capitalize-on-the-growing-demand-for-ai-resources/">Companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) will Capitalize on the Growing Demand for AI Resources</a></h2><p>Artificial intelligence is rapidly reshaping the landscape of economies around the world. Estimates indicate that generative AI alone will triple its growth to a total market value of $1.3 trillion in the next decade. As most investors know by now, there is a surge in the demand for energy-guzzling data centers that are designed to develop and train AI systems. They also know that advanced semiconductor chips are at the heart of all AI technologies. However, many haven’t considered that critical minerals, such as copper, gold and silver, are vital components of this burgeoning industry. To put the skyrocketing demand&hellip;</p><p><a href="https://www.miningnewswire.com/companies-like-mcewen-mining-inc-nyse-mux-tsx-mux-will-capitalize-on-the-growing-demand-for-ai-resources/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <article id="post-40680" class="post-40680 post type-post status-publish format-standard hentry category-miningstocks"> <div class="entry-content"> <div class="newsblock"><div class="timestamp"><span class="weekday">Monday</span><span class="month">Oct</span><span class="day"> 21, </span><span class="year"> 2024</span><span class="time"> 10:00 am</span></div><div class="newsblurb"><h2><a href="https://www.miningnewswire.com/the-use-of-silver-by-the-military-remains-shrouded-in-mystery/">The Use of Silver by the Military Remains Shrouded in Mystery</a></h2><p>A new analysis posits that the use of silver by the military may be significantly higher than demand from investment, solar panels, and electronics combined. These findings raise questions regarding transparency of the metal’s demand data, with a new discovery showing that the U.S. turned 1,000-ounce silver bars obtained from the West Point Bullion Depository into cylindrical billets and made magnetic coils from them. Experts also found that five federal agencies, such as the U.S. Geological Survey, Department of the Interior, Department of Energy, and Department of Defense stopped giving reports on the metal’s inventories in the late 90s. Actions&hellip;</p><p><a href="https://www.miningnewswire.com/the-use-of-silver-by-the-military-remains-shrouded-in-mystery/" class="link">Continue Reading</a></p></div></div> </div><!-- .entry-content --> </article><!-- #post-## --> <nav class="navigation pagination" aria-label="Posts"> <h2 class="screen-reader-text">Posts navigation</h2> <div class="nav-links"><span aria-current="page" class="page-numbers current"><span class="meta-nav screen-reader-text">Page </span>1</span> <a class="page-numbers" href="https://www.miningnewswire.com/2024/10/page/2/"><span class="meta-nav screen-reader-text">Page </span>2</a> <span class="page-numbers dots">&hellip;</span> <a class="page-numbers" href="https://www.miningnewswire.com/2024/10/page/4/"><span class="meta-nav screen-reader-text">Page </span>4</a> <a class="next page-numbers" href="https://www.miningnewswire.com/2024/10/page/2/">Next page</a></div> </nav> </div> </div> <!-- Conference Logos --> <!-- Red Message Panel --> <div class="red-panel"> <div class="container"> <p><div class="textwidget custom-html-widget">Contact us: <span>(310) 299-1717</span></div></p> </div> </div> <!-- Footer --> <div class="footer"> <div class="container"> <div class="quarter"> <a href="https://www.miningnewswire.com/"><img src="https://www.miningnewswire.com/wp-content/themes/miningnewswire/images/miningnewswire-whiteyellow.svg" alt="MiningNewsWire" title="MiningNewsWire"/></a> <h6><a href="https://www.miningnewswire.com/">MiningNewsWire (MNW)</a></h6> <p>8033 Sunset Blvd. Suite MNW-1037 <br/>Los Angeles, California 90046 <br/>(310) 299-1717</p> <ul class="social"> <li class="twitter"><a href="https://twitter.com/miningnewswire" target="_blank" rel="nofollow"></a></li> <li class="facebook"><a href="https://www.facebook.com/Mining-News-Wire-637746970184209/" target="_blank" rel="nofollow"></a></li> <li class="linkedin"><a href="https://www.linkedin.com/company/67243762/" target="_blank" rel="nofollow"></a></li> </ul> </div> <div class="quarter"> <div class="menu-footer-solutions-container"><ul id="menu-footer-solutions" class="menu"><li id="menu-item-31334" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-31334"><a href="https://www.miningnewswire.com/clients/">Clients</a></li> <li id="menu-item-31772" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-31772"><a href="https://www.miningnewswire.com/newsroom/">NewsRoom</a></li> <li id="menu-item-35782" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-35782"><a href="https://www.investorbrandnetwork.com/events/">Events</a></li> </ul></div> </div> <div class="quarter"> <div class="menu-footer-other-container"><ul id="menu-footer-other" class="menu"><li id="menu-item-44" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-44"><a href="https://www.miningnewswire.com/about/">About</a></li> <li id="menu-item-48" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-48"><a href="https://www.miningnewswire.com/contact/">Contact</a></li> <li id="menu-item-14113" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-privacy-policy menu-item-14113"><a rel="privacy-policy" href="https://www.miningnewswire.com/disclaimer/">Disclaimer</a></li> </ul></div> </div> <div class="quarter"> <div class="quickquote"> <h6>Quote / Research</h6> <input type="text" id="SymbolField" placeholder="Enter Symbol"> <a href="" class="getQuote">Get Quote</a> <h6 class="sitesearch">Site Search</h6> <form role="search" method="get" class="search-form" action="https://www.miningnewswire.com/"> <span class="screen-reader-text"></span> <input type="search" class="search-field" placeholder="Search Term &hellip;" value="" name="s" /> <button type="submit" class="search-submit"><span class="screen-reader-text">Search</span></button> </form> </div> </div> <div class="copyright"> <p>Copyright &copy; <script language="JavaScript" type="text/javascript"> var d=new Date(); yr=d.getFullYear(); if (yr!=2020) document.write("2020 - "+yr); else {document.write(""+yr);} </script>. 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