Author: backoffice

VVC also acquired the Monarch Project to further capitalize on the growing demand for helium due to increased global usage. The Monarch Project consists of more than 1,700 acres of gas leases located in Greely County, Kansas with six existing wells. Minor repairs were made to five of the six wells, restoring electric power service,...

The proposal, shared Tuesday (December 10) on his social media platform Truth Social, promises streamlined approvals, including environmental permits, for large-scale investments in the country. While details remain unclear, the news touches upon a longstanding issue in the country’s mining sector. The US mining sector has long been hindered by bureaucratic delays in permitting processes....

According to the company, the resource has increased by 339 percent and now stands at 1.104 million tonnes of contained lithium carbonate equivalent grading 505.8 milligrams per litre (mg/L) lithium. The indicated category includes 591,800 tonnes of lithium carbonate equivalent grading of 515.1 mg/L lithium, while the inferred category contains 512,500 tonnes of lithium carbonate...

Clean Energy Finance Corporation (CEFC) has invested US$75 million in global alternative investment manager Resource Capital Funds (RCF) to support Australia’s critical minerals supply chain. Jacqueline Lane, CEFC’s director for Western Australia and resources, said RCF is a “highly experienced mining investment house.” Its flagship private equity fund is aimed at delivering capital to Australian...

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The funding comes under the CHIPS and Science Act, and will support the construction of state-of-the-art manufacturing facilities in New York and Idaho, enhancing the US’ share of advanced memory chip production. Micron will be provided US$4.6 billion for its New York operations and US$1.5 billion for its work in Idaho. Currently, the company is...

Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. In crypto news, investors maintained a bullish outlook despite a slight pullback. Find out what other key pieces of news mead headlines in the tech space this week. Bitcoin fell below the US$100,000 mark at the start of the...

The gold price rose early on this week, breaking US$2,700 per ounce on Wednesday (December 11). CPI was up 0.3 percent month-on-month, again higher than October’s 0.2 percent rise. Core CPI, which excludes the more volatile food and energy categories, was up 3.3 percent year-on-year and 0.3 percent from the previous month. Core PPI was...

Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector. The report shows the all-items index increased by 0.3 percent monthly, compared to the 0.2 percent recorded in each of the previous...

The gold price was on the rise this week, breaking US$2,700 per ounce on Wednesday (December 11). CPI was up 0.3 percent month-on-month, again higher than October’s 0.2 percent rise. Core CPI, which excludes the more volatile food and energy categories, was up 3.3 percent year-on-year and 0.3 percent from the previous month. I heard...