Interest in cobalt has increased in recent years due to its use in the lithium-ion batteries used to power electric cars. Global cobalt mine production reached a record high of 230,000 metric tons (MT) in 2023, according to the US Geological Survey (USGS), with the help of increased output from…
Gold exchange-traded funds, or gold ETFs, have risen in popularity among investors who want precious metals exposure. ETFs are similar to mutual funds in that they track assets such as stocks, bonds, currencies or commodities; a key difference is that ETFs can be bought and sold on exchanges, making them…
At the start of the year, experts predicted nickel supply to maintain a surplus and the price would stay rangebound through 2024. It opened the first quarter priced at US$16,600 per metric ton (MT) on January 2. The price was stable during January and February, but March brought with it…
Description Far Northern Resources Limited (‘FNR’) was admitted to the Official List of ASX on Wednesday, 10 April 2024. The securities of FNR will commence quotation at 11:00 AEST on Friday, 12 April 2024. FNR raised $4,165,000 pursuant to the offer under its prospectus dated 24 July 2023, as supplemented…
Overview West High Yield (TSXV:WHY) is an exploration and development mining company focusing on critical minerals with a high-grade magnesium/silica/nickel project nearing production. The company’s Record Ridge property project leverages the opportunity to create a new supply of magnesium outside of China and Russia. West High Yield has an experienced…
A recent report from McKinsey highlights the critical role of commodities trading amid heightened uncertainty, particularly as new players that are driven by increased value pools and market opportunities enter the arena. The report shows that despite global uncertainty, commodities trading generated over US$100 billion in earnings before interest and…
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the ‘Company’ or ‘Sona’) is pleased to announce further positive interim results from its study with The Giacomantonio Immuno-Oncology Research Group at Dalhousie University (the ‘Study’). The Company was provided with data from the Study that indicates the response in a pre-clinical triple…
Ramp Metals (TSXV:RAMP) specializes in battery and base metals, particularly nickel and lithium with three properties, two situated in Northern Saskatchewan, Canada, and one in Nevada, United States. The company’s Rottenstone SW Claims is situated along a geological structure that historically yielded the highest-grade nickel and platinum group elements (PGE)…
Cyclone Metals Limited (ASX: CLE) (Cyclone or the Company) is pleased to announce the release of an upgraded JORC compliant Mineral Resource Statement, for its 100% owned Iron Bear Iron Ore Project, located in the Labrador Trough region of Canada. HIGHLIGHTS Indicated and Inferred Mineral Resource of 16.6 billion tonnes…
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table. Friday’s jobs report reiterated the seemingly unwavering strength of the U.S. labor market and suggested further need for Fed caution. All eyes will now…