News
Re Element Technologies drops Pentagon loan pursuit as U. S. rare earths funding plan shifts
8+ hour, 50+ min ago (287+ words) A U. S. effort to build a domestic rare earths supply chain faces a financing change after Re Element Technologies stops pursuing an $80 million Pentagon loan tied to a broader critical minerals package. The move affects a project positioned as part of…...
Poland acquired 82 tons of gold in 2023, Tracy Shuchart notes
1+ day, 1+ hour ago (354+ words) Traders Union Poland acquired 82 tons of gold in 2023, Tracy Shuchart notes Tracy Shuchart, independent trader and strategist at Independent / Trader, highlights that Poland has purchased 82 tons of gold this year as reported by central bank chief Glapinski at a news…...
Company pivots from biotech to copper exploration in Morocco, Brandon Beylo notes
2+ day, 5+ hour ago (346+ words) Traders Union Company pivots from biotech to copper exploration in Morocco, Brandon Beylo notes Brandon Beylo reports on an unusual occurrence in the micro cap sector, where a company has suspended all biotech research and development operations to transform into…...
Robert Friedland: Sunrise Metals Syerston project joins New South Wales royalty deferral scheme
2+ day, 7+ hour ago (372+ words) Traders Union Robert Friedland: Sunrise Metals Syerston project joins New South Wales royalty deferral scheme Sunrise Metals has achieved acceptance into the Government of New South Wales, Australia's Critical Minerals Royalty Deferral Scheme for its Syerston Scandium Project. According to…...
Rio Tinto stock holds steady amid trading well below long- and medium-term averages
1+ week, 1+ day ago (385+ words) Traders Union Rio Tinto stock holds steady amid trading well below long- and medium-term averages Rio Tinto (RIO) stock is trading at GBX7, 029 after a modest move lower today and remains situated below key short- and medium-term moving averages. Volatility is…...
Frank Giustra: High-grade iron ore may become a key global resource
1+ week, 2+ day ago (331+ words) Traders Union Frank Giustra: High-grade iron ore may become a key global resource Frank Giustra draws attention to the potential significance of high-grade iron ore as a strategic resource on the world stage. His commentary points to growing interest in…...
Shifting priorities: Governments back mining as businesses turn to AI
3+ week, 10+ hour ago (583+ words) As major mining companies repurpose their capacity for artificial intelligence, governments are taking the opposite approach. For businesses, Bitcoin mining is becoming a less predictable model amid rising costs. For countries, however, mining is turning into a tool of energy…...
Contango ORE outlines plan to build leading North American gold and silver company
4+ week, 1+ day ago (400+ words) Traders Union Contango ORE outlines plan to build leading North American gold and silver company Contango ORE announced its strategic intent to become a top gold and silver producer in North America. President of Contango Silver & Gold, Shawn Khunkhun, met…...
U. S. prepares new tax rules for mining and staking
1+ mon, 1+ day ago (351+ words) U. S. lawmakers are moving to rewrite parts of the tax code for digital assets, taking a targeted approach after years of complaints from crypto users, miners, stakers, and businesses. The House Ways and Means Committee is set to review a package…...
Pilbara Minerals climbs from $1. 26 to above $6, David Bird notes
1+ mon, 1+ week ago (346+ words) Traders Union Pilbara Minerals climbs from $1. 26 to above $6, David Bird notes David Bird shared his experience buying Pilbara Minerals at $1. 26 this time last year, noting the price has now surged above $6. He remarked on the market's lack of interest in…...