The global energy transition continued to accelerate in Q3, driven by the rise of artificial intelligence (AI) and increasing demand for clean sources of power. This trend presents significant investment opportunities in the cleantech sector, with wind, solar and nuclear energy gaining attention as key areas of growth. However, Donald Trump’s recent re-election in the...

Hot on the heels of Donald Trump’s victory in the US presidential election was a meeting of the US Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday (November 6) and Thursday (November 7). At the meeting, officials decided to lower the benchmark interest rate by 25 basis points to 4.5 to 4.75 percent. This...

Major uranium producer Cameco (TSX:CCO,NYSE:CCJ) shared its third quarter results on Thursday (November 7), reporting a strong performance despite production setbacks at its Kazakhstan operations. The company reported uranium production of 4.3 million pounds, up 43 percent from the year-ago period. Sales volumes came in at 7.3 million pounds, relatively flat from 7 million pounds...

Pan American Silver (TSX:PAAS,NASDAQ:PAAS) said on Tuesday (November 5) that it has received final regulatory approval from the Canadian government for the sale of its La Arena assets in Peru. The company is selling the La Arena gold mine and development-stage La Arena II copper-gold project to Jinteng (Singapore) Mining, a subsidiary of Zijin Mining...

Metal Hawk Limited (ASX: MHK, “Metal Hawk” or the “Company”) is pleased to provide an exploration update relating to its 100% owned Leinster South Project, located 30km south of Leinster, in the world-class Agnew-Lawlers region of the eastern goldfields in Western Australia. Gold assays up to 62 g/t Au returned from first batch of rock...

The United States’ 47th Presidential election concluded this week with the appointment of Donald Trump to his second term in the White House after a tumultuous race. Fueled by the promise of lower corporate taxes and the Federal Reserve’s decision to slash interest rates by another 25 basis points, the stock market soared, with both...

The S&P/TSX Venture Composite Index (INDEXTSI:JX) climbed 0.91 percent on the week to close at 608.54 on Friday (November 8). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 2.1 percent to 24,735.99. Statistics Canada released its October Labour Force Survey on Friday (November 8). The announcement said there was little change to employment, with the...

Kinross Gold (TSX:K,NYSE:KGC) reported its Q3 results on Tuesday (November 5), highlighting record free cashflow supported by debt reduction and key developments at its operatios. The miner outlined quarterly production of 564,106 gold equivalent ounces, a year-on-year decline of 4 percent. According to the company, the decrease was largely due to planned lower output at...

Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 31 October 2024 (LU7 Completes Share Placement and Launches Entitlement Offer) (Announcement), it has now settled the first tranche of its share placement to sophisticated and professional investors (Tranche 1). Highlights – Successful settlement...

Battery metal cobalt has been in focus in recent years for its role in lithium-ion batteries, bringing attention to the top cobalt producing countries. One of the metal’s main catalysts is the electric vehicle roll out. The lithium-ion batteries that power electric vehicles and energy storage require lithium, graphite and cobalt, among other raw materials,...