SPARF News
The Royalty Giants Pay for Optionality. Tungsten Just Showed What It Is Worth
Some of mining's largest royalty companies have built their businesses without operating mines. They acquire contractual interests in future production, sometimes before an asset is fully developed, while another company funds and operates the mine. The value lies partly in timing: securing exposure before drilling, development or commodity prices reveal what it may be worth.Tungsten is the latest case study. Its price rose about sixfold between January 2025 and April 2026, the largest increase among the critical minerals assessed by the International Energy Agency. China mined roughly 79 ...
AllPennyStocks.com
The Royalty Giants Pay for Optionality. Tungsten Just Showed What It Is Worth
Some of mining's largest royalty companies have built their businesses without operating mines. They acquire contractual interests in future production, sometimes before an asset is fully developed, while another company funds and operates the mine. The value lies partly in timing: securing exposure before drilling, development or commodity prices reveal what it may be worth.Tungsten is the latest case study. Its price rose about sixfold between January 2025 and April 2026, the largest increase among the critical minerals assessed by the International Energy Agency. China mined roughly 79 ...
AllPennyStocks.com
Tungsten Prices Have Surged Sixfold. The Search for New Supply Is On
Most tungsten never makes headlines. About 60 percent goes into cemented carbide, the hard material in tools that cut, drill and mine other metals. Then the price moved. Between January 2025 and April 2026, tungsten prices rose about sixfold, the largest increase among the selected critical minerals assessed this year by the International Energy Agency. China mined roughly 79 percent of global supply in 2025 and has required export licenses since February 2025. The U.S. has not mined tungsten since 2015.When a metal moves that far, old mining districts deserve another look.Spark Energy ...
AllPennyStocks.com
Tungsten Prices Have Surged Sixfold. The Search for New Supply Is On
Most tungsten never makes headlines. About 60 percent goes into cemented carbide, the hard material in tools that cut, drill and mine other metals. Then the price moved. Between January 2025 and April 2026, tungsten prices rose about sixfold, the largest increase among the selected critical minerals assessed this year by the International Energy Agency. China mined roughly 79 percent of global supply in 2025 and has required export licenses since February 2025. The U.S. has not mined tungsten since 2015.When a metal moves that far, old mining districts deserve another look.Spark Energy ...
AllPennyStocks.com
Not Every Mineral Discovery Requires a Deep Dive
For much of the mining industry, the next tonne is becoming harder to reach. Some of the world's largest producers are sinking shafts and building block caves to access ore a kilometer or more underground, committing years and billions of dollars before those investments reach full production.A different class of deposit runs the other way. In tropical settings, prolonged weathering can break granite down into clay and concentrate certain metals in material beginning at surface. The first drill sample does not come from hundreds of meters underground. It starts at zero.What Depth ...
AllPennyStocks.com
Not Every Mineral Discovery Requires a Deep Dive
For much of the mining industry, the next tonne is becoming harder to reach. Some of the world's largest producers are sinking shafts and building block caves to access ore a kilometer or more underground, committing years and billions of dollars before those investments reach full production.A different class of deposit runs the other way. In tropical settings, prolonged weathering can break granite down into clay and concentrate certain metals in material beginning at surface. The first drill sample does not come from hundreds of meters underground. It starts at zero.What Depth ...
AllPennyStocks.com
Why Mining Giants Keep Buying the Ground Next Door
A great mineral deposit does not care where somebody drew a property line. Mining companies do. That distinction has become expensive in 2026. Some of the world's largest miners are spending real money consolidating neighboring properties, eliminating boundaries that complicate exploration, mine planning and infrastructure. Barrick and Newmont are combining previously excluded Nevada properties. Agnico Eagle consolidated a 2,492-square-kilometer position in Finland. BHP is pursuing a structure bringing two adjacent Arizona copper properties together. Different metals, different ...
AllPennyStocks.com
Why Mining Giants Keep Buying the Ground Next Door
A great mineral deposit does not care where somebody drew a property line. Mining companies do. That distinction has become expensive in 2026. Some of the world's largest miners are spending real money consolidating neighboring properties, eliminating boundaries that complicate exploration, mine planning and infrastructure. Barrick and Newmont are combining previously excluded Nevada properties. Agnico Eagle consolidated a 2,492-square-kilometer position in Finland. BHP is pursuing a structure bringing two adjacent Arizona copper properties together. Different metals, different ...
AllPennyStocks.com
AI Data Centers Are Being Rewired. One Critical Metal Is Moving With Them
Artificial intelligence has spent the past several years turning chips into infrastructure. Now the infrastructure around those chips is changing too.The problem is power. Electricity entering a data center can pass through several conversions before it reaches the processor, and each one adds losses, equipment and complexity. As AI racks move toward megawatt-scale power requirements, the industry is redesigning that path around 800-volt direct current (VDC). The shift is already moving from engineering diagrams into commercial hardware, and one critical metal is showing up inside the new ...
AllPennyStocks.com
AI Data Centers Are Being Rewired. One Critical Metal Is Moving With Them
Artificial intelligence has spent the past several years turning chips into infrastructure. Now the infrastructure around those chips is changing too.The problem is power. Electricity entering a data center can pass through several conversions before it reaches the processor, and each one adds losses, equipment and complexity. As AI racks move toward megawatt-scale power requirements, the industry is redesigning that path around 800-volt direct current (VDC). The shift is already moving from engineering diagrams into commercial hardware, and one critical metal is showing up inside the new ...
AllPennyStocks.com
AI Data Centers Are Being Rewired. One Critical Metal Is Moving With Them
Artificial intelligence has spent the past several years turning chips into infrastructure. Now the infrastructure around those chips is changing too.The problem is power. Electricity entering a data center can pass through several conversions before it reaches the processor, and each one adds losses, equipment and complexity. As AI racks move toward megawatt-scale power requirements, the industry is redesigning that path around 800-volt direct current (VDC). The shift is already moving from engineering diagrams into commercial hardware, and one critical metal is showing up inside the new ...
AllPennyStocks.com