The strategy for developing Canada's critical minerals needs a rethink Investorideas.com (www.investorideas.com Newswire) Prime Minister Mark Carney deserves credit for putting the subject of critical minerals at the top of his agenda, alongside port development and other key infrastructure, as his Liberal government aims to sidestep the United States and its current problematic leadership. Carney’s pro-mining stance is a welcome change from his predecessor, Justin Trudeau, whose government put roa ...

Atomic Minerals Approved for 15 Drill Holes at Harts Point Uranium ProjectNovember 11, 2025 7:30 AM EST | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - November 11, 2025) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") is pleased to announce the Company has received approval for the drilling of up to 15 drill holes at its 6,500-acre Harts Point Uranium Project ("Harts Point") in San Juan County, Utah. These holes will target the bas ...

Summary of Key Points from the Conference Call Industry Overview - The discussion revolves around the energy demands of artificial intelligence (AI) and its implications for the electricity sector, particularly in the context of large language models (LLMs) and their training requirements [2][5][20]. Core Insights and Arguments 1. **Energy Consumption of AI**: - Training a single LLM like GPT-3 in 2021 consumed approximately 1,287,000 kWh, which is equivalent to the energy required to raise over one million children to adulthood [5]. - The energy consumption for AI training is expected to grow exponentially, with frontier LLMs increasing their training compute by a factor of 5 annually [5][13]. 2. **Inference Costs**: - The energy cost for querying AI models ranges from 33 Wh to 0.24 Wh, with traditional Google searches costing about 0.3 Wh [10]. - The energy consumed varies significantly by task, indicating that more complex tasks (like video generation) require exponentially more energy [10][12]. 3. **Power Demand vs. Supply**: - The demand for power from AI is projected to exceed the potential supply, with U.S. power demand expected to grow from 4 peta Watt hours to around 5 peta Watt hours by 2030 [15][17]. - AI data center demand falls under the "Commercial" category, which may lead to competition for electricity from other sectors [16]. 4. **Market Dynamics**: - The growth in AI power demand is described as "insatiable," with the potential for significant price increases as AI competes for electricity [25][34]. - The report expresses a bullish outlook on suppliers of natural gas and uranium, indicating that these sectors will benefit from the increasing demand for energy to support AI [34][36]. 5. **Historical Context**: - The analogy is drawn between the current electrification of the economy and the historical transition from coal to oil, suggesting that the future will see a similar shift towards electricity as the primary energy source [33][32]. Additional Important Points - **Jevon's Paradox**: The report references Jevons Paradox, which suggests that improvements in energy efficiency can lead to increased overall consumption, highlighting the insatiable nature of human demand for energy [26][27]. - **AI's Role in Advertising and Bureaucracy**: The report discusses how consumer AI is transforming advertising and corporate AI is streamlining bureaucratic processes, indicating a broader trend of electrification across various sectors [29][24]. - **Investment Recommendations**: The report maintains an outperform rating on specific energy suppliers, indicating confidence in their ability to meet the growing energy demands driven by AI [34][36]. This summary encapsulates the critical insights from the conference call, focusing on the intersection of AI, energy consumption, and market dynamics.

Drilling Confirms and Expands High-Grade Gold MineralizationVANCOUVER, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company"), is pleased to announce that it has the receipt of assay results for the first two drillholes, JL25-001 and JL25-002 from its 2025 drill program currently underway at its 100%-owned Jean Lake Gold–Lithium Property (“Jean Lake”) located near the historic mining centre of Snow Lake in Manitoba. Both holes, ...

Snow Lake Welcomes the Designation of Uranium as a Critical Mineral by the U.S. GovernmentNovember 10, 2025 8:30 AM EST | Source: Snow Lake Resources Ltd.Winnipeg, Manitoba--(Newsfile Corp. - November 10, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a U.S. focused nuclear fuel cycle company, welcomes the U.S. Geological Survey's designation of uranium as a critical mineral in the Final 2025 List of Critical Minerals released on November 7, 2025. This i ...

  November 10, 2025 – TheNewswire - London, Ontario – Peloton Minerals Corporation (“Peloton” or the “Company”) (CSE Symbol: PMC; OTCQB Symbol: PMCCF)) has received the results from an airborne geophysical survey conducted earlier this year on the Company’s North Elko Lithium Project (NELP) located in northeastern Nevada.  Receipt of this data will enable the Company to incorporate the information into the selection of drill locations.  In summary, the airborne geophysical data shows north to north-east (N ...

VANCOUVER, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Refined Energy Corp. (“Refined” or the “Company”) (CSE: RUU | OTC: RRUUF | FRA: CWA0) is pleased to provide a corporate update on its exploration strategy and development plans across its portfolio of uranium and energy metal projects in northern Saskatchewan. The Company’s focus remains on advancing its Dufferin Project. The Company is also considering next steps for its Milner, and Basin properties, together with the Dufferin Project are all l ...

VANCOUVER, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Aventis Energy Inc. (“Aventis” or the “Company”) (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is pleased to announce that, in partnership with KorrAI Technologies Inc. (“KorrAI”), it has identified hotspots of biogeochemically stressed vegetation that may be linked to the presence of radiogenic compounds and radon related to uranium mineralization at the Corvo Project (“Corvo” or the “Project”). The Project is comprised of 12,265 hectares of uranium expl ...

Toronto, Ontario--(Newsfile Corp. - November 10, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announces the identification of several high-priority, REE-prospective drill targets from its 2025 ground gravity survey (Figure 1) at the Alces Lake project in northern Saskatchewan. The survey delivered a detailed surface-to-600m 3D view that refines anomalies outlined in the 2024 Airborne Gravity Gradiometer (AGG) survey datas ...

VANCOUVER, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”), applauds the U.S. Geological Survey’s (USGS) finalization of the 2025 List of Critical Minerals, which reinstates uranium as a critical mineral essential for national security, energy independence, and economic resilience. This landmark decision, announced on November 6, 2025, and aligned with Executive Order 14154 (“Unleashing American Energy”), expands ...