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Nolan Watson, president and CEO of Sandstorm Gold (TSX:SSL,NYSE:SAND), discusses the outlook for his company, as well has his broader thoughts on gold.

Even as the yellow metal trades at or near all-time highs, he sees further gains ahead.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

TORONTO, ON TheNewswire – March 21, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) ( ‘Silver Crown’ ‘SCRi’ the ‘Corporation’ or the ‘Company’ ) is pleased to announce the receipt of payments on its producing royalties. PPX Mining Corp. (‘ PPX ‘) has paid the royalty due to SCRi for the period ending March 31, 2025 in full in the amount of US$40,672.70 several weeks before it was due. Additionally, Elk Gold Mining Corp. (‘ Elk Gold ‘), a wholly owned subsidiary of Gold Mountain Mining Corp. (‘ GMTN ‘), has paid the first C$29,811.99 of its royalty payment due for the quarter ended December 31, 2024. Pursuant to a letter agreement dated February 5, 2025, SCRi agreed to delay Elk Gold’s payment of the residual $30,070.25 royalty payment due to SCRi for the quarter ended December 31, 2024 until March 31, 2025.  SCRi anticipates that Elk Gold will pay this residual amount owing on or before March 31, 2025.

On Monday, March 17, 2025, GMTN announced financial and operating results for the fourth quarter ended January 31, 2025. Highlights from the three months ended January 31 st , 2025 include gold sales of 291 oz from 10,055 tonnes delivered grading at an average of 1.23 g/t. Low production results realized during the period were directly attributable to the planned winter work program, which substantially reduced operations throughout the quarter. As a result, production from the Elk Gold Project is consistent with the reduced activity level. The combination of lower stripping volumes and anticipated lower gold production in Q4 2025 resulted in reduced unit costs compared to Q4 2024.

Historically, the silver to gold ratio at the Elk Gold mine was 2:1, implying silver production of approximately 573 oz during the period. SCRi’s royalty agreement with Elk Gold provides for a minimum quarterly royalty payment equal to the cash equivalent of 1,500 ounces of silver, almost 300% of the current quarterly silver output at the mine. Although part of GMTN’s update noted that its current technical report on the Elk Gold Project should not be relied upon, the minimum delivery ounces will remain unchanged while the Elk Gold Project remains in operation.

Peter Bures, Silver Crown’s Chief Executive Officer commented, ‘We are thankful to PPX for their early royalty payment to SCRi, which showcases the successful ongoing operations at Igor 4. We are also encouraged by GMTN’s payment as mining at Elk resumes following the winter work program. We remain committed to supporting our partners and greatly value the collaborative endeavors that contribute to our collective achievements. Furthermore, we wish to underscore the efficacy of our minimum delivery provision, which has proven instrumental in mitigating additional downside risk associated with operating mines.’

ABOUT Silver Crown Royalties INC.

Founded by industry veterans, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | BF: QS0 ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi anticipates that Elk Gold will pay this residual amount owing on or before March 31, 2025. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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A French researcher was denied entry to the United States after US authorities found messages about President Donald Trump on his phone, a French government official said on Thursday.

France’s minister of higher education and research Philippe Baptiste said that the researcher was traveling to a conference near Houston earlier this month when US authorities found that his phone “contained exchanges with colleagues and friends in which he expressed a personal opinion on the Trump administration’s research policies.”

The researcher was then denied entry to the US and expelled from the country, Baptiste said.

The French ministry of higher education and research said that he worked in the field of space research, and that the incident took place on March 9.

“Freedom of opinion, free research, and academic freedom are values that we will continue to proudly uphold,” Baptiste said in a statement.

“I will defend the right of all French researchers to adhere to these values, while respecting the law, regardless of the country in which they find themselves,” he added.

“If an individual has material discovered on their electronic media that raises flags during an inspection, it can result in further analysis. Claims that such decisions are politically motivated are completely unfounded,” Hilton Beckham, CBP Assistant Commissioner of Public Affairs, said in a statement.

This is a developing story and will be updated.

This post appeared first on cnn.com

The government of Israel’s Prime Minister Benjamin Netanyahu has voted to dismiss Ronen Bar, the chief of Israel’s Shin Bet internal security service.

The vote in the early hours of Friday local time could still be subject to appeals by Israel’s Supreme Court.

“The government has now unanimously approved Prime Minister Benjamin Netanyahu’s proposal to terminate the term of Shin Bet head Ronen Bar,” the Prime Minister’s Office said in a statement Friday.

“Ronen Bar will end his role as Shin Bet head on April 10, 2025, or when a permanent Shin Bet head is appointed – whichever comes first,” it added.

It came after Netanyahu met with Bar last week and informed him that he would propose his removal.

In a video statement released on Sunday, Netanyahu said his “ongoing distrust” of Bar had led to the move. “At all times, but especially in such an existential war, the prime minister must have full confidence in the head of the Shin Bet,” Netanyahu said.

Netanyahu added that removing Bar would be necessary for achieving Israel’s war goals in Gaza and “preventing the next disaster.” The prime minister has frequently criticized the agency, placing blame on its leaders for the security lapses that led to the Hamas October 7, 2023, attacks that killed more than 1,200 people.

Shin Bet, which is in charge of monitoring domestic threats to Israel, conducted an internal investigation that determined that the agency had “failed in its mission” to prevent the attacks. But it also blamed policies enacted by Netanyahu’s government as contributing factors, such as politicians’ visits to the Al Aqsa compound in Jerusalem, “the treatment of prisoners, and the perception that Israeli society has been weakened due to the damage to social cohesion.”

Shin Bet is reported to have recently opened an investigation into allegations that members of Netanyahu’s office inappropriately lobbied on behalf of Qatar – something his office denies.

On Wednesday, the office of Attorney General Gali Baharav-Miara sent a letter to Netanyahu saying that the government could not fire Bar without the approval of a special committee.

Netanyahu responded with a letter on Thursday, saying Baharav-Miara was “exceeding her authority” and “giving legal opinions and instructions to the government in violation of Supreme Court rulings.”

Bar released a statement just hours before his dismissal saying the vote by Netanyahu’s cabinet “was hastily convened, contrary to every basic legal rule dealing with the right to be heard and contrary to the position of the legal adviser to the government.”

Netanyahu has previously removed both Bar and the head of the Mossad intelligence service, David Barnea, from the negotiating team engaging in indirect talks with Hamas regarding the Gaza ceasefire and hostage deal.

Opposition politicians have criticized Netanyahu’s targeting of Bar, claiming it is politically motivated.

“The dismissal of the head of the service at this time, at the initiative of the prime minister, sends a message to all those involved, a message that may jeopardize the optimal outcome of the investigation. This is a direct danger to the security of the state of Israel,” Bar said in his statement Thursday.

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Conor McGregor will run for the Irish presidency in elections later this year, the controversial former fighter said on Thursday, as he announced his candidacy for the largely ceremonial role on an anti-immigration stance.

McGregor, who in recent years has emerged as a figurehead for the far-right in Ireland, said on social media that he would run for president to oppose a long-awaited new European Union migration pact aimed at sharing the burden of processing asylum claims more evenly across the bloc.

“Who else will stand up to Government and oppose this bill?” he said in an Instagram post to his more than 46 million followers. “Any other Presidential candidate they attempt to put forward will be of no resistance to them. I will!”

The post comes just days after McGregor, 36, appeared at the White House with Donald Trump on St. Patrick’s Day, where he became the latest European ally of the US president to promote anti-immigrant sentiment – drawing controversy and censure back home.

“Ireland is at the cusp of potentially losing its Irishness,” McGregor said Monday, claiming the government had “abandoned the voices” of Irish people and that rural towns were being overrun by immigrants.

Irish leader Micheál Martin said McGregor’s comments “did not reflect the spirit of St. Patrick’s Day, or the views of the people of Ireland.”

Once the face of the Ultimate Fighting Championship, Dublin-born McGregor was the first fighter to hold two UFC belts simultaneously and, according to Forbes, was the world’s highest paid sports star in 2021.

Despite several rumored comebacks, he hasn’t fought in the UFC since back-to-back defeats four years ago – and has become a hugely controversial figure in Ireland, dogged by accusations of sexual assault, which he has denied.

In a January civil lawsuit, a woman accused McGregor of sexual battery during the 2023 NBA Finals in Miami. The incident was investigated by police at the time and the Miami-Dade state attorney declined to press charges against him. McGregor said the allegations were false.

Last fall, a civil jury in Dublin awarded nearly 250,000 euros ($257,000) in damages to a woman who claimed McGregor had “brutally raped and battered” her in a hotel in Dublin in 2018. McGregor testified that the two had consensual sex and vowed to appeal the verdict.

As far back as 2022, McGregor had expressed support for people protesting against immigration. Some Irish politicians have accused him of fanning the flames of discontent online, voicing his anger at Ireland’s immigration policy – a particularly sensitive issue given the country’s long history of emigration.

Ireland, a country of just over 5 million people, saw 141,600 immigrants arrive in the year leading up to April 2023 – the highest figure in 16 years with some attracted by its strong economic performance, according to the Central Statistics Office Ireland.

But for many ordinary workers, the benefits are failing to reach their pockets and they are struggling to afford high housing prices and rents.

Ireland’s next presidential election must take place by November 11.

In his Instagram post Thursday, McGregor said he would put the EU migration bill to a referendum if elected.

“Although I oppose greatly this pact, it is neither mine nor government’s choice to make. It is the people of Ireland’s choice! Always!” he wrote.

“This is the future of Ireland with me as President.”

But McGregor faces an uphill task to get his name on the ballot as few Irish lawmakers share his vehement anti-immigrant views, and many publicly criticized him after the civil case last November.

Presidential candidates must be nominated by at least 20 of the 234 members of the lower and upper houses of parliament or by four of Ireland’s 31 local councils, according to the country’s electoral commission.

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London’s Heathrow Airport announced a complete shutdown all day Friday due to a “significant power outage” due to a large fire nearby, causing massive disruption to one of the world’s busiest travel hubs as flights were forced to turn back midair or divert to other locations.

“Due to a fire at an electrical substation supplying the airport, Heathrow is experiencing a significant power outage,” Heathrow Airport said in a statement on X. “To maintain the safety of our passengers and colleagues, Heathrow will be closed until 23h59 on 21 March.”

A transformer at an electrical substation in Hayes, a London suburb located just a few miles from the airport, caught fire Thursday night, according to the London Fire Brigade. The cause is not yet known, and firefighters were still working to extinguish the blaze as of early Friday morning.

The brigade said it evacuated 150 people from the area. More than 16,000 homes lost power, according to utility supplier Scottish and Southern Electricity Networks — with Britain’s National Grid “working at speed” to restore power.

Videos shared on social media showed huge flames and smoke rising into the air early Friday.

“As we head into the morning, disruption is expected to increase, and we urge people to avoid the area wherever possible,” Assistant Commissioner Pat Goulbourne said in the fire brigade’s statement.

Heathrow Airport appeared largely dark amid the power outage, according to videos shared on social media.

Massive disruption

The shutdown could affect tens of thousands of travelers. Heathrow was the world’s fourth-busiest airport in 2023, according to the most recent data, with a record-breaking 83.9 million passengers passing through last year.

Spread across four terminals and located 14 miles west of central London, it usually runs at 99% capacity, with every major airline passing through, meaning it’s always very busy.

Airline analytics firm Cirium estimated that “upwards of 145,000” passengers could be impacted.

Dual US-Norwegian citizen Kim Mikkel Skibrek had already been flying for three hours from Minneapolis to London when crew announced they had to turn back due to the fire.

On the same flight, Abby Hertz and her family were traveling to London for the wedding of her husband’s best friend. The couple had postponed the wedding once due to Covid and were finally getting married now that their son was in remission from leukemia, Hertz said — but it’s not clear if they’ll be able to make the wedding now.

Meanwhile at New York’s JFK Airport, passenger Christine said her British Airways flight had been ready to depart when the pilot announced they’d been asked to hold for a while. Half an hour later, passengers were told Heathrow was closed and that another flight which had already taxied to the runway had turned back — leaving them stuck on the tarmac.

“The mood is fairly relaxed on the plane, surprisingly. They’ve just come around to feed us,” said Christine, who declined to give her last name. But, she said, with a wedding in the UK to attend Saturday, “I really hope we’re not stuck until then!”

According to flight tracking website FlightRadar24, more than 1,350 flights going in or out of Heathrow on Friday will be affected. It also said 120 flights were in the air when the announcement came. They had to be diverted to other airports or turned back to their original location.

Thomas added that while shorter domestic flights might be able to turn back, that’s not an option for long-haul international flights. There are several other airports near London, including Gatwick Airport and Stansted Airport, but those are likely “at capacity,” meaning diverted flights have to go further to find an alternative place to land — like in Glasgow or Edinburgh, he said.

And that could pose another problem. Those other airports, some of them smaller and lower-cost than Heathrow, aren’t equipped to handle the sheer number of diverted passengers coming their way, he said.

As authorities race to contain the fire and navigate the fallout, they’ll also face tough questions, Thomas said, including why such a crucial travel and economic hub wasn’t able to tap into a backup power source.

This is a developing story and will be updated.

This post appeared first on cnn.com

China is practicing “dogfighting” satellites as part of its expanding capabilities in space, according to the United States Space Force, which warned that Washington’s key rivals are closing the technology gap as space becomes increasingly critical to security on Earth.

The Space Force observed “five different objects in space maneuvering in and out and around each other in synchronicity and in control,” its vice chief of space operations Gen. Michael A. Guetlein said Tuesday at a defense conference.

“That’s what we call dogfighting in space. They are practicing tactics, techniques, and procedures to do on-orbit space operations from one satellite to another,” Guetlein said, using a term that typically refers to close-range aerial combat between fighter jets.

While the purpose of such operations was not clear – and some experts question the use of the term – Guetlein’s comments come as analysts say a growing number of countries, including China, have sought to develop counterspace technologies.

Such capabilities could enable a country to destroy or disable satellites, potentially allowing them to interrupt a rival military’s communications or operations like launching and detecting missiles. Such interference could also wreak havoc on global navigation systems used for everything from banking and cargo shipping to ambulance dispatch.

The US has been closely watching China’s rapid rise as a space power in recent decades, not only through its ambitious lunar and deep-space exploration programs, but also what analysts describe as its deepening counterspace capabilities.

In response to a question about China and Russia, Guetlein said they had developed “exquisite” capabilities. He cited the deployment of jammers to disrupt satellite signals, the ability to dazzle intelligence surveillance and reconnaissance satellites with lasers, as well as maneuvers involving grappling with a satellite and towing it to a different orbit.

“This is the most complex and challenging strategic environment that we have seen in a long time, if not ever,” Guetlein said, adding that the force needs “capabilities to deter and, if necessary, defeat aggression” to “guarantee that the advantage is in our favor” into the future.

“There used to be a capability gap between us and our near peers, mainly driven by the technological advancement of the United States … that capability gap has significantly narrowed,” he said.

The “dogfighting” incident referenced by Guetlein involved a series of Chinese satellite maneuvers in 2024 in low Earth orbit involving three Shiyan-24C experimental satellites and two Chinese experimental space objects, the Shijian-6 05A/B, a Space Force spokesperson said.

Beijing has released little public information about its experimental satellites and such operations. The country included safeguarding its “security interests in outer space” among its national defense goals in a 2019 white paper but has long said it stands “for the peaceful use of outer space” and opposes an arms race there.

‘Dogfighting’ in space?

Given the physical dynamics in space, the maneuvers described by Guetlein as “dogfighting” would look very different from those in the air between fighter jets, in this case involving satellites maneuvering around one another using propellant, experts say.

Analysts have long been closely monitoring interactions between satellites and other objects in space. Typically referred to as “rendezvous and proximity operations,” these maneuvers can be used for peaceful operations like satellite maintenance or clearing debris – but could also allow countries to interfere with adversaries’ assets.

“Close maneuvering around other satellites could suggest the development of a counterspace weapon because getting close to another satellite means you could potentially grab it, launch a net or projectile at it, or use an energy weapon, like a laser or jammer,” said Clayton Swope, deputy director of the Aerospace Security Project at the Center for Strategic and International Studies think tank in Washington.

“But getting close to another satellite might also suggest other purposes, like in-space servicing or refueling. It could also be one satellite trying to take a picture of the other one,” he said, adding that China is launching “more and more satellites that demonstrate the ability to conduct sophisticated maneuvers.”

“We don’t really know for sure, at least not publicly, what any of these satellites are up to, but some are probably doing surveillance and also testing out new space technologies that could be used as counterspace weapons,” Swope added.

There is no confirmed public evidence of China using counterspace capabilities against any military targets, the independent US-based Secure World Foundation said in an annual report on countries’ counterspace capabilities last year.

Russia and the US are also known to conduct proximity operations to their own and other satellites, she added.

“It’s hard to say if this Chinese capability is something that the US doesn’t have since we’re learning about it from US commercial SSA (space situational awareness) companies, who are generally reluctant to discuss what US satellites are up to,” she said.

Referring to China’s operations as “dogfighting” in space is “not helpful” because it “automatically ascribes hostile intentions to activities that frankly the US also undertakes,” Samson added.

Currently, the US doesn’t have an acknowledged operational program to target satellites from within orbit using other satellites or spacecraft, though it could likely quickly field one in the future, according to SWF’s annual report.

That’s because the US has done extensive “non-offensive” testing of technologies to approach and rendezvous with satellites, including close approaches of its own military satellites and several Russian and Chinese military satellites, the foundation said.

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Quantum Computing: its Evolution and its Potential Future

 

Quantum computing is a rapidly evolving field of study that promises to revolutionize the way we approach complex computational problems. Unlike traditional computers, which rely on binary bits (0s and 1s) to store and process information, quantum computers harness the principles of quantum mechanics to create quantum bits, or “qubits,” that can exist in superposition. This allows them to perform certain calculations exponentially faster than classical computers.

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The foundations of quantum computing can be traced back to the 1980s, when physicists and computer scientists began exploring the potential of leveraging quantum phenomena to solve problems that are intractable for traditional computers. Over the past few decades, significant progress has been made in both the theoretical understanding and the practical implementation of quantum computing technologies.

The evolution and development of quantum computing can be divided into several key milestones: In the 1980s physicists like Richard Feynman and David Deutsch laid the theoretical groundwork for quantum computing by exploring the potential of using quantum mechanics to perform computation. This was followed in the 1990s, when researchers such as Peter Shor and Lov Grover developed groundbreaking quantum algorithms that demonstrated the potential of quantum computers to solve certain problems, such as integer factorization and database searching, much more efficiently than standard computers. In the early 2000s, researchers began to take the next step and built small-scale test quantum computing prototypes, using technologies like superconducting circuits, trapped ions, and photonic systems to create and manipulate qubits.

In 2019, Google’s Sycamore quantum processor was reported to have achieved “quantum supremacy,” performing a specific calculation faster than the world’s most powerful supercomputer. This milestone marked a significant step forward in the development of a practical quantum computing system. Since Google’s advance, major tech companies and research institutions have made significant investments in quantum computing, leading to the development of increasingly powerful and accessible quantum computing hardware and software platforms.

While quantum computing is still in its early stages, researchers and industry leaders have already identified several areas where quantum computers could have a significant impact:

Quantum computers have the potential to break many of the encryption algorithms used in modern communication and data security systems. This has led to the development of quantum-resistant cryptography and the exploration of quantum-based secure communication protocols.

Quantum computers also excel at simulating and modeling complex quantum systems, such as chemical reactions, material properties, and biological processes. It is hoped this will lead to breakthroughs in the fields of materials science, drug discovery, and energy storage. Quantum algorithms have also been shown to be highly effective at solving complex optimization problems, such as logistics and scheduling challenges, financial portfolio management, and traffic routing.

The area of machine learning and artificial intelligence, also offer great hopes. The unique properties of quantum systems could lead to the development of more powerful and efficient machine learning algorithms, potentially revolutionizing fields like natural language processing, computer vision, and decision-making.

Despite quantum computing’s exciting potential, significant challenges and limitations remain. One major challenge is maintaining the delicate state of qubits, known as quantum coherence. Qubits are highly susceptible to interference from the environment, leading to a phenomenon called decoherence, which can cause errors in computation.

Building large-scale, fault-tolerant quantum computers with a sufficient number of qubits to solve real-world problems also remains a significant technical challenge. Current quantum computers are still relatively small and limited in their capabilities.

Developing efficient algorithms and programming techniques for quantum computers is a complex task that requires a deep understanding of quantum mechanics and computer science. The development of the necessary hardware and infrastructure to support quantum computing, such as cryogenic systems, control electronics, and error correction mechanisms, is a significant engineering challenge.

Notwithstanding the challenges, quantum computing has a promising future. As research and development continue, we can expect to see significant advancements in the coming years. For example, Researchers are working to increase the number of qubits in quantum computers while improving their stability and coherence times, paving the way for more powerful and reliable quantum systems.

Another area of research is the development of effective quantum error correction techniques, which are crucial for building large-scale, fault-free quantum computers that can reliably solve the most complex problems. An additional area of interest is the integration of quantum and traditional computing systems, which is thought to play a key role in unlocking the full potential of quantum technologies, allowing for the power of quantum with the simplicity of traditional computing,

Although practical applications are not yet mainstream, real-world, quantum-based solutions are hoped to emerge soon in the fields of cryptography, drug discovery, and materials science.

In conclusion, as governments and major technology companies continue to invest in quantum computing, the technology will become more accessible and commercially affordable. While most individuals may not see or use the technology directly, its applications could be transformational to us all in areas such as finance and health.`);

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Air Direct Capture – Reducing CO2 from the Atmosphere

 

Air Direct Capture (ADC) is an innovative technology that has gained significant attention in recent years as a means of addressing the pressing issue of climate change. This process involves the direct extraction of carbon dioxide (CO2) from the ambient air, with the goal of reducing the concentration of greenhouse gases in the atmosphere. The development of ADC technology has been driven by the growing urgency to find effective solutions to mitigate the impact of human-induced climate change.

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In this article, we will explore the evolution of Air Direct Capture, its current applications, the challenges and limitations of this technology, and its promising future.

The concept of Air Direct Capture is not entirely new, as it has been studied and experimented with for several decades. However, in recent years, the technology has undergone significant advancements, driven by the increasing awareness of the need for innovative climate change mitigation strategies.

The foundations of ADC technology were laid in the 1930s when scientists began exploring the possibility of directly capturing CO2 from the atmosphere. These early experiments laid the groundwork for the development of more sophisticated techniques and technologies.

Significant progress has been made in the field over the past few decades. Researchers and engineers have developed more efficient and cost-effective methods of capturing and storing CO2, utilizing various techniques such as chemical absorption, physical adsorption, and membrane separation.

The growing urgency to address climate change has led to increased funding and collaborative efforts between governments, research institutions, and private companies to accelerate the development and deployment of ADC technology.

As the technology behind Air Direct Capture has evolved, it has found various applications across different industries and sectors. One of the primary applications of ADC is the sequestration of captured CO2, which can be stored underground or used in various industrial processes, such as the production of synthetic fuels or the enhancement of oil recovery. The captured CO2 can also be used in the production of building materials, such as concrete and cement, reducing the carbon footprint of the construction industry. ADC technology is also being used to produce carbon-neutral fuels, such as synthetic aviation fuel, by combining the captured CO2 with hydrogen derived from renewable energy sources. In addition, ADC technology is directly removing greenhouse gases from the atmosphere, contributing to the overall efforts to mitigate climate change.

Despite the promising advancements in Air Direct Capture technology, there are still significant challenges and limitations that must be addressed. These challenges include the energy-intensive nature of the ADC process, as the capture and separation of CO2 from the air require large amounts of energy, which impacts the overall sustainability and cost-effectiveness. The high capital and operational costs associated with ADC systems are also a barrier to widespread adoption. Scaling up ADC technology to meet the huge global demand for greenhouse gas removal also remains a significant challenge.

Notwithstanding the challenges, the future of Air Direct Capture technology looks promising. As research and development continue, and as the technology becomes more cost-effective and scalable, the potential for ADC to play a significant role in addressing climate change is expected to grow.

While planting trees is a common option for carbon removal, it has its drawbacks as trees can burn or be cut down, releasing the stored carbon. Leading the pack to operate Air Direct Capture plants is ‘Climeworks’ which has opened the world’s largest operational direct air capture plant to suck carbon dioxide out of the atmosphere; the facility, known as Orca in Iceland harnesses the country’s geothermal power and is almost ten times larger than the next biggest plant. The plant is due to be fully operational by the end of 2024

The Orca plant offers an alternative solution, using chemical filters to capture CO2 from the air, which is then converted into rock by being pumped into volcanic basalts. The trials have shown that this process can sequester CO2 in solid rock within two years. One issue with this method is its limited capacity, as the Orca plant can only capture 4,000 tonnes of CO2 per year out of the 35bn tonnes produced by fossil fuels globally. However, the company is confident that it can eventually reach millions of tonnes of captured CO2.

The process cost is high, estimated at $600-800 per tonne, although the company says it aims to reduce costs to $400-600 per ton by 2030 and $200-350 per ton by 2040. Despite its high cost, there seems to be no shortage of customers looking to offset their carbon footprint. Swiss Re has signed a 10-year contract worth $10 million. Other clients include Microsoft, JPMorgan Chase, Stripe, and Lufthansa.

In Conclusion, the amount of CO2 sequestered is tiny compared to the amount produced. As technology advances, costs are reduced, and more plants come online, it is hoped that ADC can play an important role in the fight against climate change.
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