⛏ Tocvan's Discoveries

PLUS: Coal Consumption Dilemma

👷‍♀️ Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and enjoy a mug of beer, happy Friday. 🍺

📌 Commodity Prices

Source: Trading Economics, Numerco.

📝 Here are the highlights

😉 Tocvan's Discoveries

🙄 Coal Consumption Dilemma

🐦 Happy Women’s Day ladies, especially #uranium ladies

😉 Tocvan's Discoveries

Tocvan Ventures Corp. (CSE:TOC) (OTCQB:TCVNF) (FSE:TV3) announces surface exploration results from its road-accessible Pilar gold-silver project in the State of Sonora, Mexico.


  • 3.2 g/t Gold

  • 1,225 g/t Silver

  • 0.42% Copper

  • >20% Lead

  • 3.4% Zinc

Tocvan Ventures is actively exploring and developing the Pilar and Picacho Gold-Silver projects in Sonora, Mexico. Investors are displaying muted enthusiasm or are still assimilating the news, as the stock experiences a modest 1.3% uptick.

🙄 Coal Consumption Dilemma

China's top industry association suggests that while the country is nearing peak coal consumption, its pivotal role in ensuring energy security means a rapid decline in usage is unlikely.

The surge in wind and solar energy installations, coupled with a cooling demand from heavy industry due to the real estate crisis, is displacing coal in the power sector. However, coal remains necessary to balance intermittent renewable energy generation.

Despite a recent increase in coal consumption, projections indicate a forthcoming decline, with the expectation of plateauing over the next few years. President Xi Jinping has pledged a reduction in coal usage starting from 2026. Nevertheless, differing opinions persist, with some experts predicting a modest increase in coal consumption in the near future. 

The fact that China continues to depend on coal for energy security, even as it approaches peak consumption, is worrisome given the growing emphasis on renewables and the uncertain outlook for the future. We’ll keep an eye on this.

📰 In Other News

🐦 Happy Women’s Day ladies, especially #uranium ladies

📮 Other Great Newsletter

The EV UniverseKeep up with the Electric Vehicle industry. Read by over 7,000 EV geeks weekly

How Are We Doing?

Today's mining news was:

Login or Subscribe to participate in polls.

Happy Speculating!

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

Join the conversation

or to participate.