Mining Archives - InvestorWire (IW)

Thursday Oct 21, 2021 - 11:45 am

StraightUp Resources Inc. (CSE: ST) Gold Exploration Expansion Rides Wave of Inflationary Concerns

Market analysts and investors are preparing for inflation to reach high levels as a result of COVID-19 pressures, although key financial policy managers expect inflation pressures to be temporaryAnalysts are also observing the 50th anniversary of the end of the gold standard in the United States with reports that offer mixed views on gold’s ability to hedge against inflation in the short term, but its…

Tuesday Oct 19, 2021 - 1:35 pm

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Takes Part in Reviving Saxony’s Rich Mining History

Saxony’s Freiberg has a rich & storied mining history, dating back to 1168 AD, as depicted by a recent video from the Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg University of Mining & Technology The region quickly became synonymous with mineral breakthroughs, including the discovery of novel chemical elements such as Germanium and IndiumExcellon Resources has sought to revive the region’s rich mining…

Wednesday Oct 13, 2021 - 1:17 pm

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Stands Poised to Benefit from a Surge in Global Silver Demand

Rising investment demand for silver has seen several entities inaugurate dedicated warehouses set to house the precious metalDemand for silver is being led by a combination of investment demand and industrial usage, driven by resurgent demand for renewable energy resourcesExcellon Resources is well poised, benefitting from the ongoing production at their Platosa Mine project as well as the promising prospects for their Kilgore and Silver…

Thursday Oct 07, 2021 - 1:03 pm

DGE’s 2nd Rx TO OTC Symposium To Discuss Novel Digital Tools and eCommerce Breakthroughs to Maximize Success at Launch

November 11-12, 2021 Online Streaming Lifescience and pharma professionals are invited to attend the 2nd Rx to OTC symposium being held on November 11-12, 2021. The online event is hosted by Dynamic Global Events (“DGE”), a global event company that caters to the dynamic informational and networking needs of the Pharmaceutical, Biotechnology, Healthcare, Medical Devices, and allied industries. Become a part of this 2-day communication and networking symposium to…

Thursday Oct 07, 2021 - 12:34 pm

StraightUp Resources Inc. (CSE: ST) Acquires Nevada Mine in Boom Zone to Expand its Footprint

Mineral property exploration company StraightUp announced Sept. 28 that it is expanding its footprint with the acquisition of a mine in Nevada’s historic Bullfrog boom zone about 125 miles northwest of Las VegasThe company recently completed high-resolution heli-borne magnetic surveys (“MAG”) on its largest properties in Ontario, and on another nearby property in a renowned greenstone beltBoth regions have generated excitement among explorers as gold…

Monday Sep 27, 2021 - 1:44 pm

StorEn Technologies Inc. Announces ANYSeed Converts Note, Becomes New Shareholder

StorEn issued ANYSeed a convertible note in 2019; the fund recently converted the note into equityANYSeed supports science and technology-based, early-stage ventures located in downstate New YorkFocused on offering innovative battery storage, StorEn Technologies is leading way in the development of evolutionary vanadium flow batteries StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, has announced that…

Monday Sep 27, 2021 - 11:24 am

Greenstone Belt Gold Potential Drives StraightUp Resources Inc. (CSE: ST) Survey Work in Ontario’s Rich Red Lake Mining District

StraightUp Resources is a mineral property acquisition and exploration company currently focused on potential production targets in Ontario, Canada’s historic Red Lake Mining DistrictStraightUp has options to four flagship properties that together comprise over 20,000 hectares (about 50,000 acres) in a region that has produced more than 30 million ounces of gold historicallyThe company announced this month that it has completed a high-resolution heli-borne magnetic…

Friday Sep 24, 2021 - 9:15 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Creation of Million-Dollar Foundation to Support Local Communities

UUUU’s San Juan County Clean Energy Foundation designed to assist communities surrounding Energy Fuels' White Mesa Mill in southeastern UtahCompany initially donating $1 million, plans to donate annual funding equal to 1% of the mill's future revenuesInvesting back into the San Juan County community will give company opportunity to support, catalyze sustainable economic and community development Committed to being a strong member of the community, Energy Fuels…

Thursday Sep 23, 2021 - 9:58 am

StorEn Technologies Inc. Names New Director of Business Development

New director will add significant strength to business development and marketing initiativesDavis has decades of sales and business development experience heavily focused on emerging technology solutions for telecommunications, utilities industriesStorEn focused on revolutionizing the world of residential, industrial energy storage StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, has named John Davis as its new director…

Tuesday Sep 21, 2021 - 12:15 pm

StraightUp Resources Inc. (CSE: ST) Is ‘One to Watch’

StraightUp’s objective is to continue to locate and develop economic, precious and base metal properties of meritIn April 2021, StraightUp closed a non-brokered private placement raising C$697,700The company’s RLX Projects are well positioned on-strike to the southeast of the Red Lake Mining District’s largest gold depositStraightUp Resources recently completed a heliborne magnetic survey of its Ferdinand Gold ProjectThe company’s management team is led by dedicated…

Friday Aug 27, 2021 - 9:00 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Signs Alliance to Evaluate Potential Production of Isotopes for Emerging Cancer Therapeutics

UUUU, RadTran to study the recovery of thorium, radium, from existing rare earth carbonate and uranium process streamsThe alliance has the potential to develop commercial technologies and sources of isotopes needed for a new domestic medical supply chainPartnership aims to alleviate major bottleneck in the targeted alpha therapy market Due to its highly unique licenses, capabilities, and expertise, Energy Fuels (NYSE American: UUUU) (TSX: EFR)…

Tuesday Aug 24, 2021 - 11:53 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Only NA Company in Position to Produce Monazite-Derived REE

Monazite sand is so valuable because of its superior distributions of magnetic REEs for use in clean-energy, defense and other technologiesUUUU has licenses, ability to unlock the value of this domestic resourceThis year, the company and its partners have created a U.S.-E.U. rare earth supply chain Monazite has long been recognized as one of the most valuable rare earth elements (“REEs”) in the world, but…

Tuesday Aug 17, 2021 - 9:30 am

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Reports Strong Second Quarter Financial Results

The company reported revenues of $9.7M, in-line with Q1 2021’s sales while gross profit improved to $2.1M, up 16% quarter over quarterExcellon’s production cost per tonne decreased to $273, down 8% quarter over quarterThe company also increased its exploration expenditures to $1.8M in Q2 2021, with ongoing mining activity at Mexico’s Platosa mine, as well as in their German and Idaho-based sites Excellon Resources (TSX:…

Monday Aug 16, 2021 - 10:18 am

First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Continues To Release Lithium Drill Results As Lithium Demand Continues to Grow Globally

Company reported various lithium oxide volumes at LC21-22 and LC21-003 drill holesThe drilling showed irregular values of rare metals, including niobium, rubidium, tantalum, beryllium, cesium, and ironAnalysis of the samples is done through a process called Code Ultratrace 7 using Peroxide Fusion, ICP, and ICP/MSFirst Energy Metals granted incentive stock options to certain directors, officers, and consultants to purchase up to 900,000 common shares under…

Friday Jul 23, 2021 - 10:00 am

StorEn Technologies Inc. Builds on Vanadium Flow Battery Tech to Deliver Game-Changing Energy Storage Options

StorEn’s batteries deliver superior performances at a lower costCompany’s exclusive vanadium flow battery technology is based on a rechargeable flow batteryWith its innovative vanadium flow battery tech as a backdrop, the company is in the process of a RegA offering with four different investment tiers From the first all-vanadium flow battery created almost four decades ago, StorEn Technologies has developed a revolutionary vanadium flow battery…

Thursday Jul 15, 2021 - 11:49 am

Energy Fuels (NYSE American: UUUU) (TSX: EFR) Makes First Shipment to Neo Performance Materials Inc. (TSX: NEO) in Emerging US-Based Rare Earth Supply Chain

The first container of mixed RE carbonate has been shipped from the United States to Europe. The announcement marks important achievement, not only for UUUU and NEO, but also for U.S. government efforts to restore critical rare earth supply chains. Energy Fuels is the only North American company that currently produces a monazite-derived, enhanced rare earth material. A milestone has been reached in the quest to create…

Friday Jun 25, 2021 - 10:37 am

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) to Benefit from Surge in Silver Investment Demand

Silver prices rose by 29% YoY in 2020, led by an 8% increase in physical investment demandThe World Silver Survey 2021 has forecast total silver demand to rise by 15% in 2021 to 1.03 billion ounces, with industrial silver consumption set to bounce back by 8% YoYThe rosy demand outlook contrasts against silver’s tenuous supply profile, with annual mining production declining for a fourth consecutive…

Thursday Jun 24, 2021 - 3:11 pm

Energy Fuels (NYSE American: UUUU) (TSX: EFR) Ramps Up REE Production

Energy Fuels is making major strides toward restoring critical U.S. rare earth supply chainsNo other U.S. company is producing a product this far down the rare earth value chainCompany working to transform into 'America's Critical Mineral Hub,' with the main focus being on the White Mesa Mill As the U.S. government appears to be throwing support and assistance behind efforts to limit its dependence on…

Thursday Jun 24, 2021 - 9:00 am

Grapefruit USA Inc. (GPFT) Accepts Crypto Payments on New E-Commerce Site

GPFT customers can convert crypto of choice at checkout to make online purchases.Announcement demonstrates company’s outreach to growing demographic of early adopters, younger buyers.Grapefruit is building a well-earned reputation for pioneering future-looking ideals and products. In an industry known for embracing the use of cryptocurrency (https://ibn.fm/14OmW), Grapefruit USA (OTCQB: GPFT) joined other leaders in the cannabis space in paving the way forward when it announced…

Tuesday Jun 22, 2021 - 12:57 pm

Asia Broadband Inc. (AABB) Enthused Over Preliminary Assay Results at LOI-target Gold Mine

Asia Broadband, an experienced producer of precious metals, is in the process of adding key gold mine property acquisitions in MexicoThe company’s approach to metals sales to primarily Asian markets includes development of a cryptocurrency exchange with a token backed by its gold holdingsAsia Broadband’s AABBG token will be traceable through the proprietary exchange for currencies such as Bitcoin, Ethereum and Litecoin, and will also…

Thursday Jun 17, 2021 - 11:09 am

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Set To Benefit from a Sustained Silver Demand Boom from the Electric Vehicle Sector

Battery-powered electric vehicles are set to be a significant demand driver for silver in coming yearsThe expected increase in annual silver demand from the electric vehicle sector over the next four years is estimated to equal 10% of 2021’s global silver productionExcellon Resources is currently executing ongoing precious metals projects in Mexico, Idaho and GermanyThe company recently revealed that its Mexican operations resulted in a…

Wednesday Jun 16, 2021 - 11:48 am

StorEn Technologies Inc. Exclusive Opportunity in Growing Battery Market Highlights Reg A Offering Potential

StorEn boasts four patents, five trademarks, successful fundraising track recordCompany has evolved idea, performance of vanadium batteriesExclusive technology delivers higher performance at lower cost, providing more efficient, safe, environmentally friendly and cost-effective energy storage Dedicated to bringing battery storage into the 21st century, StorEn Technologies is building a reputation for leading the way forward in the development of evolutionary vanadium flow batteries. The battery pioneer…

Tuesday Jun 15, 2021 - 2:11 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Partners with Global Leader in Rare Earth Separation

UUUU is focused on building fully integrated, rare earth supply capabilitiesCarester is recognized as leading authority, global consultants on rare earth supply chainsEnergy Fuels committed to restoring critical U.S. domestic rare earth capabilities In its ongoing commitment to developing its rare earth element (“REE”) business, Energy Fuels (NYSE American: UUUU) (TSX: EFR) is working with Carester SAS, a leading global expert on rare earth separation…

Friday Jun 04, 2021 - 9:00 am

Asia Broadband Inc.’s (AABB) Strong Q1 2021 Balance Sheet Sets Foundation for Robust Performance, Fulfillment of Strategic Goal

Asia Broadband recently released Q1 2021 results featuring a strong balance sheet as indicated by over $100 million in total assets, an increase of 283% from a similar period last yearThe results signal AABB’s highly liquid position to fully fund and rapidly grow its gold mining and cryptocurrency operationsAABB intends to acquire high-yield gold mining assets to increase its physical gold holdingsAABB recently hired a…

Monday May 24, 2021 - 12:27 pm

Asia Broadband (AABB) Hitting its Stride in Cryptocurrency Exchange Development Following Token’s Launch

Asia Broadband Inc., an experienced producer of precious metals is adding key gold mine property acquisitions in Mexico, while concurrently developing a proprietary cryptocurrency exchangeThe exchange will build a mechanism for holders of its gold-backed AABBG token to trade with major cryptocurrencies such as Bitcoin, Ethereum, and LitecoinThe AABBG tokens launched in March, backed by $30 million in physical gold from the company’s propertiesThe company…

Thursday May 20, 2021 - 9:15 am

Asia Broadband Inc. (AABB) on Course to Increase Physical Gold Holdings with Two Potential Property Acquisitions

Asia Broadband is increasing its physical gold holdings, to financially leverage and back the company’s AABBG cryptocurrency token, through acquisitions of historic gold mine site propertiesThe company is currently at an advanced stage of negotiations and due diligence process for the purchase of the 200-hectare Los Reyes property in western Mexico, whose assay results show significant promiseAABB also announced that it has entered into an…

Thursday May 13, 2021 - 1:51 pm

Silver: Returning to Germany Through A Winding History, from the Viking Era to Modern Technology

Germany has been integral to silver production historically, including the Rammelsberg Mine that produced for over 1,000 years continuously through 1988.Excellon has a license to explore a massive land package, dubbed “Silver City,” after the heritage name for Freiberg (Silberstadt), spanning 341.5 square kilometers that has produced billions of dollars in silver from shallow depths.Excellon is a first mover in Saxony, with the first drilling…

Wednesday May 12, 2021 - 1:08 pm

Uranium Energy Corp (NYSE American: UEC) Ideally Positioned to Contribute to Carbon-Free Energy Growth

World Nuclear Association notes that new nuclear builds offer advantages that extend beyond simply being clean, reliable source of energyWith growing demand for carbon-free energy production, growing reliance on nuclear seems certainUranium, the fuel most widely used to power nuclear plants, will become an increasingly vital mineral While COVID-19 still looms as a potential threat in parts of the world, some positive signs indicate that…

Friday May 07, 2021 - 10:34 am

As U.S. Prepares to Fix Production Gap, Uranium Energy Corp. (NYSE American: UEC) Further Grows Only Recent U.S. Uranium Discovery

Despite consuming 27% of the world’s uranium requirements, the U.S. produces virtually no uraniumTexas-based Uranium Energy Corp. has more than 100 million pounds of uranium in the ground in its portfolio, in addition to 2.1 million pounds of warehoused physical uranium inventoryUEC recently completed 40 development holes at its flagship Burke Hollow project, adding data to what potentially is the largest Goliad Formation deposit ever…

Wednesday May 05, 2021 - 9:15 am

H.C. Wainwright Publishes Analyst Research Report on Uranium Energy Corp. (NYSE American: UEC), Reiterates Buy Rating

Brokerage firm H.C. Wainwright & Co. recently released report featuring UEC, reiterates Buy ratingRecent drilling activities at UEC’s Burke Hollow in situ recovery (“ISR”) project show strong results, potential for further resource growth UEC well-financed to aggressively pursue key developmental targets, the Company has over $110 million in cash, equity and inventory holdingsUEC is production ready with four fully licensed uranium projects and a state-of-the-art Central…

Friday Apr 30, 2021 - 12:42 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Key to Domestic Rare Earth Production Amid Rapidly Expanding Market

Rare-earth metals market expected to almost double by 2026, driven by consumer and industrial electronics demandREEs are considered critical minerals by the government, but China absorbs biggest share of world supplyEnergy Fuels remains top U.S. uranium producer, determined to expand into rare earths and bring back production to US As a leading U.S. uranium producer that recently expanded into the promising rare earths market, Energy…

Thursday Apr 29, 2021 - 10:41 am

First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Is ‘One to Watch’

First Energy Metals Ltd. is focused on developing a multi-commodity mineral property portfolio by identifying, acquiring and exploring North American mineral prospects in the precious metal, base metal and industrial metals sectorsThe company’s current property portfolio features core and non-core properties, including the Augustus Lithium and Titan Gold Properties (core), as well as the Kokanee Creek Gold Property and an option to acquire a 100%…

Wednesday Apr 28, 2021 - 1:44 pm

Energy Fuels (NYSE American: UUUU) (TSX: EFR) Leading American Critical Minerals Production

Energy Fuels produces the raw materials that make numerous clean energy and advanced technologies possibleUUUU is the largest U.S. producer of uranium, the fuel for carbon- and emission-free nuclear energyCompany is beginning production of an intermediate rare earth element product with plans to integrate U.S. rare earth supply Energy Fuels (NYSE American: UUUU) (TSX: EFR) has emerged as “America’s Critical Mineral Hub,” and a leader…

Monday Apr 26, 2021 - 1:16 pm

Uranium Energy Corp (NYSE American: UEC) Multifaceted Strategy Strengthens Shareholder Value, Grows Company

UEC is ideally positioned to be leading supplier of American-mined uranium for domestic utilities, U.S. governmentUEC’s main objective is adding value to shareholders, growing into largest and most profitable uranium company in the United States Uranium Energy (NYSE American: UEC) CEO Amir Adnani American has noted the company is a uranium pure play, with $110 million cash, equity and strategic U.S.-warehoused inventory holdings. Recent press releases…

Thursday Apr 22, 2021 - 1:52 pm

Asia Broadband Inc. (AABB) Takes The Los Reyes Gold Mine Property Purchase Deal Further; Expands Management Team

Asia Broadband takes the Los Reyes gold mine property purchase deal further with mapping and rock sampling assay resultsAsia Broadband announces the appointment of new management personnelAABB will be launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company Asia Broadband (OTC: AABB) has received mapping and rock sample assay results during the ongoing due…

Thursday Apr 22, 2021 - 1:17 pm

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Continues to Find Additional High-Grade Silver at its Platosa Mine in Mexico

In production since 2005, Platosa is Mexico’s highest-grade silver mineRecent drilling by Excellon highlighted by an intersect of 1,422 g/t silver equivalent over 8.9 meters, as well as multiple other assay results of 1,000+ g/t silver equivalentDrilling underway to define and discover new mineralization in the Gap Zone, an area of vertical mineralization inadequately tested by drilling from surface to date Excellon Resources (TSX: EXN)…

Tuesday Apr 20, 2021 - 12:29 pm

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectaresGermany and the EU have seen mining revival in attempt to enhance mineral supply securityExcellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious…

Tuesday Apr 20, 2021 - 10:58 am

Asia Broadband Inc. (AABB) Launches AABBG Gold-Backed Crypto Tokens, AABB Wallet; Plans Proprietary Cryptocurrency Exchange

AABB launches AABB Gold cryptocurrency token, AABB Wallet targeting high-growth marketsInitial token release is 100% backed by $30 million in physical goldCompany plans to expand token circulation through mine-to-token vertical integration Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals primarily to the Asian market, has launched its AABB Gold (AABBG) cryptocurrency token (https://ibn.fm/j1FDQ). Intended…

Thursday Apr 15, 2021 - 12:15 pm

Uranium Energy Corp. (NYSE American: UEC) Positioned to Capitalize on Rising Uranium Demand with Diverse Portfolio of Low-Cost, Environmentally Friendly Projects and Strong Balance Sheet

Bi-partisan support seen in U.S.; Democratic party supports nuclear energy for first time in 48 years – nuclear power included in Biden’s Clean Energy StandardNuclear energy is projected to increase worldwide to combat climate changeUEC utilizes in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad, Reno CreekUEC controls of one of largest historical uranium exploration, development databases in United StatesLargest…

Thursday Apr 15, 2021 - 11:56 am

Asia Broadband Inc. (AABB) Poised for Higher Gold Token Sales Following Over $1 Million Recorded in First Two Weeks

Asia Broadband Inc. announced it had recorded over $1 million in AABB Gold Token sales, despite not undertaking an international marketing campaignThe announcement follows a series of methodical steps that saw the company launch the AABB Wallet and Gold token in collaboration with developer CSHCThe initial token release meets the criteria for a successful cryptocurrency launch per an IEEE study, indicating that AABB is on…

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