Mining Archives - InvestorWire (IW)

Tuesday Sep 26, 2023 - 9:45 am

Amid REE Market Supply Interruptions, Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Presses Forward With Commercial Processing Plant Plans

Ucore Rare Metals Inc. is moving forward with a rare earth element (“REE”) processing facility in Louisiana that will help to establish an American base for the REE supply chain The REE supply chain is currently almost exclusively controlled by the People’s Republic of China thanks to China’s responsibility for 36.7 percent of the world’s REE reserves, 63 percent of REE mining capacity and more…

Monday Sep 25, 2023 - 11:15 am

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) Commences Diamond Drilling with Third Drill Hole at PCH Project in Brazil

The global rare earth elements market is expected to grow from 167.99 million tons in 2023, and to 206.25 million tons by 2028 – growing at a CAGR of 4.19% Since starting the project, Appia has commenced diamond drilling in addition to its current reverse circulation and auger drilling campaigns Specimens from the drilling efforts will be submitted to SGS Geosol laboratory, with assays expected…

Friday Sep 22, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Building Domestic REE Supply Chain Alternatives for China-dependent Market

Ucore Rare Metals Inc. is focused on establishing its proprietary solvent-based solution as a commercially advantageous and important alternative to standard rare earth (“REE”) processing U.S. Trade Representative Katherine Tai recently noted in a media interview that the REE supply chain is dependent on China for production and, to a greater degree, processing once ore has been removed from the ground Ucore’s development of its…

Wednesday Sep 20, 2023 - 10:30 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Exploration at Deer Horn Provides Key Data for September Drill Program

CEO notes that prospecting, mapping and sampling have provided an extensive base of information to support drilling and IP survey Last month’s property-wide mapping and sampling program confirmed a structural connection between two key sections of the property This month’s drilling program will test the extent of the mineralization and study how the systems at Deer Horn and Pond are related First Tellurium (CSE: FTEL)…

Friday Sep 15, 2023 - 9:45 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announce New Mining Updates; Confirm Timeline for NI-43101 Compliant MRE Report Publication

Eloro Resources recently provided an update on the company’s ongoing exploratory drill work Recent findings revealed a number of holes with well-mineralized intersections, suggesting both – robust mineralization trends as well as an ever-widening prospective target area Global tin demand is set to grow by nearly a third over the next 8 years, however, the supply growth picture is looking increasingly tenuous Eloro Resources looks…

Thursday Sep 07, 2023 - 11:00 am

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) Is ‘One to Watch’

A field project review in June 2023 confirmed widespread mineralization at Appia’s Ionic Clay Project in Brazil The company’s highly experienced management team has more than 100 years of combined experience in the metals and minerals industry Appia’s Alces Lake project contains some of the highest-grade total critical REE mineralization in the world As of June 2023, the company had no debt Appia Rare Earths…

Thursday Sep 07, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Demonstrates Power of REE Processing During US Embassy Staff Visit to Kingston Plant

Ucore Rare Metals Inc. is a supply chain innovator dedicated to establishing North American production of tech-critical rare earth elements (“REEs”), a resource currently dependent upon Chinese industry priorities and governmental policies Ucore recently hosted representatives from the U.S. Embassy in Canada for an exclusive tour of the company’s proprietary RapidSX(TM) REE processing demonstration facility in Ontario The tour underscores the importance of international collaboration…

Wednesday Sep 06, 2023 - 9:00 am

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Poised to Grow in Country with Exceptional Economic Forecast

Guyana president reports country has experienced a threefold increase in its economy since 2020 Projections forecast continued average annual growth rate for the country of 25% between 2023 and 2026 Within this environment, Reunion Gold is moving its Oko West project forward on the path to development, which could further contribute to the country’s growth As Guyana reports continued economic growth and recovery, Reunion Gold…

Tuesday Sep 05, 2023 - 10:30 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) CEO Discusses Metal-Rich Properties, Potential in Recent Podcast

Tellurium is listed by the United States and Canadian governments as a critical metal “We have an interesting critical metal that is going to be much of demand in the future as well as high-grade precious metals,” states FSTTF CEO The company’s two properties — Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado — anchor a diversified search for metals Tellurium is…

Tuesday Sep 05, 2023 - 9:00 am

As REE Miners Face Impediments to Refining Independence, Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Develops Supply Chain Technology Based in North America

Ucore Rare Metals Inc. is demonstrating the rare earth feedstock refining capabilities of its proprietary RapidSX(TM) processing technology at an Ontario facility while preparing to build a commercial plant in Louisiana, developing a North America-based supply chain for critical tech metals Rare earth element (“REE”) processing is currently almost exclusively controlled worldwide by the People’s Republic of China, and governments as well as industry players…

Wednesday Aug 30, 2023 - 9:00 am

GEMXX Corp.’s (GEMZ) Strategic Investments Pay Off, as Company Positions itself as a World Class Producer and Distributor of Gemstones and Jewelry

GEMXX recently announced that new investments had strengthened its financial position and would allow it to attract further investment over the next 12 months The announcement followed the acquisition of a 50% ownership stake in Crazy Horse Mining Inc., whose assets include a 100% interest in the Snow Creek and Rosella Creek gold projects in British Columbia Initial production results on the Snow Creek site…

Monday Aug 28, 2023 - 9:45 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Publishes Updated Corporate Presentation; Remains Focused on Upcoming Release of Initial Mineral Resource Estimate

Eloro Resources recently published a new corporate update detailing ongoing developments within the company Eloro is continuing to work on the upcoming publication of its inaugural NI 43-101 compliant mineral resource estimate report, which will provide the market with more granular information related to the commercial viability of the Iska Iska project The company has recently carried out a variety of further studies within the…

Monday Aug 28, 2023 - 9:00 am

Jewelry Maker GEMXX Corp. (GEMZ) Ramps Up Production at Canadian Gold Site

GEMXX Corporation is a unique vertically integrated jewelry producer, focused on managing costs in-house by mining its own gold and gemstones via its Canadian mine resources for its many jewelry products GEMXX has been engaged this year in bringing one of its British Columbia gold ore sites up to full production The company recently announced the encouraging results of gold ore processed from surface materials…

Monday Aug 21, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Among Companies Leading Charge to Abate Reliance on Chinese Tech Metals Amid Ongoing Trade War

The United States and other Western nations have been embroiled in trade tensions with China since 2018 as a consequence of China’s efforts to control its industries’ exports of metals critical to modern digital and green technologies China imposed new licensing controls on the exports of the metals gallium and germanium that it processes, prompting fresh concerns about China’s ability to choke resources to the…

Thursday Aug 17, 2023 - 9:00 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Is ‘One to Watch’

Prospera’s holdings include significant remaining reserves totaling an estimated half a billion barrels of oil across more than 42,000 acres in Saskatchewan and Alberta Following a top-down reorganization in 2021, the company is poised to rapidly expand its production in the coming months while implementing key ESG initiatives to reduce the environmental footprint of its operations Prospera is exploring a potential acquisition opportunity that could…

Tuesday Aug 15, 2023 - 9:45 am

GEMXX Corp. (GEMZ) Expanding Brand Awareness As It Strengthens Mine Project Financing

GEMXX Corporation, a U.S. corporation with mines in Canada, is a mine-to-jewelry production innovator, drawing on its mining assets for the gold and gems it uses in colorful jewelry GEMXX recently engaged the marketing and brand expertise of Hybrid Financial Ltd. as the company seeks to expand awareness of its novel operations in gold and rare gem Ammolite GEMXX similarly is working with InvestorBrandNetwork (“IBN”)…

Tuesday Aug 15, 2023 - 9:00 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) May Become Vital Cog in Tin’s Tenuous Supply Chain

Tin has become an increasingly important commodity within the renewable energy supply chain Nonetheless, supply of the commodity is heavily concentrated, with over 60% of global supply accounted for by only three nations The metal’s tenuous supply picture was most recently on display in early August when militia officials in Myanmar – the third largest global tin producer – unilaterally shut down many of the…

Monday Aug 14, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Moving to Become the Leading Metal Separation Products and Services Provider, One Investment at a Time

Ucore recently announced the closing of the first tranche of its previously announced private placement offering of units of the company On June 6, the company announced that the U.S. DOD had awarded it a $4 million project grant Together, these moves bolster Ucore’s working capital and continue to stamp its position as a leader in its space Through its investments, Ucore is inching closer…

Monday Aug 14, 2023 - 9:45 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Unique Strategy Ideally Suited for Growing Tellurium Sector

Recent report projects estimated growth of tellurium market at CAGR of 3.41% between 2022 and 2027 Growth is tied to increased demand from the consumer electronics industry Company’s unique approach offers significant advantages over larger mines With recent market projections showing steady growth in the tellurium market (https://ibn.fm/11Lg4), First Tellurium’s (CSE: FTEL) (OTCQB: FSTTF) small-mine, phased-approach strategy is sure to strengthen the company’s position in the…

Friday Aug 11, 2023 - 9:00 am

Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Leading Out in Sustainably Producing Nickel for Growing Steel Space

A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029 Nickel is one of several components that form a powerful stainless steel alloy Canada Nickel is focused on sustainably producing the critical minerals needed for a low-carbon future As the stainless steel market rebounds from COVID-19 slowdowns, Canada Nickel…

Wednesday Aug 09, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Addresses Critical Minerals Institute Summit II

Ucore is engaged in the exploration for and separation and scalable production of REEs in Canada and the US Ucore Chairman and CEO Pat Ryan recently presented at the Critical Minerals Institute Summit II, where he discussed the risk mitigation strategies Western countries could execute to disrupt China’s dominance in the REE space On its part, and having identified has identified the need and demand…

Wednesday Aug 09, 2023 - 9:00 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Announces Strategic Steps in Fulfilling Mission to Supply Metals to NA Markets

“Milestone” uplisting gives company greater access, exposure to the crucial U.S. investment market The uplisting has drawn increased focus, credibility to company’s two flagship projects Partnership with IBN designed to strengthen First Tellurium’s presence in growing essential metals market First Tellurium (CSE: FTEL) (OTCQB: FSTTF) is taking key steps that reflect its growth and commitment to explore for — and provide — green and critical metals. Most…

Tuesday Aug 08, 2023 - 9:45 am

GEMXX Corp. (GEMZ) Announces Significant Progress Regarding Financing for Gold and Ammolite Mining Operations

The company offers an approach that gives them a cost-saving edge over other producers in the market Preliminary discussions have been made to shortlist engineering firms capable of conducting the necessary SK-1300 technical reports for the company’s newest gold and Ammolite assets – with anticipated completion by the end of FY-2023 GEMXX is participating in Regulation A financing, and interested investors, shareholders, institutions, and financiers,…

Tuesday Aug 01, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances DOD Project to Demonstrate Virtues of Novel Tech in Sustaining North American REE Production

Canada-based Ucore Rare Metals Inc. has developed a novel RapidSX(TM) technology for processing rare earth elements (“REEs”) considered critical to modern computer technologies and is preparing to scale up to commercial operation Because REEs not only have significant importance to the retail sector, but also to the function of many technologies that further government policies and military capabilities, the U.S. Department of Defense has taken…

Thursday Jul 27, 2023 - 9:00 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Poised to Benefit as Silver Stocks Slip into Deep Deficit

Global ambitions to achieve net zero status will necessitate a near tripling in annual clean energy investment Silver has emerged as a critical component of clean energy infrastructure due to its exceptional electric and thermal conductivity Nevertheless, a decrease in global silver production coupled with rising demand has left the precious metal in deficit – with the market undersupplied by nearly 238mn tonnes in 2022…

Monday Jul 24, 2023 - 10:09 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Additional Copper Values at Los Azules Project; Eyes Further Value for Company

McEwen just reported new copper assays at its Los Azules project in San Juan, Argentina, the 9th largest undeveloped copper deposit in the world These results lead the company closer to realizing the full extent and economic potential of the deposit The latest drilling program, which began in October 2022 and concluded on June 19, 2023, has attracted new investment capital at rates implying a…

Thursday Jul 13, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Technology Offers Best Solution for Current and Possible Future Chinese Export Restrictions

China has demonstrated their intension to weaponize access to critical metals, with restrictions on germanium and gallium scheduled for August, and rare earth metals used in permanent magnets could be next China accounts for 90% of the gallium and 80% of the germanium supply exports used in the United States and other European countries Gallium and germanium are two materials important for the production of…

Monday Jul 10, 2023 - 11:15 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Is ‘One to Watch’

First Tellurium in June 2023 successfully uplisted from the OTC Pink Market to the OTCQB Venture Market First Tellurium has contracted for IP geophysics on its Deer Horn Project during summer 2023 to develop targets for a drilling program The company has engaged consultants to stake additional claims around its Klondike gold-tellurium project in Colorado Key applications for tellurium include high efficiency cadmium telluride solar…

Friday Jul 07, 2023 - 9:45 am

Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Is ‘One to Watch’

Reunion Gold is a leading gold explorer in South America’s Guiana Shield, a highly prospective and relatively underexplored region. The company’s Oko West Project in Guyana comprises a prospecting license with an area of approximately 44 square kilometers and is 100% held by Reunion through its local subsidiary. Guyana is recognized as a mining-friendly jurisdiction and in 2022 its ranking by the Fraser Institute ranking…

Monday Jul 03, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Control North America’s REE Supply Chain Amid Call For Economically and Environmentally Sound Approach

Ford Motor Co. recently announced a $9.2 billion government loan for constructing three battery factories in the U.S. This is seen as a move that seeks to stir the growth of domestic EV battery manufacturing in the country in response to the growing demand for green technologies Ucore recognizes this demand, and through its transformative commercial-ready technology, RapidSX(TM), it looks to satisfy it and take…

Thursday Jun 29, 2023 - 9:45 am

Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Tom Larsen and Bill Pearson Elaborate on Iska Iska Project Potential, Express Belief on Imminent Re-Rating in Company’s Share Price

Eloro Resources CEO, Tom Larsen and Executive Vice President, Bill Pearson recently met with Global Business Reports to discuss the company’s ongoing work at the Iska Iska mine Since beginning exploratory work in September 2020, the company have carried out over 85,000 m and 122 holds of exploratory drilling within the site, uncovering potential resources boasting extremely high grades of precious metal content With the…

Tuesday Jun 27, 2023 - 9:00 am

Brokered Offering to Help Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finance Projects Key to North American REE Supply Chain

Rare earth elements (“REEs”) are metals in high demand for modern technologies ranging from phones to F-35 jets China currently maintains a commanding global control over the world’s REE supply chain, from mining to production, and has generated international controversy by introducing price increases and export restrictions The European Union imports 98 percent of its REE supply and the United States imports 78 percent of…

Monday Jun 26, 2023 - 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Prepares to Meet the Fuel Cell Industry’s Rising Demand for Graphite

Adoption of fuel cell technology hinges on the availability of high-purity graphite for specific fuel cell components The Ruby Graphite project is the only known combined graphite flake and vein graphite source in the U.S., recent samples assay at 95.8% to 98.4% total carbon RFLXF acquired the Ruby Graphite project in 2022, holds mining rights for 755 hectares with 96 federal lode mining claims Other…

Wednesday Jun 21, 2023 - 10:30 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Lays out Transformational ESG Program Guidelines

Eloro Resources has recently published its ESG program, the next step on its journey toward creating sustainable long-term value for its shareholders The policy lays out the company’s objectives within the fields of corporate governance, corporate social responsibility and environmental production Eloro Resources has increasingly looked to align its operations with the requirements of its growing stakeholder base The company is set to publish its…

Friday Jun 16, 2023 - 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Set to Capitalize on the Concentrated Natural Graphite Supply Chain

The graphite supply chain is geographically concentrated with nearly 65% of output currently produced in China The U.S. pursued to promote further investment and geographical diversification within the sector, with credits granted to electric vehicles produced with critical minerals that are not supplied by ‘foreign entities of concern’ Reflex Advanced Materials are working towards demonstrating the positive economics of the past producing, Ruby Graphite mine…

Tuesday Jun 13, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finalizes Department of Defense $4 Million Agreement for Demonstrating Critical REE Solution

Canada-based Ucore Rare Metals Inc. is devoted to establishing a North American-based supply chain for rare earth elements to reduce the Western hemisphere’s dependence on China’s market-dominant industries for modern technologies The company has developed a trademarked process for separating rare earths from their surrounding ores Ucore is preparing to begin construction of a commercially scalable facility in Louisiana for using its solution The U.S.…

Tuesday Jun 06, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) To Play Key Role in North American Push to Control its Rare Earth Critical Metals Destiny

Canada-based Ucore Rare Metals Inc. is preparing to begin construction on a rare earth element (“REE”) processing plant in Louisiana that it says will be the first REE separation facility to operate at commercial scale in North America Currently, China dominates both REE feedstock supply and REE processing capacity on a global basis, generating concerns that it can control the world’s ability to build modern…

Monday Jun 05, 2023 - 10:30 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Advances Graphite Project with New Technical and Marketing Partnership

Global electrification depends on the availability of graphite to power lithium-ion batteries used in EVs and portable electronic devices The Ruby Graphite Deposit is the only combined graphite flake and vein graphite source in the U.S., Reflex secured the option to acquire a 100% stake in the project in 2022 Reflex engaged Lone Star Tech Minerals to advance Ruby Graphite project, deliverables include a production…

Thursday May 25, 2023 - 9:45 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Rings Toronto Stock Exchange’s Opening Bell; Celebrates Upgraded Stock Listing

Eloro Resources saw its corporate listing upgraded to trade on the TSX exchange as of March 6, 2023 The uplisting to the TSX main board provides the company with access to greater stock liquidity and increases its visibility amongst larger institutional investors Eloro Resources recently announced the successful completion of its C$10.9mn primary share capital raise in January 2023 Eloro Resources (TSX: ELO) (OTCQX: ELRRF)…

Tuesday May 23, 2023 - 11:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Reviving Past Producing Montana Graphite Mine as a ’Made in America’ Mine-to-Market Operation in U.S.

The U.S. is under mandates to slash emissions and reduce dependence on Chinese graphite production for EVs, earmarking billions of dollars to develop domestic infrastructure About 70 graphite mines are in production worldwide today, none in the U.S., with estimates for nearly 100 more mines to come online just to meet graphite demand for battery anodes Reflex Advanced Materials is advancing the 2,000-acre Ruby Graphite…

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