Mining Archives - Page 2 of 6 - InvestorWire (IW)

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…

Monday May 22, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Targets Beijing Influence Over Global Rare Earth Industry; Doubles Down on its North American Investment

China currently commands approximately 90% of rare earth metals, alloys, and permanent magnets, along with 85% of the world’s rare earth oxides This dominance has seen Beijing demonstrate a willingness to leverage it in pursuit of political objectives Countries have resorted to looking elsewhere for the supply of rare earths, and Ucore is building to satisfy that demand in North America Its recent announcement of…

Monday May 15, 2023 - 10:30 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Maintaining 2022 Momentum into 2023

“2022 has been a year of accomplishments,” reported Battery Mineral CEO in year-end summary Company anticipates “placing ourselves in a strong position to participate in a robust copper sector in 2023” So far this year BMR has announced key community and social initiatives at its Punitaqui Project and completed a policy, strategy and implementation guide Following a “transformational” year in 2022, Battery Mineral Resources (TSX.V:…

Monday May 15, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Bolster North American REE Dominance Amid China’s Move to Ban Rare Earth Metal Exports

Nikkei Asia has reported plans for China to amend its 2020 technology export restriction list with propositions to either ban or restrict exports of technology to process and refine rare earth elements These developments have encouraged both Washington and Tokyo to develop rare earth supply chains with little to no dependence on China Ucore has long been focused on growing North America’s REE self-reliance in…

Tuesday May 09, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO: Superior REE Separation Tech Being Demo’d Will Give North America Advantage in Production

Canada-headquartered critical metals company Ucore Rare Metals Inc. is in the process of demonstrating its flagship rare earth element (“REE”) separation technology and is preparing to begin construction on its first commercial-scale processing facility later this year Ucore’s proprietary RapidSX(TM) solvent extraction process will provide a unique advantage to the standard SX extraction process used for REEs throughout the world, using the same elements as…

Friday May 05, 2023 - 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Seeks to Supply the North American EV Battery Supply Chain

The U.S. Inflation Reduction Act is set to drive a boom in the U.S. electric vehicle industry Under the scheme, vehicles which source at least 40% of their components from North America or U.S. trade partners can be eligible for tax credits of up to $7,500 Most of the world’s graphite current comes from North-Eastern China with only one functioning natural graphite mine within North…

Tuesday May 02, 2023 - 9:00 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Aims to Meet Surging Graphite Demand Amid Global Electrification Push

Global governments pushing for the electrification of homes, businesses, and transportation networks Graphite conducts electricity efficiently, used in battery electrodes, motors, generators, and as lubricant in the manufacture of switches and circuit breakers RFLXF owns the option to acquire 100% interest in the Ruby Graphite project in Montana, USA RFLXF’s project portfolio includes the ZigZag Lithium Property in Ontario and the Ruby Graphite Project in…

Monday May 01, 2023 - 10:30 am

Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Bill Pearson Provides Market with Corporate Update

“We have the potential for two world-class deposits." Eloro Resources Executive VP of Exploration, Bill Pearson was recently featured on a corporate update carried out by Focus Communication Pearson updated investors on the company’s ongoing exploratory drill work within their flagship Iska Iska project as well as their adjoining Casiterita property With over 85,000 metres of drilling carried out in Iska Iska between September 2020…

Wednesday Apr 26, 2023 - 9:45 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Aims to Revive U.S. Graphite Production as the Country Seeks to Boost Domestic Supply of Critical Minerals

Lithium-ion batteries power modern technologies, but another critical element is required to build them – graphite, the battery’s single largest component, the production of which is mainly controlled by China Currently, no significant production of lithium-ion battery anode material exists in North America; resuming domestic graphite production emerges as critical in reducing reliance on foreign supply and increasing energy self-sufficiency amid growing international geopolitical tensions…

Thursday Apr 20, 2023 - 9:45 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Committed to Strengthening, Benefitting Local Communities

BMR completes “mutually beneficial agreements” with two Chilean communities Company committed to develop productive, ethical and transparent relationships with surrounding neighborhoods BMR also finalizes comprehensive policy, strategy and implementation guide In its ongoing commitment to ESG as well as supporting and partnering with the communities where it operates, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) has been announcing key community and social initiatives at its…

Wednesday Apr 19, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Invest $75 Million to Establish North America’s First Modern Technology REE Separation And Purification Facility in Alexandria, Louisiana

Ucore recently announced it is investing $75 million over the next four years to set up the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility The facility will cover a footprint of 80,800 square feet and will be located within the England Airpark Community complex in Alexandria, Louisiana Ucore expects to produce 7,500 tons per annum of total rare earth oxide (“TREO”)…

Tuesday Apr 18, 2023 - 9:45 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Working to Be ‘Premier, Responsible’ Supplier in Burgeoning EV Battery Sector

EV sales in worldwide and nationwide forecast for “strong acceleration” U.S. EV market projected to reach more than $61B this year with an annual growth rate of 22.79% through 2027 Battery Mineral’s mission is the discovery, acquisition and development of battery metals In what a U.S. Bureau of Labor Statistics (“BLS”) article is calling “one of the fastest-growing manufacturing industries in the economy” (https://ibn.fm/Pfv6a), the…

Monday Apr 17, 2023 - 10:30 am

Cartier Silver Corp. (CSE: CFE) Follows in Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) Footsteps Within Bolivia’s Potosi Region

Cartier Iron opted to change its name to Cartier Silver in October 2022, part of a wider pivot within its business plan The revamped company, which is both a sister company and minority shareholder in Eloro Resources (TSX: ELO), recently optioned 100% of the zinc-silver Los Chorrillos Project, within Bolivia’s Cerro Rico region The company, which boasts the same, experienced management team as Eloro Resources’,…

Monday Apr 17, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Scale its Maximum Production Rate to 7,500 TPA Following the Selection of LSMC REE Separation and Oxide Production Facility

Ucore just announced the selection of an 80,800 square-foot brownfield facility located in England Airpark in Alexandria, Louisiana, that will serve as the company’s LSMC REE separation and oxide production facility The company is confident that the establishment will expand its maximum production rate from the current 5,000 TPA to 7,500 TPA in TREO throughout by 2027 The facility is expected to create 298 indirect…

Tuesday Apr 11, 2023 - 9:00 am

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Is ‘One to Watch’

Reflex Advanced Materials has begun the qualification process and boasts established relationships with more than 25 key North American customers, putting it years ahead of the competition in the lengthy graphite sales cycle. The company has a planned summer 2023 drill program at the Ruby Graphite project in Montana. Reflex Advanced Materials has entered a metallurgical partnership with AETC to create a technical data sheet…

Thursday Apr 06, 2023 - 9:45 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Promising Update on Iska Iska Project at Metals Investor Forum

Eloro Resources released updates on Iska Iska project at Metals Investor Forum held in Toronto on March 3-4, 2023 Iska Iska is a major silver-tin polymetallic porphyry-epithermal complex located in southern Bolivia Drilling revealed significant breccia pipe containing extensive silver polymetallic mineralization and a high-grade gold-bismuth zone in the underground workings Eloro recently acquired Mina Casiterita and Mina Hoyada properties, geological mapping, sampling, and geophysical…

Thursday Apr 06, 2023 - 9:00 am

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Advancing Los Azules Project amid Copper Supply Bottlenecks and Growing Demand

McEwen Mining is an asset-rich diversified gold and silver producer in the Americas with significant exposure to copper through its 51.9%-owned McEwen Copper McEwen Copper holds 100% interest in the Los Azules Project in Argentina, which has been shown to have many attributes comparable to world-class copper-gold deposits in South America The subsidiary is advancing the Los Azules Project and has been undertaking infill and…

Monday Apr 03, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Strengthens its Fundamental Corporate Tenet with Key Executive and Management Team Appointments

Ucore announced new additions to its executive and management teams in what the Chairman and CEO, Pat Ryan, believes strengthens and advances the company’s fundamental corporate tenet Geoff Atkins was appointed as Ucore’s Vice President of Business Development, while Jaan Hurditch was appointed as Engineering Director, leading the company’s engineering activities Ucore also bolstered its Advisory Board with the appointment of Dr. Ahmad Hussein, who…

Monday Apr 03, 2023 - 9:45 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Launches Phase 3 Drill Program at High-Grade VMS Copper-Gold-Zinc-Silver Project

Arizona Metals is focused on its high-grade copper-gold Kay Mine Project in Arizona The company has budgeted $32 million for a Phase 3 exploration program at Kay Mine Project and had an aggregate of $58 million in cash at the end of Q3 2022 The company has recently commenced its latest drill program as it seeks to better understand the mineralization at the 97% of…

Friday Mar 31, 2023 - 2:15 pm

Opportunities Amid Global Energy Supply Transition on Display at London’s Mines and Money Connect Convention

Drawing on more than 20 years of experience in connecting investors, mining companies, tech providers, government officials, policymakers, innovators and consultants, this year’s Mines and Money Connect convention will bring a world of mining interests together for two days of activities in London, the heart of economic capital. The metals and minerals mining marketplace is weathering pressures that reach beyond the geologic forces shaping the…

Thursday Mar 30, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Talks About RapidSX(TM), Commercial Plant Timeline in Interview with Goldinvest’s Managing Director at PDAC 2023

Strained Sino-U.S. relations make it more important than ever for North America to explore options for procuring rare earth element (“REE”) and rare earth oxide (“REO”) resources Ucore has positioned itself to fulfill North America's unmet REE, and REO needs through its RapidSX(TM) demonstration plant and future commercial production plants Ucore’s first commercial production plant is already being engineered to ramp up for customers, located…

Thursday Mar 30, 2023 - 9:45 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Poised for Growth as U.S.-Based Mining Becomes Pivotal for Secure Supply of Critical Minerals

The push for developing a secure domestic supply of critical minerals is growing as U.S. dependence on mineral imports and foreign processing is reaching alarming levels Critical minerals are essential for advanced technologies that are the basis for the country's high-tech digital economy and advanced military Arizona Metals boasts a high-grade, historic resource in Arizona – one of the world's most attractive mining jurisdictions A…

Tuesday Mar 28, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Completes Successful First Stage of Proprietary REE Process at Canadian Demo Plant

Ucore Rare Metals Inc. is a Canada-headquartered company passionate about strengthening North America’s rare earth element (“REE”) supply chain to reduce reliance on potentially adversarial foreign nations Rare earths play small but critical roles in high-tech products, such as in making up permanent magnets that are resistant to heat from high capacity electronic products Only one mine in California provides a domestic supply of REEs…

Thursday Mar 23, 2023 - 9:45 am

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) 52%-Owned McEwen Copper Releases ‘Exciting Results’ from Los Azules Copper Project Revealing Continuity of Mineralization

McEwen Mining, a diversified gold and silver producer with operations in the Americas, owns 52% of McEwen Copper and its Los Azules Project in San Juan, Argentina McEwen Copper has reported initial exploration and solid delineation results that have similarities to world class porphyry copper deposits in Chile and Peru Exploration results (AZ22174) include 1,052 m of continuous copper mineralization to the end of the…

Thursday Mar 23, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) – Leveraging Strategic Partnerships and Advanced Processing Technology to Disrupt China’s Dominance in Critical REE Space

Ucore is a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US The company is focusing on a section of the REE supply chain where China has taken control of rare earth oxide production: the midstream Ucore is focused on finding US-allied friendly feedstocks upstream, processing them, and then feeding them to customers downstream that want…

Wednesday Mar 22, 2023 - 9:45 am

121 Mining Investment is in Las Vegas To Offer Two Days of Investment Meetings and Exceptional Market Analysis

121 Mining Investment Las Vegas (28-29 March) offers junior resource companies and investors from the mining spectrum a unique platform to connect and network for future growth and key business prospects. The CEOs from 55 vetted natural resource companies are heading to bustling Las Vegas to present project updates and meet over 150 investors for two days of 1-2-1 meetings. These meetings will run alongside…

Monday Mar 20, 2023 - 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Ramping Up Proprietary REE Processing Solution, Plans for Mine Prospect as China Tech War Grows Hotter

Rare earth element (“REE”) processing solutions developer Ucore Rare Metals Inc. is preparing to demonstrate the prowess of its proprietary RapidSX (TM) technological advantage as an improvement over standard REE ore separation processes REE production has become a matter of strategic importance to American industries and tech-based military applications, as China has built global control of vital REE markets and demonstrated a willingness to stop…

Wednesday Mar 15, 2023 - 9:45 am

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Sees Stock Upgraded to the Toronto Stock Exchange Main Board

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 The upgrade marks the latest feat for Eloro Resources, with the company having successfully completed a C$10.9mn capital raising in January Eloro Resources…

Wednesday Mar 15, 2023 - 9:00 am

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Is ‘One to Watch’

Battery Mineral Resources is focused on the discovery, acquisition and development of battery metal projects in North America, South America and South Korea The company’s flagship Punitaqui mine has the potential to generate an annual EBITDA of up to $50 million at or above a copper price of $4.25/lb. with production targeted for H2 of this year BMR is working to secure final funding for…

Monday Mar 13, 2023 - 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) subsidiary McEwen Copper adds $30 Million Boost from Nuton LLC to recent Stellantis investment of $155 Million, Plans for subsidiary IPO

McEwen Mining subsidiary McEwen Copper has been gaining increased financial support as it develops a major copper mine opportunity in Argentina described as one of the 10 largest undeveloped deposits in the world Mining giant Rio Tinto’s venture Nuton LLC has boosted last year’s $25 million investment into McEwen Copper with a new $30 million addition, all on top of the recent Stellantis investment of…

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