Mining Archives - Page 3 of 6 - InvestorWire (IW)

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…

Wednesday Mar 08, 2023 - 9:45 am

121 Mining Investment Event in Las Vegas To Foster Industry Connections

Investors and mining companies are invited to attend the 121 Mining Investment event in Las Vegas on March 28-29, 2023. The event is designed to connect the investors and mining companies over pre-scheduled 1-on-1 meetings and help them build networking ties and strong business connections. After successfully launching the concept in Las Vegas last year, 121 Mining Investment are returning to host over 200 investors…

Tuesday Mar 07, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Develops North American Rare Earth Element Technology Amidst Tensions with China

Rising tension between the US and China requires the country to create new avenues of sourcing and processing REE for use in high-demand industries – increasingly pointing to a North American supply chain for REE facilitated by Ucore Ucore’s Unmatched RapidSX(TM) technology combines conventional solvent extraction (“SX”) with a new column-based platform to significantly reduce time-to-completion as well as plant footprint, along with operating costs…

Monday Mar 06, 2023 - 9:00 am

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Commitment to Electrifying Transport Receives Boost Following Subsidiary’s Closure of ARS $30 Billion Investment by Automotive Multinational Stellantis

McEwen Mining is an asset-rich diversified gold and silver producer in North and South America and has a large exposure to copper through its subsidiary, McEwen Copper McEwen Copper recently closed an investment by FCA Argentina S.A., a subsidiary of multinational automotive juggernaut Stellantis Valued at about USD 152.149 million, at the current official exchange rate of 0.0051 ARS/USD, the investment will help McEwen Copper…

Monday Feb 27, 2023 - 11:15 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Lays Groundwork to Capitalize on Opportunities in the Copper Industry Through Subsidiary McEwen Copper

Copper is well known for its growing demand in many industries, including renewable energy sources required for net-zero carbon emission goals implemented by over 70 countries The copper market is now expected to reach $446.7 billion by 2030, growing from $291.1 billion in 2021 McEwen Mining is a 68% shareholder in McEwen Copper’s Los Azules project, giving it 100% interest in what could soon become…

Friday Feb 17, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Creates Critical Opportunities for North American Rare Earth Element Sustainability

China currently dominates the high-value market for rare earth elements (“REE”), but growing political tensions increasingly threaten this key supply chain, limiting the potential distribution of REE for crucial high-tech applications, such as military assets, electric vehicles, wind power generation, as well as mobile phones, and many others Ucore’s mission includes an ESG-centered model using RapidSX technology for the refining of REE from U.S. Allied…

Friday Feb 17, 2023 - 9:45 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Subsidiary McEwen Copper Expects New Preliminary Economic Assessment for Los Azules Copper Project During Q1 2023

Copper demand is rising worldwide, attributed to the renewable energy market and, recently, the re-emergence of China after its lift of pandemic restrictions McEwen Copper's Los Azules project is positioned to help offset some deficit that is currently being experienced due to losses recorded by Peru and Chile mines coupled with high demand The 2017 Preliminary Economic Assessment (“PEA”) estimated a 36-year mine life for…

Tuesday Feb 14, 2023 - 9:00 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Initiates Exploration Outside Kay Mine Amid Copper Supply Shortages

Insufficient critical mineral supplies could drive prices higher amid copper shortages according to recent Forbes report AZMCF’s Kay Mine Deposit has a historic resource estimate of “proven and probable reserves” of copper, gold, zinc, and silver according to a 1982 report by Exxon Minerals (1) During 2022, AZMCF received drill permits for Kay Mine Central and Western targets, completed approximately 33,000 meters of core drilling,…

Wednesday Feb 08, 2023 - 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Commissions Demonstration Plant; Plans for Louisiana Strategic Metals Complex

Ucore’s RapidSX(TM) Demonstration Plant will be located within the company’s 5000 square foot Commercialization and Demonstration Facility in Kingston, Ontario A Strategic Metals Complex is being planned in Louisiana with an initial capacity of 2,000 tonnes per annum and increasing to production of 5,000 tonnes Cerium, neodymium, lanthanum, praseodymium, yttrium, and dysprosium are expected to remain the most sought-after REEs, with high demands in magnet…

Tuesday Feb 07, 2023 - 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Key Advantages of McEwen Copper’s Los Azules Project

McEwen Copper’s Los Azules Project is a large porphyry copper-gold-silver deposit with considerable growth potential, with ultimate depth and lateral extents that remain to be determined McEwen Copper, subsidiary of McEwen Mining, is expected to be game-changing, possibly becoming the world’s next copper unicorn The copper mining market was valued at $75 billion in 2021 and is expected to reach $80 billion by 2029 McEwen…

Monday Feb 06, 2023 - 12:00 pm

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Successful Capital Raising; Net Proceeds Will Be Destined Towards Ongoing Bolivian Mining Operations

Eloro Resources announced the successful completion of its primary share issuance in late January, 2023 The placement, which comprised of over 3.4 million primary shares issued at a price of c$3.15, raised gross proceeds of approximately C$10.9mn The proceeds will be destined to Eloro’s ongoing Bolivian mining operations as well as general corporate purposes Eloro Resources is set to disclose its initial resource estimates for…

Friday Feb 03, 2023 - 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) – Los Azules Project Could Be World’s Next Copper Unicorn

Both gold and copper have seen significant increases in market value in recent months, and copper is forecast to be one of the best-performing of all commodities in 2023, based upon increased demand and projected shortages McEwen Mining is a majority shareholder of McEwen Copper, which owns the Los Azules copper deposit in Argentina, one of the largest undeveloped copper projects in the world McEwen…

Wednesday Feb 01, 2023 - 9:00 am

Flush With Cash, Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Intersects New Gold/Copper Zone

Arizona Metals owns two highly compelling properties in Arizona, the Kay Mine Project and Sugarloaf Peak The company had $58 million in cash at the end of Q3, enough to complete its ongoing Phase 2 drilling program, as well as a large Phase 3 program to continue building the resource at the Kay Mine Deposit, and explore around it for additional deposits The latest drill…

Tuesday Jan 31, 2023 - 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Is ‘One to Watch’

Ucore currently owns REE mining projects and advanced separation technology Commercial demonstration of the company’s RapidSX(TM) technology is ongoing Ucore plans several modern REE refineries in North America, with the first SMC slated to begin construction in Louisiana in 2023. This planned REE separation and rare earth oxide production plant is scheduled to process 2,000 tons of total rare earth oxides by the end of…

Monday Jan 30, 2023 - 9:00 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Releases Exploration Update, 100%-Owned VMS Deposit Shows Significant Potential

AZMCF expanding the 100%-owned Kay Mine Projects in Arizona, surrounded by sixty historic underground VMS copper, gold, zinc, and silver mines Volcanogenic massive sulfide (“VMS”) deposits are critical global sources of copper, zinc, lead, gold, and silver ores Recent company update reveals progress on Kay Mine Project, including 33,000 meters of core drilling completed in 2022, drill permits received for Central and Western targets, and…

Wednesday Jan 25, 2023 - 9:00 am

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Set to Potentially Benefit as Renowned Gold Bug, Claude Bejet, Says Now is the Time to Invest in Precious Metals

Claude Bejet, a long-time precious metals investor and author of the Swiss Gold Letter, was interviewed on the sidelines of the recent Mines and Money Conference in London During his interview, Bejet commented on his optimism in regards to the precious metals complex as well as the considerable value held by junior mining companies Eloro Resources possesses a 100% option agreement on the Iska Iska…

Monday Jan 23, 2023 - 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Is ‘One to Watch’

McEwen Mining is an asset rich gold and silver producer with large exposure to copper McEwen Mining CEO Rob McEwen maintains a 17.3% ownership stake in McEwen Mining with a cost base of roughly $220 million McEwen Copper’s Los Azules project is one of the world’s largest and most economically robust underdeveloped copper projects A proposed IPO of McEwen Copper, with its implied market cap…

Tuesday Jan 17, 2023 - 9:45 am

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO, Thomas Larsen, Featured in Interview with Commodity TV During the Mines and More Conference

Eloro Resources’ CEO, Thomas Larsen recently attended the Mines and Money London conference as a featured speaker during the event. As part of the forum, Larsen participated in a one-on-one interview with Commodity-TV, during which he elaborated on the prospects of the company’s Bolivian silver – tin polymetallic project, Iska Iska With initial exploratory drilling analysis taking place on the site since September of 2020,…

Tuesday Jan 10, 2023 - 11:15 am

Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Is ‘One to Watch’

Canada Nickel in December 2022 announced positive drilling results from exploration at its Reid and Sothman properties The company in November 2022 announced recovery of valuable by-products from a processing pilot test, including cobalt, palladium, platinum and chromium Canada Nickel announced in November 2022 improvements to its accelerated CO2 capture process Canada Nickel announced in October 2022 it closed a secured loan with Auramet International…

Tuesday Jan 03, 2023 - 10:30 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Taps into Arizona’s Rich Mining History

Mineral-rich Arizona has been attracting settlement and economic expansion since its inauguration in 1912 Arizona hosts 992 valid mineral species, more future discoveries expected Arizona Metals Corp. fully owns two mining projects in Arizona, including The Kay Mine copper-gold Project located in Yavapai County and the Sugarloaf Peak gold project in La Paz County For more than 200 years, mineral-rich Arizona has been a driving…

Tuesday Dec 20, 2022 - 10:30 am

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Nears Completion of Maiden Exploration Works; Executive VP, Bill Pearson Expresses Optimism During Recent BTV Interview

Eloro Resources’ Executive VP of Exploration, Bill Pearson was recently featured on BTV During the interview, Pearson revealed his optimism surrounding the company’s ongoing exploratory works within Bolivia’s Iska Iska project Eloro Resources have now drilled over 70,000 meters cumulatively across 102 holes whilst employing five drills The company is now working towards publishing its maiden mineral resource estimation report alongside its NI 43-101 Two…

Wednesday Dec 07, 2022 - 9:45 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Well Funded to Ramp Up Kay Mine Exploration Program

Arizona Metals commenced Phase 3 expansion drill program at its flagship copper-gold-zinc-silver Kay Mine Project; only 3% of the prospectively mineralized horizon has been drill tested and this Phase of drilling will focus on making new discoveries Surrounded by high-grade historic past-producing VMS mines, Kay Mine also boasts potential for scale; the mine was practically abandoned for 40 years until Arizona Metals acquired it in…

Tuesday Nov 29, 2022 - 12:45 pm

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) Carries Out Exploratory Drilling Work at Iska Iska Project; Receives Mention by Brent Cook as Showing ‘Great Potential’

Bolivia’s Potosi region has long been one of the world’s most prolific silver deposits, with continuous mining operations taking place over the past 500 years Eloro Resources possesses a 99% option agreement on the Iska Iska deposit, a major polymetallic epithermal porphyry complex covering over 900 hectares of land Eloro Resources was recently highlighted by renowned mining analyst, Brent Cook during his appearance on the…

Wednesday Nov 23, 2022 - 10:30 am

BLM Greenlights New Drill Pads at Arizona Metals Corp.’s (TSX: AMC) (OTCQX: AZMCF) Kay Mine Project, Company Readies for 94,000 Meters of Drilling

Arizona is one of the most attractive mining jurisdictions in the world and hands down the biggest producer of copper in the U.S.Arizona Metals’ flagship project, Kay Mine, is surrounded by 60 past producing underground VMS copper-gold-zinc-silver mines72,000 meters have been drilled to date in Phases 1 and 2 at Kay Mine, to prove historic resource estimates and with CDN$60 million in the bank, Arizona…

Tuesday Nov 15, 2022 - 9:45 am

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Is ‘One to Watch’

Arizona Metals owns 100% of two copper and gold exploration projects in mining-friendly ArizonaBoth projects have excellent infrastructure, including roads, available power and water accessOnly 3% of the prospectively mineralized trend that hosts the high-grade Kay Mine Deposit has been drilledThe company had $60 million in cash as of June 30, 2022, to complete Phase 2 and begin Phase 3 drilling at the Kay Mine…

Monday Nov 14, 2022 - 9:00 am

Company Profile: Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM)

Eloro Resources Ltd. Owns a 98% interest in Minera Tupiza with an option to acquire 99% interest in a neighboring highly sought after, royalty-free property in southern BoliviaEloro has an option to acquire a 99% interest in the 9 square km, highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex located 4,000m above sea level Eloro Resources Ltd. (TSX.V: ELO) (OTCQX:…

Tuesday Oct 18, 2022 - 12:00 pm

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Positive Results From Silver-Tin Polymetallic Project in Bolivia

Eloro Resources is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru, and QuebecCompany released positive results from 21 diamond drill holes at Iska Iska Bolivia project revealing silver, tin, zinc, leadNew borehole geophysical data expanding Santa Barbara high-grade feeder zone with potential strike length of at least 2 kilometersEloro has option to acquire 99 percent interest…

Friday Sep 23, 2022 - 9:00 am

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) Is ‘One to Watch’

As of September 7, 2022, the company had a market capitalization of C$235 millionIn the period ending June 30, 2022, Eloro reported C$14.4 million in cash on handThe company’s stock is covered by analysts from Cantor Fitzgerald and Haywood SecuritiesEloro has raised more than C$40 million in multiple financing dealsEloro’s strong management and technical team is working diligently to uncover the immense value of the…

Wednesday Aug 03, 2022 - 11:15 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Strengthening Position with Acquisition of Large Rare Earth Deposit in Brazil

UUUU aggressively seeking to expand rare earth bearing monazite sand feedsBahia Project offers potential to provide Energy Fuels with controlled, low-cost source of monaziteCompany plans extensive exploration work over the next several months to further define, quantify HMS and monazite resource at the Bahia Project As an emerging player in the commercial rare earth business, Energy Fuels (NYSE American: UUUU) (TSX: EFR) has is strengthening…

Monday Aug 01, 2022 - 9:45 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ‘Meets Definition of Domestic Clean-Energy Infrastructure,’ Op-Ed Concludes

Denver Post op-ed piece reports no evidence that tailings cells are leaking or contaminating groundwaterU.S. goal to cut emissions in half calls for greater support, investment in domestic manufacturing of clean-energy technologiesCommunicating correct facts can help others recognize that White Mesa Mill is not a threatening or dangerous neighbor After concerns surfaced about the impact a Utah uranium mill might have on the surrounding water…

Thursday Apr 14, 2022 - 9:00 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Establishing Foothold in Growing REE Market

Recent report forecasts REE space to see 4% CAGR through 2027Demand for magnets projected to increase demand for rare earth elementsEnergy Fuels is the only U.S. company producing an REE product this far down the REE supply chain A recent Mordor Intelligence article is reporting that the global rare earth elements (“REE”) market has reached an estimated 161,354.65 tons this year, with an expected compound…

Tuesday Apr 12, 2022 - 9:00 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Watching Nuclear-Energy Action on Capitol Hill

NEI reports strong bipartisan support for nuclear energy throughout the 117th CongressHallmark pieces of legislation have demonstrated that carbon-free, always-on nuclear power is an indispensable driver of our clean energy futureInstitute notes that more can be done “to ensure gigawatts of electricity remain on the grid and new reactors are deployed” Clean energy has become a top priority worldwide, and the U.S. is no exception.…

Friday Mar 25, 2022 - 9:15 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Anticipates Growth in Value Given the Continued Rise in Inflation

The inflation rate in the United States for the 12 months ending February 2022 was 7.9%, the highest it has been since January 1982In addition to the rise in inflation, the price of gold has risen to levels not previously seenStraightUp Resources Inc. looks to capitalize on this growing price and looks to benefit from it given its investments in properties with a rich history…

Tuesday Mar 22, 2022 - 9:00 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Prepares Summer Gold Exploration Program in Ontario, Amid European War Era Instability

StraightUp Resources is a mining acquisition and exploration company with flagship properties in Ontario, Canada, and an expanding international footprintFollowing on the acquisition of aerial digital magnetic survey data last year for its flagship properties, the company is preparing a summer work program that will include analysis of its data, identification of key geological targets, and geophysical sampling including a drill programThe war Russia launched…

Monday Mar 14, 2022 - 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Position in Ontario’s Red Lake Mining District Following Acquisition of Option to Purchase the Ranger/Otter Project

StraightUp announced having entered into a Purchase Option Agreement for a 100% dividend interest in the Ranger/Otter mining projectThis adds to the company’s growing property portfolio, which currently comprises the RLX North and RLX South Properties in Red Lake, OntarioStraightUp also recently received an early exploration permit for gold exploration in its RLX North propertyThe Ranger/Otter Project addition, coupled with the early exploration permit, positions…

Friday Feb 25, 2022 - 9:30 am

Flora Growth Corp. (NASDAQ: FLGC) Reaches Agreement with Israeli Product Distributor Artos Ltd. for Cannabis Sales

Flora Growth is a cannabis cultivator and distributor with a large cultivation site in central Colombia’s favorable growing climateFlora Growth recently announced an agreement with Israeli product distribution company Artos Ltd. to sell Flora’s high-THC cannabis flower to IsraelisColombia legalized the international export of cannabis flower last year for use in health and wellness industriesIsraelis comprise a large base of medical marijuana users and cannabis-based…

Thursday Feb 24, 2022 - 9:15 am

With Bulls on the Side of Gold Trends, StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Charges Ahead with Greenstone Belt Drill Plans

Metals exploration and acquisition company StraightUp Resources has spent recent months optioning potential drill sites in the gold-producing region of Ontario’s famed Red Lake Mining DistrictStraightUp conducted ground and airborne magnetic surveys last year to help guide its strategy for potential exploration, with results showing some “high merit” areas of potential mineralizationThe company has obtained the necessary permit for a summer drilling program on one…

Wednesday Feb 23, 2022 - 10:00 am

StorEn Technologies Inc. Gains Attention as Developer of Innovative Vanadium Flow Batteries

Company ranked as one of 50 most innovative New York-Based energy-management companies and startupsCompanies were selected based on exceptional performance in innovation, growth, management or societal impactStorEn also cited as partner with organization investigate battery storage options and increase the lifetime of redox flow batteries StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, was recently listed…

Wednesday Feb 23, 2022 - 9:45 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging Leader in Rare Earth Sector Slated for Growth in 2022

The rare earth element market expected to see interest from investors, governments around the world in coming yearSupply will need to pick up to meet global demand for REEs, primarily from EVsRestoring REE production to U.S. will greatly benefit the nation’s economy and clean energy sector Last year saw more major developments in the rare earth elements (“REE”) space than the last seven years combined, according to…

Tuesday Feb 22, 2022 - 9:15 am

Billion-Dollar Acquisition, Region’s History, Survey Results, Support StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Focus on the Prolific Red Lake District

StraightUp Resources has optioned or acquired several properties in the historic Red Lake District in Ontario, which has produced over 30 million ounces of gold to dateThe company’s properties in the area include RLX North, RLX South, Belanger, and Ferdinand propertiesLate last year, a senior gold mining company entered into an agreement to acquire Great Bear Resources, one of the success stories of the Red…

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