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NewsBreak Category: Mining
Thursday May 19, 2022 - 12:53 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Agreement for Major Rare Earth Land Position in Brazil

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has signed binding agreements to secure an estimated 58.3 square-mile, heavy-mineral sand position. The agreements cover the acquisition of 17 mineral concessions located between Prado and Caravelas, towns in the state of Bahia, Brazil. Called the Bahia Project, the area has potential to feed the Energy Fuel’s White Mesa Mill…

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Tuesday May 17, 2022 - 10:20 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all…

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Tuesday May 10, 2022 - 10:10 am

InvestorNewsBreaks – Austin Gold Corp. (NYSE American: AUST) Secures $13.85M in IPO

Austin Gold (NYSE American: AUST) recently announced the closing of its initial public offering of 3,265,000 of its common shares, each at a price of $4.00. The company also announced that the underwriters have exercised their option to acquire an additional 489,750 shares to cover overallotments in connection with the offering. The company has received approximately $13.85 million in net proceeds after the underwriting discount…

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Friday Apr 29, 2022 - 3:17 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in REE Processing, Production Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that is also moving faster than any other company to re-establish a domestic rare earth elements (“REE”) supply chain, appears set to benefit from growth of the global REE market. A recent Mordor Intelligence article is reporting that the sector has reached an estimated 161,354.65 tons this year, with an expected compound…

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Wednesday Apr 13, 2022 - 9:54 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Marks Historic Week with Shipments of Uranium, Vanadium, REE

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, hit a critical mineral “trifecta” this month, making commercial shipments of uranium, vanadium and advanced rare earth materials — all in a single week. According to the announcement, the company shipped natural uranium concentrates (“U308”) to the Metropolis Works uranium conversion facility in Metropolis, Illinois;  vanadium pentoxide (“V205”) to the Bear Metallurgical…

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Tuesday Apr 05, 2022 - 3:11 pm

InvestorNewsBreaks – South Star Battery Metals Corp. (TSX.V: STS) (OTCQB: STSBF) Announces ‘Next Cornerstone’ Toward World-Class Graphite Production

South Star (TSX.V: STS) (OTCQB: STSBF) has announced its entry into a binding streaming agreement with Sprott Resource Streaming and Royalty Corp (“SRSR”) for a total cash consideration of up to US$28 million as prepayment for graphite concentrates from the Santa Cruz Graphite Project in Brazil. According to the announcement, South Star will act as sales agent for SRSR on the percentage of production subject…

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Friday Apr 01, 2022 - 3:17 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Positioned to Expand Portfolio, Capitalize on Growing Demand for Gold

StraightUp Resources (CSE: ST) (OTCQB: STUPF) recently entered into a purchase option agreement that gives it exclusive right and option to acquire from Perry English and Gravel Ridge Resources Ltd. (“Optionors”), a 100% dividend interest in the Ranger/Otter mining project located in Red Lake, Ontario. “This agreement opens an opportunity for StraightUp to grow its property portfolio while also capitalizing on the surging gold market…

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Friday Mar 25, 2022 - 3:13 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Focused on Executing 2022 Plans, Including New Acquisitions, Expanded Market Reach

StraightUp Resources (CSE: ST) (OTCQB: STUPF) recognizes the issues posed by the Ukraine crisis, which, though focused on Eastern Europe, is affecting various sectors globally. “Despite its properties being located in North America, the developments in Russia and Ukraine, coupled with the former’s sanctions, are affecting its operations and its shareholders’ willingness to take more investment risks,” a recent article reads. “Following the conflict, the…

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Friday Mar 18, 2022 - 12:45 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Confirms Potential of Optioned Gold Properties

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a precious metals explorer, has spent the past year examining the potential for gold exploration on flagship properties it has optioned in Canada’s well-known greenstone belts in Ontario, anticipating persistent demand for the metal worldwide. “Ground magnetic surveys and helicopter-borne high-resolution aerial magnetic surveys have helped confirm the potential of StraightUp’s five gold properties in the Red Lake Mining…

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Wednesday Mar 16, 2022 - 9:48 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases 2021 Financial, Corporate Report

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has released its financial results and corporate update for the year ended Dec. 31, 2021. Highlights of the report include the company’s net income of $1.5 million for 2021 along with a strong balance sheet showing $143.2 million in working capital, including $113 million of cash and marketable securities, $30.8 million in inventory and no short-term or…

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Monday Mar 14, 2022 - 3:44 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Taping ‘Truly Immense Opportunity’ Amid Rising Demand for Rare Earths

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is emerging to become one of the diverse suppliers of rare earth elements (“REEs”). The company has seen monumental progress in its efforts to enter the REE market, which is expected to experience healthy growth. And, if demand continues to grow at its current pace, supply will need to pick up to meet the need for REEs globally.…

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Tuesday Mar 08, 2022 - 12:44 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), IperionX Collaborate on Rare Earth Mineral Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has undertaken laboratory evaluation of rare earth mineral concentrates, including monazite and zenotime, from IperionX Limited’s Titan Project located in west Tennessee. The evaluation indicated that IperionX’s rare earth minerals are suitable as a high-quality feedstock to supply UUUU’s commercial production of mixed rare earth carbonate. Energy Fuels also indicated…

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Monday Mar 07, 2022 - 11:12 am

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Signs Purchase Option Agreement for Ranger/Otter Project

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has entered into a purchase option agreement with 1544230 Ontario Inc. The agreement, entered into on behalf of Perry English and Gravel Ridge Resources Ltd., gives StraightUp Resources the exclusive right and option to acquire an undivided interest in…

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Tuesday Mar 01, 2022 - 3:11 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Cash Flow Generation, Leveraging Advanced Technology to Guide Explorational Focus

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company that has, since inception, remained committed to mineral exploration as well as the acquisition of mineral property assets both in North and South America, now seeks to tap into expected growth trends while generating cash flow. StraightUp has been on an aggressive campaign to secure properties in the region, having most recently acquired the West Cat Mine…

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Monday Feb 28, 2022 - 3:10 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Favorably Poised as 2022 Report Forecasts Good News for Uranium Sector

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based uranium mining company that supplies U308 to major nuclear utilities, holds three of America’s key uranium production centers, and boasts more uranium production capacity than any other U.S. company. And as the year unfolds, a rosy Uranium Investing report, whose excerpts are contained in a recent article, notes that things in the uranium sector…

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Monday Feb 28, 2022 - 2:58 pm

InvestorNewsBreaks – StorEn Technologies Inc. Leading the Way in Developing Evolutionary Vanadium-Flow Batteries

StorEn Technologies could benefit as more people choose battery storage for residential energy storage. “Recent progress made in the battery-storage space makes residential energy storage more feasible than ever, and with available tax credits, the federal government is doing what it can to make the prospect even more appealing… That’s not the end of the incentives, however. Many states offer credits that could further reduce…

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Thursday Feb 17, 2022 - 3:08 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Strengthens Commitment to Red Lake Mining District

StraightUp Resources (CSE: ST) (OTCQB: STUPF) has entered 2022 with a tailwind driving enthusiasm around its gold prospects in Ontario’s famed greenstone belt and a historically metal-rich region in the western United States. “The Canada-headquartered mineral explorer has spent the last year steadily increasing its data on five gold properties it has optioned in Canada’s well-known greenstone belt in Ontario, as well as a gold…

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Friday Feb 11, 2022 - 12:23 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Greenlit to Proceed with Mechanized Drilling, Ground Geophysical Surveys at Flagship RLX Property

StraightUp Resources (CSE: ST) (OTCQB: STUPF) expects to proceed in its 2022 work programs for its flagship property, a 10,000-hectare tract of land located in the Red Lake District that has shown great promise in gold mining. The work programs include drilling the most prospective targets in the summer. This follows receipt of its early exploration permit (“PR-21-000261”) for the eastern block of its RLX…

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Wednesday Feb 09, 2022 - 12:16 pm

InvestorNewsBreaks – Joshua Gold Resources Inc. (JSHG) to Identify Potential Drill Targets at Seymour Lake Extension Property

Joshua Gold Resources (OTC: JSHG), an American gold and mineral exploration company headquartered in Canada, today announced that it will be conducting a Drone Magnetometer Survey on its 100% owned Seymour Lake Extension property. JSHG is commencing the survey in order to pinpoint potential lithium (“Li”) drill targets at its property situated in northwestern Ontario within the Caribou-Marshall Lake Greenstone Belt. The Seymour Lake Extension…

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Friday Feb 04, 2022 - 12:40 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Optimistic About Potential of Precious Metals Market

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company dedicated to acquiring and exploring mineral property assets, is optimistic about the potential of the precious metals market in light of the uncertainty in economic forces at play in the world today. “As Americans are weary of COVID-19 pandemic restrictions and worry more about the economy and inflation’s effects on their personal finances, many investors are considering…

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Thursday Jan 27, 2022 - 2:37 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Transition from Exploration Company to Mining Company

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is ideally positioning itself to tap into the expected growth trends in regard to the prices of precious metals. The average silver prices per troy ounce have trended upwards since 2018, while the average gold prices per troy ounce have increased year-over-year since 2015. StraightUp is undertaking thorough exploration work at its existing mining assets as well as acquiring…

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Friday Jan 21, 2022 - 12:36 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expected to Benefit as Investors Seek Alternatives to Cash

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid the price rally experienced within the precious metals market following a rise in inflation. December numbers released by the Bureau of Labor Statistics showed the U.S. inflation rate rose to 6.8%, its highest point since 1982, on the back of higher housing, food and gas prices. Earlier in November, in spite of normal and expected ups…

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Friday Jan 14, 2022 - 12:14 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in High-Purity Rare Earth Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Nanoscale Powders LLC (“NSP”) with plans to develop a novel technology for the production of rare earth elements (“REE”) metals. The company believes the technology, initially developed by NSP and to be advanced by the UUUU-NSP partnership, has the potential to revolutionize the rare earth metal making industry by increasing safety, reducing production costs and…

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Thursday Jan 13, 2022 - 2:48 pm

InvestorNewsBreaks – StorEn Technologies Inc.’s Collaborative Project Set to Bring Opportunity to Local Manufacturing Community

StorEn Technologies is a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology. The company takes pride in offering solutions that meet consumers’ demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy. StorEn is involved in a project in Australia led by Future Battery Industries CRC, with QUT, research…

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Thursday Jan 13, 2022 - 2:25 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces Receipt of Early Exploration Permit for RLX North Property

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has received an early exploration permit from the Ministry of Northern Development and Mine, Natural Resources and Forestry (“NDMNF”). The permit, which is effective for three years, allows the company to conduct mechanized drilling and ground geophysical surveys that…

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Thursday Jan 13, 2022 - 11:48 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Results from Platosa Drilling

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has announced results from its latest underground drilling at the Platosa Mine in Durango, Mexico. The follow-up drilling was conducted on the 817 Zone below Manto 623. Results defined a zone of high-grade silver mineralization with highlights including the following: 2,490 g/t silver equivalent over 2.9 meters and 5,089 g/t AgEq over 0.4 meters in EX21UG761; 3,905 g/t…

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Tuesday Jan 11, 2022 - 2:58 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Expands Proprietary Crypto Exchange with New Trading Pairs

Asia Broadband (OTC: AABB) today announced that it has incorporated additional trading pairs in its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. To access the desktop version of the AABB Exchange, visit https://ibn.fm/tWS5H.The Exchange was launched several weeks ago in its initial phase to optimize stability, functionality and integration of the various component modules and features. Users can now place buy and sell…

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Friday Jan 07, 2022 - 12:42 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Building Portfolio, Expanding Access to Potential Mining Assets

StraightUp Resources (CSE: ST) (OTCQB: STUPF) in 2021 expanded its access to potential assets, building a portfolio that includes options for five anticipated gold properties in Ontario, Canada’s well-known greenstone belt, acquisition of an existing gold and silver mine in the western United States, and an opportunity to acquire a silver mine and processing plant in the Lima region of Peru. Most of the company’s…

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Thursday Jan 06, 2022 - 3:19 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Leverage Growth in Nuclear Energy Space

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that supplies U3O8 to major nuclear utilities, is ideally positioned to make the most of the anticipated growth in the nuclear energy sector. The World Nuclear Association’s Annual Nuclear Fuel Report projects that the demand for uranium fuel will increase over the next two decades. Nuclear power is expected to play an…

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Thursday Jan 06, 2022 - 9:28 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Update on Company Operations, Explorations

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared an overview of its operations. The update includes information regarding EXN’s Platosa project as well as other upcoming exploration plans; the company stated that additional updates would be forthcoming. The company noted that last year the Platosa mine and the Miguel Auza mill produced four quarters of stable production at record rates, with final numbers for 2021…

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Tuesday Dec 28, 2021 - 12:50 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Continues to Position Among Top-Quality Assets, Companies

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid an expectedly strong market for years to come, building a portfolio of potential precious metal resource sites. These assets are located in the well-known gold-rich region of Red Lake’s greenstone belt in Ontario, Canada, in a historically productive mining region in southern Nevada, as well as in the Lima region of Peru. A recent article quotes…

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Tuesday Dec 28, 2021 - 10:53 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Launch of Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) has launched its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. According to the announcement, today’s launch is the initial phase of the Exchange roll out in the necessary process to ensure stability, proper functioning and integration of the various component modules. Exchange users can now familiarize themselves with the platform and place buy and sell orders to execute cryptocurrency…

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Wednesday Dec 15, 2021 - 11:37 am

InvestorNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Exciting Portfolio Showcased in Latest Episode of ‘Bell2Bell’ Podcast

StraightUp Resources (CSE: ST) (OTCQB: STUPF) was featured in the “Bell2Bell Podcast,” a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Mark Brezer, StraightUp’s CEO, president and director, joined the latest episode to discuss the company’s business model and its intriguing portfolio of mineral property assets in North America. “StraightUp Resources is heavily concentrated on the exploration business,…

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Wednesday Dec 15, 2021 - 10:53 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Strategic Venture with NSP to Develop Novel REE Metal-Making Technology

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced the execution of a memorandum of understanding (“MOU”) with Nanoscale Powders LLC (“NSP”) for the development of an innovative technology for the production of rare earth element (“REE”) metals. “Metal-making is a critical step in the rare earth supply chain. Energy Fuels has already restored monazite ‘crack-and-leach’ capabilities to the U.S. at our White Mesa Mill…

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Tuesday Dec 14, 2021 - 2:30 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned Amid Expected Strong Growth in Nuclear Energy

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing uranium mining sector. According to a Business Research Company report, the uranium mining market is projected to reach nearly $10.18 billion next year and should see CAGR of 4.6% during the forecast period (https://ibn.fm/vvT93). “With nuclear energy expected to…

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Friday Dec 10, 2021 - 1:33 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expanding Market Reach

StraightUp Resources (CSE: ST) (OTCQB: STUPF), at the beginning of the year, broke down its 2021 exploration program into four elements: historical data review, compilation and interpretation; examining historical drill core (“ENDM” core library, Red Lake); geological mapping and sampling; and geophysical surveys. “The objective was to add new 2021 data to enhance interpretations, locate prime locations for drilling holes and conduct soil sampling to…

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Monday Dec 06, 2021 - 12:44 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Focused on Efforts to Support ESG Priorities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority in the production of raw materials that support global clean-energy efforts. This comes as the world is becoming more focused on and committed to clean energy and sustainability, with companies in every sector recognizing the importance of advancing ESG (environmental, sustainability and governance) priorities. “With that as a backdrop, Energy Fuels does much more…

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Thursday Dec 02, 2021 - 1:29 pm

InvestorNewsBreaks – Excellon Resources Inc.’s (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Platosa Marks 4th Quarter of >21,000 Tons Mined and Milled

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a diversified metals producer with a precious metals growth pipeline that includes Mexico’s Platosa Mine, Kilgore, a high-quality gold development project in Idaho, as well as and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany boasting more than 750 years of mining history. The company recently released details of its…

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Wednesday Dec 01, 2021 - 1:05 pm

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces DTC Eligibility

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced its receipt of confirmation from the Depository Trust Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States. DTC eligibility reduces costs and accelerates the settlement process for investors and brokers, allowing the company's common shares to be traded over a much wider selection of brokerage firms…

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Wednesday Nov 17, 2021 - 12:34 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Exceeds $1.1M in Gold-Backed Cryptocurrency Sales Prior to Launch of Proprietary Exchange

Asia Broadband (OTC: AABB) is pleased to announce that it has recorded over $1.1 million in “AABBG” Gold Token sales within the recent four-week period ending Nov. 15, in advance of the imminent launch of the proprietary cryptocurrency exchange. AABB is progressively expanding AABBG token circulation to primary sales markets of North America and Europe with a goal to expand globally to other predominant and…

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