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NewsBreak Category: Mining
Wednesday Jul 28, 2021 - 10:56 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Progress of Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today provided an update on the ongoing drilling program at the Silver City Project located in Saxony, Germany. Among the highlights, the company reported smooth commencement of drilling at the first of four priority targets of the 12,000-metre diamond drilling program planned for 2021. In addition, a second drill rig was added to the program, with…

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Wednesday Jul 21, 2021 - 11:53 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Provides Update on Mining Properties, Facilities

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, released an update on its mining properties and facilities. AABB is focusing its efforts in parts of Mexico where the company has a comparative advantage of development resources and expertise readily available, enabling the rapid expansion and duplication of previous gold production success. The…

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Tuesday Jul 20, 2021 - 10:40 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Impressive Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole LC21-22 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide (“Li 2 O”) at 69 metres (“m”) drilled depth. There are additional anomalous values of other rare metals, including average values of…

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Wednesday Jul 14, 2021 - 9:57 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces 1.35% Drilling at Its Quebec Property Drill Hole

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has released results of drill hole LC21-003 at its Augustus Lithium Property in Quebec, Canada. The announcement stated that the drill hole intersected a six-meter-wide zone with 0.62% lithium oxide (“Li2O”) at 45 meters in depth; the hole included a two meter-wide wide intersection with 1.35% Li2O at 48 meters depth. In addition, a second two-meter-wide…

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Tuesday Jul 13, 2021 - 11:38 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Completion of Share Retirement, 120M Reduction in Total Outstanding Shares

Asia Broadband (OTC: AABB) today announced that its management and board of directors recently completed the retirement and return of 120 million restricted common shares to the company treasury. According to the update, the reduction in the total outstanding company shares was 13 million more than the 107 million share reduction previously approved and announced in May. Asia Broadband’s initiative to create shareholder value led…

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Thursday Jul 01, 2021 - 12:02 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Positioned Amid Silver’s Rising Demand/Declining Supply

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal projects located in Mexico, Idaho and Germany. According to a recent article, “The World Silver Survey has forecast a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with industrial demand set to rebound by 8% year-over-year. However, the rosy demand outlook…

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Thursday Jul 01, 2021 - 11:46 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Eyes Promising Assay Results in Leveraging Mine-to-Token Strategy

Asia Broadband (OTC: AABB), a precious metals resource holder and cryptocurrency developer, has been assessing several gold mining projects and has issued letters of intent (“LOIs”) for mines and processing facilities in the Mexico-based states of Jalisco and Nayarit. These efforts are underway in order for AABB to add to its gold holdings under its mine-to-token strategy. The company is moving forward with its intent…

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Tuesday Jun 29, 2021 - 1:04 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Making Strides to Restore Critical US Rare Earth Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) continues to focus on its efforts to produce commercial rare earth elements (“REEs”) as well as on uranium production as the U.S. government looks to support moves to limit dependence on other countries for the mining and production of various metals. “Without a doubt, Energy Fuels is making major strides toward restoring critical U.S. rare earth supply chains…

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Friday Jun 25, 2021 - 2:01 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Eyes Promising Results at Platosa

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany. The company is working on developing a precious metals growth pipeline across a myriad of geographies and has announced exceptional results from its drilling program at Platosa. “Excellon has seen particularly promising results from its…

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Friday Jun 25, 2021 - 11:45 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in Broadcast Discussing Its Rising Interest, Growing Portfolio

Uranium Energy (NYSE American: UEC), a uranium mining and exploration company, today announced the availability of a broadcast titled, “Time to Capitalize on the Net Zero Emission Initiative.” The piece discusses the climbing interest in uranium, with UEC shares gaining notice. The audio press release discusses the Texas-based company’s strong and growing portfolio of ISR projects and its diversification. “UEC has also diversified its uranium…

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Thursday Jun 24, 2021 - 2:03 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Carester Collaborate to Build Fully Integrated Rare Earth Supply Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is collaborating with Carester SAS, a leading global expert on rare earth separation, in its ongoing commitment to developing its rare earth element (“REE”) business. As part of this effort, the companies are working to conduct a scoping study for the development of a solvent extraction REE separation circuit at Energy Fuels’ White Mesa Mill in Utah. “Energy…

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Wednesday Jun 23, 2021 - 11:03 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in NNW Editorial

Uranium Energy Corp. (NYSE American: UEC), a U.S. -based uranium mining and exploration company, is featured in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. The editorial, titled “Time to Capitalize on the Net Zero Emission Initiative,” notes that the International Energy Agency (“IEA”) has shared an actionable…

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Friday Jun 18, 2021 - 9:20 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Filing of Platosa Technical Report

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced that it has filed an independent technical report for the Platosa Mine in Durango, Mexico. The report was prepared and compiled following National Instrument 43-101 guidelines and has an effective date of March31, 2021. The Platosa Mine is a high-grade silver mine and is one of three projects Excellon is working. Production at Platosa began…

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Thursday Jun 17, 2021 - 9:49 am

InvestorNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Enters Development Agreement with Global Powerhouse in Auto Parts Manufacturing

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced a strategic development agreement with Linamar Corporation, a global powerhouse in automobile parts manufacturing, to develop an advanced electric drive solution for electric vehicles. Under the agreement, Linamar and Exro will develop an advanced eAxle utilizing Coil Driver(TM)…

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Wednesday Jun 09, 2021 - 10:04 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Acquisition of McNeely Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has entered into an acquisition agreement with Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FSE: G1MN). The agreement calls for FEMFF to acquire 100% interest into McNeely Lithium Property in Quebec. Located in LaCorne, Landrienne and Figuery Townships, the claims are scattered across several claim blocks and include 66 mining claims covering a total…

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Wednesday Jun 09, 2021 - 9:34 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Files Quarterly Report on Form 10-Q

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced, in accordance with NYSE American requirements, the filing of its quarterly report on Form 10-Q for the nine months ended April 30, 2021, with the U.S. Securities and Exchange Commission (the "SEC"). According to the update, the Form 10-Q filing, which includes the company's condensed consolidated financial statements, related…

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Tuesday Jun 08, 2021 - 10:21 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Details on 2021 Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced permitting approval for the drill operation plan at the Silver City Project in Saxony, Germany, and provided details outlining the 2021 drilling program. “Our 2020 drilling program confirmed the presence of a major epithermal system, encountered high-grade silver species and delivered high-grade assays, including new discoveries at Grauer Wolf and Reichenbach,” said Ben Pullinger,…

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Wednesday Jun 02, 2021 - 9:16 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Upcoming Availability of Two New Trading Methods

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, is planning on releasing two unique trading methods by September of this year. The two methods — Quick Exchange and Advanced Exchange — will be available in AABB’s proprietary cryptocurrency exchange. Users will be able to use Quick Exchange for the rapid trade…

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Tuesday Jun 01, 2021 - 2:28 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Anticipates High Gold Concentrations, Production from Likely Acquisitions

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, recently received mapping and rock sample assay results for the Los Reyes property, located in the prolific region of Mascota in Jalisco, Mexico. “The results from non-targeted rock samples showed great promise for AABB and strongly demonstrated that targeted drilling samples, directed by geophysics data, could have higher gold…

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Tuesday Jun 01, 2021 - 10:54 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Large Drilled Widths of Lithium-Bearing Zones at Quebec Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 19-meter-wide zone with 1.17% lithium oxide (“Li 2 O”) at 126 metres (“m”) drilled depth. In addition, there are anomalous values of other rare metals including average values…

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Friday May 28, 2021 - 11:39 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Results of Election of Directors

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently held its annual and special meeting of shareholders. The meeting, which was held on May 26, 2021, was held virtually. At the meeting, the company held its election of directors. Eight individuals were proposed by management for election as directors. Those eight individuals are J. Birks Bovaird, Mark S.…

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Thursday May 27, 2021 - 12:08 pm

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Is Focused on Building Diversified Portfolio

First Energy Metals’ (CSE: FE) (OTCQB: FEMFF) primary focus is to develop a multicommodity mineral property portfolio by identifying, acquiring and exploring mineral prospects in North America in the precious, base and industrial metals sectors. The company’s core properties are Augustus Lithium and Titan Gold. “Located in Landrienne & Lacorne-Townships, Quebec, Canada, in an active lithium exploration/mining area, the Augustus Lithium Property and surrounding claims…

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Wednesday May 26, 2021 - 9:31 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Commences Drilling at Idaho-Based Oakley Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced the commencement of a 2,800-metre diamond drilling program at the Oakley Project, Idaho in collaboration with Centerra (U.S.) Inc. According to the update, Centerra has the option to earn up to a 70% interest in the project by, among other things, spending up to US$7 million in exploration expenditures prior to May 2026. Under…

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Tuesday May 25, 2021 - 1:53 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Able to Fully Fund Physical Uranium Initiative

Uranium Energy (NYSE American: UEC), a Texas-based uranium mining and exploration company, was the subject of a recent research report by H.C. Wainwright & Co. (“Wainwright”). The analysts reiterated a buy rating for UEC’s stock, which, as they project, would reach a price target of $5. According to an article reporting the matter, the price projection and the buy rating are “based on a discounted…

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Monday May 24, 2021 - 2:00 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eyes What May be ‘The Best Resource Opportunity’ at White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently expanded into the rare earth elements (“REE”) market, which is projected to grow at a CAGR of 12.3%, expanding from $5.3 billion in 2021 to $9.6 billion by 2026 (https://ibn.fm/n8eCy). A recent article, which termed the REE market as promising, described UUUU’s efforts in this space. “Energy Fuels is the key U.S. player for raw materials such…

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Tuesday May 18, 2021 - 12:19 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its…

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Monday May 17, 2021 - 12:20 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token…

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Monday May 17, 2021 - 12:02 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Finds Compelling Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has found additional high-grade silver in the Platosa Mine in Mexico. The find was captured in recently released results from underground expansion and exploration drilling at the site, which the company described as “compelling.” It complements…

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Thursday May 13, 2021 - 2:44 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Is ‘America’s Critical Mineral Hub’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) was featured in a recent article discussing its emergence as “America’s Critical Mineral Hub,” and a leader in the domestic production of uranium, vanadium and rare earth elements (“REEs”). These critical minerals are the building blocks of many clean energy technologies, including electric vehicles (“EVs”), renewable energy systems, nuclear energy and advanced grid-scale batteries. UUUU is the largest…

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Thursday May 13, 2021 - 12:29 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Keen on Becoming Nation’s Largest, Most Profitable Uranium Company

Uranium Energy (NYSE American: UEC) is intent on advancing and expanding Burke Hollow’s resources, an in-situ recovery (“ISR”) uranium project in South Texas, according to a recent article. As a result, it “restarted wellfield development and resource delineation drilling.” The expansion of Burke Hollow’s resources “dovetails with UEC’s plans to participate in supplying the U.S. Uranium Reserve (‘UR’) as outlined in the Nuclear Fuel Working…

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Friday May 07, 2021 - 2:32 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Poised for Opportunity Amid Rising Demand

Uranium Energy (NYSE American: UEC) is positioned to benefit from the increased demand for low-cost and environmentally friendly uranium. This comes as the U.S. Democratic Party has changed its stand on nuclear energy for the first time since the Nixon administration in 1972. The move by the new administration bodes well for Uranium Energy. A recent article reads, “UEC has used and will be using…

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Tuesday May 04, 2021 - 11:30 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Releases Additional Assay Results from Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has announced additional assay results from the channel sampling program conducted at its Augustus Lithium Property in Quebec. The samples taken from the Beluga Pegmatite of the Canadian Lithium Prospect cut a 31-meter-wide section with an average of 0.37% lithium oxide (Li2O), which includes four meters of spodumene pegmatite at 1.20$ Li2O. The company…

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Monday May 03, 2021 - 2:49 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) On Pace to Outperform in Commercial REE Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of monazite from The Chemours Company’s Offerman Mineral Sand Plant in Georgia. The delivery sets the wheels in motion for UUUU to produce mixed rare earth elements (“REE”) carbonate and subsequently sell the product to Neo Performance Materials’ REE separation plant in Europe “for production of value-added REE products available to U.S. and…

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Friday Apr 30, 2021 - 12:33 pm

InvestorNewsBreaks – Perpetual Industries Inc. (PRPI) to Combine Expertise to Form Robust, Comprehensive Service

Perpetual Industries (OTC: PRPI) recently completed two key acquisitions: Worldwide Group LLC, a U.S.-based boutique auction company, and AutoGrafic Software Systems, a software-as-a-service (“SaaS”) company. The acquisitions align with PRPI’s mission to bring value-added technologies to the market. Worldwide is focused on selling and acquiring classic vintage automobiles at auctions globally, while AutoGrafic utilizes advanced technology to host various aspects for automotive promotion and preservation.…

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Friday Apr 30, 2021 - 11:46 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also…

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Wednesday Apr 28, 2021 - 2:53 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) to Proceed with International Marketing of Gold-Backed Token

Asia Broadband (OTC: AABB) recently recorded more than $1 million in sales within the first two weeks after launch of its AABB Gold (“AABBG”) token. The record sales were achieved even before embarking on an international marketing campaign, which, once it commences, will amplify public and investment community awareness of AABB, promote brand exposure and increase token sales and AABB wallet transactions. “Asia Broadband has…

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Tuesday Apr 27, 2021 - 2:19 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has…

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Monday Apr 26, 2021 - 1:47 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) to Utilize ISR to Supply Global Utilities, US Needs

Uranium Energy (NYSE American: UEC) aims to change the current state of affairs in the United States as the country is struggling to maintain its uranium industrial base. “The United States is now nearly completely dependent on foreign uranium imports. Meanwhile, the nation’s domestic enrichment capacity is close to non-existent,” reads an article highlighting Scott Melbye’s testimony at the Senate Committee hearing. Melbye, UEC’s executive…

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Monday Apr 26, 2021 - 11:30 am

InvestorNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Results of Phase I Drilling at Rio Loa

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced the results of the recently completed Phase 1, five-hole (1,793 meters) reverse circulation ("RC") drill program at Rio Loa. The program was designed to test a series of geochemically (lead-arsenic) and geophysically (magnetics and IP) defined high-sulphidation epithermal gold targets associated…

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Friday Apr 23, 2021 - 1:10 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Penn State Receive $1.75M to Complete Rare Earth Feasibility Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR), along with a team from Penn State University has received additional funds to complete an ongoing feasibility study focused on the production of rare earth element ("REE") products from natural, coal-based resources. The funds were awarded by the U.S. Department of Energy ("DOE") Office of Fossil Energy and National Energy Technology Laboratory, which provided an initial $150,000 for…

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