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NewsBreak Category: Mining
Thursday Dec 22, 2022 - 10:54 am

InvestorNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Production Report, 2023 Guidance

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on its October and November production as well as forecasting numbers for the remainder of the year; the company also released its guidance for 2023. According to the announcement, total production for October and November reached an estimated 26,700 gold equivalent ounces (“GEO”) with preliminary costs…

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Monday Dec 19, 2022 - 1:15 pm

InvestorNewsBreaks – Arizona Metals Corp.’s (TSX: AMC) (OTCQX: AZMCF) Kay Mine Distinct as Gold-Rich VMS Deposit

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) has two projects, Kay Mine and Sugarloaf Peak, which are both located in prolific mining districts and have substantial historic resources that the company is aiming to bring current and expand upon. “Kay Mine is the flagship project in Yavapai County, covering 1,300 acres on a combination of patented and Bureau of Land Management (‘BLM’) claims. The project is…

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Monday Dec 19, 2022 - 12:30 pm

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Near Surface, High Grade Results at ‘Stock Mill’s Doorstep’

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported the latest exploration news from its Stock property. In the announcement, the company highlighted four priority areas that illustrate the potential to expand the gold resource base around the historic Stock mine. “We find the occurrence of near surface high grade at our Stock Mill’s doorstep very intriguing,” said EVP of Exploration Stephen McGibbon. “These initial…

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Friday Dec 16, 2022 - 10:00 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Contribute to Domestic Energy Security, Supply U308 to US Uranium Reserve

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements (“REE”), today announced that it has been awarded a contract to sell $18.5 million of natural uranium concentrates (“U3O8”) to the U.S. government for the establishment of a strategic “Uranium Reserve.” The U.S. National Nuclear Security Administration (“NNSA”), an office within the U.S. Department of Energy (“DOE”), is…

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Wednesday Dec 14, 2022 - 1:45 pm

InvestorNewsBreaks – Eloro Resources Ltd.’s (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Bolivia Exploration Program Uncovers High Metal Values Within Immense System

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The company owns a 98% interest in Minera Tupiza, with an option to acquire 99% interest in the neighboring Iska Iska, a nine-square-kilometer silver-tin polymetallic property. “Iska Iska is a highly sought-after road-accessible, royalty-free property located near…

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Monday Dec 12, 2022 - 9:58 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Featured on BTV-Business Television

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is featured in a new interview by BTV-Business Television. The piece was broadcast on FOX Business News on Sunday, Dec. 11. On air for more than 20 years, BTV is a half-hour investment program that features analysts and…

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Wednesday Dec 07, 2022 - 9:51 am

InvestorNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Announces Participation in Virtual Investor Conference

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), based in Arizona and focused on copper and gold exploration, will be featured at today’s Virtual Investor Conference. AMC CEO Marc Pais will be presenting live during the one-day virtual event; his presentation is slated to begin at 1:30 p.m. ET. The presentation may include recent company highlights, including the fact that Arizona Metals has completed approximately 72,000…

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Friday Dec 02, 2022 - 2:23 pm

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

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) is a mineral exploration company focused on advancing precious and base metal deposits in the state of Arizona. The company’s flagship copper-gold-zinc-silver asset is the Kay Mine Project, located in Yavapai County, and Arizona Metals also owns the Sugarloaf Peak gold project in La Paz County. “The company in October 2022 received permit approval from the Bureau of Land…

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Friday Dec 02, 2022 - 10:32 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Confirms Potential at Reid, Bulk Tonnage Discovery at Sothman

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) on Thursday announced positive drilling results from its ongoing regional exploration drilling campaign at its Reid and Sothman properties. “We continue to have excellent success with our regional exploration program,” said Mark Selby, chair and CEO of Canada Nickel. “The latest results provide further confirmation of the potential at Reid with a large higher-grade interval in hole REI22-07 and…

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Tuesday Nov 29, 2022 - 11:14 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Uncovering Potential for Iska Iska to Become ‘Bonanza Style’ Bolivian Polymetallic Discovery

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced assay results from eight additional diamond drill holes from its ongoing drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. According to the update, six of the holes (DSB-35 and DSB-37 to DSB-41) tested the south-southeastern extension of the high-grade feeder zone at Santa Barbara while METSBUG-03 is a…

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Monday Nov 28, 2022 - 2:21 pm

InvestorNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Exploration Program Reveals Significant Gold Mineralization in Grey Fox Area

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported that its ongoing exploration program has identified four new gold veins in the Grey Fox area within the Fox Complex. According to the update, drilling results reveal significant gold mineralization in veins within sedimentary rocks with good gold grades near surface and high-grade gold values encountered at depth. “What we find exciting about this discovery is…

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Monday Nov 28, 2022 - 9:59 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Featured in Recent Power Play Interview

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, was spotlighted during a recent interview released by the Power Play by the Market Herald. During the interview, Eloro executive VP of exploration Bill Pearson chatted with host Sabrina Cuthbert about the company’s recent expansion of its holdings…

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Wednesday Nov 23, 2022 - 11:49 am

InvestorNewsBreaks – IBN to Shine the Spotlight on Mines and Money’s London-Based Event

IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company, today announced its collaboration with the Mines and Money event series powered by Beacon Events. IBN will serve as official media sponsor for the upcoming Mines and Money London conference taking place Nov 29 to Dec. 1, 2022. Managing the top event portfolio for mining investment, Mines and Money is the gold standard for connecting sophisticated…

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Tuesday Nov 22, 2022 - 11:23 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Moves to Significantly Expand Land Position at Iska Iska

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced its entry into an option agreement to acquire the Mina Casiterita and Mina Hoyada properties, which collectively cover 14.75 km southwest and west of the Iska Iska Silver-Tin Polymetallic Project. According to the update, artisanal mining in the 1960s identified high-grade tin veins on the Mina Casiterita property that are hosted in intrusive dacite. From…

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Monday Nov 21, 2022 - 1:02 pm

InvestorNewsBreaks – Resourcing Tomorrow to Connect Miners with Smart Money, Investors with Under-the-Radar Opportunities

Beacon Events, a renowned producer of conferences for leading companies and seasoned investors, will host the upcoming Mines and Money’s Resourcing Tomorrow event at London’s Business Design Center from Nov. 29 to Dec. 1, 2022. As Europe’s largest and most in-depth mining conference dedicated to global sustainability goals, Resources Tomorrow will cover critical themes of how the mining industry can accelerate the broader energy transition…

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Monday Nov 14, 2022 - 3:02 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Strategic Move to Sell Alta Mesa Project, Focus on Uranium and Rare Earth Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements (“REE”), today announced its entry into a definitive agreement to sell three wholly owned subsidiaries that together hold its Alta Mesa ISR Project to enCore Energy for total consideration of $120 million (the “transaction”). The transaction, which is expected to close by the end of 2022 or early…

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Monday Nov 07, 2022 - 11:55 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3-2022 Results, Continued Strengthening of Leading Position in Uranium, Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced its financial results for the quarter ended Sept. 30, 2022. Among the highlights, the company reported a robust balance sheet with $122.3 million of working capital as of Sept. 30, 2022, including $77.1 million of cash and cash equivalents, $11.6 million of marketable securities, $27.3 million of inventory, and no short-term (or long-term) debt. The company’s product…

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Friday Oct 28, 2022 - 1:29 pm

InvestorNewsBreaks – Eloro Resources Ltd.’s (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Drill Program Unearths Significant Proportions of Precious Metals

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently released positive results from its fully financed drill program at its Iska Iska project in Bolivia. “Results from the company’s diamond drilling program – a process that uses diamond drills to extract solid cores deep within the…

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Wednesday Oct 05, 2022 - 9:52 am

InvestorNewsBreaks – Eloro Resources Ltd.’s (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Iska Iska Drilling Results Support Potential for High-Grade Silver and Tin

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced assay results from two additional diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. According to the update, one drill hole, DSB-31, tested the potential south-southeastern extension of the high-grade feeder zone at Santa Barbara while the second hole, DSB-33, tested the southwest…

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Monday Oct 03, 2022 - 12:06 pm

InvestorNewsBreaks – Why Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Is ‘One to Watch’

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is a publicly traded exploration and mine development company with a portfolio of gold and base-metal properties. “The company has an option to acquire a 99% interest in the Iska Iska Property, classified as a silver-tin polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department of southern Bolivia,” reads a recent article discussing the…

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Friday Aug 26, 2022 - 2:02 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) on Target to Own, Control ‘the Elements’ to Supply EV, Renewable Energy, Other Technology Manufacturers

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently entered into binding agreements to acquire 17 mineral concessions in Brazil. A recent article reads: “The acquisitions, located in the state of Bahia and total approximately 58 square miles, have the potential to provide UUUU’s White Mesa Mill with large quantities of rare-earth-element and uranium-bearing natural monazite sand for decades. “This is another very significant step in…

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Wednesday Aug 17, 2022 - 2:20 pm

InvestorNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) White Mesa Mill ‘Meets Definition of Domestic Clean-Energy Infrastructure’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based producer of uranium and vanadium and an emerging producer of rare earth elements (“REE”) products. “After concerns surfaced about the impact a Utah uranium mill [Energy Fuel’s White Mesa Mill] might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is ‘no evidence that implies the tailings…

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Monday Aug 08, 2022 - 9:51 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reports Second Quarter 2022 Results

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has filed its Q2 2022 financial results for the period ended June 30, 2022; the company also scheduled a webcast to discuss those results. The webcast is slated for Aug. 9, 2022, at 4 p.m. EDT. Highlights of the report show that Energy Fuels has a robust balance sheet with $134.1…

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Thursday May 26, 2022 - 9:58 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Elects Directors at Annual Meeting of Shareholders

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, held the election of directors at its annual meeting of shareholders. The meeting was held virtually on May 25, 2022. During the meeting, the 10 nominees that were proposed for election by management were successfully elected. Elections were held via both proxy and electronic poll. The newly elected directors are…

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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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