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NewsBreak Category: Mining
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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Thursday Apr 22, 2021 - 10:29 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Enters LOI to Acquire Acaponeta Gold Project

Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic-production mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has existing infrastructure, two mine sites and a facility capable of processing…

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Thursday Apr 22, 2021 - 9:49 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces High-Grade Silver Drill Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground expansion and exploration drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported further definition and expansion of the Guadalupe North, 623, NE-1 and NE-1S mantos. Results from underground drilling include 1,293 G/t silver equivalent over 6.5 metres. "Underground drilling at Platosa continues to delineate high-grade silver,"…

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Wednesday Apr 21, 2021 - 9:44 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Strengthens REE Position with Signing of MOU

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced that it has taken the next step in the development of a fully integrated U.S. rare earth element (“REE”) supply chain by signing a memorandum of understanding (“MOU”) with Hyperion Metals Limited. The MOU calls for Energy Fuels to receive natural monazite sands from Hyperion's Titan Project in Tennessee, which UUUU anticipates using to produce mixed rare earth…

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Tuesday Apr 20, 2021 - 2:14 pm

InvestorNewsBreaks – Why Perpetual Industries Inc. (PRPI) Is ‘One to Watch’

Perpetual Industries (OTC: PRPI) is an incubator for the development of innovative technologies aimed at commercializing products with the potential to impact and advance a wide range of industries on a global scale. The company’s leadership team is comprised of experts and trusted industry partners with the resources to provide essential components needed to drive projects from their initial stages through to novel end products.…

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Monday Apr 19, 2021 - 12:15 pm

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) Releases Assay Results from Quebec Project

First Energy Metals (CSE: FE) has announced assay results from its Augustus Lithium Property in Quebec. Derived from 24 grab and channel samples of varying lengths, assay results revealed up to 4.61% lithium oxide. The samples consisted of varying lengths and were taken from the Beluga Pegmatite Zone with a surface exposure of more than 100 meters wide and 250 m along a strike located at the Canadian…

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Friday Apr 16, 2021 - 12:30 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in Research Report

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was featured in a research report by H.C. Wainwright & Co. The piece covers ongoing wellfield development and resource delineation drilling at UEC’s Burke Hollow in-situ recovery (“ISR”) uranium project in Texas, as well as its fully funded physical uranium initiative. “We are reiterating our Buy rating on UEC and our…

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Friday Apr 16, 2021 - 10:37 am

InvestorNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Releases Annual Shareholder Letter

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, has shared its annual shareholder letter from CEO Sue Ozdemir. The letter provides a brief overview of the company’s development in the past year, including insight into its product technology and proprietary intellectual property, as well as outlining Exro’s growing partner…

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Thursday Apr 15, 2021 - 10:08 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Releases Q1 Production Results from Platosa Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced production results from its Platosa Mine located in Durango, Mexico; the results include results from first quarter 2021 compared to first quarter 2020. Highlights of the report include silver production increase of 11% to 328,747 oz. compared with 296,281 oz. in 2020, lead production increase of 11% to 2.1 million lb. compared to 1.9…

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Wednesday Apr 14, 2021 - 10:37 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Impressive PAA-1 Results at Burke Hollow ISR Project

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced its completion of an initial 40 development holes in the first production area ("PAA-1") of its Burke Hollow ISR Project in South Texas. "We are pleased with the drilling results to date, which continue to improve our understanding of the five Goliad Formation roll fronts or trends within PAA-1,"…

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Wednesday Apr 14, 2021 - 10:20 am

InvestorNewsBreaks – Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) Appoints Donald Taylor as President and CEO

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B) today announced its appointment of Donald Taylor, currently serving as a director of the company, as its president and chief executive officer, effective immediately. Maryse Belanger has resigned as CEO, president and a director of Augusta Gold for personal reasons. Taylor, currently chief executive officer of Titan Mining Corporation, has extensive experience spanning 30 years in mineral…

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Monday Apr 12, 2021 - 1:36 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Collaborates to End 20-Year Drought with New Initiative

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Neo Performance Materials (TSX: NEO) in an initiative that will see feedstock from the United States being used to manufacture separated rare earth (“RE”) materials outside China for the first time in over 20 years. “A leading U.S.-based uranium mining company, Energy Fuels, has been working with Neo for almost a year in a technical…

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Friday Apr 09, 2021 - 10:23 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Closes Direct Offering, Reports on Financial Status

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, announced that it has closed on its recent registered direct offering. The previously announced offering included an aggregate of 3,636,364 shares of UEC common stock, sold at a purchase price of $3.30 per share, for potential gross proceeds of $12 million for the company. The offering was sold according to an April 5, 2021, securities…

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Tuesday Apr 06, 2021 - 11:18 am

InvestorNewsBreaks – Perpetual Industries Inc. (PRPI) Announces Completion of Software System Acquisition

Perpetual Industries (OTC: PRPI), an incubator for the development of innovative, energy-efficient technologies aimed at commercializing products that have the potential to impact and advance a wide range of industries on a global scale, has completed its acquisition of the AutoGrafic Software System. AutoGrafic is a software as a service (SaaS) and social application that uses cutting-edge technology to host a myriad of aspects for…

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Tuesday Apr 06, 2021 - 10:15 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Expansion of Physical U3O8 Initiative, Registered Direct Offering

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced that it has secured an additional 705,000 pounds of U.S.-warehoused uranium, with delivery dates out to December 2022. Including previously contracts to acquire 1,400,000 pounds of uranium concentrates, Uranium Energy has entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume-weighted average price…

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Thursday Apr 01, 2021 - 12:39 pm

InvestorNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Commences Drilling at Rio Loa, Preps to Advance Multiple High-Priority Projects

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company that acquires and explores mineral resource properties, recently mobilized a drill crew and commenced its phase 1 drill campaign at Rio Loa. With the company anticipating that the Rio Loa Project could deliver impressive results, an article about the prospects reports that this is just one of GoldHaven’s promising assets. “One of GoldHaven’s high-priority…

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Wednesday Mar 31, 2021 - 11:02 am

InvestorNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Calgary Facility with Automotive Class Manufacturing Capabilities

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, unveiled plans for a new Calgary-based facility that will have the capability to produce up to 100,000 Coil Driver products with automotive industry certifications annually. Scheduled to open late Q4 2021, the 37,000-square-foot structure will include production lines, product showrooms and…

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Tuesday Mar 30, 2021 - 12:05 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Increases Upcoming Stock Dividend

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that its management and board of directors have approved an increase in the upcoming stock dividend. According to the update, the restricted common share dividend will be distributed on the basis of one dividend share for every 45 shares owned to AABB shareholders of…

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Tuesday Mar 30, 2021 - 11:16 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in Bell2Bell Podcast

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was featured in The Bell2Bell Podcast, a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. Uranium Energy’s CEO and President, Amir Adnani, joined the latest episode to discuss the company’s recent news and milestones, which include strengthening of its balance sheet that totals close…

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Monday Mar 29, 2021 - 3:22 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Receives ‘Buy’ Rating from H.C. Wainwright & Co.

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, recently announced the close an offering of 10 million shares, resulting in an estimated $30.5 million for the company. According to the announcement, the company plans to use the funds to support its physical uranium purchase initiative as well as for general corporate and working capital requirements. Based on the company’s announcement, H.C.…

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Friday Mar 26, 2021 - 12:18 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) VP Presented Testimony at Senate Committee Hearing

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, has reported that Scott Melbye, UEC’s vice president and current president of the Uranium Producers of America, testified during a recent hearing for the U.S. Senate Committee on Energy & Natural Resources. The hearing was on March 25, 2021. During the hearing, Melbye noted his 36 years of experience in every facet of…

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Thursday Mar 25, 2021 - 12:49 pm

InvestorNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Eyes Strong Profit Potential with High-Priority Targets

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, has acquired seven advanced gold projects located in the prolific Maricunga Gold Belt in Northern Chile. Four of these are categorized as high-priority sites, positioning the company favorably as gold prices reached historic highs in 2020, topping $2,000 per ounce, and continue to trend upward. Wallet Investors projects that gold will rise over the…

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Monday Mar 22, 2021 - 12:10 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces 2020 Results and Transformative Year, to Host Webcast on March 23, 2021

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, today reported its financial results for the year-ended December 31, 2020. The company also announced that it will host a video webcast at 4:00 p.m. ET (2:00 p.m. MT) on Tuesday, March 23, 2021, to discuss its 2020 financial results and other corporate initiatives. Interested parties should visit https://ibn.fm/qE1UK to register for…

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Monday Mar 22, 2021 - 10:57 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Secures $30.5M in Registered Direct Offering

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, has closed its previously announced offering of an aggregate of 10,000,000 shares of common stock of the company. Per an update released today, Uranium Energy secured gross proceeds of $30,500,000 in the registered direct offering, with each of the shares sold at a purchase price of $3.05. The company offered and…

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Friday Mar 19, 2021 - 2:58 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Aims to Supply up to 50% of US Rare Earth Demand

Energy Fuels (NYSE American: UUUU) (TSX: EFR) expects to commence commercial production of rare earth elements (“REE”) in 2021 and is focused on supplying up to 50% of U.S. rare earth demand contained in a mixed REE concentrate over the next few years. The company set out to penetrate the REE market in April 2020 “to complement its core uranium product lines,” reads an article…

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Wednesday Mar 17, 2021 - 2:34 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Completion of Uranium Purchases, Additional Funding

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, has secured 800,000 pounds of additional U.S.-warehoused uranium; the shipment is comprised of a delivery in April consisting of 500,000 pounds and a second delivery scheduled for December consisting of 300,000 pounds; this uranium purchase follows a previously announced acquisition of 400,000 pounds. In total, UEC now has contracts to purchase 1,200,000 pounds…

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Wednesday Mar 17, 2021 - 12:28 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Annual, Q4 Financial Results

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has released its financial numbers for the three- and twelve-month periods ended Dec. 31, 2020. Fourth-quarter financial and operational highlights of the report include a 41% increase in revenues from Q4 2019 ($9 million this quarter compared to $6.4 million in 2019); a gross profit increase of 37%, from a loss in Q4 2019 to $1.6…

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Tuesday Mar 16, 2021 - 11:14 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Balance Sheet Update, Physical Uranium Initiative

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 six months ended January 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). The Form 10-Q filing, which includes UEC’s condensed consolidated financial statements, related notes and management's discussion and…

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Monday Mar 15, 2021 - 3:30 pm

InvestorNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Reaches Key Milestone Considered Essential Success Factor

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, looks poised to achieve success given its recent appointment of Chris Ford to the company’s advisory board. “Ford will be a significant contributor to the company’s Chilean operations,” reads an article discussing the appointment and GOH’s prospects. “The latest move is in line with GOH’s strategic ambition to attract robust talent pool as the…

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Monday Mar 15, 2021 - 10:58 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Expansion of Silver City Project in Germany

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has more than doubled its Silver City Project with the addition of three exploration licenses for Frauenstein, Mohorn and Oederan. The project now totals an estimated 34,150 hectares. The additional areas have historical records that show centuries of high-grade silver production to shallow depths and recent confirmation samples assaying multi-kilo silver and significant gold. Silver mining…

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Wednesday Mar 10, 2021 - 12:53 pm

InvestorNewsBreaks – Why Uranium Energy Corp. (NYSE American: UEC) Is ‘One to Watch’

Uranium Energy (NYSE American: UEC) is a Corpus Christi, Texas-based uranium mining and exploration company that controls one of the largest historical uranium exploration and development databases in the United States. The company’s acquired properties are primarily located within the U.S., including Texas, New Mexico, Colorado, Arizona and Wyoming. Through leveraging historical exploration data, UEC has been able to target and acquire properties that have…

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Tuesday Mar 09, 2021 - 11:33 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Characteristics of Gold-Backed Crypto Token

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today specified the characteristics of the company’s AABB Gold (“AABBG”) cryptocurrency wallet and token developed by Core State Holdings Corp. (“CSHC”). According to the update, the AABBG token is backed 100% by physical gold held by the company in several high security, private locations in Mexico.…

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Tuesday Mar 09, 2021 - 10:36 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Begin Commercial Recovery of Rare Earths in Coming Weeks

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading producer of uranium and critical minerals in the United States, today announced that the first shipments of natural monazite ore arrived this past weekend at the company's White Mesa Mill in Blanding, Utah. According to the update, the material was separated by The Chemours Company at its Offerman Mineral Sand Plant in Georgia and transported by…

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Thursday Mar 04, 2021 - 2:40 pm

InvestorNewsBreaks – Why Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Is ‘One to Watch’

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a producer of silver and base metals with precious metal exploration and development projects in Mexico, Idaho and Germany. Since its 1987 founding, the company has been advancing a precious metals growth pipeline focused on creating wealth for its stakeholders by realizing strategic opportunities in the silver and gold markets. A recent article discussing the…

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