Australian Team Develops Mining Technique That Uses Magnetic Fields Rather Than Digging

May 14, 2021 15:05:17

Scientists from the University of Exeter, the Technical University of Denmark, CSIRO (which is the national science agency in Australia) and the University of Western Australia have designed a new mining method that extracts minerals from hard rock ore using electric fields.

The method could replace the conventional digging technique, which causes significant effects to the environment. These include biodiversity loss, formation of sinkholes, deforestation, erosion and the contamination of ground, soil and surface water…

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NOTE TO INVESTORS: The latest news and updates relating to GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) are available in the company’s newsroom at http://ibn.fm/GHVNF

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Q1 2021 Financial, General Meeting Report

May 14, 2021 10:03:15

Excellon Resources (TSX: EXN, EXN.WT) (NYSE American: EXN) (FSE: E4X2) has released its financial report for first quarter 2021, the period ended March 31, 2021. The report included both financial and operational highlights. Among the financial highlights for the company was the announcement that revenues had increased by 76% to $9.8 million during Q1 2020 compared to $5.6 million in Q1 2020, and gross profit reached $1.8 million, a $3 million improvement over first quarter 2020, which posted a $1.2 million loss. The company also reported total cash cost net of byproducts per silver ounce payable decreased by 13% to $13.43 compared to $15.35 the same quarter in 2020 and AISC per silver ounce payable decreased by 7% to $24.34 compared to Q1 2020, which was $26.28 or $18.67 excluding non-cash items, the cash component of annual compensation grants and additional electricity costs associated with the mid-February polar vortex. The report noted EXN cash and marketable securities of $8.3 million on March 31, 2021 compared to $10.7 million on Dec. 31, 2020. In addition, company highlights included positive underground drilling results at the Platosa Mine, high-grade silver discovery at Silver City and drilling results confirming mineralization over 12 kilometers of strike within 36 kilometers of open strike potential, and doubling ground position at Silver City with the addition of 17,600 hectares of additional exploration licenses. In addition, the company noted that during its recent annual general meeting (“AGM”), shareholders voted in favor of items of business on the agenda. The shareholders also participated in the election of directors, which included Brendan Cahill, André Fortier, Laurence Curtis, Anna Ladd-Kruger, Craig Lindsay, Roger Norwich and Michael Timmins. “Our team in Mexico delivered a strong quarter, though with room for improvement,” said Excellon Resources president and CEO Brendan Cahill in the press release. “As previously disclosed, the polar vortex in February had a sizeable impact on our cost profile, though our team at Platosa did an excellent job mitigating the impact to a great extent. Additionally, we see room for improvement in metal recoveries, which will improve payable metals and byproduct credits. Looking toward the coming quarters, we are focused on continuing our drilling programs around Platosa and on the developing Platosa-style target 11 kilometers northwest at Jaboncillo, while we ramp up drill programs at Oakley and Silver City in the coming weeks.”

To view the full press releases, visit https://ibn.fm/KfLlp and https://ibn.fm/pZarP

About Excellon Resources Inc.

The vision of Excellon Resources is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. For more information about the company, please visit www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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

May 13, 2021 14:07:58

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 U.S. producer of uranium, a leading producer of vanadium and has launched a new fully integrated REE supply chain for the United States and Europe. Energy Fuels president and CEO Mark Chalmers was quoted in the article as he stated, “Energy Fuels is proud to produce the raw materials that make numerous clean energy and advanced technologies possible. And we do it all at the highest global standards for environmental protection.”

To view the full article, visit https://ibn.fm/fTdkO

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is an emerging player in the commercial rare earth business where its work is helping to reestablish a fully integrated U.S. supply chain. With a truly unique portfolio, Energy Fuels has more production capacity, licensed mines and processing facilities, and in-ground uranium resources than any other U.S. producer. It boasts diverse cashflow-generating opportunities, including vanadium production, uranium recycling and rare earth processing. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Top Canadian Mining Firms Honored for Their Sustainable Initiatives

May 13, 2021 14:05:27

IAMGOLD and Agnico Eagle have been selected by the Community of Interest Advisory Panel of the Mining Association of Canada to receive the Towards Sustainable Mining (“TSM”) Excellence Awards. The two companies are both major players in the Canadian mining sector and are being recognized for their inventive sustainability projects that are focused on environmental and community engagement.

TSM, which was established in 2004, supports mining companies in managing various social and environmental risks…

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NOTE TO INVESTORS: The latest news and updates relating to Asia Broadband Inc. (OTC: AABB) are available in the company’s newsroom at https://ibn.fm/AABB

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Silver: Returning to Germany Through A Winding History, from the Viking Era to Modern Technology

May 13, 2021 12:56:33
  • Germany has been integral to silver production historically, including the Rammelsberg Mine that produced for over 1,000 years continuously through 1988.
  • Excellon has a license to explore a massive land package, dubbed “Silver City,” after the heritage name for Freiberg (Silberstadt), spanning 341.5 square kilometers that has produced billions of dollars in silver from shallow depths.
  • Excellon is a first mover in Saxony, with the first drilling using modern technology cutting 1,042 g/t AgEq, while defining a major epithermal silver system over 12 kilometers.

If someone could do a flyby of the history of silver, they would cover the globe and witness annual production go from a few nuggets around 3,000 BCE to 800 million ounces in 2019 (https://ibn.fm/vofDl). From a time perspective, the majority of the journey would be spent throughout Europe where mining was integral to economies, empires and technical revolutions for centuries before Europeans landed in North American and silver production grew in Mexico. Germany, inclusive of the Rammelsberg Mine, where silver, copper and lead were mined continuously for over 1,000 years through 1988, was once a vibrant part of the industry; particularly after the Vikings had looted coastal Europe of most of its silver by 900 CE. Several contributing factors led to silver production all but disappearing in Germany today, although more days of Rammelsberg-like activity could lie ahead thanks to companies like Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) bringing modern…

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To see the supporting images, visit https://ibn.fm/gHB6X

For more information, visit the company’s website at www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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

May 13, 2021 11:44:24

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 Group report published by the U.S. Department of Energy.” The company controls the largest uranium resource base of fully permitted ISR projects in Texas and Wyoming of any U.S.-based producer and is also “investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.” These various exploits are geared towards fulfilling a specific objective, as CEO Amir Adnani noted: “Our main objective is to continue adding value to our shareholders and grow the company into the largest and most profitable uranium company in the United States.”

To view the full article, visit https://ibn.fm/wHA4D

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson Processing Facility, which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the US Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Deep-Sea Mining Prototype Retrieved as Tests Resume

May 12, 2021 14:35:01

Last week, Global Sea Mineral Resources (“GSR”) recommenced tests that may bring about the mining of battery metals from the floor of the Pacific Ocean. This was after the company managed to retrieve a mining prototype that had been stranded in the ocean.

The Belgium company revealed that its 25-ton mining robot, dubbed “Patania II,” had been disconnected from a 3.1-mile cable that connected it to the surface…

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NOTE TO INVESTORS: The latest news and updates relating to Uranium Energy Corp. (NYSE American: UEC) are available in the company’s newsroom at https://ibn.fm/UEC

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Uranium Energy Corp (NYSE American: UEC) Ideally Positioned to Contribute to Carbon-Free Energy Growth

May 12, 2021 12:13:40
  • World Nuclear Association notes that new nuclear builds offer advantages that extend beyond simply being clean, reliable source of energy
  • With growing demand for carbon-free energy production, growing reliance on nuclear seems certain
  • Uranium, the fuel most widely used to power nuclear plants, will become an increasingly vital mineral

While COVID-19 still looms as a potential threat in parts of the world, some positive signs indicate that the worst might be over. In its “World Nuclear Performance Report 2020,” the World Nuclear Association noted that, in a post-pandemic world, new nuclear builds offer advantages that extend beyond simply being a clean, reliable source of energy. Uranium Energy (NYSE American: UEC) stands ready to support and contribute to growth in the nuclear energy space.

“In 2020 the nuclear industry has been an essential part of the response to the coronavirus pandemic,” writes World Nuclear Association director general Agneta Rising in the preface to the report. “Despite the challenges of working in COVID-safe conditions, nuclear operators have ensured reactors have been available to…

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NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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

May 12, 2021 09:13:35

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced the results of drill hole LC21-12 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10-meter-wide zone with 1.11% lithium oxide (“Li2O”) at 110 metres (“m”) depth. In addition, there are anomalous values of other rare metals including average values of niobium (“Nb”) 99.78 parts per million (“ppm”), rubidium (“Rb”) 1,609.7 ppm, tantalum (“Ta”) 65.16 ppm, beryllium (“Be”) 200.7 ppm, and cesium (“Cs”) 60.55 ppm. Average value of iron (“Fe”) is 0.494%. “The first drill hole at Augustus Prospect exceeded our expectations in terms of width of the lithium zone, which was reported over six metres in a historical drill hole near this location,” said Gurminder Sangha, CEO of First Energy Metals. “We are very excited about having a wide lithium pegmatite near surface.”

To view the full press release, visit https://ibn.fm/JxNI2

About First Energy Metals LimitedFirst Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. Its goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metal and base metal sector. The company’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time. For more information about the company, visit www.FirstEnergyMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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A Few Uses for Silver You Probably Didn’t Know

May 11, 2021 14:05:28

Silver is a common element, and while it isn’t as popular as gold, which is often used as a store of value, it has plenty of uses. These include its use as a general-purpose disinfectant and a preservative for liquids and foods.

In addition to this, silver has many properties as well, including the following…

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NOTE TO INVESTORS: The latest news and updates relating to GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) are available in the company’s newsroom at http://ibn.fm/GHVNF

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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First Company to Mine Plastics Debuts on Toronto Stock Exchange

May 10, 2021 10:35:35

Despite more people in the world adopting more sustainable ways of living, it is still not enough, it seems, given that less than 9% of plastic waste globally is recycled. Additionally, in spite of efforts by municipalities and governments to offer monetary incentives, the amount of plastics that aren’t recyclable grows by a considerable fraction annually and finds its way into our food, seas and even our bodies.

It seems straightforward, then, to rid ourselves and the world of plastic altogether, does it not? However, this discussion is much larger than us, as we’d first need to find a way to recycle all of the plastic produced globally…

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NOTE TO INVESTORS: The latest news and updates relating to First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) are available in the company’s newsroom at https://ibn.fm/FEMFF

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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

May 7, 2021 13:58:12

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 in-situ recovery (‘ISR’) technology at its fully licensed projects. The company’s resource base of fully permitted ISR projects is the largest of any U.S.-based producer. These projects and the green technology they utilize have situated the company to capitalize on the world’s demand for more uranium and carbon-free energy.” The increased interest/demand has also positively impacted uranium stock, sending them “on a rebound after a downturn that has spanned many years.”

To view the full article, visit https://ibn.fm/ax13F

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson Processing Facility, which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the US Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Opposition to Mining in the U.S. May Affect Energy Transition

May 7, 2021 12:05:15

report prepared by an environmental not-for-profit organization known as the Institute for Sustainable Futures for Earthworks proposes that recycled metals may help meet a huge chunk of the steadily growing demand of electric cars.

The report centers on copper, nickel, lithium and cobalt, which are all important lithium-ion battery ingredients. It proposes that recycling metals could decrease mined demand for copper, nickel, cobalt and lithium two decades from now…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

As U.S. Prepares to Fix Production Gap, Uranium Energy Corp. (NYSE American: UEC) Further Grows Only Recent U.S. Uranium Discovery

May 7, 2021 09:35:44
  • Despite consuming 27% of the world’s uranium requirements, the U.S. produces virtually no uranium
  • Texas-based Uranium Energy Corp. has more than 100 million pounds of uranium in the ground in its portfolio, in addition to 2.1 million pounds of warehoused physical uranium inventory
  • UEC recently completed 40 development holes at its flagship Burke Hollow project, adding data to what potentially is the largest Goliad Formation deposit ever discovered in the South Texas Uranium Trend

Currently, U.S. uranium production is practically nonexistent: Most of the country’s requirements are from foreign sources with almost half coming from Former Soviet Union countries, including Russia, Kazakhstan and Uzbekistan state owned enterprises. This is a supply/demand imbalance of epic proportion, considering the U.S. operates the largest fleet of nuclear reactors in the world and consumes about 27% of the world’s uranium requirements. For the first time in 48 years, politicians on Capitol Hill are lending bipartisan support to nuclear energy. Coupling national security exposures with federal mandates to implement additional clean energy, Uranium Energy (NYSE American: UEC) is further advancing its portfolio of uranium projects in the U.S.

In December, an omnibus spending bill passed by Congress provided what UEC Chairman and former U.S. Energy Secretary Spencer Abraham called a…

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NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Opposition to Mining in the U.S. May Affect Energy Transition

May 6, 2021 14:05:37

As more countries around the world adopt the use of electric vehicles and that of sustainable energies, the disconnect between the crucial need for various minerals required for the batteries of electric cars as well as the advancement of wind and solar power, and the processes used in mining to extract said minerals, grows larger. This is mainly because these processes negatively impact the environment, which may likely become a public bone of contention.

With the Biden/Harris administration striving to achieve its Green New Deal-related goals, which propose an end to internal combustion engines and the use of fossil fuels as well as an energy transition to electric cars and renewables, priorities and policy goals may begin to clash…

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About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.