Archives: MiningNewsWire

March 23, 2023 14:07:44

Canada Nickel’s (TSX.V: CNC) (OTCQX: CNIKF) chair and CEO Mark Selby recently joined Proactive’s Natalie Stoberman to discuss the company’s latest milestones at its Anglo American, Texmont and Reid Nickel projects. The announcement reads, “Canada Nickel Company is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt and NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt and iron products.”

To view the full interview, visit https://ibn.fm/7SMcu

About Canada Nickel Company Inc.

Canada Nickel is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM) and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.

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

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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

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MiningNewsWire
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www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Morgan Stanley Report Forecasts Renewable Energy Will Replace Coal by 2033

March 23, 2023 13:05:59

A report by Morgan Stanley published last month predicts that by 2033, coal-fired power plants will be replaced by renewable energy. The American multinational investment management and financial services firm helps mobilize capital to help corporations, governments, institutions and individuals around the globe achieve their financial goals.

The article states that renewable energy such as wind and solar power will provide almost 40% of electricity in America by 2030. This is expected to increase to…

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Reports on Commissioning Process During Proactive Interview

March 23, 2023 10:53:31

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability, is reporting on the commissioning of its demonstration plant in Kingston, Ontario. Ucore Rare Metals CEO Pat Ryan was a featured guest on a recent Proactive episode. Hosted by Steve Darling, Proactive offerings provide a unique tech-enabled platform empowering companies globally with a comprehensive investor engagement solution across their business lifecycle. During the interview, Ryan discussed the commissioning of the plant, which has been designed to provide the advantages of its RapidSX technology platform as the company moves to a mid-market metals separation tech provider. Ryan also talked about the company’s proprietary RapidSX, which is separation technology resulting in the production of commercial-grade, separated rare-earth elements. According to Ryan, the full-scale production plant is scheduled to initially process 2,000 tons of total rare earth oxides by the end of 2024, and then projections show plant production increasing to 5,000 tons in 2026.

To view the interview, visit https://ibn.fm/J7xfw

To view the full press release, https://ibn.fm/AKS1h

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in southeast Alaska. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of Ucore’s heavy-rare-earth-element, mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. To learn more about the company, visit www.UCore.com

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

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 millions of social media 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 844-397-5787 (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
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www.miningnewswire.com
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Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) 52%-Owned McEwen Copper Releases ‘Exciting Results’ from Los Azules Copper Project Revealing Continuity of Mineralization

March 23, 2023 08:50:00

McEwen Mining, a diversified gold and silver producer with operations in the Americas, owns 52% of McEwen Copper and its Los Azules Project in San Juan, Argentina
McEwen Copper has reported initial exploration and solid delineation results that have similarities to world class porphyry copper deposits in Chile and Peru
Exploration results (AZ22174) include 1,052 m of continuous copper mineralization to the end of the hole implying extensions of the deposit to the north and at depth
Delineation results (AZ23191) revealed copper continuity in the core of the deposit, with some of the highest grades reported to date
McEwen Copper will release an update of results from its extensive drill program of more than 25,000 m in 75 new holes in the near future

McEwen Copper, the base metal developer 52% owned by McEwen Mining (NYSE: MUX) (TSX: MUX), recently reported infill and step-out exploration drilling results at its 100%-owned Los Azules Project in Argentina. Los Azules, a large porphyry copper-gold-silver deposit with considerable growth potential, has many characteristics comparable to world-class deposits in South America. Interestingly, while its ultimate depth and lateral extent are unknown, the project is already ranked as the world’s 9th largest undeveloped copper project (https://ibn.fm/7ettb).

The reported assay results include one drill hole from exploration and one from the delineation. The exploration program targets increasing known mineralization further to the north and at depth. The delineation program seeks to reduce geological and resource modelling risk prior to…

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

About MiningNewsWire

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Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Mining Interest in Fertilizer Production Increases

March 22, 2023

March 22, 2023 13:12:08

Anglo American recently announced its revival plans for the former Sirius Minerals mine. This comes as more miners turn to the growing fertilizer market. The global fertilizer market is still being rehabilitated a year after Ukraine was invaded by Russia. The primary reasons for this are the fact that Belarus and Russia are huge fertilizer exporters and that increasing gas prices have affected ammonium nitrate and urea prices, which are key fertilizer inputs.

For instance, the price for potash shot up from about $250 per ton at the start of 2022 to almost $1,200 per ton by the end of last year. Potash is a potassium-rich salt and…

About MiningNewsWire

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Appoints New Members of Management Team

March 22, 2023

March 22, 2023 12:22:47

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has announced changes to its executive and management team as a key component to the transition to its production model. The company named rare earth industry veteran Geoff Atkins as vice president of business development; former Innovation Metals Corp. RapidSX(TM) platform design manager Jaan Hurditch, CEng, as engineering director; and entrepreneur, scientist and government relations expert Dr. Ahmad Hussein as government liaison and a member of the Advisory Board. These appointments come as Ucore is focused on the deployment of its RapidSX technology platform for the separation of heavy and light rare earth elements, the development of its planned Strategic Metals Complex REE processing facility plant in Louisiana, and securing upstream and downstream partnerships to support these endeavors. “One of the key pillars of our business model includes building the right team to execute a fundamentally sound economic business plan underpinned by the best available technology,” said Ucore Rare Metals chair and CEO Pat Ryan, PEng, in the press release. “The recent additions to the Ucore team allow the company to strengthen and advance this fundamental corporate tenet as Ucore executes its transition to a technology company entering into a production environment throughout 2023 and 2024. We sincerely welcome Geoff, Jaan, and Ahmad to our remarkable Ucore team.”

To view the full press release, https://ibn.fm/4CKfT

About Ucore Rare Metals Inc.

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

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 millions of social media 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 844-397-5787 (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.

121 Mining Investment is in Las Vegas To Offer Two Days of Investment Meetings and Exceptional Market Analysis

March 22, 2023

March 22, 2023 08:50:00

121 Mining Investment Las Vegas (28-29 March) offers junior resource companies and investors from the mining spectrum a unique platform to connect and network for future growth and key business prospects.

The CEOs from 55 vetted natural resource companies are heading to bustling Las Vegas to present project updates and meet over 150 investors for…

To learn more, please visit https://ccw.fm/KZDQW

About MiningNewsWire

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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
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www.miningnewswire.com
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Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Slave Lake Zinc Corp. (CSE: SLZ) Eyes Potential for ‘Critical Metal’ Exploration Targets at O’Connor Lake Project

March 21, 2023 15:00:30

Slave Lake Zinc (CSE: SLZ) today announced its continued identification of exciting new exploration targets at the O’Connor Lake project. According to the update, the company’s review of historical drill logs indicates that the extensive drill program testing zinc – lead deposits at the original discovery, MWK number 1 vein, also reported intersecting pegmatitic dykes and pegmatitic granite in multiple drill holes. As part of the proposed summer work program, Slave Lake intends to locate the old core to determine if sampling it for lithium is feasible after this length of time. “This recent information demonstrates that pegmatite granite systems are widespread on our property,” said Ritch Wigham, CEO of Slave Lake. “It is important to note that only preliminary study of these pegmatites was ever done, and only then because they were associated with the structures being explored for zinc and lead prior to 1952. As we continue to focus on further exploration for high-grade zinc, lead and copper within our large property, we will also sample for lithium and other critical metals in all pegmatitic material that we encounter. As a result, Slave Lake has a unique opportunity to have prospectivity for multiple ‘critical metal’ exploration targets.”

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

About Slave Lake Zinc Corp.

Slave Lake Zinc intends to develop the potential of its O’Connor Lake property, an historic zinc lead copper property located in the Northwest Territories of Canada. The property is located south of Great Slave Lake and to the east of Pine Point project. The property was initially developed after the Second World War and subsequently abandoned in 1952 when the prices of zinc and lead collapsed post war. Slave Lake Zinc Corp. believes that it is well positioned to advance this project and to expand significantly the historic potential of the property. For more information, please visit www.ZincCorp.ca.

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 millions of social media 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 844-397-5787 (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.

Analysts Warn That China’s Coal Surge Is Jeopardizing Global Climate Goals

March 21, 2023 12:53:48

Several countries have pledged to cut down and ultimately stop their use of coal in energy generation amid global efforts to reduce greenhouse carbon emissions and halt climate change. The need for cleaner power generation means, such as solar and wind, has grown even greater in recent years as climate change has caused extreme weather events across the world such as wildfires and extreme cold.

However, China has spent the last few months…

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Featured in Latest Bell2Bell Podcast Episode

March 21, 2023 11:51:33

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) CEO and chair Pat Ryan is in the guest spotlight during the most recent release from The Bell2Bell Podcast, a series of informative updates and exclusive interviews with executives operating in fast-moving industries. Ucore Rare Metals is a critical metals separation technology company executing an ESG-centered plan toward establishing a comprehensive North American critical metals supply chain. During the interview, which was hosted by Stuart Smith, Ryan shared his own background and experience, which prepared him for his current leadership role at Ucore. He also talked about the company and its focus on limiting Western reliance on Chinese supply chains amid rising demand for critical metals. In addition, the company exec discussed recent Ucore milestones and achievement. “When the pandemic hit, the approach toward globalization became a little more localized, and that created an opportunity, particularly with renewable energy,” said Ucore Rare Metals CEO and chair during the episode. “In 2022, as supply chains started to normalize, our team really focused on taking the technology that we had acquired and developing a commercial demo plant that allows us to run campaigns, measure various metrics and understand what the technology can do. . . . That plant is now running in Kingston, Ontario, Canada. We also worked on upstream relations with U.S.-friendly rare earth concentrate companies looking for an ex-China solution because of rising geopolitical tensions. . . . These all provide really good inputs for our first separation plant, which is targeted for Louisiana.”

To view the full interview, visit https://ibn.fm/VgT4G

To view the full press release, visit https://ibn.fm/5P8lC

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in southeast Alaska. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in Louisiana, subsequent SMCs in Alaska and Canada, and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. To learn more about the company, visit www.UCore.com

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

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 millions of social media 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 844-397-5787 (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.

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned to Advance Los Azules, Address Rising Demand for Copper

March 21, 2023 09:20:32

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich, diversified gold and silver producer in the Americas. “McEwen Mining is positioned to help address the rising demand for copper [related to the renewable energy transition] through its subsidiary, McEwen Copper, owner of the Los Azules deposit in Argentina. Los Azules is believed to be the 9th largest undeveloped copper resource in the world and, according to McEwen Mining and McEwen Copper, could easily be the world’s next copper unicorn,” explains a recent article. “In a 2017 PEA, Los Azules was designed to be an open pit mine with a 36-year life. However, indications are that the project could become even larger with a longer life since only 55% of the known copper resources are to be mined. Numerous drill holes have shown strong copper mineralization extending below the designed pit bottom. The average annual production for the first 13 years in the 2017 PEA expects production to average 415 million pounds of copper – the price of copper today is over $4.00 per pound… Following its most recent capital raise, McEwen Copper is well funded to advance the Los Azules Project and expects the publication of an updated PEA during H1 2023.”

To view the full article, visit https://ibn.fm/Sb14T

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 52% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen’s chair and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

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

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 millions of social media 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 844-397-5787 (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
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www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Copper Sales Help Ivanhoe Register Record 2022 Profits

March 20, 2023

March 20, 2023 13:12:06

Canadian mining company Ivanhoe Mines saw its profits from last year soar due to record copper sales. A recently published statement from the mining firm revealed that it sold 323,733 tons of payable copper last year and generated a record annual revenue of $2.15 billion. Ivanhoe’s total profit for the year stood at a whopping $434 million and could primarily be attributed to the company’s Kamoa-Kakula joint venture, which brought in around $405 million.

In the south of the Democratic Republic of Congo in the Kolwezi District of Lualaba, the Kamoa-Lakula Copper Complex produced more than…

NOTE TO INVESTORS: The latest news and updates relating to Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) are available in the company’s newsroom at https://ibn.fm/AZMCF

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Ramping Up Proprietary REE Processing Solution, Plans for Mine Prospect as China Tech War Grows Hotter

March 20, 2023

March 20, 2023 08:05:00

Rare earth element (“REE”) processing solutions developer Ucore Rare Metals Inc. is preparing to demonstrate the prowess of its proprietary RapidSX (TM) technological advantage as an improvement over standard REE ore separation processes
REE production has become a matter of strategic importance to American industries and tech-based military applications, as China has built global control of vital REE markets and demonstrated a willingness to stop REE exports during international disputes
Ucore is preparing to launch construction of a Strategic Metals Complex (“SMC”) in Louisiana later this year after demonstrating RapidSX (TM) potential at its Canadian base
Ucore’s SMC will be the first in a series of processing facilities drawing on “allied” Western ore sources for rapid throughput of REEs to market in North America
The company also owns an REE mine prospect in Alaska that it intends to start up once financing is secured

Tensions in an evolving tech war between the United States and China grew this month as the Netherlands announced it would agree to limit the export of “advanced” semiconductor manufacturing equipment (https://ibn.fm/aOAju) as a result of an agreement it quietly ratified with Japan and the United States in January (https://ibn.fm/W4aJe).

The export limits, which tacitly are aimed at restraining China’s world dominance in mining resources for next-generation technology used in everything from cell phones and electric vehicles to military assets, demonstrate the cooperative efforts Western governments and industries are undertaking to prevent…

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

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MiningNewsWire is part of the InvestorBrandNetwork.

US Banking Sector Turmoil Gives Precious Metals a Market Boost

March 17, 2023

March 17, 2023 10:30:55

The precious metals market experienced a boost amid a recent banking crisis that has seen three major banks become insolvent. Gold prices rose to more than $1,900 per ounce and nearly reached the $2,036 per ounce high seen in July 2020 in the wake of the third-biggest bank failure in America’s history.

After consecutive interest rate hikes by the U.S. Federal Reserve caused the value of Silicon Valley Bank’s investments in long-term, higher-yield, mortgage-backed bonds and…

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UK Grid Operator Turns on Coal Units as Power Shortage Grows

March 16, 2023

March 16, 2023 14:51:57

United Kingdom grid operator National Grid ESO is turning to its reserve coal power units to cover electricity shortages amid a crippling energy crunch that has seen several countries across the European Union struggle to maintain their energy supply. A statement from the National Grid revealed that it had synchronized two coal facilities at its West Burton coal plant to the national grid.

This is despite the fact that the…

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gives Officials Tour of Demo Plant, Provides Trial Update

March 16, 2023

March 16, 2023 14:41:16

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) hosted dozens of industry and government officials at its RapidSX(TM) Demonstration Plant, which is designed for the separation of both heavy and light rare earth elements (“REEs”). Visitors toured the plant, which is located in the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”), and participated in presentations outlining the operational advantages of Ucore’s RapidSX(TM) 52-stage REE separation processing system. In addition, the company discussed its unique ability to qualify original equipment manufacturers planned product requirements and outlined the next stages of commercial deployment activities made possible by the design and function of the demo plant. The company also noted that it successfully completed the first phase of extraction circuit testing during its SX-1 synthetic monazite trials; the trials were conducted at the demo plant. According to the announcement, SX-1 separates the heavy REE from the light REE; results from the trial showed that the target separation was achieved and could actually be enhanced by tuning operational parameters, which was objective of the commissioning trials. “Ucore recently had a tremendous opportunity to meet with and demonstrate our precise plan of establishing an independent REE supply chain to current and prospective industry and government partners at the CDF,” said Ucore Rare Metals vice president and COO Mike Schrider in the press release. “We have assembled a remarkable team to develop the Demo Plant and, in parallel, the full-scale facility in Louisiana. The RapidSX™ technology platform assembly, commissioning, and demonstration process results learned in Kingston will continue to be directly applied to our planned Louisiana SMC and other planned SMCs – one of which is destined for Canada.”

To view the full press release, visit https://ibn.fm/56KjH

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in southeast Alaska. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in Louisiana, subsequent SMCs in Alaska and Canada, and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. To learn more about the company, visit www.UCore.com

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

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 millions of social media 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 — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Exec Featured on Gamechangers LIVE Podcast

March 16, 2023

March 16, 2023 14:02:58

McEwen Mining (NYSE: MUX) (TSX: MUX) chair and chief owner Rob McEwen is a guest on a recent episode of the Gamechangers LIVE podcast series. McEwen Mining is an asset-rich, diversified gold and silver producer in the Americas with a large exposure to copper. During the interview, McEwen shared with host Sergio Tigera about how he landed in the gold industry, noting that his father introduced him to the “role of gold as a store of wealth” when he was a teenager, teaching his son that gold would play a significant role in financial portfolios in the future as currencies were being debased by governments issuing fiat currency and incurring unsustainable levels of debt. Gamechangers LIVE is a series of interviews that spotlights individuals who are gamechangers in their fields. Featured guests share their journeys, mindsets, struggles and successes in an effort to inspire and inform listeners. “Over the years, I was fortunate to meet a number of individuals who were serial discoverers of large mineral deposits,” said McEwen Mining chair and chief owner Rob McEwen during the interview. “It was their record of discoveries that led me to believe there were many more discoveries still to be made and inspired me to jump out of the investment industry and into the mining industry to see if I could also climb up into that jet stream. . . . I came into the mining industry as an owner and CEO, looked around and had a lot of questions about why things were done a certain way. . . . Most of the people in the mining industry have degrees in geology and mining engineering. I did not. I came from the investment industry, so my perspective was different. I found myself questioning some of the fundamental assumptions of the mining industry and seeing opportunities that were not apparent to many in the industry. Our Goldcorp Challenge in year 2000 broke many of the practices of mining and was a pioneer in online incentivized crowd sourcing.”

To view the full interview, visit https://ibn.fm/cS7nZ

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

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen’s chair and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

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 millions of social media 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 – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Reports on Nickel Recoveries, Acquisition Completion

March 15, 2023 13:54:53

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is reporting on robust nickel recovers from the initial metallurgical test conducted on a sample from the Reid property. Based on the report, the test at Reid delivered the highest-grade nickel sulphide concentrate achieved by Canada Nickel thus far; results also indicated an overall nickel recovery of 63% with half of recovered nickel reporting to nickel sulphide concentrate grading 60%. According to the announcement, the test used the same mineral processing flowsheet designed for the company’s flagship Crawford Nickel Sulphide project, which is located about 15 kilometers from the Reid project. Canada Nickel also announce that it closed on the acquisition of a 100% interest in the Texmont property, which includes 14 mining leases; the property is situated between CNIKF’s Deloro and Sothman properties south of Timmins, Ontario. “We are very pleased by this first test at Reid, which achieved an overall nickel recovery of 63% and achieved expected or better than expected nickel, iron, and chromium concentrate grades,” said Canada Nickel chair and CEO Mark Selby in the press release. “While it is early days at Reid, these results, achieved using the standard flowsheet developed for Crawford, demonstrate the potential to leverage our development work at Crawford, across the portfolio of targets throughout our entire Timmins Nickel District. I am also very pleased to announce that we have closed the acquisition of the Texmont property, where our recently announced drill results support the potential for near-term, smaller scale, open pit production.”

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

About Canada Nickel Company

Canada Nickel is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM), and is also pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. The company provides investors with leverage to nickel in low political-risk jurisdictions. Canada Nickel is currently anchored by its wholly owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information about the company, visit www.CanadaNickel.com.

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

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 millions of social media 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 – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Positioned to Promote US Self-Sustainability, Creation of North American REE Supply Chain

March 15, 2023 11:01:39

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the separation and scalable production of rare earth metals (“REE”) in the U.S. and Canada, is focused on providing best-in-class metal separation products and services to the mining and mineral extraction industries. “To date, China has been the dominant leader in providing REE for industries, resulting in dangerous industrial leverage spanning military assets, electric vehicles, wind power generation, as well as mobile phones and others. However, with the rising tensions between the U.S. and China, Ucore is now positioned to create a North American REE supply chain, allowing the U.S. to become self-sustainable in the industry,” a recent article explains. “Acquired in 2020 by Ucore, Innovation Metals Corp. developed the RapidSX(TM) separation technology platform with early-stage assistance from the United States Department of Defense, which has resulted in the production of commercial-grade, separated REE at a pilot scale. RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (“SX”) with a new column-based platform that significantly reduces time to completion and plant footprint, and potentially lowers the capital required and operational costs. SX is the commercial separation technology standard for the international REE industry and is currently used by all REE producers worldwide for bulk commercial separation of both heavy and light REE.”

To view the full article, visit https://ibn.fm/6FU8f

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit https://ucore.com/corporateupdate.

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

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 millions of social media 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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Fed Rate Hike Expectations Cause Copper Price to Dip

March 15, 2023 10:18:22

Copper prices went down by 0.2% last week amid hawkish comments from the chair of the US Federal Reserve. Even though projections from late 2022 and early 2023 suggested that inflation levels would be lower this year, Fed chair Jerome Powell said during a recent interview that the U.S. central bank would most likely raise interest rates higher than expected to combat rising inflation.

Powell noted that the latest economic data indicated that the regulator would have to…

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Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Sees Stock Upgraded to the Toronto Stock Exchange Main Board

March 15, 2023 08:50:00

Eloro Resources saw its corporate listing upgraded to trade on the TSX exchange as of March 6, 2023
The uplisting to the TSX main board provides the company with access to greater stock liquidity and increases its visibility amongst larger institutional investors
The upgrade marks the latest feat for Eloro Resources, with the company having successfully completed a C$10.9mn capital raising in January
Eloro Resources are aiming to publish their initial resource estimates for their Iska Iska project by the end of 1Q 2023

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 revealed that the company had seen its corporate listing upgraded to trade on the TSX exchange from the TSX-V market as of Monday, March 6th, 2023. The upgrade to the TSX or Toronto Stock Exchange marks a significant milestone for Eloro Resources, enabling the company to access a broad array of new domestic and global investors which may have not previously been able to invest in the stock whilst simultaneously, opening up a new financing avenue for the firm.

The Toronto Stock Exchange (“TSX”) has long distinguished itself as the flagship Canadian stock market; however and typically, access to the market has been limited to well-established corporates boasting a market capitalization of over $50 million. On the other hand, the…

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

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Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Is ‘One to Watch’

March 15, 2023 08:05:00

Battery Mineral Resources is focused on the discovery, acquisition and development of battery metal projects in North America, South America and South Korea
The company’s flagship Punitaqui mine has the potential to generate an annual EBITDA of up to $50 million at or above a copper price of $4.25/lb. with production targeted for H2 of this year
BMR is working to secure final funding for the restart of mining and resumption of copper concentrate production from its Punitaqui complex; it in advanced discussions with several parties and has the goal of closing a funding agreement in the coming months
In the second half of 2022, BMI made significant progress toward increasing and improving its human and financial resources, as well as permitting, metallurgy and ESG initiatives
The company is strategically positioning itself to take advantage of renewed positive market sentiment for near term copper pricing

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is a battery minerals company providing shareholders exposure to the global mega-trend of electrification while being focused on growth through cash-flow, exploration and acquisitions in favorable mining jurisdictions.

The company’s mission is the discovery, acquisition and development of battery metals (namely copper, cobalt, lithium, and graphite) in North America, South America and South Korea. It aims to become a leading low-cost producer of high quality, ethically sourced battery metals from…

Read M ore>>

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

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Gold Spikes After Mixed US Jobs Report Released

March 14, 2023

March 14, 2023 11:53:24

The recently released U.S. jobs report revealed that the American economy added an additional 311,000 jobs in February. This was a significant reduction from the 504,000 positions created in January and represented an unemployment rate increase from 3.4% to 3.6%.

There was a 0.2% month-over-month increase in average hourly earnings, less than the key 0.3% threshold, and there was a…

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MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Fourth-Quarter, Year-End 2022 Report

March 14, 2023

March 14, 2023 10:23:02

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has released numbers for Q4 and year-end 2022, both for the period ending Dec. 31, 2022. Highlights of the report included MUX subsidiary McEwen Copper completing three tranches of financing, raising $81.9 million in total; production of 133,300 gold equivalent ounces; and the company’s Fox Complex and Gold Bar mines generating a cash gross profit of $19.2 million in 2022 and a gross loss of $0.5 million. In addition, the report noted that MUX had consolidated net loss in 2022 of $81.1 million, or $1.71 per share along with cash and liquid assets of $46.2 million on Dec. 31, 2022. The report noted its guidance for 2023 is 150,000 to 170,000 GEOs.“[Last year] was an important transition year for McEwen Mining,” said McEwen Mining chair and chief owner in the press release. “Our Fox operation in Timmins showed the largest improvement from 2021, with a 22% increase in gold production, 8% lower cash costs per ounce and steady all-in sustaining costs per ounce. Our operation in Nevada has now transitioned production to our Gold Bar South pit, a new mining contractor has been instated, and production is increasing. Our McEwen Copper subsidiary reached several milestones during 2022 and early 2023, including building a seasoned Argentine management team, improving critical access to Los Azules with the completion of a second route to site, advancing technical studies, cementing our commitments to government and local stakeholders and welcoming two strategic investors: Nuton (a Rio Tinto Venture and part of the world’s secondlargest mining company) and Stellantis, the world’s fourthlargest automobile manufacturer and mobility provider.”

To view the full press release, visit https://ibn.fm/9as7Y

About McEwen Mining Inc.

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 millions of social media 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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Retired Franco-Nevada Chairman Sees Gold Reaching $2,400 by 2028

March 13, 2023

March 13, 2023 11:52:52

Chairman emeritus of Franco-Nevada and CEO of Fireside Investments Pierre Lassonde believes that gold will trade at as high as $2,400 per ounce by the year 2028. The precious metal will see its value soar as nations such as Russia get rid of the U.S. dollars they hold after the greenback was weaponized following the Kremlin’s invasion of Ukraine, Lassonde said.

The former chairman of gold-focused royalty and streaming company Franco-Nevada Corporation suggested that…

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McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) subsidiary McEwen Copper adds $30 Million Boost from Nuton LLC to recent Stellantis investment of $155 Million, Plans for subsidiary IPO

March 13, 2023

March 13, 2023 08:05:00

McEwen Mining subsidiary McEwen Copper has been gaining increased financial support as it develops a major copper mine opportunity in Argentina described as one of the 10 largest undeveloped deposits in the world
Mining giant Rio Tinto’s venture Nuton LLC has boosted last year’s $25 million investment into McEwen Copper with a new $30 million addition, all on top of the recent Stellantis investment of approximately $155 million
The project in Argentina’s San Juan province benefits from a mining-friendly government and population
The demand for copper is expected to continue to grow as a result of its importance to green energy transition efforts and ongoing challenges the metal’s supply stream faces

The strength of metals explorer McEwen Copper’s profile and of its parent company McEwen Mining (NYSE: MUX) (TSX: MUX) was further demonstrated recently by a second investment of $30 million, at $18.75 per share boost to an investment made by mining and metals giant Rio Tinto’s venture Nuton LLC. Nuton first invested $25 million last August, at $10 per share. as part of a private placement to help fund McEwen Copper’s development of its Los Azules Project in Argentina’s mining friendly province of San Juan (https://ibn.fm/cAKBx).

The Nuton investment is in addition to the recently announced closure of an investment by automotive multinational Stellantis, the world’s 4th largest automobile manufacturer, of approximately…

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

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MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Combining Time-Proven SX with New Platform to Process REEs

March 10, 2023

March 10, 2023 12:57:47

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S. The company is disrupting China’s dominance with its near-term processing facility in Louisiana, subsequent Strategic Metals Complexes (“SMCs”) in Alaska and Canada, and longer-term development of Boken Mountain on Prince of Wales Island, Alaska. This comes as current tensions between the U.S. and China have brought to light the urgency for North America to have its own REE processing alternatives. “Ucore’s RapidSX(TM) technology provides additional industry options for overcoming the dominance of China in processing REEs through its development of near-term and long-term processing facilities in North America,” a recent article reads. “The processing facilities will incorporate Ucore’s RapidSX(TM) technology, which combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces time to completion and plant footprint, as well as potentially lowering capital and operating costs. SX is currently the international REE industry’s standard commercial separation technology for bulk separation of heavy and light REEs. The commissioning process of Ucore’s RapidSX(TM) Demonstration Plant is underway in Kingston, Ontario.”

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

About Ucore Rare Metals Inc.

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

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 millions of social media 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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UN Agency Seeks to Curb Mercury Use in Gold Mining

March 10, 2023

March 10, 2023 11:40:54

Artisanal gold mining refers to small-scale mining operations that often use basic tools and methods to extract and process metals and minerals. These operations often rely on toxic methods and tools to mine gems and metals, with the miners themselves working in hazardous conditions with little regulation regarding health and environmental pollution standards.

According to planetGold program manager Ludovic Bernaudat, more than 100 million people earn their living from…

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Expert Says Buying, Closing Coal Mines More Cost-Efficient Than Experimental Carbon Capture Technologies

March 9, 2023

March 9, 2023 13:15:28

There has been an increased investment in sustainable energy sources such as solar and wind, as well as research into carbon capture technologies (CCP) in recent years. Carbon capture involves “capturing” carbon dioxide emissions from processes such as steel production and burning fossil fuels for energy, and then storing the CO2 in geological formations deep underground.

Over the past decade, the fossil fuel sector has spent millions of dollars lobbying federal lawmakers to provide billions of dollars for investment into…

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces 2022 Results, Emergence Among Leading US Producers of Critical Minerals

March 9, 2023

March 9, 2023 12:20:51

Energy Fuels (NYSE American: UUUU) (TSX: EFR) on Wednesday announced its financial results for the year ended Dec. 31, 2022. Among the highlights, the company reported a robust balance sheet with $116.97 million of working capital, including $62.80 million of cash and cash equivalents, $12.19 million of marketable securities, $38.16 million of inventory, and no debt. “2022 was an extraordinary year for Energy Fuels as we expanded our U.S. industry-leading uranium business and established a new, sustainable U.S. rare earth supply chain that is already commercially producing the most advanced rare earth material in the U.S. today,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “We believe we have clearly emerged as one of the leading U.S. critical mineral companies, producing many of the raw materials needed for the clean energy transition.”

To view the full press release, visit https://ibn.fm/4JLea

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based critical minerals company. The company mines uranium and produces natural uranium concentrates that are sold to major nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels recently began production of advanced rare earth element (“REE”) materials, including mixed REE carbonate, and plans to produce commercial quantities of separated REE oxides in the future. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. Its corporate offices are in Lakewood, Colorado, near Denver, and substantially all its assets and employees are in the United States. Energy Fuels holds two of America’s key uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, as well as REE products, from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The company recently acquired the Bahia Project in Brazil, which is believed to have significant quantities of titanium (ilmenite and rutile), zirconium (zircon) and REE (monazite) minerals. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101-compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. 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 millions of social media 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 – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Schedules Q4 and 2022 Results Conference Call

March 8, 2023

March 8, 2023 14:00:00

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today announced that it will host a conference call following the release of its Q4 and year-end 2022 financial results. The call is scheduled to begin at 11 a.m. ET on Tuesday, March 14, 2023, at which time management will discuss the company’s financial results and project developments, followed with a question-and-answer session. Interested parties should join the call by dialing (888) 330-2398 (toll-free in the U.S. and Canada) or (240) 789-2709 (outside the U.S. and Canada) and entering conference ID 6712. In addition, attendees should visit https://ibn.fm/tCMW6 to register for the event and https://ibn.fm/nmnPH to access the webcast. An archived replay will be available on the company’s media page approximately four hours following conclusion of the live event.

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

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 52% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen’s chairman and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

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

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 millions of social media 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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Report Reveals Central Banks Are Still Stockpiling Gold

March 8, 2023

March 8, 2023 13:29:33

The global economy has stagnated in recent years amid severe supply chain disruptions and geopolitical factors that exacerbated an already-existing energy shortage and caused energy prices to soar. Gold, which has traditionally acted as an inflation hedge by allowing people to preserve the value of their wealth, saw its performance stagnate in 2022 contrary to what investors would have expected.

Increasing inflation levels forced the U.S. Federal Reserve to increase benchmark interest rates for several consecutive months and encouraged investors to…

NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF

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Accidents in China’s Coal Mines Increase as Country Pushes for Higher Production

March 8, 2023

March 8, 2023 08:50:00

Over the last year, the number of accidents occurring at mines in China has increased considerably. Statistics from the government show that last week, at least 6 individuals lost their lives while 47 others remain missing days after an open pit mine in the northern region of Inner Mongolia in China collapsed.

Inner Mongolia is the second largest coal producer in all of China’s…

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UK Government to Avail $18M Funding for Rare Earths Recycling Research

March 7, 2023

March 7, 2023 13:37:06

The United Kingdom government has announced a major investment in technologies and techniques for recycling rare earth elements. Rare earth metals or elements are a group of 17 minerals that play a crucial role in the production of consumer electronics, computing equipment, medical imaging, defense systems and more.

As more countries move toward clean, renewable energy in a bid to combat climate change, rare metals will be critical in the development of…

NOTE TO INVESTORS: The latest news and updates relating to Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) are available in the company’s newsroom at http://ibn.fm/UURAF

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MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Assay Results Confirms Potential at Texmont

March 7, 2023

March 7, 2023 12:04:13

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is releasing assay results from its initial drill program at the Texmont property. The results, which are from the first 12 holes of the drill program, confirm high-grade, near-surface nickel mineralization. According to the announcement, the company has drilled 39 holes and 9,670 meters as it has completed the initial phase to support the development of a mineral resource at Texmont, which is located 36 kilometers south of Timmins; the mineral resource is expected to be delivered later this year. The drill results confirm the mineralization pinches out to the south but remains open to the north and at depth. The report also noted that further drilling to the north of the former mine shaft intersected thick sections of mineralized peridotite; however, assay results are not yet available for that portion. The announcement stated that this drilling is expected to be incorporated, along with historic drilling by Fletcher Nickel (which drilled 28,883 meters from 2006–2008) into an initial resource estimate to be released later this year. “We are excited by the results of our initial phase of drilling and assay results at Texmont, which confirm our thesis of near-surface, high-grade intervals of nickel that is present within thick mineralized sections, which support the potential for near-term, smaller scale, open pit production,” said Canada Nickel Company chair and CEO Mark Selby in the press release. “This near-term production potential is highly complementary to our large-scale Crawford and regional nickel sulphide project.”

To view the full release, visit https://ibn.fm/I2ymT

About Canada Nickel Company

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

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 millions of social media 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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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Develops North American Rare Earth Element Technology Amidst Tensions with China

March 7, 2023

March 7, 2023 08:50:00

Rising tension between the US and China requires the country to create new avenues of sourcing and processing REE for use in high-demand industries – increasingly pointing to a North American supply chain for REE facilitated by Ucore
Ucore’s Unmatched RapidSX(TM) technology combines conventional solvent extraction (“SX”) with a new column-based platform to significantly reduce time-to-completion as well as plant footprint, along with operating costs
The global REE market is currently around $10 billion – $15 billion per year, with REE being the most efficient form of material for EV motors, enabling $10 trillion to $15 trillion industry-wide for EV vehicles

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a rising company engaged in the separation and scalable production of rare earth elements (“REE”) in the U.S. and Canada, is focused on becoming the leading advanced technology company providing best-in-class metal separation products and services to the mining and mineral extraction industries. To date, China has been the dominant leader in providing REE for industries, resulting in dangerous industrial leverage spanning military assets, electric vehicles, wind power generation, as well as mobile phones, and others. However, with the rising tensions between the U.S. and China, Ucore is now positioned to create a North American REE supply chain, allowing the U.S. to become self-sustainable in the industry.

Acquired in 2020 by Ucore, Innovation Metals Corp. developed the RapidSX(TM) separation technology platform with early-stage assistance from the United States Department of Defense, which has resulted in the production of commercial-grade, separated REE at a pilot scale. RapidSX(TM) combines the…

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

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MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Leveraging Decades of Industry Experience to Develop World-Class Exploration Projects

March 6, 2023 14:36:50

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, advances precious and base metal deposits in Arizona. The company “started 2023 on a positive trajectory with plans to begin exploring outside its flagship Kay Mine copper-gold-zinc-silver asset located in Yavapai County, Arizona… AZMCF owns 100% of the Kay Mine property, which totals 1,300 acres and is not subject to royalties. During 2022, AZMCF received drill permits for both the central and western targets, completing approximately 33,000 meters of core drilling and initiating drilling on targets outside the deposit. The company was funded to complete the remaining 8,600 meters of its phase 2 program as of September 2022, and an additional 76,000 meters is planned for phase 3. Both phases aim to test numerous parallel targets west of the deposit, with plans to test additional targets on its northern and southern extensions,” a recent article reads. “The company leverages decades of industry experience to develop world-class exploration projects amid projected rising prices and supply shortages.”

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

About Arizona Metals Corp.

Arizona Metals Corp owns 100% of the Kay Mine Property in Yavapai County, which is located on a combination of patented and BLM claims totaling 1,300 acres that are not subject to any royalties. An historic estimate by Exxon Minerals in 1982 reported a “proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.” The historic estimate at the Kay Mine was reported by Exxon Minerals in 1982. The Kay Mine is a steeply dipping VMS deposit that has been defined from a depth of 60 m to at least 900 m. It is open for expansion on strike and at depth. The company also owns 100% of the Sugarloaf Peak Property, in La Paz County, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target and has a historic estimate of “100 million tons containing 1.5 million ounces gold” at a grade of 0.5 g/t (Dausinger, 1983, Westworld Resources).The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in 1983. The historic estimates for the Kay Mine and Sugarloaf Peak properties have not been verified as current mineral resources. None of the key assumptions, parameters and methods used to prepare the historic estimates were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a “qualified person” (as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects) before the historic estimates can be verified and upgraded to current mineral resources. A qualified person has not done sufficient work to classify these as current mineral resources, and Arizona Metals is not treating the historic estimates as current mineral resources.

Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client.

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

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 millions of social media 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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Indonesia Charts Own Path to Dominate Nickel Supply

March 6, 2023 13:54:47

Indonesia has been a major player in the global mining industry for quite a while. Since 2006, mining has contributed to an increasingly larger share of Indonesia’s GDP, thanks to significant exports of copper, coal, nickel, gold, bauxite and tin.

Indonesia accounted for close to 20% of global nickel exports before its government imposed a ban on the sale of…

NOTE TO INVESTORS: The latest news and updates relating to Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) are available in the company’s newsroom at http://ibn.fm/CNIKF

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MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Inc. Announces Strong Exploration Drilling Results at Los Azules

March 6, 2023 12:41:28

McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today announced new copper values over extensive widths resulting from infill and step-out exploration drilling at its Los Azules Project. A large porphyry copper-gold-silver deposit, Los Azules holds considerable growth potential, where its ultimate depth and lateral extent remain to be determined. “Strong team performance is accelerating our Los Azules program in 2023,” said McEwen Copper’s VP and General Manager Michael Meding. “Exciting results in hole AZ22174 highlight the potential of exploration to create additional value for McEwen Copper, and continuity of mineralization in the infill program is de-risking our mineral resource.”

To view the full press release, visit https://ibn.fm/FNYz0

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 52% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen’s chairman and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

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

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 millions of social media 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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McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Commitment to Electrifying Transport Receives Boost Following Subsidiary’s Closure of ARS $30 Billion Investment by Automotive Multinational Stellantis

March 6, 2023 08:05:00

McEwen Mining is an asset-rich diversified gold and silver producer in North and South America and has a large exposure to copper through its subsidiary, McEwen Copper
McEwen Copper recently closed an investment by FCA Argentina S.A., a subsidiary of multinational automotive juggernaut Stellantis
Valued at about USD 152.149 million, at the current official exchange rate of 0.0051 ARS/USD, the investment will help McEwen Copper advance the development of its 100% owned Los Azules copper project in Argentina
McEwen Copper hopes to electrify and decarbonize mobility by quenching the growing demand for copper within the electric vehicle industry; thus, earning the attention of and investment by an automotive company may go a long way in making this a reality

McEwen Copper Inc., a subsidiary of McEwen Mining (NYSE: MUX) (TSX: MUX), recently closed an ARS 30 billion (approximately USD 152.15 million at the prevailing 0.0051 ARS/USD official exchange rate) investment by FCA Argentina S.A., a subsidiary of Stellantis N.V. (NYSE: STLA). Stellantis is a renowned multinational automotive corporation and owner of such iconic brands as Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Jeep, Fiat, Maserati, Peugeot, and more (https://ibn.fm/h6SsQ).

The investment was closed on February 24, 2023, in a two-part transaction that consisted of a private placement of 2,850,000 common shares of McEwen Copper and the purchase of 1,250,000 common shares of McEwen Copper owned by McEwen Mining in a secondary sale. Proceeds from the…

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

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MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Signs Agreements Outlining Community Social Initiatives at Punitaqui Project

March 3, 2023 15:30:02

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) has completed agreements with the Comunidad Agricola Potrerillos Alto and the Comunidad Agricola Punitaqui regarding community and social initiatives at its Punitaqui project. According to the announcement, the Potrerillos community is near BMR’s Cinabrio mine assets, and the agreement gives the company permission to conduct surface exploration consisting of a ground magnetic survey, geological mapping, and sampling as well as permission to access and conduct surface work. In addition, BMR will be able to drill potential targets within the first stage of exploration. The agreement also stipulates that Battery Minerals Resources will hire community members to assist in these projects, will fund the construction of a water well for the people of Potrerillos, and will continue to support the payment for services of the individual in charge of the school nursery of the Cordillera de Potrerillos Alto School, which the company has been funding since September 2022. “We are delighted to have reached these mutually beneficial agreements with both the communities of Potrerillos and Punitaqui,” said Battery Mineral Resources CEO Martin Kostuik in the press release. “The agreement with the community of Potrerillos emphasizes the strong regard we have for our neighbors nearest the Cinabrio mine complex and our commitment to engage constructively with all the company’s stakeholders. This agreement will also allow BMR to potentially discover new mineralized areas on our claims near the Cinabrio mine complex. The agreement with the Punitaqui community is very important because it succinctly addresses their main concerns surrounding the restart of operations at Punitaqui. BMR strives to develop productive, ethical and transparent relationships with our surrounding communities, and we view it as our duty to our shareholders and communities to promote sustainable growth supported by safe and socially responsible business practices while developing long-term resources.”

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

About Battery Mineral Resources Corp.

Battery Mineral Resources is a battery minerals company providing shareholders exposure to the global megatrend of electrification while being focused on growth through cash flow, exploration and acquisitions in favorable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition and development of battery metals (namely cobalt, lithium, graphite and copper) in North America, South America and South Korea, and to become a premier and responsible supplier of battery minerals to the electrification marketplace. BMR is currently pursuing a near-term resumption of operations of the Punitaqui Mining Complex, a past copper-gold producer in the Coquimbo region of Chile. BMR is the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario, Canada, and continues to pursue a focused program to build on the recently announced, 1-million-pound-plus high-grade cobalt resource at McAra. In addition, Battery Mineral owns 100% of ESI Energy Services Inc., a profitable mainline pipeline and renewable energy equipment rental and sales company with operations in Alberta, Canada, and the state of Arizona. For more information about the company, visit www.BMRCorp.com.

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 millions of social media 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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Report Highlights That China Accelerated New Coal Plant Approvals Last Year

March 3, 2023 11:43:07

A recently released report from the Center for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) has revealed that despite global efforts to decarbonize, China is moving forward with coal energy. The report shows that China is quickly approving and erecting new coal-fired power plants amid a global climate-change crisis and in spite of the country’s own promises to step away from coal.

China approved an average of two new coal-fired power plants per week in 2022, undermining the country’s coal promises and…

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Plans to Begin Trading on Toronto Stock Exchange

March 3, 2023 10:54:48

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced that its common shares will begin trading on the Toronto Stock Exchange at market opening on Monday, March 6, 2023; the shares will trade under the company’s current trading symbol ELO. At the same time, ELO shares will be delisted from the TSX Venture Exchange. “We are pleased to have graduated to the premier Canadian exchange,” said Eloro Resources CEO Thomas Larsen in the press release. “Listing on the TSX will provide Eloro greater market visibility and increased access to capital to help drive the company’s growth as it advances its flagship Iska Iska project in southern Bolivia.”

To view the full press release, visit https://ibn.fm/9Iog2

About Eloro Resources Ltd.

Eloro is an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Through its Bolivian subsidiary, Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

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

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 millions of social media 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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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Present at PDAC 2023, the World’s Premier Mineral Exploration and Mining Conference in Toronto, Canada

March 3, 2023 10:20:00

The PDAC convention has grown since 1932, becoming the choice event for the world’s mineral industry, hosting more than 1,100 exhibitors and 2,500 investors
Ucore’s presentation will focus on its RapidSX(TM) technology which provides a North American opportunity in the REE industry, removing dependency from China’s current industry domination
Ucore is currently working on near-term and long-term processing facilities in Canada, Alaska, and Louisiana

Registration for the world’s premier mineral exploration and mining convention, PDAC 2023, is currently open for attendees. The convention is known for attracting up to 30,000 attendees from over 130 countries, providing educational programming, network events, outstanding business opportunities, and fun.

Since 1932, the PDAC convention has grown in size, stature, and influence, becoming the choice event for the world’s mineral industry, now hosting more than 1,100 exhibitors and 2,500 investors. This year’s convention will take place in Toronto, Canada, from March 5th through March 8th at the…

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

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How to Visually Look for Plant Nutrient Deficiencies

March 2, 2023

March 2, 2023 12:14:57

Cultivating healthy plants can be quite a delicate art as they need just the right amount of nutrients to thrive. Any more or any less than the plant needs and their growth will be affected, resulting in a lower-than-expected yield.

Fortunately, most plants will show…

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Accidents in China’s Coal Mines Increase as Country Pushes for Higher Production

March 1, 2023

March 1, 2023 12:19:08

Inner Mongolia is the second largest coal producer in all of…

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Well Poised Following Successful Capital Raise

February 28, 2023

February 28, 2023 14:06:12

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 announced that it had successfully concluded its fully underwritten primary share placement. “The offering, which consisted in Eloro issuing 3,466,540 primary shares at a price of C$3.15 per share, raised total gross proceeds of C$10,919,570; the figure also includes shares granted as part of the over-allotment option granted to underwriters… Eloro Resources has revealed that the net proceeds derived from the offering will be destined toward exploration and development purposes at the company’s ongoing mining projects in Bolivia as well as for general working capital and corporate purposes,” a recent article reads. “The company has now set its sights toward completing and publishing initial resource estimates for the Iska Iska project by March 2023, a process that is being carried out in collaboration with mining consultancy Micon International. Following the company’s successful capital-raising exercise and benefitting from exponential demand growth for both silver and tin as a result of the ongoing global transition toward renewable energy resources, Eloro Resources looks well placed to capitalize on any forthcoming discoveries in the coming months.”

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

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Through its Bolivian subsidiary, Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

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

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 millions of social media 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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Analysts Expect Gold to Hold Steady Amid Economic Uncertainty

February 28, 2023

February 28, 2023 13:12:39

Economic conditions across the globe have stagnated in the last few years amid a worldwide pandemic and the war in Ukraine, which caused energy prices to soar to never-seen-before highs. With most countries contending with increased prices and high costs of living, the world is firmly in the grip of inflation. It is during times like these that safe haven assets such as gold see an uptick in demand.

Since gold doesn’t depreciate in value regardless of economic conditions, investors have turned to the precious metal during times of…

NOTE TO INVESTORS: The latest news and updates relating to Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) are available in the company’s newsroom at https://ibn.fm/AZMCF

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Barrick Gold CEO Says Inflation Affecting Miners’ Bottom Lines

February 27, 2023

February 27, 2023 13:56:45

A top executive from Barrick Gold has revealed that inflation will not be going anywhere anytime soon. Even though plenty of pundits expect that inflation will begin to reduce in 2023 as central banks increase borrowing costs, CEO Mark Bristow says that he doesn’t see inflation reducing much this year. Furthermore, the exec noted that inflation would keep hindering the mining industry for a while, as increased costs would place a heavy burden on miners’ bottom lines.

During an interview with Bloomberg, Bristow stated that inflation definitely wasn’t over and noted that no one was currently doing anything to put a stop to…

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MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Inc. Announces Closing of ARS $30B and Additional US$30M Investment

February 27, 2023

February 27, 2023 11:27:55

McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today announced the closing of an ARS $30 billion investment by Stellantis N.V. (NYSE: STLA), one of the world’s leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep(R), Lancia, Maserati, Opel, Peugeot, RAM, Vauxhall, Free2Move and Leasys. “We are delighted to have Stellantis as a partner in the future development of our Los Azules copper project,” said McEwen Copper Chief Executive Officer Rob McEwen. “Together, we share a vision to build a mine for the future based on regenerative principles that can achieve net-zero carbon emissions by 2038.

In addition, the company announced a binding agreement for an additional US$30 million investment by Nuton LLC, a Rio Tinto Venture and existing McEwen Copper shareholder. According to the update, Nuton has agreed to invest US$30 million to acquire shares of McEwen Copper in a two-part transaction expected to close no later than March 10, 2023. “We are extremely pleased to have Nuton’s strong continued participation in McEwen Copper,” Rob McEwen said of the investment. “Together we are exploring new technologies that save energy, water, time and capital in the pursuit of delivering green copper to Argentina and the world, a product that will contribute to the electrification of transportation and the protection of our atmosphere.”

To view the full press releases, visit https://ibn.fm/WC46p and https://ibn.fm/COaT6

About McEwen Mining Inc.

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

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 millions of social media 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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McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Lays Groundwork to Capitalize on Opportunities in the Copper Industry Through Subsidiary McEwen Copper

February 27, 2023

February 27, 2023 10:20:00

Copper is well known for its growing demand in many industries, including renewable energy sources required for net-zero carbon emission goals implemented by over 70 countries
The copper market is now expected to reach $446.7 billion by 2030, growing from $291.1 billion in 2021
McEwen Mining is a 68% shareholder in McEwen Copper’s Los Azules project, giving it 100% interest in what could soon become the world’s next copper unicorn

More than 70 countries worldwide, including the United States, China, and the European Union, have set goals to reach net-zero carbon emissions – with promises of cutting current emissions in half by 2030. With the current energy sources responsible for greenhouse gas emissions, replacing traditional fossil fuels with renewable energy sources is key to reducing carbon emissions (https://ibn.fm/Z8rzL). Traditionally used in construction projects, copper now plays a vital role in this initiative due to its versatile use across multiple industries, including renewable energy, electric car components, and numerous technological applications, all of which is combining to drive demand. The global copper market is expected to reach $446.7 billion by 2030, growing from $291.1 billion in 2021 (https://ibn.fm/9cO6g).

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset-rich, diversified gold and silver producer in the Americas with large exposure to copper through its subsidiary, McEwen Copper, owns and operates mines in some of the world’s most prolific mineral producing regions in the…

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

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Coal Market Outlook Dampens as Prices in China Drop to Lowest Levels in a Year

February 24, 2023

February 24, 2023 11:20:23

Earlier this week, the price of thermal coal in China fell to their lowest levels in a year. Traders and analysts believe that this is because production from mines in the country is recovering faster than the demand for thermal coal.

Rising inventories in China are limiting imports and, in turn, putting pressure on the global price of the fuel. Slow recovery in the consumption of…

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MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Intersects New Gold-Copper Zone, Eyes Opportunity at Kay Mine

February 24, 2023

February 24, 2023 10:37:45

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a Toronto-based company that owns 100% of the Kay Mine Project in Yavapai County and 100% of the Sugarloaf Peak Property in La Paz County, is fully funded to continue its exploration plans. These include completing the balance of an ongoing 8,500-meter phase 2 program and an upcoming 76,000-meter phase 3 drilling program at its flagship Kay Mine Project. “On Jan. 17, 2023, Arizona Metals said that the step-out drilling located 300 meters north and on strike at the Kay Mine Deposit intersected a new zone of copper-gold VMS [volcanogenic massive sulfide) mineralization at depths between 150-600 meters vertically below surface. The new zone is open in all directions. Drilling is underway to test for extensions and widening of the mineralization. Arizona Metals also released results for six holes drilled at Kay, comprised of three infill and three extension holes. The detailed report was highlighted by multiple intercepts,” a recent article reads. “Arizona Metals CEO Marc Pais said that the latest drill results ‘confirm our opinion that the Kay Mine Deposit is potentially part of a much larger mineralized system, typical of what is encountered in other VMS camps around the world.’”

To view the full article, visit https://ibn.fm/EoyU7

About Arizona Metals Corp.

Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client.

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

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 millions of social media 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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Report Shows Uranium Market Performed Well in January

February 23, 2023

February 23, 2023 14:21:48

The uranium market performed admirably in January due to increased demand for nuclear energy amid global energy shortages and soaring energy prices. Sprott recently released a report stating that the uranium market performed well in January, as the spot price of U308 uranium increased to $50.75 per pound from $48.31 last month and uranium mining equities went up by 14.65%.

Spot prices for U308 uranium have gone up by about 104.23% since 2019 and 14.74% in 2022, signifying the market’s continued upward trajectory over the…

NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Begins Trading on Toronto Stock Exchange

February 23, 2023

February 23, 2023 13:23:11

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has obtained conditional approval to list its common shares on the Toronto Stock Exchange (“TSX”). According to the announcement, Eloro shares will trade under the trading symbol: ELO. The announcement also noted that the listing is subject to Eloro Resources fulfilling certain requirements of the TSX; those terms were outlined in a conditional approval letter that was dated Feb. 22, 2023. “This is a significant milestone for Eloro and its shareholders,” said Eloro Resources CEO Thomas Larsen in the press release. “The TSX is one of the world’s pre-eminent exchanges for mineral resource companies. A TSX listing will increase our visibility and profile in the capital markets and in the mining industry. Listing on the TSX will also offer benefits to shareholders such as enhanced market access for Canadian and international investors, increased access to capital and improved liquidity, as the company advances its flagship Iska Iska project in southern Bolivian.”

To view the full press release, visit https://ibn.fm/A8gCv

About Eloro Resources Ltd.

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

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 millions of social media 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 – 121 Group Partners Announces IBN as Media Sponsor for Las Vegas 121 Mining Investment Event

February 23, 2023

February 23, 2023 12:52:04

121 Group, a renowned events company that produces international, investment-focused mining-sector conferences, has selected InvestorBrandNetwork (“IBN”) as its media partner for the upcoming 121 Mining Investment Las Vegas conference; the conference is scheduled for March 28–29, 2023. IBN is an innovative corporate communications firm and content distributor and will provide key coverage for the Las Vegas event, which is designed to provide essential information as well as facilitate meaningful 1-2-1 meetings between mining companies and investors. Those meetings are invaluable opportunities to assess emerging business opportunities and foster strategic partnerships across multiple verticals, including gold, silver, lithium and uranium. “121 Group’s extensive networks in the mining and natural resources sectors are incredible,” said IBN communications director Jonathan Keim in the press release. “After the resounding success of its inaugural event in Las Vegas last year and many other conferences held across the globe, we consider it a great privilege to work alongside 121 Group to take this year’s Las Vegas event to the next level. IBN will leverage its network of thousands of downstream publishers, in-depth knowledge of social media strategy and targeted channels to drive greater recognition among millions of online investors.”

To register for the event, visit https://ibn.fm/boJXj

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

About 121 Group

121 Group hosts 121 Mining Investment events and has developed an unparalleled network of relationships reaching into the Americas, Africa, Europe and Australasia. Drawing on this extensive local knowledge, 121 Group helps connect globally sourced investment opportunities with investors in the world’s key financial centers. Leveraging its global mining event series, 121 Group’s investor knowledge and contacts are second to none, with an unparalleled network of more than 20,000 sophisticated mining investors across the globe. For more information about the company, visit www.WeAre121.com.

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 millions of social media 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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Gold Drops as Federal Reserve Remains Hawkish

February 22, 2023

February 22, 2023 12:44:25

Last week, the price of gold dropped slightly as the Federal Reserve pushed on with its hawkish stance on rate hikes. Demand concerns also affected palladium negatively, with the metal dropping to its lowest figure since 2019. At the same time, U.S. gold futures rose 1% to reach $1,851.80 while spot gold remained unchanged at $1,852.94 an ounce.

Recently released consumer data also shows that America’s CPI increased by 6.4% in the 12 months through January. On a monthly…

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MiningNewsBreaks – 121 Group to Host March 121 Mining Investment Event in Las Vegas

February 22, 2023

February 22, 2023 12:08:04

121 Group, a renowned events company that produces international, investment-focused mining-sector conferences, has announced the upcoming 121 Mining Investment Las Vegas event; the conference is scheduled for March 28–29, 2023. Held for the second year, 121 Mining Investment Las Vegas is building on last year’s successful inaugural event and is designed to facilitate the discovery of new mining projects, leverage industry networks and enhance the investor-education landscape. The event agenda takes a close look at a series of thematic issues central to the mining industry. Panels, speakers and presentations will include topics such as energy transition, the gold outlook, precious metals investment strategies, uranium and the impact of megatrends on metals and mining investing. In addition, “members of executive leadership from 85 mining companies and hundreds of qualified investors will engage in more than 1,200 private, pre-scheduled 1-2-1 meetings,” stated the company in the press release. “Attendees will discuss fresh avenues for raising and deploying capital, explore under-the-radar placements, seek the mentorship of industry veterans, foster long-term partnerships and exchange knowledge with marquee names. The precisely engineered format of the conference accelerates deal-making in an intimate and comfortable atmosphere.”

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

About 121 Group

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 millions of social media 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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The 3rd Annual Mining Journal Select Event: Exceptional Investment Opportunities Selected By Mining Journal

February 22, 2023

February 22, 2023 09:35:00

Institutional and professional investors as well as mining experts, businesses, and professionals are invited to attend the Mining Journal Select Show on March 27-28th, 2023. An exclusive lineup of presenters will pitch their businesses in front of industry leaders and investors and get an opportunity for one-on-one meetings and personalized discussions with these eminent investment groups.

These mining companies presenting at Mining Journal Select are selected by the Mining Journal Research & Intelligence Team, who conduct research and analysis to shortlist a curated list of companies with exceptional potential and prospects. Investors looking for robust investment avenues can leverage…

To learn more, please visit (https://ibn.fm/xSYj2).

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MiningNewsBreaks – Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) Eyes Dual Listing to Reach Untapped International Market

February 21, 2023

February 21, 2023 14:50:42

Infinity Stone (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) today announce that it has begun the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. The planned dual listing is designed to provide the company with the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in CSE- and OTCQB-listed Infinity Stone. “Building shareholder value and increasing our liquidity is always a high priority for us as a company,” said Zayn Kalyan, CEO of Infinity Stone. “We believe a dual listing on Upstream will act as an excellent vehicle to reach an untapped international market of potential new shareholders.”

To view the full press release, visit https://ibn.fm/8lZfF

About Infinity Stone Ventures

Infinity Stone’s mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs. To register for investor updates, visit https://infinitystone.ventures.

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 millions of social media 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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Copper Shortage May Last Through 2030

February 21, 2023

February 21, 2023 11:54:45

Analysts expect that the global market will experience a copper shortage this year that may last until 2030. The red metal will play a crucial role in the energy transition, given its use in industrial machinery and electrical equipment. Higher demand pressures and challenges affecting the South American supply chains are fueling the metal’s shortage.

A copper squeeze may signal that inflationary pressures will worsen globally, which may, in turn, push central banks to…

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MiningNewsBreaks – 121 Mining Investment Returns to Las Vegas on March 28-29, 2023

February 21, 2023

February 21, 2023 11:11:24

Building on the success of the inaugural 121 Mining Investment Las Vegas that was hosted last year, the upcoming two-day conference will facilitate the discovery of new mining projects, leverage unparalleled industry networks and enhance the investor education landscape. As the premier forum in the space, the event will focus on a series of thematic issues that are front and center to the mining industry, including energy transition, the gold outlook, precious metals investment strategies, uranium and the impacts of megatrends on metals and mining investing.

For more information, visit https://www.weare121.com/121mininginvestment-las-vegas/

About 121 Group

By hosting 121 Mining Investment events, 121 Group has developed an unparalleled network of relationships reaching into the Americas, Africa, Europe and Australasia. Drawing on this extensive local knowledge, 121 Group helps connect globally-sourced investment opportunities with investors in the world’s key financial centers. Leveraging its global mining event series, 121 Group’s investor knowledge and contacts are second to none, with an unparalleled network of over 20,000 sophisticated mining investors across the globe.

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Subsidiary Poised to Potentially Become World’s Next Copper Unicorn

February 17, 2023 12:43:54

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer in the Americas with large exposure to copper through its 68%-owned subsidiary McEwen Copper. The company recently reported rich copper values over attractive widths, resulting from infill drilling at its Los Azules project. “Located in San Juan, Argentina, Los Azules is a large porphyry copper-gold-silver deposit expressing great potential, with ultimate depth and lateral extents yet to be fully determined… McEwen Copper resumed its drilling program in October 2022. It is designed to increase drill hole density and upgrade the copper resource classification to better understand the payback pit design. Also, the program will provide metallurgical, hydrological and geotechnical data to facilitate mine design and to determine how much larger the deposit could be,” a recent article reads. “Most mined copper is currently used in infrastructure and new critical demand emerging for use in electrification of transportation and the global energy transformation. McEwen Copper is expected to be a game changer, potentially becoming the world’s next copper unicorn, and thus turbocharging McEwen Mining’s share value.”

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

About McEwen Mining Inc.

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

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 millions of social media 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 844-397-5787 (U.S. Mobile Phones Only)

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

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MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Working to Provide Best-in-Class Metal Separation Products and Services

February 17, 2023 12:07:31

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare earth element (“REE”) resource development and precious metal commercialization, recently provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant for the separation of heavy and light REEs. “Ucore’s vision includes becoming a leading advanced technology company that provides the best-in-class metal separation products and services to the mining and mineral extraction industry. The company also plans to aid in developing the North American REE supply chain controlled by the U.S. and its allies through strategic partnerships,” a recent article reads. “Innovation Metals Corp., which was acquired by Ucore in 2020, developed the RapidSX(TM) technology – with early-stage assistance from the United States Department of Defense. This has resulted in the production of commercial-grade, separated REE at the pilot scale. Utilizing chemistry similar to traditional solvent-extraction (‘SX’) technology, RapidSX(TM) is not ‘new’ technology but rather a significant improvement on well-established, well-understood and proven conventional separation technology preferred by leading REE producers.”

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

About Ucore Rare Metals Inc.

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

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 millions of social media 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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The Gold: A Review of One of Britain’s Most Shocking Robberies

February 17, 2023 11:18:16

We are at the International Trading Estate, located near Heathrow Airport in London. The year is 1983; the date is Nov. 26. While this may seem like any other day, one of the biggest heists in United Kingdom history is about to take place.

On this day, £26 million ($33 million) worth of bullion, cash and diamonds was looted from a Brink’s-Mat operated warehouse. In today’s money, this equates to…

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Creates Critical Opportunities for North American Rare Earth Element Sustainability

February 17, 2023 08:50:00

China currently dominates the high-value market for rare earth elements (“REE”), but growing political tensions increasingly threaten this key supply chain, limiting the potential distribution of REE for crucial high-tech applications, such as military assets, electric vehicles, wind power generation, as well as mobile phones, and many others
Ucore’s mission includes an ESG-centered model using RapidSX technology for the refining of REE from U.S. Allied sources, including Canada, as well as Louisiana and Alaska
The REE market was valued at $5.3 billion in 2021 and is expected to continue growing quickly, at a CAGR of over 12%, resulting in a value of approximately $9.6 billion by 2026

Recent events have brought to light serious tensions that currently exist between the U.S. and China – including the Chinese spy balloons recently shot down in U.S. airspace and China’s anger toward the U.S. for an increased military presence planned for the Philippines. China has moved to claim dominance in the South China Sea, considering the waters as its own, in direct opposition to surrounding nations, such as the Philippines, and international law. These tensions threaten to disrupt current trade relations, including the distribution of vital rare earth elements (“REE”), on which China currently has a virtual monopoly.

Rare earth elements are a set of seventeen metallic elements necessary for the operation of many high-tech devices, including electric vehicles, cellular telephones, computer hard drives, flat-screen displays, and various defense-related products. The REE market was valued at $5.3 billion in 2021 but is expected…

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

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McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Subsidiary McEwen Copper Expects New Preliminary Economic Assessment for Los Azules Copper Project During Q1 2023

February 17, 2023 08:05:00

Copper demand is rising worldwide, attributed to the renewable energy market and, recently, the re-emergence of China after its lift of pandemic restrictions
McEwen Copper’s Los Azules project is positioned to help offset some deficit that is currently being experienced due to losses recorded by Peru and Chile mines coupled with high demand
The 2017 Preliminary Economic Assessment (“PEA”) estimated a 36-year mine life for the Los Azules Copper Project – and only covered 55% of the known copper resources to be mined
Additional drill holes have shown strong copper mineralization extending below the initial PEA bottom, providing an additional basis for Los Azules to become an even larger and longer-lasting mine

The renewable energy market is rising, expected to grow at a CAGR of 8.4% and reach a value of nearly $2 trillion by 2030, from $881.7 billion in 2020 (https://ibn.fm/UiPag). A key component to achieving the growth of renewable energy is copper, a sector currently facing a supply deficit, which is expected by some analysts to last until 2030 due to rising demand related to renewable energy transition, as well as the ongoing political unrest in Chile and Peru. Together these two countries produce 37% of the world’s annual production of copper. Peru, which accounts for 10% of the global copper supply, has already reported Glencore’s suspension of its Antapaccay copper mine after protestors looted and set fire to the location. Additionally, Chile, which accounts for 27% of the global supply, recorded a 7% year-on-year decline in November 2022. Goldman Sachs predicted that Chile’s copper production will continue to decline (https://ibn.fm/5DYOI).

The rising demand for copper is thus having a magnified effect on the price of this metal. Since the beginning of 2023, copper prices have risen around 10% due to its’ demand as part of the transition away from traditional fossil fuels (https://ibn.fm/XFlB2). The rise in price has also been attributed, at least in…

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

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WGC Confirms Central Banks Bought Record-Setting Amounts of Gold in 2022

February 16, 2023

February 16, 2023 14:46:22

Precious metals such as gold play an integral role in the preservation and transfer of wealth across the country. While fiat currencies such as the dollar and the British pound tend to depreciate and appreciate depending on economic conditions, gold is known to retain its value over the long term.

This allows investors to preserve the value of their holdings during times of economic upheaval, such as inflation, by…

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MiningNewsBreaks – Industry Leaders and Innovators to Take the Stage at Mines and Money Miami

February 16, 2023

February 16, 2023 14:28:37

Beacon Events, a renowned producer of conferences for leading companies and seasoned investors, today announced details for its upcoming Mines and Money Miami event slated to take place at the James L. Knight Center, Miami, Florida, Feb. 23-24. The event will draw leading CEOs from the mining and investment landscape and enable dialogue on key global trends, drive fresh collaborative strategies and chart a pathway toward a viable energy transition in the sector. More than 450 key decision-makers, innovators, thought leaders, investors, mining executives and policymakers are expected to attend. Mines and Money Miami will feature six panel discussions, where industry leaders will share valuable insight. In addition, spotlight sessions will give junior miners the opportunity to broadly outline their value proposition to potential investors. Mines and Money will facilitate networking and one-on-one meetings between mining corporates and qualified investors to further explore potential synergies and foster deeper ties.

To view the full press release, visit https://ibn.fm/VS7hF

About Mines and Money

Mines and Money is the leading international event series connecting sophisticated investors from around the world with mining company management teams both online and in person. With an unrivalled network of thousands of international investors, Mines and Money events are the place where professional investors meet exciting explorers on the cusp of the next big discovery, near-production development companies and cash generative producers. Senior management teams of mining companies can connect with institutional and private investors from around the world at Mines and Money events. Its online meetings platform helps with the scheduling of lucrative meetings to provide project updates, share presentations and connect with pre-qualified investors. Mines and Money events are free to attend for qualified investors and will enable them to assess their next big investment.

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 millions of social media 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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Five Ways to Phase Out Coal Use Without Affecting Energy Security

February 15, 2023

February 15, 2023 12:40:03

Coal is the sole largest source of carbon dioxide emissions from energy. This cheap fuel is also the primary fuel used in electricity generation globally. If we are to make headway in controlling the climate crisis, the use of coal must decrease significantly. This may not be easy as it sounds, however, especially because energy security is a vital part of the global economy.

So, how can we phase out the use of coal in favor of…

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Strategic Sale of Alta Mesa Project

February 15, 2023

February 15, 2023 12:09:56

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its completion of the sale of three wholly owned subsidiaries that together hold its Alta Mesa ISR Project to enCore Energy Corp. “Energy Fuels’ sale of the Alta Mesa project for $120 million of total consideration is highly strategic for a variety of reasons,” said UUUU CEO and President Mark S. Chalmers. “When combined with our already strong balance sheet, the proceeds from this sale are expected to fully fund our current uranium, vanadium and rare earth business plans through approximately 2024 without the dilution to shareholders one might normally expect, nor depletion of working capital. On the uranium front, this sale provides Energy Fuels with the ability to make the focused investments in infrastructure and human capital required to resume production at our lowest-cost and nearest-term uranium mines and facilities. We believe Energy Fuels will be among the quickest to market with significant new U.S. uranium production and retain our position as the leading U.S. uranium producer for many years to come.”

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

About Energy Fuels Inc.

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 millions of social media 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 – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Complete Road Construction, Start Drilling at the Western Target

February 15, 2023

February 15, 2023 11:52:26

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), based in Arizona and focused on copper and gold exploration, announced that it has completed road construction to the first of two drill pads at the Western Target of the company’s Kay Mine Project. According to the announcement, these pads will allow for testing of the Western Target and drilling of anomalies located between the Central and Western Targets. In the announcement, the company also noted that the Central Target is thought to be a structural repetition of the Kay Mine Deposit horizon. As of Sept. 2022, Arizona Metals has $58 million in cash and is fully funded to complete the remaining 5,000 meters outlined in the phase 2 program at Kay along with an additional 76,000 meters in the phase 3 program. “We are pleased to announce the completion of road construction to the Western Target drill pads, and that the first hole to test this large coincident EM-geochemical-gravity anomaly is now underway,” said Arizona Metals CEO Marc Pais in the press release. “While this target is located only 1,200 m west of our Kay Mine Deposit, the drilling started this week will be the first to test this area in the history of the property. The company will continue infill and exploration drilling at the Kay Mine Deposit, while also undertaking the first detailed exploration of the Central and Western Targets in the known history of the property.”

To view the full press release, visit https://ibn.fm/Wy5v3

About Arizona Metals Corp.

Full Disclosure: Arizona Metals Corp. is an Investor Brand Network marketing client.

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

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 millions of social media 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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Newcrest Deal May Make Newmont a Global Gold Superpower

February 14, 2023

February 14, 2023 13:44:09

A deal being negotiated between Newmont Mining, the top gold producer in the world, and top Australian miner Newcrest Mining could give birth to a global gold superpower if it is successful. Newmont Corporation confirmed early last week that it had submitted a $17 billion proposal to purchase 100% of Newcrest Mining’s issued share capital. If the takeover offer is successful, it would result in a merger between two of the largest gold miners in the world and set new standards for responsible and sustainable gold mining.

The takeover deal would be the largest such deal in Australian history and would create a global gold superpower unrivaled by…

NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Promising Data for Casiterita and Iska Iska Properties

February 14, 2023

February 14, 2023 11:18:37

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey (“IP/Res”) on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property to the southwest. The new data, combined with previous magnetic modeling and borehole IP/Res surveys (“BHIP”) on Iska Iska, have significantly enhanced the understanding of the overall geological environment on both properties and outlined major new targets for exploration on the optioned Casiterita. “Geophysics continues to be a very effective exploration tool at Iska Iska and now at the Casiterita property,” said Eloro’s EVP, Exploration Dr. Bill Pearson, P.Geo. “We plan additional BHIP and IP/Res lines in the Porco area north of the magnetic anomaly to tie this area to the major conductive zone further south. Drilling has commenced, initially in the Porco and Mina 1-2 areas, then will move into the Casiterita property to test this major target for a potential tin porphyry once old roads are rehabilitated and drill pads prepared.”

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

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Through its Bolivian subsidiary, Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

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

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 millions of social media 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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Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Initiates Exploration Outside Kay Mine Amid Copper Supply Shortages

February 14, 2023

February 14, 2023 08:05:00

Insufficient critical mineral supplies could drive prices higher amid copper shortages according to recent Forbes report
AZMCF’s Kay Mine Deposit has a historic resource estimate of “proven and probable reserves” of copper, gold, zinc, and silver according to a 1982 report by Exxon Minerals (1)
During 2022, AZMCF received drill permits for Kay Mine Central and Western targets, completed approximately 33,000 meters of core drilling, and initiating drilling on targets outside the deposit
Fully-funded to complete the remaining Kay Mine Phase 2 program of 8,600 meters (budget of USD$2.7 million), as well as 76,000 meters (budget of USD$24 million) planned for Phase 3 which will primarily test two large targets west of the Kay Mine Deposit
Drilling at the large Western Target, located 1,200 meters west of the Kay Mine Deposit, scheduled to begin Q1 2023

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, started 2023 on a positive trajectory with plans to begin exploring outside its flagship Kay Mine copper-gold-zinc-silver asset located in Yavapai County, Arizona.

According to a recent report by Forbes, insufficient supplies of critical minerals could drive prices higher amid shortages (https://ibn.fm/GH8gD). Specifically, the price of copper per pound has risen amid supply disruptions and China’s “economic reawakening”, causing some analysts to predict…

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

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Nuclear Energy Revival Sparks Expectations of Price Surge for Uranium

February 13, 2023

February 13, 2023 13:26:57

Uranium prices are poised to soar this year amid a resurgence in nuclear energy among major economies such as the United States. Nuclear energy has been losing popularity among developed nations for quite a while now, with countries such as Germany and Spain planning to phase out a majority of their nuclear power plants by 2030. Furthermore, nations such as Australia, Denmark, Italy and Norway had no nuclear power plants or did not support nuclear energy as of 2016.

However, the energy crunch of 2021 and 2022 has prompted most developed nations to rethink their nuclear phase…

NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

February 13, 2023

February 13, 2023 12:34:20

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the closing, Energy Fuels paid the mineral owners the remaining $21.9 million cash. “Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of the Bahia Project. We look forward to further defining the heavy mineral sand resource through our sonic drilling program and moving forward toward mining in the most prospective areas of the project,” said Mark S. Chalmers, president and CEO of Energy Fuels. “Using conservative development and market assumptions, we expect to receive monazite concentrates from the Bahia Project at a very low cost within the next few years. By receiving monazite feeds from a variety of sources, including mineral projects that we own, like the Bahia Project, and open market purchases, like from Chemours and others, we expect to be a low-cost U.S. producer of advanced REE materials.”

To view the full press release, visit https://ibn.fm/89HyU

About Energy Fuels Inc.

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 millions of social media 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 – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Discusses Promising Drill Results in New Interview

February 10, 2023

February 10, 2023 14:48:52

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 was featured in a new video interview where its CEO Thomas Larsen discussed promising results from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. “Hole DHK-27 when determining grade times intercept of 65,887 g Ag eq/t-m is the second most valuable drill hole recorded to date and only just behind the 441-meter 66,389 g Ag eq/t-m intersection in hole DSB-30 reported last fall. These are remarkable intercepts and grades,” Larsen was quoted as saying in the company’s Jan. 31 press release announcing the results. “The significance of DHK-27 is the consistent high silver grades averaging 69.80 g Ag/t over a length of 325.48 meters, which is close to true thickness. The higher grade 182.02 g Ag/t over 109.60 m portion of hole DHK-27 attests to the potential of outlining much higher-grade areas in the Santa Barbara deposit with further drilling. It is also important to note that calculations for equivalent Ag grade in this release are based on July 2022 metal prices, which for the major metals at Iska Iska are 13% to 33% lower than current prices hence the quoted values for silver equivalent are conservative.”

To view the full interview and press release, visit https://ibn.fm/clv2k and https://ibn.fm/WZzNG

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

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

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 millions of social media 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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Can China’s Dominance of Rare Earths Segment Be Broken?

February 10, 2023

February 10, 2023 11:42:18

In just a couple of decades, China has grown from a struggling communist country to a global economic superpower with a stranglehold on several crucial industries. Along with being one of the largest exporters and importers on the entire globe, China has been steadily monopolizing the rare earths segment.

Rare earths or metals are a set of 17 metals, including neodymium, terbium and scandium, that play a crucial role in the…

NOTE TO INVESTORS: The latest news and updates relating to Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) are available in the company’s newsroom at http://ibn.fm/UURAF

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MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Well Positioned as Gold and Copper Forecasts Point to Higher Prices

February 9, 2023

February 9, 2023 15:03:59

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer with large exposure to copper through its subsidiary, McEwen Copper. “[MUX] is led by a management team with extensive knowledge and experience in the mining space and owns and operates in some of the most prolific gold-producing regions in the Americas. Many current gold and copper forecasts point to higher prices over the next few years. Should that occur, McEwen Mining’s assets position it well to benefit,” a recent article reads. “A key factor for investors is that McEwen Mining’s management team is uniquely aligned with investor interests. Rob McEwen, the company’s CEO, has a 17% ownership stake in McEwen Mining and a 15% ownership in McEwen Copper, with a combined cost base in the companies of roughly $220 million. McEwen Mining has a 68% stake in McEwen Copper, which is expected to be a game changer, as it owns one of the world’s 10 largest undeveloped copper deposits, the Los Azules Project. Given its large size and future production profile, it could become the next copper unicorn.”

To view the full article, visit https://ibn.fm/GIW09

About McEwen Mining Inc.

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

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 millions of social media 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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London Metal Exchange Adds Members to Nickel Committee to Address Contract Issues

February 9, 2023

February 9, 2023 12:58:54

Nearly a year after nickel trading volumes on the London Metal Exchange crashed, the exchange has expanded its membership to come up with more ways to improve the nickel contract. The LME suspended its nickel contract for more than a week in early March 2022 shortly after a rush among investors to cover short positions caused nickel prices to surge by more than 50% in hours to trade at a record $100,000-plus per ton during Asian trading hours.

Nickel plays a crucial role in the development of stainless steel and EV batteries. The suspension of nickel trade had wide-reaching repercussions, and the…

NOTE TO INVESTORS: The latest news and updates relating to Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) are available in the company’s newsroom at http://ibn.fm/CNIKF

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MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Positioned to Tap into Potential of Yavapai County

February 8, 2023 14:45:52

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) is a mineral exploration company focused on advancing precious and base metal deposits in its 100%-owned Kay Mine volcanogenic massive sulfide (“VMS”) Project and Sugarloaf Peak Gold Project in Arizona. “VMS deposits represent a critical global source of copper, zinc, lead, gold, and silver ores. AZMCF aims to tap into the potential of Arizona’s Yavapai County with its 100%-owned projects surrounded by sixty historic underground VMS copper, gold, zinc, and silver mines… The company’s fully owned flagship Kay Mine property totals 1,300 acres that are not subject to any royalties. A historic 1982 estimate by Exxon Minerals revealed a ‘proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 grams per ton gold, 3.03% zinc, and 55 grams per ton silver,” a recent article reads. “As we begin 2023, I want to take a moment to reflect on the past year and share some of our accomplishments,” Arizona Metals CEO Marc Pais is quoted as saying. “First, I want to thank our shareholders for your continued support and belief in Arizona Metals. Your trust and investment have been a driving force in creating one of the best-financed explorers listed on the TSX and advancing what we believe to be one of the world’s premier VMS exploration projects.”

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

About Arizona Metals Corp.

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

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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 millions of social media 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 – Why Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Is ‘One to Watch’

February 8, 2023 14:34:49

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), headquartered in Halifax, Nova Scotia, is engaged in rare earth element (“REE”) resource development and in commercializing its critical metals separation technology, RapidSX(TM). “The company is guided by principles of environmental, social and corporate governance (‘ESG’) with a focus on disrupting China’s current dominance of the U.S. REE supply chain,” reads a recent article. “Ucore’s vision is to become a leading advanced technology company providing best-in-class metal separation products and services to the mining and mineral extraction industry. It plans to aid in the development, through strategic partnerships, of a North American REE supply chain controlled by the U.S. and its allies. The company intends to contribute to this initiative through the near-term development of a heavy and light rare-earth processing facility in Louisiana and subsequent development of Strategic Metals Complexes (‘SMCs’) in Alaska and Canada, as well as through the longer-term development of its 100%-owned Heavy Rare Earth Element (‘HREE’) mineral resource property at Bokan Mountain on Prince of Wales Island, Alaska.”

To view the full article, visit https://ibn.fm/r1fhn

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore aims to become a leading advanced technology company, providing cutting-edge metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit https://ucore.com/corporateupdate.

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

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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 millions of social media 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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World Coal Council Urges Nations to View Coal Energy from Practical POV

February 8, 2023 12:53:40

Coal is without a doubt one of the dirtiest sources of energy man has ever used. After centuries of use, filling the atmosphere with heat-retaining greenhouse gases, dozens of countries across the world have recognized the role played by coal in environmental pollution and global warming. As a result, there has been a global drive to move away from coal and coal-fired power plants to renewables that cost less and have a significantly reduced impact on the environment.

Unfortunately, the global energy crunch, which was severely exacerbated by Russia’s invasion of Ukraine, prevented most countries from…

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MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Receives $24M Investment from Leading Global Mining Company

February 8, 2023 11:31:36

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has entered into a subscription agreement with Anglo American resulting in an estimated $24 million investment in Canada Nickel; the investment is at a price of $1.95 per common share, representing a 10% premium to the 30-day volume weighted average price (“VWAP”) and making Anglo American a 9.9% shareholder when the transaction is completed. According to the announcement, this is a key milestone in the company’s efforts to advance its Crawford Nickel Project toward production. The agreement also calls for Canada Nickel to enter into a binding Offtake Term Sheet with Anglo American at closing, giving Anglo American exclusive rights to purchase up to 10% of recoveries of nickel concentrate, iron and chromium contained in the magnetite concentrates and any corresponding carbon credits from the CNIKF’s Crawford Nickel Project. Anglo American is a leading global mining company with a portfolio of world-class competitive operations and a broad range of future development options. “We are very pleased to welcome Anglo American, a leading global mining company, as a cornerstone investor in Canada Nickel,” said Canada Nickel chair and CEO Mark Selby in the press release. “Today’s announcement is another key milestone as we advance Crawford towards production. Our team is looking forward to working with Anglo American to identify opportunities to apply their industry leading mining innovation technology to add additional value to Crawford.”

To view the full release, visit https://ibn.fm/s5gVQ

About Canada Nickel Company

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

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 millions of social media 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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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Commissions Demonstration Plant; Plans for Louisiana Strategic Metals Complex