MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Report on Expanded IP Surveys at Iska Iska Project

January 29, 2024 10:14:16

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting that an expanded induced polarization/resistivity (“IP/Res”) survey now covers most of the Iska Iska Project, which is located in southwestern Bolivia. According to the announcement, the survey includes east-west lines that have been completed every 200 meters across as well as southeast of the Santa Barbara mineral resource; the lines use a deep-penetrating array of 50 meters and offset 100 meters dipoles. The survey is designed to reach a depth of investigation approaching 400 meters. The company is reporting that the new array and lower surface elevations make it possible to image mineralization at elevations below 3,600 meters in an extended area beyond the open southeastern side of the pit. The survey indicates that chargeability highs across the volume already drilled for the Santa Barbara MRE coincide with peaks in the grade of the polymetallic Ag-Zn-Pb mineralization expressed as silver equivalent.

The report also noted that the chargeability anomaly southeast of the pit is extremely strong, making the area a prime target potentially outlining additional higher-grade polymetallic mineralization. “We have had great success with our borehole IP/Res program correlating mineralization between the drillholes, but the surface IP/Res provides a three-dimensional view well beyond where we have drill hole coverage,” said Eloro Resources executive vice president Dr. Bill Pearson in the press release. “The new chargeability anomaly, extending southeastward from the open pit that defines the MRE, adds at least an additional 600 meters of potential strike length to the major mineralized structural corridor that is up to 800 meters wide for an overall strike length of at least two kilometers. This new target area has not been drilled. In addition, the chargeability anomaly southeast of the pit is very strong, suggesting that it is a prime target for outlining additional higher-grade polymetallic mineralization.”

To view the full press release, visit https://ibn.fm/69YVJ

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 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 the Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. For more information about the company, visit www.EloroResources.com.

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0), YNLR Enter New Cooperation Agreement

January 26, 2024 14:36:19

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has entered a new cooperation agreement. According to the announcement, the agreement is with the Ya’thi Néné Lands and Resources Office (“YNLR”). YNLR is owned by the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake, Fond du Lac, the Northern Hamlet of Stony Rapids, and the Northern Settlements of Uranium City, Wollaston Lake and Camsell Portage. The agreement is in regard to exploration activities being conducted by Appia in Nuhenéné, which is the traditional territory of the Athabasca First Nations in Treaty 8 and Treaty 10 Territories. The agreement represents the commitment of both Appia and YNLR to support a sustainable and collaborative relationship. The announcement states that the agreement, which includes the facilitation of a smoother exploration permitting process and fieldwork in Nuhenéné, will serve as a foundation for consistent communication between the parties. UNLR officials noted that “the agreement ensures that our people’s and communities’ wishes regarding land protection and economic development are heard, and our treaty rights are respected.”

The agreement contains provisions related to harvest compensation, contributions to YNLR’s established community trust, and opportunities for employment and contracting with northern businesses. “At Appia, we understand and share YNLR’s commitment to protecting and monitoring the environment, engaging in thoughtful project advancement, and respecting local traditions and knowledge,” said Appia Rare Earths & Uranium president Stephen Burego in the press release. “This agreement sets the framework for our ongoing engagement with YNLR as we progress in our exploration activities within their territory. It is a respectful way of working together in this territory. This agreement is the materialization of our Code of Business Conduct and Ethics Policy, our Environmental Health and Safety Policy, and our dedication to meaningful reconciliation.”

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

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade, critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás State of Brazil. The company successfully added 23,412.11 hectares to the PCH project’s total hectares by staking 12 new claims, bringing the overall project size to 40,963.18 hectares. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Planned Louisiana SMC Fulfills Efforts to Establish Western-Nation REE Supply Chain

January 26, 2024 13:16:55

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals enterprise, is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies. “Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology,” reads a recent article. “Ucore’s ‘Strategic Metals Complex’ (‘SMC’) in Louisiana represents the fulfillment of efforts to establish a Western-nation supply chain for REEs that is not dependent on China’s industrial domination in the industry… For months, Ucore has been demonstrating the capability of RapidSX(TM) REE processing technology in a head-to-head output challenge against the industry standard for REE solvent extraction (known as CSX, or simply SX) at the test facility in Kingston, Ontario. The SMC in Alexandria, Louisiana, will use RapidSX(TM) to produce REEs at commercial scale, building up to 7,500 metric tons of total rare earth oxide (‘TREO’) production from an initial 2,000 metric tons startup.”

To view the full article, visit https://ibn.fm/KSrf4

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’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 Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. For more information, visit the company’s website at 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Looming Supply Deficit Could Make Copper Outperform Gold in 2024

January 26, 2024 12:27:14

American Pacific Mining Corp CEO Warwick Smith has revealed that copper could outperform gold in 2024 due to a looming supply deficit. Gold has made significant gains in recent months as the ongoing Gaza crisis increased fears of a broader war in the oil-production region and pushed more investors to the precious metal. However, Smith noted during a recent Kitco News interview that supply issues in the copper supply chain could help the metal outperform gold.

Smith said that while gold will remain an important product in American Pacific Mining Corp’s lineup, copper is his “favorite metal for the moment” and will…

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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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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GEMXX Corp. (GEMZ) Continues on Path to Disrupt Gold and Gemstone Industries

January 26, 2024 08:05:00
  • GEMXX recently provided an update to shareholders outlining its 2023 milestones and expansion plans for 2024 and beyond
  • In 2023, the company acquired a 50% interest in Crazy Horse Mining Inc. (“CHMI”), a Canadian exploration company whose assets include 100% interest in two gold projects in British Columbia
  • GEMXX, in collaboration with CHMI, completed the clean-out of the Snow Creek property and recorded positive results showing that the processing of the stockpile yielded 0.929 ounces of gold per 100 cubic yards
  • The company has engaged independent experts to complete S-K 1300 reports on its gold and Ammolite assets to enable it to add their value to its balance sheet

Speaking during an October 2023 Bell2Bell Podcast episode, Richard Clowater, the President of GEMXX (OTC: GEMZ), a mine-to-market company that specializes in the production and global distribution of gold, gemstone, and jewelry and owns mining resources, production facilities, and operating assets, underlined that 2021 and 2022 were building years for the company (https://ibn.fm/0xDcQ). “The company had a clear and defined set of objectives from day one. We wanted to disrupt the industry and secure long-term supply contracts with key client groups. These goals were achieved, and GEMXX now has a strong foothold in three of the world’s top markets for our products,” said Clowater.

GEMXX, Clowater explained, achieved the goals by assembling a team with more than 160 years of combined experience in gold and gemstone production, operations, and sales. “Then we used their experience to organize all of our production and establish global distribution channels all within the…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Researchers Say a Worldwide Inventory of Mines is Needed

January 25, 2024 15:09:33

Mining is a necessary industry, especially since we depend on everything from sand and iron to gravel and copper in the modern world. Even with the shift to the use of cleaner energies as we work to reduce our CO2 emissions globally, we know very little about what goes on in this crucial industry around the globe. Experts believe that the lack of strong data on different aspects of mining operations and the absence of a comprehensive inventory of mines around the globe may be obstructing efforts for sustainability in this sector.

A recent article published in the…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Last Year Saw Coal Exports, Power Generation Reach Record Levels

January 24, 2024 14:57:46

London-based environmental think tank Ember has revealed that global coal exports and coal-fired power generation reached record highs in 2023 despite worldwide efforts to reduce coal use. The nonprofit think tank found that for the first time, thermal coal exports exceeded a billion metric tons as nations across the globe increasingly used coal to generate electricity.

Coal-fired power generation reached 8,295 terawatt hours (TWh) by October 2023, increasing by 1% from the same period the previous year and…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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GEMXX Corp. (GEMZ) Provides Updates on Progress to Acquire 50% Interest in Yukon Gold Project Property as Part of Long-Term Asset Expansion Plan

January 24, 2024 08:05:00
  • GEMXX in September signed a binding letter of intent to acquire a 50% interest in the historic Yukon Gold Project, which holds 2,210,660 ounces of proven gold resources, and potentially holds a total of 4 million ounces of gold
  • The company recently updated the progress made in the review and verification of previously completed exploration work as part of the due diligence process to purchase the Yukon Gold Project property
  • GEMXX is also assessing the data to determine whether other minerals and/or rare earth elements are also commercially viable on the property
  • The move to acquire the Yukon Gold Project property is part of GEMXX’s long-term asset expansion plan, which has also seen it acquire a 50% interest in an exploration company that owns 100% interest in two gold projects in British Columbia, Canada

GEMXX (OTC: GEMZ), a publicly traded, mine-to-market company that focuses on producing gold, gemstone, and jewelry from its own land resources, has this year intensified the execution of its long-term asset expansion plan, initially acquiring a 50% interest in Crazy Horse Mining Inc. (“CHMI”), a Canadian exploration company that owns 100% interest in two gold projects in British Columbia, Snow Creek and Rosella Creek, covering more than 700 acres (https://ibn.fm/B5mmQ).

“The acquisition of the Snow Creek and Rosella Creek gold asset portfolio enhances the company’s long-term asset expansion plan and helps to de-risk revenues, but more importantly, it complements our Ammolite production with the world’s most sought-after commodity,” said GEMXX CEO Jay Maull of the…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Miners Find Workaround Against Ongoing Narco War in Ecuador

January 23, 2024 13:24:46

Ecuador has suffered an escalating drug trafficking-related security crisis since 2020 that culminated in the Ecuadorian government declaring war on armed gangs after masked gunmen broke into a public TV station during a live broadcast. Despite this, the country’s young mining sector is taking steps to work around the escalating violence and continue production.

Ecuador contains extensive mineral resources and is one of the world’s largest exporters of copper, silver and gold. Gold and silver mines owned by…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – GEMXX Corp. (GEMZ) Poised for Robust Growth Amid Surging Demand for Ammolite Jewelry and Gold

January 23, 2024 11:12:46

GEMXX (OTC: GEMZ), a mine-to-market gold producer and leading provider of exquisite gemstone jewelry, today announced that it anticipates significant growth over the next 24 months. With its diversified portfolio, including its gold-related ventures, the company is strategically positioned to capitalize on the sustained upward trajectory in gold prices as well as the burgeoning demand for ammolite jewelry, which has rapidly gained recognition as a rare gemstone. “We are excited about the tremendous potential for growth in both the ammolite and gold markets,” said GEMXX Corporation President Richard Clowater. “Our commitment to quality, craftsmanship and our ability to adapt to market dynamics position us for sustained success. We are confident we will be able to deliver strong returns to our shareholders.”

To view the full press release, visit https://ibn.fm/SVba6

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about the company, visit GEMXX Corporation.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Bulk Metallurgical Test Program at Iska Iska Project

January 23, 2024 10:12:32

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has announced the final results of its bulk metallurgical test program on the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. According to the report, metallurgical tests from a 6.3 tonne PQ drill core bulk sample returned a significantly higher average silver value, suggesting that the average silver grade is likely underreported in the original report. The testing also confirmed the viability of “ore-sorting” and dense media separation at the project. In addition, excellent preconcentration results from the higher grade polymetallic domain are now proven. The report noted that the introduction of the preconcentration stage allows Eloro to have more operational flexibility based upon conducting economic trade-off scenarios between reducing downstream capital-operating costs and optimizing overall metal recoveries. The report observed that tin (“Sn”) could potentially contribute to the enhanced values in the initial Preliminary Economic Assessment (“PEA”) with additional metallurgical testing and infill drilling. “The substantive difference in average silver grade in the bulk sample compared to the twinned holes strongly suggests that the silver grade in the two original twinned holes is likely significantly underreported due to the much smaller sample size,” said Eloro Resources CEO Tom Larsen in the press release.

“The recently released results from the definition drill program in the same general area within the initial MRE, which yielded a number of higher-grade Ag intersections, also reflected in the improved silver grade equivalent values, further supports this underreported silver grade conclusion. These results highlight the fact that tighter-spaced drilling is required to have a more representative sampling of high-grade areas in the Iska Iska deposit to obtain a more accurate estimate of the likely true overall grade. While the initial test program focused on the higher-grade part of the polymetallic domain as this is where the bulk of the current mineral resource is, further testwork is planned on the tin domain, which is very underdrilled. The recent definition drilling reported significant Sn results, and it is expected that additional definition drilling will expand and upgrade the tin resource so that it can potentially be included in the Preliminary Economic Assessment in progress.”

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

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 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 the Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. For more information about the company, visit www.EloroResources.com.

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Copper Slides on Market as US Dollar Gains Ground

January 22, 2024 14:23:59

Gains by the U.S. dollar caused copper prices to fall last week, but renewed hopes for increased stimulus in China curbed the metal’s losses. The dollar saw its value rise to a one-month high after comments made by U.S. Federal Reserve Board Governor Christopher Waller contributed to reduced investor expectations of a benchmark interest rate cut in March.

London Metal Exchange CMCU3 three-month copper prices decreased by 0.2% to trade at $8,363 per metric ton after the official’s comments. Waller said that although the…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Cracks Inside Tailings Facility Force Newmont to Suspend Gold Processing

January 19, 2024 15:12:07

The Telfer mine located in Pilbara, Western Australia, has halted its processing operations following cracks that were detected at a tailings dam on site. Tailing dams are used to store mining operation byproducts, which can be toxic on mine sites.

The gold and copper and silver mine, which was discovered by Newmont Corporation (NYSE: NEM) (TSX: NGT) in 1972, is situated 200 kilometers east of…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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The Disconnect Between Gold, Inflation Again Manifests as Inflation Data Is Published

January 18, 2024 14:25:51

Although gold has historically served as an inflation hedge, there has been a disconnect between the precious metal and inflation in recent years. Several years of crisis after crisis caused inflation levels to rise globally, but gold prices failed to rise in turn, frustrating many investors who would have used gold to preserve the value of their portfolios.

The most recent round of U.S. inflation data brought this disconnect to the fore again when gold prices failed to…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Wind Energy Overtakes Coal Use as Electricity Source in Europe

January 17, 2024 15:27:37

For the first time in Europe’s history, wind-powered energy generation surpassed electricity from coal in the fourth quarter of 2023. Energy think tank Ember found that European power producers used wind power sites to generate a record 193 terawatt hours (TWh) of electricity from October to December 2023 compared to 154 TWh from coal power plants.

Last year’s final quarter saw wind generation increase by more than 20% compared to the same time window in 2022, even though the wind installation industry was…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports Significant Assay Results at Saskatchewan Project, Upgraded Results in Brazil Project

January 16, 2024 14:17:35

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced initial geochemical assay results from its 2023 drilling program; the program was conducted on the Magnet Ridge Zone at Appia’s Alces Lake Project in northern Saskatchewan. According to the announcement, these significant findings “mark a pivotal milestone” in the company’s focus and commitment to advance exploration and development initiatives within the prolific Athabasca Basin area. Highlights of the report include returned assays of up to 1.57 wt.% (15,700 ppm) total rare earth oxides (“TREO”), with thickness and grades increasing to the south-southeast; mineralization intervals occurring from near surface to less than 85 meters depth; and multiple intervals in 23-MR-002 and 23-MR-003, extending downward in a westerly direction. The company also noted that it plans future exploration to continue in the west-southwest, extending downward into current intersections toward the mineralization at Magnet Ridge West. “The 2023 Alces Lake exploration campaign completed a successful season of prospecting, channel sampling and diamond drilling across the entire large property,” said Appia Rare Earths & Uranium lead geologist Kahlen Branning in the press release. “Specifically, here at Magnet Ridge, our team was able to delineate the SSE-most extent of the Magnet Ridge mineralization. Our prospecting team has uncovered a multitude of new, potential drill targets on the property that necessitate further detailed exploration, many of these display anomalous radioactive counts, from 5,000 counts per second (cps) to 40,000 cps. These new zones match our original hypothesis regarding the location of low-to-high-grade mineralization along the main regional shear zone and within the fold nose/hinge zone area of a large regional fold structure.”

In addition, the company also announced a substantial increase in the total weighted average grade of drill hole PCH-RC-063 at its PCH Ionic Adsorption Clay project, which is located in Goias, Brazil. The company had reported on the drill hole in October 2023. The new announcement noted that the reverse circulation (“RC”) PCH-RC-063 drill hole exceeded multiple intervals limits of detection (“LOD”), which prompted a reanalysis of the drilling results using methods designed for very high-grade samples, which was conducted by SGS Geosl Labs. The updated assays reveal a significant 42.2% increase in TREO and a notable 9.2% increase in magnet rare earth oxides (“MREO”). “These assays not only validate the extraordinary results of the PCH-RC-063 drill hole but also underscore the substantial high-grade potential mineralization in the SW Extension Zone,” said Appia Rare Earths & Uranium CEO Tom Drivas in the press release. “We are excited about the possibilities revealed by these findings and advancing additional exploration and development efforts to fully tap into the promising potential of this high-grade zone.”

To view the full press releases, visit https://ibn.fm/sVqn0 and https://ibn.fm/0UEYP

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade, critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 40,963.18 hectares in size and located within the Goiás state of Brazil. The company successfully added 23,412.11 hectares to the PCH project, bringing the overall project size to 40,963.18 hectares. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Doubling Down on Separation and Refining of Critical Metals Amid China’s Ban on Export of Rare Earth Technology

January 16, 2024 09:35:00
  • Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, views China’s recent ban on the export of technology to produce rare earth permanent magnets as an opportunity
  • Through this ban, the company looks to grow and assert its dominance in the sector, all while doing away with dependence on China
  • This is made possible by its RapidSX(TM) technology, which it has been slowly perfecting
  • It is also made possible by its  Demonstration Program, along with its Louisianna facility that sets it on track to separating friendly REEs and OEMs by 2025

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S., is looking to double down on its unique method of separation and refining of rare earth elements, an approach that it is confident will assert its market dominance, and stamp its position as an industry leader. This comes in the wake of China announcing a ban on the export of technology to produce rare earth permanent magnets, along with the ban on technology associated with the separation of REEs in what experts in the field have termed as an “REE race” (https://ibn.fm/ehEYY).

On December 21, 2023, China announced that it had banned all exports of technology to produce rare earth permanent magnets, citing national security concerns. It also confirmed the existing ban on technology associated with separating REEs. This followed the introduction of export permits for…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Factors That Could Affect the Graphite Market in 2024

January 12, 2024 12:43:27

Graphite is a critical mineral used in electric car batteries as well as in pencils, cores for nuclear reactors and brushes for electric motors, among other things. As the use of electric cars continues to grow globally, the demand for this particular metal is expected to increase.

The mineral, either natural or synthetic, can be used in battery anode applications. It is usually built into the anode, with each battery containing anywhere from…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Participation at National Defense Industry Association Event

January 12, 2024 11:41:05

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, will be presenting at this month’s Mine to Magnet Workshop presented by the National Defense Industry Association (“NDIA”). Hosted by Lockheed Martin, the two-day event is scheduled for Jan. 16–17, 2024; Ucore’s presentation, which will be part of the “Disruptions and Substitutes” session, is slated for Jan. 17. During the workshop, stakeholders from government and the rare earth supply chain will discuss the challenges and opportunities in this critical supply chain. “We are thrilled to be invited to speak at this prestigious event,” said Ucore Rare Metals chair and CEO Pat Ryan in the press release. :The challenges and opportunities associated with the developing North American rare earth supply chain cannot be overstated. We look forward to discussing these issues with NDIA members and other stakeholders as we work to bring the production of these critical materials onshore.”

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

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’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 establishment of a heavy and light rare-earth processing facility in Louisiana, subsequent strategic metal complexes in Canada and Alaska, and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in southeast 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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China Bans REE Technology Exports, Cites ‘National Security Concerns’

January 11, 2024 15:06:02

This year may prove to be an even more volatile year for the rare earth element (REE) supply chain after China announced a ban in late 2023 on the export of technology used to develop rare earth magnets. Although China noted that the REE technology export ban is due to “national security concerns,” this may be the latest sign that Beijing is hitting back against U.S.-led bans on the sale of advanced chips to Chinese companies by leveraging its dominance in the global rare earth element sector.

The ban will undoubtedly impact the creation of rare earth magnets in foreign markets such as the United States and may result in supply chain issues for…

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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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Expands Exploration Rights at PCH Rare Earths Ionic Adsorption Clay Project

January 11, 2024 13:35:41

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced the extension of its existing mining claims at the PCH project in Goiás, Brazil from 17,551.07 hectares to an expansive 40,963.18 hectares across a total of 22 claim blocks. The substantial 133% increase in the current land package includes 12 new claims independently staked by Appia, but included as part of the project acquisition, incurring minimal costs. “The expansion of our exploration rights to 40,963.18 hectares marks a pivotal moment for Appia in Brazil as we build on the momentum achieved through our initial drilling program at the Target IV and Buriti zones,” said Stephen Burega, president. “Our dedicated Brazilian team is eager to explore the untapped potential of the northern corridor, where similar geological and geophysical features have been identified. There is huge potential in these new claim blocks as we can draw clear parallels to the favourable geology that hosts the critical rare earth minerals that initially convinced us to enter into our agreement on the PCH project. Doubling the size of our overall land package within the prolific alkali province not only reflects our commitment but also strengthens the company’s strategic plans.”

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

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 13,008 hectares (32,143acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH project, which is 17,551.07 ha. in size and located within the Goiás state of Brazil. (See June 9, 2023, Press Release). The company successfully added 23,412.11 ha to the PCH project’s total hectares with the approval of 12 new claims, bringing the overall project size to 40,963.18 ha. For more information, visit the company’s website at Appiareu.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Final Results from Iska Iska Project Definition Drill Program

January 11, 2024 13:20:43

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting on the final assay results for the last six diamond drill holes in its 11-hole definition drill program on the Iska Iska project. A silver-tin polymetallic project, Iska Iska is situated in the Potosi Department of southwestern Bolivia. Highlights of the report indicate that Hole DSB-66 returned well mineralized intersections; Hole DSB-65 showed a very high-grade sample indicating the potential for Iska Iska to host extraordinary grades within the overall extensive mineralized system; and Hole DSB-63, the eastern most hole in the definition drill program, intersected a significant tin (“Sn”) intersection. Overall, the company noted that the definition drill program has expanded both the higher-grade Sn and silver (“Ag”) zones, specifically to the west where limited drilling had taken place previously. The announced noted drilling results have shown upgraded tin and silver values from near surface down to at least 500 meters in vertical extent, with geophysical information and deep drilling indicating that tin-silver mineralization may extend to depths of 1 kilometer or more.

“I am very pleased with the continuation of significantly higher-grade silver equivalent results from the latest definition drilling program, compared to the initial mineral resource estimate (‘MRE’) starter pit area model as previously reported,” said Eloro Resources CEO Tom Larsen in the press release. “These new results highlight the potential to upgrade and expand the higher-grade resource in the Santa Barbara starter pit area. . . . Tin is proving to be an important metal contributor to these upgraded silver equivalent results. This can enhance NSR values and increase tonnage in future MRE studies. There is more and more evidence of high temperature sulphidation centers being identified as feeders within the open pit area resulting in upgraded tin and silver values. Higher density definition drilling in the initial Santa Barbara open pit envelope is consistently proving up higher grades as drill density is improved.”

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

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 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 the Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. For more information about the company, visit www.EloroResources.com.

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Emissions in Germany Drop to 70-Year Low Amid Drop in Coal Use

January 10, 2024 16:02:47

Greenhouse gas emissions in Germany hit a 70-year low in 2023, thanks to the country’s reduced reliance on coal for energy generation. Europe’s largest economy has been cutting coal use as part of efforts to combat climate change, and according to research institute Fraunhofer ISE, Germany has reduced coal power production to the lowest levels since 1963.

Germany’s total share of coal-fired power production had fallen by nearly one-third in 2023, bringing the fossil fuel’s share of the country’s net power generation to…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Organic Fertilizers Promise to Make Soil Healthier While Yielding More Wholesome Crops

January 9, 2024 15:07:42

A Kings Research study has predicted that the global organic-fertilizer sector will grow at a compound annual growth rate (CAGR) of 1.31% to generate revenue worth $27.48 billion by 2030. Organic fertilizers are developed using organic sources such as cattle manure, organic compost, domestic sewage and poultry droppings.

Although organic fertilizers typically have a lower nitrogen, potassium and phosphorous profile compared to synthetic fertilizers, they can provide plants with nutrients for a…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Executes MOU with Defense Metals

January 9, 2024 11:53:37

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, announced the execution of a nonbinding Memorandum of Understanding (“MOU”) with Defense Metals Corp. According to the announcement, the MOU defines an enhanced working relationship between the two companies as they collaborate to  explore opportunities as they move toward commercialization efforts for a North American rare earth element (“REE”) supply chain. One of the first projects entails Defense Metals shipping a mixed rare earth carbonate sample from its Wicheeda REE deposit to Ucore’s RapidSX(TM) Commercialization and Demonstration Facility in Ontario. According to the announcement, the sample will be shipped for testing in the next few weeks. This sample was generated last year during hydrometallurgical piloting test work performed on concentrate produced by earlier flotation pilot plant testing of a 26-tonne bulk sample from Defense Metal’s British-Columbia-based Wicheeda Property. “The opportunity to align closer with Defense Metals is strategically important,” said Ucore Rare Metals chair and CEO Pat Ryan in the press release. “The MOU lays out the framework wherein Defense Metals’ technically strong and readily accessible North American REE resource can be further processed and refined using Ucore’s Canadian-founded technology, RapidSX. Receiving the sample mixed rare earth carbonate at our Kingston CDF will start the process of determining what may be possible between the companies as we collectively look to fuel the 21st-century energy transition.”

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

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’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 establishment of a heavy and light rare-earth processing facility in Louisiana, subsequent strategic metal complexes in Canada and Alaska, and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in southeast 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Sale of Ontario-Based ZigZag Property

January 9, 2024 10:55:50

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has sold 100% interest in its ZigZag Lake Lithium property to Metals Corp. The property is located near Crescent Lake, Ontario. The purchase agreement was dated Jan. 8, 2024. According to the announcement, Metals Corp. paid $400,000 to Reflex and issued one million common shares for the property. The announcement noted that, in connection with the closing of the acquisition, Reflex exercised its option in accordance with the mineral property option agreement dated Sept. 1, 2021, following which it conveyed the property title to the purchaser. According to the agreement, consideration shares will be subject to a hold period under applicable securities laws; that hold period will expire four months and one day after the consideration shares are issued or the purchaser becomes a reporting issuer in any province or territory of Canada, whichever is later. In addition, the shares will be subject to a 24-month escrow release schedule with 250,000 shares being released every six months following issuance.

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

About Reflex Advanced Materials Corp.

Reflex Advanced Materials is a mineral exploration company based in British Columbia. The company’s objective is to locate and, if warranted, develop economic mineral properties in the strategic metals and advanced materials space. The company is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. The company is also working to advance its Ruby Graphite Project, located in Beaverhead County, Montana, and ZigZag Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario. For more information about the company, visit www.ReflexMaterials.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finishes Demo Plant Commissioning for REE Processing, Turns to DOD Project and Commercial Facility Build-up

January 9, 2024 08:05:00
  • Canadian metals supply company Ucore Rare Metals Inc. recently announced completion of the third and final stage of its Demonstration Plant commissioning process for the separation of critical rare earth element (“REE”) metals used in various important technologies
  • The commissioning process is a key part of the company’s demonstration of its proprietary RapidSX(TM) REE processing technology as it prepares for commercial production
  • Ucore is at the forefront of companies attempting to break China’s virtual monopoly on REE production and separation processes by developing American-based supply chain solutions
  • The company will now focus on proving its RapidSX(TM) technology in response to U.S. and Canadian government-funded projects seeking a direct techno-economic comparison between conventional solvent extraction (“CSX”) and RapidSX(TM)
  • Ucore will also begin work on building its commercial operation for REE separation using RapidSX(TM) in Louisiana this month

Strategic metals supply chain innovator Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) recently completed the commissioning of its superior technology being put to the test for commercial use in separating heavy and light rare earth elements (HREEs, LREEs, or REEs) that are key ingredients in permanent magnets helping to drive modern computerized products.

Ucore has been racing to launch commercial REE separation production at its Louisiana facility to fill a vital unmet need for American-based supply operations that will ensure the flow of the components making up technologies used in a range of critical applications, from cell phones to…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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As 2024 Gets Underway, Gold Seems Set on Upward Trajectory

January 5, 2024 13:54:45

After seeing its prices rise significantly in late 2023, gold seems to be maintaining its upward trajectory in 2024. The precious metal surged in value significantly as a confluence of global factors increased its safe-haven appeal and drew tons of investors looking to protect their portfolios from potential economic disaster.

With several armed conflicts raging on across the world, U.S. Treasury Yields dropping to their lowest levels since August, gold prices have surged to…

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NOTE TO INVESTORS: The latest news and updates relating to Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) are available in the company’s newsroom at https://ibn.fm/RGDFF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Recaps Successful Year, Eyes Robust 2024 Development Plans

January 5, 2024 11:58:53

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) has announced that 2023 was a highly successful year for the restructured company. Among the highlights, PEI reportedly drilled, completed and tied-in nine horizontal wells in heavy oil reservoir with initial production rates exceeding expectations at 100+bpd per well. The ninth well was rig released on Dec. 24 and was brought online on Dec. 28. Prospera also drilled a directional well accessing medium-light oil flowing at 500+ Bpd. The company attained gross peak rates of 1,800 boepd prior to year-end, excluding the production of the recently drilled and completed horizontals, and the shut-in production for drilling. This continued production resulted in a monthly average of approximately 1,300 gross boepd. Currently, Prospera’s total production capability is 2,200 boepd that will be optimized in the next few weeks barring any extreme winter weather conditions. In addition, the company was effectively able to fund the 2023 development plan with minimal dilution. PEI’s future development goals are substantiated and encouraged by the 2023 development drilling and production results. Therefore, Prospera is proposing robust development and acquisition plans to attain year end production rates of 5,000 boepd in 2024. Further, PEI intends to pilot and implement enhanced oil recovery (“EOR”) methods and add to existing production levels. The strategic acquisitions are to expand the core reserve base and diversify the product mix. Prospera will facilitate funding for its 2024 development program through cash flow generated from existing operations, debt and equity financing through private placement.

To view the full press release, visit https://ibn.fm/2Ld8u

About Prospera Energy Inc.

Prospera Energy is a publicly traded energy company based in Western Canada, specializing in the exploration, development and production of crude oil and natural gas. Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. Prospera was restructured in the first quarter of 2021 to become profitable and in compliance with regulatory, environmental, municipal, landowner, and service stakeholders. The company is in the midst of a three-stage restructuring process aimed at prioritizing cost effective operations while appreciating production capacity and reducing liabilities. Prospera has completed the first phase by optimizing low hanging opportunities, attaining free cash flow, while bringing operation to safe operating condition, all while remaining compliant. Currently, Prospera is executing phase II of the restructuring process, the horizontal transformation intended to accelerate growth and capture the significant remaining reserves (400 million bbls). These horizontal wells allow PEI to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase III of Prospera’s corporate redevelopment strategy is to optimize recovery through EOR applications. Furthermore, Prospera will pursue its acquisition strategy to diversify its product mix and expand its core area. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas. PEI continues to apply efforts to minimize its environmental footprint. Also, efforts to reduce and eventually eliminate emissions, alongside pursuing innovative ESG methods to enhance API quality, thereby achieving higher margins and eliminating the need for diluents. For more information about the company, visit www.ProsperaEnergy.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) the West’s Strategy to Weaken China’s Minerals Dominance with its RapidSX(TM) Technology

January 5, 2024 08:05:00
  • Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, is in the process of perfecting and ultimately commercializing the separation and purification of critical metals
  • This is in a move to slash reliance on Chinese rare earths technologies and its toxic by-products
  • The company has made incredible headway over the years and is on track to commercially separate U.S.-friendly sources of REES, using its RapidSX(TM) technology, by 2025
  • The commissioning of its RapidSX Demonstration plant in Kingston, Ontario, earlier this year affirms its commitment to actualizing the goal of re-establishing a North American rare earths supply chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S., understands the current state of the rare earths market, currently dominated by China. As a nation that has spent 30 years mastering solvent extraction, China has gotten the upper hand in the industry, leaving the West playing catch up in what appears to be a challenging position for players therein. Ucore, however, is seen as being ahead of the game, through having developed a more efficient processing technology for extracting REE products (https://ibn.fm/g4S5L).

Through its RapidSX(TM) technology, the company is perfecting and ultimately commercializing the separation and purification of critical metals, a move that would slash reliance on Chinese rare earths technologies and its toxic by-products. More importantly, it would add to the commercial viability of…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Indians Recycle Jewelry as Gold Prices Surge

January 4, 2024 15:04:53

Indians are reportedly exchanging their gold jewelry for new pieces despite rising gold prices amid a wedding season-induced demand boom. India Bullion and Jewelers Association national secretary Surendra Mehta says that an increasing number of Indians are choosing to reuse their gold and predicts that high gold prices will continue to pressure imports for the next couple of months.

Mehta notes that while many Indian consumers are buying gold to meet their wedding-related needs, they tend to stay away from the…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Acquisition of Louisiana Facility for Future REE Processing Plant

January 4, 2024 12:13:13

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has acquired an 80,800-square-foot brownfield facility in Alexandria, Louisiana. The company plans to use the structure, which is located on a 10-plus acre industrial parcel, for the development of its first commercial rare earth element (“REE”) processing facility. According to the announcement, Ucore has entered into a multidecade lease for the property with the England Economic and Industrial Development District (“EEIDD”). The facility is situated at the England Airpark, which is a former Air Force base dedicated to generating economic development in central Louisiana. Ucore plans to develop the site into the Louisiana Strategic Metals Complex (“LA-SMC”), which will have capacity to process 2,000 tonnes per annum (“tpa”) of total rare earth oxides (“TREO”) by 2025, with that capacity increasing to 7,500 tpa TREO by 2027. “Ucore is very pleased to announce the completion of this acquisition process and is extremely grateful to the city of Alexandria, England Airpark, GAEDA (‘GAEDA’), the governor of Louisiana, Louisiana Central, Louisiana Economic Development, Rapides Parish, Louisiana’s federal delegation and numerous other entities that helped us secure this long-term arrangement in Alexandria,” said Ucore vice president and chief operating officer Mike Schrider, PE, in the press release. “This lease structure allows us time to get to a revenue position and to simultaneously cultivate developing opportunities for planned expansion and prospective joint ventures for the adjacent 50 acres of industrial property as we truly seek to establish a comprehensive and integrated rare earth supply chain in North America.”

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

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’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 establishment of a heavy and light rare-earth processing facility in Louisiana, subsequent Strategic Metal Complexes in Canada and Alaska, and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in southeast 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Could This Be Ideal Time to Add Gold ETFs to Your Investments?

January 3, 2024 11:09:04

Gold prices have surged in recent months as falling treasury yields, a weak dollar and significantly increased safe-haven appeal bolstered the metal’s value. The ongoing conflict in Gaza has also had a positive effect on gold prices, increasing the precious metal’s value in the days and weeks after the initial invasion by Hamas and supporting its prices as investors remain wary of the conflict triggering a war in the broader oil-producing region.

With several armed conflicts raging around the world and gold making regular gains, many investors are considering adding gold to their portfolios to…

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NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Fund Managers Rethink Copper Prices as Supply Situation Evolves

January 2, 2024 13:46:46

An unexpected drop in global copper supplies has left fund managers rethinking copper prices amid uncertain supplies and predicted shortages. Prior to the sudden drop in copper supply, experts predicted a market surplus that would last well into 2024 and support the steady increases in copper demand as the EV and green-energy industries grew.

However, the closure of a major mine in Panama and reduced copper production by South American miners have cost the global supply an…

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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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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What is the Right Quantity of Silver in Your Investment Portfolio?

December 29, 2023 12:47:24

For centuries, silver has been used as a store of value, similar to other precious metals. Silver is used in various industries, with one of its primary uses being in solar energy as a conductor for photovoltaic cells. The metal also has a variety of technological applications, including its use in 5G connectivity. It is expected that silver’s industrial demand will continue to grow, particularly as the shift to renewable sources of energy gains traction.

In recent times, this industrial metal has also become a popular option for investment. However, knowing the right quantity of silver to include in an…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases Shareholder Letter Reviewing Year

December 29, 2023 11:56:52

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has released an end-of-year letter for its shareholders. Signed by company president Stephen Burega, the letter reviewed the year’s successes and achievements for the company. Highlights of the letter included the company’s expansion into Brazil through an earn-in agreement to acquire up to 70% interest in the PCH Ionic Adsorption Clay project in Goiás State; the hiring of of SGS Geological Services, led by Marc-Antoine Leporte, to prepare a Mineral Resource Estimate (“MRE”) on its high-grade Ionic Adsorption Clay REE Target IV project and a NI 43-101 technical report on the PCH Project; the company’s key partnership with the Saskatchewan Research Council (“SRC”) regarding its Alces Lake project in Saskatchewan; and a review of the two markets — rare earth elements (“REE”) and uranium — that the company operates in. Burega noted that China’s multiple bans on the export of various critical minerals, equipment and technology essential for constructing rare earth magnets, as well as technology for extracting and separating critical materials has exerted a positive influence on the growing demand for critical REEs and could act as a catalyst in strengthening the company’s position in the global critical rare earths market; the letter also noted the increasing demand for uranium including the need for increased production to address the supply gap.

“This past year has been extraordinary for the company,” said Appia Rare Earths & Uranium president Stephen Burega in the letter. “Not only have we continued to move forward with our Canadian assets — with our priority focus on our flagship Alces Lake project in Northern Saskatchewan — but we have also expanded well beyond our Canadian borders into South America. . . . Our dedicated drilling programs have yielded promising results, further solidifying our position in the dynamic rare earth elements sector. We look forward to continued success on future drilling campaigns and the resulting data obtained from those exploration activities. As we navigate through these exciting developments in Brazil, Appia remains steadfast in its commitment to further develop our projects in Canada. We appreciate the support from our shareholders and communities of influence, and we anticipate a future marked by continued success and impactful milestones.”

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

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade, critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake CampOntario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás state of Brazil. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Records Show Chinese Imports of Coal from Australia, Indonesia Spiked in November

December 28, 2023 12:45:39

Latest figures show that coal imports into China from Indonesia increased by about 16% in comparison to import figures from October. In the same period, coal imports from Australia also rose by almost 30%, with the increase being attributed to utilities restocking in preparation for power generation through the winter.

The General Administration of Customs also released data showing coal shipments from Indonesia, most of which are under annual supply contracts, hit 18.3 million metric tons in…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

December 28, 2023 10:47:14

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5 million in common shares to Astron for being included in the venture to cover the entire Donald Deposit. The company anticipates that the Donald Project has the potential to supply Energy Fuels with approximately 7,000 tonnes of rare earth-bearing monazite sand per year starting in 2026, ramping up to 14,000 tonnes per year thereafter. A world-class, world-scale, “shovel-ready” critical mineral deposit, the Donald Project has potential to be a near-term, low-cost, and large-scale source of monazite sand in an REE concentrate for Energy Fuels.

“Energy Fuels is working to secure future large-scale in-siturare earth element projects around the world, which we expect to become low-cost sources of feed to supply our U.S.-centric REE supply chain in the coming years,” said Energy Fuels president and CEO Mark S. Chalmers in the press release. “Earlier in 2023, we acquired the Bahia Project in Brazil, and now we are working toward partnering with Astron on the Donald Project in Australia. Energy Fuels’ goal is to source monazite from the U.S. and around the world and become a reliable, globally diversified, multidecade supplier of U.S.-produced magnet REE oxides to EV manufactures and other end users. Our announcement today should help people ‘connect the dots’ to better understand the magnitude of our burgeoning REE business strategy. We are earning into an essentially ‘derisked’ heavy mineral sand project that is in Australia, has many years of detailed resource and project evaluation, and has all the main regulatory approvals in place or well-advanced.”

To view the full press release, visit https://ibn.fm/24c84

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium and critical minerals company. As the leading producer of uranium in the United States, Energy Fuels 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 beginning in 2024. 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, and substantially all 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 country today, has a licensed capacity of more than 8 million pounds of U3O8per year, and 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 U3O8per 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, Energy Fuels also has one of the largest NI 43-101-compliant uranium resource portfolios in the United States and several uranium and uranium/vanadium mining projects in production, on standby and in various stages of permitting and development. 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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How Long Should an Investor Keep Gold Holdings?

December 27, 2023 15:37:41

With the year drawing to a close, gold is shaping up to be one of the most attractive investment vehicles for investors. Several geopolitical factors coupled with investor fears of a war in the oil region have significantly increased gold’s safe-haven appeal in recent months and caused gold prices to rise.

A weakening dollar coupled with a fall in treasury yields also caused gold prices to rebound even further, and by Dec. 20, 2023, spot gold was holding steady at…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Copper Supply Unexpectedly Lower Than Initially Thought

December 26, 2023 12:11:48

The copper market has unexpectedly lost the surplus supply it was poised to enjoy for the next few years. Experts had predicted a surplus of the metal through the end of the year and into 2024; that surplus was expected to contribute to additional supply in the coming years. The general consensus was that there would be a comfortable supply surplus for the near future until surging demand from renewable infrastructure and electric vehicles tightened the market later in the decade.

However, the mining industry dashed these expectations when it demonstrated how vulnerable it is to market factors such as social opposition and politics as well as…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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What Investors Need to Know When Comparing Risks of Gold ETFs vs. Physical Gold

December 22, 2023 14:43:50

With gold prices surging to historic highs in recent weeks, many investors are considering adding gold to their portfolios. Although the precious metal saw its performance falter in 2022 thanks to rising interest rates and a strong dollar, recent geopolitical events have significantly increased gold’s safe-haven appeal among investors.

Gold has traditionally acted as a stabilizing asset that can protect portfolios from market volatility and inflation. Now that the ongoing conflict in Gaza is increasing…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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The Fed’s Dovish Signal Buoys Gold Market

December 21, 2023 16:17:16

Gold prices surged even higher last week after the Federal Open Market Committee issued a surprisingly dovish statement. While the precious metal has performed admirably over the past few weeks, several months of interest rate hikes coupled with a strong dollar depressed gold prices for several months. High interest rates increased the opportunity cost of holding gold bullion and encouraged investors to buy alternative assets that paid interest.

However, hopes of the U.S. Federal Reserve reversing its hawkish stance in 2024 coupled with several geopolitical events, particularly the conflict in…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Completes Final Stage of Demo Plant Commissioning, Begins DOD Demonstration Program

December 21, 2023 15:28:42

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has completed the third and final stage of planned commissioning procedures at the company’s RapidSX(TM) Commercial Demonstration Plant; the company has also begun the U.S. Department of Defense (“DoD”) demonstration program. The demo plant is situated at Ucore’s 5,000-square-foot RapidSX Commercialization and Demonstration Facility in Kingston, Ontario; the facility is operated by Ucore’s commercialization partner, Kingston Process Metallurgy Inc. “Since early this year, the company has been testing, adjusting and optimizing its 52-stage demo plant to meet its RapidSX commercialization and demonstration deployment objectives in Louisiana,” said Ucore vice president and chief operating officer Mike Schrider, PE, in the press release. “Ucore is very pleased to announce the completion of commissioning procedures with its third and final mixed REE chemical concentrate and the commencement of its U.S.–DoD demonstration program. The objectives of this program are to establish a direct techno-economic comparison between conventional solvent extraction [‘CSX’] and RapidSX for separating heavy and light rare earth elements and to establish RapidSX technology for commercial deployment in North America.”

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

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’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 Strategic Metal Complexes in Canada and Alaska, and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in southeast 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Commences Production at Three US Uranium Mines

December 21, 2023 14:50:38

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has begun uranium production at three of its permitted and developed uranium mines in response to strong uranium market conditions; those mines are located in Arizona and Utah. The company is also preparing two additional mines in Colorado and Wyoming for expected production within the next year while advancing permitting on several other large-scale U.S. mine projects in order to increase uranium production in the coming years. According to the announcement, nuclear energy is increasingly being recognized as a clean-energy resource around the world, with many buyers seeking non-Russian uranium. UUUU is uniquely positioned to immediately increase uranium production through multiple assets around the country, including the only licensed and operating conventional uranium processing facility in the U.S.

“Due to the substantial increase in uranium prices, U.S. government support for nuclear energy and nuclear fuel, and a global focus on reducing carbon-emissions, Energy Fuels is resuming large-scale uranium production,” said Energy Fuels president and CEO in the press release. “Uranium spot prices are currently near $90 per pound, which is the highest level seen since 2007 when the uranium spot price reached a high of $135 per pound, or over $200 per pound on an inflation-adjusted basis. Energy Fuels is recognized globally as a dependable U.S. uranium supplier that operates to the highest environmental, safety and efficiency standards. Energy Fuels has made the required investments over the past several years to prepare for today’s uranium markets, and we are uniquely positioned to successfully resume U.S. uranium production in 2024. . . . In addition to aggressively restarting uranium production, we will also continue to rapidly advance our rare earth element processing and other plans, which are expected to become significant value streams that complement our core uranium business.”

To view the full press release, visit https://ibn.fm/wc2fO

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium and critical minerals company. As the leading producer of uranium in the United States, Energy Fuels 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 2024. 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, and substantially all 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 country today, has a licensed capacity of more than 8 million pounds of U3O8per year, and 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 U3O8per 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, Energy Fuels also has one of the largest NI 43-101-compliant uranium resource portfolios in the United States and several uranium and uranium/vanadium mining projects in production, on standby and in various stages of permitting and development. 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Announces Settlement Agreement over Termination of Strategic Alliance

December 21, 2023 14:36:15

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) has announced that, further to its news release of Feb. 13, 2023, it has settled the claim brought by Barrick Gold Corporation (NYSE: GOLD) on a mutually acceptable basis. According to the update, the company and Barrick have agreed that the strategic alliance agreement entered into by them on Feb. 3, 2019, has been terminated. The parties have no outstanding obligations under the agreement, and there are no properties subject to the agreement. A consent dismissal order will be entered in the Ontario Superior Court to dismiss the claim.

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

About Reunion Gold Corp.

Reunion Gold is a leading gold explorer in the Guiana Shield, South America, focused on exploring and developing its 100%-owned Oko West Project located in north central Guyana, South America. The company’s common shares are listed on the TSX Venture Exchange under the symbol RGD and trade on the OTCQX under the symbol RGDFF. Additional information about the company is available on SEDAR+ (www.sedarplus.ca) and the company’s website (www.ReunionGold.com).

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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IEA Says Worldwide Coal Use Reached Record Levels in 2023

December 20, 2023 14:51:46

The International Energy Agency recently released its latest report, which shows that the use of coal globally will hit new highs this year as demand in developing and emerging economies continues to grow. The report comes just days after the end of the COP28 United Nations Climate Summit, which was held in Dubai. The final agreement at the summit centered on accelerating efforts toward phasing out of coal for power generation.

Despite campaigns to adopt cleaner energy sources, however, coal remains the largest source of power generation globally. This fossil fuel is the primary source of…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – GEMXX Corporation (GEMZ) Amends LOI Closing Deadline, Plans Implementation of Pilot Mine on Yukon Gold Property

December 20, 2023 13:51:38

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment, continues to make progress in its assessments quantifying the proven and potential gold resources on the Yukon Gold property. Currently GEMXX is working closely with the project’s current owners to implement a work plan calling for a pilot mine as soon as weather permits in 2024. With that in mind, the company announced that the closing deadline in the original letter of intent (“LOI”) has been extended. The company believes that the project represents a valuable asset and a return on investment (“ROI”) with proven resources of 2.2 million ounces of gold. According to the announcement, taking current and forecasted market value of gold into consideration, the project positions the company with an estimated $1 million in revenue, reflecting a robust future revenue stream.

In addition, the project may be a source for rare earth elements and other minerals. GEMXX is evaluating data provided by the current owner to determine the potential for commercial viability for other minerals found on the property. “We are happy to take this project to the next level by detailing the work plan,” said GEMXX CEO Jay Maull in the press release. “This one-year initiative will further prove the commercial viability of the property and will lay the groundwork for full-scale 2025 operations. As we approach 2024, various financial analysts and organizations have offered diverse predictions regarding gold prices. The World Gold Council suggests that gold may experience new all-time highs in 2024, aligning with analysts’ projections of gold prices reaching or exceeding $2,500 per ounce. This bullish trend is further supported by expectations of the Federal Reserve cutting rates, potentially leading to gold prices hitting fresh highs.”

To view the full press release, visit https://ibn.fm/zU8ry

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about this company, please visit www.GEMXX.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gets Tax Exemption for US REE Processing Project, Subcontractors Also Selected

December 20, 2023 08:50:00
  • Canadian metals supply company Ucore Rare Metals Inc. is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies
  • China currently dominates the global market for mining, processing and product creation for REEs, raising concerns that governmental controls over its industries could hamstring supplies Western nations need for everything from cell phones to fighter jet parts
  • Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology
  • The company recently announced execution of a tax exemption contract in Louisiana, where it will build the first commercial facility, and the company has selected initial construction contractors to get the process under way

Strategic metals enterprise Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is wrapping up the year by presenting its shareholders a soft construction launch for work at the Louisiana site where the company will build its important rare earth element (“REE”) processing plant.

Ucore announced on December 12 that Louisiana’s governor has executed the contract that will exempt Ucore from some $8.2 million in projected taxes over the next decade, that construction engineering services and construction contracting services subcontractors have been selected, and that members of…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Looking to Triple Daily Crude Output with Launch of Second Phase of Drilling Program

December 19, 2023 15:15:00

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada, announced that its sixth horizontal well had successfully commenced production as of early November, only weeks after the resumption of its horizontal infill drilling program. “Prospera has recently launched the second phase of its drilling program, centered around drilling 10 horizontal well locations across its Cuthbert and Hearty Hill properties, with the eventual goal of tripling the company’s daily crude output in 2023. The company revealed that the initial batch of five horizontal wells it had drilled had outperformed its estimated production curve, with the wells’ IP60 (i.e., average daily rate of production after a cumulative 60 days of production) outperforming Prospera Energy’s initial forecasts. With five horizontal wells now in production – and a sixth having recently joined their ranks, albeit not accounted for in the production total – Prospera has seen its gross production swell to 1,100 barrels of oil per day (‘boe/d’),” a recent article explains. “With Prospera Energy’s second phase running ahead of schedule, as well as in an effort to take advantage of currently elevated Western Canadian Select crude prices per barrel, the oil and gas developer has announced plans to extend its initial 10 well program, with the development of its light oil slanted wells now set to extend far into the coming year.”

To view the full article, visit https://ibn.fm/I532J

About Prospera Energy Inc.

Prospera Energy is a publicly traded energy company based in Western Canada, specializing in the exploration, development and production of crude oil and natural gas. Prospera has announced a mid-August spud of PEI’s phase 2 restructured development program intended to increase production. The phase 2 development entails the drilling of 10 horizontal wells in heavy oil and 8 slanted wells in medium-light oil to accelerate growth and capture the significant remaining reserves (400 million bbls). These horizontal laterals and slanted wells will allow PEI to increase production by approximately 1,000bpd with recovery of approximately 100Mstb per well. PEI will reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase III of Prospera’s corporate redevelopment strategy will focus on continuing the company’s horizontal modular development to appreciate production and optimize recovery of remaining reserves. Prospera intends to implement full-scale EOR applications based on the results of its phase II pilot program, which is forecasted to optimize recovery by greater than 10%. Prospera also intends to continue its acquisition strategy to diversify its product mix. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas – all while continuing to eliminate carbon emissions as part of its existing ESG initiatives. For more information about the company, visit www.ProsperaEnergy.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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WGC Says Gold Industry Following Ongoing Climate Discussions

December 19, 2023 08:05:00

The World Gold Council has revealed that the global gold-mining sector is actively following the ongoing climate change discussions. Climate change is a critical global issue that calls for sustained collaboration between different key industries before any meaningful change can occur.

Some industries have undoubtedly played a greater role in proliferating greenhouse gas emissions and will be key to reducing global emissions and advancing the fight against climate change. Sectors such as coal, oil and transportation are responsible for a significant portion of global emissions, and many…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Launches Redesigned Corporate Website

December 18, 2023 12:05:10

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today unveiled its new corporate website, which better presents project milestones and company information. The newly designed site includes a dedicated projects landing page, updated corporate presentation and fact sheet that prominently highlights the substantial strides Appia has made on its rare earth element (“REE”) and uranium projects in Canada and REE Ionic Adsorption Clay (“IAC”) project in Brazil, providing insights into both current and historical endeavors. “Our website redesign is not just about aesthetics; it’s a window into the depth of our commitment and progress,” said Tom Drivas, CEO of Appia Rare Earths & Uranium Corp. “We want our stakeholders to easily navigate through the rich tapestry of our ventures, and the enhanced site achieves precisely that. Appia would like to extend a heartfelt appreciation to our incredibly talented website design team for their unwavering dedication and tireless efforts in transforming our vision into a tangible reality.”

To view the full press release, visit https://ibn.fm/0vkKK

About Appia Rare Earths & Uranium Corp

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project, which is 17,551.07 ha. in size and located within the Goiás state of Brazil. For more information, visit the company’s website at Appiareu.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports ‘Encouraging’ Results from Definition Drill Program at Iska Iska Project

December 18, 2023 10:53:21

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM)a leading exploration and mine development company, is reporting on the first assay results from five of the 11 drill holes in its current definition drill program at the Iska Iska silver-tin polymetallic project, which is situated in southwestern Bolivia. According to the announcement, the drill hole results are “most encouraging” because they demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area, which may now be potentially upgraded and expanded. The definition diamond drill program is focused on upgrading and expanding the higher-grade Polymetallic (“Ag-Zn-Pb”) Domain Type inferred mineral resource. “These latest drill hole results are very encouraging,” said Eloro Resources CEO Tom Larsen in the press release. “They demonstrate substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area that may now be potentially upgraded and expanded. Significant tin is present in several holes with grades up to 0.5%, highlighting the chances to expand and increase the grade of the tin resource, which is a high priority exploration target in 2024. As we expected, the higher-grade silver and tin intercepts from this definition drill program are demonstrating selective higher-grade metal zonation within the starter pit area and the Tin (‘Sn-Ag-Pb’) domain. We expect to release results from the six remaining definition drill holes in the first part of January 2024, concluding our first phase infill definition drilling program aimed to enhance grade and expand tonnage in the Santa Barbara starter pit area.”

To view the full press release, visit https://ibn.fm/9ri0g

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 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 the Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. For more information about the company, visit www.EloroResources.com.

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Western Countries Lay Groundwork for Rare Earths Metals Boom

December 18, 2023 10:51:49

Rare earth elements are critical to the modern economy due to their applications in several key industries. Their unique magnetocrystalline, electrochemical and luminescent properties allow rare earth elements to serve in technology-based sectors, consumer electronics and even national defense systems. This includes purifying semiconductor materials, such as gallium nitride and silicon carbide, and acting as essential raw materials in the permanent magnets used in electric-vehicle motors and wind-turbine generators.

With the United States and other major nations looking to transition to electric vehicles over the next few decades, demand for rare earth metals is…

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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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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How Clene Inc. (NASDAQ: CLNN) CNM-Au8(R) Takes Advantage of Gold Nanocrystals to Target Neurodegenerative Disorders

December 18, 2023 09:35:00
  • Clene, a late clinical-stage biopharmaceutical company, creates clean-surfaced, catalytically active nanocrystals that directly modulate biological systems, including the central nervous system, by improving mitochondrial health
  • The company’s lead investigational candidate, CNM-Au8(R), is currently in development as a disease-modifying treatment for people living with specific types of neurodegenerative disorders (“ND”), namely amyotrophic lateral sclerosis (“ALS”), Parkinson’s Disease, and multiple sclerosis (“MS”)
  • Neurodegenerative disorders are characterized by neurodegeneration – the progressive loss of neuron structure, neuronal functions, and finally, the neurons themselves
  • Nanotherapeutics are in development to stop or reverse neurodegeneration using novel approaches to address the mitochondrial deficits and bioenergetic crises common to these neurodegenerative diseases

Also known simply as nerve cells, neurons are central to most – if not all – of the body’s normal functions, from breathing and talking to eating, thinking, and walking (https://ibn.fm/zWMUR). They support these activities by sending and receiving information between the brain and muscles, and are also responsible for receiving sensory input from the external environment and relaying that information to the brain.

As crucial as neurons are, they are not immortal. Like all other cells in the body, nerve cells undergo apoptosis, which is the programmed process by which body cells die. Apoptosis helps remove surplus, aged, damaged, or unwanted cells. However, in some cases, apoptosis becomes dysregulated, leading…

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

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed)and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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PaxMedica Inc. (NASDAQ: PXMD) Fireside Chat with CEO Howard Weisman Sheds Light on Company Achievements for ASD Therapy Pipeline

December 18, 2023 08:50:00
  • The CDC estimates 1 out of 36 children in the United States have been diagnosed with Autism Spectrum Disorder – with a therapeutic market potential of $3.42 billion by 2030
  • PaxMedica’s mission is to help eliminate, reduce, or modulate the troublesome aspects of ASD, an unmet medical need in the industry
  • CEO Howard Weisman shared important updates and achievements in the company’s pipeline, financial outlook, and future vision

In a 2020 report released by the Centers for Disease Control and Prevention (“CDC”), it was estimated that 1 out of 36 children had been diagnosed with autism spectrum disorder (“ASD”) in the United States. While ASD is not uncommon, there are no pharmaceutical treatments approved to treat the disorder, only to manage the symptoms – which creates an unmet need in the industry. The ASD therapeutics market was valued at $1.93 billion in 2022 and is expected to reach $3.42 billion by 2030, growing at a CAGR of 7.9% (https://ibn.fm/RprVv).

It is essential to note that these estimates do not factor in the potential impact of treatments designed…

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

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed)and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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GEMXX Corp. (GEMZ) Reports Rise in Earnings, Assets, and Income in 2023, Prepares for Further Strategic Growth in Coming Year

December 18, 2023 08:05:00
  • GEMXX Corporation is a Las Vegas-based jewelry maker developing its strategic gold metal and ammolite gemstone from a unique mine-to-market product pipeline
  • Gold has enjoyed record high prices during a “roaring 2023” run, and price fluctuations surrounding those highs have failed to deter optimism that demand for the precious metal may remain during the coming year
  • GEMXX is the only publicly traded ammolite gemstone company in the world, and plans to expand its gemstone and jewelry production by 300 percent next year
  • The company reported upbeat earnings and no long-term debt in its recent Q2 financial statement

With the close of its 2023 mining test season, mine-to-market jewelry enterprise GEMXX (OTC: GEMZ) is celebrating positive outcomes from its mine assessment, debt management practices, and revenue operations, as it prepares for further growth in 2024. GEMXX reported upbeat earnings during its Q2 statement published Nov. 21, stating that its account receivables rose from $701,252 to $1.3 million YOY, total assets increased to $20.1 million, and net income grew from $132,842 to $212,526 — all while maintaining no long-term debt (https://ibn.fm/QOuV2). The company is led by an executive team with over 160 years of combined experience in the market, and gold’s continued demand strength has provided GEMXX’s leadership with encouragement as it pursues its long-term strategy.

The company is planning to expand its ammolite gemstone and jewelry production by 300 percent next year, with expectations of supplying $5.5 million worth of ammolite jewelry through GEMXX’s shopping channel division. The ammolite gems are derived from the fossilized shells of ammonites, a group of…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Nickel Market at Decisive Point Between Demand, Supply

December 15, 2023 11:08:24

Nickel is a silvery-white ductile metal mainly used in the production of ferronickel in stainless-steel development as well as other alloys. Thanks to its use in rechargeable nickel-metal hydride batteries and nickel-cadmium batteries, nickel is among a group of metals poised to enjoy massive demand due to the green-energy transition.

These metals are expected to run into supply issues in only a few years as suppliers will likely struggle to ramp up production to meet the…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Announces Private Placement for up to $1M

December 15, 2023 10:38:46

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced a non-brokered private placement of units, each at a price of $0.10, for gross proceeds of up to $1,000,000 (the “offering”). According to the announcement, each unit will comprise of one common share of the company (each, a “share”) and one common share purchase warrant of the company (each, a “warrant”), with each warrant exercisable to acquire one common share of the company (each, a “warrant share”) at a price of $0.15 per warrant share for a period of twenty-four months from the date of issuance. Reflex intends to use the net proceeds raised from the offering to undertake advanced exploration and development activities on the Ruby Graphite Property and for general working capital.

To view the full press release, visit https://ibn.fm/dOw9c

About Reflex Advanced Materials Corp.

Reflex Advanced Materials is a mineral exploration company based in British Columbia. Its objective is to locate and, if warranted, develop economic mineral properties in the strategic metals and advanced materials space. It is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. The company is working to advance its Ruby Graphite Project, located in Beaverhead County, Montana, and ZigZag Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario. For more information, please review the company’s filings available at www.sedarplus.ca and visit the company’s website at www.ReflexMaterials.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Per-Day Production Report

December 14, 2023 12:37:42

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, is reporting its per-day production. According to the announcement, the company announced a medium light oil 500-plus barrels per day flowing well from a full day of production testing. The report noted that this above-gradient pressure reservoir will typically flow for a few months and then transition into an artificial lift system production of approximately 150-plus bblspd of stabilized rate. The company also anticipates a second well will be coming online within the next few days with comparable production rates. The company plans to continue its medium light oil drilling development to increase production and diversify the heavy-light oil product mix as it focuses on increasing shareholder value. In addition, Prospera announced the heavy oil drilling success of attaining lateral pay greater than 500 meters that has realized initial production rates higher than 100 bblspd. “The second group of horizontal transformation wells drilled has attained consistently +500m of lateral pay and the most recent, the eighth horizontal well, has attained +700m of lateral pay,” stated the company in the press release. “The ninth well is expected to commence in the next few days. Pleasantly, based on the drilling and optimization success, PEI has achieved a high daily gross production rate of 1,577 BOEPD. As a result, Prospera is expected to exceed the year-end exit target of 1,800 BOEPD.”

To view the full press release, visit https://ibn.fm/G3kt0

About Prospera Energy Inc.

Prospera Energy is a publicly traded energy company based in western Canada, specializing in the exploration, development and production of crude oil and natural gas. Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir-development methods and production practices. Prospera was restructured in the first quarter of 2021 to become profitable and in compliance to regulation, environment, landowners and service providers. The company is in the midst of a three-stage restructuring process aimed at prioritizing cost-effective operations while appreciating production capacity and reducing liabilities. Prospera has completed the first phase by optimizing low-hanging opportunities and attaining free cash flow while also bringing operations to safe operating condition, all while remaining compliant. Currently, Prospera is executing phase 2 of the restructuring process, the horizontal transformation intended to accelerate growth and capture the significant remaining reserves (400 million bbls). These horizontal laterals allow PEI to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase 3 of Prospera’s corporate redevelopment strategy is to optimize recovery through EOR applications. Further, Prospera will pursue its acquisition strategy to diversify its product mix. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas. PEI continues to apply efforts to minimize its environmental footprint as well as efforts to reduce and eventually eliminate emissions while also pursuing innovative ESG methods to enhance API quality, thereby achieving higher margins and eliminating the need for diluents. For more information, visit the company’s website at www.ProsperaEnergy.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Countries Share How They Are Repurposing Coal Plants to Generate Nuclear Energy

December 14, 2023 11:39:44

Despite worldwide efforts to transition from coal to cleaner alternatives such as wind and solar, coal consumption is rising across the globe. Critical energy shortages and soaring prices forced many European and Asian nations to turn back to coal as they scrambled to secure alternative energy sources and shore up supplies.

China, which is the largest polluter on the globe, embarked on a historic coal-mine-approval run in 2022 and permitted an average of…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Additional Drill Results at Guyana-Based Project

December 13, 2023 13:33:44

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has announced additional drill results from its Oko West project, located in Guyana. Highlights of the drilling include Hole D-336, which intersected 33 meters at 7.26 g/t Au to a depth of approximately 805 meters, within a broader interval of 78.2 meters at 3.45 g/t Au; Hole D-346A-W1, which intersected 13 meters @ 8.41 g/t Au and 12.3 m @ 10.36 g/t Au to a depth of approximately 820 meters, within a broader interval of 82.6 meters at 3.7 g/t Au; Hole D-342-W1 intersecting 4.6 meters at 9.58 g/t Au and 9. 5 meters at 5.61 g/t Au to a depth of approximately 660 meters, within a broader interval of 88.7 meters at 2.45 g/t Au; and Hole D347-W2, which intersected 17.4 meters at 4.92 g/t Au and 13.4 meters at 5.09 g/t Au to a depth of approximately 1,029 meters within a broader interval of 68.7 meters @ 2.80 g/t Au. “We are pleased with the results of the deep drill program, which continues to indicate that the high-grade zone that was identified within the MRE in Block 4, continues to a depth of at least 1,000 meters and is open below that,” said Reunion Gold president and CEO Rick Howes in the press release. “We expect this resource expansion drill program to be completed early in 2024, and those results will be included in the resource. The resource will include both an updated pit constrained resource in the area above 500 meters and an initial resource in the area down to a 1,000-meter depth. We remain on track to release a Preliminary Economic Assessment (‘PEA’) in Q2/24, which will include this resource update and investigate the potential for a combined open pit and underground mining operation. We also continue to explore other areas of the Oko West prospecting license for potential satellite deposits.”

To view the full press release, visit https://ibn.fm/TW4bV

About Reunion Gold Corporation

Reunion Gold Corporation is a leading gold explorer and developer in the Guiana Shield, South America. In early 2021, the company announced an exciting new greenfield gold discovery at the Kairuni zone on its Oko West project in Guyana, and in June 2023, Reunion Gold announced an initial Mineral Resource Estimate containing 2.475 Moz of gold in Indicated resources grading 1.84 g/t Au and 1.762 Moz of gold in Inferred resources grading at 2.02 g/t. In addition to advancing development of the Kairuni zone resource, the company is actively exploring several additional priority exploration targets at Oko West with the objective of outlining additional satellite deposits. For more information about the company, please visit www.ReunionGold.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MIT Chemists Focus on Making Microbial Fertilizers Revolutionize Agriculture

December 13, 2023 12:00:50

Chemical fertilizer production makes up roughly 1.5% of greenhouse-gas emissions produced worldwide. These fertilizers are manufactured via an energy-intensive process that uses very high pressure to combine hydrogen and nitrogen from the air to make ammonia. Chemists from MIT hope to help decrease this carbon footprint by replacing some fertilizer with bacteria, as the latter is a more sustainable source.

Bacteria can convert nitrogen gas to ammonia, which will not only offer plants the nutrients they need but also protect them from pests and…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Milestones, Upcoming Expansion Strategy

December 13, 2023 09:55:00

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc., is reporting on its current status. According to the announcement, the company has achieved several key milestones recently, including completing the third and final clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining test season; engaging Aurora Geosciences to complete S-K 1300 technical reports on company-owned and operated assets; signing a binding Letter of Intent to acquire an initial 50% stake in the Yukon Gold Project; securing 75% of mining costs for both its gold and ammolite initiatives; announcing the acquisition of 50% interest in the Canadian exploration company Crazy Horse Mining Inc.; and the signing of an Ammolite Master Supply Agreement (“MSA”) with Canadian Ammolite Gems by Kenneth Bradley. In addition, the company is preparing to meet the growing demand for its products. Looking forward, GEMXX is focused on completing the 50% acquisition of the Yukon Gold Property and initiating a pilot mine on that site; bringing its Ammolite Gemstone mine into full production; and upscaling gold mine operations at Snow Creek as well as moving the test plant to Rosella Creek. The company is also working to complete S-K 1300 compliant resource reports on already-owned assets and audits to be quoted on the OTCQX, its first step to uplisting to the New York Stock Exchange or NASDAQ. “We are tremendously pleased with the development of the company over the past several months and are extremely excited about the anticipated growth,” said GEMXX CEO Jay Maull in the press release. “We look forward to updating shareholders as each milestone below is met. Everything the company has planned is focused on driving shareholder value.”

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

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about this company, please visit www.GEMXX.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) Reports on Assay Results of Soil Geochemical Survey, Indicates New Target Areas at Augustus Property

December 12, 2023 13:05:00

FE Battery Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has received assay results from a large soil geochemistry program at its Augustus Lithium Property in Quebec, Canada. According to the announcement, the sampling program ran from August 2023 to October 2023 and was designed to identify new lithium exploration targets outside of the main Augustus prospect yet still within the company’s sizeable claim holdings in this active region. The program included 995 samples collected from sampling on six select areas, or grids, located south of the main known mineralization. Anomalous lithium values returned from three of the grids show significant potential for new lithium-cesium-tantalum (“LCT”) pegmatite target areas for further exploration.

To view the full press release, visit https://ibn.fm/g9yNY

About FE Battery Metals Corp.

FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. The company’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. For more information about the company, please visit www.FEBatteryMetals.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Sc, Co, REE Mineralization at New Buriti Target

December 12, 2023 12:00:42

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced the discovery of a new mineralized zone named Buriti, showcasing mineralization of scandium (“Sc”), cobalt (“Co”) and rare earth elements (“REE”) in reverse circulation (“RC”) hole PCH-RC-116. According to the announcement, the Buriti Target was found through exploratory RC and auger drilling conducted as part of the company’s 2023 drill program. The discovery opens the potential of a promising new target zone for exploration and development, said company officials, who observed that it is the first time that Appia has intersected significant continuous levels of scandium oxide (“Sc2O3”), cobalt oxide (“CoO”) and rare earth oxides (“REO’”) mineralization in the same RC drill hole. The Buriti Target is hosted within mafic and ultramafic rock formations related to the tertiary-age regional alkaline complex; the new target is predominantly underlain by gabbro, diorite and pyroxenite. The company observed that the high-grade intervals identified within the weathering profile, specifically in the saprolite layer, represent a supergene concentration of scandium and cobalt together with REEs within the mafic rocks. “These are valuable elements, identifying a mineralized zone with this range of grades that remains open at depth introduces a new layer of potential value to our PCH project,” said Appia Rare Earths & Uraniumpresident Stephen Burega in the press release. “Appia will be conducting a thorough investigation into the extent of this significant discovery, and analytical results for the 46 pending RC and auger drill holes from this mineralized zone will be reported once received. Metallurgical testing is planned to confirm the economic potential of the Buriti Target.”

To view the full press release, visit https://ibn.fm/e4SW9

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade, critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp project in Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás state of Brazil. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

December 12, 2023 11:55:08

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during the time of the exemption period on the local ad valorem property tax for the LA-SMC facility. “Ucore is extremely grateful to the Governor and his staff at LED for guiding our project through this process,” said Mike Schrider, P.E., Ucore VP and COO. “The support shown by Louisiana and all the local entities that have come together to enable us to pursue this critical project cannot be overstated. Knowing that we have local, regional and state support, coupled with federal support through the U.S. Department of Defense and, most recently, from the Government of Canada – truly provides a North American solution as we focus on keeping manufacturing jobs in the United States and Canada.”

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

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’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 Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. 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 more information, visit the company’s website at 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) at Forefront of Race to Develop Western Rare Earth Refining Solutions

December 12, 2023 08:50:00
  • A recent Reuters report focused its attention on rare earth mining companies’ efforts to strengthen American self-sufficiency in the production of natural elements vital to modern computerized products
  • Rare earth element (“REE”) enterprise Ucore Rare Metals Inc. is gaining attention as a company focused on the refining of already mined rare earths to specialize in a particular sector of the supply chain, using its proprietary RapidSX(TM) technology
  • The rare earth supply chain has been a subject of concern for years because of China’s near-monopoly on mining, refining, and production, for permanent magnets, strategic because of their use in a wide variety of applications, including electric vehicles and fighter jets
  • The high value placed on strengthening rare earth supply chain independence is demonstrated in the multi-million dollar award Ucore has received from the U.S. Department of Defense, accompanied by a $4.28 million award from Canada, to advance its RapidSX(TM) commercialization

A range of concerns among government leaders and industry professionals have created a high-pressure competition to develop new REE refining solutions among Western enterprises. Issues that involve REE-based products include climate change, the mining industry’s forced reliance on Chinese companies for processing rare earth elements (“REEs”) used in modern computerized products, and also resource supply chain impediments sparked by the COVID pandemic and political sea changes.

Canadian-based Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is at the leading edge of the race, currently in the process of developing its Louisiana facility for the commercial-scale use of its…

Read More>>

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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China Plans to Set Up Coal Production Reserve Despite Pledging to Phase Out Dirty Fuels

December 12, 2023 08:05:00

A Chinese state planner says the country will set up a backup production system for coal production to secure China’s coal supply and stabilize prices despite national plans to begin phasing out coal use in the latter half of the decade. China is one of dozens of countries that pledged to phase out coal use as part of global efforts to combat climate change. However, the world’s largest polluter seems to have gone all-in on coal in recent years.

The Asian nation’s reinvestment in the dirty fuel was triggered by a global energy crisis that was significantly exacerbated by the Russia-Ukraine war, which led to major energy shortages that caused energy prices to skyrocket. In addition, starting mid-2022, unexpected heat waves and droughts

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Comments on Steadfast Commitment to Guyana

December 11, 2023 15:44:24

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today commented on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week. The internationally recognized border between Venezuela and Guyana was established on Oct. 3, 1899, by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid, and Guyana brought this matter before the International Court of Justice in 2018 asking the court to confirm the 1899 arbitral award. The escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil discoveries by ExxonMobil and other companies in offshore areas intersecting the Essequibo region, as well as the upcoming elections in Venezuela. The consultative referendum asked citizens of Venezuela whether they favor the creation of a new Venezuelan state that purports to incorporate Guyana’s Essequibo region into its own territory. There is wide discredit over Venezuela’s unilateral claim over the Essequibo region and recent actions, and U.S. Secretary of State, Antony Blinken, reaffirmed last week the United States’ support for Guyana in the ongoing border controversy. Reunion Gold emphasized that, amidst these geopolitical developments and the recent consultative referendum results, its commitment to Guyana remains steadfast and that the Oko West Project exploration activities at site and development studies continue to progress as planned. The company is dedicated to exploring across Guyana’s diverse and mineral-rich regions and is continuing, unabated, in its efforts to establish the next large-scale mining operation in the country.

To view the full press release, visit https://ibn.fm/0HWnM

About Reunion Gold Corp.

Reunion Gold is a leading gold explorer and developer in the Guiana Shield, South America. In early 2021, the company announced an exciting new greenfield gold discovery at the Kairuni zone on its Oko West project in Guyana. The company’s Oko West Project is situated within the Essequibo region, approximately 200 kilometers east of the disputed border. In June 2023, the company announced an initial Mineral Resource Estimate containing 2.475 Moz of gold in Indicated resources grading 1.84 g/t Au and 1.762 Moz of gold in Inferred resources grading at 2.02 g/t (see NI 43-101 Technical Report Oko West Gold Project dated June 1, 2023, on the company’s website and on SEDAR+). In addition to advancing development of the Kairuni zone resource, the company is actively exploring several additional priority exploration targets at the Oko West Project with the objective of outlining additional satellite deposits. The company’s common shares are listed on the TSX Venture Exchange under the symbol RGD and trade on the OTCQX under the symbol RGDFF. Additional information about the company is available on SEDAR+ and the company’s website at www.ReunionGold.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Gold Reaches Highest Price Ever

December 11, 2023 11:49:36

Gold was trading at record high prices last week as rising geopolitical tensions, a weakening dollar and expectations of an interest rate cut by the U.S. Federal Reserve buoyed demand for the precious metal. Prices went up by as much as 3% at the start of the week to hit $2,135 per ounce, surpassing August 2020 prices, which hit a record $2,072 before falling to around $2,023 on Monday at noon.

A combination of varied factors has caused gold prices to skyrocket in recent weeks after rising interest rates and a…

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NOTE TO INVESTORS: The latest news and updates relating to Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) are available in the company’s newsroom at https://ibn.fm/RGDFF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Issues First Tranche Per PCH Project Acquisition

December 11, 2023 11:03:55

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that, further to the press release of Dec. 4, 2023, it has issued the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project (the “transaction”). Within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc, the PCH Project is 17,551.07 ha in size and located within the Goiás state of Brazil. According to the update, the shares are subject to a hold period expiring on April 12, 2024. For specific details of the transaction, see the Dec. 4, 2023, press release.

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

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 ha. in size and located within the Goiás state of Brazil.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

December 8, 2023 15:50:00

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our now patent-pending RapidSX(TM) technology platform to mix and separate the chemistry of solvent extraction,” Mike Schrider, Ucore’s vice president and chief operating officer, was quoted as saying. “We have since taken those optimization and fine-tuning efforts and engaged in a robust engineering, construction, commissioning, testing, and demonstration effort to truly optimize the chemistry delivery and feedback systems to and from the RapidSX(TM) platform within the Demo Plant and across all of the related systems within the Commercialization and Demonstration Facility (‘CDF’).”

To view the full article, visit https://ibn.fm/t7HMh

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’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 Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. For more information, visit the company’s website at 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Gold ETF Sees Highest Inflows in Nearly Two Years

December 8, 2023 15:44:47

Gold exchange-traded funds (ETFs) experienced their largest inflows in close to two years last month as investor interest in the precious metal skyrocketed amid record prices. After months of consecutive interest rate hikes pressured gold prices, a confluence of factors has caused gold prices to surge to record levels in recent weeks.

The increasing rate of violent conflicts, specifically the Hamas attack on Israel, caused gold prices to spike as investors desperately sought a safe-haven asset to…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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Awareness of Associations Between Minerals Could Unlock Keys to Addressing Critical-Metals Supply

December 7, 2023 14:39:51

The world stands at the precipice of an event that threatens to significantly impact human society by disrupting the natural, social and economic systems it relies on to thrive. With the effects of climate change becoming frighteningly clearer by the day, most countries have pledged to transition from fossil fuels to clean and renewable sources of energy such as solar, wind and geothermal power.

However, the global-energy transition will have to overcome an issue that could prevent many nations from achieving their…

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NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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

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MiningNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notable Positioning in Mining Industry Featured in BTV Interview

December 7, 2023 13:52:38

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) will be featured in an upcoming BTV – Business Television interview. The episode is scheduled to air on FOX Business News at 5:30 p.m. ET on Dec. 10, 2023. In the segment, “BTV highlights the company’s significant progress in its innovative silver-tin polymetallic venture in Bolivia. With a promising Mineral Resource Estimate and strategic drilling, Eloro is rapidly advancing towards a Preliminary Economic Assessment. This key step aims to attract major partners for commercial production, positioning Eloro as a notable player in the mining industry.”

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

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 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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

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MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Virtual Investor Conference Presentation Available for Viewing

December 7, 2023 13:05:48

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a leading exploration and development company, presented during the recent Clean Energy and Precious Metals Virtual Investor Conference; the event was part of Virtual Investor Conferences (“VIC”), the leading proprietary investor conference series. That presentation is now available for online viewing. The conference was held Dec. 4–6, 2023, with Arizona Metals presenting on Dec. 6, with other battery and precious metals organizations. According to the announcement, company presentations will be available 24/7 for 90 days; in addition, some companies that participated in the event are scheduling one-on-one management meeting requests through Dec. 11, 2023. VIC is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

To view the Arizona Metals presentation, visit https://ibn.fm/SRq0h

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

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 has not been verified as a current mineral resource. 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. The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in 1983. The historic estimate has not been verified as a current mineral resource. For more information about the company, please visit www.ArizonaMetalsCorp.com.

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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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GEMXX Corp. (GEMZ) Releases Positive Q2 2023 Results, Provides 2023 Business and Mining Updates

December 7, 2023 09:35:00
  • GEMXX reported significant growth in its Q2 2023 revenue and net income, with the company anticipating additional growth and increased production of its gold assets in 2024
  • GEMXX, in partnership with Crazy Horse Mining Inc., proved the commercial viability of the Snow Creek gold mine and is looking to similarly prove the viability of the Rosella Creek gold asset in 2024
  • For the balance of 2023 and into 2024, the company is targeting additional acquisitions, more mine production, and more revenues, and plans to expand gemstone and jewelry production by 300% in 2024

GEMXX (OTC: GEMZ), a company specializing in gold mining and production and distribution of jewelry and gemstones on a global scale, supplying its own mined resources, shared positive financial results for the second quarter of fiscal 2023, ended September 20, 2023, and provided business and mining updates. Key highlights included a near-60% year-over-year increase in its net income to $212,526 from $132,842 in the same period last year and revenue growth YTD to $418,115 in the just-ended quarter up from $388,717 in Q2 2022 and $183,673 in Q1 2023. The company reported that its total assets had increased to $20,116,566, up from $18,400,825 in Q2 2022, and that its long-term debt remains at $0.00 (https://ibn.fm/RVX6m).

“We are pleased with the performance of the company, and we are excited for the anticipated growth in shopping television sales and 2024 production of our gold assets. We look forward to updating shareholders as each new project comes online. Everything the company has planned is focused on…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Why Gold Could Trade at $2,400 Next Year

December 6, 2023 14:41:40

Analysts are offering bulling predictions of gold bullion prices hitting up to $2,400 per ounce next year thanks to a confluence of market, geopolitical and economic factors. Kedia Advisory director Ajay Kedia says that gold prices are experiencing significantly higher volatility but notes that the metal has provided strong returns in the past several months.

Kedia Advisory remains bullish on the precious metal and expects gold prices to reach around $2,240 per ounce if price volatility does not reduce and up to $2,400 in 2024 if the…

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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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Podcast: Jewelry Maker GEMXX Corp. (GEMZ) Enjoys Rapid Growth Thanks to Gold Interest, Focus on Vertical Mine-to-Market Integration

December 6, 2023 10:20:00
  • GEMXX Corporation is unique as a jewelry maker with important Canadian mining assets, supporting its mine-to-market operations dealing in gold and the rare Ammolite gemstone
  • Amid recent market fluctuations, gold continues to maintain a strategic profile as an investment safe haven, with consumption continuing at a historic pace
  • GEMXX is riding high on recent “explosive” revenue growth and a no long-term debt position, looking forward to fulfilling select goals to improve its overall production, uplisting to a major exchange and aggressively seeking out strategic acquisitions to add revenue and / or reduce its costs
  • A new NetworkNewsAudio News Podcast and a corresponding news editorial highlight the company’s competitiveness against other players in the precious metals sector

The World Gold Council (“WGC”) recently reported that global gold demand slipped in year-over-year purchase totals from last year’s Q3 record highs, but central bank consumption continues at a “historic pace” and when over-the-counter (“OTC”) purchases plus stock flows are added into the equation, demand was actually up 6 percent over the corresponding 2022 period, according to Forbes (https://ibn.fm/hZJgz).

The report shows gold continues to maintain its strategic investment benefit as a safe haven that provides stability during uncertain economic times. GEMXX (OTC: GEMZ) has enjoyed significant growth during the recent conditions, “exploding past startup phase and achieving global growth in mere months” as it…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances Solution to Chinese Controls on REE Supply Chain

December 6, 2023 08:50:00
  • Strategic metals supply chain innovator Ucore Rare Metals Inc. has developed a proprietary technology it expects to improve rare earth element (“REE”) processing, and is preparing for commercial use of its solution
  • The REE supply chain has become a matter of concern to Western governments as well as private industry because of the tremendous market dominance enjoyed by the People’s Republic of China and fears China will exploit that dominance with increasing export restrictions
  • Ucore is currently demonstrating the ability of its RapidSX(TM) REE processing solution to match and / or exceed the capacity of industry-standard CSX processing technology while improving on its costs and ease of use
  • The company has acquired property in Louisiana it intends to develop during the next year into a commercial-use REE processing center, using American REE feedstock

China’s recently announced controls on reporting exports of rare earth metallic elements (“REEs”) used strategically for permanent magnets in computerized products is the latest salvo in the ongoing trade war between the large Asian nation and the United States, prompting further emphasis on the need for Western independence from China-based supply chains.

Strategic metals enterprise Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is a company operating in Canada and the United States to improve the production of REEs in the Americas and reduce…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Kiyosaki Urges Investors to Put Money in Silver, Gold, Bitcoin

December 5, 2023 15:42:11

The author of the best-selling novel “Rich Dad, Poor Dad,” Robert Kiyosaki has called on people to invest in gold, silver and Bitcoin “before it is too late.” In a statement posted on X (formerly Twitter), Kiyosaki urged people to “get out of the fake money system” and invest in the three assets as gold prices surge to new highs.

Investing in gold is a relatively sound financial move because it adds some stability to a portfolio and grants it some resistance to…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Yukon Gold Project

December 5, 2023 15:16:07

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), is reporting on the progress made in its review and verification of the exploration work already completed on the Yukon Gold Project property along with the assessments quantifying the proven and potential gold resources. The company also noted that it has started discussions with the current owner/partner to conduct a pilot plant on the property in 2024. According to the report, work completed on the project includes trenching, exploration work, geological mapping and prospecting, ground magnetometer and induced polarization surveys, soil sampling and diamond drilling; the report indicated that the proven Yukon Gold Project could host an estimated four million ounces of gold. GEMXX is also reviewing the data to evaluate whether other minerals or rare earth elements are commercially viable on the property. The update noted that GEMXX has engaged a professional geological services company to assess the historical resource documents and data as well as update the information to meet current CIM reporting standards. Additional drilling programs or assay results will be included in the updated reports. “A pilot plant will test the parameters of new technologies, production systems and process technologies to support the sustainable scale-up of mineral processing and production methods,” said GEMXX CEO Jay Maull in the press release. “It will provide an opportunity to test flowsheet viability, equipment, and operations on a small scale before full production.”

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

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gemstone, gold and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about this company, please visit www.GEMXX.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

December 5, 2023 14:18:30

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera’s revenue from its Cuthbert properties with $1 million disbursed on closing; $1 million paid within 10 days and the remaining amount paid within 10 days from the first date of production of wells #8 and #9 in PEI’s Cuthbert drilling program. The company anticipates using the funds to conduct the horizontal well development program on its Cuthbert properties. The company also named a new vice president of operations: John McMahon. McMahon bring more than three decades of engineering and operations experience to the new role. “John’s extensive expertise aligns well with our organizational goals, and PEI anticipates that his leadership will contribute to innovation and efficiency for PEI to become a low-cost producer,” the company stated in the press release.

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

About Prospera Energy Inc.

Prospera Energy is a publicly traded energy company based in western Canada, specializing in the exploration, development and production of crude oil and natural gas. Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir-development methods and production practices. Prospera was restructured in the first quarter of 2021 to become profitable and in compliance to regulation, environment, landowners and service providers. The company is in the midst of a three-stage restructuring process aimed at prioritizing cost-effective operations while appreciating production capacity and reducing liabilities. Prospera has completed the first phase by optimizing low-hanging opportunities and attaining free cash flow while also bringing operations to safe operating condition, all while remaining compliant. Currently, Prospera is executing phase 2 of the restructuring process, the horizontal transformation intended to accelerate growth and capture the significant remaining reserves (400 million bbls). These horizontal laterals allow PEI to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase 3 of Prospera’s corporate redevelopment strategy is to optimize recovery through EOR applications. Further, Prospera will pursue its acquisition strategy to diversify its product mix. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas. PEI continues to apply efforts to minimize its environmental footprint as well as efforts to reduce and eventually eliminate emissions while also pursuing innovative ESG methods to enhance API quality, thereby achieving higher margins and eliminating the need for diluents. For more information, visit the company’s website at www.ProsperaEnergy.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Scientists Discover Pollution from Coal Plants More Harmful Than Initially Thought

December 4, 2023 15:07:00

A new study has found that particles in air from coal power plants are harmful to human health, as they heighten the risk of premature deaths. The research is based on a landmark study from the 1990s, which linked airborne particles to a heightened risk of early death.

The particles, called PM2.5, are tiny enough to be inhaled deep into an individual’s lungs. They are released when coal, which is…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Closing of PCH Project Acquisition

December 4, 2023 12:18:43

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it will be issuing the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project. The property is located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Under the agreement, the property is now registered in the name of the company, and Appia currently holds a 70% interest in the company (350,000 quotas) and Antonio holds a 30% interest in the company (150,000 quotas). According to the announcement, the first tranche of 500,000 shares will be issued to Beko on Dec. 11, 2023.

To view the full press release, visit https://ibn.fm/E8Rst

About Appia Rare Earths & Uranium Corp

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 ha. in size and located within the Goiás state of Brazil.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reveals Positive Drilling Results in Recent Interview

December 4, 2023 08:50:00
  • CEO and President Samuel David discussed the success of Prospera’s drilling program in recent interview, revealed positive results and cost reductions
  • Prospera management estimates as little as 8% of over half a billion barrels across assets have been recovered using traditional vertical well technology
  • Phase 2 of drilling program focused on transition from vertical to horizontal well drilling, allowing the company to tap into the significant remaining reserves
  • Recent Q3 2023 financial highlights include Q/Q rise in operating income from $783,084 to $1,101,827 and positive net income of $71,011 compared to net loss of $779,438 in Q2 2023

Samuel David, President and CEO of Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), recently discussed the company’s successful drilling program in an interview on the Financial Survival Network (https://ibn.fm/44mbK).

“We have drilled five horizontals and infield drilling based on geological well delineation, well control, and seismic delineation,” said Mr. David during the interview. “Therefore, the chance of success of geological, of finding the reservoir, is high. The only risk is mechanical because this is infill low-risk…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Celebrates Canada’s Decision to Add $4.28 Million in Funding to REE Separation Tech Development

December 4, 2023 08:05:00
  • Canada-based strategic metals innovator Ucore Rare Metals Inc. recently received word that the Canadian government will provide $4.28 million in non-dilutive, non-repayable funding to the company’s ongoing rare earth element (“REE”) separation technology development
  • REEs are critical to the production of permanent magnets used in computerized technologies ranging from cell phones to national interests such as renewable energy infrastructure and military defense machinery
  • China currently dominates the global market for mining, processing, and product creation for REEs, which underscores Western governments’ interests in developing an independent supply chain for REEs
  • Canada’s award will help fund demonstration of Ucore’s RapidSX(TM) capabilities in head-to-head comparisons with the industry-standard CSX separation process for light REEs
  • A similar $4 million award from the U.S. government is supporting the demonstration of RapidSX(TM) capabilities for separating heavy REEs, leading up to construction of a commercial facility for separating REEs in Louisiana

A modern-day type of “arms race” focused on computer magnet technology instead of military weaponry is leading Western governments to work with private companies on the development of their own supply chains for the magnets’ components.

Strategic metals innovator Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is celebrating news that the Canadian government will add more than $4 million in non-repayable, non-dilutive funding to a $4 million award the company received from the U.S. government during the summer to demonstrate…

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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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

December 1, 2023 13:20:42

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces the time to completion and plant footprint. SX is the industry standard used today and is used by all REE producers worldwide for bulk separation of both heavy and light REEs,” reads a recent article. “Earlier this year, Ucore began the commission of its RapidSX Demonstration Plant in Kingston, Ontario. The plant was designed to demonstrate the commercial capabilities of the company’s RapidSX technology platform. The demonstration plant is located within Ucore’s 5,000-square-foot RapidSX Commercialization and Demonstration Facility and is run by the company’s laboratory partner, Kingston Process Metallurgy Inc.”

To view the full article, visit https://ibn.fm/Ec98n

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’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 Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. For more information, visit the company’s website at 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Scientists Confirm Purple Smoke in Fulminating Gold Comes From Nanoparticles of Gold

December 1, 2023 12:25:33

University of Bristol researchers recently discovered why fulminating gold produces purple smoke, answering a question that has puzzled experts for hundreds of years. Considered the first high explosive in the world, fulminating gold was initially synthesized as early as 1585 by Western alchemist Sebalt Schwartzer. More alchemists refined the compound through the 17th and 18th centuries, steadily shortening the production process and making it safer until modern scientists finally turned what had been a four-to-five day process into only a couple of minutes.

Fulminating gold is made from a mixture of chlorine, ammonia and gold. But unlike gunpowder, which was among the most common explosives at…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Featured in BTV Release Bolivia Project

December 1, 2023 10:49:13

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM)a leading exploration and mine development company, will be spotlighted in an upcoming BNN Bloomberg broadcast in Canada. The broadcast features BTV-Business Television interviews and will be aired on Dec. 2, 2023, at 8 p.m. ET and Dec. 3, 2023, at 4:30 p.m. ET. The interview will air in the United States on the Biz Television Network at 1 p.m. ET on Dec. 10, 2023. Representatives from several emerging companies, including Eloro Resources, will be interviewed during the segment. According to the announcement, the Eloro interview will focus on the company’s significant progress in its silver-tin polymetallic venture in Bolivia. The company just completed a promising Mineral Resource Estimate (“MRE”) and strategic drilling and is focused on completing its Preliminary Economic Assessment (“PEA”). This key step enables the company to attract major partners for commercial production, positioning Eloro as a notable player in the mining industry.

To view the full press release, visit https://ibn.fm/3CsdO

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 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 the 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 with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Could ETFs Offer Investment Opportunities Amid Gold’s Recent Rally

November 30, 2023 12:38:10

After months of relatively lackluster performance, market conditions are increasingly turning in favor of gold. Inflation rates are trending downward, central banks around the world seem to be stepping back from their aggressive interest rate hikes, and all signs indicate that the global economy isn’t going into a freefall but a usual slowdown.

All these conditions, coupled with recent conflicts in the Middle East, which significantly increased gold’s safe haven appeal, caused gold to rally for…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Copper Supply Could Improve as Treatment Charges Drop at Smelters

November 29, 2023 14:47:08

Chilean mining giant Antofagasta recently signed its first major concentrates supply deal for next year with the China-based Jichuan Group. Although it is still unclear if the terms of the new deal will form a yearly benchmark for other deals amid a changing copper-concentrates landscape, it will most likely be impacted by an unforeseen but welcome fall in headline treatment and refining charges (TC/RCs)

Treatment and refining charges refer to the costs involved in converting mineral concentrates into refined metal at a smelter. This conversion from raw concentrate to…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Updated Target Discovery Area Size

November 29, 2023 13:15:24

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced updated numbers regarding an unprecedented high-grade mineralized zone discovery at its PCH Ionic Clay project in Brazil. According to the announcement, the discovery indicated a total weighted average grade of 7,578 ppm or 0.76% total rare earth oxide across 10 reverse circulation (“RC”) drill holes. The updated numbers reflect that Target IV has been updated to 193 hectares, rather than the 1,702 hectares previously announced. “Appia’s work with exploratory auger drilling has delivered compelling results, particularly when the 2023 auger holes PCH-AH-29 and PCH-AH-30 are included, which returned a total weighted average of over 10,000 ppm or +1% TREO over 7m of depth,” said Appia Rare Earths & Uranium president Stephen Burega in the press release. “Follow-up RC drilling successfully expanded the overall total depth of the high-grade mineralization to an average of approximately 19 meters across this zone, and we’ve observed mineralization throughout the length of all RC and auger holes. For instance, holes PCH-RC-063 with a total depth of 24m and PCH-RC-067 with a total depth of 11m, each yielded grades exceeding 24,000 ppm or 2.4% TREO and over 5,000 ppm or 0.5% MREO at the bottom of each drill hole.”

To view the full press release, visit https://ibn.fm/Ejnh3

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade, critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp project in Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás state of Brazil. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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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

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Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announcing Development Update

November 29, 2023 08:50:00
  • Prospera Energy recently announced that its sixth horizontal well has commenced drilling
  • The well forms part of the company’s phase 2 initiatives, which will see it drill a total of ten horizontal and 8 vertical wells across its Cuthbert and Heart Hill properties
  • Recent successes within the program – has seen drilling work and production profiles come in well ahead of expectations – this has prompted Prospera to extend its second phase beyond the initially planned ten horizontal wells
  • The company separately revealed that it has reached a production of 1,100 boe/d from its five initial wells as of end October, not including a further 700 boe/d of production currently shut-in to facilitate ongoing developmental work

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada, provided investors and stakeholders with some positive news in recent days (https://ibn.fm/vWRmk). The company announced that its sixth horizontal well had successfully commenced production as of early November, only weeks after announcing the resumption of its horizontal infill drilling program. Prospera have recently launched the second phase of its drilling program, centered around drilling 10 horizontal well locations across its Cuthbert and Hearty Hill properties, with the eventual goal of tripling the company’s daily crude output in 2023.

The company revealed that the initial batch of 5 horizontal wells it had drilled had outperformed its estimated production curve, with the wells’ IP60 (i.e., average daily rate of production after a cumulative 60 days of production) outperforming Prospera Energy’s initial forecasts. With five horizontal wells…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Gold Miners Report Strong Fundamentals in Q3 2023

November 28, 2023 12:44:40

Top gold miners around the world have reported strong financial results for Q3 2023, thanks to a combination of lower mining costs and increasing gold prices that resulted in skyrocketing profits through the third quarter of the year. Growth in the global gold industry over the third quarter was so substantial that major miners were able to overcome depletion and maintain relatively stable collective output.

Some gold stocks registered the highest-ever growth in earnings amid high gold prices that are likely to attract institutional investment to the…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports Discovery of ‘Unprecedented’ High-Grade Mineralized Zone

November 28, 2023 11:14:50

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, has discovered an unprecedented high-grade mineralized zone at its PCH Ionic Clay project in Brazil. According to the announcement, the discovery shows a total weighted average grade of 7,578 ppm or 0.76% total rare earth oxide across 10 reverse circulation (“RC”) drill holes. This information is the result of the further delineation of the SW Extension Zone, a significant high-grade rare earth elements (“REE”) mineralized zone located in the southwest corner of the Target IV zone of the project. The announcement, which builds on previous PCH-RC-63 results, noted that the discovery spans an area of more than 1,000 meters by 500 meters, with an average thickness of approximately 19 meters. The lateral extension and the depth of the SW Extension zone has not been fully tested, with results still to come from the remaining seven RC holes drilled within this new zone as well as the numerous RC drill holes located outside of the Target IV boundary to the south. The PCH project, which is more than 17,000 hectares in size, is situated within the Tocantins Structural Province in the Brasília Fold Belt. “We believe that the high-grade nature of the SW Extension Zone, which contains magnet rare earth oxides sample values of up to 13,212 ppm, or 1.32%, places this discovery on a global stage,” said Appia Rare Earths & Uranium CEO Tom Drivas in the press release. “The fact that all of these holes are still open at depth creates an opportunity to discover additional mineralization at depth.”

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

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp project in Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás state of Brazil. For more information about the company, please visit www.AppiaREU.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

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

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Analysis Finds That to Meet Emissions Goals, Coal Use Must Reduce Seven Times Faster

November 27, 2023 14:39:26

A new report has found that major shifts will be needed if any meaningful change in the fight against climate change is expected to occur. The report, published last week, points to the seriousness of the challenges policymakers face as they prepare for the upcoming climate change summit set to occur in the UAE this November.

The report centered on the 2015 Paris Agreement, whose aim was to restrict global warming to 1.5Celsius. It developed targets for 2030 and…

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About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (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

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Swiss Court Decision Deals a Blow to Making Gold Industry More Transparent

November 22, 2023 14:10:31

The Switzerland Federal Court has snubbed a request from a Swiss NGO that would require the provision of more detailed data on imported gold and increase transparency in the industry. Gold has attracted the attention of unscrupulous players since time immemorial, and the global gold industry is still inundated with bad players who flout human rights and other laws in their bid to profit from the precious metal.

Refineries are often secretive about the origins of their gold ore, likely because a decent portion is sourced from conflict regions such as…

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Market for Synthetic Graphite Recovers from COVID-19 Shocks

November 21, 2023 14:46:43

A recent report has revealed that the global market for synthetic graphite is poised to experience substantial growth over the next five years. The “Synthetic Graphite Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” report predicted that the worldwide market for this commodity will grow from an approximate value of $2.99 billion this year to $4.16 billion by 2028 at a compound annual growth rate of 6.83%.

The market has effectively rebounded from the shocks caused by the coronavirus pandemic, and experts predict it will maintain its expansion in the…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsWire
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MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Positive Quarterly Revenues, Achievements

November 21, 2023 12:15:16

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc. (“CHMI” or “Crazy Horse”), today announced upbeat revenue results and shared company achievements with investors. According to the update, GEMXX performed well in the last quarter and is making significant strides to solidify its strong foundation moving forward in the coming year. “We are pleased with the performance of the company, and we are excited for the anticipated growth in shopping television sales and 2024 production of our gold assets,” said GEMXX CEO Jay Maull. “We look forward to updating shareholders as each new project comes online. Everything the company has planned is focused on driving shareholder value.”

To view the full press release, visit https://ibn.fm/cr3Sx

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about the company, visit www.GEMXX.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (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

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