Top Canadian Mining Firms Honored for Their Sustainable Initiatives

May 13, 2021 14:05:27

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

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

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About MiningNewsWire 

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

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

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

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

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

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

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

About MiningNewsWire 

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

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

May 13, 2021 11:44:24

Uranium Energy (NYSE American: UEC) is intent on advancing and expanding Burke Hollow’s resources, an in-situ recovery (“ISR”) uranium project in South Texas, according to a recent article. As a result, it “restarted wellfield development and resource delineation drilling.” The expansion of Burke Hollow’s resources “dovetails with UEC’s plans to participate in supplying the U.S. Uranium Reserve (‘UR’) as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy.” The company controls the largest uranium resource base of fully permitted ISR projects in Texas and Wyoming of any U.S.-based producer and is also “investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.” These various exploits are geared towards fulfilling a specific objective, as CEO Amir Adnani noted: “Our main objective is to continue adding value to our shareholders and grow the company into the largest and most profitable uranium company in the United States.”

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

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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Deep-Sea Mining Prototype Retrieved as Tests Resume

May 12, 2021 14:35:01

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

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

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

About MiningNewsWire 

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

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

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

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

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

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

About MiningNewsWire 

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

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

May 12, 2021 09:13:35

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

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

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

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

About MiningNewsWire

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

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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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A Few Uses for Silver You Probably Didn’t Know

May 11, 2021 14:05:28

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

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

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

About MiningNewsWire 

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

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

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First Company to Mine Plastics Debuts on Toronto Stock Exchange

May 10, 2021 10:35:35

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

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

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

About MiningNewsWire 

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

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

May 7, 2021 13:58:12

Uranium Energy (NYSE American: UEC) is positioned to benefit from the increased demand for low-cost and environmentally friendly uranium. This comes as the U.S. Democratic Party has changed its stand on nuclear energy for the first time since the Nixon administration in 1972. The move by the new administration bodes well for Uranium Energy. A recent article reads, “UEC has used and will be using in-situ recovery (‘ISR’) technology at its fully licensed projects. The company’s resource base of fully permitted ISR projects is the largest of any U.S.-based producer. These projects and the green technology they utilize have situated the company to capitalize on the world’s demand for more uranium and carbon-free energy.” The increased interest/demand has also positively impacted uranium stock, sending them “on a rebound after a downturn that has spanned many years.”

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

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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

May 7, 2021 12:05:15

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

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

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About MiningNewsWire 

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

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

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

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

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

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

About MiningNewsWire 

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

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

May 6, 2021 14:05:37

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

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

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About MiningNewsWire 

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

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MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Featured in Stock2Me Podcast

May 6, 2021 13:19:05

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. Excellon’s CEO and President Brendan Cahill joined the program to introduce the company’s business model and its current portfolio of production and exploration resource projects spanning North America and Europe. “Excellon’s actually been around quite a long time. It was founded in 1989 but got to Mexico in the late ‘90s and started the Platosa Mine in 2005. It’s Mexico’s highest-grade silver producer,” Cahill explained. “We produce silver, lead and zinc and sell it into the global market, but Excellon’s always had a big focus on exploration. So, we’re also expanding in Idaho on gold projects and the very fascinating Silver City Project in Saxony, Germany  — an area that was mined for 800 years for high-grade silver, with mining only stopping when Germany moved off the silver standard in 1873. We’re the first ones ever to use modern exploration technology on that project, and exploration starts again within the month looking for high-grade silver deposits.”

To view the full press release, visit https://ibn.fm/49lb7

About Excellon Resources Inc.

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

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

About MiningNewsWire

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

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MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Completes 2nd Step to Verify Historical Exploration Work at Augustus Lithium Property

May 6, 2021 10:33:16

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of a drill hole at its Augustus Lithium Property in Quebec, Canada. According to the update, drill hole LC21-003 intersected a six-meter-wide zone with 0.62% lithium oxide (“Li2O”) at 45-metres (“m”) depth including a two-metres-wide intersection with 1.35% Li2O at 48 m depth. Additionally, a second two-meter-wide pegmatite intersection assayed 0.63% Li2O at 73 m depth. “We are very pleased that drill results have started to arrive. After fieldwork mapping and sampling, this is the second step to verify historical exploration work,” said Gurminder Sangha, CEO of First Energy Metals. “The company is looking forward to receiving more drilling and channel sampling results to keep investors aware of the progress being made on the property.”

To view the full press release, visit https://ibn.fm/KJ092

About First Energy Metals Limited

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

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

About MiningNewsWire

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

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Report Finds Transparency, Data Usage Will Characterize Mining Industry’s Future

May 5, 2021 11:05:47

Wikistrat, a global crowdsourcing platform, and Sandpit Innovation, a consulting firm based in Perth, Australia, recently published a report that explores the future of the mining industry. The report, which was compiled after engaging with a team of 90 experts from the fields of futurism, disruptive technologies, innovation and mining, generated many proposals in more than a week’s time.

The review combined the experts’ insights on how they imagine the mining industry a decade from now. This was followed by a vote to help decide on the most likely scenarios…

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About MiningNewsWire 

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

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H.C. Wainwright Publishes Analyst Research Report on Uranium Energy Corp. (NYSE American: UEC), Reiterates Buy Rating

May 5, 2021 08:25:13
  • Brokerage firm H.C. Wainwright & Co. recently released report featuring UEC, reiterates Buy rating
  • Recent drilling activities at UEC’s Burke Hollow in situ recovery (“ISR”) project show strong results, potential for further resource growth
  • UEC well-financed to aggressively pursue key developmental targets, the Company has over $110 million in cash, equity and inventory holdings
  • UEC is production ready with four fully licensed uranium projects and a state-of-the-art Central Processing plant with a combined production profile of 4 million pounds of uranium per year

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was recently featured in an H.C. Wainwright & Co. (Wainwright) equity research report that covered wellfield development, resource delineation and company financial updates (https://ibn.fm/rhR2m). Wainwright analysts reiterated their Buy rating for UEC’s stock based on a discounted cash flow (“DCF”) model of future operations and in situ asset values

“We are reiterating our Buy rating on UEC and our PT of $5,” reads the research report. “Our valuation remains based on a DCF of future operations for the firm, utilizing our recently revised 7.5% discount rate. We then add an in situ value of $75.0M for UEC’s Reno Creek assets, $41.5M for…

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

About MiningNewsWire 

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

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US Economic Recovery Pushes Price of Aluminum Higher

May 4, 2021 13:22:01

The premiums that U.S. purchasers of aluminum have to pay for the lightweight metal to be shipped to the United States hit a record high last week. The numbers surpassed the level reached more than five years ago when trading houses and banks began to participate in warehouse merry-go-round deals in order to collect higher rents.

This latest increase, however, wasn’t driven by merry-go-round deals. It was instead propelled by a tariff holdover and a surge in shipping costs and demand…

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

About MiningNewsWire 

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

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) On Pace to Outperform in Commercial REE Carbonate Production

May 3, 2021 13:51:15

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of monazite from The Chemours Company’s Offerman Mineral Sand Plant in Georgia. The delivery sets the wheels in motion for UUUU to produce mixed rare earth elements (“REE”) carbonate and subsequently sell the product to Neo Performance Materials’ REE separation plant in Europe “for production of value-added REE products available to U.S. and European manufacturers,” says a recent article. While the initial production phase of the REE value chain holds great potential for UUUU, the company is still focused on its core business: uranium. “If successful in the coming weeks, Energy Fuels will be commercially producing an REE product at a stage more advanced than any other U.S. company… Although Energy Fuels is committed to its entry into the REE sector, the company also remains committed to maintaining its position as the leading U.S. producer of uranium and vanadium. In fact, the company expects to recover the uranium in the monazite ore…”

To view the full article, visit https://ibn.fm/LJbn2

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: The White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com.

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

About MiningNewsWire

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

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

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

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

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Gold Supplies Fail to Keep Pace with Demand

May 3, 2021 10:52:39

Many economies and industries were affected by the onset of the coronavirus pandemic and the spread of this disease, which led to shutdowns of facilities and countrywide lockdowns in various regions in the world. However, while most industries suffered, producers of gold in the mining industry enjoyed increases in revenue as the price of gold rose by more than 20% last year.

These price surges were caused by various demand shocks that were brought about by the pandemic, such as investors moving from equities to bonds and the U.S. dollar losing more of its purchasing power. Last year’s increase in demand for this precious metal…

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

About MiningNewsWire 

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

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

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Key to Domestic Rare Earth Production Amid Rapidly Expanding Market

April 30, 2021 11:50:45
  • Rare-earth metals market expected to almost double by 2026, driven by consumer and industrial electronics demand
  • REEs are considered critical minerals by the government, but China absorbs biggest share of world supply
  • Energy Fuels remains top U.S. uranium producer, determined to expand into rare earths and bring back production to US

As a leading U.S. uranium producer that recently expanded into the promising rare earths market, Energy Fuels (NYSE American: UUUU) (TSX: EFR) may hold the key to restoring sustainable, low-cost, domestic rare earth element (“REEs”) production in the United States (https://ibn.fm/3JIBW). That position could prove to be profitable, as the rare earth metals market is projected to grow at a CAGR of 12.3%, expanding from $5.3 billion in 2021 to $9.6 billion by 2026 (https://ibn.fm/OvsW0).

A number of critical industries, such as green technology and defense, consume rare earth elements. These elements are used in permanent magnets, metal alloys, phosphors, catalysts, polishing and glass additives. Rare-earth permanent magnets are expected to be the…

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

About MiningNewsWire 

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

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

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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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MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

April 30, 2021 10:49:28

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City Project is located in a district with a long history of high-grade silver production. “Records from the project indicate high-grade silver production over substantial widths throughout the district.”

To view the full article, visit https://ibn.fm/727Ah

About Excellon Resources Inc.

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

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

About MiningNewsWire

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
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MiningNewsWire is part of the InvestorBrandNetwork.

How Gold Mining in the Amazon Can Become More Sustainable

April 30, 2021 10:09:33

The coronavirus pandemic negatively affected different industries and sectors across the globe. However, it also led to a few positive impacts, such as the massive surge in the demand for gold, which was in a way fueled by panic. Gold has often been used as a store of value.

This precious metal is considered to be safe haven in unstable times, which could explain why investors prefer stocking up on bullion instead of high-risk assets…

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

About MiningNewsWire

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

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

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

Philippine President Ends Nine-Year Pause on New Mining Projects

April 29, 2021 14:26:58

President R. Duterte of the Philippines recently lifted a ban on mineral agreements that had been enacted in 2012 by former President Benigno Aquino III. This move reopens a door to new mineral agreements and investments and will help increase revenues. It came after the resident signed Executive Order No.130, which revises section 4 of executive order No.79, which was  ratified in 2012.

The Philippines is a major extractor of gold and copper, in addition to being the largest exporter of unprocessed nickel to the People’s Republic of China. The Mines and Geosciences Bureau notes that over a third of the country’s total land area has high mineral potential, with under 5% of the country’s mineral…

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About MiningNewsWire 

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) Releases Drill Results from Montgomery-Shoshone Exploration Program

April 29, 2021 10:33:15

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B), has released an update based on the 2021 exploration program now underway at its wholly owned Bullfrog Gold project located in Nevada; the update specifically focused on the drilling and results for the Montgomery-Shoshone target. The announcement noted down-dip extension of the Polaris Vein 50 meters below historic drilling with hole BFG21-MS13 returning 32.5 meters assaying 0.76 g/t Au, as well as extension of the Polaris Vein 175 meters south from the historic pit with hole BFG21-MS11 returning 60.7 meters assaying 0.35 g/t Au before the hole was lost due to poor conditions in the vein zone. In addition, the report noted down-dip extension of mineralization in the Montgomery-Shoshone Vein Zone (MS Vein Zone), with hole BFG21-MS10 returning 26.2 meters assaying 0.52 g/t Au. The report also noted key mineralized intervals from both the Polaris Vein and the MS Vein Zone. “The initial results from our 2021 exploration program have clearly demonstrated the expansion potential around the Montgomery-Shoshone historic pit area,” said Augusta Gold president and CEO Don Taylor in the press release. “We are encouraged by these results and see the potential to further add incremental ounces and reduce the strip ratio for the currently outlined resource. Exploration continues at the site with four drill rigs tasked to expand the resource and collect required geotechnical and metallurgical samples as we advance the Bullfrog project to development. Current plans are to release a comprehensive resource update in early Q3 and a Mine Plan of Operations in early 2022.”

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

About Augusta Gold Corporation

Augusta Gold is a rapidly growing exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Bullfrog Gold Project and pursing accretive M&A opportunities. The Bullfrog Gold Project is located in the prolific Bullfrog district approximately 120 miles northwest of Las Vegas, Nevada, and 4 miles west of Beatty, Nevada. The company controls approximately 7,800 acres of mineral rights including the Bullfrog and Montgomery-Shoshone deposits and has further identified significant additional mineralization around the existing pits and defined several exploration targets that could further enhance the project. The company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, please visit www.AugustaGold.com.

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

About MiningNewsWire

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

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First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Is ‘One to Watch’

April 29, 2021 09:45:29
  • First Energy Metals Ltd. is focused on developing a multi-commodity mineral property portfolio by identifying, acquiring and exploring North American mineral prospects in the precious metal, base metal and industrial metals sectors
  • The company’s current property portfolio features core and non-core properties, including the Augustus Lithium and Titan Gold Properties (core), as well as the Kokanee Creek Gold Property and an option to acquire a 100% interest in the Scramble Mine Property (non-core)
  • The global precious metals market is forecast to reach a $362.1 billion valuation by 2027, while the lithium metal market is anticipated to reach $926.6 million that same year
  • First Energy Metals’ management team includes individuals with strong backgrounds in the financial management and energy sectors, including roles with prominent oil and gas firms

First Energy Metals (CSE: FE) (OTCQB: FEMFF) is a publicly traded Canadian mineral exploration company. Its primary focus is on developing a multi-commodity mineral property portfolio by identifying, acquiring and exploring North American mineral prospects in the precious metal, base metal and industrial metals sectors.

Headquartered in Vancouver, the company (formerly known as “Agave Silver”) was first incorporated on…

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

About MiningNewsWire 

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

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Prices of Iron Ore Reach Record Levels as Demand Surges

April 28, 2021 13:04:31

Despite concerns over environmental restrictions in the People’s Republic of China, the price of iron ore kept rising last week. The top steelmaking city in China, Tangshan, stated in March that it would be punishing companies that had discharged pollutants illegally or those that did not implement steps outlined in its emergency anti-pollution plan, which was released after weeks of heavy smog in the northern parts of the country.

Companies in Tangshan’s heavy industry, which include the cement and steel sectors, have been ordered to stop or limit production on heavily polluted days in order to help decrease overall air pollutant emissions, such as nitrogen…

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

About MiningNewsWire 

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

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Energy Fuels (NYSE American: UUUU) (TSX: EFR) Leading American Critical Minerals Production

April 28, 2021 12:49:39
  • Energy Fuels produces the raw materials that make numerous clean energy and advanced technologies possible
  • UUUU is the largest U.S. producer of uranium, the fuel for carbon- and emission-free nuclear energy
  • Company is beginning production of an intermediate rare earth element product with plans to integrate U.S. rare earth supply

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has emerged as “America’s Critical Mineral Hub,” and a leader in the domestic production of uranium, vanadium and rare earth elements (REEs), which are the building blocks of many clean energy technologies, including electric vehicles (EVs), renewable energy systems, nuclear energy and advanced grid-scale batteries.

“Energy Fuels is proud to produce the raw materials that make numerous clean energy and advanced technologies possible,” said Energy Fuels president and CEO Mark Chalmers (https://ibn.fm/sTVQP). “And we do it all at the…

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

About MiningNewsWire 

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

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Leading Presidential Candidate in Peru Wants More Taxes on Mining

April 27, 2021 14:17:07

Pedro Castillo, the leading candidate in the presidential election of Peru, is planning on renegotiating mining contracts in the country’s mining industry. Instead of expropriating assets, Castillo wants a larger share of profits from mining companies in the country to benefit the state’s citizens.

Ana Maria Cordova, the party’s legal representative, stated that the official platform of Free Peru highlights taking control of natural resources. However, she adds, Castillo isn’t considering nationalizing mining in the country, which is the second-largest…

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About MiningNewsWire 

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

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

April 27, 2021 13:29:08

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has significant experience in processing natural monazite feeds into value-added rare earth products. Carester is working with Energy Fuels in its planned development of REE separation capabilities at the White Mesa Mill. Energy Fuels intends to use existing equipment and infrastructure to the extent possible as it works to implement a continuous, integrated and optimized rare earth production sequence. For its part, Carester will conduct an evaluation of the mill’s current monazite leaching process as well as assist in the preparation of an REE separation flow sheet, capital and operating expense estimates, incorporation of new technologies where applicable, and recommendations on equipment vendors. “Energy Fuels is absolutely focused on building fully integrated rare earth supply capabilities at our White Mesa Mill in the coming years, and we are pleased to have Carester on the team to support our efforts,” said Energy Fuels president and CEO Mark S. Chalmers in the press release. “Since we began evaluating the potential to produce rare earth products in late-2019, Energy Fuels has partnered with only the best global experts at every opportunity, and the agreement with Carester is just another example of how our company is advancing our strategy on the complete REE production sequence. The Carester team is widely recognized as one of the world’s foremost authorities in producing separated rare earth oxides and other value added rare earth products. Rare earth extraction, separation and purification can be complex. We believe that our extensive in-house processing experience, combined with Carester’s expertise, places the company in an excellent position to successfully and cost-effectively help to restore critical domestic rare earth capabilities in the USA at the White Mesa Mill.”

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

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 (“U308”) to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the United States today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. along with several uranium and uranium/vanadium mining projects 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 focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) to Utilize ISR to Supply Global Utilities, US Needs

April 26, 2021 13:10:06

Uranium Energy (NYSE American: UEC) aims to change the current state of affairs in the United States as the country is struggling to maintain its uranium industrial base. “The United States is now nearly completely dependent on foreign uranium imports. Meanwhile, the nation’s domestic enrichment capacity is close to non-existent,” reads an article highlighting Scott Melbye’s testimony at the Senate Committee hearing. Melbye, UEC’s executive vice president, elaborated that the United States possesses over one billion pounds of uranium in known and likely deposits and that his company is keen on turning the tide. “Uranium Energy Corp has worked towards the development of a variety of uranium project sites in locations such as Texas, New Mexico, Colorado, Arizona and Wyoming. At the flagship Texas and Wyoming projects and operations, the low-cost and environmentally friendly mining technology called in-situ recovery (‘ISR’) will be used by UEC to competitively supply uranium to both global utilities and the needs of the U.S. government.”

To view the full article, visit https://ibn.fm/Or8Sq

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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Uranium Energy Corp (NYSE American: UEC) Multifaceted Strategy Strengthens Shareholder Value, Grows Company

April 26, 2021 12:20:42
  • UEC is ideally positioned to be leading supplier of American-mined uranium for domestic utilities, U.S. government
  • UEC’s main objective is adding value to shareholders, growing into largest and most profitable uranium company in the United States

Uranium Energy (NYSE American: UEC) CEO Amir Adnani American has noted the company is a uranium pure play, with $110 million cash, equity and strategic U.S.-warehoused inventory holdings.  Recent press releases discuss UEC’s business objectives and highlight recent UEC achievements that are notable for the company’s future growth.

With uranium spot prices below most producers’ cost of production, UEC has established a physical uranium initiative with acquisitions of U.S.-warehoused uranium.  The uranium initiative is fully funded with cash on hand and now includes…

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

About MiningNewsWire 

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

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Copper Prices Rise Due to Increased Chinese Imports

April 26, 2021 10:42:20

Last week, customs released data indicating that the imports of copper into China in the month of March increased by 25%. The General Administration of Customs revealed that the March arrivals of unwrought copper and products added up to 552,317 tons — an increase of about 111,000 tons compared with last year’s March imports.

Last month, the manufacturing sector of China grew at a faster pace than anticipated, which saw activity in the construction sector grow as well, amid warmer temperatures. According to data obtained from Reuters, China’s copper imports for first-quarter 2021 added…

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

About MiningNewsWire 

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

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MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Results of Phase I Drilling at Rio Loa

April 26, 2021 10:34:23

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced the results of the recently completed Phase 1, five-hole (1,793 meters) reverse circulation (“RC”) drill program at Rio Loa. The program was designed to test a series of geochemically (lead-arsenic) and geophysically (magnetics and IP) defined high-sulphidation epithermal gold targets associated with a broad zone of steam heated alteration (silica-clay). Although none of the RC holes reached planned depths due to the presence of clay-rich ground water, higher-temperature alteration minerals and anomalous pathfinder geochemical elements (arsenic, bismuth, copper molybdenum) consistent with the highest levels of epithermal gold deposits were identified at depth. “The Phase I RC drilling program at Rio Loa identified favourable alteration and pathfinder element geochemistry that will allow the company to vector toward gold mineralization in the upcoming Phase 2 diamond drilling campaign,” said Daniel Schieber, GoldHaven’s CEO. “GoldHaven’s team is committed to exploring its highly prospective 251-square-km land package in the Maricunga. After closing an above-market priced financing in March, GOH is well financed for Phase 2 and will be busy during the summer working on preparing Coya and Roma for drilling.”

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

About GoldHaven Resources Corp.

GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to numerous discoveries over the past twenty years and has prolific gold and silver endowment. The company has agreements in place to acquire seven high priority exploration targets as identified by geological studies. To date, GoldHaven has identified “high priority” targets on four of the seven exploration properties. The four priority targets include Coya, located approximately 16 km northeast of the Kinross La Coipa mine; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit; the third and fourth projects are Alicia and Roma, which are approximately 35 km south of the Salares Norte deposit. These exploration targets have been designated high priority due to extensive, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.

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

About MiningNewsWire

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

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Penn State Receive $1.75M to Complete Rare Earth Feasibility Study

April 23, 2021 12:16:13

Energy Fuels (NYSE American: UUUU) (TSX: EFR), along with a team from Penn State University has received additional funds to complete an ongoing feasibility study focused on the production of rare earth element (“REE”) products from natural, coal-based resources. The funds were awarded by the U.S. Department of Energy (“DOE”) Office of Fossil Energy and National Energy Technology Laboratory, which provided an initial $150,000 for the study last year. The study also looks at the production of REE products from other materials such as REE-containing ores like the natural monazite ore produced at UUUU’s White Mesa Mill, located in Utah. The feasibility study is designed to support a cost estimate for the production of individually separated rare earth oxides and rare earth metals and alloys from coal-based resources or other resources, including monazite, within the U.S., with a focus on REEs for the production of commodity and defense-related products. “We are pleased to continue our collaboration with the U.S. Department of Energy, as we work together to restore critical U.S. rare earth supply chains available for domestic manufacturing,” said Energy Fuels president and CEO Mark S. Chalmers in the press release. “As we continue to ramp-up production of an intermediate rare earth product at the White Mesa Mill in Utah, we are moving forward with designing and developing the infrastructure needed to responsibly produce separated rare earth oxides and other products needed by the electric vehicle, renewable energy, defense and other domestic industries. Furthermore, we believe we can design our infrastructure to process feeds produced in the DOE program as well as the monazite we are currently processing, for the recovery of uranium and REE products. We believe these kinds of collaborative public-private partnerships will be a key to restoring U.S. global leadership in the clean energy sector and re-establishing critical defense-related supply chains.”

To view the full press release, visit https://ibn.fm/6ShtI

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 (“U308”) to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the United States today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. along with several uranium and uranium/vanadium mining projects 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 focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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ESG Standards Adherence Gives Metals Producer Edge in Attracting Investors

April 22, 2021 14:27:35

During the first quarter of this year, the stock of Press Metal Aluminium Holdings Bhd rose 18%, which made it the top performer on the benchmark stock index in Malaysia. The company’s focus on ESG standards has made it popular among investors.

Press Metal’s plants are powered using hydropower, an approach that has improved greatly amid higher metal prices. The company hopes that its products, which are manufactured…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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Asia Broadband Inc. (AABB) Takes The Los Reyes Gold Mine Property Purchase Deal Further; Expands Management Team 

April 22, 2021 12:59:45
  • Asia Broadband takes the Los Reyes gold mine property purchase deal further with mapping and rock sampling assay results
  • Asia Broadband announces the appointment of new management personnel
  • AABB will be launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company

Asia Broadband (OTC: AABB) has received mapping and rock sample assay results during the ongoing due diligence process for acquiring a significant gold mine property and on-site processing unit in the productive mining region of Mascota in Jalisco, Mexico. The company had signed the Letter of Intent sometime back to acquire this reputed mining area.

The 200-hectare Los Reyes property, situated at an average elevation of 2600 meters above sea level, is located approximately 3 km from Navidad, at geographic coordinates 20° 15′ – 20° 51” latitude North and 104° 31′ – 105° 11” longitude West. Spread over an expansive 25 hectares of…

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

About MiningNewsWire 

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

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Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Continues to Find Additional High-Grade Silver at its Platosa Mine in Mexico

April 22, 2021 12:24:32
  • In production since 2005, Platosa is Mexico’s highest-grade silver mine
  • Recent drilling by Excellon highlighted by an intersect of 1,422 g/t silver equivalent over 8.9 meters, as well as multiple other assay results of 1,000+ g/t silver equivalent
  • Drilling underway to define and discover new mineralization in the Gap Zone, an area of vertical mineralization inadequately tested by drilling from surface to date

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, has announced compelling high-grade results from underground expansion and exploration drilling at the Platosa Mine in Mexico (https://ibn.fm/8GCNt).

According to the company’s recent announcement, further definition and expansion of the Rodilla, NE-1S and Pierna Mantos highlighted the…

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

About MiningNewsWire 

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

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

April 22, 2021 09:32:12

Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic-production mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has existing infrastructure, two mine sites and a facility capable of processing 200 tons per day. The Acaponeta gold project is another prospective high-yield asset addition in Asia Broadband’s strategic expansion initiative to acquire production and increase AABB’s physical gold holdings. In the coming weeks, the company will conduct further due diligence and continue its negotiations to acquire the economical $11 million property.

To view the full press release, visit https://ibn.fm/gLD6b

About Asia Broadband Inc.

Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company has recently released its freshly minted mine-to-token, gold-backed cryptocurrency AABB Gold token (“AABBG”) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. For more information, visit www.AsiaBroadbandInc.com and www.AABBGoldToken.com.

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

About MiningNewsWire

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

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

April 22, 2021 08:54:07

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground expansion and exploration drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported further definition and expansion of the Guadalupe North, 623, NE-1 and NE-1S mantos. Results from underground drilling include 1,293 G/t silver equivalent over 6.5 metres. “Underground drilling at Platosa continues to delineate high-grade silver,” said Ben Pullinger, Excellon’s SVP of Geology and Corporate Development. “We are currently advancing development to support further drilling of the Gap Zone. As that development progresses, we are identifying areas of historical production where we see potential additional high-grade mineralization, such as Guadalupe North.”

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

About Excellon Resources Inc.

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

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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MiningNewsWire is part of the InvestorBrandNetwork.

Chile Mining Minister Calls Proposed Mining Royalty Legislation Unconstitutional

April 21, 2021 13:46:39

Chile mining minister Juan Carlos Jobet stated on Monday that a proposal to increase royalties on lithium and copper miners currently being discussed by legislators was unconstitutional and noted that the administration of President Sebastian Piñera would be against it. The proposed bill, which had been introduced in 2018, would impose a 3% mining royalty on firms mining and exploring for lithium and copper in Chile. The country is known to have the biggest reserves of lithium and is also the top producer of copper globally.

During the annual CRU World Copper Conference and CESCO Week, Jobet stated that the Chilean government was making improvements to a broad-spectrum national mining policy measure that would be presented later this year, during the third quarter. The minister asserted that the policy would be a better fit for both the government’s priorities and the investors, in comparison…

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

About MiningNewsWire 

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

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

April 21, 2021 08:47:57

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced that it has taken the next step in the development of a fully integrated U.S. rare earth element (“REE”) supply chain by signing a memorandum of understanding (“MOU”) with Hyperion Metals Limited. The MOU calls for Energy Fuels to receive natural monazite sands from Hyperion’s Titan Project in Tennessee, which UUUU anticipates using to produce mixed rare earth element products at its White Mesa Mill in Utah. In addition, the announcement noted that the two companies have agreed to assess a potential partnership that would advance Energy Fuels’ initiative to create a fully integrated, “mine to market” U.S. REE supply chain for the electric vehicle and renewable energy industries. “Energy Fuels, along with Chemours and Neo, are creating a new U.S.-Europe rare earth supply chain,” said Energy Fuels president and CEO Mark Chalmers in the press release. “For this initiative to achieve its full potential, we are actively seeking new, ethically produced sources of monazite, with sources from the U.S. being our first priority. Therefore, we are excited to work with Hyperion to secure additional sources of monazite for processing at the White Mesa Mill. Through their association with Piedmont Lithium’s project in North Carolina, members of the Hyperion team have demonstrated to us that they have the know-how and resources to bring U.S. critical mineral projects into production. We look forward to working with the Hyperion team and potentially seeing our relationship grow through their participation in a fully integrated, low cost U.S. rare earth supply chain in the future.”

To view the full press release, visit https://ibn.fm/P0U9N

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 (“U308”) to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the United States today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. along with several uranium and uranium/vanadium mining projects 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 focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Promising Results During Advancement of Gold Mine Property Acquisition

April 20, 2021 13:05:50

Asia Broadband (OTC: AABB) today announced its receipt of mapping and rock sample assay results during the ongoing due diligence process regarding the letter of intent to acquire a historic production gold mine property and on-site processing facilities in the prolific mining region of Mascota in Jalisco, Mexico. Per the Los Reyes Preliminary Geological Report, non-targeted rock samples were randomly collected throughout the property at the beginning of the due diligence procedures. Among the most significant gold values assayed were 2.53 grams per ton (g/t), 2.25 (g/t) and 2.21 (g/t). Asia Broadband is highly encouraged by these general results, which also strongly indicate that targeted drilling samples directed by geophysics data could contain significantly higher gold values and concentrations.

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

About Asia Broadband Inc.

Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company has recently released its freshly minted mine-to-token, gold-backed cryptocurrency AABB Gold token (“AABBG”) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. For more information, visit www.AsiaBroadbandInc.com and www.AABBGoldToken.com.

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

About MiningNewsWire

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

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

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Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

April 20, 2021 11:43:09
  • Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectares
  • Germany and the EU have seen mining revival in attempt to enhance mineral supply security
  • Excellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious metals

Excellon (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, zeroes in on the expansion of its Silver City Project in Saxony, Germany. Following the approval from Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project: Frauenstein, Mohorn and Oederan, doubling the size of the project to 34,150 hectares (https://ibn.fm/5A0bx).

“Over the past year, Saxony has become an important jurisdiction for Excellon,” said Ben Pullinger, SVP Geology & Corporate Development for Excellon. “We permitted the first drilling program for precious metals in modern times on the…

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

About MiningNewsWire 

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

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

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

April 19, 2021 11:17:20

First Energy Metals (CSE: FE) has announced assay results from its Augustus Lithium Property in Quebec. Derived from 24 grab and channel samples of varying lengths, assay results revealed up to 4.61% lithium oxide. The samples consisted of varying lengths and were taken from the Beluga Pegmatite Zone with a surface exposure of more than 100 meters wide and 250 m along a strike located at the Canadian Lithium Prospect. The company noted that its field crew will be consistently cutting and sampling remaining outcrops, and those results will also be available soon. Additional sample details revealed that that three out of four grab samples assayed up to 4.61% lithium oxide (Li2O) with an average value of 3.04% Li2O; the fourth sample returned a low value of 12 ppm lithium. Results of channel sampling completed so far on Beluga Pegmatite indicate a width of 10.64 meters at 0.24% Li2O. The announcement observed that FE’s ground exploration work has been continuous since February 2021 with the purpose of locating and confirming historical lithium pegmatite occurrences on both the Augustus and Canadian Lithium prospects. The company hopes to find and identify historical drill holes completed in 1950s as well as support its ongoing drill program.

To view the full press release, visit https://ibn.fm/2gO79

About First Energy Metals Limited

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

About MiningNewsWire

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

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How Nevada Mining Companies Stayed Afloat During the COVID-19 Storm

April 19, 2021 10:52:07

The mining sector has always had a robust culture of disaster preparedness, safety and health awareness, given its familiarity with the volatility of the markets and its innate inelastic supply and demand. However, the coronavirus outbreak last year resulted in an unprecedented downturn in almost all economic activities, including mining operations.

A few weeks after the outbreak was declared a pandemic, market capitalization lost over a third of its value, and many speculated that a great depression…

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

About MiningNewsWire

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

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

April 16, 2021 11:36:26

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was featured in a research report by H.C. Wainwright & Co. The piece covers ongoing wellfield development and resource delineation drilling at UEC’s Burke Hollow in-situ recovery (“ISR”) uranium project in Texas, as well as its fully funded physical uranium initiative. “We are reiterating our Buy rating on UEC and our PT of $5. Our valuation remains based on a DCF of future operations for the firm, utilizing our recently revised 7.5% discount rate,” the report reads. “We then add an in-situ value of $75.0M for UEC’s Reno Creek assets, $41.5M for Alto Parana’s resources, and an additional $40.0M for Paraguay and UEC’s other exploration stage assets. We continue to believe that these figures remain in line with similar projects throughout our coverage universe to which we assign equal geopolitical risk factors.”

To view the full report, visit https://ibn.fm/o5sqp

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

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Report Suggests Biden’s EV Plan May Trigger Bull Market for Energy Metals

April 16, 2021 10:37:32

According to Fastmarkets, an analytics firm, a $2 trillion infrastructure measure proposed by President Joe Biden would help establish bull conditions in commodity markets, especially for copper, lithium, cobalt and steel, which are key materials needed for the energy transition.

Fastmarkets metals & mining expert Thorsten Schier stated that in comparison with the package proposed by Obama in 2009, the infrastructure plan proposed by Biden could be more beneficial to the metals market, for reasons beyond its large size. Schier explained that it created the potential…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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

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

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

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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

April 16, 2021 09:41:56

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has shared its annual shareholder letter from CEO Sue Ozdemir. The letter provides a brief overview of the company’s development in the past year, including insight into its product technology and proprietary intellectual property, as well as outlining Exro’s growing partner strategies and organizational structure. The letter noted that the company is moving its technology from development into commercialization, with a strategic plan in place that involves continued development of patents, deployment of validated technology and commercialization for a profitable future. Ozdemir explained that the company’s inaugural product, the Coil Driver(TM), represents integration of Exro’s validated coil switching patents into a new topology of inverter and enables intelligent control of multiple torque profiles in a single motor completely through the inverter. The company’s second product, the Battery Control System (“BCS”) enables intelligent control of the cells within a battery. The letter reported that Exro currently has 25 granted patents and nine patents pending globally, with existing patents representing a combination of hardware and software systems. In addition, the letter outlined the company’s new partner model, which includes four different types of partners: development, commercial, strategic and motor. “Looking forward to our growth plans this year, you can expect that we will remain focused on completing our milestones,” stated Exro Technologies CEO Sue Ozdemir in the shareholder letter. “I am genuinely excited about our future. Customer demand is strong, and despite the challenges the past year has thrown at all of us, our team remained committed and made incredible progress under the COVID guidelines to execute for our customers and partners. It takes a special team to overcome the adversity, adapt, and deliver a new technology to market and I am so thrilled we have put that together. I can’t wait to see what we can accomplish moving forward. The Exro in front of you today is one that will be a market leader in the future.”

To view the full press release, visit https://ibn.fm/Zlv3p

About Exro Technologies Inc.

Exro is a clean-technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro’s advanced motor control technology, the Coil Driver, expands the capabilities of powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized. For more information about the company, please visit www.Exro.com.

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

About MiningNewsWire

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

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

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Global Business Giants Call for a Ban on Deep-Sea Mining

April 15, 2021 14:29:25

Google, Volvo, BMW and Korean battery manufacturing company Samsung SDI have pledged not to purchase metals extracted from deep-sea mining until the activity’s environmental risks are better understood. These companies are the first international companies to back a World Wildlife Fund action for a moratorium on deep-sea mining. This move could deal a significant blow to companies that plan to mine the deep ocean in the near future.

In addition to these companies, the European Parliament also called for a ban on deep-sea mining until the environmental risks and effects of disrupting…

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

About MiningNewsWire 

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Uranium Energy Corp. (NYSE American: UEC) Positioned to Capitalize on Rising Uranium Demand with Diverse Portfolio of Low-Cost, Environmentally Friendly Projects and Strong Balance Sheet

April 15, 2021 11:25:59
  • Bi-partisan support seen in U.S.; Democratic party supports nuclear energy for first time in 48 years – nuclear power included in Biden’s Clean Energy Standard
  • Nuclear energy is projected to increase worldwide to combat climate change
  • UEC utilizes in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad, Reno Creek
  • UEC controls of one of largest historical uranium exploration, development databases in United States
  • Largest resource base of fully permitted ISR projects of any U.S. based producer
  • Over $110 Million in Cash, Equity and Inventory Holdings as of April 9, 2021

The U.S. Democratic Party changed its stance on nuclear energy for the first time in nearly fifty years through a party platform supporting existing and advanced nuclear and other zero-carbon technologies (https://ibn.fm/BUFwj). Nuclear energy is included in Biden’s Clean Energy Standard Policy development to address climate change with decarbonization of the electricity industry (https://ibn.fm/HUmQw).

As interest in nuclear projects increases worldwide, Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, is positioned to benefit from increased demand for uranium through its low cost, environmentally friendly in-situ recovery (“ISR”) projects. The ISR technology is known for being…

Read More>>

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

About MiningNewsWire 

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

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MiningNewsWire
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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

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

April 15, 2021 09:16:54

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced production results from its Platosa Mine located in Durango, Mexico; the results include results from first quarter 2021 compared to first quarter 2020. Highlights of the report include silver production increase of 11% to 328,747 oz. compared with 296,281 oz. in 2020, lead production increase of 11% to 2.1 million lb. compared to 1.9 million lb. in 2020, and zinc production increase of 13% to 2.4 million lb. compared to 2.1 million lb. in 2020. The announcement noted that overall production in Q1 2021 as changes and enhancements implemented last year continued to be refined. Those changes included modified mining methods and shift schedules as well as improved water pumping. The company also noted plant improvements made during the quarter, which included rebuilt flotation cells and drying filters as well as improved adjusted floor operations, which have begun to stabilize and enhance zinc recovery. “We continue to see improved production from Platosa after the changes we made in mid-2020, with our third consecutive quarter of more than 21,000 tonnes mined,” said Excellon Resources president and CEO Brendan Cahill in the press release. “The mine is reaching a good steady state of production, though we continue to see opportunities to improve mill recoveries.”

To view the full press release, visit https://ibn.fm/MWG7U

About Excellon Resources Inc.

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

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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Study Finds That Recycling Battery Minerals Produces Smaller Carbon Footprint

April 14, 2021 12:50:16

new study conducted by a team of researchers from the Aalto University in Finland has found that the carbon footprint of raw materials acquired through recycling electric vehicle batteries is 38% less than that of virgin raw materials.

In order to reach this conclusion, the researchers used simulation-based life cycle to account for water and energy consumption as well as emissions in smelting, a hydrometallurgical recycling process. Generally, this technique loses various raw materials including lithium while new hydrometallurgical processes work by separating battery metals from waste through dissolution, which allows the minerals to be recovered. However, the process uses up high amounts of chemicals and energy and produces…

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

April 14, 2021 09:39:18

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced its completion of an initial 40 development holes in the first production area (“PAA-1”) of its Burke Hollow ISR Project in South Texas. “We are pleased with the drilling results to date, which continue to improve our understanding of the five Goliad Formation roll fronts or trends within PAA-1,” said Andy Kurrus, VP of Resource Development. “The continuity of the uranium roll fronts, and the exceptional uranium grade intercepts are impressive. The development of Burke Hollow, the only recent uranium discovery in the United States, continues to exhibit the potential to be the largest Goliad Formation deposit ever discovered in the South Texas Uranium Trend. As we plan for additional production areas at Burke Hollow, we have a strong pipeline to our ~19,000 acre property, including defined resources outside of PAA-1 and several exploration targets and anomalous areas that have only been lightly explored.”

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

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

April 14, 2021 09:23:16

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B) today announced its appointment of Donald Taylor, currently serving as a director of the company, as its president and chief executive officer, effective immediately. Maryse Belanger has resigned as CEO, president and a director of Augusta Gold for personal reasons. Taylor, currently chief executive officer of Titan Mining Corporation, has extensive experience spanning 30 years in mineral exploration with precious and base metals on five continents, taking projects from exploration to mine development. He is the recipient of the Prospectors and Developers Association of Canada’s 2018 Thayer Lindsley Award for the 2014 discovery of the Arizona-based Taylor lead-zinc-silver deposit. Taylor has served in various roles for large and small cap companies, including Arizona Mining, BHP Minerals, Bear Creek Mining, American Copper and Nickel, Doe Run Resources and Westmont Mining Company. He is a qualified person as defined by National Instrument 43-101 and a licensed professional geologist in several eastern and western states.

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

About Augusta Gold

Augusta Gold is a rapidly growing exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Bullfrog Gold Project and pursing accretive M&A opportunities. The Bullfrog Gold Project is located in the prolific Bullfrog district approximately 120 miles northwest of Las Vegas, Nevada and four miles west of Beatty, Nevada. The company controls approximately 7,800 acres of mineral rights including the Bullfrog and Montgomery-Shoshone deposits and has further identified significant additional mineralization around the existing pits and defined several exploration targets that could further enhance the project. The company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, visit www.AugustaGold.com.

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

About MiningNewsWire

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

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MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Participation in H.C. Wainwright Mining Conference, Featured in Streetwise Reports Article

April 13, 2021 15:25:40

Uranium Energy (NYSE American: UEC) has announced that it will be a featured presenting company at the upcoming H.C. Wainwright Spring Mining Conference, slated for April 19–20, 2021. UEC CEO Amir Adnani will present at the virtual event. His live presentation is scheduled for Monday, April 19, at 10 a.m. ET. Adnani will also be available to participate in one-on-one meetings with investors attending the conference. An archived presentation will be available on EUC’s website for 90 days after the conference. In addition, Adnani talks about the company’s business play and objectives in a recent Streetwise Reports article, noting that selling uranium is only one piece of UEC’s business model. The article noted that UEC has purchase contracts for more than 2 million pounds of uranium at a volume-weighted average price of ~$30 per pound. In addition, the company recently closed on a public offering, resulting in $12 million. Those funds, along with the monies resulting from a delivery of contracted drummed uranium, have helped UEC amass more than $110 million of cash, equity and inventory holdings, the company noted. That along with the fact the company has seen strong investor interest, put the company in a strong financial situation. Adnani noted that the company was using part of the funds to execute a physical uranium strategy with drummed uranium purchases at market prices that are below most producers cost of production. That strategic plan will help the company achieve three key objectives: strengthen its balance sheet, provide strategic inventory to support future marketing efforts, and increase the availability of the company’s Texas and Wyoming production capacity to pursue specific opportunities for uranium of U.S. origin. “UEC is ideally positioned to be the leading supplier of American mined uranium for the domestic utilities and the U.S. government,” said UEC CEO Amir Adnani in the article. “We control the largest resource base of fully permitted ISR projects in Texas and Wyoming of any U.S. based producer, ideally positioned to lead the resurgence in domestic uranium mining. We are investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.”

To register for the conference, visit https://ibn.fm/5LFdF

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

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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Demand for Battery Minerals for EVs Underscores Importance of Mining Sector

April 13, 2021 13:26:42

As the world embraces electric vehicles (“EVs”) and more countries work toward adopting a zero carbon economy, the demand for battery minerals continuously grows.

The battery itself was the brainchild of an Italian more than 270 years ago, but it wasn’t until the 19th century that the idea was enhanced…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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Uranium Energy Corp. (NYSE American: UEC) Focused Strategy Means Price Target Increase, Stronger Position in Growing Sector

April 13, 2021 10:53:45
  • H.C. Wainwright and Co. increase price target, reiterate buy rating for UEC
  • Key moves by company lead to stronger position
  • UEC investing to build next generation of low-cost and environmentally friendly uranium projects that will be competitive on global basis, says CEO

Recent action taken by Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases, has prompted H.C. Wainwright and Co. to increase its price target for the company and reiterate its buy rating (https://ibn.fm/6wWpO). In its updated report, Wainwright specifically cited three main factors for the increase in price: UEC’s decision to obtain financing to support physical uranium purchases, the establishment of a physical uranium inventory initiative and the restart of wellfield development and definition drilling at the company’s Burke Hollow project.

“On March 22, Uranium Energy Corp. (‘UEC’) announced that it had closed an offering for total gross proceeds of $30.5M after issuing 10.0M common shares at a price of $3.05 per share,” the report stated. “These funds are expected to be used for additional uranium purchases, as well as general corporate and working capital requirements. . . . We highlight that UEC’s physical uranium initiative, which we discuss in more detail below, is fully funded with its current cash position, and now includes 1.4M pounds (lbs) of U.S. warehoused uranium.

“While the company remains focused on developing its low-cost, in-situ recovery (‘ISR’) mining capabilities, management has identified a unique opportunity to purchase drummed uranium at spot prices well below global industry mining costs,” the report continues. “As a result, UEC is establishing a physical uranium inventory initiative based on an initial agreement with ConverDyn in Illinois to acquire 0.4Mlbs of U.S. warehoused uranium for a total cost of $10.9M. . . . Management anticipates that this initiative can improve its balance sheet through uranium price appreciation and support future marketing efforts with utilities to accelerate cash flows. Looking ahead, this move should also increase the availability of Texas and Wyoming production capacity for emerging U.S. specific opportunities such as the U.S. Uranium Reserve (‘UR’).”

Finally, the H.S. Wainwright report stated that “on January 26, UEC announced that the company had commenced production area development at its Burke Hollow ISR project in Texas. We note that advancing and expanding resources is a critical step to supporting the company’s plan to participate in supplying the U.S. UR. The UR includes purchases of newly mined domestic uranium over a 10-year period for an aggregate value of $1.5B. Additionally, the FY21 bipartisan omnibus spending bill currently includes $75M for domestically produced uranium. We highlight that the U.S. Department of Energy is currently developing a plan to implement this program, which UEC expects to be a competitive bid process focused on existing fully permitted and low-cost projects.”

As a result of these key factors, H.C. Wainwright and Co. reiterated its buy rating on EUC shares while raising its price target to $5 from $3.60, a move worth noting by one of the country’s oldest and most-trusted financial institutions.

UEC is focused on establishing a stronghold in the growing U.S.-based uranium space. “With $65.8 million in cash and equity holdings, UEC has the balance sheet strength to lead U.S. uranium production higher at the most critical time for the domestic industry since the inception of the civilian nuclear power program began in the 1950s,” said UEC CEO and president Amir Adnani (https://ibn.fm/f3N4T). “As a leading pure-play American uranium company, UEC is investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.”

Uranium Energy Corp. is a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases. Founded in 2003, UEC is headquartered in Corpus Christi, Texas. Properties acquired by the company are primarily located within the United States, including Texas, New Mexico, Colorado, Arizona and Wyoming. In addition, the company is aggressively pursuing other key developmental targets. UEC is poised to be a next-generation uranium producer and is committed to providing low-cost, low-capital fuel for the country’s large electricity-generating nuclear fleet.

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

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

About MiningNewsWire 

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

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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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Canada in the Race to Acquire Minerals from Outer Space

April 12, 2021 14:13:14

As countries and companies work on addressing the climate crisis, space mining has become a popular topic whose relevance increases, day by day.

For a zero-carbon economy to thrive, an increase in the supply of various natural resources that are nonrenewable, such as battery metals, is needed. This makes up the basis for the space race, which involves various companies in the private sector as well as countries…

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

About MiningNewsWire 

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

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

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

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

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

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

April 12, 2021 12:38:13

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Neo Performance Materials (TSX: NEO) in an initiative that will see feedstock from the United States being used to manufacture separated rare earth (“RE”) materials outside China for the first time in over 20 years. “A leading U.S.-based uranium mining company, Energy Fuels, has been working with Neo for almost a year in a technical collaboration focused on establishing a monazite processing and RE carbonate production capacity at Energy Fuels’ White Mesa Mill plant in Utah,” reads an article detailing the partnership. “That successful collaboration has led to the current initiative, which marks the first time in more than 20 years that monazite ore from the United States will be used as a feedstock to manufacture separated rare earth materials outside of China. The agreement calls for Energy Fuels to process natural monazite sands, which it obtains from the Chemours Company (NYSE: CC), into an RE carbonate beginning next year and ship a portion of that production to Neo’s rare earth separation facility in Estonia.”

To view the full article, visit https://ibn.fm/Ia6zb

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest N.I. 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com.

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

About MiningNewsWire

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

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

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

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

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[email protected]

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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Has Keen Interest in President’s Supply Chain Review

April 12, 2021 11:12:36
  • Biden calls for 100-day review of strategic supply chains
  • Already leading uranium/vanadium producer, UUUU has made significant strides in REE space in 2021
  • Energy Fuels on schedule to produce intermediate rare earth product in 2021

In the midst of President Joe Biden’s 100-day review of U.S. strategic supply chains (https://ibn.fm/jc5jW), companies around the country, including Energy Fuels (NYSE American: UUUU) (TSX: EFR), are watching closely for the results. Last year, Energy Fuels, the country’s largest producer of uranium and the leading conventional producer of vanadium, announced plans to enter the rare earth elements (“REE”) space. Just under a year later, the company is about to begin commercial production of an intermediate rare earth product at its facility in Utah. This product contains excellent distributions of the rare earths needed for electric vehicles (“EVs”), renewable energy systems, batteries, technology, and military and defense applications.

The supply chain review is intended to boost manufacturing jobs by strengthening U.S. supply chains for advanced batteries, pharmaceuticals, critical minerals and semiconductors; the review will also examine the nation’s reliance on imports of…

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

About MiningNewsWire 

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

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Australia Seeks Data Scientists for Mining Industry

April 9, 2021 13:53:33

The implementation of digitization and automation in various processes in almost every industry has allowed smart and digital technologies to be applied in nearly every aspect of mining, albeit in varying capacities.

Of the many countries that have embraced this change, Australia has been crucial in ushering the natural resources industry into the 21st century through various ways, including automated…

Read More >>

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

About MiningNewsWire

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

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Uranium Energy Corp.’s (NYSE American: UEC) Executive Vice President Scott Melbye Presents Testimony at Senate Committee Hearing

April 9, 2021 11:29:19
  • Uranium Energy Corp’s Executive Vice President, Scott Melbye, presented testimony to Senate Committee on Energy & Natural Resources
  • During his testimony, Melbye provided detail on current state of American nuclear energy industry as well as challenges being faced by the sector
  • While nuclear power is an integral part of United States electricity framework, the country is now nearly completely dependent on foreign uranium imports to fuel its nuclear generators
  • Melbye urged Congress to work towards increasing domestic uranium production within United States while simultaneously, building out recently established strategic uranium reserve

Uranium Energy (NYSE American: UEC)a U.S.-based uranium mining and exploration company, announced that the company’s executive vice president and current president of the Uranium Producers of America, Scott Melbye, recently presented testimony at the Full Committee Hearing on Nuclear Energy for the Senate Committee on Energy & Natural Resources on March 25, 2021 (https://ibn.fm/dEX9b).

Boasting 36 years of experience within every facet of the international nuclear fuel cycle, ranging from the production and global marketing of uranium to its use as a clean-energy fuel, Scott Melbye testified as to the current state of the…

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

About MiningNewsWire 

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

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

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

April 9, 2021 09:31:16

Uranium Energy (NYSE American: UEC)a U.S.-based uranium mining and exploration company, announced that it has closed on its recent registered direct offering. The previously announced offering included an aggregate of 3,636,364 shares of UEC common stock, sold at a purchase price of $3.30 per share, for potential gross proceeds of $12 million for the company. The offering was sold according to an April 5, 2021, securities purchase agreement made with institutional investors. Following the closing, UEC reported that it currently has more than $110 million in cash, equity and inventory holdings; the announcement noted that with the closing UEC’s physical uranium initiative is fully funded and includes 2.105 million pounds of U.S.-warehoused uranium at a volume-weighted average price of ~$30 per pound with deliveries between March 2021 and December 2022. The company plans to use the offering net proceeds for additional uranium purchases and for general corporate and working capital purposes.

To view the full press release, visit https://ibn.fm/gBC1N

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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Colombia Opens Five Blocks to Bids from Interested Mining Firms

April 8, 2021 13:13:16

Last week, Colombia commissioned and opened five mining areas with the objective of encouraging the exploration for mineral resources. The areas have the potential to develop copper and other polymetallic projects and have been opened to bids from potential investors.

Companies interested in the areas have had since February 25, 2021, to study datasets of each area. The five blocks are located in the northeastern part of the country, as noted by the Colombian Geological Service, which availed information about these areas, including their mineral…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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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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MiningNewsWire is part of the InvestorBrandNetwork.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Receives Monazite Shipments, Initial Step in Becoming Key U.S. Rare Earth Supplier

April 8, 2021 11:24:22
  • Initial shipments of rare earth bearing monazite mineral mark beginning of plans to produce mixed rare earth element (“REE”) carbonate
  • Company ramping up operations for “what we believe will become a burgeoning supply chain,” says CEO
  • Energy Fuels plans to commercially produce REE product at a stage more advanced than any other U.S. company

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of natural monazite ore at its White Mesa Mill in Utah (https://ibn.fm/SFNkh). Monazite ore is a naturally occurring mineral, rich in rare earth elements, which is currently mined as a byproduct of other metal mining. The shipments mark the beginning of UUUU’s plans to ramp up production of mixed rare earth element (“REE”) carbonate, an intermediate rare earth product, which is also the beginning of the company’s plans to increase domestic production of these vital minerals.

Energy Fuels will buy monazite from The Chemours Company operation in the state of Georgia, produce a mixed REE carbonate at its plant in Utah, and sell this product to Neo Performance Materials’ REE separation plant in…

Read More>>

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

About MiningNewsWire 

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

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Recent Battery Metal IPO to Benefit from Interest in Ethically Sourced Minerals

April 7, 2021 11:37:35

The steadily increasing investor demand for battery minerals that have been ethically sourced allowed Green Minerals AS, an offshore mining company based in Norway, to become the pioneer deep-sea mining stock to be offered publicly.

The company revealed that it would be able to exploit the demand for copper and cobalt required by electric vehicles (“EVs”) without causing damage to the environment as well as people. Most of the present production of the company originates from mines in the Democratic Republic of Congo. The company joins a list of other companies that want to clean up supply…

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

About MiningNewsWire 

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

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

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Mining Report Shows Sector Made $230 Billion Profit Last Year

April 6, 2021 11:51:09

Moody’s Investor Service recently released a report which showed that following the 2015–2016 market downturn that led to an adjustment of volatile commodity prices, many mining companies adopted more conservative approaches and shifted their focus onto expanding liquidity, productivity and cost cutting.

The market downturn was a period in which there was a decline in the value of share prices of different companies across the globe. The sell-off occurred between June 2015 and June 2016. It was made up of stock market turbulence in the Chinese market, which led to a 43% decline in the SSE Composite Index in roughly two months, between June and August 2015. In turn, this led to a devaluation of the yuan as more investors sold shares worldwide in a bid to get ahead of the drop in petroleum prices, the declining growth in China’s GDP and the impacts…

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

About MiningNewsWire

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

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

April 6, 2021 10:20:14

Perpetual Industries (OTC: PRPI), an incubator for the development of innovative, energy-efficient technologies aimed at commercializing products that have the potential to impact and advance a wide range of industries on a global scale, has completed its acquisition of the AutoGrafic Software System. AutoGrafic is a software as a service (SaaS) and social application that uses cutting-edge technology to host a myriad of aspects for automotive promotion and preservation. The software is designed for global collector car and automotive enthusiasts and enables a unique, multifaceted, interactive automotive experience focused on a visual-based social community; the software also provides collection management, social events, auctions, insurance, research, preservation and historical documentation components. As a result of the acquisition, PRPI intends to create a new division focused on AutoGrafic and designed to elevate the platform and bring it to its full potential. Plans for the software include providing a mobile app, loyalty program, tokenization on the blockchain, and a full suite of other multidimensional features. “This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” said Perpetual CEO Brent Bedford in the press release. “It will also greatly benefit Worldwide Auctioneers, our newly acquired, wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”

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

About Perpetual Industries Inc.

Incorporated in Nevada and based in Auburn, Indiana, Perpetual Industries Inc. is an incubator for the development of new and innovative energy-efficient technologies. The company’s mission is to “perpetuate industry” by bringing value-added technologies to market. At PRPI’s core is a proprietary technology known as the XYO Mechanical Balancing Technology, designed specifically to dynamically eliminate vibration in rotating equipment to create energy-efficient, environmentally responsible products. The company is expanding its expertise and knowledge of energy-efficient technology by developing low-cost, green energy-powered solutions for a variety of industries including renewable energy, blockchain mining, artificial intelligence, graphic rendering, internet of things (“IoT”) and cloud computing, while continuing its research, development and commercialization of the XYO Technology in key applications. For more information about the company, please visit www.PerpetualIndustries.com.

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

About MiningNewsWire

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

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

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

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

April 6, 2021 09:18:50

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced that it has secured an additional 705,000 pounds of U.S.-warehoused uranium, with delivery dates out to December 2022. Including previously contracts to acquire 1,400,000 pounds of uranium concentrates, Uranium Energy has entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume-weighted average price of ~$30 per pound. UEC also announced its entry into definitive agreements with institutional investors to purchase an aggregate of 3,636,364 common shares of the company, each at a purchase price of $3.30, for gross proceeds of approximately $12,000,000 in a registered direct offering. Subject to satisfaction of customary conditions, closing of the offering is expected to occur on or about April 8, 2021. Following the closing of the offering and delivery of contracted drummed uranium, UEC will have more than $110 million of cash, equity and inventory holdings.

To view the full press release, visit https://ibn.fm/3M8kY

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

Minnesota Senator Requests Biden Administration to Resume Copper Mining Study

April 5, 2021 13:52:30

Senator Tina Smith of Minnesota is calling for the Biden administration to resume a study that could possibly affect the proposed Twin Metals Mine. Last week, the senator sent a letter to Interior Secretary Deb Haaland and Agriculture Secretary Tom Vilsack, asking them to continue with a study on the safety of mining copper-nickel-sulfide ore in the Rainy River Watershed, which includes the site of the proposed Twin Metals Mine as well as the Boundary Waters Canoe Area Wilderness and Voyageurs National Park (BWCAW).

The study was commenced under the Obama administration but terminated under the Trump administration. It would not affect the planned PolyMet mine or iron ore mining, which are located…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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

MiningNewsWire
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MiningNewsWire is part of the InvestorBrandNetwork.

Price of Gold Drops as Feds Increase Bond Yields

April 1, 2021 14:01:49

Last week, the price of gold dropped significantly, decreasing from a more than two-week high as bullion continues to lose its appeal as well as its value, with the value of the dollar climbing steadily and the U.S. Treasury yields increasing. Meanwhile, the U.S. gold futures for April delivery remained stable at $1,728.80/ounce while spot gold declined to $1,728.96/ounce by midday EST, which is roughly a 1.1% drop.

On the other hand, zinc dropped to $2,792 per metric ton, a 1.2% decline while palladium surged by nearly 7%, the biggest increase since May 2020. Other metals, such as tin, advanced while copper…

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

About MiningNewsWire 

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

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

April 1, 2021 11:40:25

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company that acquires and explores mineral resource properties, recently mobilized a drill crew and commenced its phase 1 drill campaign at Rio Loa. With the company anticipating that the Rio Loa Project could deliver impressive results, an article about the prospects reports that this is just one of GoldHaven’s promising assets. “One of GoldHaven’s high-priority Maricunga projects, the Rio Loa Project, is located 25 kilometers south of Gold Field’s Salares Norte deposit,” the article reads. “In addition to Rio Loa, GoldHaven has six other priority assets to test and drill. This will keep the company busy during 2021. The company is intent on advancing its Apolo Project’s Roma and Alicia properties as well as its Coya assets and preparing them for drilling. These targets have been designated as high-priority owing to their extensive and pervasive alteration, favorable geology, structures and highly anomalous rock geochemistry results, as well as their relative proximity to existing deposits.”

To view the full article, visit https://ibn.fm/2S3To

About GoldHaven Resources Corp.

GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to numerous discoveries over the past twenty years and has a prolific gold, silver, copper metal endowment. The company has agreements in place to acquire seven high-priority exploration targets, which were identified by geological studies. To date, GoldHaven considers four of these seven properties “high priority” targets and will commence drilling during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the La Coipa mine where Kinross announced a mining re-start in 2020; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces of gold equivalent); the third and fourth projects are Alicia and Roma, which are approximately 35 km. south of the Salares Norte deposit. These exploration targets have been designated high-priority due to extensive, pervasive alteration, favorable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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MiningNewsWire is part of the InvestorBrandNetwork.

U..S Eyes Canada as Source of Minerals for EV Manufacturing

March 31, 2021 13:37:03

The federal government of the United States is working toward helping battery manufacturers and miners in America expand into the neighboring country, Canada. This is part of the government’s strategy to counter Chinese dominance in the market and improve the regional production of minerals that are used to make electric cars.

Last week, the U.S. Department of Commerce hosted a virtual meeting with battery manufacturers and miners to talk about different ways to improve production of electric vehicle materials over in Canada. This move comes at a time when demand for electrified transportation…

Read More >>

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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www.MiningNewsWire.com
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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

March 31, 2021 10:03:49

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, unveiled plans for a new Calgary-based facility that will have the capability to produce up to 100,000 Coil Driver products with automotive industry certifications annually. Scheduled to open late Q4 2021, the 37,000-square-foot structure will include production lines, product showrooms and office spaces and is slated to obtain automotive certified production by the end of 2022. The facility will use solar power and battery energy storage solutions with a net zero carbon emissions objective. This key announcement aligns with Exro’s strategy of focusing ion low-volume manufacturing while still utilizing manufacturing partners and licensing contracts for future high-volume manufacturing. The facility also represents a significant step in the company’s stated objective of delivering high-quality and reliable commercial products to the regulated consumer automotive markets. “The launching of our new facility in Calgary is a reflection of our dedication to execute on our deliverables,” said Exro CEO Sue Ozdemir in the press release. “This substantiates our cost-effective automotive market strategy and further establishes Exro’s position as a power electronics company.”

To view the full press release, visit https://ibn.fm/uHNO7

About Exro Technologies Inc.

Exro is a clean-technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro’s advanced motor control technology, the Coil Driver, expands the capabilities of powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized. For more information about the company, please visit www.Exro.com.

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

About MiningNewsWire

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

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Green Hydrogen Could Help to Decarbonize Mining Activities

March 30, 2021 12:54:40

The latest industry report released by Fitch Solutions shows that, in the near future, green hydrogen will have a crucial part to play in decarbonizing the metals and mining sector. Fitch, a market analyst, expects that in the mining industry, energy storage and transportation will be the main applications for the use of green hydrogen, especially with companies generating their own supplies of this fuel initially by purchasing the needed on-site components and systems.

Green hydrogen is simply hydrogen fuel that has been created using renewable sources. Currently, green hydrogen makes up a paltry 0.1% of the worldwide hydrogen market because its huge electricity…

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About MiningNewsWire 

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

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MiningNewsWire is part of the InvestorBrandNetwork.

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

March 30, 2021 10:17:48

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was featured in The Bell2Bell Podcast, a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. Uranium Energy’s CEO and President, Amir Adnani, joined the latest episode to discuss the company’s recent news and milestones, which include strengthening of its balance sheet that totals close to $95 million in cash and equity holdings, including approximately $61 million in cash. Adnani also discussed the company’s establishment of a physical uranium holding initiative. “This has really both resonated with the market and, in my opinion, is just sound business for us,” Adnani said in the interview. “We are, as a company, focused entirely on developing low-cost in-situ recovery uranium projects in the U.S., but we’re looking at a spot uranium price that, after a decade of being in a bear market, is starting to recover. We’re seeing great positive signs, but the spot uranium price – in and around $30 per pound – is still lower than the prevailing mining cost for most industry players anywhere in the world. We saw a unique opportunity to come out and acquire physical uranium that can be warehoused right here in the U.S. and will give the company a balance sheet asset that, as the uranium price goes up, can appreciate.”

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

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

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

March 29, 2021 14:25:00

Uranium Energy (NYSE American: UEC)a U.S.-based uranium mining and exploration company, recently announced the close an offering of 10 million shares, resulting in an estimated $30.5 million for the company. According to the announcement, the company plans to use the funds to support its physical uranium purchase initiative as well as for general corporate and working capital requirements. Based on the company’s announcement, H.C. Wainwright & Co. released a target price revision; the report noted a price of $2.65 and a buy rating. “While the company remains focused on developing its low-cost, in-situ recovery (‘ISR’) mining capabilities, management has identified a unique opportunity to purchase drummed uranium at spot prices well below global industry mining costs,” the report stated. “As a result, UEC is establishing a physical uranium inventory initiative based on an initial agreement with ConverDyn in Illinois to acquire 0.4Mlbs of U.S. warehoused uranium for a total cost of $10.9M. We note that ConverDyn is a general partnership between Honeywell (‘HON’; not rated) and General Atomics (private). Management anticipates that this initiative can improve its balance sheet through uranium price appreciation and support future marketing efforts with utilities to accelerate cash flows. Looking ahead, this move should also increase the availability of Texas and Wyoming production capacity for emerging U.S. specific opportunities such as the U.S. Uranium Reserve (UR).”

To view the full report, visit https://ibn.fm/fUdEt

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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

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University of Nevada Expands Geothermal Systems Exploration Operation

March 29, 2021 13:43:21

University of Nevada faculty and graduate students from the geophysics department recently reported a new exploration project focused on blind geothermal systems using UAV magnetics. The university stated that geophysicists could now carry out bigger regional surveys for mineralogical or geothermal interests by enhancing the ease of deployment and margins of safety.

Geothermal power is a green energy source that has the potential to provide baseload power continually and is being produced in various regions across the globe. The state of Nevada has many geothermal fluids that rise to the surface and can be used to produce power. However, most of these geothermal…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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

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

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

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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Lithium Prices Still on Rise in 2021

March 26, 2021 11:23:16

Benchmark Mineral Intelligence recently released an assessment that showed how the price of lithium had risen significantly in China, driven by the heavy demand for lithium iron phosphate (“LFP”) batteries.

Benchmark, which is a battery supply chain research and price reporting agency, found that the mid-March midpoint price for battery-grade lithium carbonate had increased by 88% since the start of 2021 to more than $12,600/ton. This is the highest…

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

About MiningNewsWire 

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

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

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

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

MiningNewsWire
Los Angeles, California
www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

March 26, 2021 11:21:05

Uranium Energy (NYSE American: UEC)a U.S.-based uranium mining and exploration company, has reported that Scott Melbye, UEC’s vice president and current president of the Uranium Producers of America, testified during a recent hearing for the U.S. Senate Committee on Energy & Natural Resources. The hearing was on March 25, 2021. During the hearing, Melbye noted his 36 years of experience in every facet of the international nuclear fuel cycle, from production and global marketing of uranium to its use as clean-energy fuel. He observed that nuclear is currently providing electricity to one in five American homes and provides more than half of the country’s carbon-free power. Melbye urged committee members to re-establish the global nuclear leadership of the United States and its robust nuclear fuel cycle, which has been eroded by Russia, China and state-owned uranium entities in recent years. He outlined key reasons why America is close to losing its uranium fuel industrial base and observed that the United States has more than one billion pounds of uranium in known and likely deposits throughout the country. “Congress recently appropriated $75 million for the uranium reserve on a bipartisan basis and with the support of nuclear utilities,” said UEC vice president Scott Melbye during the hearing. “It is crucial the Department move quickly to begin purchasing uranium this year. This will preserve the industrial base, guard against global supply disruptions, and create a source of U.S.-origin uranium for defense needs. We urge Congress to grant the full funding recommended over the next ten years by the interagency Nuclear Fuel Working Group led by the Department of Energy. 150 million dollars a year is a modest investment considering it will preserve the nuclear fuel cycle in the U.S. instead of ceding it to Russia, China, and their allies.”

To view the full testimony, visit https://ibn.fm/uyvdz

To view the full press release, visit https://ibn.fm/kp22d

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Vision Blue Resources Launches $300M SPAC Focused on Becoming Battery Metals Giant

March 25, 2021 14:11:06

Mick Davis, who is the former CEO of Xstrata, recently founded Vision Blue Resources, a battery metals investment firm whose objective is to become a battery metals giant. The company recently launched a $300 million SPAC (special-purpose acquisition company).

Last week, ESM Acquisition Corp, co-sponsored by the Energy and Minerals Group, a private equity mining investor and VBR, made its debut on the U.S. market. The company seeks to invest in mining projects that are engaged in the production of minerals required by electric vehicles and other green energy…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

March 25, 2021 11:51:47

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, has acquired seven advanced gold projects located in the prolific Maricunga Gold Belt in Northern Chile. Four of these are categorized as high-priority sites, positioning the company favorably as gold prices reached historic highs in 2020, topping $2,000 per ounce, and continue to trend upward. Wallet Investors projects that gold will rise over the next five years, surpassing $3,100 per ounce by 2026 (https://ibn.fm/2NJHh). “GoldHaven has strong profit potential with four high-priority targets,” reads a recent article discussing the company’s prospects. “Its Rio Loa Project has entered phase 1 of the drill program while the Coya, Alicia and Roma projects have been mobilized to begin trenching. These sites have been identified as high priority due to the extensive pervasive alteration, favorable geology, highly anomalous rock geochemistry results, and relative proximity to existing deposits.”

To view the full article, visit https://ibn.fm/Qfyl1

About GoldHaven Resources Corp.

GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to numerous discoveries over the past twenty years and has a prolific gold, silver, copper metal endowment. The company has agreements in place to acquire seven high priority exploration targets, which were identified by geological studies. To date, GoldHaven considers four of these seven properties “high priority” targets and will commence drilling during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the La Coipa mine where Kinross announced a mining re-start in 2020; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces of gold equivalent); the third and fourth projects are Alicia and Roma, which are approximately 35 km. south of the Salares Norte deposit. These exploration targets have been designated high priority due to extensive, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.

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

About MiningNewsWire

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

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

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

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

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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Poll Finds M&A Activity in the Mining Sector Will Grow Due to Covid-19 Effects

March 24, 2021 11:45:41

The mining industry may soon experience an increase in merger and acquisition activity, especially with overhauling of balance sheets and strong commodity prices, according to a recent poll.

Verdict carried out a poll that analyzed how the coronavirus pandemic, which impacted different sectors and many economies around the world, will affect M&A activity within the natural resource sector. An analysis of the results from the poll show that the coronavirus pandemic…

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

About MiningNewsWire

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Northern Oil and Gas Inc. (NYSE American: NOG) Secures $140.2M in Underwritten Public Offering

March 24, 2021 08:52:28

Northern Oil and Gas (NYSE American: NOG) has closed an underwritten public offering of 14,375,000 shares of its common stock, including 1,875,000 additional shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, Northern Oil and Gas secured approximately $140.2 million in gross proceeds, with each of the shares sold at the public offering price of $9.75. The company intends to use the proceeds to partially fund the cash purchase price of its recently announced pending acquisition of certain non-operated natural gas assets in the Appalachian Basin from Reliance Marcellus LLC (the “Reliance Acquisition”). However, if the Reliance Acquisition is not consummated, Northern Oil and Gas intends to use the proceeds to repay or redeem outstanding indebtedness and for general corporate purposes. ROTH Capital Partners acted as co-manager for the offering.

To view the full press release, visit https://ibn.fm/1C87a

About Northern Oil and Gas Inc.

Northern Oil and Gas is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil and gas properties, with a core area of focus in the premier basins within the United States. For more information about the company, visit www.NorthernOil.com.

About MiningNewsWire

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

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Report Suggests That Europe Trailing Behind in Battery Metal Production

March 23, 2021 14:09:26

Last week, Aperio Intelligence released a report on battery metal production that predicts a significant growth in the demand for raw materials for the e-mobility sector in Europe by 2025. The report reveals that local producers may not be able to meet this increase in demand.

According to the report, in 2019, Europe produced roughly 750,000 electric vehicles (“EVs”). This total is set to increase to by more than 4 million electric vehicles by 2025. This corresponds to a growth from 4% of market…

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

About MiningNewsWire 

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

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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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MiningNewsWire is part of the InvestorBrandNetwork.

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

March 22, 2021 11:18:55
Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, today reported its financial results for the year-ended December 31, 2020. The company also announced that it will host a video webcast at 4:00 p.m. ET (2:00 p.m. MT) on Tuesday, March 23, 2021, to discuss its 2020 financial results and other corporate initiatives. Interested parties should visit https://ibn.fm/qE1UK to register for and join the webcast and to access the presentation and viewer-controlled webcast slides. “2020 was a transformative year for Energy Fuels, as we worked on developing a rare earth business complementary to our core uranium business,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “As a result, we believe we have clearly emerged as the key U.S. hub for the raw materials that make many clean energy and advanced technologies possible, including uranium, rare earths and vanadium, all of which are considered ‘critical minerals’ by the U.S. government.” To view the full press release, visit https://ibn.fm/McDOr About Energy Fuels Inc. Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: The White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

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

March 22, 2021 10:00:22

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, has closed its previously announced offering of an aggregate of 10,000,000 shares of common stock of the company. Per an update released today, Uranium Energy secured gross proceeds of $30,500,000 in the registered direct offering, with each of the shares sold at a purchase price of $3.05. The company offered and sold the shares per a securities purchase agreement, dated March 17, 2021, with certain institutional investors. UEC intends to use the net proceeds for additional uranium purchases and for general corporate and working capital purposes. The company has approximately $95 million in cash and equity holdings, which includes $61M in cash, following the closing of this offering. In addition, UEC’s physical uranium initiative is fully funded with cash on hand and now includes 1.4 million pounds of U.S. warehoused uranium with 1,000,000 pounds delivered by May 2021 and another 400,000 pounds delivered by March 2022. H.C. Wainwright & Co., Haywood Securities Inc. and TD Securities USA LLC acted as lead placement agents for the offering. ROTH Capital Partners acted as co-placement agent for the offering.

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

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

US Companies Eye Copper Resources in Colombia

March 22, 2021 09:32:58

Colombia is working on decreasing its dependence on coal and oil by developing copper deposits in advance of a predicted increase in the demand for metals that are used in rechargeable batteries. The country’s authorities plan to grant five copper exploration blocks before the end of June in the La Guajira and Cordoba provinces, where the majority of the country’s coal is mined.

Diego Mesa, the country’s mines and energy minister, stated that in addition to companies that are already operating locally in the country, Canadian and United States juniors are interested in copper extraction in the country. Offered incentives include…

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

About MiningNewsWire

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

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

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

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

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

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

March 19, 2021 13:59:57

Energy Fuels (NYSE American: UUUU) (TSX: EFR) expects to commence commercial production of rare earth elements (“REE”) in 2021 and is focused on supplying up to 50% of U.S. rare earth demand contained in a mixed REE concentrate over the next few years. The company set out to penetrate the REE market in April 2020 “to complement its core uranium product lines,” reads an article about UUUU’s growth. “Since the announcement of the expansion into REEs, the company has made significant strides, quickly becoming an emerging player in the space.” This growth is thanks to existing momentum. “After the initial hit to prices in the first half of 2020 as lockdowns and containment measures in China impacted the global supply chains, the REE space rebounded strongly in the second half of the year… REEs, used in many tech devices and clean energy technologies utilized in smartphones, wind turbines and electric vehicles, will be critical for the sector over the next decade. Although REE’s supply and demand dynamics are still uncertain due to the pandemic, most analysts are optimistic for 2021 and beyond.”

To view the full article, visit https://ibn.fm/LU8ND

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element (“REE”) carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: The White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant and is completing final test-work for the production of REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” For more information, visit the company’s website at www.EnergyFuels.com.

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

About MiningNewsWire

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

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

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

Sprott Mining Sells Gold Mine in Nevada to First Majestic Silver Corp. (TSX: FR) (NYSE: AG) (Frankfurt: FMV)

March 19, 2021 12:17:16

First Majestic Silver Corp. (TSX: FR) (NYSE: AG) (Frankfurt: FMV), a Canadian silver-mining company, is purchasing the Jerritt Canton gold mine located in Nevada’s Elko County from Sprott Mining. First Majestic Silver is buying the mine for 5 million share purchase warrants and $470 million in shares. As part of the sale agreement, Eric Sprott, the president of Sprott Mining, will conclude a $30 million private place investment in First Majestic Silver.

First Majestic revealed that it had identified opportunities to help increase…

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NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire 

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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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MiningNewsWire is part of the InvestorBrandNetwork.

GoldHaven Resources Group (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Starts Drilling Campaign at Promising Rio Loa Project

March 18, 2021 12:55:24
  • Drilling at GOH’s Rio Loa Project begins; major milestone in development to unlock potential of area
  • Based on proximity to nearby top-producing projects, GoldHaven anticipates Rio Loa could deliver impressive drill results
  • GoldHaven’s high-priority projects, unique land position are starting to yield attractive targets

GoldHaven Resources Group (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canadian junior exploration company active in the Maricunga Gold Belt of Northern Chile, has mobilized a drill crew and commenced drilling its 5,000 meter Phase 1 drill campaign at Rio Loa (https://ibn.fm/n18yj).

“This is a major milestone in our development to unlock the potential of our 251-square-kilometer Maricunga district play,” said Goldhaven CEO Daniel Schieber…

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

About MiningNewsWire 

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

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

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

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

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MiningNewsWire is part of the InvestorBrandNetwork.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) May Be “Best Untold Clean-Energy, Sustainability Story,” Says CEO

March 18, 2021 12:38:56
  • UUUU committed to industry-leading recycling programs; dedicated to sustainability
  • Company helping address some of world’s most daunting health, environmental issues: air pollution and climate change
  • Energy Fuels’ sustainability report tells story of company’s commitment to human rights and corporate and social responsibility

As one of the nation’s largest producers of uranium and critical minerals, Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) places a high priority on environmental responsibility and sustainability. The company’s recently published Sustainability Report outlines its commitment to a number of initiatives, including producing many of the raw materials that make clean energy and advanced technologies possible and executing industry-leading uranium and vanadium recycling programs (https://ibn.fm/8d3TQ). The report also notes UUUU’s dedication to sustainability through corporate, environmental and social responsibility.

“Energy Fuels is proud of our record of environmental stewardship,” said Energy Fuels president and CEO Mark S. Chalmers…

Read More>>

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

About MiningNewsWire 

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

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

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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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[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Australian Indigenous Group Introduces Scorecard to Rate ESG Performance of Mining Companies

March 18, 2021 12:30:54

The Wintawari Guruma Aboriginal Corp. (“WGAC”) recently publicized its plans to issue a scorecard that rates miners in Western Australia on how well they observe the ESG (environmental, social and governance) standards. The scorecard focuses on the following elements: ESG reporting, relationships with native title holders, caring for the environment, regulatory compliance and heritage surveys.

The company speaks for the Eastern Guruma area, which is located in the Pilbara region and is rich in iron ore. The company hopes that its idea will highlight the importance of ESG standards for both the public as well as investors. This development comes after the destruction…

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About MiningNewsWire 

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

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

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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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Uranium Energy Corp. (NYSE American: UEC) Chairman and Former U.S. Energy Secretary: A Renaissance Coming for Nuclear Energy Under New Administration

March 17, 2021 13:51:54
  • Currently, nuclear power is the nation’s 2nd largest source of electricity production, providing 20% of the nations’ total generation
  • As a result of its carbon-free, emission free attributes, nuclear power is likely to grow with the new Administration’s clean energy initiatives, including those supporting a transition to more EV’s
  • Nuclear energy is America’s largest source of carbon-free energy and its largest source of baseload power that isn’t a fossil fuel source
  • UEC has a near-term production profile of 4 million pounds U3O8 per year via its low cost, environmentally friendly In-Situ Recovery (“ISR”) projects in Texas and Wyoming

With every changing presidential administration, investors glean as much information as possible from previous policies and campaign promises in order to be best positioned for industries that should prosper under new leadership. In the case of nuclear energy, not much has changed with the transition to a new Presidential administration. This topic and others were recently discussed in a virtual fireside chat between BMO Capital Markets Mining Analyst Alexander Pearce and Spencer Abraham, Chairman of Uranium Energy (NYSE American: UEC) and former United States Secretary of Energy (https://ibn.fm/OdN7N).

“They get to the same place, maybe with different pathways,” said Secretary Abraham. He expounded that contrary to the previous “all of the above” approach to U.S. energy independence, the current administration has a preference for alternative energy sources, stepping away from fossil fuel sources. The baseload power demand at the global level means that…

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

About MiningNewsWire 

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

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

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NASA Looking into How Metals, Water Can Be Mined on Moon

March 17, 2021 13:43:42

As space exploration starts to concentrate on landing on the surface of other celestial bodies, in-situ resource utilization (“ISRU”) is becoming a prevalent topic. ISRU is focused on designing items that are required to support an exploration mission. These items are made using easily accessible materials that can be found at exploration sites.

NASA’s Institute for Advanced Concepts program (“NIAC”) recently began looking into various ISRU projects that will be included in its Phase I Fellows program. One of the projects that was chosen, which was led by University of Texas’ Dr. Amelia Grieg, developed…

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

About MiningNewsWire 

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

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

March 17, 2021 13:37:21

Uranium Energy (NYSE American: UEC)a U.S.-based uranium mining and exploration company, has secured 800,000 pounds of additional U.S.-warehoused uranium; the shipment is comprised of a delivery in April consisting of 500,000 pounds and a second delivery scheduled for December consisting of 300,000 pounds; this uranium purchase follows a previously announced acquisition of 400,000 pounds. In total, UEC now has contracts to purchase 1,200,000 pounds of U3O8 at a volume-weighted average price of $28.94 per pound. In addition, the company has entered into definitive agreements with institutional investors to purchase 10,000,000 UEC common shares at $3.05 per share. The registered direct offering, which is planned for completion on or before March 19, 2021, should result in estimated gross proceeds of more than $30 million for the company. UEC is also featured in a recent Cannaccord Genuity report (https://ibn.fm/gZtve). In the report, UEC maintained its rating and saw an increased target price of $3.50 per share, up from $2.15. The new report was released following UEC’s second-quarter financial results and its announcement that it intends to purchase physical uranium inventory. The report noted that the rationale for the physical uranium inventory purchase included the company’s intent to take advantage of current low-spot uranium prices, a decision the report called “well timed.” The move also provides UEC with inventory to support future marketing efforts and frees up UEC’s domestic mine production for the U.S. Uranium Reserve and U.S.-specific opportunities. The report also noted UEC’s strengthened balance sheet in its decision to increase the company’s target price. “We are successfully executing and expanding upon our physical uranium strategy,” said Uranium Energy president and CEO Amir Adnani in the press release. “This initiative will support three objectives: 1) strengthens our balance sheet as uranium prices appreciate; 2) provides strategic inventory to support future marketing efforts with utilities that could complement production and accelerate cashflows; and 3) increases the availability of our Texas and Wyoming production capacity to pursue specific opportunities for uranium of U.S. origin, which may command premium pricing due to the scarcity of domestic uranium production.  Following the closing of this offering and delivery of contracted drummed uranium, UEC will have approximately $95 million of cash, equity and inventory holdings, including approximately $35 million of U.S. warehoused uranium.”

To view the full press release, visit https://ibn.fm/FFGn4

About Uranium Energy Corp.

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

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

About MiningNewsWire

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

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

March 17, 2021 11:35:21

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has released its financial numbers for the three- and twelve-month periods ended Dec. 31, 2020. Fourth-quarter financial and operational highlights of the report include a 41% increase in revenues from Q4 2019 ($9 million this quarter compared to $6.4 million in 2019); a gross profit increase of 37%, from a loss in Q4 2019 to $1.6 million in Q4 2020; an increase in silver production from 259,282 ounces in Q4 2019 to 355,581 in Q4 2020, resulting in the company’s strongest quarter of silver production since 2014. Fiscal year 2020 highlights included revenues of $26.2 million and significant improvements in productivity and cost profile, as well as the acquisition of Otis Gold Corp., uplisting to the NYSE American exchange and the completion of successful drill permitting, land access and ramp-up of the drilling program at the Silver City Project in Saxony, Germany. “Our greatest success in 2020 was ensuring the health of our people during the COVID-19 pandemic,” said Excellon Resources president and CEO Brendan Cahill in the press release. “Our team in Mexico did an exceptional job in trying circumstances, while balancing the continued operation of our business. Coming out of the suspension in Q2 2020, we turned the operation around, improving productivity and reducing costs — though concentrate treatment charges remained high and a strain on cash flow.  But 2020 set the stage for what we believe will be a new year full of resource growth and discovery, as we advance and commence drilling programs on almost all of our projects.”

To view the full press release, visit https://ibn.fm/oOO8C

About Excellon Resources Inc.

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

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

About MiningNewsWire

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

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GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Sees Unique Advantage as Junior Mining Company

March 17, 2021 09:57:12
  • Gold reached historic highs in 2020, is predicted to surpass $3,100 per ounce by 2026
  • Mining companies are worth value of their reserves; GOH has seven promising projects in play
  • GOH is committed to spending responsibly, incentivizing management for success

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is a junior gold mining company based in Canada that acquires and explores mineral resource properties. The company has acquired seven advanced gold projects in the Maricunga Gold Belt in Northern Chile, with four of those categorized as high-priority sites. GoldHaven seeks to identify and capitalize on valuable precious metal projects in mineral-rich districts with stable political jurisdictions while offering shareholders continued value.

Throughout the COVID-19 pandemic, gold has shown itself to be a money-making proposition in a highly volatile and uncertain market. In 2020 gold reached historic highs, topping $2,000 per ounce. Wallet Investors predicts gold to rise over the next five years, surpassing…

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

About MiningNewsWire 

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

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

March 16, 2021 10:21:59

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced, in accordance with NYSE American requirements, the filing of its quarterly report on Form 10-Q for the six months ended January 31, 2021 with the U.S. Securities and Exchange Commission (the “SEC”). The Form 10-Q filing, which includes UEC’s condensed consolidated financial statements, related notes and management’s discussion and analysis, is available for viewing on the SEC’s website or the company’s website. “With $65.8 million in cash and equity holdings, UEC has the balance sheet strength to lead U.S. uranium production higher at the most critical time for the domestic industry since the inception of the civilian nuclear power program began in the 1950s. Nuclear power is the second largest source of electricity generation in the U.S. and its largest source of carbon-emission free electricity. America is also the largest consumer of uranium in the world, yet there is no uranium currently mined domestically,” said UEC’s CEO and President Amir Adnani. “As a leading pure-play American uranium company, UEC is investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis. Despite our focus on low cost in-situ recovery mining with its low capital requirements, we see a unique opportunity to purchase drummed uranium at prevailing spot prices which are below most global industry mining costs.”

To view the full press release, visit https://ibn.fm/CZqP6

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully-licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona , Colorado , New Mexico and Paraguay . In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

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

About MiningNewsWire

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

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (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

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

March 15, 2021 14:32:15

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, looks poised to achieve success given its recent appointment of Chris Ford to the company’s advisory board. “Ford will be a significant contributor to the company’s Chilean operations,” reads an article discussing the appointment and GOH’s prospects. “The latest move is in line with GOH’s strategic ambition to attract robust talent pool as the company believes that essential to its success is the right people along with the right product and right timing enhanced by strong commitment. The latest addition to its supervisory board shows that GOH is poised for growth… (and) confirms the company’s strategic commitment to secure world-class exploration talent, one of the junior mining industry’s key success factors, as it prepared to start exploration campaigns.” Ford, a world-class exploration talent, “has extensive experience with gold mining projects in Chile as he previously led the Gold Fields team that discovered the Salares Norte epithermal silver and gold deposits located north of GoldHaven’s Rio Loa project. He will join a team of seasoned mining professionals.”

To view the full article, visit https://ibn.fm/bRS5g

About GoldHaven Resources Corp.

GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga Belt measures 150 km north-south and 30 km east-west and is host to numerous discoveries over the past twenty years and has a prolific gold, silver, copper metal endowment. The company has agreements in place to acquire seven high priority exploration targets, which were identified by geological studies. To date, GoldHaven considers four of these seven properties “high priority” targets and will commence drilling during the first quarter of 2021. The four priority targets include Coya, located approximately 16 km northeast of the La Coipa mine where Kinross announced a mining re-start in 2020; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 million ounces of gold equivalent); the third and fourth projects are Alicia and Roma, which are approximately 35 km. south of the Salares Norte deposit. These exploration targets have been designated high priority due to extensive, pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.

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

About MiningNewsWire

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

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

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

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www.MiningNewsWire.com
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