TuesdayJan 05, 2021 12:37 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Finalizes Chemours Monazite Supply Agreement, Marks Beginning of ‘Real Success Story’

UUUU to receive minimum of 2,500 tons of natural monazite ore, one of highest-grade REE minerals in world Company to produce raw materials needed for clean energy, advanced technologies while also creating green jobs in economically underserved area Energy Fuels will be first U.S. company in years to produce marketable mixed REE concentrate on commercial scale Energy Fuels (NYSE American: UUUU) (TSX: EFR), a diversified uranium miner, has finalized a three-year agreement with the Chemours Company (NYSE: CC) to obtain natural monazite ore, one of the highest-grade rare earth element (“REE”) minerals in the world (https://ibn.fm/Rp4YN). The agreement calls for Energy…

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TuesdayJan 05, 2021 10:00 am

Turkey Finds Deposits of Gold Worth $6 Billion

According to Turkey news agency Anadolu, the country, which is located in Western Asia, has discovered an enormous gold deposit that holds roughly 99 tons of the valuable metal, which is roughly 3.5 million ounces. The gold deposit is valued at about $6 billion, totaling an estimated Rs 44,000 crore. The gold deposit was found by Gübretaş, a fertilizer manufacturing firm, and reported by Turkey’s head of the agricultural credit cooperatives Fahrettin Poyraz. The deposit is located in Sögüt, a district and town located in Turkey’s Bilecik Province. After news of the gold discovery became public, Gübretaş shares rose on…

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MondayJan 04, 2021 2:21 pm

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Poised to Thrive as Investors Turn to Gold; Juniors May Offer Bigger Benefits

Gold hit all-time high as investors flock to protect wealth on the fear of inflation, economic turmoil, currency fluctuations To leverage strong momentum of gold, investors may benefit from junior mining stocks GoldHaven appears to be well positioned to capitalize on rising attractiveness of gold market Historically, gold played the role of a safe haven asset during economic decline or increased volatility due to heightened uncertainty. The pandemic has been no different as the precious metal hit its all-time high in early August, surpassing $2,075 per ounce. With the expectation that the price of the precious metal will stay strong…

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MondayJan 04, 2021 11:00 am

Researchers Suggest New Way of Classifying Minerals

University of Colorado Boulder and Carnegie Institution for Science researchers are suggesting that a new system of classifying minerals be implemented. The evolutionary system will not only be inclusive of historical data but also display changes in distribution and diversity of minerals for more than 4 billion years of the history of earth. The main inspiration behind the proposal by the researchers is diamonds. This is because, even though most diamonds differ both in genesis and composition, they are all classified as diamonds. This categorization is done by the International Mineralogical Association Commission on New Minerals, Nomenclature and Classification. This…

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