TuesdayMay 09, 2023 1:58 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Q1 2023 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) yesterday reported its first quarter (Q1) results for the period ended March 31, 2023. “This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million (for 100%) from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining shareholders are benefitting from this value accretion, which validates the strategy we set out in July 2021 to surface value from Los Azules by funding it independently,”…

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MondayMay 08, 2023 12:51 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Issues Exploration Update for Stock Property

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported assay results from three zones at the Stock Property, part of the Fox Complex near Timmins. According to the update, results from eight near-surface holes close to high-grade intersections in hole SM22-110 that included 264.5 g/t gold (Au) over 2.7 meters (m) returned attractive grades up to 18.9 g/t Au over 9.4 m. Drill holes were also completed in the lower portion of the Stock Mine Extension Trend, where recent deeper drilling was designed to expand lenses of mineralization in proximity to the Stock Mine. The lenses could represent early mining…

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MondayMay 08, 2023 11:50 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q1 2023 Financial, Corporate Report, Announces Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is reporting on its financial results for the quarter ended March 31, 2023; the company also announced that it will host an earning conference call and webcast on May 9, 2023. According to the report, Energy Fuels sold 300,000 pounds of uranium resulting in a gross margin of 58% and 79,344 pounds of vanadium totaling a 37% gross margin of 37%; the company also sold its Alta Mesa property for a total gain of $116.45 million. The report showed that UUUU’s working capital grew with total assets increasing and total liabilities decreasing. Other highlights…

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FridayMay 05, 2023 11:02 am

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Assay Results for Los Azules Exploration Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the most recent assay results from its Los Azules project; the announcement noted that an ongoing infill drilling program to delineate copper mineralization in the core of the deposit continues at the project. Highlights of the report show hole AZ22182A intercepted an enriched zone of 231 m of 0.97% Cu and a primary zone with mineralization that remains "open" at depth, while hole AZ23196 exhibited an overall intercept of 550 m of 0.50% Cu, including 216 mof 0.72% Cu within the Enriched zone portion. In addition, the company…

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WednesdayMay 03, 2023 2:36 pm

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Results Conference Call for Q1 2023

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has scheduled a conference call to discuss its planned release of its first quarter 2023 financial results; the call is slated for May 9, 2023, at 11 a.m. ET. During the call, key management representatives will discuss the reported financial results as well as planned project developments; the session will include a Q&A session as well. Individuals who are interesting in calling in on the call can dial 1-888-330-2398 in the U.S. and Canada or 1-240-789-2709 for international, then use conference…

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TuesdayMay 02, 2023 12:07 pm

MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Featured in Bell2Bell Podcast

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) (“BMR”), a battery minerals company providing shareholders exposure to the global megatrend of electrification, was featured in the latest episode of the Bell2Bell Podcast as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Martin Kostuik, CEO and director of Battery Mineral Resources, joined the program to discuss the company’s business model, operating markets, professional team and project portfolio. “The company’s genesis was to acquire cobalt assets in northern Ontario. We acquired quite a number of claims, and we’re now the largest claimholder of cobalt assets in Canada…

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FridayApr 28, 2023 11:22 am

MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Files NI 43-101 for Its Punitaqui Copper Mine, Highlights 2022 Accomplishments

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) (“BMR”) in October announced it had filed a technical report for its NI 43-101 resource estimate at Punitaqui on SEDAR. The report was authored by JDS Mining and Energy Inc. (“JDS”). “We are extremely pleased to have completed the very comprehensive Punitaqui Technical Report. This report encompasses four different deposits, including Cinabrio, which is the deposit that was the main source of ore for the Punitaqui copper concentrator for the nine plus years of operating history. We are very encouraged with the results of our drilling program but also encouraged by the opportunity…

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ThursdayApr 27, 2023 12:24 pm

MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Secures Approval of Environmental Permit for Mining at Punitaqui Complex

In September 2022, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) (“BMR”) announced it had received public approval from the Chilean Environment Assessment Service (“SEA”) for the Environmental Impact Declaration (“DIA”) pertaining to mining at its Cinabrio and San Andres deposits. Approval of the DIA allowed the company to be on schedule to move forward with commencing mining operations in Q4 2022 and copper mineral processing activities at its Punitaqui complex in early 2023. “We are extremely pleased to have the DIA for Cinabrio and San Andres approved,” BMR CEO and Director Martin Kostuik stated in the press release. “The application…

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WednesdayApr 26, 2023 1:05 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Bell2Bell Podcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company working to advance the next generation of high quality nickel-cobalt projects to feed the high growth electric vehicle and stainless steel markets, was featured in the latest episode of the Bell2Bell Podcast as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Selby, the company’s chairman, CEO and director, joined the program to discuss Canada Nickel’s leadership team, business model and operating markets. “Canada Nickel Company was founded just over three years ago. In that very short timeframe, we’ve taken a project from drillhole to one…

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TuesdayApr 25, 2023 2:23 pm

MiningNewsBreaks – Slave Lake Zinc Corp. (CSE: SLZ) Positioned to Become Key Supplier for Canada’s Green Future

Slave Lake Zinc (CSE: SLZ) is poised to become a significant participant in Canada’s green economy with its strategic metal’s exploration operations. The company recently expanded its potential to include lithium, which is a critical component for electric car batteries, alongside its existing zinc and lead exploration developments. The company has a unique project with an established zinc/lead target and unparalleled lithium potential in the same suite of host rocks. With the Canadian government’s recent deal with Volkswagen of Germany to support the construction of the largest battery manufacturing facility in Canada, coupled with Chile’s nationalization of all lithium production…

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