News Archives - Page 50 of 83

TuesdayJun 06, 2023 12:50 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Awarded $4M OT Agreement from US-DoD

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced that through its wholly owned subsidiary, Innovation Metals Corp. (“IMC”), the company has been awarded a firm-fixed-price $4 million other transaction agreement* (“OT agreement” or “award”) by the U.S. Army Contracting Command-Orlando (“ACC-ORL” or “US-DoD”). The OT agreement is to conduct a Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project at the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. Ucore will utilize its 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE concentrate feedstocks. “We believe that Ucore has one of the West’s…

MondayJun 05, 2023 10:52 am

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Reports on Results from Annual General Meeting

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) held its annual general meeting on June 1, 2023, and is now reporting on the voting of resolutions that was held during the meeting. According to the announcement, all resolutions presented to shareholders at the meeting were voted on, including the resolutions electing each of the company’s four nominees as directors, the resolutions approving the company’s equity incentive plan and ratifying issued awards, and the resolution appointing Smythe LLP, chartered professional accountants, to serve as company auditor. All resolutions were unanimously approved with a total of 4,831,301 (11.4%) of Reflex’s common…

ThursdayJun 01, 2023 11:04 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Reports Texmont Project Assay Results from Final Holes

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, is sharing assay results from the final 11 drill holes at its Texmont Project. The company notes that the results confirm continued high-grade, near-surface mineralization. According to the announcement, the results are the final assays from the 39-drill-hole program conducted during the winter of 2022–2023. Highlights of the report include include information that seven of eleven holes intersected nickel grades >1% with all 11 holes intersecting nickel grades >0.5%. The company is working to produce a mineral resource estimate on the project and…

TuesdayMay 30, 2023 1:14 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO Featured in Latest Bell2Bell Podcast

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO and director Paul Gorman is spotlighted in the most recent episode of the Bell2Bell Podcast, which delivers insightful updates and exclusive interviews with executives operating in fast-moving industries; the podcast is sponsored by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. Reflex is a mineral exploration company based in British Columbia. During the interview, Gorman and host Stuart Smith discussed the company’s business model and operating markets. “Reflex was really designed by a capital markets group taking a look at what was happening in…

WednesdayMay 24, 2023 2:28 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Updates Regarding Assay Results, Projects

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is reporting on assay results from its Ontario-based Sothman Property and status on its other projects. Highlights of the assay results indicate that long, shallow mineralized intervals have been reported at both Sothman and Midlothian, with Sothman returning 319 meters of 0.29% nickel starting at 15 meters in East Zone and Midlothian returning 343 meters of 0.28% nickel starting at 2 meters. In addition, high-grade mineralization has been confirmed at Sothman within larger mineralized intervals. “Our regional exploration program successfully continues to deliver positive results, as we add Mann Northwest to the string of…

WednesdayMay 24, 2023 2:11 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO to Present at Upcoming Conference

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company based in British Columbia, will be participating in the Benchmark Mineral Intelligence Gigafactory Conference. The two-day event will be held June 8–9, 2023, Washington, D.C. The company announced that CEO Paul Gorman will be a panel member during a session focused on the graphic supply chain. Recognized as a premier event for industry professionals, government leaders, investors and key stakeholders in the electric vehicle (EV) and energy storage sectors, the Benchmark Mineral Intelligence Gigafactory Conference is hosted by Benchmark Mineral Intelligence, the world's leading provider of independent…

WednesdayMay 24, 2023 1:58 pm

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Payment of Senior Secured Debt, 39% Debt Reduction

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has taken a significant step in reducing its debt. The company has repaid $25 million of its senior secured debt; the payment was made to Sprott Resource Lending, resulting in Sprott no longer being a lender to the comp in senior secured debt along with a $15 million unsecured promissory note for a total debt of $65 million. Following the repayment to Sprott, the company noted that its senior secured debt had been amended and restated to total $40 million, with a monthly interest at 9.75%…

TuesdayMay 16, 2023 1:34 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) Enters Strategic Partnership with LSTM

Reflex (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) today announced a partnership with Lone Star Tech Minerals (“LSTM”), a Texas-based graphite and industrial minerals marketing consulting firm, which will assist Reflex with competitive analysis, market research and marketing strategies. Under the partnership, LSTM will provide Reflex with a strategic production and marketing plan. “We are excited to partner with Lone Star Tech Minerals and leverage their marketing and technical experience,” said Paul Gorman, CEO of Reflex Advanced Materials Corp. “Lone Star’s extensive knowledge of the CSPG industry will be invaluable as we aim to deliver high-quality, custom graphite products to a…

FridayMay 12, 2023 2:43 pm

Nuclear Physicists Discover New Uranium Isotope

Nuclear physicists associated with different institutions in Japan and their colleague from South Korea have found a new uranium isotope. In the past few decades, nuclear physicists have discovered that finding the properties of isotopes rich in neutrons is challenging, because of the problems caused by their creation. This has prompted some studies to focus on finding new ways to synthesize the isotopes under laboratory conditions. For this recent study, the team of researchers used a new approach that involved using an isotope separation system to fire a sample nuclei of uranium-238 at a sample nuclei of platinum-198. These interactions…

WednesdayMay 10, 2023 1:47 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Corporate Update, Extends Term of Outstanding Convertible Debentures

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a corporate update and announced that it intends to extend the term of certain outstanding convertible debentures, which currently have a maturity date of May 31, 2023. According to the update, the debentures were originally issued in May of 2020, with a three-year term. On May 21 and 29, 2020, Ucore issued 1,280 and 1,520 convertible debentures respectively, with a face value of $1,000 each for total gross proceeds of $2.8 million. These unsecured debentures bear interest at a rate of 7.5% payable semi-annually and mature on May 31, 2023. Per…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000

Breaks Categories: News