News Archives - Page 78 of 83

ThursdaySep 10, 2020 12:28 pm

MiningNewsBreaks – Manganese X Energy Corp. (TSX.V: MN) (FSE: 9SC2) (OTC: MNXXF) Produces High-Grade EV Battery Material with Development Partner

Manganese X Energy (TSXV: MN) (FSE: 9SC2) (OTC: MNXXF) announced that, working in conjunction with Kemetco Research Inc., the company has improved flowsheet optimization to produce high-grade battery material for the EV and stored-energy space. Manganese X Energy noted that it had received metallurgical results from Kemetco in the development process that demonstrate greater efficiency and improved economics leading to commercialization. The announcement noted that this “transformational achievement” demonstrates key resource material can be compliant with electric vehicles and other requirements. The two companies are working to produce ultra-high-purity, battery-grade manganese products for the growing electric-vehicle and energy storage sectors,…

WednesdaySep 09, 2020 11:42 am

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) Begins Trading on OTCQB Exchange

GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF) president and CEO David Smith has announced that GoldHaven has received an upgrade to trade on the OTCQB(R) exchange. Based in New York City, OTCQB is a United States stock market operated by OTC Markets Group. Formerly known as the Altum Resources Corp., GoldHaven will trade its shares on OTCQB under the ticker symbol ATUMF. "We are very pleased to begin trading on OTCQB and continue our outreach into the U.S," Smith stated in the press release. “Further, it will provide liquidity in the trading of its shares and create an opportunity for American…

WednesdaySep 09, 2020 10:48 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Announces First Large-Volume Shipment from DLE Demonstration Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced that it has shipped its first large volume of lithium chloride product from the company’s Direct Lithium Extraction (“DLE”) Demonstration Plant for final conversion to lithium carbonate. “Standard Lithium keeps on delivering and de-risking our pre-commercial plants. We’ve been successfully operating our first-of-its-kind industrial scale DLE plant in Arkansas, and we’ve been continuously making lithium chloride product for months,” Dr. Andy Robinson, president and COO of Standard Lithium, said in the news release. “We’re now at the point where we’ve got our…

WednesdaySep 09, 2020 10:04 am

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Strategic Transaction, New Cornerstone Shareholders

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B), on Tuesday announced its entry into a binding term sheet to acquire rights to 1,500 acres adjoining the company's Bullfrog Gold Deposit from Barrick Gold Corporation (TSX: ABX) (NYSE: GOLD) and a C$22 million financing to be completed by Augusta Investments Inc. Among the highlights of the transaction, Barrick and Augusta will become new cornerstone shareholders, with Barrick to own 15.9% and Augusta to own 31.9% of Bullfrog's shares outstanding after closing, calculated on an undiluted basis. “This is potentially another value-creating transaction which, once completed will consolidate assets to create…

TuesdaySep 08, 2020 11:42 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Delivers Notice to Debenture Holders, to Reach Debt-Free Status by October

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, has announced a cash redemption of all outstanding debentures; the redemption will result in the company being debt free by Oct. 6, 2020. To reach this significant milestone, the company announced that it had delivered a notice to holders of currently outstanding debentures, which it plans to redeem on Oct. 6, 2020. The announcement notes that the debentures are redeemable for an amount equal to 101% of their principal amount plus accrued and unpaid interest up to but excluding the redemption date. "Energy Fuels is…

FridaySep 04, 2020 12:34 pm

MiningNewsBreaks – Typhoon Exploration Inc. (TSX.V: TYP) to Commence New Drill Program at Aiguebelle-Goldfields

Typhoon Exploration (TSX.V: TYP) on Wednesday announced that it will launch new exploration works on its now solely owned Aiguebelle-Goldfields (“Fay West”) Property. According to the update, the main drilled gold occurrence on Typhoon's ground is located approximately 200 meters westward from the Fayolle Property, for which Monarch Gold Corporation (TSX: MQR) recently released preliminary drill results of 3.33 grams per tonne over 109 metres. "We are very pleased to follow up in this Gold Bull Market with the land package that Typhoon has maintained. We, at Typhoon, feel that the strategy of Typhoon's geographical location picks has been on…

ThursdaySep 03, 2020 12:55 pm

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Proposed Arrangement with Arm’s-Length Lender, Affiliate

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced a proposed arrangement with an existing arm’s-length lender and its affiliate. Under the agreement, the lender will exercise existing warrants of Petroteq Energy for a minimum of US$61,050 in gross proceeds to the company, which it would use to pay accrued and unpaid interest on three existing convertible debentures of the company held by the affiliate. The transactions addressed in the update are subject to completion and execution of definitive agreements and all necessary approvals,…

WednesdaySep 02, 2020 1:01 pm

MiningNewsBreaks – A.I.S. Resources Ltd. (TSX.V: AIS) Announces Progress on Yalgogrin Orogenic Gold Project

A.I.S. Resources (TSX.V: AIS) today announced that due diligence on the Yalgogrin Orogenic Gold Project has been completed with a three-day project inspection of the historic mines and geology on ELA6030 and EL5891. Among other highlights in the update, the company announced that 12 drill core samples from EL5891 have been verified as correct and show a strong correlation. “With 11 km strike length of known gold workings, and production over 15,000 oz from surface workings, the assay results are what we were expecting. This gives us confidence going forward with our highly prospective gold project in the Lachlan Fold…

TuesdaySep 01, 2020 12:40 pm

MiningNewsBreaks – Central African Gold Inc. (TSX.V: CAGR) (FSE: BC2) (OTCQB: NDENF) Grants Stock Options to Key Individuals

Natural resource company Central African Gold (TSX.V: CAGR) (FSE: BC2) (OTCQB: NDENF) has announced stock options will be available to some of the company’s directors, officers, consultants and employees in accordance to CAGR’s stock option plan. The company outlined the grant of 2 million incentive stock options available at a price of C$0.40; the options are exercisable for a period of five years. To view the full press release, visit http://ibn.fm/FPEyw About Central African Gold Inc. Central African is a natural-resource company with a primary focus on the acquisition, exploration, development and operation of mineral projects in the Democratic Republic…

WednesdayAug 26, 2020 10:12 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) CEO to Present Company Update at LD 500 Conference

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has announced that CEO Mark S. Chalmers has been invited to be a presenter at this year’s virtual LD 500 investor conference. During his presentation, Chalmers will provide an update on the company. The presentation will include an overview of UUUU’s critical mineral initiatives, including uranium production; it will also include discussion on the company’s strategic plan to eliminate debt and its progress with the rare earth element ("REE") processing program. The prestigious conference is scheduled for Sept. 1–4; Chalmers’s presentation is slated for 4 p.m. EST on…

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