Stock Spotlights Archives - MiningNewsWire

TuesdayMar 21, 2023 10:17 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned to Advance Los Azules, Address Rising Demand for Copper

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich, diversified gold and silver producer in the Americas. “McEwen Mining is positioned to help address the rising demand for copper [related to the renewable energy transition] through its subsidiary, McEwen Copper, owner of the Los Azules deposit in Argentina. Los Azules is believed to be the 9th largest undeveloped copper resource in the world and, according to McEwen Mining and McEwen Copper, could easily be the world’s next copper unicorn,” explains a recent article. “In a 2017 PEA, Los Azules was designed to be an open pit mine with a 36-year…

WednesdayMar 15, 2023 11:58 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Positioned to Promote US Self-Sustainability, Creation of North American REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the separation and scalable production of rare earth metals (“REE”) in the U.S. and Canada, is focused on providing best-in-class metal separation products and services to the mining and mineral extraction industries. “To date, China has been the dominant leader in providing REE for industries, resulting in dangerous industrial leverage spanning military assets, electric vehicles, wind power generation, as well as mobile phones and others. However, with the rising tensions between the U.S. and China, Ucore is now positioned to create a North American REE supply chain, allowing the…

FridayMar 10, 2023 12:54 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Combining Time-Proven SX with New Platform to Process REEs

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S. The company is disrupting China’s dominance with its near-term processing facility in Louisiana, subsequent Strategic Metals Complexes (“SMCs”) in Alaska and Canada, and longer-term development of Boken Mountain on Prince of Wales Island, Alaska. This comes as current tensions between the U.S. and China have brought to light the urgency for North America to have its own REE processing alternatives. “Ucore’s RapidSX(TM) technology provides additional industry options for overcoming the dominance of…

MondayMar 06, 2023 2:33 pm

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Leveraging Decades of Industry Experience to Develop World-Class Exploration Projects

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company, advances precious and base metal deposits in Arizona. The company “started 2023 on a positive trajectory with plans to begin exploring outside its flagship Kay Mine copper-gold-zinc-silver asset located in Yavapai County, Arizona… AZMCF owns 100% of the Kay Mine property, which totals 1,300 acres and is not subject to royalties. During 2022, AZMCF received drill permits for both the central and western targets, completing approximately 33,000 meters of core drilling and initiating drilling on targets outside the deposit. The company was funded to complete the remaining 8,600 meters of…

FridayMar 03, 2023 12:54 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Focused on Bringing Best-in-Class Products to Market

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is pursuing the exploration, separation and scalable production of rare earth elements (“REE”) in Canada and the U.S. “Ucore Rare Metals is focused on becoming a leading advanced technology company that provides best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, Ucore’s plan is to counteract China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in Louisiana, with subsequent additional Strategic Metals Complexes (‘SMCs’), and the longer-term development of a heavy-rare-earth-element mineral resource property…

TuesdayFeb 28, 2023 2:03 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Well Poised Following Successful Capital Raise

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently announced that it had successfully concluded its fully underwritten primary share placement. “The offering, which consisted in Eloro issuing 3,466,540 primary shares at a price of C$3.15 per share, raised total gross proceeds of C$10,919,570; the figure also includes shares granted as part of the over-allotment option granted to underwriters… Eloro Resources has revealed that the net proceeds derived from the offering will be destined toward exploration and development purposes at the…

FridayFeb 24, 2023 10:34 am

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Intersects New Gold-Copper Zone, Eyes Opportunity at Kay Mine

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a Toronto-based company that owns 100% of the Kay Mine Project in Yavapai County and 100% of the Sugarloaf Peak Property in La Paz County, is fully funded to continue its exploration plans. These include completing the balance of an ongoing 8,500-meter phase 2 program and an upcoming 76,000-meter phase 3 drilling program at its flagship Kay Mine Project. “On Jan. 17, 2023, Arizona Metals said that the step-out drilling located 300 meters north and on strike at the Kay Mine Deposit intersected a new zone of copper-gold VMS [volcanogenic massive sulfide) mineralization at…

FridayFeb 17, 2023 12:41 pm

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Subsidiary Poised to Potentially Become World’s Next Copper Unicorn

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer in the Americas with large exposure to copper through its 68%-owned subsidiary McEwen Copper. The company recently reported rich copper values over attractive widths, resulting from infill drilling at its Los Azules project. “Located in San Juan, Argentina, Los Azules is a large porphyry copper-gold-silver deposit expressing great potential, with ultimate depth and lateral extents yet to be fully determined… McEwen Copper resumed its drilling program in October 2022. It is designed to increase drill hole density and upgrade the copper resource classification to better understand…

FridayFeb 17, 2023 12:02 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Working to Provide Best-in-Class Metal Separation Products and Services

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare earth element (“REE”) resource development and precious metal commercialization, recently provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant for the separation of heavy and light REEs. “Ucore’s vision includes becoming a leading advanced technology company that provides the best-in-class metal separation products and services to the mining and mineral extraction industry. The company also plans to aid in developing the North American REE supply chain controlled by the U.S. and its allies through strategic partnerships,” a recent article reads. “Innovation Metals Corp., which was…

ThursdayFeb 09, 2023 3:01 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Well Positioned as Gold and Copper Forecasts Point to Higher Prices

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer with large exposure to copper through its subsidiary, McEwen Copper. “[MUX] is led by a management team with extensive knowledge and experience in the mining space and owns and operates in some of the most prolific gold-producing regions in the Americas. Many current gold and copper forecasts point to higher prices over the next few years. Should that occur, McEwen Mining’s assets position it well to benefit,” a recent article reads. “A key factor for investors is that McEwen Mining’s management team is uniquely aligned with…

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