Stock Spotlights Archives - MiningNewsWire

FridayJan 21, 2022 12:35 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expected to Benefit as Investors Seek Alternatives to Cash

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid the price rally experienced within the precious metals market following a rise in inflation. December numbers released by the Bureau of Labor Statistics showed the U.S. inflation rate rose to 6.8%, its highest point since 1982, on the back of higher housing, food and gas prices. Earlier in November, in spite of normal and expected ups and downs, gold prices rallied to a near-five-month high after consumer price data prompted people to buy gold as a hedge against inflation. “Economists expect that strong inflation will continue to drive buyers into gold……

FridayJan 14, 2022 12:12 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in High-Purity Rare Earth Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Nanoscale Powders LLC (“NSP”) with plans to develop a novel technology for the production of rare earth elements (“REE”) metals. The company believes the technology, initially developed by NSP and to be advanced by the UUUU-NSP partnership, has the potential to revolutionize the rare earth metal making industry by increasing safety, reducing production costs and energy consumption, and significantly reducing greenhouse gas emissions. NSP brings its tech while UUUU contributes the rare earth material and industrial-scale processing facility. A recent article quotes UUUU president and CEO Mark S. Chalmers as…

ThursdayJan 13, 2022 2:47 pm

MiningNewsBreaks – StorEn Technologies Inc.’s Collaborative Project Set to Bring Opportunity to Local Manufacturing Community

StorEn Technologies is a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology. The company takes pride in offering solutions that meet consumers’ demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy. StorEn is involved in a project in Australia led by Future Battery Industries CRC, with QUT, research partners, state and federal governments, which allows researchers to test and develop safety standards for vanadium flow batteries. The 30-kWh battery is provided by Multicom Resources Limited in partnership with StorEn. A recent article, which…

FridayJan 07, 2022 12:41 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Building Portfolio, Expanding Access to Potential Mining Assets

StraightUp Resources (CSE: ST) (OTCQB: STUPF) in 2021 expanded its access to potential assets, building a portfolio that includes options for five anticipated gold properties in Ontario, Canada’s well-known greenstone belt, acquisition of an existing gold and silver mine in the western United States, and an opportunity to acquire a silver mine and processing plant in the Lima region of Peru. Most of the company’s development work thus far has centered on the properties in eastern Canada. “The Red Lake district where the RLX North, RLX South, Belanger Red Lake, Bear Head, and Ferdinand gold properties are centered is part…

ThursdayJan 06, 2022 3:17 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised to Leverage Growth in Nuclear Energy Space

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that supplies U3O8 to major nuclear utilities, is ideally positioned to make the most of the anticipated growth in the nuclear energy sector. The World Nuclear Association’s Annual Nuclear Fuel Report projects that the demand for uranium fuel will increase over the next two decades. Nuclear power is expected to play an increasingly important role in the future because of its near-zero emissions of carbon dioxide and other pollutants, its on-demand, reliable and secure nature, and its long-term cost competitiveness. Energy Fuels holds three of America’s key…

TuesdayDec 28, 2021 12:50 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Continues to Position Among Top-Quality Assets, Companies

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid an expectedly strong market for years to come, building a portfolio of potential precious metal resource sites. These assets are located in the well-known gold-rich region of Red Lake’s greenstone belt in Ontario, Canada, in a historically productive mining region in southern Nevada, as well as in the Lima region of Peru. A recent article quotes StraightUp CEO and President Mark Brezer as saying, “We continue to position ourselves among top-quality assets and companies.” Brezer’s statement came on the heels of the company’s announcement regarding its expansion into the United States…

TuesdayDec 14, 2021 2:28 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned Amid Expected Strong Growth in Nuclear Energy

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing uranium mining sector. According to a Business Research Company report, the uranium mining market is projected to reach nearly $10.18 billion next year and should see CAGR of 4.6% during the forecast period (https://ibn.fm/vvT93). “With nuclear energy expected to see strong growth in the coming years as nations around the world work to provide affordable, sustainable clean energy, Energy Fuels looks to be in an ideal position. The company is the leading producer of…

FridayDec 10, 2021 1:29 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expanding Market Reach

StraightUp Resources (CSE: ST) (OTCQB: STUPF), at the beginning of the year, broke down its 2021 exploration program into four elements: historical data review, compilation and interpretation; examining historical drill core (“ENDM” core library, Red Lake); geological mapping and sampling; and geophysical surveys. “The objective was to add new 2021 data to enhance interpretations, locate prime locations for drilling holes and conduct soil sampling to inform the company’s investment decisions and guarantee a return on its investment,” reads a recent article. “So far, these efforts have allowed StraightUp to acquire prime properties with tremendous potential to maximize shareholder wealth. It…

MondayDec 06, 2021 12:42 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Focused on Efforts to Support ESG Priorities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority in the production of raw materials that support global clean-energy efforts. This comes as the world is becoming more focused on and committed to clean energy and sustainability, with companies in every sector recognizing the importance of advancing ESG (environmental, sustainability and governance) priorities. “With that as a backdrop, Energy Fuels does much more than just produce uranium, which is the fuel for nuclear energy, producing 50% of all clean, carbon-free electricity in the U.S.,” a recent article reads. In addition to producing uranium, UUUU began operations to recover…

ThursdayDec 02, 2021 1:28 pm

MiningNewsBreaks – Excellon Resources Inc.’s (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Platosa Marks 4th Quarter of >21,000 Tons Mined and Milled

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a diversified metals producer with a precious metals growth pipeline that includes Mexico’s Platosa Mine, Kilgore, a high-quality gold development project in Idaho, as well as and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany boasting more than 750 years of mining history. The company recently released details of its robust second-quarter production numbers generated from its Durango, Mexico-based Platosa Mine. “Excellon saw silver production of 296,013 ounces, lead production of 1.9 million pounds and zinc production of 2.5 million pounds — in aggregate totaling…

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