MondayMay 03, 2021 2:49 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) On Pace to Outperform in Commercial REE Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of monazite from The Chemours Company’s Offerman Mineral Sand Plant in Georgia. The delivery sets the wheels in motion for UUUU to produce mixed rare earth elements (“REE”) carbonate and subsequently sell the product to Neo Performance Materials’ REE separation plant in Europe “for production of value-added REE products available to U.S. and European manufacturers,” says a recent article. While the initial production phase of the REE value chain holds great potential for UUUU, the company is still focused on its core business: uranium. “If successful in the…

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FridayApr 30, 2021 12:32 pm

MiningNewsBreaks – Perpetual Industries Inc. (PRPI) to Combine Expertise to Form Robust, Comprehensive Service

Perpetual Industries (OTC: PRPI) recently completed two key acquisitions: Worldwide Group LLC, a U.S.-based boutique auction company, and AutoGrafic Software Systems, a software-as-a-service (“SaaS”) company. The acquisitions align with PRPI’s mission to bring value-added technologies to the market. Worldwide is focused on selling and acquiring classic vintage automobiles at auctions globally, while AutoGrafic utilizes advanced technology to host various aspects for automotive promotion and preservation. “In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service,” reads a recent article. “Future…

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FridayApr 30, 2021 11:45 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City…

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WednesdayApr 28, 2021 2:52 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) to Proceed with International Marketing of Gold-Backed Token

Asia Broadband (OTC: AABB) recently recorded more than $1 million in sales within the first two weeks after launch of its AABB Gold (“AABBG”) token. The record sales were achieved even before embarking on an international marketing campaign, which, once it commences, will amplify public and investment community awareness of AABB, promote brand exposure and increase token sales and AABB wallet transactions. “Asia Broadband has taken a progressive approach to rolling out its gold-backed token,” reads a recent article. “What began as a vision to become a world leader in providing a standard of exchange that is secure, transparent, trusted…

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MondayApr 26, 2021 2:04 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) to Utilize ISR to Supply Global Utilities, US Needs

Uranium Energy (NYSE American: UEC) aims to change the current state of affairs in the United States as the country is struggling to maintain its uranium industrial base. “The United States is now nearly completely dependent on foreign uranium imports. Meanwhile, the nation’s domestic enrichment capacity is close to non-existent,” reads an article highlighting Scott Melbye’s testimony at the Senate Committee hearing. Melbye, UEC’s executive vice president, elaborated that the United States possesses over one billion pounds of uranium in known and likely deposits and that his company is keen on turning the tide. “Uranium Energy Corp has worked towards…

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TuesdayApr 20, 2021 2:34 pm

MiningNewsBreaks – Why Perpetual Industries Inc. (PRPI) Is ‘One to Watch’

Perpetual Industries (OTC: PRPI) is an incubator for the development of innovative technologies aimed at commercializing products with the potential to impact and advance a wide range of industries on a global scale. The company’s leadership team is comprised of experts and trusted industry partners with the resources to provide essential components needed to drive projects from their initial stages through to novel end products. “Perpetual Industries is expanding expertise and knowledge of energy-efficient technology by developing low-cost solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and internet of things (‘IoT’),” reads a…

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MondayApr 12, 2021 1:35 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Collaborates to End 20-Year Drought with New Initiative

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Neo Performance Materials (TSX: NEO) in an initiative that will see feedstock from the United States being used to manufacture separated rare earth (“RE”) materials outside China for the first time in over 20 years. “A leading U.S.-based uranium mining company, Energy Fuels, has been working with Neo for almost a year in a technical collaboration focused on establishing a monazite processing and RE carbonate production capacity at Energy Fuels’ White Mesa Mill plant in Utah,” reads an article detailing the partnership. “That successful collaboration has led to the current…

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ThursdayApr 01, 2021 12:38 pm

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Commences Drilling at Rio Loa, Preps to Advance Multiple High-Priority Projects

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company that acquires and explores mineral resource properties, recently mobilized a drill crew and commenced its phase 1 drill campaign at Rio Loa. With the company anticipating that the Rio Loa Project could deliver impressive results, an article about the prospects reports that this is just one of GoldHaven’s promising assets. “One of GoldHaven’s high-priority Maricunga projects, the Rio Loa Project, is located 25 kilometers south of Gold Field’s Salares Norte deposit,” the article reads. “In addition to Rio Loa, GoldHaven has six other priority assets to test and drill.…

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ThursdayMar 25, 2021 12:45 pm

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Eyes Strong Profit Potential with High-Priority Targets

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, has acquired seven advanced gold projects located in the prolific Maricunga Gold Belt in Northern Chile. Four of these are categorized as high-priority sites, positioning the company favorably as gold prices reached historic highs in 2020, topping $2,000 per ounce, and continue to trend upward. Wallet Investors projects that gold will rise over the next five years, surpassing $3,100 per ounce by 2026 (https://ibn.fm/2NJHh). “GoldHaven has strong profit potential with four high-priority targets,” reads a recent article discussing the company’s prospects. “Its Rio Loa Project has entered phase 1…

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FridayMar 19, 2021 2:58 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Aims to Supply up to 50% of US Rare Earth Demand

Energy Fuels (NYSE American: UUUU) (TSX: EFR) expects to commence commercial production of rare earth elements (“REE”) in 2021 and is focused on supplying up to 50% of U.S. rare earth demand contained in a mixed REE concentrate over the next few years. The company set out to penetrate the REE market in April 2020 “to complement its core uranium product lines,” reads an article about UUUU’s growth. “Since the announcement of the expansion into REEs, the company has made significant strides, quickly becoming an emerging player in the space.” This growth is thanks to existing momentum. “After the initial…

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