Stock Spotlights Archives - Page 7 of 21

MondayApr 03, 2023 2:33 pm

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Subsidiary Collaborating in Vision to ‘Build a Mine for the Future’

McEwen Mining’s (NYSE: MUX) (TSX: MUX) 51.9%-owned subsidiary, McEwen Copper, recently closed an ARS 30 billion investment by FCA Argentina S.A., a subsidiary of Stellantis N.V. (NYSE: STLA). Proceeds from the investment are expected to be directed toward advancing the development of McEwen Copper’s 100%-owned Los Azules project in San Juan, Argentina. “We are delighted to have Stellantis as a partner in the future development of our Los Azules copper project,” McEwen Copper CEO Rob McEwen is quoted as saying of the investment. “Together, we share a vision to build a mine for the future based on regenerative principles that…

WednesdayMar 29, 2023 3:15 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Positioning as REE Thought Leader

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company developing specialized rare earth element (“REE”) separation and processing solutions, is playing a role in reasserting North America’s independence in tech resource mining. “The company is preparing to demonstrate its proprietary RapidSX(TM) process for the low-cost separation and purification of REEs through an accelerated form of solvent extraction at a demonstration plant in Ontario. Commissioning of the plant is currently underway... Ucore then intends to demonstrate its position as an REE thought leader by building a ‘Strategic Metals Complex’ (‘SMC’) processing facility in Louisiana later this year, followed by additional SMCs…

TuesdayMar 28, 2023 1:01 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Positioned to Capitalize on Forthcoming Resources Discoveries

Eloro Resources (TSX: 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 commenced trading on the Toronto Stock Exchange (“TSX”). “The upgrade [from the TSX Venture Exchange] in its stock listing marks the latest feat for Eloro Resources, with the company having announced earlier in January that it had concluded its fully underwritten primary share placement, raising total gross proceeds of C$10,919,570. At the time, the company revealed that the net proceeds derived from the offering would be destined toward exploration and development purposes…

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…

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