Mining Stocks Archives - Page 142 of 169

TuesdayApr 20, 2021 12:25 pm

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Doubles Ground Position at Silver City Project

Excellon Resources Inc. expands its Silver City Project in Germany, doubles ground position to 34,150 hectares Germany and the EU have seen mining revival in attempt to enhance mineral supply security Excellon continues to be a first mover on silver exploration in Saxony, Germany, with an unparalleled ground position covering historical high-grade silver mines on an epithermal silver belt that has never seen modern exploration for precious metals Excellon (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, zeroes in on the expansion of its Silver City…

TuesdayApr 20, 2021 10:53 am

Asia Broadband Inc. (AABB) Launches AABBG Gold-Backed Crypto Tokens, AABB Wallet; Plans Proprietary Cryptocurrency Exchange

AABB launches AABB Gold cryptocurrency token, AABB Wallet targeting high-growth markets Initial token release is 100% backed by $30 million in physical gold Company plans to expand token circulation through mine-to-token vertical integration Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals primarily to the Asian market, has launched its AABB Gold (AABBG) cryptocurrency token (https://ibn.fm/j1FDQ). Intended to become a secured and trusted gold-backed global standard of exchange, the token was developed in collaboration with Core State Holdings Corp. (“CSHC”). Gold-backed cryptocurrency is a type of crypto stablecoin backed with…

MondayApr 19, 2021 11:48 am

How Nevada Mining Companies Stayed Afloat During the COVID-19 Storm

The mining sector has always had a robust culture of disaster preparedness, safety and health awareness, given its familiarity with the volatility of the markets and its innate inelastic supply and demand. However, the coronavirus outbreak last year resulted in an unprecedented downturn in almost all economic activities, including mining operations. A few weeks after the outbreak was declared a pandemic, market capitalization lost over a third of its value, and many speculated that a great depression would occur in the future. Instead, a survey of Nevada’s mining sector shows that consequences of the coronavirus, which included decreases in the…

FridayApr 16, 2021 11:30 am

Report Suggests Biden’s EV Plan May Trigger Bull Market for Energy Metals

According to Fastmarkets, an analytics firm, a $2 trillion infrastructure measure proposed by President Joe Biden would help establish bull conditions in commodity markets, especially for copper, lithium, cobalt and steel, which are key materials needed for the energy transition. Fastmarkets metals & mining expert Thorsten Schier stated that in comparison with the package proposed by Obama in 2009, the infrastructure plan proposed by Biden could be more beneficial to the metals market, for reasons beyond its large size. Schier explained that it created the potential for strong demand in the near future, as it did not need shovel-ready projects.…

ThursdayApr 15, 2021 3:26 pm

Global Business Giants Call for a Ban on Deep-Sea Mining

Google, Volvo, BMW and Korean battery manufacturing company Samsung SDI have pledged not to purchase metals extracted from deep-sea mining until the activity’s environmental risks are better understood. These companies are the first international companies to back a World Wildlife Fund action for a moratorium on deep-sea mining. This move could deal a significant blow to companies that plan to mine the deep ocean in the near future. In addition to these companies, the European Parliament also called for a ban on deep-sea mining until the environmental risks and effects of disrupting unique ecosystems were understood. The companies have also…

ThursdayApr 15, 2021 12:10 pm

Uranium Energy Corp. (NYSE American: UEC) Positioned to Capitalize on Rising Uranium Demand with Diverse Portfolio of Low-Cost, Environmentally Friendly Projects and Strong Balance Sheet

Bi-partisan support seen in U.S.; Democratic party supports nuclear energy for first time in 48 years – nuclear power included in Biden’s Clean Energy Standard Nuclear energy is projected to increase worldwide to combat climate change UEC utilizes in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad, Reno Creek UEC controls of one of largest historical uranium exploration, development databases in United States Largest resource base of fully permitted ISR projects of any U.S. based producer Over $110 Million in Cash, Equity and Inventory Holdings as of April 9, 2021 The U.S. Democratic Party changed…

ThursdayApr 15, 2021 11:56 am

Asia Broadband Inc. (AABB) Poised for Higher Gold Token Sales Following Over $1 Million Recorded in First Two Weeks

Asia Broadband Inc. announced it had recorded over $1 million in AABB Gold Token sales, despite not undertaking an international marketing campaign The announcement follows a series of methodical steps that saw the company launch the AABB Wallet and Gold token in collaboration with developer CSHC The initial token release meets the criteria for a successful cryptocurrency launch per an IEEE study, indicating that AABB is on course to record higher sales Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, primarily to the Asian market, recently made another important stride in its…

WednesdayApr 14, 2021 1:45 pm

Study Finds That Recycling Battery Minerals Produces Smaller Carbon Footprint

A new study conducted by a team of researchers from the Aalto University in Finland has found that the carbon footprint of raw materials acquired through recycling electric vehicle batteries is 38% less than that of virgin raw materials. In order to reach this conclusion, the researchers used simulation-based life cycle to account for water and energy consumption as well as emissions in smelting, a hydrometallurgical recycling process. Generally, this technique loses various raw materials including lithium while new hydrometallurgical processes work by separating battery metals from waste through dissolution, which allows the minerals to be recovered. However, the process…

TuesdayApr 13, 2021 2:15 pm

Demand for Battery Minerals for EVs Underscores Importance of Mining Sector

As the world embraces electric vehicles (“EVs”) and more countries work toward adopting a zero carbon economy, the demand for battery minerals continuously grows. The battery itself was the brainchild of an Italian more than 270 years ago, but it wasn’t until the 19th century that the idea was enhanced by a team of scientists. Currently, the battery may be the key to the universal acceptance of the natural resources sector, especially if one considers the steadily increasing demand for metals out of which batteries can be made. As stated above, this big appetite is primarily driven by a widespread acceptance…

TuesdayApr 13, 2021 11:49 am

Uranium Energy Corp. (NYSE American: UEC) Focused Strategy Means Price Target Increase, Stronger Position in Growing Sector

H.C. Wainwright and Co. increase price target, reiterate buy rating for UEC Key moves by company lead to stronger position UEC investing to build next generation of low-cost and environmentally friendly uranium projects that will be competitive on global basis, says CEO Recent action taken by Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases, has prompted H.C. Wainwright and Co. to increase its price target for the company and reiterate its buy rating (https://ibn.fm/6wWpO). In its updated report, Wainwright specifically cited three main factors…

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