TuesdayMay 18, 2021 1:43 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its AABBG gold-backed cryptocurrency token sales, as well as the hiring of a firm that has designed an international marketing campaign to proliferate brand exposure, increase token sales and AABB Wallet transactions and amplify public and…

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TuesdayMay 18, 2021 9:39 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Hosts Q1 2021 Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, at 4:00 p.m. ET on May 17, 2021, hosted a conference call to discuss its earnings results for the first quarter of 2021. Interested parties should visit https://ibn.fm/qsg1W to access a replay of the call. To view the full press release, visit https://ibn.fm/n6qM6 About Energy Fuels Inc. Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element ("REE") carbonate in…

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MondayMay 17, 2021 1:12 pm

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Commences PEA Work on TETRA Property

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced it has commenced work on a Preliminary Economic Assessment (“PEA”) on its TETRA Property located in the south-western region of Arkansas. The PEA will consider an integrated project that includes brine supply and injection wells, pipelines and brine treatment infrastructure, a direct lithium extraction plant using the company’s proprietary LiSTR technology, and a lithium chloride to lithium hydroxide conversion plant. “We continue to evaluate and accelerate our lithium brine project development activities in southern Arkansas. The TETRA project is a very high-quality…

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MondayMay 17, 2021 12:19 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token approach that aims for complete independence from fiat currency and, more recently, the launch of an international marketing campaign. In the coming months, the company expects to launch its proprietary exchange. A recent article reads,…

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MondayMay 17, 2021 12:01 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Finds Compelling Results at Platosa Mine

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 found additional high-grade silver in the Platosa Mine in Mexico. The find was captured in recently released results from underground expansion and exploration drilling at the site, which the company described as “compelling.” It complements the company’s efforts to advance a precious metals growth pipeline in Platosa through further explorations. A recent article quotes the senior vice president of Geology and Corporate Development, Ben Pullinger, as saying, “Initial drilling from…

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MondayMay 17, 2021 11:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Incentive Stock Options

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, announced that it has granted incentive stock options. The options will enable specific directors, officers and consultants to purchase up to 850,000 common shares; the shares will be offered under FEMFF’s incentive stock option plan. According to the announcement, the options will be exercisable for a five-year period at an exercise price of $0.35 per share. All options are subject to Canadian Securities Exchange approval. Part of First Energy objective is to add to its portfolio in a deliberate approach in a way that adds value; currently the company’s…

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FridayMay 14, 2021 10:57 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Q1 2021 Financial, General Meeting Report

Excellon Resources (TSX: EXN, EXN.WT) (NYSE American: EXN) (FSE: E4X2) has released its financial report for first quarter 2021, the period ended March 31, 2021. The report included both financial and operational highlights. Among the financial highlights for the company was the announcement that revenues had increased by 76% to $9.8 million during Q1 2020 compared to $5.6 million in Q1 2020, and gross profit reached $1.8 million, a $3 million improvement over first quarter 2020, which posted a $1.2 million loss. The company also reported total cash cost net of byproducts per silver ounce payable decreased by 13% to $13.43 compared to $15.35 the same quarter…

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ThursdayMay 13, 2021 3:03 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Is ‘America’s Critical Mineral Hub’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) was featured in a recent article discussing its emergence as “America’s Critical Mineral Hub,” and a leader in the domestic production of uranium, vanadium and rare earth elements (“REEs”). These critical minerals are the building blocks of many clean energy technologies, including electric vehicles (“EVs”), renewable energy systems, nuclear energy and advanced grid-scale batteries. UUUU is the largest U.S. producer of uranium, a leading producer of vanadium and has launched a new fully integrated REE supply chain for the United States and Europe. Energy Fuels president and CEO Mark Chalmers was quoted in…

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ThursdayMay 13, 2021 12:29 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Keen on Becoming Nation’s Largest, Most Profitable Uranium Company

Uranium Energy (NYSE American: UEC) is intent on advancing and expanding Burke Hollow’s resources, an in-situ recovery (“ISR”) uranium project in South Texas, according to a recent article. As a result, it “restarted wellfield development and resource delineation drilling.” The expansion of Burke Hollow’s resources “dovetails with UEC’s plans to participate in supplying the U.S. Uranium Reserve (‘UR’) as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy.” The company controls the largest uranium resource base of fully permitted ISR projects in Texas and Wyoming of any U.S.-based producer and is also “investing to…

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WednesdayMay 12, 2021 10:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Promising Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced the results of drill hole LC21-12 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10-meter-wide zone with 1.11% lithium oxide ("Li2O") at 110 metres ("m") depth. In addition, there are anomalous values of other rare metals including average values of niobium ("Nb") 99.78 parts per million ("ppm"), rubidium ("Rb") 1,609.7 ppm, tantalum ("Ta") 65.16 ppm, beryllium ("Be") 200.7 ppm, and cesium ("Cs") 60.55 ppm. Average value of iron ("Fe") is 0.494%. "The first drill hole at…

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