MiningNewsBreaks Archive - Page 63 of 116

MondayAug 07, 2023 2:12 pm

MiningNewsBreaks – EarthGrid, Icelandic Government Sign ‘Milestone’ MOU to Revolutionize Construction Industry

EarthGrid, a leading innovator in tunneling technology, has entered a memorandum of understanding (“MOU”) with the government of Iceland, signed by Iceland's minister of environment, energy and climate. The company stated that the MOU is a “significant milestone” in its mission to transform tunneling and infrastructure development. According to the announcement, the MOU marks a partnership between the two entities that “aims to revolutionize the construction industry and pave the way for groundbreaking infrastructure projects.” The MOU outlines the collaboration, which calls for EarthGrid to utilize its cutting-edge, torch-drilling technology in a range of projects throughout the country; these projects…

MondayAug 07, 2023 11:15 am

MiningNewsBreaks – GEMXX Corp. (GEMZ) Issues Corporate Update, Eyes Expansion Plans

GEMXX (OTC: GEMZ), a leader in the Ammolite Gems mine-to-market segment, recently provided a corporate update and highlighted the company’s achievements and its accomplishment of significant milestones. The company controls each stage of its production, which includes gold mining, gemstone production, jewelry manufacturing, and global distribution. Its management team consists of the industry’s leading experts with a combined 160 years of gold, gemstone and jewelry business experience. “We are tremendously pleased with the development of the company over the past several months, and we are extremely excited for the anticipated growth,” Jay Maull, GEMXX CEO, said in the news release.…

FridayAug 04, 2023 3:35 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Demo Plant Represents Unique Technological Advantage

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is steadily and quickly developing its infrastructure for North America-based rare earth element (“REE”) processing, strengthening its competitive position and ability to disrupt the People’s Republic of China’s control of the North American REE supply chain. “Ucore began demonstrating the performance of its proprietary RapidSX(TM) solvent extraction process during the spring at an Ontario, Canada facility, and on June 29 the company announced acquisition of a third REE feedstock for the demonstration plant, establishing it as a first-of-a-kind facility in North America… The Canadian demonstration plant is designed to show how RapidSX can…

FridayAug 04, 2023 3:26 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Remarkable Opportunity to Outline Two World-Class Deposits

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, remains on track to publish its inaugural NI 43-101 compliant mineral resource estimate focused around the Santa Barbara High-Grade Zone at its Iska Iska site. Simultaneously, the company is looking to continue its ongoing drilling and geophysical surveys in the southernmost extremes of the Iska Iska site as well as within the Casiterita property to the southwest. “A positive finding, coupled with initial successes within the site’s Santa Barbara region, could translate into a scenario, which as Eloro’s Executive Vice President of Exploration Bill Pearson puts it,…

ThursdayAug 03, 2023 3:32 pm

MiningNewsBreaks – Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) Texmont Project ‘Continues to Deliver Excellent Results’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company focused on advancing the next generation of nickel-sulfide projects, recently released its findings from preliminary metallurgical testing at its Texmont Nickel Sulphide Project, and the results meet or exceed historical results. “Nickel metal has a key role to play in the 2023 battery grade market, states a recent Fastmarkets report… ‘Fastmarkets researchers forecast that demand for nickel for use in EV batteries represents around 280,000 tonnes per year of nickel metal globally, which corresponds to around 10% of worldwide demand for nickel. But this figure is set to grow significantly. Demand from…

ThursdayAug 03, 2023 1:34 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Featured in Bell2Bell Podcast

First Tellurium (CSE: FTEL) (OTC: FSTTF), a company committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets, was featured in the latest episode of the Bell2Bell Podcast. The podcast is part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. First Tellurium’s president and CEO Tyrone Docherty joined the program to discuss the company’s business model, operating markets and positioning as the only tellurium-focused junior in the world. “First Tellurium has a wonderful, high-grade gold and silver property in Canada, but it comes with…

ThursdayAug 03, 2023 11:13 am

MiningNewsBreaks – GEMXX Corporation (GEMZ) Mobilizes Mining Equipment to Canada-Based Snow Creek Mine

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market space, has mobilized equipment to its Snow Creek Mine site for the mining season. The move, which brings the property to full production, was made in association with Crazy Horse Mining Inc. (“CHMI”), which GEMXX has partial ownership in. According to the announcement, site preparation has been taking place in the Snow Creek mine area, including preparing access roads and pads for equipment and ponds. Now that equipment has been moved to the site, the company anticipates processing 1,000 cubic yards of gold bearing ore per day. GEMXX and CHMI…

WednesdayAug 02, 2023 1:42 pm

MiningNewsBreaks – Why First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Is ‘One to Watch’

First Tellurium (CSE: FTEL) (OTC: FSTTF) is committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper, and tungsten, for North American markets. “This objective is anchored by the company’s Deer Horn tellurium-gold-silver-copper project in British Columbia, Canada, and further enhanced by its property option on the Klondike tellurium-gold prospect located in Colorado, USA. First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in indigenous territory with sustainable exploration potential,” a recent article reads. “Deer Horn is one of…

WednesdayAug 02, 2023 11:54 am

MiningNewsBreaks – GEMXX Corp. (GEMZ) Updates Shareholders, Noting Positive Financial Report and Corporate Highlights

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market space, provided an update to shareholders on May 30th, including highlighting positive revenues and key corporate milestones. The updated noted the company’s strong foundation in the past year and observed that shareholder value is increasing through the acquisition of materials and assets that support GEMXX’s goal of becoming fully integrated. Highlights of the update included issued and outstanding shares totaling 96,851,751; account receivables increasing from $360,254 in March 2022 to $905,109 this year; net income increasing to $218,471 compared to $76,224 last year; and no long-term debt. “We are very…

TuesdayAug 01, 2023 4:06 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Strategic Engagements of IBN and Hybrid Financial Ltd.

GEMXX (OTC: GEMZ), a mine-to-market enterprise specializing in gold, gemstone and jewelry production, today announced that it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and public entities. With ownership of mining resources, production facilities and operational assets, GEMXX maintains control over every aspect of its production process, from gold mining and gemstone production to jewelry manufacturing and global distribution. GEMXX stands distinct as a leading producer of high-quality finished Ammolite jewelry and the sole public company engaged in Ammolite mining worldwide. GEMXX is also actively involved in gold mining and…

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