MiningNewsBreaks Archive - Page 71 of 116

ThursdayApr 06, 2023 1:39 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Location for First REE Processing Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the selection of an 80,800 square-foot brownfield facility within the England Airpark in Alexandria, Louisiana, as the location for its planned Louisiana Strategic Metals Complex (“LSMC”) rare earth element (“REE”) separation and oxide production facility. “Ucore has executed a very focused plan to establish its first rare earth processing plant within an existing brownfield facility,” said Pat Ryan, P.Eng., Ucore chairman and CEO. “This plan accelerated once Ucore narrowed its U.S. Gulf Coast search to Louisiana and worked through many excellent potential sites throughout the state. Critical success markers included streamlined…

WednesdayApr 05, 2023 1:29 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Focused on Recreating Mid-Market REE Supply Chain in North America

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 out to ensure that China’s dominance in REE production and processing does not leave vulnerable those North American companies that are particularly reliant on critical rare earth elements. “This comes at a timely juncture, especially considering the degrading China-U.S. relationship. To achieve this, Ucore is looking at the means of REE processing used in China and trying to find better ways to do that in North America, thereby taking…

WednesdayApr 05, 2023 12:49 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Commences Next Phase of Permitting, Appoints Project Debt Advisor

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has started the Impact Statement Phase for its Crawford Nickel Project under the Impact Assessment Act. The second phase of the process, the Impact Statement phase is critical for the project because the process will be used by regulators, Indigenous communities, the general public, stakeholders and proponents alike as a planning and decision-making tool. The phase will be integral to emphasizing the positive impacts of the proposed project as well as resolving or mitigating the negative impact and ensuring that the project moves forward in the public's best interest. The company noted that the…

WednesdayApr 05, 2023 12:12 pm

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Announces New Assay Results at Los Azules

McEwen Copper Inc., 52%-owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today reported the latest assay results from its Los Azules project, where an ongoing drilling program continues to deliver consistent infill findings. Located in San Juan, Argentina, Los Azules has many features comparable to world-class copper-gold deposits in South America, including a thick blanket of higher-grade enriched (or supergene) mineralization. Among the highlights, the company reported enriched zone intercepts of 0.87% Cu over 152 m and 172 m, as well as an enriched zone interval grading 0.92% Cu over 276 m. and an interval grading 1.00% Cu over…

WednesdayApr 05, 2023 11:32 am

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Releases Results of Kay Mine Project Exploration Drilling

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), based in Arizona and focused on copper and gold exploration, is reporting on step-out exploration drilling at its Kay Mine Deposit. According to the announcement, the exploration drilling has intersected a potential new zone of copper-gold-zinc VMS mineralization; the new zone is located 600 meters north along the strike of the Central Target EM anomaly. The company reported that clasts of massive sulphide mineralization have been observed, which can be indicative of primary massive sulphide mineralization. Based on the indications, follow-up drilling is being planned to test for extensions of the mineralization encountered…

TuesdayApr 04, 2023 1:41 pm

MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Reports Community, Social Initiatives; Grants PSUs

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is providing an update on its ESG initiatives, including its work with Integratio Mediação Social e Sustentabilidade, which has resulted in the completion of a policy, strategy and implementation guide for current and future social and community engagement and reporting. In addition, the company announced it is granting a total of 2,330,000 Performance Share Units (“PSUs”) to 13 management personnel, officers, and directors. “The allocation of incentive shares is in alignment of BMR’s mission to maintain and enhance our positive and productive relationship with shareholders while accordingly incentivizing our management and board who…

TuesdayApr 04, 2023 12:07 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Provides Update on Ongoing Preliminary Testwork for Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today provided an update on its ongoing preliminary metallurgical testwork program for the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. The ongoing work is being carried out by Blue Coast Research Ltd. (“BCR”) based in Parksville, British Columbia, and Mineral Concentration Laboratory of the National Faculty of Engineering from the Technical University of Oruro (“UTO”), Bolivia. “The Iska Iska silver-tin polymetallic deposit is a remarkably extensive system with multiple potential ore types, which require more metallurgical work than originally anticipated, especially for tin, as outlined in this press…

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…

ThursdayMar 30, 2023 12:46 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2), BGS Partner to Create Market-Ready Solutions

Reflex (CSE:RFLX) (OTC: RFLXF) (FWB: HF2) today announced its entry into a subscription agreement to make a strategic investment in Bio Graphene Solutions Inc. (“BGS”), a private nanotechnology company that specializes in the production of high-quality graphene. As part of the investment, Reflex expects to benefit by collaborating with BGS on potential cross-development projects that include exploring downstream applications that compliment any graphite material sourced from the company’s Ruby Graphite project. “We are pleased to have Reflex Advanced Materials as a strategic partner,” said David Fisher, CEO and co-founder of BGS. “Our high-quality graphene has significant versatility and compliments Reflex’s…

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…

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