First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced that it has closed a non-brokered private placement for aggregate gross proceeds of $1,000,000. According to the update, the offering consisted of the sale of $771,299.76 flow-through units (“FT units”) by way of issuing 2,003,376 shares at $0.385 per FT … Continue reading “MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Closing of Private Placement”
Investment Considerations StorEn Technologies Inc. delivers proprietary vanadium flow batteries offering a variety of benefits over existing lithium and lead acid batteries. The company’s growing intellectual property portfolio currently features four international PCT patents and five trademarks. The total investment in the company’s technology has exceeded $2 million. StorEn secured a $500,000 order to provide … Continue reading “StorEn Technologies Inc.”
A report prepared by an environmental not-for-profit organization known as the Institute for Sustainable Futures for Earthworks proposes that recycled metals may help meet a huge chunk of the steadily growing demand of electric cars. The report centers on copper, nickel, lithium and cobalt, which are all important lithium-ion battery ingredients. It proposes that recycling … Continue reading “Opposition to Mining in the U.S. May Affect Energy Transition”
The United States has been spending billions yearly for imported metals and minerals, despite the country’s abundance of various minerals in unexplored places such as Northeastern Minnesota. Many believe that what the country lacks is an efficient process that permits access to said minerals and metals. Presently, it takes roughly a decade to bring a … Continue reading “Slow Process of Approving Mining Projects May Affect America’s Strategic Interests”
Codelco, located in Chile and the biggest producer of copper in the world, has developed sustainability plans in various areas of action for its projects and operations. The plans include the mine’s aim to reduce carbon emissions by 70%, recycle 65% of its industrial waste and decrease the consumption of inland water by 60% — all … Continue reading “Biggest Global Producer of Copper Plans to Decrease Emissions by 70%”
The European Union has set in motion a scheme whose aim is to help secure access to 30 fundamental raw materials. This will be done by promoting the recycling of critical elements, especially rare earth elements (REEs), and by growing domestic production. The collaboration of 300 governments, business associations and firms will help the European … Continue reading “EU Launches Initiative to Improve Raw Minerals’ Access”
As several Americans are contemplating on mining, they usually think of their past. The Americans invented the old 1840s mine, which has been helping them to date. However, mining ought to help one think more regarding the future. It will assist you in adapting to the high-tech era. Modern technology also plays a vital role … Continue reading “Modern Technologies Make Mining Indispensable”
