FridayMay 19, 2023 3:34 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires…

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FridayApr 21, 2023 2:05 pm

MiningNewsBreaks – Why Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Is ‘One to Watch’

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) is a strategic minerals company focused on locating and developing economic properties in the strategic metals and advanced metals space. “The company aims to improve domestic specialty mineral infrastructure efficiencies to meet surging national demand from North American manufacturers, effectively positioning itself as one of the only North American suppliers of high purity natural graphite for hi-tech applications… Processing graphite domestically in the U.S. is expected to provide Reflex Advanced Materials a competitive advantage as manufacturers begin to seek out American supply in the face of increased diplomatic tension,” a recent article reads.…

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WednesdayApr 19, 2023 1:37 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Eyeing Opportunity in Multibillion Rare Oxide Market

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals separation technology company executing an ESG-centered plan to establish a comprehensive North American critical metals supply chain, is gaining attention thanks to the commissioning of its demonstration plant in Kingston, Ontario. “The company is positioning itself to fulfill North America’s unmet rare earth element (‘REE’) and rare earth oxide (‘REO’) needs through commercial production plants, with the first expected to be operational by the end of 2024 in Louisiana… Over the last few years, Ucore has invested about $10 million in the demonstration plant and its RapidSX(TM) technology. RapidSX(TM) is…

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WednesdayApr 19, 2023 12:01 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Observers Expect Copper to Become the ‘New Precious/Industrial Metal’

McEwen Mining (NYSE: MUX) (TSX: MUX) owns 51.9% of McEwen Copper, a base metal developer that is looking to solve the copper supply bottleneck by advancing its 100%-owned Los Azules Project in the San Juan province of Argentina. The project hosts a copper-gold-silver deposit whose ultimate depth and lateral extent are yet to be fully determined. “A more recent Preliminary Economic Assessment (‘PEA’) completed in 2017 highlights the project’s robust economics. The project’s average annual production throughout the first 13 years of operation is expected to be about 415 million pounds of copper at a cash cost of $1.14 per…

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WednesdayApr 12, 2023 3:03 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Anticipates Putting RapidSX(TM) to Work at Commercial Scale

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals production tech innovator, recently welcomed dozens of industry and government visitors for a demonstration of its RapidSX(TM) rare earth element (“REE”) separation process. “Ucore Rare Metals hosted private tours and demonstrations of the operational advantages of RapidSX(TM)’s 52-stage REE separation procession system in early March at the company’s Ontario, Canada-based Commercialization and Demonstration Facility (‘CDF’). The company anticipates putting the RapidSX(TM) process to work on a commercial scale at its first Strategic Metals Complex (‘SMC’) in Louisiana, in the southern United States, which will begin construction later this year,” a…

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MondayApr 10, 2023 12:08 pm

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Leveraging Kay Mine Project to Catch the Eye of Mid-Tier Base and Precious Metal Producers

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company engaged in advancing precious and base metal deposits, chose potential historical high-grade copper deposits in Arizona, a stable jurisdiction with a long history of mining copper. “In the Fraser Institute’s annual survey, Arizona and Nevada persistently score among the world’s most attractive mining jurisdictions due to the efficient permitting process and the faster timeline for drilling and development, which help decrease the projects’ risks and reduce exploration costs. Marc Pais, the president and CEO of Arizona Metals Corp., claims that the rapid deployment of drills is another feature of the…

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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…

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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…

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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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TuesdayMar 28, 2023 1:01 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Positioned to Capitalize on Forthcoming Resources Discoveries

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently commenced trading on the Toronto Stock Exchange (“TSX”). “The upgrade [from the TSX Venture Exchange] in its stock listing marks the latest feat for Eloro Resources, with the company having announced earlier in January that it had concluded its fully underwritten primary share placement, raising total gross proceeds of C$10,919,570. At the time, the company revealed that the net proceeds derived from the offering would be destined toward exploration and development purposes…

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