MiningNewsBreaks Archive - Page 86 of 100

MondayFeb 01, 2021 1:42 pm

MiningNewsBreaks – Josemaria Resources Inc.’s (TSX: JOSE) (OTC: JOSMF) Project Makes Short List as Leading Gold Mining Company Eyes Copper Business Expansion

Josemaria Resources (TSX: JOSE) (OTC: JOSMF), a natural resources company offering an advanced-stage copper-gold deposit project located in Argentina, has made the list of potential acquisitions Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) is considering, according to a “Dear Retail” article (https://ibn.fm/0t0Gf). According to the article, Barrick currently owns a copper mine in Zambia as well as interests in two additional projects, one in Chile and one in Saudi Arabia. However, Barrick’s copper output is relatively small and certainly “no match for copper giants like BHP, Glencore, Freeport-McMoran and Anglo American.” According to the article, titled “Why Barrick Gold (NYSE:…

MondayFeb 01, 2021 11:08 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Announces Results from Platosa Mine Drilling

Excellon Resources (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) has released the results of its recent underground expansion and exploration drilling project at its Platosa Mine in Durango, Mexico. The project is designed to define and discover new mineralization in the Gap Zone, an area of the Platosa deposit that has never before been effectively drilled from the surface. The area has 300 meters of potential mineralized strike to be explored. Results of the drilling indicate a significant opportunity to add additional mineralization along a target approximately 300 meters along strike with a vertical extent of 30 to 40 meters. In…

MondayFeb 01, 2021 10:39 am

MiningNewsBreaks – Josemaria Resources Inc. (TSX: JOSE) (OTCQB: JOSMF) Provides Update on Shares, Voting Rights

Josemaria Resources (TSX: JOSE) (OMX: JOSE) (OTCQB: JOSMF), a Canadian natural resources company based in Vancouver, British Columbia, whose current focus is on advancing the development of its wholly owned Josemaria copper-gold mining project, has reported an increase in common shares with voting rights. In accordance with the Swedish Financial Instruments Trading Act, the company announced that, as of Jan. 29, 2021, the number of issued and outstanding shares of the company has increased to 302,218,009 common shares with voting rights. The increase is a result of the issuance of common shares pursuant to the terms of previously announced credit facilities.…

MondayFeb 01, 2021 9:00 am

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) CEO Participates in Online TD Securities Mining Conference

Uranium Energy (NYSE American: UEC) president and CEO Amir Adnani was a participant in the virtual TD Securities Mining Conference held Jan. 28, 2021. As part of his participation, Adnan was featured in a live webcast that started at 3:20 p.m. ET. The presentation was recorded and is available on the company’s website for all interested viewers. Headquartered in South Texas, UCE is a U.S.-based uranium mining and exploration company with projects Texas, Wyoming, Arizona, New Mexico, Colorado and Paraguay. Its Reno Creek Project in Wyoming is the largest permitted, preconstruction in-situ recovery (“ISR”) uranium project in the United States.…

FridayJan 29, 2021 1:44 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Strategic Partnership to Reestablish US REE Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, is positioned in what could be called a milestone moment in re-establishing a fully integrated rare earth element (“REE”) supply chain in the United States. The company recently announced a three-year supply agreement with the Chemours Company (NYSE: CC), under which it will receive a minimum of 2,500 tons of natural monazite ore per year, one of the highest-grade rare earth element (“REE”) minerals in the world. Energy Fuels will process this monazite at its 100%-owned White Mesa Mill in Southeast Utah to produce a marketable mixed…

FridayJan 29, 2021 8:00 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (EXN.WT) (NYSE: EXN) (FRA: E4X2) Announces Strong Q4 2020 Silver Production

Excellon Resources (TSX: EXN) (EXN.WT) (NYSE: EXN) (FRA: E4X2) has announced fourth quarter and annual 2020 production results from the Platosa Mine in Durango, Mexico. Among other highlights, the company reported an 18% increase in silver-equivalent (“AgEq”) production to 556,332 AgEq oz. “Our Platosa Mine continued to deliver strong production in Q4 2020 after our restart of operations in late Q2, with another quarter of near record mined and milled tonnage,” stated Brendan Cahill, president & CEO of Excellon Resources. “The numerous improvements we have made to the operation are bearing fruit and we continue to identify additional areas for…

WednesdayJan 27, 2021 3:26 pm

MiningNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Names Audi Retired VP Terence Johnsson to Board

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has announced that Terence Johnsson has joined its Board of Directors. An automotive executive with global experience, Johnsson is a retired vice president from Audi AG, General Motors and Volkswagen AG and has racked up more than three decades of professional sales experience at top levels of these large automotive manufacturers. After retiring, Johnsson turned his hand to supporting start-ups focused on implementing new technologies and reinventing sales channels for the emerging electric vehicle industry. Johnsson plans…

WednesdayJan 27, 2021 11:12 am

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Conference Attendance, Hiring of Drillex Chile SpA for Drill Program

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, has hired Drillex Chile SpA for its upcoming phase 1 drill program. Drillex has more than four decades of experience in exploration and resource-definition drilling and is led by an impressive executive team. The addition of Drillex to GoldHavens’ world-class geological team marks GOH’s commitment to its drilling program. The company noted in the announcement that in order to unlock the potential of its high-priority project, it needed the right exploration team and the right drill-contractor. The company anticipates that…

FridayJan 22, 2021 10:20 am

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Preparation for Drilling at Rio Loa Property, Trenching Programs at Coya, Alicia and Roma Properties

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, has announced it is working to complete preparations for 5000m Phase 1 drilling to begin on its Rio Loa property. In addition, the company is preparing to conduct trenching programs at its Coya, Alicia and Roma projects; those programs will include rock sampling and geophysics. The company reported that earlier trenching conducted at Rio Loa exposed hydrothermal breccias, a key finding because hydrothermal breccias form host rocks to gold and silver mineralization found in deposits similar to Gold Field's Salares…

WednesdayJan 20, 2021 10:08 am

MiningNewsBreaks – Bullfrog Gold Corp. (OTCQB: BFGC) (CSE: BFG) (FSE: 11B) Announces Name Change, Share Consolidation, Board Appointment

Bullfrog Gold (OTCQB: BFGC) (CSE: BFG) (FSE: 11B), a Delaware corporation engaged in the acquisition, exploration and development of gold and silver properties in the United States, has changed its name. The company confirmed that it will begin trading under the name Augusta Gold Corp. with its trading symbol on the Canadian Securities Exchange also changing to G (“G”). In addition, the company announced that Len Boggio had also been named to BFG’s board of directors, effective immediately. A former partner of PricewaterhouseCoopers LLP (“PwC”), Boggio was at PWC for more than three decades. He retired in 2012. While at PWC he…

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