MiningNewsBreaks Archive - Page 92 of 100

TuesdaySep 22, 2020 9:54 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Marks Operations Commencement at First-Of-Its-Kind Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, on Monday marked the official commencement of operations at its Arkansas LiSTR Direct Lithium Extraction facility with a virtual ribbon-cutting ceremony and video walk-through tour of the plant. Local officials, including Arkansas Governor Asa Hutchinson, Senators John Boozman and Tom Cotton, and Representative Bruce Westerman joined Standard Lithium CEO Robert Mintak and LANXESS Corp. CEO and President Antonis Papadourakis for the virtual event. A recording of the event is available on the company’s website, YouTube channel and its other social media outlets. “It was…

MondaySep 21, 2020 10:35 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) and Penn State Team to Collaborate on US DOE Rare Earth Initiative

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, today announced that it has been advised by the U.S. Department of Energy ("DOE") Office of Fossil Energy ("FE") and the National Energy Technology Laboratory ("NETL") of their intent to award a contract to Energy Fuels, working with a team from Penn State University, to evaluate and develop a conceptual design to allow for the commercial production of mixed rare earth oxides ("REO") from coal-based resources in an environmentally benign fashion. In addition, the DOE has the option to award Energy Fuels a contract for the completion…

MondaySep 21, 2020 9:48 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Announces Commencement of Operations, Virtual Ribbon Cutting and Video Tour of LiSTR Facility

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, on Friday announced the commencement of operations at the company’s LiSTR Direct Lithium Extraction facility. According to the update, Standard Lithium CEO Robert Mintak and COO Dr. Andy Robinson and project partner LANXESS USA CEO Antonis Papadourakis will co-host a virtual ribbon cutting event and video tour of the facility at 2 p.m. ET on Monday, September 21, 2020. The virtual event will include a walk-through of the plant and extraction technology and include remarks by Arkansas Governor, Asa Hutchinson, Senators John Boozman and…

FridaySep 18, 2020 2:00 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Holds Significant Potential Inventory, Unlike Any Comparable Uranium Miner

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, has created diverse cash-flow-generating opportunities and holds key assets as the world looks to sources to generate clean power. A recent article discussing this indicates that Energy Fuels anticipates 640,000 to 690,000 pounds of uranium inventory by the end of 2020 and quotes the company’s president and CEO Mark S. Chalmers. In the piece, Chalmers states, “I can think of no other comparable uranium miner anywhere in the world that has the potential to have over $30 million of inventory value at the end…

ThursdaySep 17, 2020 1:27 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Set to Benefit as Gold Surpasses Forecast Numbers, Reaches Record Price

Kingman Minerals (TSX.V: KGS), a Canadian-listed gold miner with extensive claims in key mining jurisdictions spanning the North American continent, is ideally positioned in a market where gold recently crested the $2,000 per oz. mark. Investors looking for a safe haven in a chaotic market are sparking the record-breaking spike, with the precious metal rising by $560 an oz. already this year. And experts don’t expect the price to level out any time soon. Goldman Sachs recently revised its previous gold forecast of $2,000 per oz., announcing that it now epects that the market will see gold at $2,300 an…

WednesdaySep 16, 2020 3:35 pm

MiningNewsBreaks – Why GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) Is ‘One to Watch’

GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF) is positioning for opportunity as gold prices continue a remarkable run, in 2020 breaking above $2,000 per ounce for the first time on record. The company has recently announced acquisition agreements for multiple gold projects in Chile, including several advanced projects and assets located in the country’s prolific mining area known as the Maricunga Gold Belt. A recent article discussing the company reads, “GoldHaven Resources (formerly Altum Resources Corp.), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, recently announced its entry into agreements to acquire seven advanced gold…

WednesdaySep 16, 2020 12:40 pm

MiningNewsBreaks – Petroteq Energy Inc. ‎(TSX.V: PQE) (‎OTC: PQEFF) (FSE: PQCF) Announces Completion of Study, Confirmation of Technology’s Lower Costs and Increased Capabilities

Petroteq Energy (TSX.V: PQE) (‎OTC: PQEFF) (FSE: PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, has completed a Pre-FEED (preliminary) design for a proposed 5,000 bopd oil sands plant (single train). The study, conducted by Crosstrails Engineering LLC, a subsidiary of Valkor LLC, confirmed that an initial 5,000 bopd train can be constructed using conventional oil processing equipment at an estimated cost of $92.5 million. The study also noted that the same design, in a 2-train configuration, can be used for a proposed 10,000 bopd oil sands plant in Eastern…

TuesdaySep 15, 2020 10:09 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Other US Uranium Producers to Benefit from Extended Limitations on Russian Imports

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, announced that the U.S. Department of Commerce has finalized a deal with Russia to reduce Russian imports through 2040. The Russian Suspension Agreement extends limitations on uranium imports from Russia into the United States and is a key step toward reviving the long-term health of the U.S. uranium mining industry. The agreement was originally scheduled to expire at the end of 2020 and could have resulted in unlimited Russian uranium imports into the country. “Energy Fuels thanks the Department of Commerce for its efforts in…

ThursdaySep 10, 2020 12:55 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Leverages Innovative Production Strategy as Gold Continues Its Reign

Kingman Minerals (TSX.V: KGS), a Canada-listed gold miner with extensive claims in key mining jurisdictions spanning North America, intends to increase gold production in anticipation of rising prices. Despite recent drops, the value of gold continues to endure and set record highs as investors shift capital to “safe haven” assets like precious metals. A recent article discussing this reads, “KGS anticipated the rising trend of gold prices long before they reached this critical point, sourcing historic mining sites throughout North America as part of its production strategy aimed at extracting the remaining gold left behind by previous generations through the…

ThursdaySep 10, 2020 12:28 pm

MiningNewsBreaks – Manganese X Energy Corp. (TSX.V: MN) (FSE: 9SC2) (OTC: MNXXF) Produces High-Grade EV Battery Material with Development Partner

Manganese X Energy (TSXV: MN) (FSE: 9SC2) (OTC: MNXXF) announced that, working in conjunction with Kemetco Research Inc., the company has improved flowsheet optimization to produce high-grade battery material for the EV and stored-energy space. Manganese X Energy noted that it had received metallurgical results from Kemetco in the development process that demonstrate greater efficiency and improved economics leading to commercialization. The announcement noted that this “transformational achievement” demonstrates key resource material can be compliant with electric vehicles and other requirements. The two companies are working to produce ultra-high-purity, battery-grade manganese products for the growing electric-vehicle and energy storage sectors,…

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