MondayAug 03, 2020 12:11 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q2 2020 Results, to Host August 5 Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR), on Friday reported its financial results for the quarter ended June 30, 2020. In addition, the company announced that it will host a webcast at 11:00 am ET (9:00 am MT) on Wednesday, August 5, 2020 to review these results. Interested parties may join the webcast by dialing 1-888-664-6392 (toll free in the U.S. and Canada) or by visiting the following link: http://nnw.fm/qH0OR. “Energy Fuels continued to consolidate our position as the clear leader in U.S. uranium production in Q2-2020, and we made significant progress in diversifying into rare earth element production,” Mark…

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ThursdayJul 30, 2020 9:59 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces New Financing, Amendment to Securities and Shares for Debt

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, on Wednesday announced the receipt of an irrevocable subscription agreement from an arm’s length lender. According to the update, the agreement was for a $150,000 principal amount (including a 20% original ‎issue discount) convertible debenture and warrants exercisable for up to ‎3,033,980‎ common shares ‎of the company at $0.0412 per share for 12 months. The debenture will bear no interest and have a term of 12 months. At the holder’s option, the purchase price of the debenture…

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WednesdayJul 29, 2020 12:43 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Prepares to Enter Sector as REEs Gain ‘Hot-Topic’ Status

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium producer in the United States and the leading producer of vanadium, finds itself in an ideal position as the company prepares to enter the rare earth elements (“REE”) sector. Earlier this year, Energy Fuels announced its entry into REEs — a space with growing interest that was highlighted in a recent “Forbes” article, which reads, “[REEs are] an awfully hot topic right now for two reasons. First, they’re increasingly in demand for critical modern technologies, ranging from computer hard drives and cell phones, to new-tech applications such as batteries for…

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TuesdayJul 28, 2020 1:16 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Utilizing Next-Gen Tech to Unlock Proven Reserves

Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, uses modern technology to extract remaining wealth left behind by previous generations. KGS is favorably positioned to benefit from the current bullish nature of the gold sector, which has seen its strongest gains since 2010 with the upward trajectory expected to continue. A recent article discussing this reads, “KGS is leveraging this trend through the acquisition and development of historic gold mining sites, extracting the remaining wealth safely and cost efficiently by using new, innovative technologies unavailable to…

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TuesdayJul 28, 2020 12:15 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Progress, Plans at Its Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B), on Monday summarized progress during the first half of 2020 and its exploration and development plans for the coming 12 months at the Bullfrog Project (“Project”) located 125 miles NW of Las Vegas, Nevada. Among highlights provided in the update, a key 2020 event was the C$2.0 million private placement completed in mid-January that funded Company and Project obligations while achieving main objectives and advancing the Project. Subject to funding, exploration and development plans for the next 12 months mainly include design, securing permits and completion of the next drill program,…

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SundayJul 26, 2020 3:00 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Sitting Pretty as Gold Prices Increase 15% in 2020

Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, is strongly positioned as a safe investment opportunity amid the current financial climate. According to a Yahoo Finance article, gold prices have increased 15% in 2020, exceeding the threshold of $1,700 per ounce for the first time in seven years (http://nnw.fm/xFmr6). A recent article discussing the company reads, “The Yahoo article, titled ‘Gold Mining Stocks’ Outlook Bright on Coronavirus Fears,’ noted that, because of COVID-19, the global economy has been upended, resulting in gold seeing its best performance…

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FridayJul 24, 2020 12:40 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Looks North to Increase Gold Production on Historic Sites

Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, is positioned for opportunity in an uncertain time characterized by record unemployment, stock market volatility and trillion-dollar stimulus packages. As the economic landscape goes south, Kingman focuses on promising sites up north as investors look to precious metals as a defensive measure against inflation, currency devaluation and the falling value of less-tangible assets. The company’s focus was highlighted in a recent article, which reads, “KGS is leveraging this challenging economic situation by increasing gold production on historic gold…

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ThursdayJul 23, 2020 2:27 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Drilling for Hidden Treasure as Gold Climbs

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) is drilling for the glittery lining as the price of gold climbs to more than $1,800 an ounce. A recent article discussed Bullfrog Gold’s efforts to uncover more of the high-priced commodity, which reads, “The company recently completed a drill program at its Nevada Project in the Bullfrog Gold District with encouraging results. Most of the drilling was in the Mystery Hill area where thick intervals of gold mineralization were intercepted. As assay results continue to come in, Bullfrog is hoping that the property, which produced 2.3 million ounces from 1989…

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TuesdayJul 21, 2020 3:00 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned to Capitalize as World Goes Nuclear

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, looks to be well positioned to capitalize on recent attention to nuclear power. Two major international organizations, the International Energy Association (“IEA”) and OECD Nuclear Energy Agency, are key drivers of this recent push, recognizing immense benefits of nuclear energy for both economic recovery and post-COVID-19, energy-supply resilience. A recent article discussing the company reads, “With more uranium production facilities and capacity, as well as more in-ground resources, than any other company in the country, UUUU has produced more than one-third of all U.S. uranium…

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MondayJul 20, 2020 9:55 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Significant Investments

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that both Valkor Engineering and Petroteq’s Chairman Alex Blyumkin have agreed to invest in the Company at a premium to the public market price of its common shares. According to the update, Blyumkin has delivered an irrevocable subscription agreement for US$600,000 for 15,000,000 common shares of Petroteq, each at a price of US$0.04 – a 20% premium to the current market price. In addition, Petroteq’s strategic technology partner, Valkor Engineering, has agreed to complete a…

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