Golden-based Golden Minerals Co. (OTCQB: AUMN and TSX: AUMN) has sold its wholly-owned Mexican subsidiary, Minera de Cordilleras, S. de R.L. de C.V. to a privately held Mexican company for consideration of US $600,000. The sale agreement was signed on April 1. Upon consummation of the transaction, Minera Cordilleras held net operating losses, inflation-adjusted capital...
Rare Element Resources Ltd. (RER) received a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM) for debt financing of up to $553 million for the Bear Lodge Project in Wyoming. The funding aims to support the project’s permitting, engineering design and construction. This announcement coincides with President Donald Trump’s Executive...
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) and The Chemours Co. (NYSE: CC) have formed a strategic alliance aimed at enhancing U.S. domestic rare earth and critical mineral supply chains. This partnership is designed to address the increasing demand for these resources by leveraging the complementary geographic and operational strengths of both companies. Energy...
Energy Fuels Inc., a Lakewood-based producer of uranium and rare earth elements, announced a strategic Memorandum of Understanding (MOU) with South Korea-based POSCO International Corp. This collaboration aims to establish a non-China rare earth element (REE) supply chain for electric vehicle (EV) and hybrid EV drivetrains, targeting automakers in the U.S., E.U., Japan and South...
Ur-Energy Inc. (NYSE American:URG)(TSX:URE) has announced updates regarding its uranium production and development projects, underscoring its position as a key player in the US uranium sector. The company’s operations are centered around the Lost Creek in situ recovery (ISR) uranium project in south-central Wyoming and the under-construction Shirley Basin ISR project, which is expected to...
Energy Fuels Inc. and the Navajo Nation Department of Justice and Environmental Protection Agency have signed a landmark agreement governing the transport of uranium ore and the cleanup of abandoned uranium mines. Energy Fuels plans to resume ore transport from its Pinyon Plain Mine in Arizona to its White Mesa Mill in Utah in February...
Littleton-based Rare Element Resources Ltd. has provided a progress update on its rare earth processing and separation demonstration plant located in Upton, Wyoming. The company announced that the plant is currently in the final stages of commissioning, with initial production expected by the end of the first quarter of 2025. The Demonstration Plant, designed to...
Golden-based IPT Well Solutions, in collaboration with Providence Operating and Baker Hughes, completed a successful drilling campaign encompassing nine wells with zero trips. This achievement highlights operational efficiency and performance, with the project featuring challenging well geometries, including high tangents in vertical sections and extended laterals exceeding two miles. The drilling program accomplished several key...
Wheat Ridge-based Solitario Resources Corp. (NYSE American: XPL; TSX: SLR) announced notable drilling results from its Golden Crest Project, intersecting significant gold mineralization in drill hole GC-008. This hole encountered mineralization in the lower Deadwood rock formation with an average gold grade of approximately 1.0 gram per tonne (“gpt”) over a length of 41.0 meters....
Golden Minerals Co. has received notification from the NYSE American LLC that the Exchange determined to commence proceedings to suspend and delist the company’s common stock. The delisting is due to the Golden-based company’s non-compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide, which require the company to report stockholders’ equity...
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) has entered into a Memorandum of Understanding (MOU) with the Government of Madagascar regarding the Toliara titanium, zirconium and rare earth elements project located in southwestern Madagascar. The MOU follows the lifting of a suspension on the Toliara Project by the Madagascar Council of Ministers on Nov....
The Madagascar Council of Ministers has lifted the suspension of Energy Fuels Inc.’s Toliara critical minerals project, allowing the Lakewood-based company to continue development. The suspension had been in place since November 2019. Energy Fuels acquired the Toliara Project along with Base Resources in October 2024. Mark S. Chalmers, President and CEO of Energy Fuels,...