Golden Minerals Co. (NYSE-A: AUMN) has signed a binding agreement to sell its Yoquivo gold-silver project in Chihuahua State, Mexico to Advance Metals Limited (ASX: AVM), an Australian Securities Exchange-listed entity focused on high-quality metals projects. Under the agreement, AVM will purchase 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de…more
Energy Fuels Inc., a Lakewood-based uranium and rare earth elements producer, has completed the acquisition of Base Resources Ltd., a heavy mineral sands and critical mineral company headquartered in Perth, Australia. The acquisition enhances Energy Fuels’ ability to restore critical mineral supply chains essential for clean energy, economic security and national defense. The acquisition includes…more
Golden Minerals Co. (NYSE-A: AUMN and TSX: AUMN) has entered into a definitive agreement to sell its wholly-owned subsidiary, Silex Argentina S.A. (“Silex”), to Butte Energy Inc. (“Butte”). Butte has agreed to purchase 100% of the issued and outstanding shares of Silex, which owns the company’s El Quevar silver project located in Salta Province, Argentina.…more
Rare Element Resources Ltd. (OTCQB: REEMF) announced that the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice for the company’s rare earth processing and separation demonstration plant in Wyoming. The notice enables formal commencement of operations once the company receives operations approval…more
Ur-Energy Inc. (NYSE American: URG) has provided updates on its Lost Creek Mine uranium operations and Shirley Basin construction, as well as revised production guidance for 2024. Ur-Energy operates the Lost Creek in situ recovery uranium facility located in south-central Wyoming and has produced approximately 2.7 million pounds of U3O8 from Lost Creek since operations…more
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) has announced that the Federal Court of Australia has approved its proposed acquisition of Base Resources Ltd. by way of a scheme of arrangement under Australia’s Corporations Act. According to the scheme, Energy Fuels will acquire 100% of the issued shares of Base. Each Base share will…more
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) announced that preparations for the restart of its Nichols Ranch uranium mine in Wyoming are progressing as planned. Initial pre-production drilling has shown stronger mineralization than anticipated. Located 80 miles northeast of Casper, in the Powder River Basin, the Nichols Ranch in-situ recovery (ISR) mine is expected…more
IPT Well Solutions has announced its involvement in five significant carbon capture and storage (CCS) projects in the United States. The projects are located in Alabama, Nebraska, Colorado and Wyoming and reflect the Golden-based company’s commitment to advancing sustainable energy solutions. The initiatives are designed to address the growing demand for effective carbon management. The…more
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) has received shareholder approval for its acquisition of Base Resources at a special meeting held in Perth, Australia. All necessary regulatory approvals for the transaction have also been obtained. Mark S. Chalmers, president and CEO of Lakewood-based Energy Fuels, said, “We are pleased that the Base shareholders…more
Golden Minerals Co. announced it has signed a letter agreement to sell Silex Argentina S.A., its wholly-owned subsidiary that owns the El Quevar Project. The letter agreement with Butte Energy Inc. stipulates that Butte will purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the El Quevar project…more
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) acquired RadTran LLC on Aug. 16 in an effort to expand its medical isotope development capabilities. Energy Fuels, based in Lakewood and known for its uranium and rare earth elements production, seeks to enhance its role in producing radioisotopes for cancer treatments through this strategic move. RadTran…more
Golden Minerals Co. (NYSE-A: AUMN and TSX: AUMN) announced the retirement of Senior Vice President and CFO Julie Weedman, effective Aug. 15, 2024. Weedman will remain available to the company on a consulting basis after her retirement. Weedman joined Golden Minerals in January 2022. “Julie has been a valued member of the Golden Minerals executive…more