#ExploringMining #Podcast Episode 151 – #Mining #Stock News from (NYSE: $KL) (NYSEAmerican: $UEC) (NYSEAmerican: $SMTS) (CSE: $CRS.C)
Point Roberts WA, Delta BC, March 16, 2021Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition ofExploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading experts.
Listen to the podcast:
“With today’s results, we are increasingly confident that a large continuous deposit is situated along the Detour Mine Trend (“DMT”) that extends from the Main Pit, through the Saddle Zone and continues beyond the West Pit location. We are also extremely encouraged by the wide, high-grade intersections being reported at depth across the Saddle Zone, which confirm the potential for strong growth in Mineral Resources and Mineral Reserves in support of future open-pit and as well as underground mining.”
Uranium Energy Corp. (NYSEAmerican:UEC) has filed a quarterly report including the company’s condensed consolidated financial statements, which indicate $65.8 million in cash and equity holdings. The company is also establishing a physical uranium inventory initiative aimed to: bolster its balance sheet as uranium prices appreciate, provide strategic inventory to support future marketing efforts with utilities that could compliment production and accelerate cash flows, and increase the availability of the company’s Texas and Wyoming production capacity for emerging U.S. origin specific opportunities. Amir Adnani, Uranium Energy Corp.’s CEO and President, said:
“With $65.8 million in cash and equity holdings, UEC has the balance sheet strength to lead U.S. uranium production higher at the most critical time for the domestic industry since the inception of the civilian nuclear power program began in the 1950s. Nuclear power is the second largest source of electricity generation in the U.S. and its largest source of carbon-emission free electricity. America is also the largest consumer of uranium in the world, yet there is no uranium currently mined domestically.”
Sierra Metals Inc. (NYSEAmerican:SMTS) has received an Informe Tecnico Sustentatorio (ITS) permit from the Peruvian Ministry of Environment, which according to the press release is “the second to last step for the Company on receiving approval to increasing the permitted throughput of the Chumpe Plant, located at the Yauricocha Mine, to 3,600 tonnes per day.” Luis Marchese, CEO of Sierra Metals, said:
“The Company may now submit the required documentation for an Informe Tecnico Minero ("ITM") permit, which is the final step in the process to permit an increased throughput at Yauricocha to 3,600 TPD. The Company expects to receive the ITM permit in the second quarter of 2021. This permit would allow a 20% increase in throughput and assist the Company in maintaining its annual production guidance.”
Crestview Exploration Inc. (CSE:CRS) has staked an additional 40 claims at the recently acquired Cimarron gold prospect in Nye County, Nevada. This makes for a total of 53 claims held at the Cimarron project. J.A. Lowe, Crestview's Vice-President Exploration, said:
"These 40 new claims represent a significant increase to our land position at the Cimarron gold prospect. The data we have reviewed at our core claims suggests that mineralization is strongly associated with North-South structures, and we believe there is opportunity to find extensions of these or parallel structures on the newly staked claims."
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
Visit the Podcast page at Investorideas.com:
Investorideas.com Investing and trading ideas Podcasts about bitcoin, blockchain, biotech, cannabis, cleantech, sports, mining, tech, support and resistance trading, now on iTunes, Spotify, Google Play Music, iHeart.com, Spreaker, SoundCloud
Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.comGold Stocks, Mining stocks directory of TSX, TSX Venture, OTCBB, AMEX, NYSE,AIM, ASX stocks at Investorideas.com
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles,podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns :Crypto Corner ,Play by Play sports and stock news column,Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,Cleantech and Climate Change ,Exploring Mining theAI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: InvestorIdeas - Disclaimer, full disclosure, compensation disclosure Learn more about publishing your news release and our other news services on the Investorideas.com newswire Investorideas.com Stock News, Newswire, press release, social media and ticker tag articles services for TSX stocks, CSE.com stocks, NYSE stocks, NASDAQ stocks, OTC stocks and tickertagstocknews.com
Follow us on FacebookLog into Facebook
Follow us on YouTubeInvestorIdeas.com - news that inspires big ideas
Download ourMobile App for iPhone and Android
Join our Investor ClubJoin Investorideas.com and get investing podcasts and ideas for cannabis, cleantech and climate change, artificial intelligence, crypto and blockchain, vegan, mining, and esports stocks
Contact Investorideas.com to be a guest or sponsor this podcast
Get more mining stock investor ideas- news, articles, podcasts and stock directories
Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.