Ares has procured essential heavy mining equipment to progress its flagship fluorspar project in the United States. This acquisition reinforces Ares' position as a key supplier of high-grade fluorspar, December 19, 2024 - Ares Strategic Mining Inc. is pleased to announce the acquisition of the heavy mining equipment critical to the advancement of [...]
Ares was included as subcontractor within one the six wining bids to support the Department of Energy's mission to increase the United States' production capacity of Low Enriched Uranium . The $3.4 billion dollar facility will be open to the six Prime Contractors and their subcontractors for the next 10 years, December 16, 2024 - [...]
The plant will be the only operation of its kind in the U.S. - Ares Strategic Mining Inc. is pleased to announce the arrival of its state-of-the-art flotation plant at the Company's industrial site in Delta, Utah. This facility will be the first of its kind in the United States, representing a major milestone in domestic mineral processing and [...]
15 containers of heavy machinery and plant components have been shipped. The plant will be the first of its kind in North America. Once operational, November 4th, 2024 - Ares Strategic Mining Ltd. is pleased to announce that the Company has shipped its new flotation plant. The plant, which features state-of-the-art flotation technology, will be the [...]
Ares Strategic Mining Inc. is pleased to announce that it has closed the second tranche of its previously announced offering of units by issuing 765,170 Units at a price of $0.18 per Unit, for aggregate gross proceeds of $137,730.60. On August 22, 2024, the Company announced a non-brokered private placement offering of Units at a price of $0.18 per [...]
The plant will be the only one of its kind in the United States. The constructed plant will be the only domestic producer of this critical mineral and high-grade industrial product. Extensive domestic and international interest in the new plant's output and products. Ares Strategic Mining Ltd. is pleased to announce that the fabrication of its [...]
Ares Strategic Mining Inc. , is pleased to announce a significant equity investment from Sorbie Bornholm LP , a UK-based institutional investor renowned for supporting high-growth potential companies. Sorbie's investment represents a strategic partnership that aligns with Ares Strategic Mining's vision of transforming from a mining company into a [...]
Ares Strategic Mining Inc. is pleased to announce that it has closed the first tranche of its previously announced offering of units by issuing 9,017,772 Units at a price of $0.18 per Unit, for aggregate gross proceeds of $1,623,198.96. On August 22, 2024, the Company announced a non-brokered private placement offering of Units at a price of $0.18 [...]
Ares Strategic Mining Inc. is pleased to announce a non-brokered private placement offering consisting of a minimum of 2,777,778 units of the Company and a maximum of 11,666,667 Units at a price of $0.18 per Unit for gross proceeds of a minimum of $500,000 and a maximum of $2,100,000 . Each Unit shall consist of one common share in the capital of [...]
Ares begins preparations to install a ventilation system to allow for mining activities to commence. The mined product will provide feed for the lumps plant currently under construction at Ares' processing site. The completion of the mine installations is planned to coincide with the completion of the lump's construction and provide first revenue [...]
Vancouver, June 18, 2024 - Ares Strategic Mining Inc. wishes to announce that, further to its news release dated May 10, 2024, it has filed an amended and restated offering document in connection with its previously announced non-brokered private placement offering of a minimum of 5,555,555 units and a maximum of 22,222,222 units of the Company at [...]
Ramp closes on fluorspar mineralization zones. The ramp installation clears clay deposits, June 10th, 2024 - Ares Strategic Mining Inc. , is pleased to announce the Company has accelerated its mineworks installations, bringing the Company closer to its first mining activities at an industrial scale for the first time at the Spor Mountain district [...]