Ares Strategic Mining is pleased to announce that the Company has completed the tailings storage facility design work for its upcoming manufacturing and processing fluorspar operation in Delta, Utah, United States. Knight Piésold and Co. was retained by Ares to provide engineering services for the TSF design and provide support for the [...]
Ares Strategic Mining is a fluorspar mining company focused on developing North American fluorspar properties into manufacturing operations. Ares is a well-supported company focusing on the exploration, production, and supply of metallurgical and acidspar grades of fluorspar for the steel and aluminum industries, chemical industries, and [...]
Ares Strategic Mining Inc. The Utah Economic Council reported in their 2023 Economic Report to the Utah Governor, that "Utah is poised to become the nation's only fluorspar producer as Ares Strategic Mining revives the Lost Sheep mine, Utah's largest historical producer of fluorspar." James Walker, President and CEO of the Company said, "Ares has [...]
Ares Strategic Mining is very pleased to announce it has completed development and construction work on its Millard County rail spur, opening up the United States and North America for delivery of the Company's future industrial products. Ares has completed structural design, mechanical design, electrical design, stormwater lift station design [...]
Ares Strategic Mining is pleased to announce that it has fully completed the purchased, and received title, of a 48-acre, industrially zoned manufacturing site for its upcoming fluorspar processing operation. The Property is located in Delta, Utah, the closest city to the Company's Spor Mountain fluorspar project. The Property is already fitted [...]
Ares Strategic Mining possessing the only permitted fluorspar mine in the United States, is pleased to announce it has closed a loan of $4,420,000 USD from the U.S. Department of Agriculture under its Business and Industry Guaranteed Loan Program. The B&I program is deployed by the Federal Government to promote rural development and higher paying [...]
Ares Strategic Mining is pleased to announce its partnership with Set2Close to build out a sales development plan to accompany the Company's anticipated Utah expansion plans. Ares and Set2Close will work together to realize and achieve Ares' goals, and ensure it has the resources necessary to fluidly upscale. As part of the transaction the Company [...]
Ares Strategic Mining is pleased to announce that, further to its news release dated Nov 22, 2022, it has closed the second tranche of a non-brokered private placement offering of secured convertible debentures of the Company for aggregate proceeds of $45,980.00. The proceeds will be used by the Company to advance its expansion plans and develop [...]
Ares Strategic Mining Inc. is pleased to announce that, further to its news release dated November 22, 2022, it has closed the first tranche of a non-brokered private placement offering of secured convertible debentures of the Company for aggregate proceeds of $643,005.00. The principal sum of the Debentures totals $1,169,100, and will bear [...]
Ares Strategic Mining wishes to announce that it intends to undertake an offering of secured convertible debentures in the aggregate principal amount of $1,000,000, for the purposes of a potential mine acquisition. The Company intends to use the majority of the proceeds of the Debentures to finance potential acquisitions of assets or businesses in [...]
Ares Strategic Mining Inc. announces that it entered into a binding letter of offer with a court-appointed monitor to acquire certain mineral resources entities pursuant to proceedings initiated by the Target Entities under the Companies' Creditors Arrangement Act. The financial terms of the CCAA Acquisition are subject to a sealing order of the [...]
Ares Strategic Mining Inc.is pleased to announce that, further to its news release dated September 27, 2022, it has entered into an arrangement agreement with its wholly-owned subsidiary, Enyo Strategic Mining Inc. , pursuant to which the Company intends to: transfer all of its right, title and interest in and to its Liard property and Vanadium [...]