Welcome to our dedicated page for United States Antimony news (Ticker: UAMY), a resource for investors and traders seeking the latest updates and insights on United States Antimony stock.
United States Antimony Corporation (UAMY) generates news around its activities in antimony, zeolite, and other critical minerals, as well as its role in North American supply chains. The company regularly issues updates on mining and processing operations in Montana, Mexico, and Idaho, highlighting developments in antimony oxide, antimony metal, antimony trisulfide, precious metals recovery, and zeolite production at its Bear River Zeolite (BRZ) facility.
Investors following UAMY news can expect coverage of operational milestones such as antimony mining activities at Stibnite Hill in Montana, including bulk sampling programs and ore shipments to contract flotation mills. The company also reports on its efforts to acquire and develop mining claims and leases in Montana, Alaska, and Ontario, Canada as it seeks to expand its antimony resource base and reduce reliance on third-party ore purchases.
Another key news theme is United States Antimony’s participation in critical mineral supply chains for defense and industrial customers. The company has announced a five-year, sole-source IDIQ contract with the U.S. Defense Logistics Agency for antimony products meeting military specifications, and a five-year supply agreement with a U.S. industrial fabric manufacturer for antimony trioxide used in flame-retardant materials. These items, along with conference call announcements and financial result releases, appear in its regular press communications.
Corporate governance and capital markets developments also feature in UAMY news, including the appointment of independent directors, formation of board committees, and registered offerings of common stock under shelf registration statements and sales agreements. For ongoing insight into United States Antimony’s operations, contracts, and strategic initiatives in antimony, zeolite, and precious metals, readers can use this news feed as a centralized source of the company’s public disclosures.
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United States Antimony Corporation (UAMY) has received a notice from the New York Stock Exchange (NYSE) indicating non-compliance due to the failure to file its Annual Report on Form 10-K for the year ended December 31, 2022. The company has until October 17, 2023 to file the report, with the possibility of a six-month extension at NYSE's discretion.
The delay is attributed to the need for additional time by third-party auditors to complete the required audit procedures and review financial statements. While this notice does not immediately affect UAMY's stock listing, the NYSE has the authority to impose delisting procedures if compliance is not achieved. Management is actively working to finalize and file the report at the earliest opportunity.
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United States Antimony Corporation (UAMY) announced that the Department of Defense (DOD) has approved its third and final sample of antimony trisulfide, crucial for munitions. The samples originated from ore at the Sierra Guadalupe mines in Zacatecas, Mexico, where UAMY acquired mining concessions in Q3 2022. This approval positions UAMY as the only North American source for antimony trisulfide for DOD applications. The Sierra Guadalupe mines historically produced high-grade antimony and will supply ore to UAMY's Puerto Blanco flotation facility for further processing.
United States Antimony Corporation (UAMY) provided its bi-monthly update for November and December 2022, reporting an antimony price of $5.76 per pound. The company achieved zero lost time or serious injuries, with no environmental incidents reported. Production figures highlight 3420 tons mined at Bear River Zeolite and 2057 tons shipped. However, operational delays affected production, notably due to a catastrophic cone crusher failure and labor bottlenecks. Despite setbacks, significant infrastructure improvements are underway, with expectations of enhanced production in the antimony and zeolite sectors. Future growth is anticipated from investment in facilities.
United States Antimony Corporation (UAMY) has scheduled an Investor Call for December 6, 2022, at 9 AM MST (11 AM EST). Interested parties can join via toll-free or international numbers provided. The call aims to discuss the company's operations and future plans, highlighting potential revenue growth and increased production. A remote replay will be available for 7 days using a specific confirmation code. However, the company cautions investors about reliance on forward-looking statements, due to inherent uncertainties and risks.