Comstock Mining

Comstock, Inc. engages in the exploration and development of mineral properties. It operates through the following segments: Production and Sale of Renewable Energy Products, and Strategic and Other Investments. The Production and Sale of Renewable Energy Products segment sells biomass-derived carbon neutral oil, ethanol, gasoline, renewable diesel, jet fuel, marine fuel, and other renewable replacements. The Strategic and Other Investments segment includes all other activities, including real estate, mining, and equity method investments. The company was founded in 1999 and is headquartered in Virginia City, NV.

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Comstock Mining (LODE) excels in strategic partnerships and technological advancements

Comstock Mining demonstrates resilience and innovation in its business operations, leveraging partnerships and technological advancements to drive growth. Addressing funding needs and regulatory compliance will be crucial for sustained success and market competitiveness.

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Comstock, Inc. engages in the innovation, commercialization, and development of technologies that enable systemic decarbonization by converting under-utilized natural resources into renewable energy products. It operates through the following segments: Fuels, Metals, Mining, Strategic Investments, and Corporate and Other. The Fuels segment develops and commercializes technologies that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. The Metals segment is involved in recycling metals from other electronic devices, such as end-of-life batteries and fuel cells at later stages of development and production. The Mining segment focuses on leases, licenses, and related fees. It is administered by Comstock Mining LLC, and various other subsidiaries that collectively own or control twelve square miles of properties of patented mining claims, unpatented mining claims, and surface parcels in Northern Nevada. The Strategic Investments segment represents investments and projects that are strategic to plans and the ability to produce and maximize throughput in fuels, metals, and mining segments. The Corporate and Other segment includes corporate functions and services, including research and development activities that are ongoing outside of the business activities related to fuels, metals, mining, and strategic investments segments. The company was founded in 1999 and is headquartered in Virginia City, NV.

VIRGINIA CITY, Nev., Nov.  25, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (“Comstock” or the “Company”) (NYSE American: LODE) today provided a strategic overview and updates on key components of the Company’s strategic objectives.

Comstock Mining Provides Strategic Overview and Updates; Value Proposition, Strategic Initiatives and Reverse Stock Split

VIRGINIA CITY, Nev., Nov.  20, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (“Comstock”) (NYSE American: LODE) and Mercury Clean Up (“MCU”) today announced that Comstock recently received approval for an Engineering Design Change (“EDC”) from the Nevada Division of Environmental Protection (“NDEP”) approving the Mercury Remediation Pilot Test Plant located within Comstock's existing leach pad.

Comstock Mining Receives Permit Modification; Provides Updates on Mercury Remediation Growth Initiatives

VIRGINIA CITY, Nev., Nov.  19, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (“Comstock” or the “Company”) (NYSE American: LODE) today announced the closing of the sale of the Lucerne mine to Tonogold Resources Inc. (“Tonogold.”)

Comstock Mining Closes on Lucerne Sale; Receives Cash and Stock From Tonogold

Comstock Mining Inc. (LODE) CEO Corrado De Gasperis on Q3 2019 Results - Earnings Call Transcript

VIRGINIA CITY, Nev., Oct.  29, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company”) (NYSE American: LODE) today announced selected unaudited financial results for the fiscal quarter ended September 30, 2019.

Comstock Mining Announces Third Quarter 2019 Results; Positive Q3 Net Income, Record Lowest Costs and Continued Debt Reduction

VIRGINIA CITY, Nev., Oct.  15, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (“Comstock”) (NYSE American: LODE) announced today that it has agreed to extend the closing deadline on the sale of Lucerne to Tonogold Resources, Inc. (“Tonogold”) until October 31, 2019. Tonogold has agreed to an additional non-refundable cash deposit of  $300 thousand and provided for an additional, non-refundable stock-based fee totaling $250 thousand. With this extension, Tonogold will have paid non-refundable cash deposits totaling $4.225 million plus $5 million in non-refundable Convertible Preferred Stock (“CPS”). The CPS is convertible at the lowest of Tonogold’s (1) 20-day volume-weighted closing price prior to conversion, (2) most recent private placement or (3) public offering price.

Comstock Mining Lucerne Closing Update

VIRGINIA CITY, Nev., Oct.  01, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Comstock” or “Comstock Mining”) (NYSE American: LODE) today announced selected strategic business updates. 

Comstock Mining Provides Strategic Update; Opportunity Zone Fund, Mercury Remediation and Lucerne Sale

VIRGINIA CITY, Nev., Sept.  23, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (“Comstock” or “Comstock Mining”) (NYSE American: LODE) announced today that Tonogold Resources, Inc. (“Tonogold”) has agreed to a closing date of October 15, 2019, on the sale of Lucerne and delivered non-refundable stock-based fees totaling $830 thousand that have been paid timely. Tonogold also recently paid $575 thousand in non-refundable cash deposits bringing total cash deposits to $3.925 million plus $3.50 million in non-refundable Convertible Preferred Stock (“CPS”), for a grand total of $7.425 million in cash and stock paid toward the purchase price. Comstock has also received additional stock fees of $1.25 million, bringing total non-refundable payments to $8.675 million. Comstock currently holds $4.75 million in CPS, convertible at the lowest of Tonogold’s (1) 20-day volume-weighted closing price prior to conversion, (2) most recent private placement or (3) public offering price.

Comstock Mining Schedules Lucerne Closing for October 15; Non-Refundable Payments of Over $8.67 million Paid-To-Date

VIRGINIA CITY, Nev., Sept.  04, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company” or “Comstock Mining”) (NYSE American: LODE) announced a number of salient updates on its collaboration with Oro Industries Inc. (“Oro”), and the newly formed company called Mercury Clean Up LLC (“MCU”), for the manufacture and global deployment of mercury remediation systems with proprietary mechanical, hydro, electro-chemical and oxidation processes to reclaim, treat and remediate mercury from tailings and industrial effluents.  

Comstock Mining Updates Mercury Remediation Venture

VIRGINIA CITY, Nev., Sept.  03, 2019  (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced today the appointment of Mr. Juan Carlos “JC” Giron Jr., CFS, as its Chief Financial Officer and President. Mr. Giron joins the Company with strong financial, capital markets, strategic planning, corporate and business development and compliance experience, having worked in critical financial and capital market roles for UBS Global Wealth Management and in strategic development roles for Hydrus Technology Holdings (“Hydrus”), an industrial water purification technology company providing wastewater treatment services to oil and gas, mining and other industrial segments.  Hydrus is a privately held company, participating in sustainable, industrial, economically-viable water remediation processes and services. Comstock has positioned itself as a leader in servicing new markets with closed-loop, effective, economically feasible, zero-waste clean technologies.

Comstock Mining Appoints Chief Financial Officer and President; Announces Annual General Meeting Date

Comstock Mining Inc.'s (LODE) CEO Corrado De Gasperis on Q2 2019 Results - Earnings Call Transcript

Comstock Mining's (LODE) CEO Corrado De Gasperis on Q1 2019 Results - Earnings Call Transcript

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