Author: backoffice

Vanadium saw a price bump in January on hopes that China’s property sector would prop up demand, but that positivity began to erode during the first half of the year as consumption remained weak. Willis Thomas, head of CRU+, said that in January prices were 5 percent higher than December’s average, reaching 91,167 renminbi per...

“This is the first significant greenfields discovery of uranium in South Australia since the Samphire Uranium Project in 2007 by the company UraniumSA,” said CEO Greg Hall in the firm’s announcement. “The thickness extent of mineralisation layers ranging up to 20m in these discovery holes is impressive for this style of mineralisation.” He added that...

While the gain was not unexpected, it marks a change from the 0.1 percent month-on-month decline seen in June. On a yearly basis, CPI increased by 2.9 percent in July, down from June’s 3 percent gain. Driving the month-on-month increase was a 0.4 percent rise in shelter costs, which the agency says accounted for nearly...

“We’ve seen one of the most significant breakouts we’ve ever seen in gold, and there’s very, very few people in this trade,” he told the Investing News Network in an interview, noting that the average person isn’t paying attention. However, that’s starting to change, with some investors at both the retail and institutional levels getting...

In June, the company initiated a 20,000 meter reverse-circulation drill program aimed at expanding Black Pine’s resource base and unlocking new areas of gold oxide mineralization. It is targeting seven new high-priority areas. At the time, Pete Shabestari, Liberty’s vice president of exploration, said the company is confident in its strategy. Liberty gained the ability...

The company is in the midst of building a fit-for-purpose processing and gold production facility at the Mount Boppy site for a cost of AU$11.6 million, a strategy it disclosed to the public last April. Previously, ore produced at Mount Boppy was taken 150 kilometres south to Manuka’s carbon-in-leach plant at the Wonawinta silver mine....

Tanzania, a global leader in uranium resources, is in a good position to establish itself as a significant player in the global nuclear energy sector. Significant Tanzanian deposits include Namtumbo (Mkuju), Bahi, Galapo, Minjingu, Mbulu, Simanjiro, Lake Natron, Manyoni, Songea, Tunduru, Madaba and Nachingwea. Of these projects, Mkuju River is the largest, boasting a mineral...

SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells Guluc-2, South Akcakoca-2, West Akcakoca-1 wells and the recompleted...

Production began on August 6 at Mine Unit 10, a previously operated unit. According to the company, uranium concentrations are meeting initial expectations and are expected to increase in the weeks ahead. The first shipment of yellowcake from the site is anticipated later this year, and is set to coincide with the company’s second fiscal...

From established players to up-and-coming firms, Canada’s pharmaceutical company is diverse and dynamic. Canadian pharma companies are working to discover and develop major innovations amidst an increasingly competitive global landscape. Rising technologies such as artificial intelligence are playing a role in the landscape as well. Year-on-year gain: 124.64 percent; market cap: C$310.38 million; share price:...