Category: investingnews

Multiple high priority uranium targets have been defined at the Elliot Lake Uranium Project by re-processing of geophysical data combined with recent geological data review (see NickelX ASX announcement dated 21st February 2024). The geophysical data reprocessing has highlighted strong U2/Th ratio radiometric anomalism both within, and interpreted to trend into, the Company’s Kirkpatrick, Inspiration...

The company is planning a 2024 drill program at Mkuju focusing on the South West Corner (SWC), Mtonya and Likuyu North targets. The 2024 drilling program will commence with initial core drilling at the SWC target, where 2023 trenching revealed up to 7,139 parts per million (ppm) U3O8. Additionally, drilling at Mtonya and Likuyu North...

Messrs. Anthony Maslin and Ben Cole subscribed for a total amount of $370,000 and $100,000, respectively. For every two (2) Tranche 2 Placement Shares subscribed, one (1) free-attaching Tranche 2 Placement Option will be issued with an exercise price of $0.03 each and an expiry date of 24 months from the date of issue. The...

Anax’s Managing Director, Geoff Laing commented: “The Anax team has applied the considerable knowledge and learnings, including from the Whim Creek heap leach programme over the last three years, to deliver outstanding outcomes in this preliminary round of test work. Heap leaching of copper oxide and transitional ores is commonly practiced, and the Sulphur Springs...

Attendees at the ceremony included the Presidential Delegate of the Atacama Region, Luis Pino, Regional Councillor Javier Castillo; CORFO Director Rosa Román; CORPROA President Andrés Rubilar; miners’ union president Joel Carrizo; indigenous community representatives Christián Milla and Ercilia Araya, who also spoke at the ceremony highlighting the Company’s plan to collaborate with local communities to...

Metals Australia is progressing with its flagship Lac Rainy flake graphite project in Quebec, Canada. Lac Rainy is well-positioned to supply high-quality graphite products, including battery-grade graphite to the North American market – including for lithium-ion and EV battery production. The company has planned a drilling program to test new high-grade zones identified from the...

Works will commence this week with a geological team beginning on ground reconnaissance works at the Projects in preparation for a site visit by Managing Director, Alex Biggs and Exploration Manager, Jarrad Woodland in early June. HIGHLIGHTS Note 2: The Company is optimistic about concluding the transaction and acquisition outlined herein, however at the date...

Central banks were net sellers of gold before that time, selling roughly 4,426 MT of gold between 2000 and 2009. But for nearly a decade and a half now they’ve been net buyers of the metal. As central banks continue to battle inflation with higher interests and the markets fret over the potential for economic...

Energy Fuels is the only uranium producer with both conventional production and in-situ recovery (ISR) in the US. Its 100-percent-owned White Mesa Mill is the only conventional uranium mill in the country with a licensed capacity of over 8 million pounds (Mlbs) of U3O8 per year. The company also owns the Nichols Ranch uranium recovery...

“People invest in mining equities because 80+ percent of mines that are built extend their life or expand the production profile. But we still get exposure to that, obviously getting exposure to their revenue. If they extend the mine life, we still get that upside. So it’s a nice blend of being in this slightly...