The company, which started trading under the ticker NEO, has up to 70% interest in the Henkries uranium project in South Africa, an asset that holds the promise of becoming a low-cost mine. The remaining 30% held by Wavecrest Investments.
The Kenya-based company says that Henkries, which holds a current estimated mineral resource of 4.7 million pounds of uranium, has a vast potential as less than 10% of prospective ground has been fully tested to date. Neo Energy’s public listing comes at a time of high uranium prices, which are fuelling an ongoing rally in the stocks of uranium miners,
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Column: New EU power market, same old problems for metals sectorNo 1 source of global mining news and opinion
Fuente: mining - 🏆 449. / 53 Leer más »
Christian Precious Metals Company Embraces Integrity to Protect Americans’ RetirementSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fuente: BreitbartNews - 🏆 610. / 51 Leer más »
GM, Stellantis among group investing $33M in company that makes magnets without rare earth metalsThe venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using expensive rare-earth metals. Neither company would say how much they’re investing in Niron Magnetics of Minneapolis.
Fuente: AP - 🏆 728. / 51 Leer más »