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Why ASX uranium shares are diving double-digits on Monday fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
School of Rock: The uranium price is going wild in 2021, but how is it set and what does it mean? stockhead.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockhead.com.au Daily Mail and Mail on Sunday newspapers.
ASX climbs 0.6pc amid mixed employment figures afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Aug 03 2021 As the uranium spot price remained unchanged last week, the world’s largest uranium company and several small ASX-listed companies released financial results. -Cameco expects to produce up to 12mlbs in 2021 -Shaw and Partners view on two ASX-listed companies -Uranium spot price rises by less than 1% for the month By Mark Woodruff Canadian uranium producer Cameco last week reported a net loss of -US$29.4m for its second quarter ended June 30. President and CEO Tim Gitzel noted the company added an additional 7mlbs to its long-term sales contract portfolio, bringing the total contracted so far in 2021 to 16mlbs. The company reported production of 1.2mlbs for the second quarter, and expects to produce up to 12mlbs on a 100% basis in 2021, provided there are no further disruptions due to covid-19, forest fires, or any other cause. ....
MONEYWEB app instead? Zombie mines are coming back to life on soaring metals prices ‘Some of these old mining assets around the world that have been discarded and dumped are an eyesore theyâre a problem.’ By James Thornhill, Bloomberg 18 Jul 2021 07:41 Image: Bloomberg Creative Photos/Bloomberg A silver mine in Bosnia and Herzegovina that sat derelict through the years of civil strife that gripped the region from the early 1990s may soon be taken out of mothballs to benefit from an optimistic price outlook. Adriatic Metals Plcâs Vares project could resume production by the end of 2022 following a hiatus of more than three decades, according to Chief Executive Officer Paul Cronin. Itâs part of a nascent trend toward restarting so-called âzombieâ mines operations which have been shuttered for reasons varying from weak prices to owner bankruptcy or political unrest. ....