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US Senate passes bill banning Russian uranium imports
The US Senate has given the green light to legislation banning the import of Russian uranium as part of continued efforts to disrupt the war against Ukraine. The Senate passed the bill by unanimous consent after the House of Representatives approved it in December. It will now advance to the White House for signing by […]
Aurum Resources appoints Côte d’Ivoire country manager for Boundiali gold project
Aurum Resources (ASX: AUE) has appointed Yao N’Kanza (Fred) to the role of country manager for Côte d’Ivoire to expedite business development activities in the region and field exploration at the Boundiali gold project. Based in Abidjan, Mr N’Kanza has over 15 years of experience in gold exploration and new project generation. His expertise includes […]
IperionX and Vegas Fastener Manufacturing team up to supply US Army with titanium fasteners
Australian company IperionX (ASX: IPX) and US-based Vegas Fastener Manufacturing will partner up to develop and manufacture titanium alloy fasteners and precision components for supply to the US Army Ground Vehicle Systems Centre. The centre is a research and development facility for advanced technology in ground systems including robotics, autonomy, survivability, power, mobility, intelligent systems, […]
NickelX explores Canadian uranium opportunities, targeting Elliot Lake district
NickelX (ASX: NKL) is preparing to start work at its new Canadian uranium project. Best known for its Western Australian exploration activities, the company added to its portfolio when it acquired rights to the highly prospective Elliot Lake uranium project in Ontario earlier this year. The project is located along strike from the well-known uranium […]
Surefire Resources’ new partnerships and test results signal bright future for Victory Bore vanadium project
Surefire Resources (ASX: SRN) had a run of success at its Victory Bore vanadium project in Western Australia during the March quarter, with multiple agreements reached and positive study results highlighting the quality of its flagship asset. Victory Bore contains one of the largest vanadium resources in Australia, with a mineral resource estimate of 464 […]
Billionaire Kerry Packer’s stark explanation of tax minimisation echoes through time
It was the blunt but ingenious billionaire Kerry Packer who memorably explained to a stunned Parliamentary committee exactly how the tax system works. The late business tycoon said: “I am not evading tax in any way, shape or form. Now of course I am minimising my tax and if anybody in this country doesn’t minimise […]
QMines study confirms viable future for Mt Chalmers copper-gold deposit
A pre-feasibility study (PFS) for the development of the historic Mt Chalmers copper-gold deposit in Queensland has demonstrated a technically and financially robust opportunity for owner QMines (ASX: QML). The study assessed the construction of a $191 million operation comprising a three-stage open-pit mine to a total depth of 220 meters and a standalone on-site […]
Latrobe Magnesium prepares for commercial launch as production begins from demonstration plant
Latrobe Magnesium (ASX: LMG) is set for a major milestone with the start-up of early-stage magnesium oxide (MgO) sales from its demonstration plant project in Victoria. The company’s project and construction teams have completed the fast-tracked construction of the plant areas required to produce one-ton bulk bags of MgO in preparation for the start of […]
Lithium Universe achieves key milestones with Québec refinery progress and strategic expansion
Lithium Universe (ASX: LU7) achieved a number of practical and corporate milestones in what was a particularly strong March quarter. On the technical side, the company is making good progress with a major test program to investigate the establishment of lithium carbonate refinery in Québec. Having identified a strategic opportunity related to the lithium conversion […]
PharmAust gears for major clinical milestones in 2024, following strong start and FDA feedback
PharmAust (ASX: PAA) is preparing to undertake a number of key activities in its treatment development schedule after completing a strong start to the year. The clinical-stage biotechnology company highlighted a number of milestones in releasing its quarterly activities report for the period ended 31 March 2024. “The March quarter was particularly important and successful […]
Mitre Mining experiences breakthrough quarter at Cerro Bayo with doubled resource and extensive drilling
Mitre Mining (ASX: MMC) is enjoying a great start to 2024 at its Cerro Bayo silver-gold project in Chile. In releasing the results of what chief executive officer Tim Laneyrie describes as a “pivotal quarter in the company’s history”, Mitre wrapped up the acquisition of the high-grade Cerro Bayo project in Chile, doubled its resource, […]
BPH Energy’s Clean Hydrogen moves to production as PEP-11 permit dispute continues
BPH Energy (ASX: BPH) has released its report for a dramatic March quarter that included a decision to move to production on a new clean energy technology and an ongoing dispute with the New South Wales government over an offshore petroleum permit. In mid-February, BPH announced its investee company Clean Hydrogen had moved from proof […]
RareX commits to advancing the largest undeveloped rare earths project in Australia
RareX (ASX: REE) has committed to advancing its flagship Cummins Range project in Western Australia amid weak market conditions for rare earth stocks while launching a counter-cyclical business development plan aimed at putting it in the best possible position when the market turns. In February, the company released an infill-based updated mineral resource estimate for […]