Alaska Energy Metals Obtains Receipt for Short Form Base
Alaska Energy Metals Corporation (AEMC) announced it has received a receipt for its final short form base shelf prospectus, allowing it to raise up to C$50 million through securities over a 25-month period. The prospectus enables the company to issue various securities, with specific terms disclosed in future supplements. AEMC focuses on developing its large […]
Reports indicate that Uranium Mines in the Urals are being submerged by Russia’s Record Floods.
The recent flooding in Russia’s Kurgan region has caused significant concerns as Soviet-era uranium mines in the area have been submerged, raising fears of radioactive and chemical pollution seeping into the Tobol River. The Dobrovolnoye uranium deposit, operated by an enterprise owned by state nuclear energy agency Rosatom, is located within the flood zone and […]
US to provide funding for Rainbow Rare Earths mining project listed in London amidst escalating competition with China
The US Government is set to bankroll London-listed miner Rainbow Rare Earths in developing a South African mine for key energy transition metals extraction. With China currently dominating the rare earth space, controlling 70% of mining and 90% of refined output, the US aims to support projects that can compete against this monopoly. Rainbow Rare […]