GoviEx Uranium (CVE:GXU) Stock Falls 5%
GoviEx Uranium Inc. experienced a 5% decline in its stock price during trading on Monday, dropping to C$0.13. The company saw a significant decrease in trading volume, with only 91,500 shares changing hands compared to the average daily volume of 1,362,357 shares. This decrease in stock price comes after Eight Capital set a C$0.70 target […]
SRC anticipates annual production of 400 tonnes of rare earths due to new agreement
The Saskatchewan Research Council has announced a groundbreaking partnership with the Vietnam-based Hung Thinh Group that will see the production of 400 tonnes of rare earth metals each year, starting in 2025. This comes after the council signed a five-year agreement in principle to import 3,000 tonnes of rare earth carbonate annually. Rare earth metals […]
Uranium, the next big trend Stock Market trend?
Everyone is looking for “the next lithium” in reference to the massive rallies ASX listed lithium stocks have enjoyed over the last 24 months. Some have bravely touted uranium as the next resources sector destined to pop. Clearly there are some key potential drivers here, energy security concerns in the wake of Russia’s invasion of […]
Chinese espionage agency warns of foreign infiltration in rare earth and food technology industries
In recent news, two individuals in China have been sentenced to jail time and had their personal property confiscated for providing state secrets to foreign entities. Cheng, who was fined 100,000 yuan (US$13,800) and had property worth 900,000 yuan seized, shared information about rare earths with a foreign non-ferrous metals company. Ye, on the other […]
Short film “Nuclear Princeton” delves into the consequences of uranium mining on Navajo territories
In a groundbreaking collaboration between Rocky Mountain PBS and a team of animators, the untold stories of Indigenous communities impacted by uranium mining are coming to life in a unique and powerful way. The film project, spearheaded by Ryo Morimoto and Thomas Dayzie, seeks to shed light on the complex issues of nuclear science and […]
Gina Rinehart Enters the Critical Minerals Arena as Copper Gears Up for a Bull Run: Technology Metals Report (04.12.2024)
Technology Metals Report Highlights Major Developments in Critical Minerals Industry The latest issue of the Technology Metals Report (TMR) from the Critical Minerals Institute (CMI) showcases some of the most impactful stories from the critical minerals and technology metals industry. The report highlights key developments that are shaping the industry landscape, including advancements in lithium […]
Orpheus Uranium Insiders See AU$1.5m Increase in Value on AU$1.12m Investment
Insiders at Orpheus Uranium Limited (ASX:ORP) had a profitable week as the stock soared 41%, resulting in a handsome reward for those who bought shares over the past year. The company’s market capitalization rose by AU$6.6 million, translating to a remarkable gain of 136% on their initial investment. What was initially bought for AU$1.12 million […]
Ideal Timing for New Australian Rare Earth Element Projects
The global rare earths market is facing a bottleneck, with only two operating refineries outside of China struggling to meet demand. However, the tide is turning as new refineries are set to come online, providing a lifeline to ASX mining stocks with projects in Australia. China currently refines a whopping 87% of the world’s rare […]
ASX expert recommends purchasing Lynas shares immediately
Lynas Rare Earths Ltd (ASX: LYC) shares have surged by 2.52% to $6.11 per share on Thursday, showing signs of recovery from a recent dip in share price. The company’s stock hit a 52-week low of $5.49 on March 27 before rebounding by 11% to its current value. Lynas is the leading producer of separated […]
Standard Uranium Encounters Unusual Levels of Radioactivity
Standard Uranium Ltd. has completed their inaugural drilling activities at the Atlantic Project in the eastern Athabasca Basin of northern Saskatchewan, Canada, with promising results. The Company reported anomalous radioactivity in all five drill holes, indicating a fertile uranium system. The drilling intersected multiple zones of elevated radioactivity in both the sandstone and basement, confirming […]