New underground PFS cuts capex for Fission Uranium’s Triple R deposit

SOME of the first geological images of one of the world’s last unexplored mineral frontiers have glimpsed the mining potential of Australia’s vast Nullarbor Plain.

U3O8 Corp., a Canadian-based company focused on the development of deposits of uranium and associated commodities, reports on significant developments in nuclear energy in the South American country.

China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.

Testing of absorbent materials show capacity to hold 5.2 grams of uranium per kilogram, after 49 days exposure to seawater.

Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.

Talking top value amid low uranium prices, Daniel Major gets to the crux of his pitch for GoviEx, the uranium developer he leads.

Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.

The Brexit vote to leave the E.U. is bullish for gold as it creates uncertainty but the real driver for the long term gold price is currency devaluation, which is happening now globally at an unprecedented rate as most countries attempt to lessen the value of their debt.

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.