Articles On Peninsula Energy (ASX:PEN)

Summary  The mining of Crypto currencies draws an enormous amount of electricity The mining industry is continuously facing challenges because of its high energy use and environmental concerns. Crypto miners are seeking cheap and clea...

Field operations have run consistently and the response has indicated favourable trends with no further field layout adjustments required.

Net proceeds of the recent SPP will be used to settle the purchase of 300,000 pounds of natural uranium concentrates which the board believes is strategically aligned with preparations for the company’s flagship Lance Project to transition...

Momentum is steadily building for uranium companies, as investors who have bet on the bottom for the past several years begin to see returns amid broader positive sentiment in the market. Percolating in the background is a wave of optimism...

On Thursday afternoon the Australian shares were trading lower, in line with Wall Street which closed lower in overnight trade. The market extended losses for the second straight session, led by losses in bank, health care and energy stocks...

Net proceeds will be used to settle the purchase of 300,000 pounds of natural uranium concentrates which the board believes is strategically aligned with preparations for the company’s flagship Lance Project to transition to low pH ISR oper...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

As the uranium spot price continues a four-week winning streak, Uranium Participation Corp concludes an equity raising to fund future purchases of uranium -Uranium Participation Corp raises C$80m-Exelon seeks nuclear plant reprieve-Uranium...

The Full 180 is a fortnightly look at ASX capital raisings. We are entering our fourth week (or so) of a quiet/consolidation period for capital raisings. We are chugging along at a pace of four to six share placements per day, with volumes...

Summary The ASX200 hit a fresh high of 7,186.80, breaching its previous peak touched on May 11. Poultry producer Inghams Group emerged as a top performer on the ASX with 8% gain. Nine of the 11 sectoral indices ended in green, while m...

The placement and SPP will fund the purchase of 300,000 pounds of uranium at a price of US$31.35 per pound, a strategic purchase that will assist the company as it transitions the Lance Project in Wyoming to a low pH ISR operation.

URANIUM bull Peninsula Energy has 'put its money where its mouth is', raising A$13.4 million to buy 300,000 pounds of uranium priced at US$31.55/lb.

The ASX had a mixed day but closed narrowly in the green with a 0.03 per cent gain to 7,095 points while the ASX Emerging Companies Index gained 0.25 per cent to 2,164 points. While more sectors were down rather than up, it was offset by te...

Large and small caps had diverging fates on the ASX today with the former closing 0.32 per cent down from yesterday at 7,093 points while the ASX Emerging Companies Index rose 1.21 per cent to close at 2,159. The various ASX sectors were al...

The company is the only ASX-listed uranium company that has the immediate ability to take advantage of US Government programs supporting domestic uranium production.

The Peninsula Energy Ltd (ASX: PEN) share price won’t be going anywhere today. Securities in the uranium miner entered a trading halt before today’s session at the request of the company. Here’s why shares in Peninsula are halted and what...

Dacian Gold’s quest to snare a $40 million cash injection is off and racing. 

Shaw and Partners is delighted to be appointed as Joint Lead Manager to the proposed capital raising by Peninsula Energy (ASX: PEN).   Peninsula Energy is proposing to ra... Read More

The webinar will feature Lotus Resources, Peninsula Energy and Alligator Energy with projects in Africa, the US and Australia respectively.

Summary The S&P/ASX 200 is set to close higher for a second consecutive session on Monday, led by gains in consumer discretionary, tech and energy stocks. Resolute Mining Limited (ASX:RSG) was the top gainer on ASX, rising 7.39% to...

The field demonstration of low-pH In-Situ Recovery has been flexibly designed to generate comprehensive site-specific data on the influence of certain development and operational parameters ahead of a final investment decision to restart pr...

Tech stocks lift Wall Street as iron ore tumbles 12% All major indices in US rose on Friday, with the Dow Jones climbing by 1.06%, the S&P 500 rising 1.49%, and tech-heavy NASDAQ rising by 2.32%. Tech stocks led the charge, as US Treasu...

As the uranium spot price rose 3.8% for the week, share prices of current and prospective uranium producers rose solidly -Uranium equities outperform most indices-Cameco and Kazatomprom production reports-Uranium spot price rise by 3.8% for...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

The Peninsula Energy Ltd (ASX: PEN) share price has jumped 4% higher in morning trade to 13 cents apiece. Investors are watching the company’s share price after the uranium miner released its quarterly report. Let’s take a look at how Peni...

By 2030, there will not be enough uranium production to meet demand, even if every single idled mine and planned project goes into production. That’s the base case (most expected) scenario. The Nuclear Fuel Report 2019, World Nuclear Associ...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Peninsula Energy Ltd (ASX: PEN) shares are on the rise today after the company provided a market update. At the time of writing, the Peninsula share price is soaring 8.7% higher to 12.5 cents. We take a look at the ASX uranium share’s late...

A field demonstration of low-pH In-Situ Recovery (ISR), which started in August 2020, is designed to provide key data on pattern configurations, pH adjustment, acid consumption and oxidants ahead of a decision to restart production at the L...

As the uranium price rise of recent weeks takes a breather, Cameco plans to restart production at the Cigar Lake mine -Cameco’s Cigar Lake mine to restart-Recent research on ASX-listed uranium companies-The weekly Spot uranium price falls -...

Source: naito29, Shutterstock Summary Two ASX energy stocks were under the spotlight on Tuesday due to a sudden rise in their stock prices. Peninsula Energy (ASX: PEN) signed various binding agreements to secure its CY21 and CY22 sale...

Spot uranium prices have made a move past +US$30/lb, sparking a surge in Aussie uranium stocks Colombian explorer Los Cerros pulls up spectacular 460.9m intercept grading 1.11g/t gold Bastion (gold) Orminex (gold) and Rumble (silver, lead)...

Wall Street finishes on record highs again after strong US jobs data Dow Jones and S&P500 closed on Monday at record highs once again, following the US jobs data on Friday that showed almost 1 million jobs were added in March, and unemp...

The Peninsula Energy (ASX: PEN) share price closed more than 14% higher today, and with no new announcements from the company, the question is why. At the time of writing, the Peninsula Energy share price is trading at 12 cents, which is t...

The uranium industry is setting up for an accelerated rise in prices with a supply deficit looming and demand growing as governments target ‘cleaner and greener’ energy sources – a sector in which nuclear power didn’t seem to be considered...

This information will be invaluable as the company progresses the Lance Project toward a return to commercial production.

The Peninsula Energy Ltd (ASX: PEN) share price is looking to extend its miraculous run in 2021. Earlier today, Peninsula announced that the company has begun trading on the OTCBQ Venture Market in the US. At the time of writing, the Penin...

Ongoing cashflow has been generated through Peninsula’s strong, long-term existing contract book – with a net cash margin from sales of US$1.4 million realised in the December 2020 quarter.

The company is also the only ASX-listed uranium company that has the immediate ability to take advantage of US government programs supporting domestic uranium production. 

Despite the uranium spot price continuing to move in a tight range, uranium equities continue on an upward trajectory. -Equity market excited about a better outlook for uranium prices-Nuclear energy recognised as an essential element of the...

While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more estab...

Trading on the OTC market will provide a reliable platform and opportunity for North American investors to become shareholders in Peninsula.

Trading on the OTC market will provide a reliable platform and opportunity for North American investors to become shareholders in Peninsula.

In August, the US Democrats endorsed nuclear energy for the first time in 48 years as part of its 'technology-neutral' approach to decarbonising the power sector.

Summary Peninsula is an ASX-listed uranium player with wholly-owned Lance Uranium project in Wyoming, USA. The US bill will fund US$75 million towards the national strategic uranium reserve, supporting greater reliance on the domestic...

The Peninsula Energy Ltd (ASX: PEN) share price is advancing today following the overnight United States Omnibus budget approval. During late morning trade, the Peninsula share price rose as high as 11.5 cents. However, the uranium mining...