Articles On Peninsula Energy (ASX:PEN)

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...

The uranium reserve is being established as a manifestation of this administration’s stated priority of preserving existing assets of US nuclear infrastructure.

Only a handful of companies will be able to supply material into the Uranium Reserve and Peninsula is the only ASX-listed company with immediate exposure to this opportunity.

The event featured Calima Energy, Peninsula Energy and Brookside Energy and was live-streamed on the Proactive Youtube channel.

The event featured Calima Energy, Peninsula Energy and Brookside Energy and was live-streamed on the Proactive Youtube channel.

Uranium inventories are being drawn down due to production curtailments from key producers Kazatomprom and Cameco.

The event will feature Calima Energy, Peninsula Energy and Brookside Energy and will be live-streamed on the Proactive Youtube channel.

The US Senate Committee on Environment and Public Works has passed a bill that approves the establishment of a national uranium strategic reserve. The new bill, which will almost certainly pass the whole US Senate because it has bipartisan...

There is an extremely low capital requirement for restart of the Lance Project, and a six-month pathway to production following a Final Investment Decision.

As the spot price of uranium holds steady for the month, an investment firm details bright prospects for the sector.  -Are we past the cyclical downturn for uranium?-Five investment ideas-The monthly spot price is unchanged By Mark Woodruff...

ShareCafeUranium Week: Consumers May Finance UK Reactor Horizon Nuclear Power, a UK-based subsidiary of Hitachi, has been holding “detailed conversations” with the UK government in recent weeks to persuade ministers that the proposed Wylfa...

Hitachi is talking to the UK government about resurrecting plans for a nuclear power plant in Wales, while the spot uranium price takes a tumble. -Hitachi is seeking to revive plans for a nuclear power plant in UK-US uranium production cont...

The company is focused on applying a low pH extraction process to transition Lance into a significant, low-cost, long-life uranium operation.

The laboratory tests also confirm that low-pH solutions with oxidant can extract uranium from un-mined areas at rates consistent with the 2018 feasibility assumptions.

The latest purchase agreement underpins Peninsula’s forecast net cash margin of US$6 million to US$8 million on uranium sales for next year.

The company is embarking on a project transformation initiative at the Lance Projects in Wyoming, USA to change from an alkaline ISR operation to a low pH ISR operation.

The entitlement offer has allowed Peninsula to repay its existing debt in full, leaving the company cashed-up and in a strong position to pursue its uranium production re-start strategy in the US.

PEN has “a production re-start ready mine, long-term uranium sale contracts, direct exposure to the proposed US Government uranium buying program and a clean balance sheet”.

The company has started early preparation activities for the planned transition to low pH operation at the Lance Uranium Project in Wyoming, USA.

Uranium USA seems to be new destination for Australian juniors. The move comes as US President Donald Trump’s administration in Washington is pushing to expand uranium production domestically in order to reduce or even end America’s depende...

Superior Lake Resources’ (ASX:SUP) is running the ruler over some US uranium projects, underscoring what is starting to look increasingly like a widespread revival of the uranium sector. Prior to the COVID-19 pandemic, there were already si...

The raising means the company will be well-positioned to continue low pH transformation activities and to prepare for restart of its flagship Lance Uranium Project.

A quick wrap of the key winners and losers on Thursday, June 4. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   Code Name Price % Chg...

The raising means the company will be well-positioned to continue low pH transformation activities and to prepare for restart of its flagship Lance project.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

The US strategy released in April recognises that national security is truly integrated with the health of the front-end of the nuclear fuel cycle and will support the domestic supply of uranium.

An existing structural supply deficit in the global uranium market, aggravated by ongoing COVID-19 supply disruptions, has sent the uranium ‘spot’ price up +30 per cent year-to-date. Is this an isolated blip or the start of a more sustainab...

ShareCafeTime For Yellowcake’s Day In The Sun? As followers of yellowcake would know, there have been plenty of proclamations about an imminent recovery post Fukushima, but they have all turned out to be false dawns. With buyers and sellers...

By Tim Boreham, Editor, The New Criterion Is it really time for yellowcake’s day in the sun? As followers of yellowcake would know, there have been plenty of proclamations about an imminent recovery post Fukushima, but they have all turned...

GTI Resources (ASX: GTR) will begin a new exploration program next Monday at its Jeffrey uranium project in Utah, with the company citing several factors propelling yellowcake prices. These include uranium moving from a spot price of US$23...

A quick wrap of the key winners and losers on Tuesday, April 28. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   WINNERS CODE COMPANY PR...

While, there aren’t many surprises in the newly released, long-delayed report from the US Nuclear Fuel Working Group (NFWG), the recommendations add momentum to an already bullish outlook for uranium. In July last year the world’s biggest u...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The US strategy recognises that national security is truly integrated with the health of the front-end of the nuclear fuel cycle and will support the domestic supply of uranium.

Recent supply shocks have caused USD uranium price to surge almost 29% since the start of 2020, rising from US$24.85 to $32 per pound.

Peninsula shares are trading about 9% higher intra-day after selling a total of 116,000 pounds uranium in March at an average realised cash price of about US$35 per pound.

The primary focus of activities at the Lance Project this year is on the low pH de-risking and optimisation program.

Other than the gold and iron ore space, things are pretty glum in the broader mining market thanks to the pressure on commodity prices caused by the threat to global economic growth from the coronavirus. Among all the gloom and doom though,...

Peninsula’s Lance Project in Wyoming is ready to provide uranium to help meet the strategic needs of the US.

The company can raise up to $2.08 million in total by placing the shortfall from the offer within three months.

Despite much optimism among the uranium industry, 2019 proved to be more of the same dreary conditions that plagued the sector for the past couple of years. Uranium prices have been largely stagnant in the past six months, bouncing around i...