Articles On Peninsula Energy (ASX:PEN)

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...

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.