Articles On Peninsula Energy (ASX:PEN)

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...

Uranium miner Peninsula Energy (PEN) has submitted an interim restoration report (IRR) to the Wyoming Department of Environmental Quality The approval is so the company can use a low pH in-situ recovery (ISR) technique at its Lance uranium...

The Lance Project is a uranium mine that is in the process of changing its uranium extraction technique to low pH in-situ recovery (ISR).

Eligible shareholders can apply for 1 new share priced at 16.5 cents for every 20 shares they own at the record date.

URANIUM producer Peninsula Energy has successfully raised A$7 million via a placement to fund a 6-9 month trial at its Lance in-situ recovery project ...

Proceeds from the institutional placement and the entitlement offer will be used for ongoing site operational costs and low pH de-risking and optimisation activities at the Lance Projects in the US.

The halt will remain until Friday, November 27, or when an announcement is made to the market.

The amending deeds have been executed with remaining formal documentation hoping to be executed before calendar year-end.

Peninsula continues to advance the transition of its Lance Projects in Wyoming, USA, from an alkaline ISR operation to a low pH ISR operation.

Peninsula Energy Limited (ASX: PEN) has announced that it has reached an agreement with Resource Capital Fund VI L.P, Pala Investments limited and entities associated with Investment Fund Collins Street Value Fund on the terms of proposed r...

US-FOCUSED uranium player Peninsula Energy has avoided the danger of being sent to the knackers' yard after reaching an agreement to ...

A partial contract monetisation is expected to generate US$10-11 million to pay down debt.

It is a significant milestone for the company to receive regulatory confirmation of the successful demonstration of low pH in-situ recovery at Lance.

The company is preparing a report on the progress of its proposal to transition its Lance Projects in the US to a low pH ISR operation.

URANIUM producer Peninsula Energy will likely write down the value of its Lance in-situ recovery project in Wyoming, which could trigger an early ...

Perth, Australia-based Ora Banda Mining Limited (ASX: OBM) is a gold exploration company currently undertaking a series of resource drill out, detailed mine planning and regional high-impact exploration programs to maximally leverage signif...

The company is now preparing a report following the completion of initial mining and restoration phases.

Peninsula now holds the advantage of being the only company operating in the US that is authorised to utilise this proven and effective uranium recovery method.

Euroz has valued Peninsula at 55 cents per share with a price target of 60 cents per share.

Some interesting things happened in the world of Australian uranium stocks today. We look at the Trump effect. The post Peninsula Energy Share Price Down but Australian Uranium Market Gets Trump Bump appeared first on Money Morning Australi...