Cauldron Energy Ltd
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Cauldron Energy Partners with Uzbek Giant Navoiyuran to Advance Yanrey Uranium Project
Cauldron Energy (ASX: CXU) is joining forces with global uranium powerhouse Navoiyuran to progress development of its Yanrey project near Onslow in Western Australia. Navoiyuran is Uzbekistan’s national uranium company and the world’s second largest in-situ recovery (ISR) uranium producer, with a total of 42 different uranium deposits in its portfolio. Under a memorandum of […]
Weekly wrap: miners push towards new record but banks hold back
It was a close-run thing but the Australian market missed out on setting a new record on Friday thanks mainly to a rare downward pull from the big banks. At one stage the ASX 200 traded at 8143.6 points – just 5 points away from the record high set in August – but the drag […]
Cauldron Energy confirms significant uranium discovery at Manyingee South prospect
Cauldron Energy (ASX: CXU) has declared the Manyingee South prospect at its Yanrey project in Western Australia a globally significant in-situ recovery (ISR) uranium deposit. The declaration came after Cauldron defined thick, high-grade mineralisation along a continuous 1.5 kilometre strike length with the first four holes drilled intersecting mineralisation. The project is located just 4.5km […]
Western Australia poised for uranium mining revival as political support grows
Just days after Federal Liberal party leader Peter Dutton came out in hard-hitting support of nuclear power, his Western Australian counterpart has backed a return to uranium mining in her state. Opposition leader Libby Mettam has confirmed that uranium miners would be able to proceed through the same environmental approvals as other minerals if she […]