Devex Resources Ltd
DevEx Resources Limited is an Australia-based exploration company.
The business
DevEx Resources Limited is an Australia-based exploration company. The Company is focused on uncovering the uranium discovery in Australia. Its projects include the Nabarlek Uranium Project, Murphy West Uranium Project and Kennedy Rare Earth Element (REE) Project. Its flagship Nabarlek Uranium Project holds over 9,200 square kilometers (km2) of land located on the north-western margin of the McArthur Basin within the Alligator Rivers Uranium Province in the Northern Territory. The Murphy West Uranium Project covers approximately 10,000km2 in the Westmoreland Uranium Province on the south-eastern margin of the McArthur Basin. The Kennedy REE Project is an advanced exploration project in North Queensland, Australia. Its other project includes the Jimblebar Copper-Nickel Project which comprises over 200km2 of granted tenements adjacent to known occurrences of copper sulfide mineralization at the Copper Knob prospect and chromite at the historical Coobina chromite mine.
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Latest news
DevEx Resources enhances uranium prospects with Murphy West and Nabarlek drilling results
DevEx Resources’ (ASX: DEV) confidence in its Northern Territory uranium assets has been boosted by positive results from its Murphy West and Nabarlek projects. DevEx has identified several large high-priority uranium anomalies at Murphy West from initial studies of a recently completed airborne radiometric and magnetic survey. Meanwhile at Nabarlek, the company has received further […]
Uranium price breaches US$60 a pound as demand outstrips supply
It’s getting harder by the day to ignore the uranium revival as the price breaches the US$60 level with stockpiles shrinking and demand comfortably outstripping supply. If it was any other commodity the price would almost certainly be a lot higher as would the share prices of the small band of Australian mining companies prepared […]
Uranium and gas big winners from Europe’s energy backflip
Uranium and natural gas are coming in from the cold with potentially profound implications for investors. Despite being two of the most efficient sources of relatively low pollution energy, both uranium and gas have been treated as enemies of the environment – putting them off limits to some fund managers. The reality of energy-starved Europe, […]
Amid dazzling returns, is now the time to join the diamond hunt?
The local diamond exploration sector has lost its glitter in recent years, but there’s renewed interest in finding the dazzling stones ancient Greeks thought were splinters of stars that had fallen to earth. Underpinning the activity is a looming shortage of better-quality stones spurred by pandemic-related supply problems and the backlash against “blood” diamonds (those […]
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